2017 Q1 Form 10-Q Financial Statement
#000076642117000029 Filed on May 05, 2017
Income Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
Revenue | $1.740B | $1.347B |
YoY Change | 29.18% | |
Cost Of Revenue | $56.00M | $458.0M |
YoY Change | -87.77% | -5.95% |
Gross Profit | $1.684B | $889.0M |
YoY Change | 89.43% | 13.68% |
Gross Profit Margin | 96.78% | 66.0% |
Selling, General & Admin | $564.0M | $417.0M |
YoY Change | 35.25% | 8.31% |
% of Gross Profit | 33.49% | 46.91% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $90.00M | $88.00M |
YoY Change | 2.27% | 15.79% |
% of Gross Profit | 5.34% | 9.9% |
Operating Expenses | $1.583B | $1.057B |
YoY Change | 49.76% | 2.52% |
Operating Profit | $157.0M | $290.0M |
YoY Change | -45.86% | 21.85% |
Interest Expense | $25.00M | $13.00M |
YoY Change | 92.31% | 18.18% |
% of Operating Profit | 15.92% | 4.48% |
Other Income/Expense, Net | -$15.00M | $2.000M |
YoY Change | -850.0% | 0.0% |
Pretax Income | $142.0M | $292.0M |
YoY Change | -51.37% | 21.67% |
Income Tax | $49.00M | $108.0M |
% Of Pretax Income | 34.51% | 36.99% |
Net Earnings | $93.00M | $184.0M |
YoY Change | -49.46% | 23.49% |
Net Earnings / Revenue | 5.34% | 13.66% |
Basic Earnings Per Share | $0.75 | $1.47 |
Diluted Earnings Per Share | $0.75 | $1.46 |
COMMON SHARES | ||
Basic Shares Outstanding | 123.5M shares | 124.6M shares |
Diluted Shares Outstanding | 124.3M shares | 125.3M shares |
Balance Sheet
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $1.710B | $1.564B |
YoY Change | 9.34% | 19.21% |
Cash & Equivalents | $183.0M | $78.00M |
Short-Term Investments | $1.527B | $1.486B |
Other Short-Term Assets | $132.0M | $79.00M |
YoY Change | 67.09% | -64.89% |
Inventory | $50.00M | $45.00M |
Prepaid Expenses | ||
Receivables | $321.0M | $235.0M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $2.213B | $1.923B |
YoY Change | 15.08% | 8.28% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $5.809B | $4.830B |
YoY Change | 20.27% | 7.4% |
Goodwill | $1.942B | |
YoY Change | ||
Intangibles | $139.0M | |
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $199.0M | $76.00M |
YoY Change | 161.84% | -44.53% |
Total Long-Term Assets | $8.089B | $4.906B |
YoY Change | 64.88% | 5.87% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.213B | $1.923B |
Total Long-Term Assets | $8.089B | $4.906B |
Total Assets | $10.30B | $6.829B |
YoY Change | 50.86% | 6.54% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $95.00M | $63.00M |
YoY Change | 50.79% | 10.53% |
Accrued Expenses | $909.0M | $809.0M |
YoY Change | 12.36% | 10.67% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $332.0M | $116.0M |
YoY Change | 186.21% | -1.69% |
Total Short-Term Liabilities | $2.835B | $2.069B |
YoY Change | 37.02% | 10.05% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $2.531B | $531.0M |
YoY Change | 376.65% | -18.31% |
Other Long-Term Liabilities | $438.0M | $359.0M |
YoY Change | 22.01% | 8.13% |
Total Long-Term Liabilities | $1.922B | $1.774B |
YoY Change | 8.34% | 3.5% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.835B | $2.069B |
Total Long-Term Liabilities | $1.922B | $1.774B |
Total Liabilities | $4.757B | $3.843B |
YoY Change | 23.78% | 6.93% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $3.629B | $3.039B |
YoY Change | 19.41% | 34.11% |
Common Stock | $127.0M | $87.00M |
YoY Change | 45.98% | -58.96% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $443.0M | $377.0M |
YoY Change | 17.51% | 5285.71% |
Treasury Stock Shares | 5.862M shares | 4.988M shares |
Shareholders Equity | $3.014B | $2.455B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $10.30B | $6.829B |
YoY Change | 50.86% | 6.54% |
Cashflow Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $93.00M | $184.0M |
YoY Change | -49.46% | 23.49% |
Depreciation, Depletion And Amortization | $90.00M | $88.00M |
YoY Change | 2.27% | 15.79% |
Cash From Operating Activities | $470.0M | $525.0M |
YoY Change | -10.48% | 2.14% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $216.0M | $119.0M |
YoY Change | 81.51% | -57.35% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | -$1.000M |
YoY Change | -100.0% | -50.0% |
Cash From Investing Activities | -$488.0M | -$336.0M |
YoY Change | 45.24% | -20.19% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $37.00M | $34.00M |
YoY Change | 8.82% | 30.77% |
Common Stock Issuance & Retirement, Net | $0.00 | $127.0M |
YoY Change | -100.0% | 24.51% |
Debt Paid & Issued, Net | $101.0M | $36.00M |
YoY Change | 180.56% | 2.86% |
Cash From Financing Activities | -$127.0M | -$184.0M |
YoY Change | -30.98% | 23.49% |
NET CHANGE | ||
Cash From Operating Activities | $470.0M | $525.0M |
Cash From Investing Activities | -$488.0M | -$336.0M |
Cash From Financing Activities | -$127.0M | -$184.0M |
Net Change In Cash | -$145.0M | $5.000M |
YoY Change | -3000.0% | -108.93% |
FREE CASH FLOW | ||
Cash From Operating Activities | $470.0M | $525.0M |
Capital Expenditures | $216.0M | $119.0M |
Free Cash Flow | $254.0M | $406.0M |
YoY Change | -37.44% | 72.77% |
Facts In Submission
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---|---|---|---|---|
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Airline Capacity Purchase Arrangements Carriers
AirlineCapacityPurchaseArrangementsCarriers
|
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Line Of Credit Facility Asset Restrictions Unrestricted Cash And Marketable Securities
LineOfCreditFacilityAssetRestrictionsUnrestrictedCashAndMarketableSecurities
|
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CY2017Q1 | alk |
Line Of Credit Facility Number Of Credit Facilities
LineOfCreditFacilityNumberOfCreditFacilities
|
3 | credit_facility |
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Numberof Daily Departures
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|
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Operating Expenses Excluding Fuel
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|
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Operating Expenses Excluding Fuel
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|
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Other Netand Special Revenue
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Other Netand Special Revenue
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Other Nonoperating Income Expense Other
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|
9000000 | USD |
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Other Nonoperating Income Expense Other
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Regional Carrier Expense
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23000000 | USD |
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Regional Carrier Expense
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CY2017Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
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Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
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Document Fiscal Period Focus
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|
Q1 | |
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Document Fiscal Year Focus
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|
2017 | |
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Document Period End Date
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|
2017-03-31 | |
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Document Type
DocumentType
|
10-Q | |
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Entity Registrant Name
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Accrued Liabilities Current
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Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
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Business Combination Acquisition Related Costs
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Earnings Per Share Basic
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Earnings Per Share Diluted
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Earnings Per Share Diluted
EarningsPerShareDiluted
|
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Employee Related Liabilities Current
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Flight Equipment Gross
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Food And Beverage Cost Of Sales
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Food And Beverage Cost Of Sales
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Fuel Costs
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Fuel Costs
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Goodwill
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|
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Goodwill
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|
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Income Tax Expense Benefit
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CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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53000000 | USD |
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Income Taxes Paid Net
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13000000 | USD |
CY2017Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
2000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Air Traffic Liability1
IncreaseDecreaseInAirTrafficLiability1
|
199000000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Air Traffic Liability1
IncreaseDecreaseInAirTrafficLiability1
|
369000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
8000000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-48000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
36000000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
1000000 | USD |
CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
143000000 | USD |
CY2016Q1 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
8000000 | USD |
CY2017Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
139000000 | USD |
CY2017Q1 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
4000000 | USD |
CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
13000000 | USD |
CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
25000000 | USD |
CY2016Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
8000000 | USD |
CY2017Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
26000000 | USD |
CY2016Q4 | us-gaap |
Inventory Net
InventoryNet
|
47000000 | USD |
CY2017Q1 | us-gaap |
Inventory Net
InventoryNet
|
50000000 | USD |
CY2016Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
6000000 | USD |
CY2017Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
7000000 | USD |
CY2016Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
336000000 | USD |
CY2017Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
448000000 | USD |
CY2016Q1 | us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
80000000 | USD |
CY2017Q1 | us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
115000000 | USD |
CY2016Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
81000000 | USD |
CY2017Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
138000000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9962000000 | USD |
CY2017Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
10302000000 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2535000000 | USD |
CY2017Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2835000000 | USD |
CY2016Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1851000000 | USD |
CY2017Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1922000000 | USD |
CY2017Q1 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
302000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
2964000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
2863000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
319000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
332000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
1015000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
422000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
449000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
422000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
350000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
219000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2645000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2531000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
|
0.044 | |
CY2017Q1 | us-gaap |
Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
|
0.044 | |
CY2016Q4 | us-gaap |
Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
|
0.024 | |
CY2017Q1 | us-gaap |
Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
|
0.025 | |
CY2016Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
1252000000 | USD |
CY2017Q1 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
1527000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-184000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-127000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-336000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-488000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
525000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
470000000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
184000000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
99000000 | USD |
CY2016Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2000000 | USD |
CY2017Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-14000000 | USD |
CY2017Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment |
CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
1057000000 | USD |
CY2017Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
1583000000 | USD |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
290000000 | USD |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
166000000 | USD |
CY2016Q4 | us-gaap |
Other Assets
OtherAssets
|
2246000000 | USD |
CY2017Q1 | us-gaap |
Other Assets
OtherAssets
|
2280000000 | USD |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
169000000 | USD |
CY2017Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
199000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
8000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
2000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
4000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
1000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-2000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
0 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
|
-2000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
|
1000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
9000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
6000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
-5000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
-6000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-3000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-4000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
|
-1000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
|
0 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
2000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
2000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
-5000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
1000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
12000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
3000000 | USD |
CY2016Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
94000000 | USD |
CY2017Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
134000000 | USD |
CY2016Q1 | us-gaap |
Other Labor Related Expenses
OtherLaborRelatedExpenses
|
32000000 | USD |
CY2017Q1 | us-gaap |
Other Labor Related Expenses
OtherLaborRelatedExpenses
|
31000000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
417000000 | USD |
CY2017Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
438000000 | USD |
CY2016Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1000000 | USD |
CY2017Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | USD |
CY2016Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
17000000 | USD |
CY2017Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-150000000 | USD |
CY2016Q1 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
190000000 | USD |
CY2017Q1 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
241000000 | USD |
CY2016Q1 | us-gaap |
Passenger Revenue
PassengerRevenue
|
1133000000 | USD |
CY2017Q1 | us-gaap |
Passenger Revenue
PassengerRevenue
|
1484000000 | USD |
CY2016Q1 | us-gaap |
Passenger Revenue Mainline
PassengerRevenueMainline
|
927000000 | USD |
CY2017Q1 | us-gaap |
Passenger Revenue Mainline
PassengerRevenueMainline
|
1272000000 | USD |
CY2016Q1 | us-gaap |
Passenger Revenue Regional
PassengerRevenueRegional
|
206000000 | USD |
CY2017Q1 | us-gaap |
Passenger Revenue Regional
PassengerRevenueRegional
|
212000000 | USD |
CY2016Q1 | us-gaap |
Payments For Flight Equipment
PaymentsForFlightEquipment
|
91000000 | USD |
CY2017Q1 | us-gaap |
Payments For Flight Equipment
PaymentsForFlightEquipment
|
160000000 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
3568000000 | USD |
CY2016Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-1000000 | USD |
CY2017Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | USD |
CY2016Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
127000000 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2016Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
34000000 | USD |
CY2017Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
37000000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
358000000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
557000000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
15000000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
20000000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
13000000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
36000000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
119000000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
216000000 | USD |
CY2016Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
331000000 | USD |
CY2017Q1 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
334000000 | USD |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
121000000 | USD |
CY2017Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
132000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
13000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
11000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
140000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
285000000 | USD |
CY2016Q1 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
60000000 | USD |
CY2017Q1 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
81000000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
8595000000 | USD |
CY2017Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
8817000000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5666000000 | USD |
CY2017Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5809000000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
1103000000 | USD |
CY2017Q1 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
1139000000 | USD |
CY2016Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
302000000 | USD |
CY2017Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
321000000 | USD |
CY2016Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
36000000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
101000000 | USD |
CY2017Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
3629000000 | USD |
CY2016Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
0 | USD |
CY2017Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
0 | USD |
CY2016Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1347000000 | USD |
CY2017Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1749000000 | USD |
CY2016Q1 | us-gaap |
Selling Expense
SellingExpense
|
49000000 | USD |
CY2017Q1 | us-gaap |
Selling Expense
SellingExpense
|
81000000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9000000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
13000000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2931000000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3014000000 | USD |
CY2016Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5861583 | shares |
CY2017Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5861583 | shares |
CY2016Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
443000000 | USD |
CY2017Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
443000000 | USD |
CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
125328000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
124299000 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
124550000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
123495000 | shares |