2015 Q2 Form 10-Q Financial Statement

#000009238015000098 Filed on July 31, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2 2014 Q1
Revenue $5.111B $5.011B $4.166B
YoY Change 2.0% 7.93% 2.01%
Cost Of Revenue $1.363B $1.795B $1.660B
YoY Change -24.07% -4.16% -8.59%
Gross Profit $3.748B $3.216B $2.507B
YoY Change 16.54% 16.14% 10.54%
Gross Profit Margin 73.33% 64.18% 60.18%
Selling, General & Admin $1.847B $1.642B $1.524B
YoY Change 12.48% 4.12% 3.39%
% of Gross Profit 49.28% 51.06% 60.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $250.0M $228.0M $221.0M
YoY Change 9.65% 7.55% 5.24%
% of Gross Profit 6.67% 7.09% 8.82%
Operating Expenses $4.026B $4.236B $3.951B
YoY Change -4.96% 0.62% -1.57%
Operating Profit $1.085B $775.0M $215.0M
YoY Change 40.0% 78.98% 207.14%
Interest Expense $29.00M -$29.00M $28.00M
YoY Change -200.0% -58.57% 16.67%
% of Operating Profit 2.67% -3.74% 13.02%
Other Income/Expense, Net -$108.0M -$29.00M $29.00M
YoY Change 272.41% -58.57% 20.83%
Pretax Income $977.0M $746.0M $244.0M
YoY Change 30.97% 105.51% 159.57%
Income Tax $369.0M $281.0M $92.00M
% Of Pretax Income 37.77% 37.67% 37.7%
Net Earnings $608.0M $465.0M $152.0M
YoY Change 30.75% 107.59% 157.63%
Net Earnings / Revenue 11.9% 9.28% 3.65%
Basic Earnings Per Share $0.91 $0.67 $0.22
Diluted Earnings Per Share $0.90 $0.67 $0.22
COMMON SHARES
Basic Shares Outstanding 665.0M shares 690.0M shares 698.0M shares
Diluted Shares Outstanding 673.0M shares 698.0M shares 707.0M shares

Balance Sheet

Concept 2015 Q2 2014 Q2 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.132B $3.994B $3.498B
YoY Change -21.58% 17.71% 11.58%
Cash & Equivalents $1.772B $1.882B $1.741B
Short-Term Investments $1.360B $2.112B $1.757B
Other Short-Term Assets $676.0M $441.0M $421.0M
YoY Change 53.29% -11.09% -10.43%
Inventory $326.0M $435.0M $438.0M
Prepaid Expenses
Receivables $462.0M $447.0M $457.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.596B $5.317B $4.814B
YoY Change -13.56% 9.31% 6.65%
LONG-TERM ASSETS
Property, Plant & Equipment $14.86B $13.73B $13.42B
YoY Change 8.25% 4.28% 2.21%
Goodwill $970.0M $970.0M $970.0M
YoY Change 0.0% 0.0% 0.0%
Intangibles $474.0M $369.0M $372.0M
YoY Change 28.46%
Long-Term Investments $39.00M $37.00M
YoY Change -4.88% -13.95%
Other Assets $649.0M $877.0M $772.0M
YoY Change -26.0% 128.39% 32.42%
Total Long-Term Assets $16.48B $15.57B $15.16B
YoY Change 5.81% 7.27% 3.26%
TOTAL ASSETS
Total Short-Term Assets $4.596B $5.317B $4.814B
Total Long-Term Assets $16.48B $15.57B $15.16B
Total Assets $21.08B $20.89B $19.98B
YoY Change 0.88% 7.79% 4.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.134B $1.292B $1.299B
YoY Change -12.23% 4.87% 3.92%
Accrued Expenses $1.651B $1.645B $1.168B
YoY Change 0.36% 36.29% 16.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $276.0M $605.0M $642.0M
YoY Change -54.38% 130.04% 129.29%
Total Short-Term Liabilities $6.876B $7.027B $6.441B
YoY Change -2.15% 21.6% 19.04%
LONG-TERM LIABILITIES
Long-Term Debt $2.585B $2.395B $2.438B
YoY Change 7.93% -10.33% -9.97%
Other Long-Term Liabilities $708.0M $710.0M $726.0M
YoY Change -0.28% -41.37% -37.03%
Total Long-Term Liabilities $708.0M $710.0M $726.0M
YoY Change -0.28% -81.71% -81.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.876B $7.027B $6.441B
Total Long-Term Liabilities $708.0M $710.0M $726.0M
Total Liabilities $7.584B $7.737B $7.167B
YoY Change -1.98% -19.92% -22.7%
SHAREHOLDERS EQUITY
Retained Earnings $8.387B $6.979B $6.555B
YoY Change 20.17% 16.03% 12.67%
Common Stock $2.127B $2.071B $2.064B
YoY Change 2.7% 3.09% 2.08%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.692B $1.645B $1.417B
YoY Change 63.65% 65.33% 84.51%
Treasury Stock Shares
Shareholders Equity $7.158B $7.516B $7.190B
YoY Change
Total Liabilities & Shareholders Equity $21.08B $20.89B $19.98B
YoY Change 0.88% 7.79% 4.06%

Cashflow Statement

Concept 2015 Q2 2014 Q2 2014 Q1
OPERATING ACTIVITIES
Net Income $608.0M $465.0M $152.0M
YoY Change 30.75% 107.59% 157.63%
Depreciation, Depletion And Amortization $250.0M $228.0M $221.0M
YoY Change 9.65% 7.55% 5.24%
Cash From Operating Activities $627.0M $1.338B $1.119B
YoY Change -53.14% 71.98% 13.84%
INVESTING ACTIVITIES
Capital Expenditures -$450.0M -$500.0M -$407.0M
YoY Change -10.0% -359.07% -176.22%
Acquisitions
YoY Change
Other Investing Activities $9.000M $1.000M $49.00M
YoY Change 800.0% -20.97%
Cash From Investing Activities -$407.0M -$857.0M -$358.0M
YoY Change -52.51% 185.67% -24.15%
FINANCING ACTIVITIES
Cash Dividend Paid $50.00M
YoY Change
Common Stock Issuance & Retirement, Net $380.0M $240.0M $315.0M
YoY Change 58.33% -4.38% 215.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$473.0M -$340.0M -$375.0M
YoY Change 39.12% 3.98% 31.12%
NET CHANGE
Cash From Operating Activities $627.0M $1.338B $1.119B
Cash From Investing Activities -$407.0M -$857.0M -$358.0M
Cash From Financing Activities -$473.0M -$340.0M -$375.0M
Net Change In Cash -$253.0M $141.0M $386.0M
YoY Change -279.43% -6.62% 71.56%
FREE CASH FLOW
Cash From Operating Activities $627.0M $1.338B $1.119B
Capital Expenditures -$450.0M -$500.0M -$407.0M
Free Cash Flow $1.077B $1.838B $1.526B
YoY Change -41.4% 214.19% 239.87%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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
2015
dei Document Period End Date
DocumentPeriodEndDate
2015-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000092380
CY2015Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
659355545 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
SOUTHWEST AIRLINES CO
CY2014Q4 luv Aircraft Maintenance Payable
AircraftMaintenancePayable
