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Oil Refinery (Tables)
 9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Segment Reporting

Segment results are prepared based on our internal accounting methods described below, with reconciliations to consolidated amounts in accordance with GAAP. Our segments are not designed to measure operating income or loss directly related to the products and services included in each segment on a stand-alone basis.
(in millions)
Airline
Refinery
 
Intersegment Sales/Other
 
Consolidated
Three Months Ended September 30, 2014
 
 
 
 
 
 
Operating revenue:
$
11,114

$
1,836

 
 
 
$
11,178

Sales to airline segment
 
 
 
$
(345
)
(1) 
 
Exchanged products
 
 
 
(1,393
)
(2) 
 
Sales of refined products to third parties
 
 
 
(34
)
(3) 
 
Operating income(4)
816

19

 
—

 
835

Interest expense, net
140

—

 
—

 
140

Depreciation and amortization
433

7

 
—

 
440

Total assets, end of period
50,648

1,292

 
—

 
51,940

Capital expenditures
449

8

 
—

 
457

Three Months Ended September 30, 2013
 
 
 
 
 
 
Operating revenue:
$
10,490

$
1,892

 
 
 
$
10,490

Sales to airline segment
 
 
 
$
(320
)
(1) 
 
Exchanged products
 
 
 
(1,504
)
(2) 
 
Sales of refined products to third parties
 
 
 
(68
)
(3) 
 
Operating income(4)
1,560

3

 
—

 
1,563

Interest expense, net
176

—

 
—

 
176

Depreciation and amortization
413

5

 
—

 
418

Total assets, end of period
44,823

1,174

 
—

 
45,997

Capital expenditures
618

13

 
—

 
631

(1) 
Represents transfers, valued on a market price basis, from the refinery to the airline segment for use in airline operations. We determine market price by reference to the market index for the primary delivery location, which is New York Harbor, for jet fuel from the refinery.
(2) 
Represents value of products delivered under our strategic agreements, as discussed above, determined on a market price basis.
(3) 
Represents sales of refined products to third parties. These sales were at or near cost; accordingly, the margin on these sales is de minimis.
(4) 
Includes the impact of pricing arrangements between the airline segment and refinery segment with respect to the refinery's inventory price risk.
(in millions)
Airline
Refinery
 
Intersegment Sales/Other
 
Consolidated
Nine Months Ended September 30, 2014
 
 
 
 
 
 
Operating revenue:
$
30,651

$
5,317

 
 
 
$
30,715

Sales to airline segment
 
 
 
$
(981
)
(1) 
 
Exchanged products
 
 
 
(3,920
)
(2) 
 
Sales of refined products to third parties
 
 
 
(352
)
(3) 
 
Operating income (loss)(4)
3,043

(9
)
 
—

 
3,034

Interest expense, net
460

—

 
—

 
460

Depreciation and amortization
1,315

18

 
—

 
1,333

Capital expenditures
1,552

37

 
—

 
1,589

Nine Months Ended September 30, 2013
 
 
 
 
 
 
Operating revenue:
$
28,697

$
5,487

 
 
 
$
28,697

Sales to airline segment
 
 
 
$
(927
)
(1) 
 
Exchanged products
 
 
 
(4,172
)
(2) 
 
Sales of refined products to third parties
 
 
 
(388
)
(3) 
 
Operating income (loss)(4)
2,769

(70
)
 
—

 
2,699

Interest expense, net
526

—

 
—

 
526

Depreciation and amortization
1,225

13

 
—

 
1,238

Capital expenditures
1,591

25

 
—

 
1,616



(1) 
Represents transfers, valued on a market price basis, from the refinery to the airline segment for use in airline operations. We determine market price by reference to the market index for the primary delivery location, which is New York Harbor, for jet fuel from the refinery.
(2) 
Represents value of products delivered under our strategic agreements, as discussed above, determined on a market price basis.
(3) 
Represents sales of refined products to third parties. These sales were at or near cost; accordingly, the margin on these sales is de minimis.
(4) 
Includes the impact of pricing arrangements between the airline segment and refinery segment with respect to the refinery's inventory price risk.