2016 Q4 Form 10-K Financial Statement

#000002790417000004 Filed on February 13, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4 2015 Q3
Revenue $9.458B $9.502B $11.11B
YoY Change -0.46% -1.5% -0.64%
Cost Of Revenue $4.740B $3.855B $4.660B
YoY Change 22.96% -55.85% -25.27%
Gross Profit $4.529B $5.647B $6.447B
YoY Change -19.8% 517.16% 30.45%
Gross Profit Margin 47.89% 59.43% 58.04%
Selling, General & Admin $2.882B $2.995B $3.302B
YoY Change -3.77% 10.56% 12.73%
% of Gross Profit 63.63% 53.04% 51.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.886B $451.0M $466.0M
YoY Change 318.18% 2.97% 5.91%
% of Gross Profit 41.64% 7.99% 7.23%
Operating Expenses $3.454B $3.839B $8.894B
YoY Change -10.03% 5.41% -14.01%
Operating Profit $1.020B $1.717B $2.213B
YoY Change -40.59% -307.37% 165.03%
Interest Expense -$104.0M -$193.0M $121.0M
YoY Change -46.11% -110.55% -21.43%
% of Operating Profit -10.2% -11.24% 5.47%
Other Income/Expense, Net -$302.0M -$82.00M -$141.0M
YoY Change 268.29% -51.76% -44.92%
Pretax Income $669.0M $1.533B $2.072B
YoY Change -56.36% -234.47% 257.86%
Income Tax $225.0M $553.0M $757.0M
% Of Pretax Income 33.63% 36.07% 36.53%
Net Earnings $622.0M $980.0M $1.315B
YoY Change -36.53% -237.64% 268.35%
Net Earnings / Revenue 6.58% 10.31% 11.84%
Basic Earnings Per Share $0.85 $1.26 $1.67
Diluted Earnings Per Share $0.84 $1.25 $1.65
COMMON SHARES
Basic Shares Outstanding 788.0M shares
Diluted Shares Outstanding 795.0M shares

Balance Sheet

Concept 2016 Q4 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.249B $3.437B $3.811B
YoY Change -5.47% 3.99% -19.6%
Cash & Equivalents $2.762B $1.972B $2.369B
Short-Term Investments $487.0M $1.465B $1.442B
Other Short-Term Assets $1.247B $2.783B $5.112B
YoY Change -55.19% 56.44% 60.86%
Inventory $891.0M $697.0M $695.0M
Prepaid Expenses
Receivables $2.064B $2.020B $1.974B
Other Receivables $0.00 $119.0M $381.0M
Total Short-Term Assets $7.451B $9.056B $11.97B
YoY Change -17.72% -1.11% 8.89%
LONG-TERM ASSETS
Property, Plant & Equipment $24.38B $23.04B $22.61B
YoY Change 5.8% 5.06% 4.08%
Goodwill $9.794B $9.794B $9.794B
YoY Change 0.0% 0.0% 0.0%
Intangibles $4.844B $4.861B $4.589B
YoY Change -0.35% 5.61% -0.54%
Long-Term Investments
YoY Change
Other Assets $1.733B $1.428B $1.848B
YoY Change 21.36% 54.21% 65.15%
Total Long-Term Assets $44.40B $44.08B $41.57B
YoY Change 0.73% -1.71% 1.53%
TOTAL ASSETS
Total Short-Term Assets $7.451B $9.056B $11.97B
Total Long-Term Assets $44.40B $44.08B $41.57B
Total Assets $51.85B $53.13B $53.55B
YoY Change -2.42% -1.61% 3.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.572B $2.743B $2.688B
YoY Change -6.23% 4.61% 4.31%
Accrued Expenses $5.262B $4.501B $4.169B
YoY Change 16.91% 2.46% 50.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.009B $1.415B $1.705B
YoY Change -28.69% 31.63% 45.85%
Total Short-Term Liabilities $15.24B $17.53B $17.61B
YoY Change -13.05% 4.03% 18.87%
LONG-TERM LIABILITIES
Long-Term Debt $5.999B $6.531B $7.096B
YoY Change -8.15% -20.24% -20.89%
Other Long-Term Liabilities $1.878B $1.891B $2.465B
YoY Change -0.69% -11.14% 26.67%
Total Long-Term Liabilities $23.74B $24.76B $25.69B
YoY Change -4.13% -12.65% 3.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.24B $17.53B $17.61B
Total Long-Term Liabilities $23.74B $24.76B $25.69B
Total Liabilities $38.97B $42.28B $43.30B
YoY Change -7.83% -6.43% 9.22%
SHAREHOLDERS EQUITY
Retained Earnings $7.903B $5.562B $6.748B
YoY Change 42.09% 60.94% 59.0%
Common Stock $12.29B $12.94B $11.29B
YoY Change -4.96% -0.35% -16.18%
Preferred Stock
YoY Change
Treasury Stock (at cost) $274.0M $373.0M $372.0M
YoY Change -26.54% 19.17% 19.23%
Treasury Stock Shares 14.15M shares 21.07M shares 21.05M shares
Shareholders Equity $11.28B $10.85B $10.35B
YoY Change
Total Liabilities & Shareholders Equity $51.26B $53.13B $53.65B
YoY Change -3.53% -1.61% 3.28%

Cashflow Statement

Concept 2016 Q4 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income $622.0M $980.0M $1.315B
YoY Change -36.53% -237.64% 268.35%
Depreciation, Depletion And Amortization $1.886B $451.0M $466.0M
YoY Change 318.18% 2.97% 5.91%
Cash From Operating Activities $1.135B $1.479B $2.067B
YoY Change -23.26% 154.12% 52.21%
INVESTING ACTIVITIES
Capital Expenditures -$794.0M -$878.0M -$562.0M
YoY Change -9.57% 33.03% 22.98%
Acquisitions
YoY Change
Other Investing Activities $1.239B -$301.0M -$447.0M
YoY Change -511.63% -148.39% -60.3%
Cash From Investing Activities $445.0M -$1.179B -$1.009B
YoY Change -137.74% 3002.63% -36.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -446.0M -697.0M -982.0M
YoY Change -36.01% -27.85% 56.62%
NET CHANGE
Cash From Operating Activities 1.135B 1.479B 2.067B
Cash From Investing Activities 445.0M -1.179B -1.009B
Cash From Financing Activities -446.0M -697.0M -982.0M
Net Change In Cash 1.134B -397.0M 76.00M
YoY Change -385.64% -5.92% -108.92%
FREE CASH FLOW
Cash From Operating Activities $1.135B $1.479B $2.067B
Capital Expenditures -$794.0M -$878.0M -$562.0M
Free Cash Flow $1.929B $2.357B $2.629B
YoY Change -18.16% 89.77% 44.85%

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-316000000 USD
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-645000000 USD
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1134000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7157000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1072000000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2263000000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2631000000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
413000000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
4373000000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
4526000000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
659000000 USD
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.82
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.68
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.79
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.63
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
CY2016 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.68
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2016 us-gaap Net Income Loss
NetIncomeLoss
4373000000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
4526000000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
