Consolidated Statements of Operations - USD ($)
$ in Millions |
12 Months Ended |
Dec. 31, 2019 |
Dec. 31, 2018 |
Dec. 31, 2017 |
| Operating Revenue: |
|
|
|
| Operating revenue |
$ 47,007
|
$ 44,438
|
$ 41,138
|
| Operating Expense: |
|
|
|
| Salaries and related costs |
11,225
|
10,743
|
10,058
|
| Aircraft fuel and related taxes |
8,519
|
9,020
|
6,756
|
| Regional carriers expense, excluding fuel |
3,584
|
3,438
|
3,466
|
| Contracted services |
2,641
|
2,175
|
2,108
|
| Depreciation and amortization |
2,581
|
2,329
|
2,222
|
| Passenger commissions and other selling expenses |
1,993
|
1,941
|
1,827
|
| Landing fees and other rents |
1,762
|
1,662
|
1,501
|
| Aircraft maintenance materials and outside repairs |
1,751
|
1,575
|
1,591
|
| Profit sharing |
1,643
|
1,301
|
1,065
|
| Passenger service |
1,251
|
1,178
|
1,123
|
| Ancillary businesses and refinery |
1,245
|
1,695
|
1,495
|
| Aircraft rent |
423
|
394
|
351
|
| Other |
1,771
|
1,723
|
1,609
|
| Total operating expense |
40,389
|
39,174
|
35,172
|
| Operating Income |
6,618
|
5,264
|
5,966
|
| Non-Operating Expense: |
|
|
|
| Interest expense, net |
(301)
|
(311)
|
(396)
|
| Gain/(loss) on Investments, net |
119
|
38
|
0
|
| Miscellaneous, net |
(238)
|
160
|
(70)
|
| Total non-operating expense, net |
(420)
|
(113)
|
(466)
|
| Income Before Income Taxes |
6,198
|
5,151
|
5,500
|
| Income Tax Provision |
(1,431)
|
(1,216)
|
(2,295)
|
| Net Income |
$ 4,767
|
$ 3,935
|
$ 3,205
|
| Basic Earnings Per Share (usd per share) |
$ 7.32
|
$ 5.69
|
$ 4.45
|
| Diluted Earnings Per Share (usd per share) |
7.30
|
5.67
|
4.43
|
| Cash Dividends Declared Per Share (usd per share) |
$ 1.51
|
$ 1.31
|
$ 1.02
|
| Passenger |
|
|
|
| Operating Revenue: |
|
|
|
| Operating revenue |
$ 42,277
|
$ 39,755
|
$ 36,947
|
| Cargo |
|
|
|
| Operating Revenue: |
|
|
|
| Operating revenue |
753
|
865
|
744
|
| Other |
|
|
|
| Operating Revenue: |
|
|
|
| Operating revenue |
$ 3,977
|
$ 3,818
|
$ 3,447
|