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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Revenues      
Passenger, Mainline $ 4,098 $ 3,939 $ 3,774
Passenger, Regional 908 854 805
Total passenger revenue 5,006 4,793 4,579
Freight and mail 108 108 114
Other—net 817 697 675
Total Operating Revenues 5,931 5,598 5,368
Operating Expenses      
Wages and benefits 1,382 1,254 1,136
Variable incentive pay 127 120 116
Aircraft fuel, including hedging gains and losses 831 954 1,418
Aircraft maintenance 270 253 229
Aircraft rent 114 105 110
Landing fees and other rentals 320 296 279
Contracted services 247 214 196
Selling expenses 225 211 199
Depreciation and amortization 363 320 294
Food and beverage service 126 113 93
Third-party regional carrier expense 95 72 58
Third-party regional carrier expense 365 356 308
Special items—merger-related costs and other 117 32 (30)
Total Operating Expenses 4,582 4,300 4,406
Operating Income 1,349 1,298 962
Nonoperating Income (Expense)      
Interest income 27 21 21
Interest expense (55) (42) (48)
Interest capitalized 25 34 20
Other—net (1) 1 20
Nonoperating Income (Expense) Total (4) 14 13
Income before income tax 1,345 1,312 975
Income tax expense 531 464 370
Net Income $ 814 $ 848 $ 605
Basic Earnings Per Share: $ 6.59 $ 6.61 $ 4.47
Diluted Earnings Per Share: $ 6.54 $ 6.56 $ 4.42
Shares used for computation:      
Basic 123,557 128,373 135,445
Diluted 124,389 129,372 136,801
Cash dividend declared per share $ 1.10 $ 0.80 $ 0.50