314000000 USD
CY2015Q2 luv Aircraft Maintenance Payable
AircraftMaintenancePayable
163000000 USD
CY2014Q4 luv Assets Constructed For Others
AssetsConstructedForOthers
621000000 USD
CY2015Q2 luv Assets Constructed For Others
AssetsConstructedForOthers
745000000 USD
CY2014Q2 luv Assets Constructedfor Others During Period
AssetsConstructedforOthersDuringPeriod
19000000 USD
luv Assets Constructedfor Others During Period
AssetsConstructedforOthersDuringPeriod
31000000 USD
CY2015Q2 luv Assets Constructedfor Others During Period
AssetsConstructedforOthersDuringPeriod
37000000 USD
luv Assets Constructedfor Others During Period
AssetsConstructedforOthersDuringPeriod
80000000 USD
CY2015Q2 luv Cash Collateral Percent Of Fair Value Fuel Derivatives Contracts
CashCollateralPercentOfFairValueFuelDerivativesContracts
1
CY2015Q2 luv Changeinaccountingestimatefinancialeffectonnetincomespoilageadjustment
Changeinaccountingestimatefinancialeffectonnetincomespoilageadjustment
22000000 USD
luv Changeinaccountingestimatefinancialeffectonnetincomespoilageadjustment
Changeinaccountingestimatefinancialeffectonnetincomespoilageadjustment
45000000 USD
CY2014Q4 luv Construction Obligation Noncurrent
ConstructionObligationNoncurrent
554000000 USD
CY2015Q2 luv Construction Obligation Noncurrent
ConstructionObligationNoncurrent
632000000 USD
CY2014Q4 luv Derivative Asset Fair Value Amount Offset Against Collateral Total
DerivativeAssetFairValueAmountOffsetAgainstCollateralTotal
13000000 USD
CY2015Q2 luv Derivative Asset Fair Value Amount Offset Against Collateral Total
DerivativeAssetFairValueAmountOffsetAgainstCollateralTotal
1000000 USD
CY2014Q4 luv Fuel Payable
FuelPayable
85000000 USD
CY2015Q2 luv Fuel Payable
FuelPayable
68000000 USD
CY2015Q2 luv Letterof Credit Percentof Collateral
LetterofCreditPercentofCollateral
1
CY2015Q2 luv Maximum Sum Of Derivatives Of Counterparty To Be Included In Other
MaximumSumOfDerivativesOfCounterpartyToBeIncludedInOther
10000000 USD
CY2014Q4 luv Noncurrent Lease Related Obligations
NoncurrentLeaseRelatedObligations
193000000 USD
CY2015Q2 luv Noncurrent Lease Related Obligations
NoncurrentLeaseRelatedObligations
174000000 USD
CY2014Q2 luv Proceeds From Sale Of Short Term And Other Investments
ProceedsFromSaleOfShortTermAndOtherInvestments
803000000 USD
luv Proceeds From Sale Of Short Term And Other Investments
ProceedsFromSaleOfShortTermAndOtherInvestments
1622000000 USD
CY2015Q2 luv Proceeds From Sale Of Short Term And Other Investments
ProceedsFromSaleOfShortTermAndOtherInvestments
614000000 USD
luv Proceeds From Sale Of Short Term And Other Investments
ProceedsFromSaleOfShortTermAndOtherInvestments
1223000000 USD
CY2014Q2 luv Proceeds From Termination Of Interest Rate Derivatives
ProceedsFromTerminationOfInterestRateDerivatives
0 USD
luv Proceeds From Termination Of Interest Rate Derivatives
ProceedsFromTerminationOfInterestRateDerivatives
0 USD
CY2015Q2 luv Proceeds From Termination Of Interest Rate Derivatives
ProceedsFromTerminationOfInterestRateDerivatives
0 USD
luv Proceeds From Termination Of Interest Rate Derivatives
ProceedsFromTerminationOfInterestRateDerivatives
12000000 USD
CY2014Q2 luv Reimbursementforairportconstruction
Reimbursementforairportconstruction
0 USD
luv Reimbursementforairportconstruction
Reimbursementforairportconstruction
0 USD
CY2015Q2 luv Reimbursementforairportconstruction
Reimbursementforairportconstruction
3000000 USD
luv Reimbursementforairportconstruction
Reimbursementforairportconstruction
5000000 USD
CY2014Q2 luv Repayments Of Construction Obligation
RepaymentsOfConstructionObligation
2000000 USD
luv Repayments Of Construction Obligation
RepaymentsOfConstructionObligation
5000000 USD
CY2015Q2 luv Repayments Of Construction Obligation
RepaymentsOfConstructionObligation
3000000 USD
luv Repayments Of Construction Obligation
RepaymentsOfConstructionObligation
5000000 USD
CY2014Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
365000000 USD
CY2015Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
462000000 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1203000000 USD
CY2015Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1134000000 USD
CY2014Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
358000000 USD
CY2015Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
331000000 USD
CY2014Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
123000000 USD
CY2015Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
170000000 USD
CY2014Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
81000000 USD
CY2015Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
121000000 USD
CY2014Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
84000000 USD
CY2015Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
71000000 USD
CY2014Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1565000000 USD
CY2015Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1651000000 USD
CY2014Q4 us-gaap Accrued Rent Current
AccruedRentCurrent
159000000 USD
CY2015Q2 us-gaap Accrued Rent Current
AccruedRentCurrent
93000000 USD
CY2014Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
160000000 USD
CY2015Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
168000000 USD
CY2014Q4 us-gaap Accrued Vacation Current
AccruedVacationCurrent
292000000 USD
CY2015Q2 us-gaap Accrued Vacation Current
AccruedVacationCurrent
302000000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8221000000 USD
CY2015Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8663000000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-738000000 USD
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-664000000 USD
