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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Passenger:        
Mainline $ 7,924 $ 7,615 $ 22,027 $ 21,530
Regional carriers 1,475 1,456 4,291 4,273
Total passenger revenue 9,399 9,071 26,318 25,803
Cargo 187 167 530 494
Other 1,474 1,245 4,151 3,884
Total operating revenue 11,060 10,483 30,999 30,181
Operating Expense:        
Salaries and related costs 2,715 2,463 7,804 7,165
Aircraft fuel and related taxes 1,519 1,422 4,207 3,877
Regional carriers expense 1,156 1,119 3,347 3,221
Depreciation and amortization 574 474 1,649 1,430
Contracted services 561 520 1,627 1,480
Aircraft maintenance materials and outside repairs 503 462 1,496 1,357
Passenger commissions and other selling expenses 482 466 1,344 1,291
Landing fees and other rents 400 399 1,144 1,123
Passenger service 315 264 806 674
Profit sharing 314 326 803 922
Aircraft rent 89 72 259 204
Other 593 527 1,593 1,505
Total operating expense 9,221 8,514 26,079 24,249
Operating Income 1,839 1,969 4,920 5,932
Non-Operating Expense:        
Interest expense, net (100) (95) (297) (295)
Miscellaneous, net 66 26 (12) 47
Total non-operating expense, net (34) (69) (309) (248)
Income Before Income Taxes 1,805 1,900 4,611 5,684
Income Tax Provision (627) (641) (1,606) (1,933)
Net Income $ 1,178 $ 1,259 $ 3,005 $ 3,751
Basic Earnings Per Share (in USD per share) $ 1.64 $ 1.70 $ 4.15 $ 4.95
Diluted Earnings Per Share (in USD per share) 1.64 1.69 4.13 4.92
Cash Dividends Declared Per Share (in USD per share) $ 0.31 $ 0.20 $ 0.71 $ 0.47
Comprehensive Income $ 1,251 $ 1,326 $ 3,165 $ 3,814