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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Revenues      
Passenger, Mainline $ 5,858 $ 4,098 $ 3,939
Passenger, Regional 960 908 854
Total passenger revenue 6,818 5,006 4,793
Freight and mail 114 108 108
Other—net 1,001 817 697
Total Operating Revenues 7,933 5,931 5,598
Operating Expenses      
Wages and benefits 1,924 1,382 1,254
Variable incentive pay 135 127 120
Aircraft fuel, including hedging gains and losses 1,447 831 954
Aircraft maintenance 391 270 253
Aircraft rent 274 114 105
Landing fees and other rentals 460 320 296
Contracted services 314 247 214
Selling expense 357 225 211
Depreciation and amortization 372 363 320
Food and beverage service 195 126 113
Third-party regional carrier expense 121 95 72
Other operating expenses 565 365 356
Special items—merger-related costs and other 118 117  
Special items—other     32
Total Operating Expenses 6,673 4,582 4,300
Operating Income 1,260 1,349 1,298
Nonoperating Income (Expense)      
Interest income 34 27 21
Interest expense (103) (55) (42)
Interest capitalized 17 25 34
Other—net (1) (1) 1
Nonoperating Income (Expense) Total (53) (4) 14
Income before income tax 1,207 1,345 1,312
Income Tax Expense, Before Tax Cuts and Jobs Act of 2017 453 514 490
Special tax expense (benefit) (280) 17 (26)
Income tax expense 173 531 464
Net Income $ 1,034 $ 814 $ 848
Basic earnings per share $ 8.39 $ 6.59 $ 6.61
Diluted earnings per share $ 8.35 $ 6.54 $ 6.56
Shares used for computation:      
Basic 123,211 123,557 128,373
Diluted 123,854 124,389 129,372
Cash dividend declared per share $ 1.20 $ 1.10 $ 0.80
Virgin America Inc. [Member]      
Operating Expenses      
Contracted services $ 52 $ 32  
Special items—merger-related costs and other $ 118 $ 117