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1315000000 USD
CY2015Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1319000000 USD
CY2014Q2 us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
236000000 USD
us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
486000000 USD
CY2015Q2 us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
240000000 USD
us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
469000000 USD
CY2014Q2 us-gaap Aircraft Rental
AircraftRental
75000000 USD
us-gaap Aircraft Rental
AircraftRental
156000000 USD
CY2015Q2 us-gaap Aircraft Rental
AircraftRental
59000000 USD
us-gaap Aircraft Rental
AircraftRental
119000000 USD
CY2014Q4 us-gaap Airline Related Inventory
AirlineRelatedInventory
342000000 USD
CY2015Q2 us-gaap Airline Related Inventory
AirlineRelatedInventory
326000000 USD
CY2014Q4 us-gaap Assets
Assets
20200000000 USD
CY2015Q2 us-gaap Assets
Assets
21075000000 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
4404000000 USD
CY2015Q2 us-gaap Assets Current
AssetsCurrent
4596000000 USD
CY2015Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
27000000 USD
CY2014Q4 us-gaap Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
35000000 USD
CY2015Q2 us-gaap Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
40000000 USD
CY2014Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
38000000 USD
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
56000000 USD
CY2015Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
3000000 USD
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
26000000 USD
CY2014Q2 us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
44000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1282000000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2025000000 USD
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1772000000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
141000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
527000000 USD
us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
84000000 USD
CY2015Q2 us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
46000000 USD
us-gaap Cargo And Freight Revenue
CargoAndFreightRevenue
90000000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1355000000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1741000000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1882000000 USD
CY2015Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-253000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
490000000 USD
CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.060
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.100
CY2015Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.075
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.135
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
808000000 USD
CY2015Q2 us-gaap Common Stock Value
CommonStockValue
808000000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
588000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
731000000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
686000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1135000000 USD
CY2014Q4 us-gaap Deferred Air Traffic Revenue
DeferredAirTrafficRevenue
2897000000 USD
CY2015Q2 us-gaap Deferred Air Traffic Revenue
DeferredAirTrafficRevenue
3815000000 USD
CY2014Q4 us-gaap Deferred Compensation Cash Based Arrangements Liability Current
DeferredCompensationCashBasedArrangementsLiabilityCurrent
374000000 USD
CY2015Q2 us-gaap Deferred Compensation Cash Based Arrangements Liability Current
DeferredCompensationCashBasedArrangementsLiabilityCurrent
319000000 USD
CY2015Q1 us-gaap Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedge
DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge
12000000 USD
CY2014Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-11000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
81000000 USD
CY2015Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
43000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
477000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
421000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3259000000 USD
CY2015Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3290000000 USD
CY2014Q4 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
566000000 USD
CY2015Q2 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
658000000 USD
CY2014Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
228000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
449000000 USD
CY2015Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
250000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
494000000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1360000000 USD
CY2015Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
627000000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2409000000 USD
CY2015Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1708000000 USD
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.58
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.57
CY2015Q2 us-gaap Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings
FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings
85000000 USD
us-gaap Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings
FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings
-9000000 USD
CY2014Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2015Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2014Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0 USD
CY2015Q2 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0 USD
CY2014Q4 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0 USD
CY2015Q2 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0 USD
