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10-Q Filing

SOUTHWEST AIRLINES CO CIK: 92380 Q2 2021
Filing Information
Form Type 10-Q
Accession Number 0000092380-21-000143
Period End Date 20210630
Filing Date 20210727
Fiscal Year 2021
Fiscal Period Q2
XBRL Instance luv-20210630_htm.xml
Filing Contents
Balance Sheet 80 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $14.12B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.94B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $11.97B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.55B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.35B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $11.06B USD Point-in-time
Short-term investments ShortTermInvestments $2.27B USD Point-in-time
Short-term investments ShortTermInvestments $2.75B USD Point-in-time
Accounts and other receivables AccountsAndOtherReceivablesNetCurrent $1.13B USD Point-in-time
Accounts and other receivables AccountsAndOtherReceivablesNetCurrent $1.33B USD Point-in-time
Inventories of parts and supplies, at cost AirlineRelatedInventory $464.00M USD Point-in-time
Inventories of parts and supplies, at cost AirlineRelatedInventory $414.00M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $295.00M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $521.00M USD Point-in-time
Total current assets AssetsCurrent $15.17B USD Point-in-time
Total current assets AssetsCurrent $19.19B USD Point-in-time
Flight equipment FlightEquipmentGross $21.26B USD Point-in-time
Flight equipment FlightEquipmentGross $20.88B USD Point-in-time
Ground property and equipment PropertyPlantAndEquipmentOther $6.08B USD Point-in-time
Ground property and equipment PropertyPlantAndEquipmentOther $6.18B USD Point-in-time
Deposits on flight equipment purchase contracts DepositsOnFlightEquipment $305.00M USD Point-in-time
Deposits on flight equipment purchase contracts DepositsOnFlightEquipment - USD Point-in-time
Assets constructed for others AssetsConstructedForOthers $309.00M USD Point-in-time
Assets constructed for others AssetsConstructedForOthers - USD Point-in-time
Property and equipment, at cost PropertyPlantAndEquipmentGross $27.57B USD Point-in-time
Property and equipment, at cost PropertyPlantAndEquipmentGross $27.44B USD Point-in-time
Less allowance for depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $12.20B USD Point-in-time
Less allowance for depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $11.74B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $15.83B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $15.24B USD Point-in-time
Goodwill Goodwill $970.00M USD Point-in-time
Goodwill Goodwill $970.00M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $1.97B USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $1.89B USD Point-in-time
Other assets OtherAssetsNoncurrent $837.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $722.00M USD Point-in-time
Total assets Assets $38.21B USD Point-in-time
Total assets Assets $34.59B USD Point-in-time
Accounts payable AccountsPayableCurrent $931.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.38B USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $2.35B USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $2.26B USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $267.00M USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $306.00M USD Point-in-time
Air traffic liability ContractWithCustomerLiabilityCurrent $3.79B USD Point-in-time
Air traffic liability ContractWithCustomerLiabilityCurrent $6.31B USD Point-in-time
Current maturities of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $2.17B USD Point-in-time
Current maturities of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $220.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $7.51B USD Point-in-time
Total current liabilities LiabilitiesCurrent $12.48B USD Point-in-time
Long-term debt less current maturities LongTermDebtAndCapitalLeaseObligations $9.19B USD Point-in-time
Long-term debt less current maturities LongTermDebtAndCapitalLeaseObligations $10.11B USD Point-in-time
Air traffic liability - noncurrent ContractWithCustomerLiabilityNoncurrent $3.34B USD Point-in-time
Air traffic liability - noncurrent ContractWithCustomerLiabilityNoncurrent $2.37B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $1.69B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $1.63B USD Point-in-time
Construction obligation ConstructionObligationNoncurrent $309.00M USD Point-in-time
Construction obligation ConstructionObligationNoncurrent - USD Point-in-time
Noncurrent operating lease liabilities OperatingLeaseLiabilityNoncurrent $1.56B USD Point-in-time
Noncurrent operating lease liabilities OperatingLeaseLiabilityNoncurrent $1.68B USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $1.12B USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $1.25B USD Point-in-time
