$ALK
ALASKA AIR GROUP, INC. Stock $alk

$alk Overview Financials Valuation SEC Filings Company Website

2022 Q4 Form 10-Q Financial Statement

#000076642122000071 Filed on November 03, 2022

Income Statement

Concept	2022 Q4	2022 Q3
Revenue	$2.479B	$2.828B
YoY Change	30.54%	44.8%
Cost Of Revenue	$1.153B	$1.394B
YoY Change	31.62%	72.1%
Gross Profit	$1.326B	$1.434B
YoY Change	29.62%	25.46%
Gross Profit Margin	53.49%	50.71%
Selling, General & Admin	$903.0M	$816.0M
YoY Change	23.87%	21.97%
% of Gross Profit	68.1%	56.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$105.0M	$104.0M
YoY Change	5.0%	5.05%
% of Gross Profit	7.92%	7.25%
Operating Expenses	$1.189B	$1.127B
YoY Change	20.34%	-33.51%
Operating Profit	$137.0M	$307.0M
YoY Change	291.43%	18.99%
Interest Expense	$0.00	-$11.00M
YoY Change	-100.0%	-47.62%
% of Operating Profit	0.0%	-3.58%
Other Income/Expense, Net	$12.00M	$14.00M
YoY Change	33.33%	-207.69%
Pretax Income	$35.00M	$65.00M
YoY Change	20.69%	-73.47%
Income Tax	$13.00M	$25.00M
% Of Pretax Income	37.14%	38.46%
Net Earnings	$22.00M	$40.00M
YoY Change	22.22%	-79.38%
Net Earnings / Revenue	0.89%	1.41%
Basic Earnings Per Share		$0.32
Diluted Earnings Per Share	$171.2K	$311.6K
COMMON SHARES
Basic Shares Outstanding	126.8M shares	126.8M shares
Diluted Shares Outstanding		128.4M shares

Balance Sheet

Concept	2022 Q4	2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.417B	$3.150B
YoY Change	-21.27%	-1.41%
Cash & Equivalents	$338.0M	$688.0M
Short-Term Investments	$2.079B	$2.462B
Other Short-Term Assets	$223.0M	$221.0M
YoY Change	13.78%	6.25%
Inventory	$104.0M	$94.00M
Prepaid Expenses	$163.0M
Receivables	$296.0M	$345.0M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$3.040B	$3.810B
YoY Change	-22.45%	-4.77%
LONG-TERM ASSETS
Property, Plant & Equipment	$8.823B	$8.259B
YoY Change	43.74%	34.95%
Goodwill	$2.038B	$2.040B
YoY Change	-0.29%	4.99%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$380.0M	$422.0M
YoY Change	-4.04%	21.97%
Total Long-Term Assets	$11.24B	$10.72B
YoY Change	12.06%	8.5%
TOTAL ASSETS
Total Short-Term Assets	$3.040B	$3.810B
Total Long-Term Assets	$11.24B	$10.72B
Total Assets	$14.28B	$14.53B
YoY Change	2.37%	4.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$221.0M	$202.0M
YoY Change	10.5%	11.6%
Accrued Expenses	$1.712B	$1.651B
YoY Change	173.92%	173.8%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$276.0M	$321.0M
YoY Change	-24.59%	-24.47%
Total Short-Term Liabilities	$4.512B	$4.709B
YoY Change	13.05%	17.02%
LONG-TERM LIABILITIES
Long-Term Debt	$1.883B	$1.889B
YoY Change	-13.35%	-15.1%
Other Long-Term Liabilities	$3.496B	$3.536B
YoY Change	824.87%	804.35%
Total Long-Term Liabilities	$5.379B	$5.425B
YoY Change	110.86%	107.38%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.512B	$4.709B
Total Long-Term Liabilities	$5.379B	$5.425B
Total Liabilities	$10.47B	$10.71B
YoY Change	59.97%	61.22%
SHAREHOLDERS EQUITY
Retained Earnings	$4.300B	$4.278B
YoY Change	1.37%	1.28%
Common Stock	$578.0M	$550.0M
YoY Change	16.77%	18.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$674.0M	$674.0M
YoY Change	0.0%	0.0%
Treasury Stock Shares	9.350M shares	9.350M shares
Shareholders Equity	$3.816B	$3.826B
YoY Change
Total Liabilities & Shareholders Equity	$14.28B	$14.53B
YoY Change	2.37%	4.68%

