2018 Q2 Form 10-Q Financial Statement
#000000620118000027 Filed on July 26, 2018
Income Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
Revenue | $11.64B | $11.23B |
YoY Change | 3.71% | 8.34% |
Cost Of Revenue | $4.493B | $3.723B |
YoY Change | 20.68% | 8.32% |
Gross Profit | $7.150B | $7.504B |
YoY Change | -4.72% | 8.35% |
Gross Profit Margin | 61.41% | 66.84% |
Selling, General & Admin | $3.965B | $3.867B |
YoY Change | 2.53% | 13.0% |
% of Gross Profit | 55.45% | 51.53% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $539.0M | $496.0M |
YoY Change | 8.67% | 11.21% |
% of Gross Profit | 7.54% | 6.61% |
Operating Expenses | $5.964B | $5.702B |
YoY Change | 4.59% | 11.59% |
Operating Profit | $1.004B | $1.599B |
YoY Change | -37.21% | -8.68% |
Interest Expense | $263.0M | $263.0M |
YoY Change | 0.0% | 5.62% |
% of Operating Profit | 26.2% | 16.45% |
Other Income/Expense, Net | -$248.0M | -$210.0M |
YoY Change | 18.1% | -18.6% |
Pretax Income | $756.0M | $1.389B |
YoY Change | -45.57% | -6.97% |
Income Tax | $200.0M | $525.0M |
% Of Pretax Income | 26.46% | 37.8% |
Net Earnings | $556.0M | $864.0M |
YoY Change | -35.65% | -9.05% |
Net Earnings / Revenue | 4.78% | 7.7% |
Basic Earnings Per Share | $1.20 | $1.76 |
Diluted Earnings Per Share | $1.20 | $1.75 |
COMMON SHARES | ||
Basic Shares Outstanding | 463.5M shares | 490.8M shares |
Diluted Shares Outstanding | 464.6M shares | 493.0M shares |
Balance Sheet
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $4.686B | $6.886B |
YoY Change | -31.95% | -3.26% |
Cash & Equivalents | $305.0M | $489.0M |
Short-Term Investments | $4.381B | $6.500B |
Other Short-Term Assets | $1.039B | $1.381B |
YoY Change | -24.76% | -6.31% |
Inventory | $1.522B | $1.206B |
Prepaid Expenses | ||
Receivables | $1.941B | $1.543B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $9.176B | $11.02B |
YoY Change | -16.7% | -1.5% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $34.42B | $32.99B |
YoY Change | 4.34% | 11.42% |
Goodwill | $4.091B | $4.091B |
YoY Change | 0.0% | 0.0% |
Intangibles | $2.157B | $2.224B |
YoY Change | -3.01% | 0.5% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $9.022B | $9.327B |
YoY Change | -3.27% | -9.06% |
Total Long-Term Assets | $43.45B | $42.32B |
YoY Change | 2.66% | 6.15% |
TOTAL ASSETS | ||
Total Short-Term Assets | $9.176B | $11.02B |
Total Long-Term Assets | $43.45B | $42.32B |
Total Assets | $52.62B | $53.34B |
YoY Change | -1.34% | 4.48% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $2.053B | $1.924B |
YoY Change | 6.7% | -1.03% |
Accrued Expenses | $3.700B | $3.618B |
YoY Change | 2.27% | -3.85% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $2.213B | $2.334B |
YoY Change | -5.18% | 36.09% |
Total Short-Term Liabilities | $16.67B | $16.11B |
YoY Change | 3.46% | 8.01% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $21.86B | $22.53B |
YoY Change | -2.94% | 6.6% |
Other Long-Term Liabilities | $2.357B | $3.484B |
YoY Change | -32.35% | 30.24% |
Total Long-Term Liabilities | $36.82B | $33.51B |
YoY Change | 9.89% | 5.3% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $16.67B | $16.11B |
Total Long-Term Liabilities | $36.82B | $33.51B |
Total Liabilities | $53.49B | $49.62B |
YoY Change | 7.8% | 6.17% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$610.0M | $2.577B |
YoY Change | -123.67% | 258.41% |
Common Stock | $4.928B | $6.250B |
YoY Change | -21.15% | -25.2% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$727.0M | $3.715B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $52.62B | $53.34B |
YoY Change | -1.34% | 4.48% |
Cashflow Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $556.0M | $864.0M |
YoY Change | -35.65% | -9.05% |
Depreciation, Depletion And Amortization | $539.0M | $496.0M |
YoY Change | 8.67% | 11.21% |
Cash From Operating Activities | $1.095B | $1.688B |
YoY Change | -35.13% | -23.72% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$952.0M | -$1.480B |
YoY Change | -35.68% | -1.73% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $873.0M | $86.00M |
YoY Change | 915.12% | -156.95% |
Cash From Investing Activities | -$79.00M | -$1.394B |
YoY Change | -94.33% | -15.87% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $46.00M | $50.00M |
YoY Change | -8.0% | -13.79% |
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -1.111B | -272.0M |
YoY Change | 308.46% | -55.04% |
NET CHANGE | ||
Cash From Operating Activities | 1.095B | 1.688B |
Cash From Investing Activities | -79.00M | -1.394B |
Cash From Financing Activities | -1.111B | -272.0M |
Net Change In Cash | -95.00M | 22.00M |
YoY Change | -531.82% | -144.9% |
FREE CASH FLOW | ||
Cash From Operating Activities | $1.095B | $1.688B |
Capital Expenditures | -$952.0M | -$1.480B |
Free Cash Flow | $2.047B | $3.168B |
YoY Change | -35.39% | -14.82% |
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20585000000 | USD | |
CY2017Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
236000000 | USD |
CY2018Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
233000000 | USD |
CY2017Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
1816000000 | USD |
CY2018Q2 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
1399000000 | USD |
us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
311000000 | USD | |
CY2017Q4 | us-gaap |
Deposits On Flight Equipment
DepositsOnFlightEquipment
|
1217000000 | USD |
CY2018Q2 | us-gaap |
Deposits On Flight Equipment
DepositsOnFlightEquipment
|
1392000000 | USD |
CY2017Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
418000000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
822000000 | USD | |
CY2018Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
463000000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
908000000 | USD | |
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.76 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.42 | ||
CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.22 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.61 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.75 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.41 | ||
CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.22 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.60 | ||
CY2017Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1672000000 | USD |
CY2018Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1299000000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
622000000 | USD |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
643000000 | USD |
CY2017Q4 | us-gaap |
Flight Equipment Gross
FlightEquipmentGross
|
40318000000 | USD |
CY2018Q2 | us-gaap |
Flight Equipment Gross
FlightEquipmentGross
|
40854000000 | USD |
CY2017Q4 | us-gaap |
Frequent Flier Liability Current
FrequentFlierLiabilityCurrent
|
3121000000 | USD |
CY2018Q2 | us-gaap |
Frequent Flier Liability Current
FrequentFlierLiabilityCurrent
|
3191000000 | USD |
CY2017Q4 | us-gaap |
Frequent Flier Liability Noncurrent