CY2014Q4 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0 USD
CY2015Q2 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
85000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-8000000 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
182000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
244000000 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
127000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
175000000 USD
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
50000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisGainLossIncludedInOtherComprehensiveIncomeLoss
-29000000 USD
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 USD
CY2014Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1059000000 USD
CY2015Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1218000000 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1028000000 USD
CY2014Q4 us-gaap Flight Equipment Gross
FlightEquipmentGross
18473000000 USD
CY2015Q2 us-gaap Flight Equipment Gross
FlightEquipmentGross
19148000000 USD
CY2014Q2 us-gaap Fuel Costs
FuelCosts
1425000000 USD
us-gaap Fuel Costs
FuelCosts
2739000000 USD
CY2015Q2 us-gaap Fuel Costs
FuelCosts
1005000000 USD
us-gaap Fuel Costs
FuelCosts
1882000000 USD
CY2014Q2 us-gaap Gain Loss On Components Excluded From Assessment Of Price Risk Fair Value Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfPriceRiskFairValueHedgeEffectiveness
17000000 USD
us-gaap Gain Loss On Components Excluded From Assessment Of Price Risk Fair Value Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfPriceRiskFairValueHedgeEffectiveness
34000000 USD
CY2015Q2 us-gaap Gain Loss On Components Excluded From Assessment Of Price Risk Fair Value Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfPriceRiskFairValueHedgeEffectiveness
22000000 USD
us-gaap Gain Loss On Components Excluded From Assessment Of Price Risk Fair Value Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfPriceRiskFairValueHedgeEffectiveness
48000000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
970000000 USD
CY2015Q2 us-gaap Goodwill
Goodwill
970000000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
746000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
990000000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
977000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1699000000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
281000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
373000000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
369000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
638000000 USD
CY2014Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
12000000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
12000000 USD
CY2015Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
455000000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
566000000 USD
CY2014Q2 us-gaap Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
95000000 USD
us-gaap Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
106000000 USD
CY2015Q2 us-gaap Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
-377000000 USD
us-gaap Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
-394000000 USD
CY2014Q2 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-10000000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
61000000 USD
CY2015Q2 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-41000000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
90000000 USD
CY2014Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
424000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
448000000 USD
CY2015Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-134000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
43000000 USD
CY2014Q2 us-gaap Increase Decrease In Deferred Air Traffic Revenue
IncreaseDecreaseInDeferredAirTrafficRevenue
153000000 USD
us-gaap Increase Decrease In Deferred Air Traffic Revenue
IncreaseDecreaseInDeferredAirTrafficRevenue
914000000 USD
CY2015Q2 us-gaap Increase Decrease In Deferred Air Traffic Revenue
IncreaseDecreaseInDeferredAirTrafficRevenue
201000000 USD
us-gaap Increase Decrease In Deferred Air Traffic Revenue
IncreaseDecreaseInDeferredAirTrafficRevenue
918000000 USD
CY2014Q2 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
21000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
14000000 USD
CY2015Q2 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-6000000 USD
CY2014Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
6000000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
6000000 shares
CY2015Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
6000000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
6000000 shares
CY2014Q2 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
CY2015Q2 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
2000000 shares
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
363000000 USD
CY2015Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
474000000 USD
CY2014Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
6000000 USD
CY2015Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
7000000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
14000000 USD
CY2014Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
34000000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
66000000 USD
CY2015Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
29000000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
62000000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
12000000 USD
CY2014Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
1000000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
