$DAL
DELTA AIR LINES, INC.

2012 Q2 Form 10-Q Financial Statement

#000144530512002271 Filed on July 25, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $9.732B $9.153B
YoY Change 6.33% 12.06%
Cost Of Revenue $6.829B $5.548B
YoY Change 23.09% 29.54%
Gross Profit $2.903B $3.605B
YoY Change -19.47% -7.21%
Gross Profit Margin 29.83% 39.39%
Selling, General & Admin $2.353B $2.187B
YoY Change 7.59% 0.83%
% of Gross Profit 81.05% 60.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $388.0M $381.0M
YoY Change 1.84% 0.53%
% of Gross Profit 13.37% 10.57%
Operating Expenses $9.598B $8.672B
YoY Change 10.68% 193.87%
Operating Profit $134.0M $481.0M
YoY Change -72.14% -43.54%
Interest Expense $305.0M $233.0M
YoY Change 30.9% -8.63%
% of Operating Profit 227.61% 48.44%
Other Income/Expense, Net -$298.0M -$286.0M
YoY Change 4.2% -25.52%
Pretax Income -$164.0M $195.0M
YoY Change -184.1% -58.33%
Income Tax $4.000M -$3.000M
% Of Pretax Income -1.54%
Net Earnings -$168.0M $198.0M
YoY Change -184.85% -57.6%
Net Earnings / Revenue -1.73% 2.16%
Basic Earnings Per Share -$0.20 $0.24
Diluted Earnings Per Share -$0.20 $0.23
COMMON SHARES
Basic Shares Outstanding 845.0M shares 838.0M shares
Diluted Shares Outstanding 845.0M shares 844.0M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.498B $3.822B
YoY Change -8.48% -13.8%
Cash & Equivalents $2.539B $2.855B
Short-Term Investments $959.0M $967.0M
Other Short-Term Assets $2.738B $1.953B
YoY Change 40.19% 29.85%
Inventory $393.0M $403.0M
Prepaid Expenses
Receivables $1.828B $1.885B
Other Receivables $0.00 $0.00
Total Short-Term Assets $8.457B $8.063B
YoY Change 4.89% 2.48%
LONG-TERM ASSETS
Property, Plant & Equipment $20.61B $20.32B
YoY Change 1.45% -0.4%
Goodwill $9.794B $9.794B
YoY Change 0.0%
Intangibles $4.716B
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.144B $992.0M
YoY Change 15.32% 2.8%
Total Long-Term Assets $36.26B $35.82B
YoY Change 1.25% -0.35%
TOTAL ASSETS
Total Short-Term Assets $8.457B $8.063B
Total Long-Term Assets $36.26B $35.82B
Total Assets $44.72B $43.88B
YoY Change 1.92% 0.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.175B $1.900B
YoY Change 14.47% 16.56%
Accrued Expenses $2.870B $1.813B
YoY Change 58.3% 0.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.779B $1.635B
YoY Change 8.81% 5.14%
Total Short-Term Liabilities $14.69B $12.80B
YoY Change 14.77% 7.65%
LONG-TERM LIABILITIES
Long-Term Debt $11.22B $13.03B
YoY Change -13.86% -8.45%
Other Long-Term Liabilities $1.606B $1.383B
YoY Change 16.12% -91.18%
Total Long-Term Liabilities $31.16B $30.29B
YoY Change 2.88% 1.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.69B $12.80B
Total Long-Term Liabilities $31.16B $30.29B
Total Liabilities $45.86B $43.09B
YoY Change 6.41% -1.19%
SHAREHOLDERS EQUITY
Retained Earnings -$8.442B -$9.372B
YoY Change -9.92%
Common Stock $14.03B $13.96B
YoY Change 0.48%
Preferred Stock
YoY Change
Treasury Stock (at cost) $234.0M $214.0M
YoY Change 9.35%
Treasury Stock Shares 16.42M shares 14.28M shares
Shareholders Equity -$1.135B $785.0M
YoY Change
Total Liabilities & Shareholders Equity $44.72B $43.88B
YoY Change 1.92% 0.16%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income -$168.0M $198.0M
YoY Change -184.85% -57.6%
Depreciation, Depletion And Amortization $388.0M $381.0M
YoY Change 1.84% 0.53%
Cash From Operating Activities $632.0M $986.0M
YoY Change -35.9% -4.64%
INVESTING ACTIVITIES
Capital Expenditures -$597.0M -$313.0M
YoY Change 90.73% 59.69%
Acquisitions
YoY Change
Other Investing Activities -$55.00M $15.00M
YoY Change -466.67% -122.73%
Cash From Investing Activities -$652.0M -$298.0M
YoY Change 118.79% 13.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -352.0M -714.0M
YoY Change -50.7% -42.93%
NET CHANGE
Cash From Operating Activities 632.0M 986.0M
Cash From Investing Activities -652.0M -298.0M
Cash From Financing Activities -352.0M -714.0M
Net Change In Cash -372.0M -26.00M
YoY Change 1330.77% -94.57%
FREE CASH FLOW
Cash From Operating Activities $632.0M $986.0M
Capital Expenditures -$597.0M -$313.0M
Free Cash Flow $1.229B $1.299B
YoY Change -5.39% 5.61%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
840000000 USD
CY2011Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1600000000 USD
CY2012Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
2175000000 USD
CY2012Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6141000000 USD
CY2011Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5472000000 USD
CY2012Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6490000000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6766000000 USD
CY2011Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
13999000000 USD
CY2012Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
14031000000 USD
