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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Revenue:      
Operating revenue $ 47,007 $ 44,438 $ 41,138
Operating Expense:      
Salaries and related costs 11,225 10,743 10,058
Aircraft fuel and related taxes 8,519 9,020 6,756
Regional carriers expense, excluding fuel 3,584 3,438 3,466
Contracted services 2,641 2,175 2,108
Depreciation and amortization 2,581 2,329 2,222
Passenger commissions and other selling expenses 1,993 1,941 1,827
Landing fees and other rents 1,762 1,662 1,501
Aircraft maintenance materials and outside repairs 1,751 1,575 1,591
Profit sharing 1,643 1,301 1,065
Passenger service 1,251 1,178 1,123
Ancillary businesses and refinery 1,245 1,695 1,495
Aircraft rent 423 394 351
Other 1,771 1,723 1,609
Total operating expense 40,389 39,174 35,172
Operating Income 6,618 5,264 5,966
Non-Operating Expense:      
Interest expense, net (301) (311) (396)
Gain/(loss) on Investments, net 119 38 0
Miscellaneous, net (238) 160 (70)
Total non-operating expense, net (420) (113) (466)
Income Before Income Taxes 6,198 5,151 5,500
Income Tax Provision (1,431) (1,216) (2,295)
Net Income $ 4,767 $ 3,935 $ 3,205
Basic Earnings Per Share (usd per share) $ 7.32 $ 5.69 $ 4.45
Diluted Earnings Per Share (usd per share) 7.30 5.67 4.43
Cash Dividends Declared Per Share (usd per share) $ 1.51 $ 1.31 $ 1.02
Passenger      
Operating Revenue:      
Operating revenue $ 42,277 $ 39,755 $ 36,947
Cargo      
Operating Revenue:      
Operating revenue 753 865 744
Other      
Operating Revenue:      
Operating revenue $ 3,977 $ 3,818 $ 3,447