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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of assets (liabilities) measured at fair value on a recurring basis Assets/(Liabilities) Measured at Fair Value on a Recurring Basis
(in millions)March 31,
2023
Level 1Level 2Level 3
Cash equivalents$2,231 $2,231 $— $— 
Restricted cash equivalents213 213 — — 
Short-term investments
U.S. Government securities1,501 162 1,339 — 
Corporate obligations1,756 — 1,756 — 
Asset-backed securities37 — 37 — 
Other fixed income securities102 — 102 — 
Long-term investments1,572 1,424 38 110 
Fuel hedge contracts(6)— (6)— 
(in millions)December 31,
2022
Level 1Level 2Level 3
Cash equivalents$2,021 $2,021 $— $— 
Restricted cash equivalents206 206 — — 
Short-term investments
U.S. Government securities1,587 122 1,465 — 
Corporate obligations1,614 — 1,614 — 
Other fixed income securities67 — 67 — 
Long-term investments1,450 1,305 38 107 
Fuel hedge contracts(47)— (47)—