Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2017

Schedule of Gain on Derivative Instruments

The following table presents the impact of derivative instruments and their location within the Company’s unaudited statements of consolidated operations (in millions):

Derivatives designated as cash flow hedges

	Amount of  Loss Recognized in AOCI on Derivatives (Effective Portion)				Loss Reclassified  from AOCI into Fuel Expense
	Three Months Ended September 30,				Three Months Ended September 30,
	2017		2016		2017		2016
Fuel contracts	$	—	$	(6)	$	—	$	(24)
	Amount of Loss Recognized in AOCI on Derivatives (Effective Portion)				Loss Reclassified  from AOCI into Fuel Expense (a)
	Nine Months Ended September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
Fuel contracts	$	—	$	(5)	$	(2)	$	(197)

(a) The 2017 loss reclassified from AOCI into fuel expense represents hedge losses on December 2016 settled trades, but for which the associated fuel purchased in December was not consumed until January 2017.