$ALK
ALASKA AIR GROUP, INC.

2017 Q4 Form 10-Q Financial Statement

#000076642117000068 Filed on November 02, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q4
Revenue $1.942B $2.110B $1.518B
YoY Change 27.93% 34.74% 10.24%
Cost Of Revenue $881.0M $811.0M $553.0M
YoY Change 59.31% 55.36% 30.12%
Gross Profit $1.061B $1.299B $965.0M
YoY Change 9.95% 24.43% 1.37%
Gross Profit Margin 54.63% 61.56% 63.57%
Selling, General & Admin $662.0M $609.0M $504.0M
YoY Change 31.35% 41.96% 4.13%
% of Gross Profit 62.39% 46.88% 52.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $97.00M $95.00M $82.00M
YoY Change 18.29% -5.94% -2.38%
% of Gross Profit 9.14% 7.31% 8.5%
Operating Expenses $900.0M $1.683B $686.0M
YoY Change 31.2% 44.34% 3.16%
Operating Profit $161.0M $427.0M $279.0M
YoY Change -42.29% 6.75% -2.79%
Interest Expense -$7.000M $26.00M -$11.00M
YoY Change -36.36% 136.36% -375.0%
% of Operating Profit -4.35% 6.09% -3.94%
Other Income/Expense, Net $2.000M -$10.00M $15.00M
YoY Change -86.67% -600.0%
Pretax Income $126.0M $417.0M $202.0M
YoY Change -37.62% 3.73% -22.01%
Income Tax $48.00M $158.0M $105.0M
% Of Pretax Income 38.1% 37.89% 51.98%
Net Earnings $315.0M $259.0M $97.00M
YoY Change 224.74% 1.17% -49.21%
Net Earnings / Revenue 16.22% 12.27% 6.39%
Basic Earnings Per Share $2.10
Diluted Earnings Per Share $2.574M $2.09 $779.7K
COMMON SHARES
Basic Shares Outstanding 123.0M shares 123.5M shares 123.3M shares
Diluted Shares Outstanding 124.2M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.621B $1.740B $1.580B
YoY Change 2.59% -46.06% 18.98%
Cash & Equivalents $194.0M $144.0M $328.0M
Short-Term Investments $1.427B $1.596B $1.252B
Other Short-Term Assets $133.0M $116.0M $121.0M
YoY Change 9.92% 18.37% 68.06%
Inventory $57.00M $57.00M $47.00M
Prepaid Expenses
Receivables $341.0M $301.0M $302.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.152B $2.214B $2.050B
YoY Change 4.98% -38.5% 23.27%
LONG-TERM ASSETS
Property, Plant & Equipment $6.284B $6.230B $5.666B
YoY Change 10.91% 23.83% 17.99%
Goodwill $1.943B $1.934B $1.934B
YoY Change 0.47%
Intangibles $133.0M $135.0M $143.0M
YoY Change -6.99%
Long-Term Investments
YoY Change
Other Assets $234.0M $226.0M $169.0M
YoY Change 38.46% 232.35% 160.0%
Total Long-Term Assets $8.594B $8.525B $7.912B
YoY Change 8.62% 67.19% 62.56%
TOTAL ASSETS
Total Short-Term Assets $2.152B $2.214B $2.050B
Total Long-Term Assets $8.594B $8.525B $7.912B
Total Assets $10.75B $10.74B $9.962B
YoY Change 7.87% 23.45% 52.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $120.0M $97.00M $92.00M
YoY Change 30.43% 36.62% 46.03%
Accrued Expenses $400.0M $886.0M $878.0M
YoY Change -54.44% 20.54% 32.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $307.0M $334.0M $319.0M
YoY Change -3.76% 21.45% 179.82%
Total Short-Term Liabilities $2.686B $2.765B $2.535B
YoY Change 5.96% 30.24% 40.44%
LONG-TERM LIABILITIES
Long-Term Debt $2.262B $2.367B $2.645B
YoY Change -14.48% 27.19% 364.85%
Other Long-Term Liabilities $425.0M $429.0M $417.0M
YoY Change 1.92% 20.85% 15.19%
Total Long-Term Liabilities $2.338B $2.116B $1.851B
YoY Change 26.31% 14.32% 6.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.686B $2.765B $2.535B
Total Long-Term Liabilities $2.338B $2.116B $1.851B
Total Liabilities $5.024B $4.881B $4.386B
YoY Change 14.55% 22.82% 23.55%
SHAREHOLDERS EQUITY
Retained Earnings $4.193B $4.117B $3.568B
YoY Change 17.52% 18.03% 23.46%
Common Stock $165.0M $157.0M $111.0M
YoY Change 48.65% 50.96% 50.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $518.0M $494.0M $443.0M
YoY Change 16.93% 11.26% 77.2%
Treasury Stock Shares 6.843M shares 6.474M shares 5.862M shares
