$ALK
ALASKA AIR GROUP, INC. Stock $alk

$alk Overview Financials Valuation SEC Filings Company Website

2018 Q4 Form 10-Q Financial Statement

#000076642118000058 Filed on November 02, 2018

Income Statement

Concept	2018 Q4	2018 Q3	2017 Q4
Revenue	$2.064B	$2.212B	$1.942B
YoY Change	6.28%	4.83%	27.93%
Cost Of Revenue	$1.003B	$993.0M	$881.0M
YoY Change	13.85%	22.44%	59.31%
Gross Profit	$1.061B	$1.219B	$1.061B
YoY Change	0.0%	-6.16%	9.95%
Gross Profit Margin	51.41%	55.11%	54.63%
Selling, General & Admin	$685.0M	$655.0M	$662.0M
YoY Change	3.47%	7.55%	31.35%
% of Gross Profit	64.56%	53.73%	62.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$108.0M	$99.00M	$97.00M
YoY Change	11.34%	4.21%	18.29%
% of Gross Profit	10.18%	8.12%	9.14%
Operating Expenses	$942.0M	$1.915B	$900.0M
YoY Change	4.67%	13.78%	31.2%
Operating Profit	$119.0M	$297.0M	$161.0M
YoY Change	-26.09%	-30.44%	-42.29%
Interest Expense	-$40.00M	$22.00M	-$7.000M
YoY Change	471.43%	-15.38%	-36.36%
% of Operating Profit	-33.61%	7.41%	-4.35%
Other Income/Expense, Net	-$3.000M	-$13.00M	$2.000M
YoY Change	-250.0%	30.0%	-86.67%
Pretax Income	$36.00M	$284.0M	$126.0M
YoY Change	-71.43%	-31.89%	-37.62%
Income Tax	$13.00M	$67.00M	$48.00M
% Of Pretax Income	36.11%	23.59%	38.1%
Net Earnings	$23.00M	$217.0M	$315.0M
YoY Change	-92.7%	-16.22%	224.74%
Net Earnings / Revenue	1.11%	9.81%	16.22%
Basic Earnings Per Share		$1.76
Diluted Earnings Per Share	$184.7K	$1.75	$2.574M
COMMON SHARES
Basic Shares Outstanding	123.3M shares	123.2M shares	123.0M shares
Diluted Shares Outstanding		123.9M shares

Balance Sheet

Concept	2018 Q4	2018 Q3	2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.236B	$1.397B	$1.621B
YoY Change	-23.75%	-19.71%	2.59%
Cash & Equivalents	$105.0M	$174.0M	$194.0M
Short-Term Investments	$1.131B	$1.223B	$1.427B
Other Short-Term Assets	$125.0M	$180.0M	$133.0M
YoY Change	-6.02%	55.17%	9.92%
Inventory	$60.00M	$57.00M	$57.00M
Prepaid Expenses
Receivables	$366.0M	$422.0M	$341.0M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.787B	$2.056B	$2.152B
YoY Change	-16.96%	-7.14%	4.98%
LONG-TERM ASSETS
Property, Plant & Equipment	$6.781B	$6.495B	$6.284B
YoY Change	7.91%	4.25%	10.91%
Goodwill	$1.943B	$1.943B	$1.943B
YoY Change	0.0%	0.47%	0.47%
Intangibles	$127.0M	$128.0M	$133.0M
YoY Change	-4.51%	-5.19%	-6.99%
Long-Term Investments
YoY Change
Other Assets	$274.0M	$271.0M	$234.0M
YoY Change	17.09%	19.91%	38.46%
Total Long-Term Assets	$9.125B	$8.837B	$8.594B
YoY Change	6.18%	3.66%	8.62%
TOTAL ASSETS
Total Short-Term Assets	$1.787B	$2.056B	$2.152B
Total Long-Term Assets	$9.125B	$8.837B	$8.594B
Total Assets	$10.91B	$10.89B	$10.75B
YoY Change	1.54%	1.43%	7.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$132.0M	$114.0M	$120.0M
YoY Change	10.0%	17.53%	30.43%
Accrued Expenses	$416.0M	$452.0M	$400.0M
YoY Change	4.0%	-48.98%	-54.44%
Deferred Revenue	$788.0M
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$486.0M	$345.0M	$307.0M
YoY Change	58.31%	3.29%	-3.76%
Total Short-Term Liabilities	$2.942B	$2.888B	$2.686B
YoY Change	9.53%	4.45%	5.96%
LONG-TERM LIABILITIES
Long-Term Debt	$1.617B	$1.684B	$2.262B
YoY Change	-28.51%	-28.86%	-14.48%
Other Long-Term Liabilities	$418.0M	$428.0M	$425.0M
YoY Change	-1.65%	-0.23%	1.92%
Total Long-Term Liabilities	$2.602B	$2.530B	$2.338B
YoY Change	11.29%	19.57%	26.31%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.942B	$2.888B	$2.686B
Total Long-Term Liabilities	$2.602B	$2.530B	$2.338B
Total Liabilities	$5.544B	$5.418B	$5.024B
YoY Change	10.35%	11.0%	14.55%
SHAREHOLDERS EQUITY
Retained Earnings	$4.534B	$4.550B	$4.193B
YoY Change	8.13%	10.52%	17.52%
Common Stock	$233.0M	$225.0M	$165.0M
YoY Change	41.21%	43.31%	48.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$568.0M	$556.0M	$518.0M
YoY Change	9.65%	12.55%	16.93%
Treasury Stock Shares	7.619M shares	7.426M shares	6.843M shares
Shareholders Equity	$3.751B	$3.791B	$3.460B
YoY Change
Total Liabilities & Shareholders Equity	$10.91B	$10.89B	$10.75B
YoY Change	1.54%	1.43%	7.87%

