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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (149) $ (231)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 396 408
Unrealized/realized loss on fuel derivative instruments 0 1
Deferred income taxes (43) (68)
Gain on sale-leaseback transactions (3) 0
Changes in certain assets and liabilities:    
Accounts and other receivables 57 (308)
Other assets 145 (14)
Accounts payable and accrued liabilities (126) (897)
Air traffic liability 660 1,115
Other liabilities (63) (71)
Cash collateral provided to derivative counterparties (22) 0
Other, net 8 (39)
Net cash provided by (used in) operating activities 860 (104)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (501) (583)
Assets constructed for others 0 (9)
Proceeds from sale-leaseback transactions 24 0
Purchases of short-term investments (51) (1,678)
Proceeds from sales of short-term and other investments 1,154 1,720
Other, net (3) (35)
Net cash provided by (used in) investing activities 623 (585)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Employee stock plans 17 15
Repurchase of common stock (750) 0
Payments of long-term debt and finance lease obligations (5) (8)
Payments of cash dividends (107) (215)
Other, net (13) (24)
Net cash used in financing activities (858) (232)
NET CHANGE IN CASH AND CASH EQUIVALENTS 625 (921)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 7,509 9,288
CASH AND CASH EQUIVALENTS AT END OF PERIOD 8,134 8,367
CASH PAYMENTS FOR:    
Interest, net of amount capitalized 11 18
Income taxes 1 3
SUPPLEMENTAL DISCLOSURE OF NON-CASH TRANSACTIONS:    
Right-of-use assets acquired or modified under operating leases $ 14 $ 16