2022 Q1 Form 10-Q Financial Statement
#000002790422000006 Filed on April 13, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q4 | 2021 Q1 |
---|---|---|---|
Revenue | $9.348B | $9.470B | $4.150B |
YoY Change | 125.25% | 138.36% | -51.7% |
Cost Of Revenue | $6.084B | $5.267B | $3.652B |
YoY Change | 66.59% | 74.46% | -25.47% |
Gross Profit | $3.264B | $4.203B | $498.0M |
YoY Change | 555.42% | 340.57% | -86.51% |
Gross Profit Margin | 34.92% | 44.38% | 12.0% |
Selling, General & Admin | $3.138B | $3.053B | $2.312B |
YoY Change | 35.73% | 50.84% | -26.11% |
% of Gross Profit | 96.14% | 72.64% | 464.26% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $506.0M | $504.0M | $492.0M |
YoY Change | 2.85% | 1.0% | -27.43% |
% of Gross Profit | 15.5% | 11.99% | 98.8% |
Operating Expenses | $4.052B | $3.956B | $3.126B |
YoY Change | 29.62% | 44.27% | -27.61% |
Operating Profit | -$783.0M | $247.0M | -$1.398B |
YoY Change | -43.99% | -113.81% | 240.98% |
Interest Expense | -$421.0M | -$695.0M | -$153.0M |
YoY Change | 175.16% | 156.46% | -712.0% |
% of Operating Profit | -281.38% | ||
Other Income/Expense, Net | -$417.0M | $90.00M | -$117.0M |
YoY Change | 256.41% | 328.57% | -40.61% |
Pretax Income | -$1.200B | -$395.0M | -$1.515B |
YoY Change | -20.79% | -64.35% | 149.59% |
Income Tax | -$260.0M | $13.00M | -$338.0M |
% Of Pretax Income | |||
Net Earnings | -$940.0M | -$408.0M | -$1.177B |
YoY Change | -20.14% | -45.96% | 120.41% |
Net Earnings / Revenue | -10.06% | -4.31% | -28.36% |
Basic Earnings Per Share | -$1.48 | -$1.85 | |
Diluted Earnings Per Share | -$1.48 | -$641.5K | -$1.85 |
COMMON SHARES | |||
Basic Shares Outstanding | 637.0M shares | 636.0M shares | |
Diluted Shares Outstanding | 637.0M shares | 636.0M shares |
Balance Sheet
Concept | 2022 Q1 | 2021 Q4 | 2021 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $9.955B | $11.32B | $14.04B |
YoY Change | -29.07% | -19.7% | 135.21% |
Cash & Equivalents | $7.705B | $7.933B | $8.460B |
Short-Term Investments | $2.250B | $3.386B | $5.575B |
Other Short-Term Assets | $1.434B | $1.119B | $1.153B |
YoY Change | 24.37% | -5.17% | 9.39% |
Inventory | $1.292B | $1.098B | $828.0M |
Prepaid Expenses | |||
Receivables | $3.039B | $2.404B | $1.837B |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $15.72B | $15.94B | $17.85B |
YoY Change | -11.95% | -8.41% | 73.75% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $37.44B | $35.99B | $32.44B |
YoY Change | 15.43% | 11.54% | 2.66% |
Goodwill | $9.753B | $9.753B | $9.753B |
YoY Change | 0.0% | 0.0% | 0.0% |
Intangibles | $5.999B | $6.001B | $6.009B |
YoY Change | -0.17% | -0.17% | -0.17% |
Long-Term Investments | $1.999B | $1.712B | $1.929B |
YoY Change | 3.63% | 2.82% | -47.64% |
Other Assets | $1.299B | $1.773B | $1.571B |
YoY Change | -17.31% | 30.66% | 10.63% |
Total Long-Term Assets | $58.03B | $56.52B | $55.23B |
YoY Change | 5.07% | 3.53% | -5.53% |
TOTAL ASSETS | |||
Total Short-Term Assets | $15.72B | $15.94B | $17.85B |
Total Long-Term Assets | $58.03B | $56.52B | $55.23B |
Total Assets | $73.75B | $72.46B | $73.08B |
YoY Change | 0.91% | 0.64% | 6.32% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.810B | $4.240B | $3.432B |
YoY Change | 40.15% | 49.3% | 2.85% |
Accrued Expenses | $5.187B | $4.906B | $5.629B |
YoY Change | -7.85% | 10.65% | 46.93% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $831.0M | $1.502B | $2.671B |
YoY Change | -68.89% | 4.09% | -38.41% |
Total Short-Term Liabilities | $24.06B | $20.97B | $20.69B |
YoY Change | 16.3% | 31.64% | 6.68% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $22.94B | $23.58B | $24.80B |
YoY Change | -7.51% | -11.12% | 111.08% |
Other Long-Term Liabilities | $4.289B | $4.398B | $4.792B |
YoY Change | -10.5% | -9.54% | 187.64% |
Total Long-Term Liabilities | $46.70B | $47.61B | $51.91B |
YoY Change | -10.05% | -12.71% | 48.17% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $24.06B | $20.97B | $20.69B |
Total Long-Term Liabilities | $46.70B | $47.61B | $51.91B |
Total Liabilities | $70.76B | $68.57B | $72.60B |
YoY Change | -2.54% | -2.68% | 33.39% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$1.088B | -$148.0M | -$1.605B |
YoY Change | -32.21% | -65.42% | -114.05% |
Common Stock | $11.46B | $11.45B | $11.33B |
YoY Change | 1.2% | 1.67% | 2.46% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $312.0M | $282.0M | $279.0M |
YoY Change | 11.83% | 8.88% | 3.33% |
Treasury Stock Shares | 10.49M shares | 9.753M shares | 9.700M shares |
Shareholders Equity | $2.991B | $3.887B | $482.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $73.75B | $72.46B | $73.08B |
YoY Change | 0.91% | 0.64% | 6.32% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q4 | 2021 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$940.0M | -$408.0M | -$1.177B |
YoY Change | -20.14% | -45.96% | 120.41% |
Depreciation, Depletion And Amortization | $506.0M | $504.0M | $492.0M |
YoY Change | 2.85% | 1.0% | -27.43% |
Cash From Operating Activities | $1.771B | $556.0M | $691.0M |
YoY Change | 156.3% | -143.23% | 93.02% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.766B | -$1.218B | -$438.0M |