Cashflow Statement

Concept	2018 Q4	2018 Q3	2017 Q4
OPERATING ACTIVITIES
Net Income	$23.00M	$217.0M	$315.0M
YoY Change	-92.7%	-16.22%	224.74%
Depreciation, Depletion And Amortization	$108.0M	$99.00M	$97.00M
YoY Change	11.34%	4.21%	18.29%
Cash From Operating Activities	$209.0M	$260.0M	$233.0M
YoY Change	-10.3%	-4.76%	29.44%
INVESTING ACTIVITIES
Capital Expenditures	-$406.0M	-$131.0M	-$185.0M
YoY Change	119.46%	-60.18%	9.47%
Acquisitions
YoY Change
Other Investing Activities	$108.0M	$266.0M	$198.0M
YoY Change	-45.45%	68.35%	-110.93%
Cash From Investing Activities	-$298.0M	$135.0M	$13.00M
YoY Change	-2392.31%	-178.95%	-100.66%
FINANCING ACTIVITIES
Cash Dividend Paid		$39.00M
YoY Change		5.41%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	19.00M	-319.0M	-193.0M
YoY Change	-109.84%	104.49%	-162.06%
NET CHANGE
Cash From Operating Activities	209.0M	260.0M	233.0M
Cash From Investing Activities	-298.0M	135.0M	13.00M
Cash From Financing Activities	19.00M	-319.0M	-193.0M
Net Change In Cash	-70.00M	76.00M	53.00M
YoY Change	-232.08%	-240.74%	-103.56%
FREE CASH FLOW
Cash From Operating Activities	$209.0M	$260.0M	$233.0M
Capital Expenditures	-$406.0M	-$131.0M	-$185.0M
Free Cash Flow	$615.0M	$391.0M	$418.0M
YoY Change	47.13%	-35.05%	19.77%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	alk	Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents Period Increase Decrease CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecrease	-184000000	USD
	alk	Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents Period Increase Decrease CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecrease	-13000000	USD
CY2018Q3	alk	Line Of Credit Facility Asset Restrictions Unrestricted Cash And Marketable Securities LineOfCreditFacilityAssetRestrictionsUnrestrictedCashAndMarketableSecurities	500000000	USD
CY2018Q3	alk	Line Of Credit Facility Number Of Credit Facilities LineOfCreditFacilityNumberOfCreditFacilities	3	credit_facility
CY2017Q3	alk	Nonoperating Income Expense Other NonoperatingIncomeExpenseOther	-12000000	USD
	alk	Nonoperating Income Expense Other NonoperatingIncomeExpenseOther	-39000000	USD
	alk	Numberof Partner A Irlines NumberofPartnerAIrlines	15	airline
CY2017Q3	alk	Operating Expenses Excluding Fuel OperatingExpensesExcludingFuel	1315000000	USD
	alk	Operating Expenses Excluding Fuel OperatingExpensesExcludingFuel	3830000000	USD
CY2018Q3	alk	Operating Expenses Excluding Fuel OperatingExpensesExcludingFuel	1402000000	USD
	alk	Operating Expenses Excluding Fuel OperatingExpensesExcludingFuel	4206000000	USD
CY2017Q3	alk	Operating Expenses Other OperatingExpensesOther	1091000000	USD
	alk	Operating Expenses Other OperatingExpensesOther	3121000000	USD
CY2017Q3	alk	Other Nonoperating Income Expense Other OtherNonoperatingIncomeExpenseOther	2000000	USD
	alk	Other Nonoperating Income Expense Other OtherNonoperatingIncomeExpenseOther	1000000	USD
CY2018Q3	alk	Other Nonoperating Income Expense Other OtherNonoperatingIncomeExpenseOther	-7000000	USD
	alk	Other Nonoperating Income Expense Other OtherNonoperatingIncomeExpenseOther	-20000000	USD
CY2017Q3	alk	Percentof Mileage Breakage PercentofMileageBreakage	0.174
	alk	Percentof Mileage Breakage PercentofMileageBreakage	0.174
CY2018Q3	alk	Percentof Mileage Breakage PercentofMileageBreakage	0.174
	alk	Percentof Mileage Breakage PercentofMileageBreakage	0.174
CY2017Q3	alk	Regional Carrier Expense RegionalCarrierExpense	30000000	USD
	alk	Regional Carrier Expense RegionalCarrierExpense	84000000	USD
CY2018Q3	alk	Regional Carrier Expense RegionalCarrierExpense	38000000	USD
	alk	Regional Carrier Expense RegionalCarrierExpense	114000000	USD
CY2017Q3	alk	Specialitemsother Specialitemsother	0	USD
	alk	Specialitemsother Specialitemsother	0	USD
CY2018Q3	alk	Specialitemsother Specialitemsother	0	USD
	alk	Specialitemsother Specialitemsother	25000000	USD
CY2018Q1	alk	Tax Cutsand Jobs Act Reclassificationfrom Aoc Ito Retained Earnings Tax Effect TaxCutsandJobsActReclassificationfromAOCItoRetainedEarningsTaxEffect	62000000	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	2018
	dei	Document Period End Date DocumentPeriodEndDate	2018-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000766421
CY2018Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	123299895	shares
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	ALASKA AIR GROUP, INC.
	dei	Entity Small Business EntitySmallBusiness	false
CY2017Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	120000000	USD
CY2018Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	114000000	USD
CY2017Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	400000000	USD
CY2018Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	452000000	USD
CY2017Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	2991000000	USD
CY2018Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3167000000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-5000000	USD
CY2018Q3	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-17000000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	1000000	USD
CY2018Q3	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	9000000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	376000000	USD
CY2018Q3	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	420000000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-380000000	USD
CY2018Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-428000000	USD