Cashflow Statement

Concept	2022 Q4	2022 Q3
OPERATING ACTIVITIES
Net Income	$22.00M	$40.00M
YoY Change	22.22%	-79.38%
Depreciation, Depletion And Amortization	$105.0M	$104.0M
YoY Change	5.0%	5.05%
Cash From Operating Activities	$9.000M	$174.0M
YoY Change	-93.02%	-264.15%
INVESTING ACTIVITIES
Capital Expenditures	-$722.0M	-$313.0M
YoY Change	587.62%	240.22%
Acquisitions
YoY Change
Other Investing Activities	$392.0M	$146.0M
YoY Change	880.0%	-33.33%
Cash From Investing Activities	-$330.0M	-$167.0M
YoY Change	407.69%	-231.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-29.00M	-90.00M
YoY Change	-67.42%	-83.46%
NET CHANGE
Cash From Operating Activities	9.000M	174.0M
Cash From Investing Activities	-330.0M	-167.0M
Cash From Financing Activities	-29.00M	-90.00M
Net Change In Cash	-350.0M	-83.00M
YoY Change	1300.0%	-84.13%
FREE CASH FLOW
Cash From Operating Activities	$9.000M	$174.0M
Capital Expenditures	-$722.0M	-$313.0M
Free Cash Flow	$731.0M	$487.0M
YoY Change	212.39%	-3578.57%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2022-09-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Central Index Key EntityCentralIndexKey	0000766421
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-09-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	1-8957
	dei	Entity Registrant Name EntityRegistrantName	ALASKA AIR GROUP, INC.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
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	dei	Entity Address Address Line1 EntityAddressAddressLine1	19300 International Boulevard,
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	91-1292054
	dei	Entity Address City Or Town EntityAddressCityOrTown	Seattle,
	dei	Entity Address State Or Province EntityAddressStateOrProvince	WA
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	98188
	dei	City Area Code CityAreaCode	(206)
	dei	Local Phone Number LocalPhoneNumber	392-5040
	dei	Security12b Title Security12bTitle	Common stock, $0.01 par value
	dei	Trading Symbol TradingSymbol	ALK
	dei	Security Exchange Name SecurityExchangeName	NYSE
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
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	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
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	us-gaap	Interest Costs Incurred InterestCostsIncurred	101000000	usd
CY2022Q3	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	3000000	usd
CY2021Q3	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	3000000	usd
	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	8000000	usd
	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	9000000	usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	14000000	usd
CY2021Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	8000000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	38000000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	27000000	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	3000000	usd
CY2021Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-13000000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3000000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-46000000	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	65000000	usd
CY2021Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	245000000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	44000000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	600000000	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	25000000	usd
CY2021Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	51000000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	8000000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	140000000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	40000000	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	194000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	36000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	460000000	usd
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
CY2021Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.55
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.69
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
CY2021Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.53
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.64
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	126783000	shares
CY2021Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	125250000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	126440000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	124846000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	128370000	shares
CY2021Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	127188000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	128087000.000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	126325000	shares
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	40000000	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	194000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	36000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	460000000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-26000000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-3000000	usd
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-86000000	usd
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-16000000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-1000000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-6000000	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-2000000	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-19000000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	5000000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	2000000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	18000000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	9000000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-20000000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	5000000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-66000000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	12000000	usd
CY2022Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	20000000	usd
CY2021Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	199000000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-30000000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	472000000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	3801000000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-143000000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-30000000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	13000000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-4000000	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	3637000000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	139000000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-16000000	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	9000000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	30000000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	3799000000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	40000000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-20000000	usd
CY2022Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	8000000	usd
CY2022Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-1000000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	3826000000	usd
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	2988000000	usd
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-131000000	usd
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	0	usd
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	12000000	usd
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Warrant Issued AdjustmentsToAdditionalPaidInCapitalWarrantIssued	8000000	usd
CY2021Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-2000000	usd
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	2875000000	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	397000000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	7000000	usd
CY2021Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	13000000	usd
CY2021Q2	us-gaap	Adjustments To Additional Paid In Capital Warrant Issued AdjustmentsToAdditionalPaidInCapitalWarrantIssued	8000000	usd
CY2021Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	23000000	usd
CY2021Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1000000	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	3324000000	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	194000000	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	5000000	usd