659000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-43000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-82000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
3000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
360000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
2194000000 USD
CY2016 us-gaap Gain Loss On Investments
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42000000 USD
CY2015 us-gaap Gain Loss On Investments
GainLossOnInvestments
-45000000 USD
CY2014 us-gaap Gain Loss On Investments
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10000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-361000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
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36000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2181000000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
4373000000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
4526000000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
659000000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1902000000 USD
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1835000000 USD
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1771000000 USD
CY2016 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
342000000 USD
CY2015 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1366000000 USD
CY2014 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-2186000000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
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2223000000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2581000000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
414000000 USD
CY2016 us-gaap Pension And Other Postretirement Benefit Contributions
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717000000 USD
CY2015 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
1013000000 USD
CY2014 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
723000000 USD
CY2016 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0 USD
CY2015 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
35000000 USD
CY2014 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
758000000 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-22000000 USD
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-268000000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
160000000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
35000000 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2016 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
147000000 USD
CY2015 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
56000000 USD
CY2014 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
302000000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
11000000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
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CY2014 us-gaap Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
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CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
140000000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-155000000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-172000000 USD
CY2016 us-gaap Increase Decrease In Margin Deposits Outstanding
IncreaseDecreaseInMarginDepositsOutstanding
-81000000 USD
CY2015 us-gaap Increase Decrease In Margin Deposits Outstanding
IncreaseDecreaseInMarginDepositsOutstanding
-806000000 USD
CY2014 us-gaap Increase Decrease In Margin Deposits Outstanding
IncreaseDecreaseInMarginDepositsOutstanding
922000000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
26000000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
102000000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2016 us-gaap Increase Decrease In Air Traffic Liability1
IncreaseDecreaseInAirTrafficLiability1
123000000 USD
CY2015 us-gaap Increase Decrease In Air Traffic Liability1
IncreaseDecreaseInAirTrafficLiability1
207000000 USD
CY2014 us-gaap Increase Decrease In Air Traffic Liability1
IncreaseDecreaseInAirTrafficLiability1
174000000 USD
CY2016 us-gaap Increase Decrease In Frequent Flyer Liability
IncreaseDecreaseInFrequentFlyerLiability
45000000 USD
CY2015 us-gaap Increase Decrease In Frequent Flyer Liability
IncreaseDecreaseInFrequentFlyerLiability
-301000000 USD
CY2014 us-gaap Increase Decrease In Frequent Flyer Liability
IncreaseDecreaseInFrequentFlyerLiability
-238000000 USD
CY2016 dal Increase Decrease In Profit Sharing
IncreaseDecreaseInProfitSharing
-383000000 USD
CY2015 dal Increase Decrease In Profit Sharing
IncreaseDecreaseInProfitSharing
734000000 USD
CY2014 dal Increase Decrease In Profit Sharing
IncreaseDecreaseInProfitSharing
264000000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
285000000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-201000000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-36000000 USD
CY2016 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
99000000 USD
CY2015 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
93000000 USD
CY2014 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
276000000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7205000000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7927000000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4947000000 USD
CY2016 us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
2617000000 USD
CY2015 us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
2223000000 USD
CY2014 us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
1662000000 USD
CY2016 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
774000000 USD
CY2015 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
722000000 USD
CY2014 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
587000000 USD
CY2016 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2015 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
500000000 USD
CY2014 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2016 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1707000000 USD
CY2015 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
998000000 USD
CY2014 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1795000000 USD
CY2016 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
2686000000 USD
CY2015 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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739000000 USD
CY2014 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