2000000 USD
CY2015Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
1000000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
1000000 USD
CY2014Q2 us-gaap Interest Paid Net
InterestPaidNet
33000000 USD
us-gaap Interest Paid Net
InterestPaidNet
67000000 USD
CY2015Q2 us-gaap Interest Paid Net
InterestPaidNet
21000000 USD
us-gaap Interest Paid Net
InterestPaidNet
53000000 USD
CY2014Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000 USD
CY2015Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000 USD
CY2014Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1406000000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
2680000000 USD
CY2015Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1607000000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
3026000000 USD
CY2014Q2 us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
295000000 USD
us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
560000000 USD
CY2015Q2 us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
299000000 USD
us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
584000000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
20200000000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
21075000000 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
5923000000 USD
CY2015Q2 us-gaap Liabilities Current
LiabilitiesCurrent
6876000000 USD
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2434000000 USD
CY2015Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2411000000 USD
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
258000000 USD
CY2015Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
276000000 USD
CY2014Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-340000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-716000000 USD
CY2015Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-473000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-881000000 USD
CY2014Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-857000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1215000000 USD
CY2015Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-407000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-708000000 USD
CY2014Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1338000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2458000000 USD
CY2015Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
627000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2079000000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
465000000 USD
us-gaap Net Income Loss
NetIncomeLoss
617000000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
608000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1061000000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
466000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
619000000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
609000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1062000000 USD
CY2014Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-29000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1000000 USD
CY2015Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-108000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-166000000 USD
CY2014Q2 us-gaap Operating Expenses
OperatingExpenses
4236000000 USD
us-gaap Operating Expenses
OperatingExpenses
8187000000 USD
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
4026000000 USD
us-gaap Operating Expenses
OperatingExpenses
7660000000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
775000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
991000000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1085000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1865000000 USD
CY2014Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
236000000 USD
CY2015Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
258000000 USD
CY2014Q4 us-gaap Other Assets
OtherAssets
534000000 USD
CY2015Q2 us-gaap Other Assets
OtherAssets
649000000 USD
CY2014Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
123000000 USD
CY2015Q2 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
134000000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
534000000 USD
CY2015Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
649000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
123000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
114000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
78000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
74000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
1000000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
33000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
0 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
0 USD
CY2014Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
533000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1061000000 USD
CY2015Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
563000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1060000000 USD
CY2014Q4 us-gaap Other Deferred Compensation Arrangements Liability Classified Noncurrent
OtherDeferredCompensationArrangementsLiabilityClassifiedNoncurrent
174000000 USD
CY2015Q2 us-gaap Other Deferred Compensation Arrangements Liability Classified Noncurrent
OtherDeferredCompensationArrangementsLiabilityClassifiedNoncurrent
172000000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1255000000 USD
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
708000000 USD
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
50000000 USD
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-88000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-121000000 USD
