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Supplemental Financial Information (Tables)
9 Months Ended
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Accounts and Other Receivables
(in millions)September 30, 2024December 31, 2023
Trade receivables$50 $104 
Credit card receivables168 200 
Business partners and other suppliers632 501 
Taxes receivable10 35 
Fuel hedging and receivables12 
Reinsurance receivable203 145 
Other113 157 
Accounts and other receivables$1,177 $1,154 
Schedule of Other Assets
(in millions)September 30, 2024December 31, 2023
Derivative contracts$92 $102 
Intangible assets, net300 296 
Equity securities354 280 
Prepaid maintenance271 258 
Other56 28 
Other assets$1,073 $964 
Schedule of Accounts Payable
(in millions)September 30, 2024December 31, 2023
Accounts payable trade$389 $265 
Salaries, withholdings and payroll taxes437 400 
Ticket taxes and fees278 302 
Aircraft maintenance payable31 140 
Fuel payable55 161 
Dividends payable— 107 
Third party services123 269 
Other payable205 218 
Accounts payable$1,518 $1,862 
Schedule of Accrued Liabilities
(in millions)September 30, 2024December 31, 2023
Voluntary Separation Program$65 $65 
Profitsharing and savings plans72 141 
Vacation pay619 516 
Health171 163 
Workers compensation162 133 
Property and income taxes73 63 
Interest72 34 
Bonus and incentive pay (a)180 2,022 
Reinsurance payable265 190 
Aircraft maintenance
122 26 
Other295 253 
Accrued liabilities$2,096 $3,606 
Schedule of Other Noncurrent Liabilities
(in millions)September 30, 2024December 31, 2023
Voluntary Separation Program$$61 
Postretirement obligation280 269 
Other deferred compensation412 358 
Other234 293 
Other noncurrent liabilities$933 $981 
(a) Balance as of December 31, 2023 primarily consists of contract labor ratification bonuses and/or accruals. Also includes non-contract incentive pay. Approximately $1.9 billion was paid in the nine months ended September 30, 2024 to Pilots, Flight Attendants, and Ramp, Operations, Provisioning, and Cargo Agents as bonuses upon the ratification of the labor contract agreements with the Southwest Airlines Pilots Association ("SWAPA"), Transport Workers of America Union Local 556 ("TWU 556"), and the Transport Workers Union Local 555 ("TWU 555"), respectively.