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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net Income $ 657 $ 457
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 236 218
Stock-based compensation and other 22 27
Changes in certain assets and liabilities:    
Changes in deferred income taxes (17) 27
Increase in air traffic liability 129 139
Increase (decrease) in deferred revenue 42 21
Other - net 160 3
Net cash provided by operating activities 1,229 892
Property and equipment additions:    
Aircraft and aircraft purchase deposits (563) (414)
Other flight equipment (61) (92)
Other property and equipment (44) (53)
Total property and equipment additions (668) (559)
Purchases of marketable securities (876) (794)
Sales and maturities of marketable securities 818 739
Proceeds from disposition of assets and changes in restricted deposits (1) (4)
Net cash used in investing activities (727) (618)
Cash flows from financing activities:    
Proceeds from issuance of debt 0 51
Long-term debt payments (93) (97)
Common stock repurchases (381) (242)
Dividends paid (78) (51)
Other financing activities 31 19
Net cash used in financing activities (521) (320)
Net increase (decrease) in cash and cash equivalents (19) (46)
Cash and cash equivalents at beginning of year 107 80
Cash and cash equivalents at end of the period 88 34
Cash paid during the period for:    
Interest (net of amount capitalized) 9 26
Income taxes paid (received) $ 262 $ 185