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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Revenue:      
Total operating revenue $ 29,899 $ 17,095 $ 47,007
Operating Expense:      
Salaries and related costs 9,728 9,001 11,601
Aircraft fuel and related taxes 5,633 3,176 8,519
Ancillary businesses and refinery 3,957 1,785 1,245
Contracted services 2,420 1,953 2,942
Landing fees and other rents 2,019 1,833 2,176
Depreciation and amortization 1,998 2,312 2,581
Regional carrier expense 1,736 1,584 2,158
Aircraft maintenance materials and outside repairs 1,401 822 1,751
Passenger commissions and other selling expenses 953 643 2,211
Passenger service 756 551 1,312
Aircraft rent 430 399 423
Restructuring charges (19) 8,219 0
Profit sharing 108 0 1,643
Government grant recognition (4,512) (3,946) 0
Other 1,405 1,232 1,827
Total operating expense 28,013 29,564 40,389
Operating Income/(Loss) 1,886 (12,469) 6,618
Non-Operating Expense:      
Interest expense, net (1,279) (929) (301)
Impairments and equity method losses (337) (2,432) (62)
Gain/(loss) on investments, net 56 (105) 119
Loss on extinguishment of debt (319) (8) 0
Pension and related benefit/(expense) 451 219 (65)
Miscellaneous, net (60) 137 (111)
Total non-operating expense, net (1,488) (3,118) (420)
Income/(Loss) Before Income Taxes 398 (15,587) 6,198
Income Tax (Provision)/Benefit (118) 3,202 (1,431)
Net Income/(Loss) $ 280 $ (12,385) $ 4,767
Basic Earnings/(Loss) Per Share (USD per share) $ 0.44 $ (19.49) $ 7.32
Diluted Earnings (Loss) Per Share (USD per share) 0.44 (19.49) 7.30
Cash Dividends Declared Per Share (USD per share) $ 0 $ 0.40 $ 1.51
Passenger      
Operating Revenue:      
Total operating revenue $ 22,519 $ 12,883 $ 42,277
Cargo      
Operating Revenue:      
Total operating revenue 1,032 608 753
Other      
Operating Revenue:      
Total operating revenue $ 6,348 $ 3,604 $ 3,977