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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Operating Revenue:        
Mainline $ 7,471 $ 7,587 $ 13,915 $ 14,136
Regional carriers 1,499 1,552 2,817 2,926
Total passenger revenue 8,970 9,139 16,732 17,062
Cargo 165 207 327 424
Other 1,312 1,361 2,639 2,609
Total operating revenue 10,447 10,707 19,698 20,095
Operating Expense:        
Salaries and related costs 2,391 2,195 4,702 4,287
Aircraft fuel and related taxes 1,228 1,457 2,455 3,292
Regional carriers expense 1,096 1,097 2,102 2,150
Contracted services 484 457 960 898
Depreciation and amortization 470 448 956 918
Aircraft maintenance materials and outside repairs 446 499 895 951
Passenger commissions and other selling expenses 437 421 825 807
Landing fees and other rents 376 388 724 761
Profit sharing 324 411 596 547
Passenger service 221 227 410 417
Aircraft rent 66 60 132 120
Other 485 573 978 1,075
Total operating expense 8,024 8,233 15,735 16,223
Operating Income 2,423 2,474 3,963 3,872
Non-Operating Expense:        
Interest expense, net (93) (127) (200) (258)
Miscellaneous, net 20 19 21 (62)
Total non-operating expense, net (73) (108) (179) (320)
Income Before Income Taxes 2,350 2,366 3,784 3,552
Income Tax Provision (804) (881) (1,292) (1,321)
Net Income $ 1,546 $ 1,485 $ 2,492 $ 2,231
Basic earnings per share (in USD per share) $ 2.04 $ 1.85 $ 3.25 $ 2.75
Diluted earnings per share (in USD per share) 2.03 1.83 3.23 2.72
Cash dividends declared per share (in USD per share) $ 0.135 $ 0.09 $ 0.27 $ 0.18
Comprehensive Income $ 1,546 $ 1,491 $ 2,488 $ 2,254