1533000000 USD
CY2016 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
0 USD
CY2015 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
276000000 USD
CY2014 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
0 USD
CY2016 us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
226000000 USD
CY2015 us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
0 USD
CY2014 us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
0 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-25000000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2155000000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3955000000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2463000000 USD
CY2016 us-gaap Repayments Of Long Term Debt And Capital Securities
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1709000000 USD
CY2015 us-gaap Repayments Of Long Term Debt And Capital Securities
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2558000000 USD
CY2014 us-gaap Repayments Of Long Term Debt And Capital Securities
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2928000000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
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2601000000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2200000000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1100000000 USD
CY2016 us-gaap Payments Of Dividends
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509000000 USD
CY2014 us-gaap Dividends
Dividends
252000000 USD
CY2015 us-gaap Payments Of Dividends
PaymentsOfDividends
359000000 USD
CY2014 us-gaap Payments Of Dividends
PaymentsOfDividends
251000000 USD
CY2016 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
211000000 USD
CY2015 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-340000000 USD
CY2014 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-41000000 USD
CY2016 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
451000000 USD
CY2015 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
71000000 USD
CY2014 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
0 USD
CY2016 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
291000000 USD
CY2015 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
429000000 USD
CY2014 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
0 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
450000000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1038000000 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1020000000 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
58000000 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-27000000 USD
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
60000000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4260000000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4088000000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3240000000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
790000000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-116000000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-756000000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1972000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2088000000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2844000000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2762000000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1972000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2088000000 USD
CY2016 us-gaap Interest Paid
InterestPaid
385000000 USD
CY2015 us-gaap Interest Paid
InterestPaid
452000000 USD
CY2014 us-gaap Interest Paid
InterestPaid
560000000 USD
CY2016 dal Contribution Of Treasury Stock To Pension Plan Amount Contributed
ContributionOfTreasuryStockToPensionPlanAmountContributed
350000000 USD
CY2015 dal Contribution Of Treasury Stock To Pension Plan Amount Contributed
ContributionOfTreasuryStockToPensionPlanAmountContributed
0 USD
CY2014 dal Contribution Of Treasury Stock To Pension Plan Amount Contributed
ContributionOfTreasuryStockToPensionPlanAmountContributed
0 USD
CY2016 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
86000000 USD
CY2015 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
111000000 USD
CY2014 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
28000000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
11643000000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
659000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2181000000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
26000000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
18000000 USD
CY2014 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1100000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2015 us-gaap Net Income Loss
NetIncomeLoss
4526000000 USD
CY2015 us-gaap Dividends
Dividends
359000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
36000000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
16000000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
18000000 USD
CY2015 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2200000000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
10850000000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
4373000000 USD
CY2016 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
95000000 USD
CY2016 us-gaap Dividends
Dividends
509000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-361000000 USD
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
65000000 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
32000000 USD
CY2016 dal Treasury Stock Contributedto Qualified Defined Benefit Pension Plan Amount
TreasuryStockContributedtoQualifiedDefinedBenefitPensionPlanAmount
343000000 USD
CY2016 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2601000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
12287000000 USD
CY2016 dal Ownership Interest Percent Threshold To Consolidate
OwnershipInterestPercentThresholdToConsolidate
0.50
CY2016 us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates<div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>We are required to make estimates and assumptions when preparing our Consolidated Financial Statements in accordance with GAAP. These estimates and assumptions affect the amounts reported in our Consolidated Financial Statements and the accompanying notes. Actual results could differ materially from those estimates.
