XML 43 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Finite Lived Intangible Assets
The following table is a summary of the Company’s intangible assets, which are included as a component of Other assets in the Company's Consolidated Balance Sheet, as of December 31, 2018 and 2017:
 
 
 
 
Year ended December 31, 2018
 
Year ended December 31, 2017
(in millions)
Weighted-average useful life (in years)
 
Gross carrying
amount
 
Accumulated
amortization
 
Gross carrying amount
 
Accumulated Amortization
Customer relationships/marketing agreements
10
 
$
27

 
$
25

 
$
27

 
$
23

Owned domestic slots (a)
Indefinite
 
295

 
n/a

 
295

 
n/a

Gate leasehold rights (a)
15
 
180

 
78

 
180

 
66

Total
14
 
$
502

 
$
103

 
$
502

 
$
89


(a) Intangible assets primarily consist of acquired leasehold rights to certain airport owned gates, takeoff and landing slots (a "slot" is the right of an air carrier, pursuant to regulations of the FAA, to operate a takeoff or landing at a specific time at certain airports) at certain domestic slot-controlled airports, and certain intangible assets acquired.

Schedule of Change in Accounting Estimate
The impacts on expense and earnings from the accelerated depreciation were as follows:

(in millions, except per share amounts)
Year ended December 31, 2017
Year ended December 31, 2016
Depreciation and amortization expense
$
21

$
123

Net income *
$
(19
)
$
(66
)
Net income per basic share
$
(0.03
)
$
(0.11
)
Net income per diluted share
$
(0.03
)
$
(0.10
)
* net of profitsharing benefit and income taxes