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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 1,076 $ 1,370
Marketable securities 2,473 1,976
Total cash and marketable securities 3,549 3,346
Receivables - net 517 480
Inventories and supplies - net 57 57
Prepaid expenses, assets held-for-sale, and other current assets 161 123
Total Current Assets 4,284 4,006
Property and Equipment    
Aircraft and other flight equipment 7,933 7,761
Other property and equipment 1,407 1,398
Deposits for future flight equipment 420 583
Property and Equipment Total 9,760 9,742
Less accumulated depreciation and amortization 3,616 3,531
Total Property and Equipment - Net 6,144 6,211
Operating Lease, Right-of-Use Asset 1,423 1,400
Goodwill 1,943 1,943
Intangible assets - net 105 107
Other noncurrent assets 363 379
Other Assets 3,834 3,829
Total Assets 14,262 14,046
Current Liabilities    
Accounts payable 133 108
Accrued wages, vacation and payroll taxes 456 527
Other accrued liabilities 541 424
Operating Lease, Liability, Current 271 290
Current portion of long-term debt 1,246 1,138
Total Current Liabilities 4,762 4,293
Long-Term Debt, Net of Current Portion 2,325 2,357
Noncurrent Liabilities    
Operating Lease, Liability, Noncurrent 1,283 1,268
Deferred Income Tax Liabilities, Net 365 407
Deferred revenue, noncurrent 1,507 1,544
Obligation for pension and postretirement medical benefits 663 665
Other liabilities 482 524
Other Liabilities and Credits Totals 4,300 4,408
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: 2021 - 133,792,045 shares; 2020 - 133,567,534 shares, Outstanding: 2021 - 124,442,101 shares; 2020 - 124,217,590 shares 1 1
Capital in excess of par value 409 391
Treasury stock (common), at cost: 2020 - 9,349,944 shares; 2020 - 9,349,944 shares (674) (674)
Accumulated other comprehensive loss (494) (494)
Retained earnings 3,633 3,764
Total Shareholders' Equity $ 2,875 2,988
Preferred Stock, par value (usd per share) $ 0.01  
Total Liabilities and Shareholders' Equity $ 14,262 14,046
Mileage Plan Revenue [Member]    
Current Liabilities    
Contract with Customer, Liability, Current 818 733
Contract with Customer, Liability, Current 818 733
Passenger Revenue [Member]    
Current Liabilities    
Contract with Customer, Liability, Current 1,297 1,073
Contract with Customer, Liability, Current $ 1,297 $ 1,073