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Condensed Consolidated Statement of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
OPERATING REVENUES:        
Total operating revenues $ 6,220 $ 4,679 $ 17,642 $ 10,739
OPERATING EXPENSES, NET:        
Salaries, wages, and benefits 2,322 2,122 6,771 5,518
Payroll support and voluntary Employee programs, net 0 (776) 0 (2,963)
Fuel and oil 1,750 990 4,390 2,261
Maintenance materials and repairs 204 250 624 646
Landing fees and airport rentals 395 376 1,128 1,092
Depreciation and amortization 335 322 984 949
Other operating expenses 819 662 2,343 1,710
Total operating expenses, net 5,825 3,946 16,240 9,213
OPERATING INCOME 395 733 1,402 1,526
OTHER EXPENSES (INCOME):        
Interest expense 86 115 272 343
Capitalized interest (11) (9) (31) (27)
Interest income (70) (2) (101) (6)
Loss on extinguishment of debt 76 12 192 12
Other (gains) losses, net (39) 17 57 (44)
Total other expenses (income) 42 133 389 278
INCOME BEFORE INCOME TAXES 353 600 1,013 1,248
PROVISION FOR INCOME TAXES 76 154 254 339
NET INCOME $ 277 $ 446 $ 759 $ 909
Net income per share, basic (in USD per share) $ 0.47 $ 0.75 $ 1.28 $ 1.54
Net income per share, diluted (in USD per share) $ 0.44 $ 0.73 $ 1.21 $ 1.49
COMPREHENSIVE INCOME $ (223) $ 577 $ 676 $ 1,300
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 593 592 593 591
Diluted (in shares) 639 607 643 610
Revision of Prior Period, Reclassification, Adjustment        
OTHER EXPENSES (INCOME):        
Other (gains) losses, net   $ 12   $ 12
Passenger        
OPERATING REVENUES:        
Total operating revenues $ 5,613 4,227 $ 15,867 9,508
Freight        
OPERATING REVENUES:        
Total operating revenues 44 47 133 140
Other        
OPERATING REVENUES:        
Total operating revenues $ 563 $ 405 $ 1,642 $ 1,091