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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net Income $ 184 $ 149
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 88 76
Stock-based compensation and other 9 9
Changes in certain assets and liabilities:    
Changes in deferred tax provision (8) (6)
Increase (decrease) in air traffic liability 199 183
Increase (decrease) in deferred revenue 36 8
Other - net 17 95
Net cash provided by operating activities 525 514
Property and equipment additions:    
Aircraft and aircraft purchase deposits (91) (245)
Other flight equipment (15) (21)
Other property and equipment (13) (13)
Total property and equipment additions, including capitalized interest (119) (279)
Purchases of marketable securities (358) (403)
Sales and maturities of marketable securities 140 259
Proceeds from disposition of assets and changes in restricted deposits 1 2
Net cash used in investing activities (336) (421)
Cash flows from financing activities:    
Long-term debt payments (36) (35)
Common stock repurchases (127) (102)
Dividends paid (34) (26)
Other financing activities 13 14
Net cash used in financing activities (184) (149)
Net increase (decrease) in cash and cash equivalents 5 (56)
Cash and cash equivalents at beginning of year 73 107
Cash and cash equivalents at end of the period 78 51
Cash paid during the period for:    
Interest (net of amount capitalized) 8 7
Income taxes paid (received) $ 13 $ (65)