CY2021Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	10000000	usd
CY2021Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-2000000	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	3531000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	36000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	460000000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	310000000	usd
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	us-gaap	Share Based Compensation ShareBasedCompensation	33000000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	35000000	usd
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	us-gaap	Restructuring Charges RestructuringCharges	-12000000	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	0	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	95000000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	59000000	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	304000000	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	152000000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	123000000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	73000000	usd
	us-gaap	Pension Contributions PensionContributions	0	usd
	us-gaap	Pension Contributions PensionContributions	100000000	usd
	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	260000000	usd
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	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	901000000	usd
	us-gaap	Payments For Flight Equipment PaymentsForFlightEquipment	688000000	usd
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	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	156000000	usd
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	78000000	usd
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	103000000	usd
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	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	190000000	usd
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	1670000000	usd
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	3413000000	usd
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	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-825000000	usd
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CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	494000000	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1386000000	usd
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CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	519000000	usd
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CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	688000000	usd
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CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	519000000	usd
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CY2022Q3	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	2600000000	usd
CY2022Q3	us-gaap	Debt Securities Available For Sale And Held To Maturity Fair Value DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue	2500000000	usd
CY2022Q3	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis	738000000	usd
CY2022Q3	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue	729000000	usd
CY2022Q3	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Two Through Five Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis	1811000000	usd
CY2022Q3	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue	1704000000	usd
CY2022Q3	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis	26000000	usd
CY2022Q3	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue	24000000	usd
CY2022Q3	alk	Debt Securities Available For Sale With Maturities Cost Basis DebtSecuritiesAvailableForSaleWithMaturitiesCostBasis	2575000000	usd
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CY2022Q3	us-gaap	Long Term Debt LongTermDebt	2210000000	usd
CY2021Q4	us-gaap	Long Term Debt LongTermDebt	2539000000	usd
CY2022Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	321000000	usd
CY2021Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	366000000	usd
CY2022Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1889000000	usd
CY2021Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2173000000	usd
CY2022Q3	us-gaap	Long Term Debt Percentage Bearing Fixed Interest Rate LongTermDebtPercentageBearingFixedInterestRate	0.035
CY2021Q4	us-gaap	Long Term Debt Percentage Bearing Fixed Interest Rate LongTermDebtPercentageBearingFixedInterestRate	0.037
CY2022Q3	us-gaap	Long Term Debt Percentage Bearing Variable Interest Rate LongTermDebtPercentageBearingVariableInterestRate	0.042
CY2021Q4	us-gaap	Long Term Debt Percentage Bearing Variable Interest Rate LongTermDebtPercentageBearingVariableInterestRate	0.013
CY2022Q3	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.035
CY2022Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	52000000	usd
CY2022Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	309000000	usd
CY2022Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	238000000	usd
CY2022Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	273000000	usd
CY2022Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	176000000	usd
CY2022Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	1178000000	usd
CY2022Q3	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2226000000	usd
CY2022Q3	alk	Line Of Credit Facility Number Of Credit Facilities LineOfCreditFacilityNumberOfCreditFacilities	3	airline
CY2022Q3	alk	Line Of Credit Facility Asset Restrictions Unrestricted Cash And Marketable Securities LineOfCreditFacilityAssetRestrictionsUnrestrictedCashAndMarketableSecurities	500000000	usd
CY2022Q3	us-gaap	Fuel Costs FuelCosts	877000000	usd
CY2022Q3	us-gaap	Unrecorded Unconditional Purchase Obligation Minimum Quantity Required UnrecordedUnconditionalPurchaseObligationMinimumQuantityRequired	141	aircraft
CY2022Q3	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	22000000	usd
CY2022Q3	us-gaap	Operating Expenses OperatingExpenses	2766000000	usd
CY2022Q3	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	1882517	shares
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-308000000	usd
CY2022Q3	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	3000000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-23000000	usd
CY2022Q3	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-328000000	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-262000000	usd
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	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-74000000	usd
CY2022Q3	us-gaap	Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-328000000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2828000000	usd
CY2022Q3	alk	Operating Expenses Excluding Fuel OperatingExpensesExcludingFuel	1889000000	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	3000000	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	65000000	usd
CY2022Q3	alk	Pretax Margin Adjusted PretaxMarginAdjusted	0.156
CY2022Q3	alk	Pretax Margin Gaap PretaxMarginGAAP	0.023
CY2021Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1953000000	usd
CY2021Q3	alk	Operating Expenses Excluding Fuel OperatingExpensesExcludingFuel	1319000000	usd
CY2021Q3	us-gaap	Fuel Costs FuelCosts	376000000	usd
CY2021Q3	us-gaap	Operating Expenses OperatingExpenses	1695000000	usd
CY2021Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-13000000	usd
CY2021Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	245000000	usd
CY2021Q3	alk	Pretax Margin Adjusted PretaxMarginAdjusted	0.121
CY2021Q3	alk	Pretax Margin Gaap PretaxMarginGAAP	0.125
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7167000000	usd
	alk	Operating Expenses Excluding Fuel OperatingExpensesExcludingFuel	5120000000	usd
	us-gaap	Fuel Costs FuelCosts	2000000000	usd
	us-gaap	Operating Expenses OperatingExpenses	7120000000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3000000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	44000000	usd
	alk	Pretax Margin Adjusted PretaxMarginAdjusted	0.080
	alk	Pretax Margin Gaap PretaxMarginGAAP	0.006
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	4277000000	usd
	alk	Operating Expenses Excluding Fuel OperatingExpensesExcludingFuel	2778000000	usd
	us-gaap	Fuel Costs FuelCosts	853000000	usd
	us-gaap	Operating Expenses OperatingExpenses	3631000000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-46000000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	600000000	usd
	alk	Pretax Margin Adjusted PretaxMarginAdjusted	-0.091
	alk	Pretax Margin Gaap PretaxMarginGAAP	0.140
CY2022Q3	us-gaap	Assets Assets	14531000000	usd
CY2021Q4	us-gaap	Assets Assets	13951000000	usd