YoY Change | 303.2% | 122.26% | -53.26% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $3.000M | $738.0M | -$168.0M |
YoY Change | -101.79% | -247.6% | 158.46% |
Cash From Investing Activities | -$749.0M | -$480.0M | -$60.00M |
YoY Change | 1148.33% | -54.2% | -97.98% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $0.00 | ||
YoY Change | -100.0% | ||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$1.456B | -1.167B | -$790.0M |
YoY Change | 84.3% | -80.41% | -114.78% |
NET CHANGE | |||
Cash From Operating Activities | $1.771B | 556.0M | $691.0M |
Cash From Investing Activities | -$749.0M | -480.0M | -$60.00M |
Cash From Financing Activities | -$1.456B | -1.167B | -$790.0M |
Net Change In Cash | -$434.0M | -1.091B | -$159.0M |
YoY Change | 172.96% | -86.84% | -105.82% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.771B | $556.0M | $691.0M |
Capital Expenditures | -$1.766B | -$1.218B | -$438.0M |
Free Cash Flow | $3.537B | $1.774B | $1.129B |
YoY Change | 213.29% | -340.38% | -12.82% |
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|
1017000000 | USD |
CY2022Q1 | dal |
Ancillary Businesses And Refinery Expenses
AncillaryBusinessesAndRefineryExpenses
|
1382000000 | USD |
CY2021Q1 | dal |
Ancillary Businesses And Refinery Expenses
AncillaryBusinessesAndRefineryExpenses
|
706000000 | USD |
CY2022Q1 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
753000000 | USD |
CY2021Q1 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
519000000 | USD |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
506000000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
492000000 | USD |
CY2022Q1 | us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
504000000 | USD |
CY2021Q1 | us-gaap |
Landing Fees And Other Rentals
LandingFeesAndOtherRentals
|
493000000 | USD |
CY2022Q1 | us-gaap |
Airline Capacity Purchase Arrangements
AirlineCapacityPurchaseArrangements
|
491000000 | USD |
CY2021Q1 | us-gaap |
Airline Capacity Purchase Arrangements
AirlineCapacityPurchaseArrangements
|
401000000 | USD |
CY2022Q1 | us-gaap |
Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
|
465000000 | USD |
CY2021Q1 | us-gaap |
Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
|
294000000 | USD |
CY2022Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
312000000 | USD |
CY2021Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
110000000 | USD |
CY2022Q1 | us-gaap |
Cost Of Services Catering
CostOfServicesCatering
|
275000000 | USD |
CY2021Q1 | us-gaap |
Cost Of Services Catering
CostOfServicesCatering
|
118000000 | USD |
CY2022Q1 | us-gaap |
Aircraft Rental
AircraftRental
|
122000000 | USD |
CY2021Q1 | us-gaap |
Aircraft Rental
AircraftRental
|
104000000 | USD |
CY2022Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
-5000000 | USD |
CY2021Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
-44000000 | USD |
CY2022Q1 | dal |
Grants Recognized Government Grants
GrantsRecognizedGovernmentGrants
|
0 | USD |
CY2021Q1 | dal |
Grants Recognized Government Grants
GrantsRecognizedGovernmentGrants
|
1186000000 | USD |
CY2022Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
408000000 | USD |
CY2021Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
322000000 | USD |
CY2022Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
10131000000 | USD |
CY2021Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
5548000000 | USD |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-783000000 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1398000000 | USD |
CY2022Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-274000000 | USD |
CY2021Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-361000000 | USD |
CY2022Q1 | dal |
Income Loss From Equity Method Investments And Other Than Temporary Impairment
IncomeLossFromEquityMethodInvestmentsAndOtherThanTemporaryImpairment
|
0 | USD |
CY2021Q1 | dal |
Income Loss From Equity Method Investments And Other Than Temporary Impairment
IncomeLossFromEquityMethodInvestmentsAndOtherThanTemporaryImpairment
|
-54000000 | USD |
CY2022Q1 | us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
-147000000 | USD |
CY2021Q1 | us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
262000000 | USD |
CY2022Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-25000000 | USD |
CY2021Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-56000000 | USD |
CY2022Q1 | us-gaap |
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
-73000000 | USD |
CY2021Q1 | us-gaap |
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
-107000000 | USD |
CY2022Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-44000000 | USD |
CY2021Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-15000000 | USD |
CY2022Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-417000000 | USD |
