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Consolidated Statement of Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
OPERATING REVENUES:      
Total operating revenues $ 26,091 $ 23,814 $ 15,790
OPERATING EXPENSES, NET:      
Salaries, wages, and benefits 11,152 9,376 7,743
Payroll support and voluntary Employee programs, net 0 0 (2,960)
Fuel and oil 6,217 5,975 3,310
Maintenance materials and repairs 1,188 852 854
Landing fees and airport rentals 1,789 1,508 1,456
Depreciation and amortization 1,522 1,351 1,272
Other operating expenses 3,999 3,735 2,394
Total operating expenses, net 25,867 22,797 14,069
OPERATING INCOME 224 1,017 1,721
OTHER EXPENSES (INCOME):      
Interest expense 259 340 467
Capitalized interest (23) (39) (36)
Interest income (583) (217) (13)
Loss on extinguishment 0 193 28
Other (gains) losses, net 62 (12) 50
Total other expenses (income) (409) 289 396
INCOME BEFORE INCOME TAXES 633 728 1,325
PROVISION FOR INCOME TAXES 168 189 348
NET INCOME $ 465 $ 539 $ 977
NET INCOME (LOSS) PER SHARE, BASIC (in USD per share) $ 0.78 $ 0.91 $ 1.65
NET INCOME (LOSS) PER SHARE, DILUTED (in USD per share) $ 0.76 $ 0.87 $ 1.61
Passenger      
OPERATING REVENUES:      
Total operating revenues $ 23,637 $ 21,408 $ 14,066
Freight      
OPERATING REVENUES:      
Total operating revenues 175 177 187
Other      
OPERATING REVENUES:      
Total operating revenues $ 2,279 $ 2,229 $ 1,537