CY2011Q4 us-gaap Air Traffic Liability Current
AirTrafficLiabilityCurrent
3480000000 USD
CY2012Q2 us-gaap Air Traffic Liability Current
AirTrafficLiabilityCurrent
5006000000 USD
CY2012Q2 us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
548000000 USD
us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
1109000000 USD
CY2011Q2 us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
485000000 USD
us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
970000000 USD
CY2012Q2 us-gaap Aircraft Rental
AircraftRental
68000000 USD
CY2011Q2 us-gaap Aircraft Rental
AircraftRental
74000000 USD
us-gaap Aircraft Rental
AircraftRental
152000000 USD
us-gaap Aircraft Rental
AircraftRental
143000000 USD
CY2012Q2 us-gaap Airline Capacity Purchase Arrangements
AirlineCapacityPurchaseArrangements
1416000000 USD
CY2011Q2 us-gaap Airline Capacity Purchase Arrangements
AirlineCapacityPurchaseArrangements
1410000000 USD
us-gaap Airline Capacity Purchase Arrangements
AirlineCapacityPurchaseArrangements
2710000000 USD
us-gaap Airline Capacity Purchase Arrangements
AirlineCapacityPurchaseArrangements
2791000000 USD
CY2012Q2 us-gaap Airline Related Inventory Net
AirlineRelatedInventoryNet
393000000 USD
CY2011Q4 us-gaap Airline Related Inventory Net
AirlineRelatedInventoryNet
367000000 USD
CY2012Q2 us-gaap Airline Related Inventory Valuation Reserves
AirlineRelatedInventoryValuationReserves
112000000 USD
CY2011Q4 us-gaap Airline Related Inventory Valuation Reserves
AirlineRelatedInventoryValuationReserves
101000000 USD
CY2012Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
37000000 USD
CY2011Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
33000000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
93000000 USD
CY2011Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
46000000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
100000000 USD
CY2012Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
49000000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
31000000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
23000000 shares
CY2012Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
23000000 shares
CY2011Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
25000000 shares
CY2011Q4 us-gaap Assets
Assets
43499000000 USD
CY2012Q2 us-gaap Assets
Assets
44720000000 USD
CY2011Q4 us-gaap Assets Current
AssetsCurrent
7729000000 USD
CY2012Q2 us-gaap Assets Current
AssetsCurrent
8457000000 USD
CY2012Q2 us-gaap Business Acquisition Cost Of Acquired Entity Purchase Price
BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
180000000 USD
us-gaap Business Acquisition Date Of Acquisition Agreement1
BusinessAcquisitionDateOfAcquisitionAgreement1
2012-06-22
CY2012Q2 us-gaap Business Combination Separately Recognized Transactions Assets Recognized
BusinessCombinationSeparatelyRecognizedTransactionsAssetsRecognized
50000000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
89000000 USD
CY2012Q2 us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
262000000 USD
CY2011Q2 us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
264000000 USD
us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
514000000 USD
us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
506000000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2657000000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2539000000 USD
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2855000000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2892000000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
2243000000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
2357000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-118000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-37000000 USD
CY2012Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2011Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2012Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1500000000 shares
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1500000000 shares
CY2011Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
861499734 shares
CY2012Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
866728208 shares
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
0 USD
CY2012Q2 us-gaap Common Stock Value
CommonStockValue
0 USD
CY2011Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-135000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
232000000 USD
CY2012Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-140000000 USD
CY2011Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
13797000000 USD
CY2012Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
12944000000 USD
us-gaap Debt Instrument Covenant Compliance
DebtInstrumentCovenantCompliance
We were in compliance with all covenants in our financing agreements at June 30, 2012.
