COMPREHENSIVE INCOME (LOSS) (Tables)

3 Months Ended

6 Months Ended

Jun. 30, 2012

Jun. 30, 2012

Notes to Financial Statements [Abstract]

Components of comprehensive income

		Three months ended June 30,
(in millions)		2012		2011
NET INCOME		$	228	$	161
Unrealized loss on fuel derivative instruments, net of
	deferred taxes of ($156) and ($111)		(251)		(178)
Unrealized loss on interest rate derivative instruments, net of
	net of deferred taxes of ($5) and ($7)		(8)		(11)
Other, net of deferred taxes of ($3) and $2			(4)		3
Total other comprehensive loss		$	(263)	$	(186)
COMPREHENSIVE LOSS		$	(35)	$	(25)

		Six months ended June 30,
(in millions)		2012		2011
NET INCOME		$	327	$	166
Unrealized gain (loss) on interest rate derivative instruments, net of
	deferred taxes of ($57) and $96		(92)		153
Unrealized loss on interest rate derivative instruments, net of
	net of deferred taxes of ($1) and ($3)		(2)		(4)
Other, net of deferred taxes of ($1) and $4			(2)		6
Total other comprehensive income (loss)		$	(96)	$	155
COMPREHENSIVE INCOME		$	231	$	321

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 March 31, 2012		$	(24)	$	(60)	$	27	$	(57)
	Changes in fair value		(279)		(8)		(4)		(291)
	Reclassification to earnings		28		-		-		28
Balance at June 30, 2012		$	(275)	$	(68)	$	23	$	(320)

								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		(143)		(2)		(2)		(147)
	Reclassification to earnings		51		-		-		51
Balance at June 30, 2012		$	(275)	$	(68)	$	23	$	(320)