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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Revenues    
Passenger, Mainline $ 1,272 $ 927
Passenger, Regional 212 206
Total passenger revenue 1,484 1,133
Freight and mail 24 24
Other—net 241 190
Total Operating Revenues 1,749 1,347
Operating Expenses    
Wages and benefits 448 336
Variable incentive pay 31 32
Aircraft fuel, including hedging gains and losses 339 167
Aircraft maintenance 87 68
Aircraft rent 65 29
Landing fees and other rentals 115 80
Contracted services 81 60
Selling expenses 81 49
Depreciation and amortization 90 88
Food and beverage service 45 31
Third-party regional carrier expense 27 23
Special items—merger-related costs 40 0
Other 134 94
Total Operating Expenses 1,583 1,057
Operating Income 166 290
Nonoperating Income (Expense)    
Interest income 7 6
Interest expense (25) (13)
Interest capitalized 4 8
Other—net 0 1
Nonoperating Income (Expense) Total (14) 2
Income before income tax 152 292
Income tax expense 53 108
Net Income $ 99 $ 184
Basic Earnings Per Share (usd per share) $ 0.80 $ 1.47
Diluted Earnings Per Share (usd per share) $ 0.79 $ 1.46
Shares used for computation:    
Basic shares (shares) 123,495 124,550
Diluted shares (shares) 124,299 125,328
Cash dividend declared per share (usd per share) $ 0.30 $ 0.275