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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Document Period End Date Jun. 30, 2012  
Cash flows from operating activities:    
Net Income $ 108.3 $ 103.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Fleet transition expenses 0 36.9
Depreciation and amortization 129.5 122.0
Stock-based compensation and other 5.5 7.3
Changes in certain assets and liabilities:    
Changes in fair values of open fuel hedge contracts 45.3 (25.0)
Changes in deferred income taxes 57.5 57.8
Increase in air traffic liability 177.8 172.1
Increase (decrease) in deferred revenue 3.8 (16.8)
Increase in other long-term liabilities 4.9 53.8
Pension contribution (23.6) (22.2)
Other - net (53.3) (120.2)
Net cash provided by operating activities 455.7 368.7
Property and equipment additions:    
Aircraft and aircraft purchase deposits (228.4) (214.8)
Other flight equipment (6.7) (11.1)
Other property and equipment (19.7) (15.2)
Total property and equipment additions (254.8) (241.1)
Assets constructed for others (Terminal 6 at LAX) (50.0) (44.6)
Purchases of marketable securities (537.2) (427.7)
Sales and maturities of marketable securities 430.4 459.0
Proceeds from disposition of assets and changes in restricted deposits 0.9 12.5
Net cash used in investing activities (410.7) (241.9)
Cash flows from financing activities:    
Long-term debt payments (165.4) (125.4)
Proceeds from sale-leaseback transactions 49.3 0
Common stock repurchases (26.3) (33.3)
Proceeds and tax benefit from issuance of common stock 14.0 14.9
Other financing activities 16.6 (5.5)
Net cash used in financing activities (111.8) (149.3)
Net decrease in cash and cash equivalents (66.8) (22.5)
Cash and cash equivalents at beginning of year 102.2 89.5
Cash and cash equivalents at end of the period 35.4 67.0
Cash paid (refunded) during the period for:    
Interest (net of amount capitalized) 24.6 39.7
Income taxes (2.5) 0.1
Non-cash transactions:    
Assets constructed related to Terminal 6 at LAX $ 25.8 $ 0