Common stock CommonStockValue $888.00M USD Point-in-time
Common stock CommonStockValue $888.00M USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $4.19B USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $4.27B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $14.78B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $15.26B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $136.00M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-105.00M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $10.87B USD Point-in-time
Treasury stock, at cost TreasuryStockValue $10.88B USD Point-in-time
Total stockholders' equity StockholdersEquity $9.09B USD Point-in-time
Total stockholders' equity StockholdersEquity $9.83B USD Point-in-time
Total stockholders' equity StockholdersEquity $10.88B USD Point-in-time
Total stockholders' equity StockholdersEquity $9.69B USD Point-in-time
Total stockholders' equity StockholdersEquity $9.07B USD Point-in-time
Total stockholders' equity StockholdersEquity $8.88B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $38.21B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $34.59B USD Point-in-time
Income Statement 94 line items
Line Item Tag Value Unit Period
Total operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $1.01B USD 1 Quarter
Total operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $6.06B USD 2 Qtrs
Total operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $5.24B USD 2 Qtrs
Total operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $4.01B USD 1 Quarter
Salaries, wages, and benefits LaborAndRelatedExpense $3.40B USD 2 Qtrs
Salaries, wages, and benefits LaborAndRelatedExpense $1.71B USD 1 Quarter
Salaries, wages, and benefits LaborAndRelatedExpense $3.57B USD 2 Qtrs
Salaries, wages, and benefits LaborAndRelatedExpense $1.82B USD 1 Quarter
Payroll support and voluntary Employee programs, net PayrollSupportAndVoluntaryEmployeeProgramsNet $784.00M USD 2 Qtrs
Payroll support and voluntary Employee programs, net PayrollSupportAndVoluntaryEmployeeProgramsNet $740.00M USD 1 Quarter
Payroll support and voluntary Employee programs, net PayrollSupportAndVoluntaryEmployeeProgramsNet $784.00M USD 1 Quarter
Payroll support and voluntary Employee programs, net PayrollSupportAndVoluntaryEmployeeProgramsNet $2.19B USD 2 Qtrs
Fuel and oil FuelCosts $1.27B USD 2 Qtrs
Fuel and oil FuelCosts $1.13B USD 2 Qtrs
Fuel and oil FuelCosts $257.00M USD 1 Quarter
Fuel and oil FuelCosts $803.00M USD 1 Quarter
Maintenance materials and repairs AircraftMaintenanceMaterialsAndRepairs $395.00M USD 2 Qtrs
Maintenance materials and repairs AircraftMaintenanceMaterialsAndRepairs $222.00M USD 1 Quarter
Maintenance materials and repairs AircraftMaintenanceMaterialsAndRepairs $412.00M USD 2 Qtrs
Maintenance materials and repairs AircraftMaintenanceMaterialsAndRepairs $140.00M USD 1 Quarter
Landing fees and airport rentals LandingFeesAndOtherRentals $614.00M USD 2 Qtrs
Landing fees and airport rentals LandingFeesAndOtherRentals $716.00M USD 2 Qtrs
Landing fees and airport rentals LandingFeesAndOtherRentals $403.00M USD 1 Quarter
Landing fees and airport rentals LandingFeesAndOtherRentals $275.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $313.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $315.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $627.00M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $624.00M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $917.00M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $220.00M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $586.00M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $1.05B USD 2 Qtrs
Total operating expenses, net OperatingCostsAndExpenses $2.13B USD 1 Quarter
Total operating expenses, net OperatingCostsAndExpenses $5.27B USD 2 Qtrs
Total operating expenses, net OperatingCostsAndExpenses $6.48B USD 2 Qtrs
Total operating expenses, net OperatingCostsAndExpenses $3.41B USD 1 Quarter
OPERATING INCOME (LOSS) OperatingIncomeLoss $594.00M USD 1 Quarter
OPERATING INCOME (LOSS) OperatingIncomeLoss $-1.24B USD 2 Qtrs
OPERATING INCOME (LOSS) OperatingIncomeLoss $793.00M USD 2 Qtrs
OPERATING INCOME (LOSS) OperatingIncomeLoss $-1.13B USD 1 Quarter
Interest expense InterestCostsIncurred $229.00M USD 2 Qtrs
Interest expense InterestCostsIncurred $116.00M USD 1 Quarter
Interest expense InterestCostsIncurred $124.00M USD 2 Qtrs
Interest expense InterestCostsIncurred $96.00M USD 1 Quarter
Capitalized interest InterestCostsCapitalizedAdjustment $7.00M USD 1 Quarter
Capitalized interest InterestCostsCapitalizedAdjustment $8.00M USD 1 Quarter
Capitalized interest InterestCostsCapitalizedAdjustment $12.00M USD 2 Qtrs
Capitalized interest InterestCostsCapitalizedAdjustment $19.00M USD 2 Qtrs
Interest income InvestmentIncomeInterest $4.00M USD 2 Qtrs
Interest income InvestmentIncomeInterest $26.00M USD 2 Qtrs
