Fuel (Tables)

6 Months Ended

Jun. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The table below contains a summary of all derivative positions reported in the Consolidated Financial Statements, presented gross of any master netting arrangements (in millions):



Fair Value of Derivative Instruments
Asset Derivatives
	June 30, 2012		December 31, 2011		Balance Sheet Location
Asset derivatives designated as hedging instruments under ASC 815-20
Fuel contracts	$	—	$	24	Other current assets
Total asset derivatives designated as hedging instruments under ASC 815-20	$	—	$	24

Total asset derivatives	$	—	$	24

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance



The Effects of Derivative Instruments Gains and Losses for the Six Months Ended June 30, 2012 and 2011
Derivatives in ASC 815-20 Cash Flow Hedging Relationships
	Amount of Gain or (Loss) Recognized in Other Comprehensive Income (OCI) on Derivatives (Effective Portion)
	2012		2011
Fuel Contracts	$	7	$	55
Total derivatives	$	7	$	55



		Amount of Gain or (Loss) Recognized from AOCL into Income (Effective Portion)
	Location of Gain or (Loss) Recognized	2012		2011
	from AOCL into Income	2012		2011
Fuel Contracts	Fuel expense	$	25	$	57
Total derivatives		$	25	$	57



		Amount of Gain or (Loss) Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing)^a
	Location of Gain or (Loss) Recognized	2012			2011
	in Income on Derivatives	2012			2011
Fuel Contracts	Fuel expense	$	(3	)	$	(9	)
Total derivatives		$	(3	)	$	(9	)


^a	No portion of the gain or (loss) was excluded from the assessment of hedge effectiveness for the periods then ended.



The Effects of Derivative Instruments Gains and Losses for the Three Months Ended June 30, 2012 and 2011
Derivatives in ASC 815-20 Cash Flow Hedging Relationships
	Amount of Gain or (Loss) Recognized in Other Comprehensive Income (OCI) on Derivatives (Effective Portion)
	2012			2011
Fuel Contracts	$	(2	)	$	(35	)
Total derivatives	$	(2	)	$	(35	)



		Amount of Gain or (Loss) Recognized from AOCL into Income (Effective Portion)
	Location of Gain or (Loss) Recognized	2012		2011
	from AOCL into Income	2012		2011
Fuel Contracts	Fuel expense	$	4	$	32
Total derivatives		$	4	$	32



		Amount of Gain or (Loss) Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing)^a
	Location of Gain or (Loss) Recognized	2012			2011
	in Income on Derivatives	2012			2011
Fuel Contracts	Fuel expense	$	(1	)	$	(3	)
Total derivatives		$	(1	)	$	(3	)


^a	No portion of the gain or (loss) was excluded from the assessment of hedge effectiveness for the periods then ended.

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References+ Details

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References+ Details