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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 1,015 $ 281
Restricted Cash 27 0
Marketable securities 1,490 1,510
Total cash and marketable securities 2,532 1,791
Receivables - net 510 383
Inventories and supplies - net 202 116
Prepaid expenses 270 176
Other Assets, Current 223 239
Total Current Assets 3,737 2,705
Property and Equipment    
Aircraft and other flight equipment 12,349 10,425
Other property and equipment 2,109 1,814
Deposits for future flight equipment 612 491
Property and Equipment Total 15,070 12,730
Less accumulated depreciation and amortization (4,548) (4,342)
Total Property and Equipment - Net 10,522 8,388
Operating Lease, Right-of-Use Asset 1,346 1,195
Goodwill 2,703 1,943
Intangible assets - net 888 90
Other noncurrent assets 363 292
Other Assets 5,300 3,520
Total Assets 19,559 14,613
Liabilities, Noncurrent 8,832 3,859
Current Liabilities    
Accounts payable 242 207
Accrued wages, vacation and payroll taxes 822 584
Other accrued liabilities 958 800
Operating Lease, Liability, Current 211 158
Current portion of long-term debt 523 353
Total Current Liabilities 6,248 4,459
Long-Term Debt, Net of Current Portion 4,159 2,182
Noncurrent Liabilities    
Operating Lease, Liability, Noncurrent 1,249 1,125
Deferred Income Tax Liabilities, Net 889 695
Deferred revenue, noncurrent 1,578 1,382
Obligation for pension and postretirement medical benefits 505 362
Other liabilities 452 295
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 $ 769 $ 695
Treasury Stock, Common, Shares 14,462,445 12,870,477
Treasury stock (common), at cost: 2020 - 9,349,944 shares; 2020 - 9,349,944 shares $ (882) $ (819)
Accumulated other comprehensive loss (268) (299)
Retained earnings 4,859 4,535
Total Shareholders' Equity 4,479 4,113
Total Liabilities and Shareholders' Equity 19,559 14,613
Mileage Plan Revenue [Member]    
Current Liabilities    
Contract with Customer, Liability, Current 1,614 1,221
Contract with Customer, Liability, Current 1,614 1,221
Passenger Revenue [Member]    
Current Liabilities    
Contract with Customer, Liability, Current 1,878 1,136
Contract with Customer, Liability, Current $ 1,878 $ 1,136