2018 Q3 Form 10-Q Financial Statement
#000002790418000020 Filed on October 11, 2018
Income Statement
Concept | 2018 Q3 | 2017 Q3 |
---|---|---|
Revenue | $11.95B | $11.06B |
YoY Change | 8.06% | 5.51% |
Cost Of Revenue | $5.600B | $4.878B |
YoY Change | 14.8% | 13.95% |
Gross Profit | $6.353B | $6.183B |
YoY Change | 2.75% | -0.31% |
Gross Profit Margin | 53.15% | 55.9% |
Selling, General & Admin | $3.687B | $3.432B |
YoY Change | 7.43% | 5.44% |
% of Gross Profit | 58.04% | 55.51% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $573.0M | $571.0M |
YoY Change | 0.35% | 20.46% |
% of Gross Profit | 9.02% | 9.23% |
Operating Expenses | $10.31B | $9.238B |
YoY Change | 11.58% | 8.5% |
Operating Profit | $1.645B | $1.823B |
YoY Change | -9.76% | -7.41% |
Interest Expense | -$16.00M | $100.0M |
YoY Change | -116.0% | 5.26% |
% of Operating Profit | -0.97% | 5.49% |
Other Income/Expense, Net | $43.00M | -$47.00M |
YoY Change | -191.49% | -31.88% |
Pretax Income | $1.688B | $1.776B |
YoY Change | -4.95% | -6.53% |
Income Tax | $366.0M | $617.0M |
% Of Pretax Income | 21.68% | 34.74% |
Net Earnings | $1.322B | $1.159B |
YoY Change | 14.06% | -7.94% |
Net Earnings / Revenue | 11.06% | 10.48% |
Basic Earnings Per Share | $1.93 | $1.62 |
Diluted Earnings Per Share | $1.92 | $1.61 |
COMMON SHARES | ||
Basic Shares Outstanding | 686.0M shares | 716.0M shares |
Diluted Shares Outstanding | 688.0M shares | 719.0M shares |
Balance Sheet
Concept | 2018 Q3 | 2017 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $1.858B | $2.438B |
YoY Change | -23.79% | -22.65% |
Cash & Equivalents | $1.380B | $1.478B |
Short-Term Investments | $478.0M | $960.0M |
Other Short-Term Assets | $1.181B | $1.110B |
YoY Change | 6.4% | -21.05% |
Inventory | $1.170B | $1.136B |
Prepaid Expenses | ||
Receivables | $2.517B | $2.399B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $6.726B | $7.083B |
YoY Change | -5.04% | -3.36% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $28.57B | $25.90B |
YoY Change | 10.29% | 7.45% |
Goodwill | $9.794B | $9.794B |
YoY Change | 0.0% | 0.0% |
Intangibles | $4.835B | $4.851B |
YoY Change | -0.33% | 0.06% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $3.437B | $2.878B |
YoY Change | 19.42% | 67.13% |
Total Long-Term Assets | $53.20B | $45.49B |
YoY Change | 16.94% | 4.29% |
TOTAL ASSETS | ||
Total Short-Term Assets | $6.726B | $7.083B |
Total Long-Term Assets | $53.20B | $45.49B |
Total Assets | $59.92B | $52.58B |
YoY Change | 13.98% | 3.19% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $3.265B | $3.059B |
YoY Change | 6.73% | 19.17% |
Accrued Expenses | $4.105B | $4.554B |
YoY Change | -9.86% | -3.48% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $1.080B | $1.224B |
YoY Change | -11.76% | 12.09% |
Total Short-Term Liabilities | $18.16B | $16.50B |
YoY Change | 10.08% | 8.91% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $7.801B | $7.584B |
YoY Change | 2.86% | 17.16% |
Other Long-Term Liabilities | $2.517B | $2.001B |
YoY Change | 25.79% | 2.3% |
Total Long-Term Liabilities | $23.14B | $21.43B |
YoY Change | 7.98% | -7.99% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $18.16B | $16.50B |
Total Long-Term Liabilities | $23.14B | $21.43B |
Total Liabilities | $41.30B | $37.93B |
YoY Change | 8.89% | -1.33% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $9.696B | $9.502B |
YoY Change | 2.04% | -14.47% |
Common Stock | $11.74B | $12.13B |
YoY Change | -3.24% | 36.53% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $197.0M | $158.0M |
YoY Change | 24.68% | -42.34% |
Treasury Stock Shares | 8.181M shares | 7.460M shares |
Shareholders Equity | $13.49B | $14.00B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $55.00B | $51.93B |
YoY Change | 5.92% | 1.92% |
Cashflow Statement
Concept | 2018 Q3 | 2017 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $1.322B | $1.159B |
YoY Change | 14.06% | -7.94% |
Depreciation, Depletion And Amortization | $573.0M | $571.0M |
YoY Change | 0.35% | 20.46% |
Cash From Operating Activities | $1.499B | $1.593B |
YoY Change | -5.9% | -14.08% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$962.0M | -$941.0M |
YoY Change | 2.23% | 38.38% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $59.00M | -$354.0M |
YoY Change | -116.67% | 71.01% |
Cash From Investing Activities | -$903.0M | -$1.295B |
YoY Change | -30.27% | 46.0% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -1.208B | -1.086B |
YoY Change | 11.23% | 9.59% |
NET CHANGE | ||
Cash From Operating Activities | 1.499B | 1.593B |
Cash From Investing Activities | -903.0M | -1.295B |
Cash From Financing Activities | -1.208B | -1.086B |
Net Change In Cash | -612.0M | -788.0M |
YoY Change | -22.34% | 3183.33% |
FREE CASH FLOW | ||
Cash From Operating Activities | $1.499B | $1.593B |
Capital Expenditures | -$962.0M | -$941.0M |
Free Cash Flow | $2.461B | $2.534B |
YoY Change | -2.88% | 0.0% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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|
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P1Y | ||
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Mileage Credit Redemption Majority Of New Miles Redemption Period
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|
P2Y | ||
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Reclassification From Accumulated Other Comprehensive Income To Retained Earnings Adoption Of Accounting Standard Tax
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1214000000 | USD | |
CY2018Q3 | us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
421000000 | USD |
CY2017Q3 | us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
392000000 | USD |
us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
1201000000 | USD | |
us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
1126000000 | USD | |
CY2018Q3 | us-gaap |
Other Labor Related Expenses
OtherLaborRelatedExpenses
|
395000000 | USD |
CY2017Q3 | us-gaap |
Other Labor Related Expenses
OtherLaborRelatedExpenses
|
314000000 | USD |
us-gaap |
Other Labor Related Expenses
OtherLaborRelatedExpenses
|
978000000 | USD | |
us-gaap |
Other Labor Related Expenses
OtherLaborRelatedExpenses
|
803000000 | USD | |
CY2018Q3 | us-gaap |
Cost Of Services Catering
CostOfServicesCatering
|
329000000 | USD |
CY2017Q3 | us-gaap |
Cost Of Services Catering
CostOfServicesCatering
|
331000000 | USD |
us-gaap |
Cost Of Services Catering
CostOfServicesCatering
|
892000000 | USD | |
us-gaap |
Cost Of Services Catering
CostOfServicesCatering
|
849000000 | USD | |
CY2018Q3 | us-gaap |
Aircraft Rental
AircraftRental
|
99000000 | USD |
CY2017Q3 | us-gaap |
Aircraft Rental
AircraftRental
|
89000000 | USD |
us-gaap |
Aircraft Rental
AircraftRental
|
291000000 | USD | |
us-gaap |
Aircraft Rental
AircraftRental
|
258000000 | USD | |
CY2018Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
455000000 | USD |
CY2017Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
431000000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
1305000000 | USD | |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
