XML 34 R14.htm IDEA: XBRL DOCUMENT v3.21.1
SUPPLEMENTAL FINANCIAL INFORMATION
 3 Months Ended
Mar. 31, 2021
Disclosure Text Block [Abstract]  
SUPPLEMENTAL FINANCIAL INFORMATION SUPPLEMENTAL FINANCIAL INFORMATION
(in millions)March 31, 2021December 31, 2020
Trade receivables$59 $46 
Credit card receivables92 35 
Business partners and other suppliers (a)73 274 
Taxes receivable (b)705 740 
Other8 35 
Accounts and other receivables$937 $1,130 
(in millions)March 31, 2021December 31, 2020
Derivative contracts$131 $90 
Intangible assets, net295 295 
Other317 337 
Other assets$743 $722 
(in millions)March 31, 2021December 31, 2020
Accounts payable trade$169 $111 
Salaries payable197 201 
Taxes payable excluding income taxes190 49 
Aircraft maintenance payable83 95 
Fuel payable98 66 
Other payable357 409 
Accounts payable$1,094 $931 
(in millions)March 31, 2021December 31, 2020
Extended Emergency Time Off$190 $393 
Voluntary Separation Program 2020124 143 
Profitsharing and savings plans46 25 
Vendor prepayment (a)277 600 
Vacation pay443 436 
Health109 111 
Workers compensation163 161 
Property and income taxes80 84 
Interest111 49 
Other122 257 
Accrued liabilities$1,665 $2,259 
(in millions)March 31, 2021December 31, 2020
Extended Emergency Time Off$— $57 
Voluntary Separation Program 2020297 321 
Postretirement obligation430 428 
Other deferred compensation319 353 
Other77 88 
Other noncurrent liabilities$1,123 $1,247 
(a) In fourth quarter 2020, the Company received a $600 million prepayment from Chase for Rapid Rewards points expected to be purchased during 2021, based on cardholder activity on the Visa credit card associated with its loyalty program. During first quarter 2021, $323 million was reclassified to deferred revenue in Air Traffic liability--loyalty (including $106 million that would have been a receivable from business partners as of March 31, 2021), and the remainder is expected to be reclassified during second quarter 2021.
(b) Both periods include approximately $470 million associated with a significant cash tax refund expected as a result of the CARES Act allowing entities to carry back 2020 losses to prior periods of up to five years, and claim refunds of federal taxes paid. This amount also includes excise taxes remitted to taxing authorities for which the subsequent flights were canceled by Customers, resulting in amounts due back to the Company.

For further information on fuel derivative and interest rate derivative contracts, see Note 4.

Other Operating Expenses
Other operating expenses consists of aircraft rentals, distribution costs, advertising expenses, personnel expenses, professional fees, and other operating costs, none of which individually exceeded 10 percent of Operating expenses for the three months ended March 31, 2021.