Interest income InvestmentIncomeInterest $9.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $2.00M USD 1 Quarter
Other (gains) losses, net OtherNonoperatingIncomeExpense $14.00M USD 1 Quarter
Other (gains) losses, net OtherNonoperatingIncomeExpense $-60.00M USD 2 Qtrs
Other (gains) losses, net OtherNonoperatingIncomeExpense $61.00M USD 2 Qtrs
Other (gains) losses, net OtherNonoperatingIncomeExpense $-32.00M USD 1 Quarter
Total other expenses (income) NonoperatingIncomeExpense $-146.00M USD 2 Qtrs
Total other expenses (income) NonoperatingIncomeExpense $-92.00M USD 1 Quarter
Total other expenses (income) NonoperatingIncomeExpense $-145.00M USD 2 Qtrs
Total other expenses (income) NonoperatingIncomeExpense $-112.00M USD 1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-1.24B USD 1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-1.38B USD 2 Qtrs
INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $502.00M USD 1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $648.00M USD 2 Qtrs
PROVISION (BENEFIT) FOR INCOME TAXES IncomeTaxExpenseBenefit $185.00M USD 2 Qtrs
PROVISION (BENEFIT) FOR INCOME TAXES IncomeTaxExpenseBenefit $154.00M USD 1 Quarter
PROVISION (BENEFIT) FOR INCOME TAXES IncomeTaxExpenseBenefit $-374.00M USD 2 Qtrs
PROVISION (BENEFIT) FOR INCOME TAXES IncomeTaxExpenseBenefit $-324.00M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $-915.00M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $348.00M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $-1.01B USD 2 Qtrs
NET INCOME (LOSS) NetIncomeLoss $463.00M USD 2 Qtrs
NET INCOME (LOSS) PER SHARE, BASIC (in USD per share) EarningsPerShareBasic $-1.87 USD 2 Qtrs
NET INCOME (LOSS) PER SHARE, BASIC (in USD per share) EarningsPerShareBasic $0.78 USD 2 Qtrs
NET INCOME (LOSS) PER SHARE, BASIC (in USD per share) EarningsPerShareBasic $0.59 USD 1 Quarter
NET INCOME (LOSS) PER SHARE, BASIC (in USD per share) EarningsPerShareBasic $-1.63 USD 1 Quarter
NET INCOME (LOSS) PER SHARE, DILUTED (in USD per share) EarningsPerShareDiluted $-1.87 USD 2 Qtrs
NET INCOME (LOSS) PER SHARE, DILUTED (in USD per share) EarningsPerShareDiluted $0.76 USD 2 Qtrs
NET INCOME (LOSS) PER SHARE, DILUTED (in USD per share) EarningsPerShareDiluted $-1.63 USD 1 Quarter
NET INCOME (LOSS) PER SHARE, DILUTED (in USD per share) EarningsPerShareDiluted $0.57 USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTax $544.00M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTax $180.00M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTax $723.00M USD 2 Qtrs
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTax $-219.00M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTax $-1.08B USD 2 Qtrs
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTax $-859.00M USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 563.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 591.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 539.00M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 591.00M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 612.00M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 539.00M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 563.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 615.00M shares 1 Quarter
Cash Flow Statement 172 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $-915.00M USD 1 Quarter
Net income (loss) NetIncomeLoss $348.00M USD 1 Quarter
Net income (loss) NetIncomeLoss $-1.01B USD 2 Qtrs
Net income (loss) NetIncomeLoss $463.00M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $313.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $315.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $627.00M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $624.00M USD 2 Qtrs
Unrealized/realized (gain) loss on fuel derivative instruments UnrealizedGainLossOnDerivatives $17.00M USD 1 Quarter
Unrealized/realized (gain) loss on fuel derivative instruments UnrealizedGainLossOnDerivatives $-8.00M USD 2 Qtrs
Unrealized/realized (gain) loss on fuel derivative instruments UnrealizedGainLossOnDerivatives $-6.00M USD 1 Quarter
Unrealized/realized (gain) loss on fuel derivative instruments UnrealizedGainLossOnDerivatives $23.00M USD 2 Qtrs
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $30.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $230.00M USD 2 Qtrs
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $181.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $26.00M USD 2 Qtrs
Gain on sale-leaseback transactions SaleAndLeasebackTransactionGainLossNet - USD 1 Quarter
Gain on sale-leaseback transactions SaleAndLeasebackTransactionGainLossNet - USD 2 Qtrs
Gain on sale-leaseback transactions SaleAndLeasebackTransactionGainLossNet $222.00M USD 1 Quarter
Gain on sale-leaseback transactions SaleAndLeasebackTransactionGainLossNet $222.00M USD 2 Qtrs
