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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 511 $ 453
Adjustments to reconcile net income to cash provided by (used in) operating activities:    
Depreciation and amortization 290 244
Unrealized/realized (gain) loss on fuel derivative instruments 88 11
Deferred income taxes 26 19
Changes in certain assets and liabilities:    
Accounts and other receivables (21) (130)
Other assets 4 13
Accounts payable and accrued liabilities 313 177
Air traffic liability 685 717
Cash collateral provided to derivative counterparties (231) (17)
Other, net (49) (35)
Net cash provided by operating activities 1,616 1,452
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (438) (573)
Assets constructed for others (11) (22)
Purchases of short-term investments (256) (316)
Proceeds from sales of short-term and other investments 530 609
Net cash used in investing activities (175) (302)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Employee stock plans 11 13
Proceeds from termination of interest rate derivative instruments 0 12
Reimbursement for assets constructed for others 10 2
Payments of long-term debt and capital lease obligations (56) (51)
Payments of cash dividends (96) (81)
Repayment of construction obligation (2) (2)
Repurchase of common stock (500) (300)
Other, net (3) 0
Net cash used in financing activities (636) (407)
NET CHANGE IN CASH AND CASH EQUIVALENTS 805 743
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 1,583 1,282
CASH AND CASH EQUIVALENTS AT END OF PERIOD 2,388 2,025
CASH PAYMENTS FOR:    
Interest, net of amount capitalized 27 32
Income taxes 73 111
SUPPLEMENTAL DISCLOSURE OF NONCASH TRANSACTIONS    
Flight equipment under capital leases 169 41
Assets constructed for others $ 60 $ 43