Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The computations of UAL's basic and diluted earnings per share are set forth below (in millions, except per share amounts):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Earnings available to common stockholders	$	1,024	$	833	$	2,368	$	1,661
Basic weighted-average shares outstanding	255.3		272.4		261.0		277.0
Effect of employee stock awards	1.1		1.2		1.0		1.0
Diluted weighted-average shares outstanding	256.4		273.6		262.0		278.0
Earnings per share, basic	$	4.01	$	3.06	$	9.07	$	6.00
Earnings per share, diluted	$	3.99	$	3.05	$	9.04	$	5.98