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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax $ 3,072 $ 2,839 $ 8,201 $ 7,873
Operating Expenses        
Wages and benefits 883 782 2,469 2,259
Variable incentive pay 104 45 197 149
Aircraft fuel, including hedging gains and losses 624 694 1,804 1,932
Aircraft maintenance 140 118 391 367
Aircraft rent 49 48 142 161
Landing fees and other rentals 194 183 532 502
Contracted services 108 100 311 290
Selling expenses 82 84 243 231
Depreciation and amortization 139 113 393 330
Food and beverage service 69 62 194 176
Third-party regional carrier expense 63 58 181 164
Other 202 185 593 544
Special items - Impairment charges and other 74 156 254 406
Costs and Expenses, Total 2,731 2,628 7,704 7,511
Operating Income (Loss) 341 211 497 362
Nonoperating Income (Expense)        
Interest income 28 23 69 62
Interest expense (44) (34) (115) (90)
Interest capitalized 7 7 19 21
Special items - net non-operating (1) (8) (1) (14)
Other—net (3) (6) (3) (22)
Nonoperating Income (Expense) Total (13) (18) (31) (43)
Income (Loss) Before Income Tax 328 193 466 319
Income tax (benefit) expense 92 54 142 82
Net Income (Loss) $ 236 $ 139 $ 324 $ 237
Basic Earnings Per Share (usd per share) $ 1.87 $ 1.09 $ 2.57 $ 1.86
Diluted Earnings Per Share (usd per share) $ 1.84 $ 1.08 $ 2.52 $ 1.84
Shares used for computation:        
Basic shares (shares) 126,189,000 127,187,000 126,165,000 127,375,000
Diluted shares (shares) 128,590,000 129,188,000 128,347,000 129,085,000.000
Passenger [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax $ 2,821 $ 2,618 $ 7,476 $ 7,200
Mileage plan other revenue [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 171 159 509 483
Cargo and Freight [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 80 62 216 190
Passenger Revenue [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 2,821 2,618 7,476 7,200
Passenger Revenue [Member] | Passenger [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 2,821 2,618 7,476 7,200
Mileage Plan Revenue [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 460 416 1,336 1,240
Mileage Plan Revenue [Member] | Mileage plan other revenue [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 171 159 509 483
Cargo and Other Revenue [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 80 62 216 190
Cargo and Other Revenue [Member] | Cargo and Freight [Member]        
Operating Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax $ 80 $ 62 $ 216 $ 190