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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net Income $ 414 $ 645
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 290 275
Stock-based compensation and other 34 43
Changes in certain assets and liabilities:    
Changes in deferred tax provision 122 208
Increase in air traffic liability 144 223
Increase in deferred revenue 106 130
Other—net (124) (167)
Net cash provided by operating activities 986 1,357
Property and equipment additions:    
Aircraft and aircraft purchase deposits (349) (679)
Other flight equipment (76) (70)
Other property and equipment (129) (92)
Total property and equipment additions, including capitalized interest (554) (841)
Purchases of marketable securities (672) (1,408)
Sales and maturities of marketable securities 857 1,069
Other investing activities 36 38
Net cash used in investing activities (333) (1,142)
Cash flows from financing activities:    
Long-term debt payments (544) (265)
Common stock repurchases (37) (50)
Dividends paid (118) (111)
Other financing activities 33 27
Net cash used in financing activities (666) (399)
Net increase (decrease) in cash, cash equivalents, and restricted cash (13) (184)
Cash, cash equivalents, and restricted cash at beginning of year 197 328
Cash, cash equivalents, and restricted cash at end of the period 184 144
Cash paid during the period for:    
Interest (net of amount capitalized) 60 68
Income taxes $ 0 $ 129