FrequentFlierLiabilityNoncurrent
|
5701000000 | USD |
CY2018Q2 | us-gaap |
Frequent Flier Liability Noncurrent
FrequentFlierLiabilityNoncurrent
|
5484000000 | USD |
CY2017Q2 | us-gaap |
Fuel Costs
FuelCosts
|
1510000000 | USD |
us-gaap |
Fuel Costs
FuelCosts
|
2912000000 | USD | |
CY2018Q2 | us-gaap |
Fuel Costs
FuelCosts
|
2103000000 | USD |
us-gaap |
Fuel Costs
FuelCosts
|
3866000000 | USD | |
CY2017Q4 | us-gaap |
Goodwill
Goodwill
|
4091000000 | USD |
CY2018Q2 | us-gaap |
Goodwill
Goodwill
|
4091000000 | USD |
CY2017Q2 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
0 | USD |
us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
0 | USD | |
CY2018Q2 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
26000000 | USD |
us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
26000000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1389000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1924000000 | USD | |
CY2018Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
769000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1042000000 | USD | |
CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
525000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
720000000 | USD | |
CY2018Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
203000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
289000000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
9000000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
13000000 | USD | |
us-gaap |
Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
|
-73000000 | USD | |
us-gaap |
Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
|
-43000000 | USD | |
CY2017Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2147000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3021000 | shares | |
CY2018Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1085000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1693000 | shares | |
CY2017Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
2203000000 | USD |
CY2018Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
2157000000 | USD |
CY2017Q2 | us-gaap |
Interest Expense
InterestExpense
|
263000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
520000000 | USD | |
CY2018Q2 | us-gaap |
Interest Expense
InterestExpense
|
266000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
530000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
516000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
542000000 | USD | |
CY2017Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
24000000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
45000000 | USD | |
CY2018Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
30000000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
55000000 | USD | |
CY2017Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
3037000000 | USD |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
5898000000 | USD | |
CY2018Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
3093000000 | USD |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
6111000000 | USD | |
CY2017Q2 | us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
452000000 | USD |
us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
892000000 | USD | |
CY2018Q2 | us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
490000000 | USD |
us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
952000000 | USD | |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
52785000000 | USD |
CY2018Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
52622000000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
15358000000 | USD |
CY2018Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
16669000000 | USD |
CY2017Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
38207000000 | USD |
CY2018Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
36822000000 | USD |
CY2018Q2 | us-gaap |
Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
|
45000000 | USD |
CY2017Q2 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
0 | USD |
us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
0 | USD | |
CY2018Q2 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
5000000 | USD |
us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
45000000 | USD | |
CY2017Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
22511000000 | USD |
CY2018Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
21863000000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
2554000000 | USD |
CY2018Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
2213000000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-621000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1941000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3264000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1035000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3938000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2883000000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
864000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1204000000 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
566000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
753000000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
864000000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1204000000 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
566000000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
753000000 | USD | |
CY2017Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-210000000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-412000000 | USD | |
CY2018Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-259000000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-417000000 | USD | |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1599000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2336000000 | USD | |
CY2018Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1028000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1459000000 | USD | |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2281000000 | USD |
CY2018Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2401000000 | USD |
CY2017Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
1373000000 | USD |
CY2018Q2 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
1375000000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
9483000000 | USD |
CY2018Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
9022000000 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
0 | USD | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
2000000 | USD |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
0 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-15000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-29000000 | USD | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-15000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-33000000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
15000000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
