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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 177 $ 194
Marketable securities 1,351 1,427
Total cash and marketable securities 1,528 1,621
Receivables—net 350 341
Inventories and supplies—net 62 57
Prepaid expenses and other current assets 174 133
Total Current Assets 2,114 2,152
Property and Equipment    
Aircraft and other flight equipment 7,567 7,559
Other property and equipment 1,287 1,222
Deposits for future flight equipment 560 494
Property and Equipment Total 9,414 9,275
Less accumulated depreciation and amortization 3,011 2,991
Total Property and Equipment—Net 6,403 6,284
Goodwill 1,943 1,943
Intangible assets 132 133
Other noncurrent assets 256 234
Other Assets 2,331 2,310
Total Assets 10,848 10,746
Current Liabilities    
Accounts payable 102 120
Accrued wages, vacation and payroll taxes 299 418
Air traffic liability 1,122 806
Other accrued liabilities 433 400
Deferred revenue, current 649 635
Current portion of long-term debt 387 307
Total Current Liabilities 2,992 2,686
Long-Term Debt, Net of Current Portion 2,062 2,262
Other Liabilities and Credits    
Deferred income taxes 372 370
Deferred revenue, noncurrent 1,102 1,090
Obligation for pension and postretirement medical benefits 458 453
Other liabilities 423 425
Other Liabilities and Credits Totals 2,355 2,338
Commitments and Contingencies
Shareholders' Equity    
Preferred stock, $0.01 par value, Authorized: 5,000,000 shares, none issued or outstanding 0 0
Common stock, $0.01 par value, Authorized: 400,000,000 shares, Issued: 2018 - 130,378,645 shares; 2017 - 129,903,498 shares, Outstanding: 2018 - 123,350,124 shares; 2017 - 123,060,638 shares 1 1
Capital in excess of par value 190 164
Treasury stock (common), at cost: 2018 - 7,028,521 shares; 2017 - 6,842,860 shares (531) (518)
Accumulated other comprehensive loss (440) (380)
Retained earnings 4,219 4,193
Total Shareholders' Equity 3,439 3,460
Total Liabilities and Shareholders' Equity $ 10,848 $ 10,746