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	164000000	USD
CY2017Q3	us-gaap	Aircraft Rental AircraftRental	70000000	USD
	us-gaap	Aircraft Rental AircraftRental	204000000	USD
CY2018Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	224000000	USD
CY2017Q3	us-gaap	Aircraft Maintenance Materials And Repairs AircraftMaintenanceMaterialsAndRepairs	88000000	USD
	us-gaap	Aircraft Maintenance Materials And Repairs AircraftMaintenanceMaterialsAndRepairs	271000000	USD
CY2018Q3	us-gaap	Aircraft Maintenance Materials And Repairs AircraftMaintenanceMaterialsAndRepairs	107000000	USD
	us-gaap	Aircraft Maintenance Materials And Repairs AircraftMaintenanceMaterialsAndRepairs	320000000	USD
CY2018Q3	us-gaap	Aircraft Rental AircraftRental	82000000	USD
	us-gaap	Aircraft Rental AircraftRental	233000000	USD
CY2017Q4	us-gaap	Assets Assets	10746000000	USD
CY2018Q3	us-gaap	Assets Assets	10893000000	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	2152000000	USD
CY2018Q3	us-gaap	Assets Current AssetsCurrent	2056000000	USD
CY2018Q3	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	1200000000	USD
CY2018Q3	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	1246000000	USD
CY2018Q3	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	1223000000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis	126000000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue	126000000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis	26000000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue	25000000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Two Through Five Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis	1094000000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue	1072000000	USD
CY2017Q4	us-gaap	Business Acquisitions Purchase Price Allocation Subsequent Years Remaining Adjustments BusinessAcquisitionsPurchasePriceAllocationSubsequentYearsRemainingAdjustments	3000000	USD
CY2018Q3	us-gaap	Business Acquisitions Purchase Price Allocation Subsequent Years Remaining Adjustments BusinessAcquisitionsPurchasePriceAllocationSubsequentYearsRemainingAdjustments	3000000	USD
CY2017Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	23000000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	86000000	USD
CY2018Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	22000000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	67000000	USD
CY2017Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	144000000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	194000000	USD
CY2018Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	174000000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents And Short Term Investments CashCashEquivalentsAndShortTermInvestments	1621000000	USD
CY2018Q3	us-gaap	Cash Cash Equivalents And Short Term Investments CashCashEquivalentsAndShortTermInvestments	1397000000	USD
CY2016Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	328000000	USD
CY2017Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	144000000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	197000000	USD
CY2018Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	184000000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.3
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.90
CY2018Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.32
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.96
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2018Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	129903498	shares
CY2018Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	130786648	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	123060638	shares
CY2018Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	123360846	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	1000000	USD
CY2018Q3	us-gaap	Common Stock Value CommonStockValue	1000000	USD
CY2017Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	263000000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	660000000	USD
CY2018Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	224000000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	428000000	USD
CY2017Q3	us-gaap	Cost Of Services Catering CostOfServicesCatering	50000000	USD
	us-gaap	Cost Of Services Catering CostOfServicesCatering	145000000	USD
CY2018Q3	us-gaap	Cost Of Services Catering CostOfServicesCatering	53000000	USD
	us-gaap	Cost Of Services Catering CostOfServicesCatering	158000000	USD
CY2017Q3	us-gaap	Costs And Expenses CostsAndExpenses	61000000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	183000000	USD
CY2018Q3	us-gaap	Costs And Expenses CostsAndExpenses	57000000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	166000000	USD
CY2017Q4	us-gaap	Debt Current DebtCurrent	307000000	USD
CY2018Q3	us-gaap	Debt Current DebtCurrent	345000000	USD
CY2018Q3	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2038000000	USD
CY2017Q4	us-gaap	Deferred Air Traffic Revenue DeferredAirTrafficRevenue	806000000	USD
CY2018Q3	us-gaap	Deferred Air Traffic Revenue DeferredAirTrafficRevenue	950000000	USD
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	15000000	USD
CY2018Q3	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	12000000	USD
CY2017Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	635000000	USD
CY2018Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	693000000	USD
