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Condensed Consolidated Statement of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
OPERATING REVENUES:        
Total operating revenues $ 6,870 $ 6,525 $ 20,553 $ 19,268
OPERATING EXPENSES:        
Salaries, wages, and benefits 3,070 2,728 9,010 7,991
Fuel and oil 1,417 1,564 4,548 4,514
Maintenance materials and repairs 335 326 1,046 836
Landing fees and airport rentals 493 457 1,468 1,324
Depreciation and amortization 438 375 1,250 1,107
Other operating expenses 1,079 958 3,188 2,868
Total operating expenses 6,832 6,408 20,510 18,640
OPERATING INCOME 38 117 43 628
OTHER EXPENSES (INCOME):        
Interest expense 63 63 191 193
Capitalized interest (9) (4) (24) (15)
Interest income (121) (156) (392) (425)
Other (gains) losses, net 16 (23) (1) (44)
Total other income (51) (120) (226) (291)
INCOME BEFORE INCOME TAXES 89 237 269 919
PROVISION FOR INCOME TAXES 22 44 65 202
NET INCOME $ 67 $ 193 $ 204 $ 717
Net income per share, basic (in USD per share) $ 0.11 $ 0.32 $ 0.34 $ 1.20
Net income per share, diluted (in USD per share) $ 0.11 $ 0.31 $ 0.34 $ 1.15
COMPREHENSIVE INCOME $ 19 $ 336 $ 167 $ 574
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 599 596 598 595
Diluted (in shares) 601 640 643 639
Passenger        
OPERATING REVENUES:        
Total operating revenues $ 6,250 $ 5,912 $ 18,673 $ 17,426
Freight        
OPERATING REVENUES:        
Total operating revenues 43 44 131 131
Other        
OPERATING REVENUES:        
Total operating revenues $ 577 $ 569 $ 1,749 $ 1,711