CY2014Q2 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
2000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-15000000 USD
CY2015Q2 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-52000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-87000000 USD
CY2014Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
215000000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
409000000 USD
CY2015Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
213000000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
405000000 USD
CY2014Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
44000000 USD
CY2015Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
33000000 USD
CY2014Q2 us-gaap Passenger Revenue
PassengerRevenue
4752000000 USD
us-gaap Passenger Revenue
PassengerRevenue
8685000000 USD
CY2015Q2 us-gaap Passenger Revenue
PassengerRevenue
4852000000 USD
us-gaap Passenger Revenue
PassengerRevenue
9030000000 USD
CY2014Q2 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
19000000 USD
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
31000000 USD
CY2015Q2 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
22000000 USD
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
44000000 USD
CY2014Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1000000 USD
CY2015Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
9000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
9000000 USD
CY2014Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
240000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
555000000 USD
CY2015Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
380000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
680000000 USD
CY2014Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
42000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
97000000 USD
CY2015Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
50000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
131000000 USD
CY2014Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
481000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
876000000 USD
CY2015Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
428000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1001000000 USD
CY2014Q2 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
1159000000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
1929000000 USD
CY2015Q2 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
562000000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
877000000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
169000000 USD
CY2015Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
176000000 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
232000000 USD
CY2015Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
255000000 USD
CY2015Q2 us-gaap Price Risk Cash Flow Hedge Unrealized Gain Loss To Be Reclassified During Next12 Months
PriceRiskCashFlowHedgeUnrealizedGainLossToBeReclassifiedDuringNext12Months
-323000000 USD
CY2014Q2 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
-19000000 USD
us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
-31000000 USD
CY2014Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-8000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-13000000 USD
CY2015Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-11000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-11000000 USD
CY2014Q2 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
25000000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
73000000 USD
CY2015Q2 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
8000000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
21000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
22513000000 USD
CY2015Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
23523000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14292000000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14860000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
2853000000 USD
CY2015Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
2972000000 USD
CY2014Q2 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
73000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
119000000 USD
CY2015Q2 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
40000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
92000000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
7416000000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
8387000000 USD
CY2014Q2 us-gaap Revenues
Revenues
5011000000 USD
us-gaap Revenues
Revenues
9178000000 USD
CY2015Q2 us-gaap Revenues
Revenues
5111000000 USD
us-gaap Revenues
Revenues
9525000000 USD
CY2014Q4 us-gaap Sale Leaseback Transaction Deferred Gain Net
SaleLeasebackTransactionDeferredGainNet
53000000 USD
CY2015Q2 us-gaap Sale Leaseback Transaction Deferred Gain Net
SaleLeasebackTransactionDeferredGainNet
48000000 USD
CY2014Q4 us-gaap Short Term Investments
ShortTermInvestments
1706000000 USD
CY2015Q2 us-gaap Short Term Investments
ShortTermInvestments
1360000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
6775000000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
7158000000 USD
CY2014Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
163000000 USD
CY2015Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
234000000 USD
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2026000000 USD
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
2692000000 USD
CY2014Q2 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
7000000 USD
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
67000000 USD
