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Condensed Consolidated Statement of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
OPERATING REVENUES:        
Total operating revenues $ 7,354 $ 7,037 $ 13,683 $ 12,743
OPERATING EXPENSES:        
Salaries, wages, and benefits 2,999 2,786 5,939 5,264
Fuel and oil 1,599 1,403 3,130 2,950
Maintenance materials and repairs 350 271 711 511
Landing fees and airport rentals 511 459 975 867
Depreciation and amortization 404 367 812 731
Other operating expenses 1,093 956 2,110 1,909
Total operating expenses 6,956 6,242 13,677 12,232
OPERATING INCOME 398 795 6 511
OTHER EXPENSES (INCOME):        
Interest expense 63 65 128 130
Capitalized interest (8) (5) (15) (11)
Interest income (130) (144) (271) (269)
Other gains, net (5) (7) (17) (21)
Total other income (80) (91) (175) (171)
INCOME BEFORE INCOME TAXES 478 886 181 682
PROVISION FOR INCOME TAXES 111 203 44 158
NET INCOME $ 367 $ 683 $ 137 $ 524
Net income per share, basic (in USD per share) $ 0.61 $ 1.15 $ 0.23 $ 0.88
Net income per share, diluted (in USD per share) $ 0.58 $ 1.08 $ 0.23 $ 0.84
COMPREHENSIVE INCOME $ 359 $ 544 $ 148 $ 238
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 599 595 598 595
Diluted (in shares) 643 639 643 639
Passenger        
OPERATING REVENUES:        
Total operating revenues $ 6,712 $ 6,409 $ 12,424 $ 11,514
Freight        
OPERATING REVENUES:        
Total operating revenues 45 47 87 87
Other        
OPERATING REVENUES:        
Total operating revenues $ 597 $ 581 $ 1,172 $ 1,142