CY2021Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-117000000 | USD |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1200000000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1515000000 | USD |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-260000000 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-338000000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-940000000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1177000000 | USD |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.48 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.85 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.48 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.85 | |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0 | |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0 | |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-881000000 | USD |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1099000000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1771000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
691000000 | USD |
CY2022Q1 | us-gaap |
Payments For Flight Equipment
PaymentsForFlightEquipment
|
1276000000 | USD |
CY2021Q1 | us-gaap |
Payments For Flight Equipment
PaymentsForFlightEquipment
|
132000000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
490000000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
306000000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
226000000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
3161000000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
1346000000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
3371000000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
100000000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
0 | USD |
CY2022Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
3000000 | USD |
CY2021Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-168000000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-749000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-60000000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
924000000 | USD |
CY2022Q1 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
1443000000 | USD |
CY2021Q1 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
1775000000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-13000000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
61000000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1456000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-790000000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-434000000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-159000000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8569000000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10055000000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8135000000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9896000000 | USD |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
42000000 | USD |
CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
473000000 | USD |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
359000000 | USD |
CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
20000000 | USD |
CY2022Q1 | us-gaap |
Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
|
330000000 | USD |
CY2021Q1 | us-gaap |
Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
|
200000000 | USD |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7705000000 | USD |
CY2021Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8460000000 | USD |
CY2022Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
170000000 | USD |
CY2021Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
213000000 | USD |
CY2022Q1 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
260000000 | USD |
CY2021Q1 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
1223000000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8135000000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9896000000 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3887000000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-940000000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
59000000 | USD |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-15000000 | USD |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2991000000 | USD |
CY2022Q1 | dal |
Weighted Average Price Per Treasury Share Withheld For Taxes
WeightedAveragePricePerTreasuryShareWithheldForTaxes
|
41.00 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1534000000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1177000000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
78000000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
3000000 | USD |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
44000000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
482000000 | USD |
CY2021Q1 | dal |
Weighted Average Price Per Treasury Share Withheld For Taxes
WeightedAveragePricePerTreasuryShareWithheldForTaxes
|
38.35 | |
CY2022Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
2200000000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
822000000 | USD |
CY2022Q1 | dal |
Sales Of Mileage Credits
SalesOfMileageCredits
|
1200000000 | USD |
CY2021Q1 | dal |
Sales Of Mileage Credits
SalesOfMileageCredits
|
767000000 | USD |
CY2022Q1 | dal |
