2017 Q2 Form 10-Q Financial Statement
#000002790417000013 Filed on July 13, 2017
Income Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
Revenue | $10.75B | $10.45B |
YoY Change | 2.87% | -2.43% |
Cost Of Revenue | $4.533B | $3.300B |
YoY Change | 37.36% | -4.76% |
Gross Profit | $6.214B | $7.147B |
YoY Change | -13.05% | -1.31% |
Gross Profit Margin | 57.82% | 68.41% |
Selling, General & Admin | $3.326B | $3.152B |
YoY Change | 5.52% | 4.13% |
% of Gross Profit | 53.52% | 44.1% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $531.0M | $470.0M |
YoY Change | 12.98% | 4.91% |
% of Gross Profit | 8.55% | 6.58% |
Operating Expenses | $8.765B | $8.024B |
YoY Change | 9.23% | -2.54% |
Operating Profit | $1.982B | $2.423B |
YoY Change | -18.2% | -2.06% |
Interest Expense | $103.0M | $93.00M |
YoY Change | 10.75% | -26.77% |
% of Operating Profit | 5.2% | 3.84% |
Other Income/Expense, Net | -$151.0M | -$73.00M |
YoY Change | 106.85% | -32.41% |
Pretax Income | $1.831B | $2.350B |
YoY Change | -22.09% | -0.68% |
Income Tax | $645.0M | $804.0M |
% Of Pretax Income | 35.23% | 34.21% |
Net Earnings | $1.186B | $1.546B |
YoY Change | -23.29% | 4.11% |
Net Earnings / Revenue | 11.04% | 14.8% |
Basic Earnings Per Share | $1.63 | $2.04 |
Diluted Earnings Per Share | $1.62 | $2.03 |
COMMON SHARES | ||
Basic Shares Outstanding | 728.0M shares | 758.0M shares |
Diluted Shares Outstanding | 731.0M shares | 763.0M shares |
Balance Sheet
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $2.988B | $2.951B |
YoY Change | 1.25% | -22.08% |
Cash & Equivalents | $2.241B | $1.662B |
Short-Term Investments | $747.0M | $1.289B |
Other Short-Term Assets | $1.087B | $1.790B |
YoY Change | -39.27% | -61.69% |
Inventory | $938.0M | $795.0M |
Prepaid Expenses | ||
Receivables | $2.164B | $2.102B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $7.177B | $7.638B |
YoY Change | -6.04% | -33.24% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $25.37B | $23.98B |
YoY Change | 5.81% | 6.65% |
Goodwill | $9.794B | $9.794B |
YoY Change | 0.0% | 0.0% |
Intangibles | $4.855B | $4.852B |
YoY Change | 0.06% | 5.62% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $2.545B | $1.578B |
YoY Change | 61.28% | 43.72% |
Total Long-Term Assets | $45.27B | $44.00B |
YoY Change | 2.9% | 6.68% |
TOTAL ASSETS | ||
Total Short-Term Assets | $7.177B | $7.638B |
Total Long-Term Assets | $45.27B | $44.00B |
Total Assets | $52.45B | $51.63B |
YoY Change | 1.58% | -1.99% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $2.726B | $2.956B |
YoY Change | -7.78% | 5.46% |
Accrued Expenses | $4.344B | $4.635B |
YoY Change | -6.28% | 29.47% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $1.098B | $1.115B |
YoY Change | -1.52% | -32.79% |
Total Short-Term Liabilities | $16.63B | $16.25B |
YoY Change | 2.34% | -4.87% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $7.916B | $6.689B |
YoY Change | 18.34% | -11.96% |
Other Long-Term Liabilities | $1.885B | $2.015B |
YoY Change | -6.45% | -13.22% |
Total Long-Term Liabilities | $21.71B | $23.57B |
YoY Change | -7.93% | -9.8% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $16.63B | $16.25B |
Total Long-Term Liabilities | $21.71B | $23.57B |
Total Liabilities | $38.34B | $39.82B |
YoY Change | -3.74% | -7.85% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $8.905B | $10.00B |
YoY Change | -10.95% | 80.51% |
Common Stock | $12.28B | $9.361B |
YoY Change | 31.17% | -19.86% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $156.0M | $272.0M |
YoY Change | -42.65% | -26.49% |
Treasury Stock Shares | 7.422M shares | 14.08M shares |
Shareholders Equity | $13.48B | $11.81B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $51.82B | $51.63B |
YoY Change | 0.35% | -2.17% |
Cashflow Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $1.186B | $1.546B |
YoY Change | -23.29% | 4.11% |
Depreciation, Depletion And Amortization | $531.0M | $470.0M |
YoY Change | 12.98% | 4.91% |
Cash From Operating Activities | $2.369B | $3.215B |
YoY Change | -26.31% | 17.12% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$988.0M | -$1.046B |
YoY Change | -5.54% | 13.82% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $30.00M | -$66.00M |
YoY Change | -145.45% | 83.33% |
Cash From Investing Activities | -$958.0M | -$1.112B |
YoY Change | -13.85% | 16.44% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -1.074B | -2.149B |
YoY Change | -50.02% | 32.74% |
NET CHANGE | ||
Cash From Operating Activities | 2.369B | 3.215B |
Cash From Investing Activities | -958.0M | -1.112B |
Cash From Financing Activities | -1.074B | -2.149B |
Net Change In Cash | 337.0M | -46.00M |
YoY Change | -832.61% | -126.9% |
FREE CASH FLOW | ||
Cash From Operating Activities | $2.369B | $3.215B |
Capital Expenditures | -$988.0M | -$1.046B |
Free Cash Flow | $3.357B | $4.261B |
YoY Change | -21.22% | 16.29% |
Facts In Submission
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---|---|---|---|---|
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Accumulated Other Comprehensive Income Loss Tax Portion Attributableto Parent Total
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Non Cash Income Tax Expense Recorded In Other Comprehensive Income
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Q2 | ||
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2017 | ||
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ProfessionalAndContractServicesExpense
|
1066000000 | USD | |
us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
960000000 | USD | |
CY2017Q2 | us-gaap |
Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
|
475000000 | USD |
CY2016Q2 | us-gaap |
Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
|
446000000 | USD |
us-gaap |
Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
|
993000000 | USD | |
us-gaap |
Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
|
895000000 | USD | |
CY2017Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
458000000 | USD |
CY2016Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
437000000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
862000000 | USD | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
825000000 | USD | |
CY2017Q2 | us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
379000000 | USD |
CY2016Q2 | us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
376000000 | USD |
us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
744000000 | USD | |
us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