CY2016 dal Effective Income Tax Rate Reconciliation Sharebased Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount
33000000 USD
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
12456000000 USD
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10871000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24375000000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23039000000 USD
CY2016 us-gaap Depreciation Nonproduction
DepreciationNonproduction
1900000000 USD
CY2015 us-gaap Depreciation Nonproduction
DepreciationNonproduction
1800000000 USD
CY2014 us-gaap Depreciation Nonproduction
DepreciationNonproduction
1700000000 USD
CY2016 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
160000000 USD
CY2015 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
148000000 USD
CY2014 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
129000000 USD
CY2016Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
549000000 USD
CY2015Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
420000000 USD
CY2016 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<span style="font-family:inherit;font-size:10pt;">We review flight equipment and other long-lived assets used in operations for impairment losses when events and circumstances indicate the assets may be impaired. Factors which could be indicators of impairment include, but are not limited to, (1) a decision to permanently remove flight equipment or other long-lived assets from operations, (2) significant changes in the estimated useful life, (3) significant changes in projected cash flows, (4) permanent and significant declines in fleet fair values and (5) changes to the regulatory environment. For long-lived assets held for sale, we discontinue depreciation and record impairment losses when the carrying amount of these assets is greater than the fair value less the cost to sell.</span><span style="font-family:inherit;font-size:10pt;"> </span><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><span style="font-family:inherit;font-size:10pt;">To determine whether impairments exist for aircraft used in operations, we group assets at the fleet-type level (the lowest level for which there are identifiable cash flows) and then estimate future cash flows based on projections of capacity, passenger mile yield, fuel costs, labor costs and other relevant factors. If an impairment occurs, the impairment loss recognized is the amount by which the fleet's carrying amount exceeds its estimated fair value. We estimate aircraft fair values using published sources, appraisals and bids received from third parties, as available.</span>
CY2016 us-gaap Revenue Recognition Sales Of Services
RevenueRecognitionSalesOfServices
Passenger Tickets<div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>We record sales of passenger tickets in air traffic liability. Passenger revenue is recognized when we provide transportation or when the ticket expires unused, reducing the related air traffic liability. We periodically evaluate the estimated air traffic liability and record any adjustments in our Consolidated Statements of Operations. These adjustments relate primarily to refunds, exchanges, transactions with other airlines and other items for which final settlement occurs in periods subsequent to the sale of the related tickets at amounts other than the original sales price.
