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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Current Assets        
Cash and cash equivalents $ 221 $ 105 $ 194  
Marketable securities 1,300 1,131    
Total cash and marketable securities 1,521 1,236    
Receivables - net 323 366    
Inventories and supplies - net 72 60    
Prepaid expenses and other current assets 121 125    
Total Current Assets 2,037 1,787    
Property and Equipment        
Aircraft and other flight equipment 8,549 8,221    
Other property and equipment 1,306 1,363    
Deposits for future flight equipment 533 439    
Property and Equipment 10,388 10,023    
Less accumulated depreciation and amortization 3,486 3,242    
Total Property and Equipment - Net 6,902 6,781    
Other Assets        
Operating Lease, Right-of-Use Asset 1,711 0    
Goodwill 1,943 1,943    
Intangible assets - net 122 127    
Other noncurrent assets 278 274    
Total Other Assets 4,054 2,344    
Total Assets 12,993 10,912    
Current Liabilities        
Accounts payable 146 132    
Accrued wages, vacation and payroll taxes 470 415    
Air traffic liability 900 788    
Other accrued liabilities 431 416    
Deferred revenue 750 705    
Operating Lease, Liability, Current 269 0    
Current portion of long-term debt 235 486    
Total Current Liabilities 3,201 2,942    
Long-Term Debt, Net of Current Portion 1,264 1,617    
Other Liabilities and Credits        
Operating Lease, Liability, Noncurrent 1,439 0    
Deferred income taxes 715 512    
Deferred revenue 1,240 1,169    
Obligation for pension and postretirement medical benefits 571 503    
Other liabilities 232 418    
Total Other Liabilities and Credits 4,197 2,602    
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: 2019 - 131,812,173 shares; 2018 - 130,813,476 shares, Outstanding: 2019 - 123,000,307 shares; 2018 - 123,194,430 shares 1 1    
Capital in excess of par value 305 232    
Treasury stock (common), at cost: 2019 - 8,811,866 shares; 2018 - 7,619,046 shares (643) (568)    
Accumulated other comprehensive loss (465) (448)    
Retained earnings 5,133 4,534    
Shareholders' Equity Total 4,331 3,751 $ 3,460 $ 2,744
Total Liabilities and Shareholders' Equity $ 12,993 $ 10,912