724000000 | USD | |
CY2017Q2 | us-gaap |
Cost Of Services Catering
CostOfServicesCatering
|
271000000 | USD |
CY2016Q2 | us-gaap |
Cost Of Services Catering
CostOfServicesCatering
|
221000000 | USD |
us-gaap |
Cost Of Services Catering
CostOfServicesCatering
|
491000000 | USD | |
us-gaap |
Cost Of Services Catering
CostOfServicesCatering
|
410000000 | USD | |
CY2017Q2 | us-gaap |
Other Labor Related Expenses
OtherLaborRelatedExpenses
|
338000000 | USD |
CY2016Q2 | us-gaap |
Other Labor Related Expenses
OtherLaborRelatedExpenses
|
324000000 | USD |
us-gaap |
Other Labor Related Expenses
OtherLaborRelatedExpenses
|
489000000 | USD | |
us-gaap |
Other Labor Related Expenses
OtherLaborRelatedExpenses
|
596000000 | USD | |
CY2017Q2 | us-gaap |
Aircraft Rental
AircraftRental
|
86000000 | USD |
CY2016Q2 | us-gaap |
Aircraft Rental
AircraftRental
|
66000000 | USD |
us-gaap |
Aircraft Rental
AircraftRental
|
170000000 | USD | |
us-gaap |
Aircraft Rental
AircraftRental
|
132000000 | USD | |
CY2017Q2 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
533000000 | USD |
CY2016Q2 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
485000000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
1000000000 | USD | |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
978000000 | USD | |
CY2017Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
8763000000 | USD |
CY2016Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
8024000000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
16858000000 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
15735000000 | USD | |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2028000000 | USD |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2423000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3081000000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3963000000 | USD | |
CY2017Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-103000000 | USD |
CY2016Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-93000000 | USD |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-197000000 | USD | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-200000000 | USD | |
CY2017Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-34000000 | USD |
CY2016Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
20000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-78000000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
21000000 | USD | |
CY2017Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-137000000 | USD |
CY2016Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-73000000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-275000000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-179000000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1891000000 | USD |
CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2350000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2806000000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
3784000000 | USD | |
CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
667000000 | USD |
CY2016Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
804000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
979000000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1292000000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1224000000 | USD |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1546000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1827000000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2492000000 | USD | |
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.68 | |
CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.04 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.51 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.25 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.68 | |
CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.03 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.50 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.23 | ||
CY2017Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.20 | |
CY2016Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.14 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.41 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.27 | ||
CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1246000000 | USD |
CY2016Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1546000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1914000000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2488000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1585000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4226000000 | USD | |
us-gaap |
Payments For Flight Equipment
PaymentsForFlightEquipment
|
1292000000 | USD | |
us-gaap |
Payments For Flight Equipment
PaymentsForFlightEquipment
|
1644000000 | USD | |
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
498000000 | USD | |
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
273000000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
622000000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
567000000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
866000000 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
307000000 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
1051000000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
40000000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-19000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2712000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1713000000 | USD | |
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
564000000 | USD | |
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
1149000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
800000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1801000000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
297000000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
210000000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
341000000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
4000000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
2004000000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
450000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-78000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-117000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
606000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2823000000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-521000000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-310000000 | 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 |