CY2016 us-gaap Revenue Recognition Loyalty Programs
RevenueRecognitionLoyaltyPrograms
Frequent Flyer Program<div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our SkyMiles program offers incentives to travel on Delta. This program allows customers to earn mileage credits by flying on Delta, Delta Connection and airlines that participate in the SkyMiles program, as well as through participating companies such as credit card companies, hotels and car rental agencies. We sell mileage credits to non-airline businesses, customers and other airlines. Effective January 1, 2015, the SkyMiles program was modified from a model in which customers earn redeemable mileage credits based on distance traveled to a model based on ticket price. This award change did not affect the way we account for the program. </span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The SkyMiles program includes two types of transactions that are considered revenue arrangements with multiple deliverables. As discussed below, these are (1) passenger ticket sales earning mileage credits and (2) the sale of mileage credits to participating companies with which we have marketing agreements. Mileage credits are a separate unit of accounting as they can be redeemed by customers in future periods for air travel on Delta and participating airlines, membership in our Sky Club and other program awards. </span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Passenger Ticket Sales Earning Mileage Credits. </span><span style="font-family:inherit;font-size:10pt;">Passenger ticket sales earning mileage credits under our SkyMiles program provide customers with (1) mileage credits earned and (2) air transportation. We value each deliverable on a standalone basis. Our estimate of the selling price of a mileage credit is based on an analysis of our sales of mileage credits to other airlines and customers, which is re-evaluated at least annually. We use established ticket prices to determine the estimated selling price of air transportation. We allocate the total amount collected from passenger ticket sales between the deliverables based on their relative selling prices.</span></div><div style="line-height:120%;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We defer revenue for the mileage credits related to passenger ticket sales when the credits are earned and recognize it as passenger revenue when miles are redeemed and services are provided. We record the air transportation portion of the passenger ticket sales in air traffic liability and recognize these amounts in passenger revenue when we provide transportation or when the ticket expires unused. </span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Sale of Mileage Credits.</span><span style="font-family:inherit;font-size:10pt;"> Customers may earn mileage credits through participating companies such as credit card companies, hotels and car rental agencies with which we have marketing agreements to sell mileage credits. Our contracts to sell mileage credits under these marketing agreements have multiple deliverables, as defined below.</span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our most significant contract to sell mileage credits relates to our co-brand credit card relationship with American Express. Our agreements with American Express provide for joint marketing, grant certain benefits to Delta-American Express co-branded credit card holders ("Cardholders") and American Express Membership Rewards program participants and allow American Express to market using our customer database. Cardholders earn mileage credits for making purchases using co-branded cards, may check their first bag for free, are granted discounted access to Delta Sky Club lounges and receive other benefits while traveling on Delta. These benefits that we provide in the form of separate products and services under the SkyMiles agreements are referred to as "deliverables." Additionally, participants in the American Express Membership Rewards program may exchange their points for mileage credits under the SkyMiles program. As a result, we sell mileage credits at agreed-upon rates to American Express for provision to their customers under the co-brand credit card program and the Membership Rewards program.</span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In December 2014, we amended our marketing agreements with American Express, which increased the value we receive under the agreements and extended the term to 2022. The amended agreements became effective January 1, 2015. We account for the agreements consistent with the accounting method that allocates the consideration received to the individual products and services delivered based on their relative selling prices. We determined our best estimate of the selling prices by considering discounted cash flow analysis using multiple inputs and assumptions, including: (1) the expected number of miles awarded and number of miles redeemed, (2) the rate at which we sell mileage credits to other airlines, (3) published rates on our website for baggage fees, discounted access to Delta Sky Club lounges and other benefits while traveling on Delta and (4) brand value. The increased value received under the amended agreements increases the amount of deferred revenue for the travel component and increases the value of the other deliverables. </span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We recognize revenue as we deliver each sales element. We defer the travel deliverable (mileage credits) as part of frequent flyer deferred revenue and recognize passenger revenue as the mileage credits are used for travel. The revenue allocated to the remaining deliverables is recorded in other revenue. We recognize the revenue for these services as they are performed.</span></div><div style="line-height:120%;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><span style="font-family:inherit;font-size:10pt;font-style:italic;">Breakage. </span>For mileage credits that we estimate are not likely to be redeemed ("breakage"), we recognize the associated value proportionally during the period in which the remaining mileage credits are expected to be redeemed. Management uses statistical models to estimate breakage based on historical redemption patterns. A change in assumptions as to the period over which mileage credits are expected to be redeemed, the actual redemption activity for mileage credits or the estimated fair value of mileage credits expected to be redeemed could have a material impact on our revenue in the year in which the change occurs and in future years.
