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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net Income $ 700 $ 657
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 281 236
Stock-based compensation and other 19 22
Changes in certain assets and liabilities:    
Changes in deferred tax provision 47 (17)
Increase (decrease) in air traffic liability 116 129
Increase (decrease) in deferred revenue 60 42
Other - net (17) 160
Net cash provided by operating activities 1,206 1,229
Property and equipment additions:    
Aircraft and aircraft purchase deposits (408) (563)
Other flight equipment (35) (61)
Other property and equipment (66) (44)
Total property and equipment additions, including capitalized interest (509) (668)
Purchases of marketable securities (775) (876)
Sales and maturities of marketable securities 638 818
Proceeds from disposition of assets and changes in restricted deposits 5 (1)
Net cash used in investing activities (641) (727)
Cash flows from financing activities:    
Proceeds from issuance of debt 1,546 0
Long-term debt payments (93) (93)
Common stock repurchases (193) (381)
Dividends paid (102) (78)
Other financing activities 22 31
Net cash used in financing activities 1,180 (521)
Net increase (decrease) in cash and cash equivalents 1,745 (19)
Cash and cash equivalents at beginning of year 73 107
Cash and cash equivalents at end of the period 1,818 88
Cash paid during the period for:    
Interest (net of amount capitalized) 12 9
Income taxes paid (received) $ 321 $ 262