Investments (Tables)

3 Months Ended

Mar. 31, 2022

Investments, Debt and Equity Securities [Abstract]

Summary of equity investments ownership and carrying value - fair value

Equity investments ownership interest and carrying value
	Accounting Treatment	Ownership Interest				Carrying Value
(in millions)		March 31, 2022		December 31, 2021		March 31, 2022		December 31, 2021
Air France-KLM	Fair Value	6	%	6	%	$	170	$	165
China Eastern	Fair Value	2	%	2	%	157		177
CLEAR	Fair Value	6	%	6	%	223		260
Grupo Aeroméxico	Equity Method(1)	20	%	51	%	432		—
Hanjin-KAL	Fair Value	13	%	13	%	450		455
Unifi Aviation	Equity Method(2)	49	%	49	%	159		159
Wheels Up	Fair Value(3)	21	%	21	%	162		241
Other investments	Various					246		255
Equity investments						$	1,999	$	1,712

(1)Results are included in equity method results in our income statement under non-operating expense.

(2)Results are included in contracted services in our income statement as this entity is integral to the operations of our business by providing services at our airport locations.

(3)We account for our investment under the fair value option.

Summary of equity investments ownership and carrying value - equity method

Equity investments ownership interest and carrying value
	Accounting Treatment	Ownership Interest				Carrying Value
(in millions)		March 31, 2022		December 31, 2021		March 31, 2022		December 31, 2021
Air France-KLM	Fair Value	6	%	6	%	$	170	$	165
China Eastern	Fair Value	2	%	2	%	157		177
CLEAR	Fair Value	6	%	6	%	223		260
Grupo Aeroméxico	Equity Method(1)	20	%	51	%	432		—
Hanjin-KAL	Fair Value	13	%	13	%	450		455
Unifi Aviation	Equity Method(2)	49	%	49	%	159		159
Wheels Up	Fair Value(3)	21	%	21	%	162		241
Other investments	Various					246		255
Equity investments						$	1,999	$	1,712

(1)Results are included in equity method results in our income statement under non-operating expense.

(2)Results are included in contracted services in our income statement as this entity is integral to the operations of our business by providing services at our airport locations.

(3)We account for our investment under the fair value option.