CY2011Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
13600000000 USD
CY2012Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
13100000000 USD
CY2011Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
737000000 USD
CY2012Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
625000000 USD
CY2011Q4 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
78000000 USD
CY2011Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
461000000 USD
CY2012Q2 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
488000000 USD
CY2011Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
-2028000000 USD
CY2012Q2 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
-2071000000 USD
CY2012Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10600000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
757000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
774000000 USD
CY2011Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
381000000 USD
CY2012Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
388000000 USD
CY2012Q2 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
350000000 USD
CY2011Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
30000000 USD
CY2012Q2 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-337000000 USD
CY2011Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-110000000 USD
CY2012Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
2000000 USD
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
2000000 USD
CY2011Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
63000000 USD
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
112000000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
71000000 USD
CY2011Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-198000000 USD
CY2012Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-45000000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-33000000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.14
CY2012Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1229000000 USD
CY2011Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1367000000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
634000000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
599000000 USD
CY2012Q2 us-gaap Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
ForeignCurrencyCashFlowHedgeDerivativeAtFairValueNet
-6000000 USD
CY2011Q4 us-gaap Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
ForeignCurrencyCashFlowHedgeDerivativeAtFairValueNet
-89000000 USD
CY2011Q4 us-gaap Frequent Flier Liability Current
FrequentFlierLiabilityCurrent
1849000000 USD
CY2012Q2 us-gaap Frequent Flier Liability Current
FrequentFlierLiabilityCurrent
1665000000 USD
CY2012Q2 us-gaap Frequent Flier Liability Noncurrent
FrequentFlierLiabilityNoncurrent
2651000000 USD
CY2011Q4 us-gaap Frequent Flier Liability Noncurrent
FrequentFlierLiabilityNoncurrent
2700000000 USD
us-gaap Fuel Costs
FuelCosts
4829000000 USD
CY2011Q2 us-gaap Fuel Costs
FuelCosts
2663000000 USD
CY2012Q2 us-gaap Fuel Costs
FuelCosts
3305000000 USD
us-gaap Fuel Costs
FuelCosts
5538000000 USD
CY2011Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-13000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-0 USD
CY2012Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-33000000 USD
CY2011Q4 us-gaap Goodwill
Goodwill
9794000000 USD
CY2012Q2 us-gaap Goodwill
Goodwill
9794000000 USD
CY2012Q2 us-gaap Grants Receivable
GrantsReceivable
30000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-195000000 USD
CY2011Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
195000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-37000000 USD
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-164000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-75000000 USD
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7000000 USD
CY2011Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3000000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
0 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
84000000 USD
CY2012Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2011Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2011Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4751000000 USD
CY2012Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4716000000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-454000000 USD
CY2012Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-207000000 USD
CY2011Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-233000000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-428000000 USD
CY2012Q2 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
-78000000 USD
CY2011Q4 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
-91000000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
3466000000 USD
CY2012Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1825000000 USD
CY2011Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1739000000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
3588000000 USD
CY2011Q2 us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
320000000 USD
us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
652000000 USD
us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
633000000 USD
CY2012Q2 us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
347000000 USD
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
44720000000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
43499000000 USD
CY2012Q2 us-gaap Liabilities Current
LiabilitiesCurrent
14693000000 USD
CY2011Q4 us-gaap Liabilities Current
LiabilitiesCurrent
12701000000 USD
CY2011Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
32194000000 USD
CY2012Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