Accounts and other receivables IncreaseDecreaseInAccountsAndOtherReceivables $119.00M USD 1 Quarter
Accounts and other receivables IncreaseDecreaseInAccountsAndOtherReceivables $797.00M USD 2 Qtrs
Accounts and other receivables IncreaseDecreaseInAccountsAndOtherReceivables $-64.00M USD 2 Qtrs
Accounts and other receivables IncreaseDecreaseInAccountsAndOtherReceivables $563.00M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-282.00M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-5.00M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-224.00M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-16.00M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-90.00M USD 2 Qtrs
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $923.00M USD 2 Qtrs
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $989.00M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.20B USD 1 Quarter
Air traffic liability IncreaseDecreaseInContractWithCustomerLiability $1.55B USD 2 Qtrs
Air traffic liability IncreaseDecreaseInContractWithCustomerLiability $667.00M USD 1 Quarter
Air traffic liability IncreaseDecreaseInContractWithCustomerLiability $946.00M USD 1 Quarter
Air traffic liability IncreaseDecreaseInContractWithCustomerLiability $1.37B USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-64.00M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-74.00M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-186.00M USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-206.00M USD 2 Qtrs
Cash collateral received from derivative counterparties IncreaseDecreaseCashCollateralFromCounterparties $7.00M USD 2 Qtrs
Cash collateral received from derivative counterparties IncreaseDecreaseCashCollateralFromCounterparties $48.00M USD 1 Quarter
Cash collateral received from derivative counterparties IncreaseDecreaseCashCollateralFromCounterparties $86.00M USD 2 Qtrs
Cash collateral received from derivative counterparties IncreaseDecreaseCashCollateralFromCounterparties $12.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $-76.00M USD 2 Qtrs
Other, net OtherOperatingActivitiesCashFlowStatement $-14.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $32.00M USD 2 Qtrs
Other, net OtherOperatingActivitiesCashFlowStatement $17.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $2.00B USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $520.00M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $897.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $2.65B USD 2 Qtrs
Capital expenditures PaymentsToAcquireProductiveAssets $95.00M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $336.00M USD 2 Qtrs
Capital expenditures PaymentsToAcquireProductiveAssets $113.00M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $190.00M USD 2 Qtrs
Supplier proceeds SupplierProceeds $-428.00M USD 2 Qtrs
Supplier proceeds SupplierProceeds - USD 2 Qtrs
Supplier proceeds SupplierProceeds $-128.00M USD 1 Quarter
Supplier proceeds SupplierProceeds - USD 1 Quarter
Proceeds from sale-leaseback transactions ProceedsFromSaleOfPropertyPlantAndEquipment $815.00M USD 1 Quarter
Proceeds from sale-leaseback transactions ProceedsFromSaleOfPropertyPlantAndEquipment - USD 1 Quarter
Proceeds from sale-leaseback transactions ProceedsFromSaleOfPropertyPlantAndEquipment - USD 2 Qtrs
Proceeds from sale-leaseback transactions ProceedsFromSaleOfPropertyPlantAndEquipment $815.00M USD 2 Qtrs
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $2.98B USD 2 Qtrs
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $1.32B USD 1 Quarter
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $2.35B USD 2 Qtrs
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $1.65B USD 1 Quarter
Proceeds from sales of short-term and other investments ProceedsFromSaleOfShortTermInvestments $1.76B USD 2 Qtrs
Proceeds from sales of short-term and other investments ProceedsFromSaleOfShortTermInvestments $2.50B USD 2 Qtrs
Proceeds from sales of short-term and other investments ProceedsFromSaleOfShortTermInvestments $818.00M USD 1 Quarter
Proceeds from sales of short-term and other investments ProceedsFromSaleOfShortTermInvestments $1.28B USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-469.00M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-670.00M USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $332.00M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $327.00M USD 2 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $2.29B USD 2 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $2.29B USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock - USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock - USD 2 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfDebt - USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfDebt $4.00B USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfDebt $4.50B USD 2 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfDebt - USD 2 Qtrs
