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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net Income $ 444 $ 383
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 180 155
Stock-based compensation and other 13 14
Changes in certain assets and liabilities:    
Changes in deferred tax provision 41 (44)
Increase (decrease) in air traffic liability 201 209
Increase (decrease) in deferred revenue 48 27
Other - net (28) 145
Net cash provided by operating activities 899 889
Property and equipment additions:    
Aircraft and aircraft purchase deposits (268) (490)
Other flight equipment (31) (43)
Other property and equipment (41) (26)
Total property and equipment additions, including capitalized interest (340) (559)
Purchases of marketable securities (610) (711)
Sales and maturities of marketable securities 357 676
Proceeds from disposition of assets and changes in restricted deposits 3 0
Net cash used in investing activities (590) (594)
Cash flows from financing activities:    
Long-term debt payments (57) (58)
Common stock repurchases (193) (262)
Dividends paid (68) (52)
Other financing activities 17 15
Net cash used in financing activities (301) (357)
Net increase (decrease) in cash and cash equivalents 8 (62)
Cash and cash equivalents at beginning of year 73 107
Cash and cash equivalents at end of the period 81 45
Cash paid during the period for:    
Interest (net of amount capitalized) 8 8
Income taxes paid (received) $ 182 $ 108