CY2017Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	1090000000	USD
CY2018Q3	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	1138000000	USD
CY2017Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	370000000	USD
CY2018Q3	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	494000000	USD
CY2017Q4	us-gaap	Deposits On Flight Equipment DepositsOnFlightEquipment	494000000	USD
CY2018Q3	us-gaap	Deposits On Flight Equipment DepositsOnFlightEquipment	429000000	USD
CY2017Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	95000000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	275000000	USD
CY2018Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	99000000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	290000000	USD
CY2017Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.10
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.22
CY2018Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.76
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.36
CY2017Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.09
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.19
CY2018Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.75
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.34
CY2017Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	418000000	USD
CY2018Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	334000000	USD
CY2017Q4	us-gaap	Flight Equipment Gross FlightEquipmentGross	7559000000	USD
CY2018Q3	us-gaap	Flight Equipment Gross FlightEquipmentGross	7911000000	USD
CY2017Q3	us-gaap	Fuel Costs FuelCosts	368000000	USD
	us-gaap	Fuel Costs FuelCosts	1051000000	USD
CY2018Q3	us-gaap	Fuel Costs FuelCosts	513000000	USD
	us-gaap	Fuel Costs FuelCosts	1397000000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	1943000000	USD
CY2018Q3	us-gaap	Goodwill Goodwill	1943000000	USD
CY2017Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	417000000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1033000000	USD
CY2018Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	284000000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	549000000	USD
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CY2018Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	67000000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	135000000	USD
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CY2018Q3	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	5000000	USD
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CY2018Q3	us-gaap	Interest Expense InterestExpense	22000000	USD
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CY2018Q3	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	516000000	USD
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CY2018Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	0	USD
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CY2017Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	1000000	USD
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CY2017Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2000000	USD
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CY2018Q3	us-gaap	Payments Of Dividends PaymentsOfDividends	39000000	USD
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CY2017Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	453000000	USD
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CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
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CY2018Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
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CY2017Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	1222000000	USD
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CY2017Q3	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	0	USD
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CY2017Q3	us-gaap	Selling Expense SellingExpense	92000000	USD
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CY2018Q3	us-gaap	Selling Expense SellingExpense	79000000	USD
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CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	3460000000	USD
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CY2017Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	6842860	shares
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CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	124220000	shares
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CY2018Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	123864000	shares
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CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	123467000	shares
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CY2018Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	123224000	shares
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Files In Submission

Name	View Source	Status
0000766421-18-000058-index-headers.html	Edgar Link	pending
0000766421-18-000058-index.html	Edgar Link	pending
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$ALK
ALASKA AIR GROUP, INC. Stock $alk

2018 Q4 Form 10-Q Financial Statement

#000076642118000058 Filed on November 02, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ALK ALASKA AIR GROUP, INC. Stock $alk

2018 Q4 Form 10-Q Financial Statement

#000076642118000058 Filed on November 02, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ALK
ALASKA AIR GROUP, INC. Stock $alk