31162000000 USD
CY2011Q4 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
318000000 USD
CY2012Q2 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
476000000 USD
CY2011Q4 us-gaap Long Term Debt
LongTermDebt
13060000000 USD
CY2012Q2 us-gaap Long Term Debt
LongTermDebt
12319000000 USD
CY2012Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
11221000000 USD
CY2011Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
11847000000 USD
CY2011Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1944000000 USD
CY2012Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1779000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-580000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-937000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-874000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1001000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1463000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1774000000 USD
us-gaap Net Income Loss
NetIncomeLoss
-120000000 USD
us-gaap Net Income Loss
NetIncomeLoss
-44000000 USD
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
198000000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
-168000000 USD
CY2012Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-298000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-584000000 USD
CY2011Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-286000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-553000000 USD
us-gaap Operating Expenses
OperatingExpenses
16511000000 USD
CY2011Q2 us-gaap Operating Expenses
OperatingExpenses
8672000000 USD
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
9598000000 USD
us-gaap Operating Expenses
OperatingExpenses
17629000000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
134000000 USD
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
481000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
389000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
516000000 USD
CY2011Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1549000000 USD
CY2012Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1641000000 USD
CY2012Q2 us-gaap Other Assets
OtherAssets
15654000000 USD
CY2011Q4 us-gaap Other Assets
OtherAssets
15547000000 USD
CY2012Q2 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
382000000 USD
CY2011Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
341000000 USD
CY2012Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1144000000 USD
CY2011Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1002000000 USD
CY2012Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
396000000 USD
CY2011Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
412000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
841000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
812000000 USD
CY2011Q2 us-gaap Other Cost Of Services
OtherCostOfServices
181000000 USD
us-gaap Other Cost Of Services
OtherCostOfServices
358000000 USD
CY2012Q2 us-gaap Other Cost Of Services
OtherCostOfServices
187000000 USD
us-gaap Other Cost Of Services
OtherCostOfServices
345000000 USD
us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
8000000 USD
CY2011Q2 us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
8000000 USD
CY2012Q2 us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
135000000 USD
us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
135000000 USD
CY2011Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1419000000 USD
CY2012Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1606000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-25000000 USD
CY2012Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-42000000 USD
CY2011Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4000000 USD
CY2011Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
998000000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
1962000000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
1920000000 USD
CY2012Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
1019000000 USD
us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
0 USD
us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
167000000 USD
us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
43000000 USD
us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
154000000 USD
CY2012Q2 us-gaap Passenger Revenue
PassengerRevenue
8451000000 USD
CY2011Q2 us-gaap Passenger Revenue
PassengerRevenue
7891000000 USD
us-gaap Passenger Revenue
PassengerRevenue
14466000000 USD
us-gaap Passenger Revenue
PassengerRevenue
15677000000 USD
CY2012Q2 us-gaap Passenger Revenue Mainline
PassengerRevenueMainline
6644000000 USD
us-gaap Passenger Revenue Mainline
PassengerRevenueMainline
11334000000 USD
CY2011Q2 us-gaap Passenger Revenue Mainline
PassengerRevenueMainline
6204000000 USD
us-gaap Passenger Revenue Mainline
PassengerRevenueMainline
12306000000 USD
CY2012Q2 us-gaap Passenger Revenue Regional
PassengerRevenueRegional
1807000000 USD
us-gaap Passenger Revenue Regional
PassengerRevenueRegional
3371000000 USD
CY2011Q2 us-gaap Passenger Revenue Regional
PassengerRevenueRegional
1687000000 USD
us-gaap Passenger Revenue Regional
PassengerRevenueRegional
3132000000 USD
us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
481000000 USD
us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
609000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-8000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
32000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
58000000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
479000000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
479000000 USD
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