1230000000 | USD | |
CY2018Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
10311000000 | USD |
CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
9238000000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
29535000000 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
26105000000 | USD | |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1642000000 | USD |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1823000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
4161000000 | USD | |
CY2018Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-84000000 | USD |
CY2017Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-100000000 | USD |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-274000000 | USD | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-297000000 | USD | |
CY2018Q3 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
50000000 | USD |
CY2017Q3 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
0 | USD |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-171000000 | USD | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
0 | USD | |
CY2018Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
66000000 | USD |
CY2017Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
53000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
48000000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-51000000 | USD | |
CY2018Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
32000000 | USD |
CY2017Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-47000000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-397000000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-348000000 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1674000000 | USD |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1776000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
3764000000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
4457000000 | USD | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
362000000 | USD |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
617000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
880000000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1550000000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1312000000 | USD |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1159000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2884000000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2907000000 | USD | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.91 | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.62 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.15 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.01 | ||
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.91 | |
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.61 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.14 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.00 | ||
CY2018Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.35 | |
CY2017Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.31 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.96 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.71 | ||
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1383000000 | USD |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1233000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2970000000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
3067000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
5650000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3132000000 | USD | |
us-gaap |
Payments For Flight Equipment
PaymentsForFlightEquipment
|
2833000000 | USD | |
us-gaap |
Payments For Flight Equipment
PaymentsForFlightEquipment
|
1905000000 | USD | |
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
980000000 | USD | |
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
826000000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
795000000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
145000000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
868000000 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
490000000 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
395000000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-87000000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-38000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3381000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3961000000 | USD | |
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
2741000000 | USD | |
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
819000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1250000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1350000000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
670000000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
516000000 | USD | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
1000000 | USD | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
341000000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
3124000000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
2004000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
64000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-140000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1474000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-480000000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
795000000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1309000000 | USD | |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1853000000 | USD |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2826000000 | USD |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2648000000 | USD |
CY2017Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1517000000 | USD |
us-gaap |
Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
|
0 | USD | |
us-gaap |
Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
|
350000000 | USD | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
93000000 | USD | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
249000000 | USD | |
CY2018Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1380000000 | USD |
CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1478000000 | USD |
CY2018Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
54000000 | USD |
CY2017Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
39000000 | USD |
CY2018Q3 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
1214000000 | USD |
CY2017Q3 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
0 | USD |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2648000000 | USD |
CY2017Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1517000000 | USD |
CY2017Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
11061000000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
30910000000 | USD | |
CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
9238000000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
26105000000 | USD | |
CY2017Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-47000000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-348000000 | USD | |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
617000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1550000000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1159000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2907000000 | USD | |
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.61 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.00 | ||
CY2017Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
1354000000 | USD |
CY2017Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
4089000000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
8256000000 | USD |
dal |
Sales Of Mileage Credits
SalesOfMileageCredits
|
2600000000 | USD | |
dal |
Sales Of Mileage Credits
SalesOfMileageCredits
|
2300000000 | USD | |
dal |
Sales Of Mileage Credits
SalesOfMileageCredits
|
2600000000 | USD | |
dal |
Sales Of Mileage Credits
SalesOfMileageCredits
|
2300000000 | USD | |
dal |
Frequent Flyer Liability Mileage Credits Earned
FrequentFlyerLiabilityMileageCreditsEarned
|
2322000000 | USD | |
dal |
Frequent Flyer Liability Mileage Credits Earned
FrequentFlyerLiabilityMileageCreditsEarned
|
2193000000 | USD | |
dal |
Frequent Flyer Liability Travel Mileage Credits Redeemed
FrequentFlyerLiabilityTravelMileageCreditsRedeemed
|
1976000000 | USD | |
dal |
Frequent Flyer Liability Travel Mileage Credits Redeemed
FrequentFlyerLiabilityTravelMileageCreditsRedeemed
|
1826000000 | USD | |
dal |
Frequent Flyer Liability Non Travel Mileage Credits Redeemed
FrequentFlyerLiabilityNonTravelMileageCreditsRedeemed
|
125000000 | USD | |
dal |
Frequent Flyer Liability Non Travel Mileage Credits Redeemed
FrequentFlyerLiabilityNonTravelMileageCreditsRedeemed
|
114000000 | USD | |
CY2018Q3 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
226000000 | USD |
CY2018Q3 | dal |
Available For Sale Securities Debt Maturities After One Year Through Three Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneYearThroughThreeYearsFairValue
|
228000000 | USD |
CY2018Q3 | dal |
Available For Sale Securities Debt Maturities After Three Years Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterThreeYearsThroughFiveYearsFairValue
|
6000000 | USD |
CY2018Q3 | dal |
Available For Sale Securities Debt Maturities After Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsFairValue
|
18000000 | USD |
CY2018Q3 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
478000000 | USD |
CY2018Q3 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-76000000 | USD |
CY2017Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-83000000 | USD |
CY2018Q3 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-76000000 | USD |
CY2017Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-83000000 | USD |
CY2018Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
8864000000 | USD |
CY2017Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
8539000000 | USD |
CY2018Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
-17000000 | USD |
CY2017Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
99000000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
8881000000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
8440000000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1080000000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
2145000000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
7801000000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
6295000000 | USD |
CY2018Q2 | dal |
Number Of Rating Agencies
NumberOfRatingAgencies
|
2 | rating_agency |
CY2018Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
8864000000 | USD |
CY2017Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
8539000000 | USD |
CY2018Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
-17000000 | USD |
CY2017Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
99000000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
8881000000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
8440000000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
9000000000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
8700000000 | USD |
CY2018Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
11953000000 | USD |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1642000000 | USD |
CY2018Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-84000000 | USD |
CY2018Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
580000000 | USD |
CY2018Q3 | us-gaap |
Assets
Assets
|
55003000000 | USD |
CY2018Q3 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
967000000 | USD |
CY2017Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
11061000000 | USD |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1823000000 | USD |
CY2017Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-100000000 | USD |
CY2017Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
571000000 | USD |
CY2017Q3 | us-gaap |
Assets
Assets
|
52575000000 | USD |
CY2017Q3 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
941000000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
33696000000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
4161000000 | USD | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-274000000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1780000000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
3813000000 | USD | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
30910000000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
4805000000 | USD | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-297000000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1639000000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
2731000000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1312000000 | USD |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1159000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2884000000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2907000000 | USD | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
686000000 | shares |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
716000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
695000000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
724000000 | shares | |
CY2018Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2000000 | shares |
CY2017Q3 | 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
|
2000000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3000000 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
688000000 | shares |
CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
719000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
697000000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
727000000 | shares | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.91 | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.62 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.15 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.01 | ||
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.91 | |
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.61 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.14 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.00 |