Mileage Credit Redemption Majority Of New Miles Redemption Period
MileageCreditRedemptionMajorityOfNewMilesRedemptionPeriod
|
P2Y | |
CY2022Q1 | dal |
Loyalty Program Liability Mileage Credits Earned
LoyaltyProgramLiabilityMileageCreditsEarned
|
658000000 | USD |
CY2021Q1 | dal |
Loyalty Program Liability Mileage Credits Earned
LoyaltyProgramLiabilityMileageCreditsEarned
|
354000000 | USD |
CY2022Q1 | dal |
Loyalty Program Liability Travel Mileage Credits Redeemed
LoyaltyProgramLiabilityTravelMileageCreditsRedeemed
|
543000000 | USD |
CY2021Q1 | dal |
Loyalty Program Liability Travel Mileage Credits Redeemed
LoyaltyProgramLiabilityTravelMileageCreditsRedeemed
|
241000000 | USD |
CY2022Q1 | dal |
Loyalty Program Liability Non Travel Mileage Credits Redeemed
LoyaltyProgramLiabilityNonTravelMileageCreditsRedeemed
|
30000000 | USD |
CY2021Q1 | dal |
Loyalty Program Liability Non Travel Mileage Credits Redeemed
LoyaltyProgramLiabilityNonTravelMileageCreditsRedeemed
|
10000000 | USD |
CY2022Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
7644000000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
7285000000 | USD |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9348000000 | USD |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4150000000 | USD |
CY2022Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
23770000000 | USD |
CY2022Q1 | us-gaap |
Short Term Investments
ShortTermInvestments
|
2200000000 | USD |
CY2022Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
1600000000 | USD |
CY2022Q1 | dal |
Equity Securities And Equity Method Investments
EquitySecuritiesAndEquityMethodInvestments
|
1999000000 | USD |
CY2021Q4 | dal |
Equity Securities And Equity Method Investments
EquitySecuritiesAndEquityMethodInvestments
|
1712000000 | USD |
CY2022Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
23963000000 | USD |
CY2021Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
25292000000 | USD |
CY2022Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
193000000 | USD |
CY2021Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
208000000 | USD |
CY2022Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
23770000000 | USD |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
25084000000 | USD |
CY2022Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
831000000 | USD |
CY2021Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1502000000 | USD |
CY2022Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
22939000000 | USD |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
23582000000 | USD |
CY2022Q1 | dal |
Letters Of Credit Outstanding That Do Not Reduce Availability Under Revolving Facilities Amount
LettersOfCreditOutstandingThatDoNotReduceAvailabilityUnderRevolvingFacilitiesAmount
|
400000000 | USD |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
25084000000 | USD |
CY2022Q1 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
24200000000 | USD |
CY2021Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
26900000000 | USD |
CY2022Q1 | us-gaap |
Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
|
-18000000 | USD |
CY2022Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-59000000 | USD |
CY2021Q1 | us-gaap |
Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
|
-23000000 | USD |
CY2021Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-78000000 | USD |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9348000000 | USD |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-783000000 | USD |
CY2022Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-274000000 | USD |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
506000000 | USD |
CY2022Q1 | us-gaap |
Assets
Assets
|
73748000000 | USD |
CY2022Q1 | dal |
Net Obligation Renewable Fuel Compliance Fair Value
NetObligationRenewableFuelComplianceFairValue
|
430000000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1766000000 | USD |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4150000000 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1398000000 | USD |
CY2021Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-361000000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
492000000 | USD |
CY2021Q1 | us-gaap |
Assets
Assets
|
73083000000 | USD |
CY2021Q1 | dal |
Net Obligation Renewable Fuel Compliance Fair Value
NetObligationRenewableFuelComplianceFairValue
|
285000000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
438000000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-940000000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1177000000 | USD |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
637000000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
636000000 | shares |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2021Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
637000000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
636000000 | shares |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.48 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.85 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.48 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.85 |