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Business Combinations, Asset Acquisitions, and Joint Venture Formation (Tables) |  | 9 Months Ended
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Sep. 18, 2024 | Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract] |  |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | ntangible assets
| Fair Value |  | Weighted Average Amortization Period
| (In millions) |  | (In years)
Customer Relationships | $ | 295 |  |  | 18
Co-brand Partnerships | 112 |  |  | 3
Total finite-lived intangible assets | 407 |  |  |
Hawaiian Trademark | 390 |  |  | N/A
Slots | 2 |  |  | N/A
Total intangible assets | $ | 799 |  |  |
Schedule of Business Acquisitions, by Acquisition | Purchase consideration Total purchase consideration includes the value of the cash paid for outstanding shares of Hawaiian, accelerated and vested equity awards attributable to pre-acquisition service, and change in control payments. Alaska funded the full transaction with cash on hand. The total purchase price is calculated as follows:
(in millions, except per share price) | September 18, 2024
Number of shares of Hawaiian common stock issued and outstanding as of September 18, 2024 | 52 |
Multiplied by cash consideration for each share of common stock per the merger agreement | $ | 18.00 |
Cash consideration paid for common stock issued and outstanding as of September 18, 2024 | 936 |
Cash consideration paid for settlement of equity awards and change in control payments | 41 |
Total purchase consideration | $ | 977 |
Business Acquisition, Pro Forma Information |  | The pro forma information includes adjustments for merger-related costs of $146 million assumed to have been incurred on January 1, 2023.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in millions) | 2024 |  | 2023 |  | 2024 |  | 2023
Revenue | $ | 3,739 |  |  | $ | 3,566 |  |  | $ | 10,244 |  |  | $ | 9,918 |
Net Income | 270 |  |  | 90 |  |  | 197 |  |  | (65) |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
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