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Condensed Consolidated Statement of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
OPERATING REVENUES:        
Total operating revenues $ 6,525 $ 6,220 $ 19,268 $ 17,642
OPERATING EXPENSES:        
Salaries, wages, and benefits 2,728 2,322 7,991 6,771
Fuel and oil 1,564 1,750 4,514 4,390
Maintenance materials and repairs 326 204 836 624
Landing fees and airport rentals 457 395 1,324 1,128
Depreciation and amortization 375 335 1,107 984
Other operating expenses 958 819 2,868 2,343
Total operating expenses 6,408 5,825 18,640 16,240
OPERATING INCOME 117 395 628 1,402
OTHER EXPENSES (INCOME):        
Interest expense 63 86 193 272
Capitalized interest (4) (11) (15) (31)
Interest income (156) (70) (425) (101)
Loss on extinguishment of debt 0 76 0 192
Other (gains) losses, net (23) (39) (44) 57
Total other expenses (income) (120) 42 (291) 389
INCOME BEFORE INCOME TAXES 237 353 919 1,013
PROVISION FOR INCOME TAXES 44 76 202 254
NET INCOME $ 193 $ 277 $ 717 $ 759
Net income per share, basic (in USD per share) $ 0.32 $ 0.47 $ 1.20 $ 1.28
Net income per share, diluted (in USD per share) $ 0.31 $ 0.44 $ 1.15 $ 1.21
COMPREHENSIVE INCOME (LOSS) $ 336 $ (223) $ 574 $ 676
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 596 593 595 593
Diluted (in shares) 640 639 639 643
Passenger        
OPERATING REVENUES:        
Total operating revenues $ 5,912 $ 5,613 $ 17,426 $ 15,867
Freight        
OPERATING REVENUES:        
Total operating revenues 44 44 131 133
Other        
OPERATING REVENUES:        
Total operating revenues $ 569 $ 563 $ 1,711 $ 1,642