CY2015Q2 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-74000000 USD
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-85000000 USD
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
698000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
703000000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
673000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
678000000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
690000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
694000000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
665000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
670000000 shares
CY2014Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
165000000 USD
CY2015Q2 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
170000000 USD
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">BASIS OF PRESENTATION</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Southwest Airlines Co. (the &#8220;Company&#8221;) operates Southwest Airlines, a major domestic airline. The unaudited Condensed Consolidated Financial Statements include accounts of the Company and its wholly owned subsidiaries, which include AirTran Holdings, LLC, the parent company of AirTran Airways, Inc. (&#8220;AirTran Airways&#8221;). On May&#160;2, 2011 (the &#8220;acquisition date&#8221;), the Company acquired all of the outstanding equity of AirTran Holdings, Inc. (&#8220;AirTran Holdings&#8221;), the former parent company of AirTran Airways. Throughout this Form 10-Q, the Company makes reference to AirTran, which is meant to be inclusive of the following: (i)&#160;for periods prior to the acquisition date, AirTran Holdings and its subsidiaries, including, among others, AirTran Airways; and (ii)&#160;for periods on and after the acquisition date, AirTran Holdings, LLC, the successor to AirTran Holdings, and its subsidiaries, including among others, AirTran Airways. AirTran's final passenger service was on December&#160;28, 2014. Although the vast majority of integration costs were incurred in periods prior to 2015, the Company continues to incur costs associated with the integration of AirTran, and those costs are included in Acquisition and integration costs in the accompanying unaudited Condensed Consolidated Statement of Comprehensive Income.</font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">The accompanying unaudited Condensed Consolidated Financial Statements of the Company and its subsidiaries have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles in the United States (&#8220;GAAP&#8221;) for complete financial statements. The unaudited Condensed Consolidated Financial Statements for the interim periods ended </font><font style="font-family:Times New Roman;font-size:11pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">June&#160;30, 2015</font><font style="font-family:inherit;font-size:11pt;"> and </font><font style="font-family:Times New Roman;font-size:11pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:11pt;"> include all adjustments which are, in the opinion of management, necessary for a fair presentation of the results for the interim periods. This includes all normal and recurring adjustments and elimination of significant intercompany transactions. Financial results for the Company and airlines in general can be seasonal in nature. In many years, the Company's revenues, as well as its operating income and net income, have been better in its second and third fiscal quarters than in its first and fourth fiscal quarters. Air travel is also significantly impacted by general economic conditions, the amount of disposable income available to consumers, unemployment levels, corporate travel budgets, and other factors beyond the Company's control. These and other factors, such as the price of jet fuel in some periods, the nature of the Company's fuel hedging program, the periodic volatility of commodities used by the Company for hedging jet fuel, and the requirements related to hedge accounting, have created, and may continue to create, significant volatility in the Company's financial results. See</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:11pt;color:#000000;text-decoration:none;">Note 3</font><font style="font-family:inherit;font-size:11pt;"> for further information on fuel and the Company's hedging program. Operating results for the </font><font style="font-family:inherit;font-size:11pt;">three and six months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:11pt;color:#000000;text-decoration:none;">June&#160;30, 2015</font><font style="font-family:inherit;font-size:11pt;">, are not necessarily indicative of the results that may be expected for future quarters or for the year ended </font><font style="font-family:inherit;font-size:11pt;color:#000000;text-decoration:none;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:11pt;">. For further information, refer to the Consolidated Financial Statements and footnotes thereto included in the Southwest Airlines Co. Annual Report on Form 10-K for the year ended </font><font style="font-family:inherit;font-size:11pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:11pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">During&#160;fourth quarter 2014, the Company increased the amount of spoilage recorded associated with frequent flyer points sold to business partners as a result of continued monitoring of Rapid Rewards Member ("Member") redemption activity and behavior under its Rapid Rewards program. Based on a sufficient amount of historical data and Member attributes observed since the new program was launched in&#160;2011, the Company developed