XML 20 R3.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statement of Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
OPERATING REVENUE:        
Operating Revenue $ 1,008 $ 5,909 $ 5,242 $ 11,059
OPERATING EXPENSES:        
Salaries, wages, and benefits 1,714 2,068 3,568 4,043
Payroll support, voluntary separation, net (784) 0 (784) 0
Fuel and oil 257 1,136 1,128 2,152
Landing fees and airport rentals 275 357 614 691
Maintenance materials and repairs 140 310 412 603
Depreciation and amortization 313 302 624 598
Other operating expenses 220 768 917 1,499
Operating Costs and Expenses 2,135 4,941 6,479 9,586
OPERATING INCOME (LOSS) (1,127) 968 (1,237) 1,473
OTHER EXPENSES (INCOME):        
Interest expense 96 31 124 61
Capitalized interest (7) (9) (12) (17)
Interest income (9) (24) (26) (47)
Other (gains) losses, net 32 2 60 4
Total other expenses (income) 112 0 146 1
INCOME (LOSS) BEFORE INCOME TAXES (1,239) 968 (1,383) 1,472
PROVISION FOR INCOME TAXES (324) 227 (374) 344
NET INCOME (LOSS) $ (915) $ 741 $ (1,009) $ 1,128
Earnings (Loss) Per Share, Basic and Diluted $ (1.63) $ 1.37 $ (1.87) $ 2.06
COMPREHENSIVE INCOME (LOSS) $ (859) $ 675 $ (1,078) $ 1,138
DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING        
Weighted Average Number of Shares Outstanding, Basic and Diluted 563 542 539 547
Passenger        
OPERATING REVENUE:        
Operating Revenue $ 704 $ 5,487 $ 4,549 $ 10,231
Freight        
OPERATING REVENUE:        
Operating Revenue 38 44 77 87
Other        
OPERATING REVENUE:        
Operating Revenue $ 266 $ 378 $ 616 $ 741