29000000 | USD | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
17000000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
33000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-10000000 | USD | |
CY2017Q2 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
1224000000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
2403000000 | USD | |
CY2018Q2 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
1326000000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
2587000000 | USD | |
CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
2498000000 | USD |
CY2018Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
2357000000 | USD |
CY2017Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
29000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
63000000 | USD | |
CY2018Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-23000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
58000000 | USD | |
CY2017Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
655000000 | USD |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
1287000000 | USD | |
CY2018Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
708000000 | USD |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
1402000000 | USD | |
CY2017Q2 | us-gaap |
Passenger Revenue
PassengerRevenue
|
10353000000 | USD |
us-gaap |
Passenger Revenue
PassengerRevenue
|
19350000000 | USD | |
CY2018Q2 | us-gaap |
Passenger Revenue
PassengerRevenue
|
10674000000 | USD |
us-gaap |
Passenger Revenue
PassengerRevenue
|
20154000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1013000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
837000000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
39000000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
28000000 | USD | |
CY2018Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
46000000 | USD |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
94000000 | USD | |
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
102000000 | USD | |
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
94000000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
3194000000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1731000000 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
3829000000 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
1184000000 | USD | |
CY2017Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
7497000000 | USD |
CY2018Q2 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
7118000000 | USD |
CY2017Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
651000000 | USD |
CY2018Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
856000000 | USD |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1625000000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
892000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
9000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
11000000 | USD | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
3373000000 | USD | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
1579000000 | USD | |
us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
509000000 | USD | |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
49802000000 | USD |
CY2018Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
51149000000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
34156000000 | USD |
CY2018Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
34424000000 | USD |
CY2017Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
1752000000 | USD |
CY2018Q2 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
1941000000 | USD |
CY2017Q2 | us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
15000000 | USD |
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
29000000 | USD | |
CY2018Q2 | us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
17000000 | USD |
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
33000000 | USD | |
us-gaap |
Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
|
10000000 | USD | |
us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
1101000000 | USD | |
us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
1885000000 | USD | |
CY2017Q4 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
318000000 | USD |
CY2018Q2 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
183000000 | USD |
CY2017Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
103000000 | USD |
CY2018Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
12000000 | USD |
CY2017Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
48000000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
111000000 | USD | |
CY2018Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
83000000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
166000000 | USD | |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1345000000 | USD |
CY2018Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-610000000 | USD |
CY2017Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
11227000000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
21047000000 | USD | |
CY2018Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
11643000000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
22044000000 | USD | |
CY2017Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
376000000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
694000000 | USD | |
CY2018Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
385000000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
742000000 | USD | |
CY2018Q2 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
13000000000 | USD |
CY2018Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
1700000000 | USD |
us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
278900000 | shares | |
CY2018Q2 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
8200000 | shares |
us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
16600000 | shares | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
11300000000 | USD | |
CY2018Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
350000000 | USD |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
800000000 | USD | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-780000000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-869000000 | USD |
us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
40.69 | ||
CY2018Q2 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
42.81 | |
us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
48.15 | ||
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
492965000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
500381000 | shares | |
CY2018Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
464618000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
469608000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
490818000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
497360000 | shares | |
CY2018Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
463533000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
467915000 | shares |