Files In Submission

Name	View Source	Status
alk-20220930_cal.xml	Edgar Link	unprocessable
0000766421-22-000071-index-headers.html	Edgar Link	pending
0000766421-22-000071-index.html	Edgar Link	pending
0000766421-22-000071.txt	Edgar Link	pending
0000766421-22-000071-xbrl.zip	Edgar Link	pending
alk-20220930.htm	Edgar Link	pending
alk-20220930.xsd	Edgar Link	pending
alk10-q32022ex311.htm	Edgar Link	pending
alk10-q32022ex312.htm	Edgar Link	pending
alk10-q32022ex321.htm	Edgar Link	pending
alk10-q32022ex322.htm	Edgar Link	pending
ex101-purchaseagreementno3.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
alk-20220930_pre.xml	Edgar Link	unprocessable
alk-20220930_lab.xml	Edgar Link	unprocessable
alk-20220930_def.xml	Edgar Link	unprocessable
alk-20220930_htm.xml	Edgar Link	completed
image_0a.jpg	Edgar Link	pending
image_4.jpg	Edgar Link	pending
image_43.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$ALK
ALASKA AIR GROUP, INC. Stock $alk

2022 Q4 Form 10-Q Financial Statement

#000076642122000071 Filed on November 03, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ALK ALASKA AIR GROUP, INC. Stock $alk

2022 Q4 Form 10-Q Financial Statement

#000076642122000071 Filed on November 03, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ALK
ALASKA AIR GROUP, INC. Stock $alk