Shareholders Equity $3.460B $3.491B $2.744B
YoY Change
Total Liabilities & Shareholders Equity $10.75B $10.74B $9.962B
YoY Change 7.87% 23.45% 52.56%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q4
OPERATING ACTIVITIES
Net Income $315.0M $259.0M $97.00M
YoY Change 224.74% 1.17% -49.21%
Depreciation, Depletion And Amortization $97.00M $95.00M $82.00M
YoY Change 18.29% -5.94% -2.38%
Cash From Operating Activities $233.0M $273.0M $180.0M
YoY Change 29.44% -11.07% -49.3%
INVESTING ACTIVITIES
Capital Expenditures -$185.0M -$329.0M -$169.0M
YoY Change 9.47% 94.67% 4.32%
Acquisitions
YoY Change
Other Investing Activities $198.0M $158.0M -$1.812B
YoY Change -110.93% 33.9% 4319.51%
Cash From Investing Activities $13.00M -$171.0M -$1.981B
YoY Change -100.66% 235.29% 875.86%
FINANCING ACTIVITIES
Cash Dividend Paid $37.00M
YoY Change 8.82%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -193.0M -156.0M 311.0M
YoY Change -162.06% -110.53% -286.23%
NET CHANGE
Cash From Operating Activities 233.0M 273.0M 180.0M
Cash From Investing Activities 13.00M -171.0M -1.981B
Cash From Financing Activities -193.0M -156.0M 311.0M
Net Change In Cash 53.00M -54.00M -1.490B
YoY Change -103.56% -103.11% 9833.33%
FREE CASH FLOW
Cash From Operating Activities $233.0M $273.0M $180.0M
Capital Expenditures -$185.0M -$329.0M -$169.0M
Free Cash Flow $418.0M $602.0M $349.0M
YoY Change 19.77% 26.47% -32.5%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
1000000 USD
CY2017Q3 alk Airline Capacity Purchase Arrangements Carriers
AirlineCapacityPurchaseArrangementsCarriers
3 carriers
CY2017Q3 alk Airline Capacity Purchase Arrangements Percent
AirlineCapacityPurchaseArrangementsPercent
1
CY2017Q3 alk Line Of Credit Facility Asset Restrictions Unrestricted Cash And Marketable Securities
LineOfCreditFacilityAssetRestrictionsUnrestrictedCashAndMarketableSecurities
500000000 USD
CY2017Q3 alk Line Of Credit Facility Number Of Credit Facilities
LineOfCreditFacilityNumberOfCreditFacilities
3 credit_facility
CY2016Q4 alk Numberof Daily Departures
NumberofDailyDepartures
1200 departures
CY2016Q3 alk Operating Expenses Excluding Fuel
OperatingExpensesExcludingFuel
941000000 USD
alk Operating Expenses Excluding Fuel
OperatingExpensesExcludingFuel
2706000000 USD
CY2017Q3 alk Operating Expenses Excluding Fuel
OperatingExpensesExcludingFuel
1313000000 USD
alk Operating Expenses Excluding Fuel
OperatingExpensesExcludingFuel
3822000000 USD
CY2016Q3 alk Other Netand Special Revenue
OtherNetandSpecialRevenue
213000000 USD
alk Other Netand Special Revenue
OtherNetandSpecialRevenue
607000000 USD
CY2017Q3 alk Other Netand Special Revenue
OtherNetandSpecialRevenue
264000000 USD
alk Other Netand Special Revenue
OtherNetandSpecialRevenue
768000000 USD
CY2016Q3 alk Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
6000000 USD
alk Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
19000000 USD
CY2017Q3 alk Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
5000000 USD
alk Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
12000000 USD
CY2016Q3 alk Regional Carrier Expense
RegionalCarrierExpense
25000000 USD
alk Regional Carrier Expense
RegionalCarrierExpense
72000000 USD
CY2017Q3 alk Regional Carrier Expense
RegionalCarrierExpense
30000000 USD
alk Regional Carrier Expense
RegionalCarrierExpense
84000000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Period End Date
DocumentPeriodEndDate
2017-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000766421
CY2017Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
123044897 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
ALASKA AIR GROUP, INC.
