XML 84 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statement of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING REVENUES:      
Total operating revenues $ 27,483 $ 26,091 $ 23,814
OPERATING EXPENSES:      
Salaries, wages, and benefits 12,240 11,152 9,376
Fuel and oil 5,812 6,217 5,975
Maintenance materials and repairs 1,353 1,188 852
Landing fees and airport rentals 1,962 1,789 1,508
Depreciation and amortization 1,657 1,522 1,351
Other operating expenses 4,138 3,999 3,735
Total operating expenses 27,162 25,867 22,797
OPERATING INCOME 321 224 1,017
NON-OPERATING EXPENSES (INCOME):      
Interest expense 249 259 340
Capitalized interest (35) (23) (39)
Interest income (497) (583) (217)
Loss on extinguishment of debt 2 0 193
Other (gains) losses, net 4 (62) 12
Total non-operating expenses (income) (277) (409) 289
INCOME BEFORE INCOME TAXES 598 633 728
PROVISION FOR INCOME TAXES 133 168 189
NET INCOME $ 465 $ 465 $ 539
NET INCOME PER SHARE, BASIC (in USD per share) $ 0.78 $ 0.78 $ 0.91
NET INCOME PER SHARE, DILUTED (in USD per share) $ 0.76 $ 0.76 $ 0.87
Passenger      
OPERATING REVENUES:      
Total operating revenues $ 24,980 $ 23,637 $ 21,408
Freight      
OPERATING REVENUES:      
Total operating revenues 175 175 177
Other      
OPERATING REVENUES:      
Total operating revenues $ 2,328 $ 2,279 $ 2,229