Debt (Tables)

3 Months Ended

Mar. 31, 2017

Details of Pass Through Trusts

Certain details of the pass-through trusts with proceeds received from issuance of debt in 2017 are as follows (in millions, except stated interest rate):

EETC Date	Class	Principal		Final expected distribution date	Stated interest rate		Total  debt recorded as of March 31, 2017		Proceeds received from issuance of  debt during 2017		Remaining proceeds from issuance of debt to be received  in future periods
September 2016	AA		$          637	October 2028		2.875%		$                          253		$            173		$                  384
September 2016	A		283	October 2028		3.10%		112		76		171
June 2016	AA		729	July 2028		3.10%		729		319		—
June 2016	A		324	July 2028		3.45%		324		142		—
			$       1,973					$                      1,418		$            710		$                  555

Contractual Principal Payments

The table below presents the Company’s contractual principal payments at March 31, 2017 under then-outstanding long-term debt agreements in each of the next five calendar years (in millions):

Last nine months of 2017	$	537
2018		1,466
2019		1,054
2020		1,058
2021		1,043
After 2021		6,873
	$	12,031