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Statements of Consolidated Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating revenue:        
Operating revenue $ 1,475 $ 11,402 $ 9,454 $ 20,991
Operating expense:        
Salaries and related costs 2,170 3,057 5,125 5,930
Aircraft fuel 240 2,385 1,966 4,408
Regional capacity purchase 388 715 1,125 1,403
Landing fees and other rent 429 660 1,052 1,248
Depreciation and amortization 618 560 1,233 1,107
Aircraft maintenance materials and outside repairs 110 421 544 829
Distribution expenses 31 442 326 802
Aircraft rent 47 73 97 154
Special charges (credit) (1,449) 71 (1,386) 89
Other operating expenses 528 1,546 1,981 3,054
Total operating expenses 3,112 9,930 12,063 19,024
Operating income (loss) (1,637) 1,472 (2,609) 1,967
Nonoperating income (expense):        
Interest expense (196) (191) (367) (379)
Interest capitalized 17 21 38 43
Interest income 11 38 37 67
Unrealized gains (losses) on investments, net 9 34 (310) 51
Miscellaneous, net (207) (20) (906) (28)
Total nonoperating expense, net (366) (118) (1,508) (246)
Income (loss) before income taxes (2,003) 1,354 (4,117) 1,721
Income tax expense (benefit) (376) 302 (786) 377
Net income (loss) $ (1,627) $ 1,052 $ (3,331) $ 1,344
Earnings (loss) per share, basic (in dollars per share) $ (5.79) $ 4.03 $ (12.59) $ 5.09
Earnings (loss) per share, diluted (in dollars per share) $ (5.79) $ 4.02 $ (12.59) $ 5.07
United Airlines, Inc.        
Operating revenue:        
Operating revenue $ 1,475 $ 11,402 $ 9,454 $ 20,991
Operating expense:        
Salaries and related costs 2,170 3,057 5,125 5,930
Aircraft fuel 240 2,385 1,966 4,408
Regional capacity purchase 388 715 1,125 1,403
Landing fees and other rent 429 660 1,052 1,248
Depreciation and amortization 618 560 1,233 1,107
Aircraft maintenance materials and outside repairs 110 421 544 829
Distribution expenses 31 442 326 802
Aircraft rent 47 73 97 154
Special charges (credit) (1,449) 71 (1,386) 89
Other operating expenses 527 1,546 1,980 3,053
Total operating expenses 3,111 9,930 12,062 19,023
Operating income (loss) (1,636) 1,472 (2,608) 1,968
Nonoperating income (expense):        
Interest expense (196) (191) (367) (379)
Interest capitalized 17 21 38 43
Interest income 11 38 37 67
Unrealized gains (losses) on investments, net 9 34 (310) 51
Miscellaneous, net (208) (20) (906) (28)
Total nonoperating expense, net (367) (118) (1,508) (246)
Income (loss) before income taxes (2,003) 1,354 (4,116) 1,722
Income tax expense (benefit) (377) 302 (786) 377
Net income (loss) (1,626) 1,052 (3,330) 1,345 [1]
Passenger revenue        
Operating revenue:        
Operating revenue 681 10,486 7,746 19,211
Passenger revenue | United Airlines, Inc.        
Operating revenue:        
Operating revenue 681 10,486 7,746 19,211
Cargo        
Operating revenue:        
Operating revenue 402 295 666 581
Cargo | United Airlines, Inc.        
Operating revenue:        
Operating revenue 402 295 666 581
Other operating revenue        
Operating revenue:        
Operating revenue 392 621 1,042 1,199
Other operating revenue | United Airlines, Inc.        
Operating revenue:        
Operating revenue $ 392 $ 621 $ 1,042 $ 1,199
[1] Transition adjustment due to the adoption of Accounting Standards Update No. 2016-13, Financial Instruments—Credit Losses. See Note 1 to the financial statements contained in Part I, Item 1 of this report for additional information.