COMPREHENSIVE INCOME (LOSS) (Tables)

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements [Abstract]

		Three months ended March 31,
(in millions)		2012		2011
NET INCOME		$	98	$	5

Unrealized gain on fuel derivative instruments, net of
	deferred taxes of $99 and $207		159		331
Unrealized gain on interest rate derivative instruments
	net of deferred taxes of $4 and $4		6		7
Other, net of deferred taxes of $2 and $2			2		3
Total other comprehensive income		$	167	$	341

COMPREHENSIVE INCOME		$	265	$	346

Rollforward of the Amounts Included in AOCI, net of taxes

								Accumulated other
		Fuel		Interest rate				comprehensive
(in millions)		derivatives		derivatives		Other		income (loss)
Balance at December 31, 2011		$	(183)	$	(66)	$	25	$	(224)
	Changes in fair value		136		6		2		144
	Reclassification to earnings		23						23
Balance at March 31, 2012		$	(24)	$	(60)	$	27	$	(57)

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

+ References+ Details