CY2016 us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
Passenger Ticket Sales Earning Mileage Credits. <span style="font-family:inherit;font-size:10pt;">Passenger ticket sales earning mileage credits under our SkyMiles program provide customers with (1) mileage credits earned and (2) air transportation. We value each deliverable on a standalone basis. Our estimate of the selling price of a mileage credit is based on an analysis of our sales of mileage credits to other airlines and customers, which is re-evaluated at least annually. We use established ticket prices to determine the estimated selling price of air transportation. We allocate the total amount collected from passenger ticket sales between the deliverables based on their relative selling prices.</span><div style="line-height:120%;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We defer revenue for the mileage credits related to passenger ticket sales when the credits are earned and recognize it as passenger revenue when miles are redeemed and services are provided. We record the air transportation portion of the passenger ticket sales in air traffic liability and recognize these amounts in passenger revenue when we provide transportation or when the ticket expires unused. </span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Sale of Mileage Credits.</span><span style="font-family:inherit;font-size:10pt;"> Customers may earn mileage credits through participating companies such as credit card companies, hotels and car rental agencies with which we have marketing agreements to sell mileage credits. Our contracts to sell mileage credits under these marketing agreements have multiple deliverables, as defined below.</span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our most significant contract to sell mileage credits relates to our co-brand credit card relationship with American Express. Our agreements with American Express provide for joint marketing, grant certain benefits to Delta-American Express co-branded credit card holders ("Cardholders") and American Express Membership Rewards program participants and allow American Express to market using our customer database. Cardholders earn mileage credits for making purchases using co-branded cards, may check their first bag for free, are granted discounted access to Delta Sky Club lounges and receive other benefits while traveling on Delta. These benefits that we provide in the form of separate products and services under the SkyMiles agreements are referred to as "deliverables." Additionally, participants in the American Express Membership Rewards program may exchange their points for mileage credits under the SkyMiles program. As a result, we sell mileage credits at agreed-upon rates to American Express for provision to their customers under the co-brand credit card program and the Membership Rewards program.</span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In December 2014, we amended our marketing agreements with American Express, which increased the value we receive under the agreements and extended the term to 2022. The amended agreements became effective January 1, 2015. We account for the agreements consistent with the accounting method that allocates the consideration received to the individual products and services delivered based on their relative selling prices. We determined our best estimate of the selling prices by considering discounted cash flow analysis using multiple inputs and assumptions, including: (1) the expected number of miles awarded and number of miles redeemed, (2) the rate at which we sell mileage credits to other airlines, (3) published rates on our website for baggage fees, discounted access to Delta Sky Club lounges and other benefits while traveling on Delta and (4) brand value. The increased value received under the amended agreements increases the amount of deferred revenue for the travel component and increases the value of the other deliverables. </span></div><div style="line-height:120%;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We recognize revenue as we deliver each sales element. We defer the travel deliverable (mileage credits) as part of frequent flyer deferred revenue and recognize passenger revenue as the mileage credits are used for travel. The revenue allocated to the remaining deliverables is recorded in other revenue. We recognize the revenue for these services as they are performed.</span></div><div style="line-height:120%;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><span style="font-family:inherit;font-size:10pt;font-style:italic;">Breakage. </span>For mileage credits that we estimate are not likely to be redeemed ("breakage"), we recognize the associated value proportionally during the period in which the remaining mileage credits are expected to be redeemed. Management uses statistical models to estimate breakage based on historical redemption patterns. A change in assumptions as to the period over which mileage credits are expected to be redeemed, the actual redemption activity for mileage credits or the estimated fair value of mileage credits expected to be redeemed could have a material impact on our revenue in the year in which the change occurs and in future years.
CY2016 us-gaap Advertising Cost Policy Expensed Advertising Cost
AdvertisingCostPolicyExpensedAdvertisingCost
Advertising Costs<div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>We expense advertising costs in passenger commissions and other selling expenses in the year incurred.