Proceeds from term loan credit facility ProceedsFromNotesPayable - USD 2 Qtrs
Proceeds from term loan credit facility ProceedsFromNotesPayable $3.68B USD 2 Qtrs
Proceeds from term loan credit facility ProceedsFromNotesPayable $2.68B USD 1 Quarter
Proceeds from term loan credit facility ProceedsFromNotesPayable - USD 1 Quarter
Proceeds from revolving credit facility ProceedsFromLinesOfCredit - USD 1 Quarter
Proceeds from revolving credit facility ProceedsFromLinesOfCredit $1.00B USD 2 Qtrs
Proceeds from revolving credit facility ProceedsFromLinesOfCredit - USD 2 Qtrs
Proceeds from revolving credit facility ProceedsFromLinesOfCredit - USD 1 Quarter
Proceeds from convertible notes ProceedsFromConvertibleDebt $2.30B USD 1 Quarter
Proceeds from convertible notes ProceedsFromConvertibleDebt - USD 1 Quarter
Proceeds from convertible notes ProceedsFromConvertibleDebt - USD 2 Qtrs
Proceeds from convertible notes ProceedsFromConvertibleDebt $2.30B USD 2 Qtrs
Proceeds from Payroll Support Program loan and warrants ProceedsFromPayrollSupportProgramLoansAndWarrants $885.00M USD 2 Qtrs
Proceeds from Payroll Support Program loan and warrants ProceedsFromPayrollSupportProgramLoansAndWarrants $885.00M USD 1 Quarter
Proceeds from Payroll Support Program loan and warrants ProceedsFromPayrollSupportProgramLoansAndWarrants $1.14B USD 2 Qtrs
Proceeds from Payroll Support Program loan and warrants ProceedsFromPayrollSupportProgramLoansAndWarrants $625.00M USD 1 Quarter
Proceeds from Employee stock plans ProceedsFromStockPlans $13.00M USD 1 Quarter
Proceeds from Employee stock plans ProceedsFromStockPlans $24.00M USD 2 Qtrs
Proceeds from Employee stock plans ProceedsFromStockPlans $26.00M USD 2 Qtrs
Proceeds from Employee stock plans ProceedsFromStockPlans $13.00M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $451.00M USD 2 Qtrs
Payments of long-term debt and finance lease obligations RepaymentsOfLongTermDebtAndCapitalSecurities $237.00M USD 2 Qtrs
Payments of long-term debt and finance lease obligations RepaymentsOfLongTermDebtAndCapitalSecurities $159.00M USD 1 Quarter
Payments of long-term debt and finance lease obligations RepaymentsOfLongTermDebtAndCapitalSecurities $43.00M USD 1 Quarter
Payments of long-term debt and finance lease obligations RepaymentsOfLongTermDebtAndCapitalSecurities $109.00M USD 2 Qtrs
Payments of term loan credit facility RepaymentsOfOtherShortTermDebt $3.68B USD 2 Qtrs
Payments of term loan credit facility RepaymentsOfOtherShortTermDebt - USD 1 Quarter
Payments of term loan credit facility RepaymentsOfOtherShortTermDebt - USD 2 Qtrs
Payments of term loan credit facility RepaymentsOfOtherShortTermDebt $3.68B USD 1 Quarter
Payments of revolving credit facility RepaymentsOfLinesOfCredit - USD 2 Qtrs
Payments of revolving credit facility RepaymentsOfLinesOfCredit $1.00B USD 1 Quarter
Payments of revolving credit facility RepaymentsOfLinesOfCredit - USD 1 Quarter
Payments of revolving credit facility RepaymentsOfLinesOfCredit $1.00B USD 2 Qtrs
Payments of cash dividends PaymentsOfDividends $188.00M USD 2 Qtrs
Payments of cash dividends PaymentsOfDividends - USD 1 Quarter
Payments of cash dividends PaymentsOfDividends - USD 1 Quarter
Payments of cash dividends PaymentsOfDividends - USD 2 Qtrs
Capitalized financing items CapitalizedFinancingItems $171.00M USD 1 Quarter
Capitalized financing items CapitalizedFinancingItems - USD 1 Quarter
Capitalized financing items CapitalizedFinancingItems - USD 2 Qtrs
Capitalized financing items CapitalizedFinancingItems $176.00M USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $23.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $22.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $8.00M USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $28.00M USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $617.00M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $8.96B USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $7.18B USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.08B USD 2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $8.41B USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $2.15B USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $9.80B USD 2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $3.06B USD 2 Qtrs
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $14.12B USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $3.94B USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $11.97B USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $2.55B USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $12.35B USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $11.06B USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $14.12B USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $3.94B USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $11.97B USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $2.55B USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $12.35B USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $11.06B USD Point-in-time