395000000 USD
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
172000000 USD
CY2012Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
13613000000 USD
CY2011Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
14200000000 USD
CY2012Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1882000000 USD
CY2011Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1418000000 USD
CY2012Q2 us-gaap Price Risk Derivatives At Fair Value Net
PriceRiskDerivativesAtFairValueNet
-253000000 USD
CY2011Q4 us-gaap Price Risk Derivatives At Fair Value Net
PriceRiskDerivativesAtFairValueNet
70000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1599000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
3000000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
158000000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
0 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
514000000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
250000000 USD
us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
775000000 USD
CY2011Q2 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
415000000 USD
CY2012Q2 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
397000000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
20223000000 USD
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
20609000000 USD
CY2011Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
1563000000 USD
CY2012Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
1828000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
2394000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
741000000 USD
CY2012Q2 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
368000000 USD
CY2011Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
305000000 USD
CY2012Q2 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
193000000 USD
CY2011Q2 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
144000000 USD
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
181000000 USD
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
151000000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-8398000000 USD
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-8442000000 USD
CY2011Q2 us-gaap Revenues
Revenues
9153000000 USD
CY2012Q2 us-gaap Revenues
Revenues
9732000000 USD
us-gaap Revenues
Revenues
18145000000 USD
us-gaap Revenues
Revenues
16900000000 USD
CY2012Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
16416758 shares
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
809000000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
773000000 USD
CY2011Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
440000000 USD
CY2012Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
393000000 USD
CY2012Q2 us-gaap Short Term Investments
ShortTermInvestments
959000000 USD
CY2011Q4 us-gaap Short Term Investments
ShortTermInvestments
958000000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
-1396000000 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
-1135000000 USD
CY2012Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
722000000 USD
CY2011Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
594000000 USD
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
16253791 shares
CY2012Q2 us-gaap Treasury Stock Value
TreasuryStockValue
234000000 USD
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
231000000 USD
CY2012Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
6800000000 USD
CY2011Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
844000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
844000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
838000000 shares
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
845000000 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
845000000 shares
CY2011Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
838000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
844000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
838000000 shares
CY2012Q2 dal Delivery Dates
DeliveryDates
2013 and continuing through 2015
CY2012Q2 dal Fair Value Assets Measured On Recurring Basis Volatilities Range
FairValueAssetsMeasuredOnRecurringBasisVolatilitiesRange
14% to 44%
CY2012Q2 dal Future Tax Expense Benefit
FutureTaxExpenseBenefit
321000000 USD
CY2009 dal Non Cash Income Tax Benefit Loss From Continuing Operations
NonCashIncomeTaxBenefitLossFromContinuingOperations
-321000000 USD
CY2009 dal Non Cash Income Tax Expense Recorded In Other Comprehensive Income
NonCashIncomeTaxExpenseRecordedInOtherComprehensiveIncome
321000000 USD
CY2012Q2 dal Other Commitments
OtherCommitments
100000000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000027904
CY2012Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
850311450 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
DELTA AIR LINES INC /DE/
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

Name View Source Status
0001445305-12-002271-index-headers.html Edgar Link pending
0001445305-12-002271-index.html Edgar Link pending
0001445305-12-002271.txt Edgar Link pending
0001445305-12-002271-xbrl.zip Edgar Link pending
dal-20120630.xml Edgar Link completed
dal-20120630.xsd Edgar Link pending
dal-20120630_cal.xml Edgar Link unprocessable
dal-20120630_def.xml Edgar Link unprocessable
dal-20120630_lab.xml Edgar Link unprocessable
dal-20120630_pre.xml Edgar Link unprocessable
dal630201210q.htm Edgar Link pending
dal6302012ex101.htm Edgar Link pending
dal6302012ex15.htm Edgar Link pending
dal6302012ex311.htm Edgar Link pending
dal6302012ex312.htm Edgar Link pending
dal6302012ex32.htm Edgar Link pending
deltacr.jpg Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending