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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) $ (386) $ (53)
Adjustments to reconcile net (loss) to net cash provided by operating activities:    
Deferred income taxes (51) (40)
Depreciation 396 365
Amortization 39 33
Impairment of long-lived asset 5 0
Stock-based compensation 25 23
Changes in certain operating assets and liabilities 300 1,438
Other, net (7) (11)
Net cash provided by operating activities 321 1,755
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (483) (770)
Predelivery deposits for flight equipment (116) (33)
Purchase of held to maturity investments (142) 0
Purchase of available-for-sale securities (470) (520)
Proceeds from the sale/maturity of held to maturity investments 2 0
Proceeds from the sale of available-for-sale securities 589 590
Payment for acquisition (25) 0
Other, net (2) (2)
Net cash used in investing activities (647) (735)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of long-term debt 0 1,010
Proceeds from issuance of common stock 29 22
Proceeds from issuance of stock warrants 0 14
Repayment of long-term debt and finance lease obligations (255) (1,775)
Acquisition of treasury stock (6) (7)
Other, net (35) (1)
Net cash used in financing activities (267) (737)
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (593) 283
Cash, cash equivalents and restricted cash at beginning of period 2,077 1,969
Cash, cash equivalents and restricted cash at end of period [1] 1,484 2,252
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash payments for interest 86 121
Cash receipts of income tax refunds (net of payments) (95) 0
NON-CASH TRANSACTIONS    
Operating lease assets obtained in exchange for operating lease liabilities 61 0
Lease Modifications and lease conversions 0 40
Cash and cash equivalents 1,401 2,193
Restricted cash 83 59
Total cash, cash equivalents and restricted cash [1] $ 1,484 $ 2,252
[1] Reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets:
September 30, 2022September 30, 2021
Cash and cash equivalents$1,401 $2,193 
Restricted cash83 59 
Total cash, cash equivalents and restricted cash$1,484 $2,252