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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Revenues      
Passenger, Mainline $ 3,939 $ 3,774 $ 3,490
Passenger, Regional 854 805 777
Total passenger revenue 4,793 4,579 4,267
Freight and mail 108 114 113
Other - net 697 675 584
Special Revenue 0 0 192
Total Operating Revenues 5,598 5,368 5,156
Operating Expenses      
Wages and benefits 1,254 1,136 1,086
Variable incentive pay 120 116 105
Aircraft fuel, including hedging gains and losses 954 1,418 1,467
Aircraft maintenance 253 229 247
Aircraft rent 105 110 119
Landing fees and other rentals 296 279 262
Contracted services 214 196 176
Selling expenses 211 199 179
Depreciation and amortization 320 294 270
Food and beverage service 113 93 84
Third-party regional carrier expense 72 58 45
Other 356 308 278
Special Item 32 (30) 0
Total Operating Expenses 4,300 4,406 4,318
Operating Income 1,298 962 838
Nonoperating income (expense)      
Interest income 21 21 18
Interest expense (42) (48) (56)
Interest Costs Capitalized Adjustment 34 20 21
Other - net 1 20 (5)
Nonoperating Income (Expense) Total 14 13 (22)
Income (loss) before income tax 1,312 975 816
Income tax expense 464 370 308
Net Income $ 848 $ 605 $ 508
Basic Earnings Per Share: $ 6.61 $ 4.47 $ 3.63
Diluted Earnings Per Share: $ 6.56 $ 4.42 $ 3.58
Shares used for computation:      
Basic 128,373 135,445 139,910
Diluted 129,372 136,801 141,878
Common Stock, Dividends, Per Share, Declared $ 0.80 $ 0.50 $ 0.20