Interest, net of amount capitalized InterestPaidNet $54.00M USD 2 Qtrs
Interest, net of amount capitalized InterestPaidNet $150.00M USD 1 Quarter
Interest, net of amount capitalized InterestPaidNet $167.00M USD 2 Qtrs
Interest, net of amount capitalized InterestPaidNet $40.00M USD 1 Quarter
Income taxes IncomeTaxesPaid $5.00M USD 1 Quarter
Income taxes IncomeTaxesPaid $176.00M USD 1 Quarter
Income taxes IncomeTaxesPaid $177.00M USD 2 Qtrs
Income taxes IncomeTaxesPaid $10.00M USD 2 Qtrs
Right-of-use assets acquired under operating leases RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $686.00M USD 2 Qtrs
Right-of-use assets acquired under operating leases RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $230.00M USD 2 Qtrs
Right-of-use assets acquired under operating leases RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $661.00M USD 1 Quarter
Right-of-use assets acquired under operating leases RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $12.00M USD 1 Quarter
Flight equipment acquired against supplier credit memo FlightEquipmentAcquiredAgainstSupplierCredit - USD 1 Quarter
Flight equipment acquired against supplier credit memo FlightEquipmentAcquiredAgainstSupplierCredit - USD 2 Qtrs
Flight equipment acquired against supplier credit memo FlightEquipmentAcquiredAgainstSupplierCredit $512.00M USD 2 Qtrs
Flight equipment acquired against supplier credit memo FlightEquipmentAcquiredAgainstSupplierCredit $207.00M USD 1 Quarter
Assets constructed for others AssetsConstructedForOthersDuringPeriod $41.00M USD 1 Quarter
Assets constructed for others AssetsConstructedForOthersDuringPeriod $-341.00M USD 1 Quarter
Assets constructed for others AssetsConstructedForOthersDuringPeriod $75.00M USD 2 Qtrs
Assets constructed for others AssetsConstructedForOthersDuringPeriod $-309.00M USD 2 Qtrs
Stockholders Equity 34 line items
Line Item Tag Value Unit Period
Cash dividends, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.18 USD 1 Quarter
Balance at beginning of period StockholdersEquity $9.09B USD Point-in-time
Balance at beginning of period StockholdersEquity $9.83B USD Point-in-time
Balance at beginning of period StockholdersEquity $10.88B USD Point-in-time
Balance at beginning of period StockholdersEquity $9.69B USD Point-in-time
Balance at beginning of period StockholdersEquity $9.07B USD Point-in-time
Balance at beginning of period StockholdersEquity $8.88B USD Point-in-time
Repurchase of common stock TreasuryStockValueAcquiredCostMethod $451.00M USD 1 Quarter
Issuance of common stock, net of issuance costs StockIssuedDuringPeriodValueNewIssues $2.22B USD 1 Quarter
Issuance of common and treasury stock pursuant to Employee stock plans StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $13.00M USD 1 Quarter
Issuance of common and treasury stock pursuant to Employee stock plans StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $-2.00M USD 1 Quarter
Issuance of common and treasury stock pursuant to Employee stock plans StockIssuedDuringPeriodValueEmployeeStockPurchasePlan - USD 1 Quarter
Issuance of common and treasury stock pursuant to Employee stock plans StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $13.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $16.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $-2.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $14.00M USD 1 Quarter
Stock warrants AdjustmentsToAdditionalPaidInCapitalWarrantIssued $23.00M USD 1 Quarter
Stock warrants AdjustmentsToAdditionalPaidInCapitalWarrantIssued $22.00M USD 1 Quarter
Stock warrants AdjustmentsToAdditionalPaidInCapitalWarrantIssued $35.00M USD 1 Quarter
Equity feature of convertible notes, net of issuance costs AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt $392.00M USD 1 Quarter
Cash dividends DividendsCash $94.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $544.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $180.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $723.00M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $-219.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $-1.08B USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $-859.00M USD 1 Quarter
Balance at end of period StockholdersEquity $9.09B USD Point-in-time
Balance at end of period StockholdersEquity $9.83B USD Point-in-time
Balance at end of period StockholdersEquity $10.88B USD Point-in-time
Balance at end of period StockholdersEquity $9.69B USD Point-in-time
Balance at end of period StockholdersEquity $9.07B USD Point-in-time
Balance at end of period StockholdersEquity $8.88B USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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