CY2017Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2241000000 | USD |
CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1662000000 | USD |
us-gaap |
Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
|
350000000 | USD | |
us-gaap |
Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
|
350000000 | USD | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
208000000 | USD | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
50000000 | USD | |
CY2017Q2 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
1720000000 | USD |
CY2017Q2 | us-gaap |
Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
|
63000000 | USD |
CY2017Q2 | us-gaap |
Price Risk Derivatives At Fair Value Net
PriceRiskDerivativesAtFairValueNet
|
-203000000 | USD |
CY2017Q2 | us-gaap |
Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
|
-4000000 | USD |
CY2017Q2 | us-gaap |
Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
ForeignCurrencyCashFlowHedgeDerivativeAtFairValueNet
|
-7000000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
2279000000 | USD |
CY2016Q4 | us-gaap |
Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
|
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 |
CY2017Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
239000000 | USD |
CY2017Q2 | dal |
Available For Sale Securities Debt Maturities After One Year Through Three Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneYearThroughThreeYearsFairValue
|
438000000 | USD |
CY2017Q2 | dal |
Available For Sale Securities Debt Maturities After Three Years Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterThreeYearsThroughFiveYearsFairValue
|
51000000 | USD |
CY2017Q2 | dal |
Available For Sale Securities Debt Maturities After Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsFairValue
|
19000000 | USD |
CY2017Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
747000000 | USD |
CY2017Q2 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-214000000 | USD |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-291000000 | USD |
CY2017Q2 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-214000000 | USD |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-291000000 | USD |
CY2017Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
8678000000 | USD |
CY2016Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
7112000000 | USD |
CY2017Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
108000000 | USD |
CY2016Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
104000000 | USD |
CY2017Q2 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
8570000000 | USD |
CY2016Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
7008000000 | USD |
CY2017Q2 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
8900000000 | USD |
CY2016Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
7300000000 | USD |
us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
3200000000 | USD | |
dal |
Treasury Stock Contributedto Qualified Defined Benefit Pension Plan Amount
TreasuryStockContributedtoQualifiedDefinedBenefitPensionPlanAmount
|
350000000 | USD | |
CY2017Q2 | dei |
Entity Number Of Employees
EntityNumberOfEmployees
|
87000 | employee |
CY2017Q2 | dal |
Percentage Of Employees Represented By Unions Under Collective Bargaining Agreements
PercentageOfEmployeesRepresentedByUnionsUnderCollectiveBargainingAgreements
|
0.16 | |
CY2017Q2 | us-gaap |
Revenues
Revenues
|
10791000000 | USD |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2028000000 | USD |
CY2017Q2 | us-gaap |
Interest Expense
InterestExpense
|
103000000 | USD |
CY2017Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
535000000 | USD |
CY2017Q2 | us-gaap |
Assets
Assets
|
51815000000 | USD |
CY2017Q2 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
988000000 | USD |
CY2016Q2 | us-gaap |
Revenues
Revenues
|
10447000000 | USD |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2423000000 | USD |
CY2016Q2 | us-gaap |
Interest Expense
InterestExpense
|
93000000 | USD |
CY2016Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
470000000 | USD |
CY2016Q2 | us-gaap |
Assets
Assets
|
51634000000 | USD |
CY2016Q2 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1046000000 | USD |
us-gaap |
Revenues
Revenues
|
19939000000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3081000000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
197000000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1075000000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1790000000 | USD | |
us-gaap |
Revenues
Revenues
|
19698000000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3963000000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
200000000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
956000000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1917000000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1224000000 | USD |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1546000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1827000000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2492000000 | USD | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
728000000 | shares |
CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
758000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
728000000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
766000000 | shares | |
CY2017Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3000000 | shares |
CY2016Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
5000000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3000000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
6000000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
731000000 | shares |
CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
763000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
731000000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
772000000 | shares | |
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.68 | |
CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.04 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.51 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.25 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.68 | |
CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.03 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.50 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.23 |