CY2016 us-gaap Advertising Expense
AdvertisingExpense
277000000 USD
CY2015 us-gaap Advertising Expense
AdvertisingExpense
225000000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
2279000000 USD
CY2016Q4 us-gaap Other Assets Fair Value Disclosure
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61000000 USD
CY2016Q4 us-gaap Price Risk Derivatives At Fair Value Net
PriceRiskDerivativesAtFairValueNet
-324000000 USD
CY2016Q4 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
6000000 USD
CY2016Q4 us-gaap Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
ForeignCurrencyCashFlowHedgeDerivativeAtFairValueNet
27000000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
1543000000 USD
CY2015Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
49000000 USD
CY2015Q4 us-gaap Price Risk Derivatives At Fair Value Net
PriceRiskDerivativesAtFairValueNet
-672000000 USD
CY2015Q4 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
-3000000 USD
CY2015Q4 us-gaap Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
ForeignCurrencyCashFlowHedgeDerivativeAtFairValueNet
94000000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
160000000 USD
CY2016Q4 dal Available For Sale Securities Debt Maturities After One Year Through Three Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneYearThroughThreeYearsFairValue
239000000 USD
CY2016Q4 dal Available For Sale Securities Debt Maturities After Three Years Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterThreeYearsThroughFiveYearsFairValue
65000000 USD
CY2016Q4 dal Available For Sale Securities Debt Maturities After Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsFairValue
23000000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
487000000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-291000000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-581000000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-291000000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-581000000 USD
CY2016 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
37000000 USD
CY2015 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
198000000 USD
CY2014 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
127000000 USD
CY2016 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-68000000 USD
CY2015 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-130000000 USD
CY2014 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
4000000 USD
CY2016 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
27000000 USD
CY2016Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
38000000 USD
CY2015Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
119000000 USD
CY2016Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4696000000 USD
CY2015Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4696000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
976000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
828000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
976000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
811000000 USD
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17000000 USD
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18000000 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
55000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
16000000 USD
CY2016Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
7112000000 USD
CY2015Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
8098000000 USD
CY2016Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
104000000 USD
CY2015Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
152000000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
7008000000 USD
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
7946000000 USD
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1009000000 USD
CY2015Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1415000000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5999000000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6531000000 USD
CY2016 dal Debt Instrument Periodic Payment Percentage Of Principal
DebtInstrumentPeriodicPaymentPercentageOfPrincipal
0.01
CY2016Q4 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
2463000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1038000000 USD
CY2016Q4 dal Debt Instrument Amortization Discount Premium Net Year One
DebtInstrumentAmortizationDiscountPremiumNetYearOne
28000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2160000000 USD
CY2016Q4 dal Debt Instrument Amortization Discount Premium Net Year Two
DebtInstrumentAmortizationDiscountPremiumNetYearTwo
35000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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1289000000 USD
CY2016Q4 dal Debt Instrument Amortization Discount Premium Net Year Three
DebtInstrumentAmortizationDiscountPremiumNetYearThree
23000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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527000000 USD
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5000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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345000000 USD
CY2016Q4 dal Debt Instrument Amortization Discount Premium Net After Year Five
DebtInstrumentAmortizationDiscountPremiumNetAfterYearFive
8000000 USD
CY2016Q4 dal Debt Instrument Amortization Discount Premium Net Year Five
DebtInstrumentAmortizationDiscountPremiumNetYearFive
5000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1753000000 USD
CY2016Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
7112000000 USD
CY2016Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
104000000 USD
CY2016Q4 us-gaap Long Term Debt
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7008000000 USD
CY2016Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
7112000000 USD
CY2015Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
8098000000 USD
CY2016Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
104000000 USD
CY2015Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
152000000 USD
CY2016Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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7008000000 USD
CY2015Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
7946000000 USD
CY2016Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
7300000000 USD
CY2015Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
8400000000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1300000000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1200000000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
145000000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
85000000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
60000000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
43000000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
24000000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
21000000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
378000000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
54000000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
324000000 USD
CY2016Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
122000000 USD
CY2016Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
202000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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1572000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1443000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1304000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1133000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
862000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
6781000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
13095000000 USD
CY2010Q4 dal Special Project Bonds Face Amount Issued By Others
SpecialProjectBondsFaceAmountIssuedByOthers
800000000 USD
CY2016Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
722000000 USD
CY2016Q4 us-gaap Contractual Obligation
ContractualObligation
742000000 USD
CY2016 dal Unfunded Liability Defined Benefit Plan Interest Rate
UnfundedLiabilityDefinedBenefitPlanInterestRate
0.0885
CY2016 us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Next Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear
1200000000 USD
CY2016 dal Defined Benefit Plans Estimated Future Employer Contributionsin Next Fiscal Year Above Minimum
DefinedBenefitPlansEstimatedFutureEmployerContributionsinNextFiscalYearAboveMinimum
700000000 USD
CY2016 dal Assumed Health Care Plan Pre Age
AssumedHealthCarePlanPreAge
P65Y0M0D
CY2016 dal Assumed Health Care Plan Post Age
AssumedHealthCarePlanPostAge
P65Y0M0D
CY2016 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
526000000 USD
CY2015 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-1100000000 USD
CY2016 us-gaap Defined Benefit Plan Amount To Be Amortized From Accumulated Other Comprehensive Income Loss Next Fiscal Year
DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear
-268000000 USD
CY2016Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0420
CY2015Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0457
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0894
CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0894
CY2014 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0894
CY2016 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.0650
CY2015 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
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