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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax $ 1,953 $ 701 $ 4,277 $ 2,758
Operating Expenses        
Wages and benefits 578 495 1,581 1,579
Variable incentive pay 42 42 109 65
PSPGrantRecognized 0 (398) (914) (760)
Aircraft fuel, including hedging gains and losses 376 125 853 568
Aircraft maintenance 89 84 272 244
Aircraft rent 64 74 188 229
Landing fees and other rentals 141 109 414 323
Contracted services 62 36 167 138
Selling expenses 49 24 123 83
Depreciation and amortization 99 105 294 320
Food and beverage service 39 14 97 70
Third-party regional carrier expense 39 29 106 92
Other 126 89 348 310
Special items - Impairment charges and other (9) 121 5 350
Restructuring Charges 0 322 (12) 322
Special items - merger-related costs 0 1 0 5
Costs and Expenses, Total 1,695 1,272 3,631 3,938
Operating Income (Loss) 258 (571) 646 (1,180)
Nonoperating Income (Expense)        
Interest income 6 7 19 23
Interest expense (30) (34) (101) (64)
Interest capitalized 3 4 9 8
Other—net 8 5 27 16
Nonoperating Income (Expense) Total (13) (18) (46) (17)
Income (Loss) Before Income Tax 245 (589) 600 (1,197)
Income tax (benefit) expense 51 (158) 140 (320)
Net Income (Loss) $ 194 $ (431) $ 460 $ (877)
Basic Earnings Per Share (usd per share) $ 1.55 $ (3.49) $ 3.69 $ (7.12)
Diluted Earnings Per Share (usd per share) $ 1.53 $ (3.49) $ 3.64 $ (7.12)
Shares used for computation:        
Basic shares (shares) 125,250,000 123,647,000 124,846,000 123,255,000
Diluted shares (shares) 127,188,000 123,647,000 126,325,000 123,255,000
Passenger [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax $ 1,774 $ 572 $ 3,785 $ 2,362
Mileage plan other revenue [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 120 84 332 266
Cargo and Freight [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 59 45 160 130
Passenger Revenue [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 1,774 572 3,785 2,362
Passenger Revenue [Member] | Passenger [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 1,774 572 3,785 2,362
Mileage Plan Revenue [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 310 148 760 538
Mileage Plan Revenue [Member] | Mileage plan other revenue [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 120 84 332 266
Cargo and Other Revenue [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 59 45 160 130
Cargo and Other Revenue [Member] | Cargo and Freight [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax $ 59 $ 45 $ 160 $ 130