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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Revenues    
Passenger revenue $ 1,685 $ 1,602
Mileage plan other revenue 107 100
Cargo and other 40 38
Total Operating Revenues 1,832 1,740
Operating Expenses    
Wages and benefits 536 450
Variable incentive pay 39 31
Aircraft fuel, including hedging gains and losses 409 339
Aircraft maintenance 107 87
Aircraft rent 74 65
Landing fees and other rentals 126 115
Contracted services 81 81
Selling expenses 78 83
Depreciation and amortization 94 90
Food and beverage service 50 45
Third-party regional carrier expense 37 27
Other 141 131
Special items—merger-related costs 6 39
Special items—other 25 0
Total Operating Expenses 1,803 1,583
Operating Income 29 157
Nonoperating Income (Expense)    
Interest income 8 7
Interest expense (24) (25)
Interest capitalized 5 4
Other—net (12) (1)
Nonoperating Income (Expense) Total (23) (15)
Income Before Income Tax 6 142
Income tax expense 2 49
Net Income $ 4 $ 93
Basic Earnings Per Share (usd per share) $ 0.03 $ 0.75
Diluted Earnings Per Share (usd per share) $ 0.03 $ 0.75
Shares used for computation:    
Basic shares (shares) 123,155 123,495
Diluted shares (shares) 123,630 124,299
Cash dividend declared per share (usd per share) $ 0.32 $ 0.3