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Recently Issued Accounting Standards (Tables)
 3 Months Ended
Mar. 31, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]  
Impact of the Adoption of the New Lease Standard
The table below presents the impact of the adoption of the New Lease Standard on UAL's balance sheet accounts and captions as of December 31, 2018 (in millions):
 
As Reported
 
New Lease Standard Adjustments
 
As Adjusted
Receivables, less allowance for doubtful accounts
$
1,346

 
$
80

 
$
1,426

Prepaid expenses and other
913

 
(180
)
 
733

Flight equipment, owned and finance leases (a)
32,636

 
(37
)
 
32,599

Other property and equipment, owned and finance leases (a)
7,930

 
(1,041
)
 
6,889

Less-Accumulated depreciation and amortization, owned and finance leases (a)
(13,414
)
 
148

 
(13,266
)
Operating lease right-of-use assets
—

 
5,262

 
5,262

Current maturities of finance leases (a)
149

 
(26
)
 
123

Current maturities of operating leases
—

 
719

 
719

Other current liabilities
619

 
(66
)
 
553

Long-term obligations under finance leases (a)
1,134

 
(910
)
 
224

Long-term obligations under operating leases
—

 
5,276

 
5,276

Deferred income taxes
814

 
14

 
828

Other long-term liabilities
1,832

 
(822
)
 
1,010

Retained earnings
6,668

 
47

 
6,715

(a) Finance leases, under the New Lease Standard, are the equivalent of capital leases under Topic 840.

The table below presents the impact of the adoption of the New Lease Standard on select line items of UAL's statement of consolidated cash flows for the first quarter of 2018 (in millions):
 
As Reported
 
New Lease Standard Adjustments
 
As Adjusted
Cash Flows from Operating Activities:
 
 
 
 
 
Net cash provided by operating activities
$
1,733

 
$
(24
)
 
$
1,709

 
 
 


 
 
Cash Flows from Investing Activities:
 
 

 
 
Capital expenditures
(979
)
 
35

 
(944
)
 
 
 
 
 
 
Cash Flows from Financing Activities:
 
 
 
 
 
Proceeds from issuance of long-term debt
696

 
(23
)
 
673

Principal payments under finance leases
(30
)
 
12

 
(18
)
The table below presents the impact of the adoption of the New Lease Standard on select accounts and captions of UAL's statement of consolidated operations for the first quarter of 2018 (in millions, except per share amounts):
 
As Reported
 
New Lease Standard Adjustments
 
As Adjusted
Regional capacity purchase
$
619

 
$
11

 
$
630

Landing fees and other rent
558

 
21

 
579

Depreciation and amortization
541

 
(17
)
 
524

Interest expense
(176
)
 
14

 
(162
)
Interest capitalized
19

 
(1
)
 
18

Net income
147

 
(2
)
 
145

Earnings per share, basic and diluted
0.52

 
(0.01
)
 
0.51