Supplemental Financial Information (Tables)

12 Months Ended

Dec. 31, 2020

Table Text Block [Abstract]

Accounts and Other Receivables

(in millions)	December 31, 2020			December 31, 2019
Trade receivables	$	46		$	53
Credit card receivables	35			112
Business partners and other suppliers	274			779
Taxes receivable	740		(a)	87
Other	35			55
Accounts and other receivables	$	1,130		$	1,086

Other Assets

(in millions)	December 31, 2020		December 31, 2019
Derivative contracts	$	90	$	49
Intangible assets, net	295		296
Other	337		232
Other assets	$	722	$	577

Accounts Payable

(in millions)	December 31, 2020		December 31, 2019
Accounts payable trade	$	111	$	304
Salaries payable	201		231
Taxes payable excluding income taxes	49		227
Aircraft maintenance payable	95		162
Fuel payable	66		129
Dividends payable	—		93
Other payable	409		428
Accounts payable	$	931	$	1,574

Accrued Liabilities

(in millions)	December 31, 2020			December 31, 2019
Extended Emergency Time Off	$	393		$	—
Voluntary Separation Program 2020	143			—
Profitsharing and savings plans	25			695
Vendor prepayment	600		(b)	—
Vacation pay	436			434
Health	111			120
Workers compensation	161			166
Property and income taxes	84			79
Interest	49			16
Other	257			239
Accrued liabilities	$	2,259		$	1,749

Other Noncurrent Liabilities

(in millions)	December 31, 2020		December 31, 2019
Extended Emergency Time Off	$	57	$	—
Voluntary Separation Program 2020	321		—
Postretirement obligation	428		288
Other deferred compensation	353		313
Other	88		105
Other noncurrent liabilities	$	1,247	$	706

(a) This amount includes approximately $470 million associated with a significant cash tax refund expected as a result of the CARES Act allowing entities to carry back 2020 losses to prior periods of up to five years, and claim refunds of federal taxes paid. This amount also includes excise taxes remitted to taxing authorities for which the subsequent flights were canceled by Customers, resulting in amounts due back to the Company. See Note 15 for further information.

(b) In fourth quarter 2020, the Company received a $600 million prepayment from Chase for Rapid Rewards points expected to be purchased during 2021, based on cardholder activity on its Visa card associated with its loyalty program. The Company currently expects the majority of this amount to be reclassified to deferred revenue in Air Traffic liability--loyalty during the first half of 2021.