Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 727	$ 918
Accounts receivable, net	60	50
Supplies, net	41	29
Other current assets	48	40
Total current assets	876	1,037
Property and equipment, net	191	186
Operating lease right-of-use assets	2,403	2,426
Pre-delivery deposits for flight equipment	285	260
Aircraft maintenance deposits	102	98
Intangible assets, net	28	29
Other assets	251	199
Total assets	4,136	4,235
Liabilities and stockholders’ equity
Accounts payable	93	86
Air traffic liability	363	273
Frequent flyer liability	14	13
Current maturities of long-term debt, net	145	127
Current maturities of operating leases	446	444
Other current liabilities	387	383
Total current liabilities	1,448	1,326
Long-term debt, net	207	287
Long-term operating leases	1,964	1,991
Long-term frequent flyer liability	37	41
Other long-term liabilities	71	60
Total liabilities	3,727	3,705
Commitments and contingencies
Stockholders' equity
Common stock, $0.001 par value per share, with 217,499,881 and 217,065,096 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively	0	0
Additional paid-in capital	381	381
Retained earnings	38	159
Accumulated other comprehensive income (loss)	(10)	(10)
Total stockholders’ equity	409	530
Total liabilities and stockholders’ equity	$ 4,136	$ 4,235