Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2012

Hedging Activities [Abstract]

Schedule Of Hedging Activity For Projected Fuel Requirements

	Maximum Price					Minimum Price
	% of Expected Consumption			Weighted Average  Price (per gallon)		% of Expected Consumption			Weighted Average  Price (per gallon)
UAL (a)
Heating oil collars		15	%	$	3.27		15	%	$	2.55
Heating oil call options		4			3.20		N/A			N/A
Brent crude oil collars		9			2.74		9			1.90
Diesel fuel collars		6			3.18		6			2.39
Diesel fuel call options		1			3.17		N/A			N/A
Aircraft fuel collars		1			3.00		1			2.35
Total		36	%				31	%

(a) As of March 31, 2012, UAL had also hedged 14% of projected first quarter 2013 fuel consumption.

Schedule Of Derivative Instruments

Derivatives designated as hedges		March 31, 2012						December 31, 2011
	Balance Sheet Location	UAL		United		Continental		UAL		United		Continental
Assets:
Fuel contracts due within one year	Receivables	$	206	$	120	$	86	$	77	$	48	$	29
Liabilities:
Fuel contracts due within one year	Other Current Liabilities	$	—	$	—	$	—	$	4	$	4	$	—

Schedule Of Gain Loss On Derivative Instruments

	Amount of Gain  Recognized in AOCI on Derivatives (Effective portion)				Gain (Loss) Reclassified from AOCI into Income (Fuel Expense)					Amount of Gain Recognized in Income (Ineffective Portion)
	Three Months Ended March 31,				Three Months Ended March 31,					Three Months Ended March 31,
Fuel contracts	2012		2011		2012			2011		2012		2011
UAL	$	93	$	524	$	(31	)	$	154	$	25	$	3
United		58		385		(15	)		125		14		2
Continental		35		139		(16	)		29		11		1

Schedule Of Derivative Credit Risk And Fair Value

	UAL		United		Continental
Net derivative asset with counterparties	$	206	$	120	$	86
Collateral held by the Company		1		1		—
Potential loss related to the failure of the Company's counterparties to perform		205		119		86