a predictive statistical model to analyze the amount of spoilage expected. In estimating spoilage, the Company takes into account the Member&#8217;s past behavior, as well as several factors that are expected to be indicative of the likelihood of future point redemption. These factors include, but are not limited to, tenure with program, points accrued in the program, and whether or not the Customer has a co-branded credit card. This change in estimate, which was recorded on a prospective basis, effective October 1, 2014,&#160;increased&#160;Passenger revenues by approximately&#160;</font><font style="font-family:inherit;font-size:11pt;">$41 million</font><font style="font-family:inherit;font-size:11pt;">&#160;for the </font><font style="font-family:inherit;font-size:11pt;">three months ended</font><font style="font-family:inherit;font-size:11pt;"> </font><font style="font-family:inherit;font-size:11pt;">June&#160;30, 2015</font><font style="font-family:inherit;font-size:11pt;"> and </font><font style="font-family:inherit;font-size:11pt;">$85 million</font><font style="font-family:inherit;font-size:11pt;"> for the </font><font style="font-family:inherit;font-size:11pt;">six months ended</font><font style="font-family:inherit;font-size:11pt;"> </font><font style="font-family:inherit;font-size:11pt;">June&#160;30, 2015</font><font style="font-family:inherit;font-size:11pt;">. After consideration of profitsharing and taxes, the impact of this change to net income was an increase of </font><font style="font-family:inherit;font-size:11pt;">$22 million</font><font style="font-family:inherit;font-size:11pt;">, or </font><font style="font-family:inherit;font-size:11pt;">$0.03</font><font style="font-family:inherit;font-size:11pt;"> per Basic and Diluted share, for the </font><font style="font-family:inherit;font-size:11pt;">three months ended</font><font style="font-family:inherit;font-size:11pt;"> </font><font style="font-family:inherit;font-size:11pt;">June&#160;30, 2015</font><font style="font-family:inherit;font-size:11pt;">, and </font><font style="font-family:inherit;font-size:11pt;">$45 million</font><font style="font-family:inherit;font-size:11pt;">, or </font><font style="font-family:inherit;font-size:11pt;">$0.07</font><font style="font-family:inherit;font-size:11pt;"> per Basic and Diluted share, for the </font><font style="font-family:inherit;font-size:11pt;">six months ended</font><font style="font-family:inherit;font-size:11pt;"> </font><font style="font-family:inherit;font-size:11pt;">June&#160;30, 2015</font><font style="font-family:inherit;font-size:11pt;">. The current spoilage rate will also be applied in third quarter 2015; however, the precise revenue impact will not be determinable until the actual number of point redemptions for the period is known. The Company will continue to monitor all factors that influence spoilage and Member behavior in order to determine its best estimate of expected spoilage.</font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Certain prior period amounts have been reclassified to conform to the current presentation. In the Consolidated Statement of Cash Flows for the </font><font style="font-family:inherit;font-size:11pt;">three and six months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:11pt;">June&#160;30, 2014</font><font style="font-family:inherit;font-size:11pt;">, the Company has reclassified </font><font style="font-family:inherit;font-size:11pt;">$19 million</font><font style="font-family:inherit;font-size:11pt;"> and </font><font style="font-family:inherit;font-size:11pt;">$31 million</font><font style="font-family:inherit;font-size:11pt;">, respectively, from Capital expenditures to Assets constructed for others. See Note </font><font style="font-family:inherit;font-size:11pt;">7</font><font style="font-family:inherit;font-size:11pt;"> for further information.</font></div></div>
us-gaap Revenue Recognition Multiple Element Arrangements
RevenueRecognitionMultipleElementArrangements
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Under the Agreement and ASU 2009-13, the Company has identified separate deliverables in the arrangement related to air transportation and various marketing elements. Under ASU 2009-13, these deliverables will be accounted for separately and allocation of consideration from the Agreement will be determined based on the relative selling price of each deliverable. Prior to the adoption of ASU 2009-13, the Company determined the selling price of air transportation and allocated any remaining consideration under the contract on a residual basis. </font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br clear="none"/></font></div></div>

Files In Submission

Name View Source Status
0000092380-15-000098-index-headers.html Edgar Link pending
0000092380-15-000098-index.html Edgar Link pending
0000092380-15-000098.txt Edgar Link pending
0000092380-15-000098-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
luv-20150630.xml Edgar Link completed
luv-20150630.xsd Edgar Link pending
luv-20150630_cal.xml Edgar Link unprocessable
luv-20150630_def.xml Edgar Link unprocessable
luv-20150630_lab.xml Edgar Link unprocessable
luv-20150630_pre.xml Edgar Link unprocessable
luv-6302015x10q.htm Edgar Link pending
luv-6302015xex101.htm Edgar Link pending
luv-6302015xex311.htm Edgar Link pending
luv-6302015xex312.htm Edgar Link pending
luv-6302015xex321.htm 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
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.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
southwesthearta01a01.jpg Edgar Link pending