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
92000000 USD
CY2017Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
97000000 USD
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
878000000 USD
CY2017Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
886000000 USD
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2929000000 USD
CY2017Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3078000000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-3000000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-3000000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-2000000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
299000000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
287000000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-305000000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-289000000 USD
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
110000000 USD
CY2017Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
156000000 USD
CY2016Q3 us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
64000000 USD
us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
197000000 USD
CY2017Q3 us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
88000000 USD
us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
271000000 USD
CY2016Q3 us-gaap Aircraft Rental
AircraftRental
25000000 USD
us-gaap Aircraft Rental
AircraftRental
80000000 USD
CY2017Q3 us-gaap Aircraft Rental
AircraftRental
70000000 USD
us-gaap Aircraft Rental
AircraftRental
204000000 USD
CY2016Q4 us-gaap Assets
Assets
9962000000 USD
CY2017Q3 us-gaap Assets
Assets
10739000000 USD
CY2016Q4 us-gaap Assets Current
AssetsCurrent
2050000000 USD
CY2017Q3 us-gaap Assets Current
AssetsCurrent
2214000000 USD
CY2017Q3 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
1600000000 USD
CY2017Q3 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
1596000000 USD
CY2017Q3 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
1596000000 USD
CY2017Q3 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis
193000000 USD
CY2017Q3 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
193000000 USD
CY2017Q3 us-gaap Available For Sale Securities Debt Maturities Rolling After Year Ten Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis
0 USD
CY2017Q3 us-gaap Available For Sale Securities Debt Maturities Rolling After Year Ten Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue
0 USD
CY2017Q3 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis
36000000 USD
CY2017Q3 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue
36000000 USD
CY2017Q3 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis
1367000000 USD
CY2017Q3 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
1367000000 USD
CY2016Q3 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
280000000 USD
us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
638000000 USD
CY2017Q3 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
528000000 USD
us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
1069000000 USD
CY2016Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
22000000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
36000000 USD
CY2017Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
24000000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
88000000 USD
CY2016Q3 us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
31000000 USD
us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
82000000 USD
CY2017Q3 us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
32000000 USD
us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
88000000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73000000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1818000000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
328000000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
144000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1745000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-184000000 USD
CY2016Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
1580000000 USD
CY2017Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
1740000000 USD
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.275
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.825
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.9
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
129189634 shares
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
129860836 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
123328051 shares
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
123387158 shares
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
1000000 USD
CY2017Q3 us-gaap Common Stock Value
CommonStockValue
1000000 USD
CY2016Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
259000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
719000000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
270000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
676000000 USD
CY2016Q4 us-gaap Debt Current
DebtCurrent
319000000 USD
CY2017Q3 us-gaap Debt Current
DebtCurrent
334000000 USD
CY2017Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2714000000 USD
CY2016Q4 us-gaap Deferred Air Traffic Revenue
DeferredAirTrafficRevenue
849000000 USD
CY2017Q3 us-gaap Deferred Air Traffic Revenue
DeferredAirTrafficRevenue
1103000000 USD
CY2016Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
18000000 USD
CY2017Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
16000000 USD
CY2016Q4 us-gaap Deferred Revenue
DeferredRevenue
640000000 USD
CY2017Q3 us-gaap Deferred Revenue
DeferredRevenue
682000000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
463000000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
682000000 USD
CY2016Q4 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
545000000 USD
CY2017Q3 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
531000000 USD
CY2016Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
101000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
281000000 USD
CY2017Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
95000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
275000000 USD
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.66
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.35
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.63
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.31
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
397000000 USD
CY2017Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
345000000 USD
CY2016Q4 us-gaap Flight Equipment Gross
FlightEquipmentGross
6947000000 USD
CY2017Q3 us-gaap Flight Equipment Gross
FlightEquipmentGross
7590000000 USD
CY2016Q3 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
31000000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
93000000 USD
CY2017Q3 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
50000000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
145000000 USD
CY2016Q3 us-gaap Fuel Costs
FuelCosts
225000000 USD
us-gaap Fuel Costs
FuelCosts
593000000 USD
CY2017Q3 us-gaap Fuel Costs
FuelCosts
368000000 USD
us-gaap Fuel Costs
FuelCosts
1051000000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
1934000000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
1934000000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
402000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1114000000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
427000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1058000000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
146000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
414000000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
161000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
397000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
321000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
129000000 USD
us-gaap Increase Decrease In Air Traffic Liability1
IncreaseDecreaseInAirTrafficLiability1
116000000 USD
us-gaap Increase Decrease In Air Traffic Liability1
IncreaseDecreaseInAirTrafficLiability1
254000000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-47000000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-217000000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
60000000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
46000000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
143000000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
135000000 USD
CY2016Q3 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
6000000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
21000000 USD
CY2017Q3 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
5000000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
13000000 USD
CY2017Q3 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.043
CY2016Q3 us-gaap Interest Expense
InterestExpense
11000000 USD
us-gaap Interest Expense
InterestExpense
33000000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
26000000 USD
us-gaap Interest Expense
InterestExpense
77000000 USD
us-gaap Interest Paid Net
InterestPaidNet
12000000 USD
us-gaap Interest Paid Net
InterestPaidNet
68000000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
47000000 USD
CY2017Q3 us-gaap Inventory Net
InventoryNet
57000000 USD
CY2016Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
7000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
20000000 USD
CY2017Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
9000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
25000000 USD
CY2016Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
340000000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
1008000000 USD
CY2017Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
475000000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
1392000000 USD
CY2016Q3 us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
89000000 USD
us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
232000000 USD
CY2017Q3 us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
124000000 USD
us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
338000000 USD
CY2016Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
82000000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
226000000 USD
CY2017Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
145000000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
406000000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9962000000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10739000000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2535000000 USD
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
2765000000 USD
CY2016Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1851000000 USD
CY2017Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
2116000000 USD
CY2017Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
475000000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
2964000000 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
2701000000 USD
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
319000000 USD
CY2017Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
334000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1016000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
422000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
449000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
422000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
350000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
55000000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2645000000 USD
CY2017Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2367000000 USD
CY2016Q4 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
CY2017Q3 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.026
CY2016Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
1252000000 USD
CY2017Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
1596000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1180000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-399000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-641000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1142000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1206000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1357000000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
256000000 USD
us-gaap Net Income Loss
NetIncomeLoss
700000000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
266000000 USD
us-gaap Net Income Loss
NetIncomeLoss
661000000 USD
CY2016Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
6000000 USD
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-40000000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
1166000000 USD
us-gaap Operating Expenses
OperatingExpenses
3299000000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
1681000000 USD
us-gaap Operating Expenses
OperatingExpenses
4873000000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
400000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1108000000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
439000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1098000000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
2246000000 USD
CY2017Q3 us-gaap Other Assets
OtherAssets
2295000000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
169000000 USD
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
226000000 USD
CY2016Q3 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
10000000 USD
CY2017Q3 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
3000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
6000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
2000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
1000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-1000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
1000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
19000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
15000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-5000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-15000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-5000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-16000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-4000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-10000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-3000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-11000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
1000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
1000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-4000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-2000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-4000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1000000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
5000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
2000000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
5000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
1000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-6000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-2000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-2000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
17000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
5000000 USD
CY2016Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
92000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
267000000 USD
CY2017Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
150000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
424000000 USD
CY2016Q3 us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
31000000 USD
us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
95000000 USD
CY2017Q3 us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
40000000 USD
us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
98000000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
417000000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
429000000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2000000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-17000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-139000000 USD
CY2016Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
213000000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
607000000 USD
CY2017Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
264000000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
768000000 USD
CY2016Q3 us-gaap Passenger Revenue
PassengerRevenue
1322000000 USD
us-gaap Passenger Revenue
PassengerRevenue
3718000000 USD
CY2017Q3 us-gaap Passenger Revenue
PassengerRevenue
1824000000 USD
us-gaap Passenger Revenue
PassengerRevenue
5115000000 USD
CY2016Q3 us-gaap Passenger Revenue Mainline
PassengerRevenueMainline
1073000000 USD
us-gaap Passenger Revenue Mainline
PassengerRevenueMainline
3036000000 USD
CY2017Q3 us-gaap Passenger Revenue Mainline
PassengerRevenueMainline
1562000000 USD
us-gaap Passenger Revenue Mainline
PassengerRevenueMainline
4390000000 USD
CY2016Q3 us-gaap Passenger Revenue Regional
PassengerRevenueRegional
249000000 USD
us-gaap Passenger Revenue Regional
PassengerRevenueRegional
682000000 USD
CY2017Q3 us-gaap Passenger Revenue Regional
PassengerRevenueRegional
262000000 USD
us-gaap Passenger Revenue Regional
PassengerRevenueRegional
725000000 USD
us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
408000000 USD
us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
679000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-5000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-38000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
193000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
50000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
102000000 USD
CY2017Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
37000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
111000000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
775000000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
1408000000 USD
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
35000000 USD
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
70000000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
66000000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
92000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
509000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
841000000 USD
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
331000000 USD
CY2017Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
323000000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
121000000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
124220000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
124341000 shares
CY2017Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
116000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
1546000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
22000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
27000000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
638000000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
1069000000 USD
CY2016Q3 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
63000000 USD
us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
183000000 USD
CY2017Q3 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
76000000 USD
us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
234000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8595000000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9308000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5666000000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6230000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
1103000000 USD
CY2017Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
1187000000 USD
CY2016Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
302000000 USD
CY2017Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
301000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
93000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
265000000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3568000000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4117000000 USD
CY2016Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
CY2017Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1566000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
4407000000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
2120000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
5971000000 USD
CY2016Q3 us-gaap Selling Expense
SellingExpense
58000000 USD
us-gaap Selling Expense
SellingExpense
162000000 USD
CY2017Q3 us-gaap Selling Expense
SellingExpense
91000000 USD
us-gaap Selling Expense
SellingExpense
269000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
19000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
43000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
2931000000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
3491000000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
5861583 shares
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
6473678 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
443000000 USD
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
494000000 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
123833000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
124393000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123149000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123648000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123467000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123501000 shares

Files In Submission

Name View Source Status
0000766421-17-000068-index-headers.html Edgar Link pending
0000766421-17-000068-index.html Edgar Link pending
0000766421-17-000068.txt Edgar Link pending
0000766421-17-000068-xbrl.zip Edgar Link pending
alk-20170930.xml Edgar Link completed
alk-20170930.xsd Edgar Link pending
alk-20170930_cal.xml Edgar Link unprocessable
alk-20170930_def.xml Edgar Link unprocessable
alk-20170930_lab.xml Edgar Link unprocessable
alk-20170930_pre.xml Edgar Link unprocessable
alk10-q32017.htm Edgar Link pending
alk10-q32017ex311.htm Edgar Link pending
alk10-q32017ex312.htm Edgar Link pending
alk10-q32017ex321.htm Edgar Link pending
alk10-q32017ex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending