2022 Q3 Form 10-Q Financial Statement

#000009238022000048 Filed on August 02, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $6.220B $6.728B $4.694B
YoY Change 32.93% 67.86% 128.75%
Cost Of Revenue $2.145B $2.024B $1.350B
YoY Change 57.03% 67.83% 72.63%
Gross Profit $4.075B $4.704B $3.344B
YoY Change 23.0% 67.88% 163.31%
Gross Profit Margin 65.51% 69.92% 71.24%
Selling, General & Admin $2.526B $2.430B $2.440B
YoY Change 6.49% 18.71% 39.91%
% of Gross Profit 61.99% 51.66% 72.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $335.0M $325.0M $324.0M
YoY Change 4.04% 3.17% 3.85%
% of Gross Profit 8.22% 6.91% 9.69%
Operating Expenses $3.676B $3.531B $3.479B
YoY Change 9.54% 19.78% 38.11%
Operating Profit $399.0M $1.158B -$151.0M
YoY Change -45.57% 94.95% -175.88%
Interest Expense -$5.000M -$58.00M -$86.00M
YoY Change -95.19% -45.28% -14.85%
% of Operating Profit -1.25% -5.01%
Other Income/Expense, Net $39.00M -$122.0M -$225.0M
YoY Change -129.32% 32.61% 324.53%
Pretax Income $353.0M $1.036B -$376.0M
YoY Change -41.17% 106.37% -357.53%
Income Tax $76.00M $276.0M -$98.00M
% Of Pretax Income 21.53% 26.64%
Net Earnings $277.0M $760.0M -$278.0M
YoY Change -37.89% 118.39% -339.66%
Net Earnings / Revenue 4.45% 11.3% -5.92%
Basic Earnings Per Share $0.47 $1.29 -$0.47
Diluted Earnings Per Share $433.5K $1.20 -$0.47
COMMON SHARES
Basic Shares Outstanding 593.4M shares 593.0M shares 592.0M shares
Diluted Shares Outstanding 639.0M shares 635.0M shares 592.0M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.67B $16.43B $15.74B
YoY Change -14.57% -2.63% 9.7%
Cash & Equivalents $10.44B $13.23B $13.10B
Short-Term Investments $3.230B $3.197B $2.642B
Other Short-Term Assets $653.0M $825.0M $767.0M
YoY Change 16.61% 58.35% 108.99%
Inventory $776.0M $751.0M $623.0M
Prepaid Expenses
Receivables $1.316B $59.00M $70.00M
Other Receivables $0.00 $279.0M $99.00M
Total Short-Term Assets $16.42B $19.40B $18.82B
YoY Change -11.51% 1.08% 16.91%
LONG-TERM ASSETS
Property, Plant & Equipment $17.79B $15.59B $14.94B
YoY Change 18.13% 2.31% -4.54%
Goodwill $970.0M $970.0M $970.0M
YoY Change 0.0% 0.0% 0.0%
Intangibles $295.0M $295.0M $295.0M
YoY Change 0.0% 0.0% 0.0%
Long-Term Investments
YoY Change
Other Assets $772.0M $847.0M $978.0M
YoY Change -16.0% 1.19% 31.63%
Total Long-Term Assets $19.53B $18.91B $18.44B
YoY Change 5.24% -0.59% -4.91%
TOTAL ASSETS
Total Short-Term Assets $16.42B $19.40B $18.82B
Total Long-Term Assets $19.53B $18.91B $18.44B
Total Assets $35.95B $38.30B $37.26B
YoY Change -3.14% 0.25% 4.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.553B $1.908B $1.648B
YoY Change 26.36% 38.46% 50.64%
Accrued Expenses $2.114B $1.587B $1.360B
YoY Change 25.31% -32.55% -18.32%
Deferred Revenue $6.368B $6.312B $6.406B
YoY Change 10.73% 0.0% 30.57%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $381.0M $1.662B $415.0M
YoY Change 69.33% -23.27% 84.44%
Total Short-Term Liabilities $10.42B $11.71B $10.07B
YoY Change 14.02% -6.13% 23.06%
LONG-TERM LIABILITIES
Long-Term Debt $8.315B $8.877B $10.31B
YoY Change -24.5% -3.38% -2.25%
Other Long-Term Liabilities $4.296B $1.096B $1.160B
YoY Change 291.26% -2.14% 3.29%
Total Long-Term Liabilities $12.61B $1.096B $1.160B
YoY Change 1048.54% -2.14% 3.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.42B $11.71B $10.07B
Total Long-Term Liabilities $12.61B $1.096B $1.160B
Total Liabilities $25.02B $12.81B $11.23B
YoY Change 144.52% -5.8% 20.68%
SHAREHOLDERS EQUITY
Retained Earnings $16.59B $16.31B $15.55B
YoY Change 5.62% 6.89% 4.29%
Common Stock $4.877B $4.854B $4.828B
YoY Change -5.1% -5.88% -5.48%
Preferred Stock
YoY Change
Treasury Stock (at cost) $10.85B $10.85B $10.85B
YoY Change -0.15% -0.14% -0.13%
Treasury Stock Shares
Shareholders Equity $10.92B $11.12B $10.42B
YoY Change
Total Liabilities & Shareholders Equity $35.95B $38.30B $37.26B
YoY Change -3.14% 0.25% 4.98%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $277.0M $760.0M -$278.0M
YoY Change -37.89% 118.39% -339.66%
Depreciation, Depletion And Amortization $335.0M $325.0M $324.0M
YoY Change 4.04% 3.17% 3.85%
Cash From Operating Activities $234.0M $1.906B $1.071B
YoY Change -140.7% -4.94% 66.05%
INVESTING ACTIVITIES
Capital Expenditures -$1.079B -$989.0M -$514.0M
YoY Change 681.88% 941.05% 441.05%
Acquisitions
YoY Change
Other Investing Activities -$41.00M -$565.0M $375.0M
YoY Change -84.98% 51.07% -453.77%
Cash From Investing Activities -$1.120B -$1.555B -$139.0M
YoY Change 171.84% 231.56% -30.85%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00 $0.00 $0.00
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $209.0M
YoY Change
Cash From Financing Activities -1.905B -$215.0M -$314.0M
YoY Change 1113.38% -134.85% -167.67%
NET CHANGE
Cash From Operating Activities 234.0M $1.906B $1.071B
Cash From Investing Activities -1.120B -$1.555B -$139.0M
Cash From Financing Activities -1.905B -$215.0M -$314.0M
Net Change In Cash -2.791B $136.0M $618.0M
YoY Change 143.97% -93.68% -31.94%
FREE CASH FLOW
Cash From Operating Activities $234.0M $1.906B $1.071B
Capital Expenditures -$1.079B -$989.0M -$514.0M
Free Cash Flow $1.313B $2.895B $1.585B
YoY Change -400.46% 37.86% 114.19%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000092380
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
CY2021 us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
http://fasb.org/us-gaap/2022#AccountingStandardsUpdate202006Member
CY2020 us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
http://fasb.org/us-gaap/2022#AccountingStandardsUpdate201601Member
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-7259
dei Entity Registrant Name
EntityRegistrantName
SOUTHWEST AIRLINES CO.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
TX
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
74-1563240
dei Entity Address Address Line1
EntityAddressAddressLine1
P.O. Box 36611
dei Entity Address City Or Town
EntityAddressCityOrTown
Dallas,
dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
75235-1611
dei City Area Code
CityAreaCode
214
dei Local Phone Number
LocalPhoneNumber
792-4000
dei Security12b Title
Security12bTitle
Common Stock ($1.00 par value)
dei Trading Symbol
TradingSymbol
LUV
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
593350161 shares
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13234000000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12480000000 usd
CY2022Q2 us-gaap Short Term Investments
ShortTermInvestments
3197000000 usd
CY2021Q4 us-gaap Short Term Investments
ShortTermInvestments
3024000000 usd
CY2022Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
1389000000 usd
CY2021Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
1357000000 usd
CY2022Q2 us-gaap Airline Related Inventory
AirlineRelatedInventory
751000000 usd
CY2021Q4 us-gaap Airline Related Inventory
AirlineRelatedInventory
537000000 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
825000000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
638000000 usd
CY2022Q2 us-gaap Assets Current
AssetsCurrent
19396000000 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
18036000000 usd
CY2022Q2 us-gaap Flight Equipment Gross
FlightEquipmentGross
21598000000 usd
CY2021Q4 us-gaap Flight Equipment Gross
FlightEquipmentGross
21226000000 usd
CY2022Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
6563000000 usd
CY2021Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
6342000000 usd
CY2022Q2 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
637000000 usd
CY2021Q4 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
0 usd
CY2022Q2 luv Assets Constructed For Others
AssetsConstructedForOthers
12000000 usd
CY2021Q4 luv Assets Constructed For Others
AssetsConstructedForOthers
6000000 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
28810000000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
27574000000 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
13216000000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
12732000000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15594000000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14842000000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
970000000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
970000000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1495000000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1590000000 usd
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
847000000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
882000000 usd
CY2022Q2 us-gaap Assets
Assets
38302000000 usd
CY2021Q4 us-gaap Assets
Assets
36320000000 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1908000000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1282000000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1587000000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1624000000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
242000000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
239000000 usd
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
6312000000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5566000000 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1662000000 usd
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
453000000 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
11711000000 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
9164000000 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8877000000 usd
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
10274000000 usd
CY2022Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2206000000 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2159000000 usd
CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
2072000000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1770000000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1220000000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1315000000 usd
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1096000000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1224000000 usd
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
888000000 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
888000000 usd
CY2022Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3966000000 usd
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4224000000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
16311000000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
15774000000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
805000000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
388000000 usd
CY2022Q2 us-gaap Treasury Stock Value
TreasuryStockValue
10850000000 usd
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
10860000000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
11120000000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
10414000000 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
38302000000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
36320000000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6728000000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4008000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11422000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6060000000 usd
CY2022Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2220000000 usd
CY2021Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1825000000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
4450000000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
3395000000 usd
CY2022Q2 luv Payroll Support And Voluntary Employee Programs Net
PayrollSupportAndVoluntaryEmployeeProgramsNet
0 usd
CY2021Q2 luv Payroll Support And Voluntary Employee Programs Net
PayrollSupportAndVoluntaryEmployeeProgramsNet
740000000 usd
luv Payroll Support And Voluntary Employee Programs Net
PayrollSupportAndVoluntaryEmployeeProgramsNet
0 usd
luv Payroll Support And Voluntary Employee Programs Net
PayrollSupportAndVoluntaryEmployeeProgramsNet
2187000000 usd
CY2022Q2 us-gaap Fuel Costs
FuelCosts
1636000000 usd
CY2021Q2 us-gaap Fuel Costs
FuelCosts
803000000 usd
us-gaap Fuel Costs
FuelCosts
2640000000 usd
us-gaap Fuel Costs
FuelCosts
1272000000 usd
CY2022Q2 us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
210000000 usd
CY2021Q2 us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
222000000 usd
us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
420000000 usd
us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
395000000 usd
CY2022Q2 us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
388000000 usd
CY2021Q2 us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
403000000 usd
us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
733000000 usd
us-gaap Landing Fees And Other Rentals
LandingFeesAndOtherRentals
716000000 usd
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
325000000 usd
CY2021Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
315000000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
649000000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
627000000 usd
CY2022Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
791000000 usd
CY2021Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
586000000 usd
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1523000000 usd
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1049000000 usd
CY2022Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
5570000000 usd
CY2021Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
3414000000 usd
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
10415000000 usd
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
5267000000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1158000000 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
594000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1007000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
793000000 usd
CY2022Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
93000000 usd
CY2021Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
116000000 usd
us-gaap Interest Costs Incurred
InterestCostsIncurred
186000000 usd
us-gaap Interest Costs Incurred
InterestCostsIncurred
229000000 usd
CY2022Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
11000000 usd
CY2021Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
8000000 usd
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
20000000 usd
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
19000000 usd
CY2022Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
28000000 usd
CY2021Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
31000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
4000000 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-68000000 usd
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
14000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-212000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
61000000 usd
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-122000000 usd
CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-92000000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-347000000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-145000000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1036000000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
502000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
660000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
648000000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
276000000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
154000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
178000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
185000000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
760000000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
348000000 usd
us-gaap Net Income Loss
NetIncomeLoss
482000000 usd
us-gaap Net Income Loss
NetIncomeLoss
463000000 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.29
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.78
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.77
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
674000000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
544000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
899000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
723000000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
593000000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
591000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
593000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
591000000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
635000000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
615000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
640000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
612000000 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
10414000000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
7000000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16000000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
225000000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
10417000000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
13000000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16000000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
674000000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
11120000000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
8876000000 usd
CY2021Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
0 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14000000 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
23000000 usd
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
180000000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
9093000000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
13000000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16000000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
22000000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
544000000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
9688000000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
760000000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
348000000 usd
us-gaap Net Income Loss
NetIncomeLoss
482000000 usd
us-gaap Net Income Loss
NetIncomeLoss
463000000 usd
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
325000000 usd
CY2021Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
315000000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
649000000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
627000000 usd
CY2022Q2 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
15000000 usd
CY2021Q2 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
31000000 usd
us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2022Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-4000000 usd
CY2021Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-7000000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
CY2022Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
20000000 usd
CY2021Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
17000000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-15000000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
23000000 usd
CY2022Q2 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-272000000 usd
CY2021Q2 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
30000000 usd
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-174000000 usd
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
26000000 usd
CY2022Q2 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
-43000000 usd
CY2021Q2 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
0 usd
us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
-116000000 usd
us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
0 usd
CY2022Q2 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-439000000 usd
CY2021Q2 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
563000000 usd
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-105000000 usd
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
797000000 usd
CY2022Q2 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1000000 usd
CY2021Q2 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-16000000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
45000000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-5000000 usd
CY2022Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
328000000 usd
CY2021Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
989000000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
506000000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
923000000 usd
CY2022Q2 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-92000000 usd
CY2021Q2 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
946000000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
793000000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1546000000 usd
CY2022Q2 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-103000000 usd
CY2021Q2 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-64000000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-209000000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-186000000 usd
CY2022Q2 us-gaap Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
-101000000 usd
CY2021Q2 us-gaap Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
48000000 usd
us-gaap Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
284000000 usd
us-gaap Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
86000000 usd
CY2022Q2 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
37000000 usd
CY2021Q2 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
17000000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
69000000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
32000000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1906000000 usd
CY2021Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2005000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2977000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2650000000 usd
CY2022Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
987000000 usd
CY2021Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
95000000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1497000000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
190000000 usd
CY2022Q2 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
3000000 usd
CY2021Q2 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
0 usd
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
6000000 usd
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
0 usd
CY2022Q2 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
1545000000 usd
CY2021Q2 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
1651000000 usd
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
2470000000 usd
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
2975000000 usd
CY2022Q2 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
980000000 usd
CY2021Q2 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
1277000000 usd
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
2280000000 usd
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
2495000000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1555000000 usd
CY2021Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-469000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1693000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-670000000 usd
CY2022Q2 luv Proceeds From Payroll Support Program Loans And Warrants
ProceedsFromPayrollSupportProgramLoansAndWarrants
0 usd
CY2021Q2 luv Proceeds From Payroll Support Program Loans And Warrants
ProceedsFromPayrollSupportProgramLoansAndWarrants
625000000 usd
luv Proceeds From Payroll Support Program Loans And Warrants
ProceedsFromPayrollSupportProgramLoansAndWarrants
0 usd
luv Proceeds From Payroll Support Program Loans And Warrants
ProceedsFromPayrollSupportProgramLoansAndWarrants
1136000000 usd
CY2022Q2 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
13000000 usd
CY2021Q2 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
13000000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
19000000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
26000000 usd
CY2022Q2 luv Repayments Of Other Long Term Debt And Finance Lease Obligations
RepaymentsOfOtherLongTermDebtAndFinanceLeaseObligations
53000000 usd
CY2021Q2 luv Repayments Of Other Long Term Debt And Finance Lease Obligations
RepaymentsOfOtherLongTermDebtAndFinanceLeaseObligations
43000000 usd
luv Repayments Of Other Long Term Debt And Finance Lease Obligations
RepaymentsOfOtherLongTermDebtAndFinanceLeaseObligations
146000000 usd
luv Repayments Of Other Long Term Debt And Finance Lease Obligations
RepaymentsOfOtherLongTermDebtAndFinanceLeaseObligations
109000000 usd
CY2022Q2 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
178000000 usd
CY2021Q2 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
409000000 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
CY2022Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
3000000 usd
CY2021Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
22000000 usd
CY2022Q2 luv Residual Travel Funds
ResidualTravelFunds
0.05
CY2019Q4 luv Residual Travel Funds
ResidualTravelFunds
0.02
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
6000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
28000000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-215000000 usd
CY2021Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
617000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-530000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1081000000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
136000000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2153000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
754000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3061000000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13098000000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11971000000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12480000000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11063000000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13234000000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14124000000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13234000000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14124000000 usd
CY2022Q2 us-gaap Interest Paid Net
InterestPaidNet
141000000 usd
CY2021Q2 us-gaap Interest Paid Net
InterestPaidNet
150000000 usd
us-gaap Interest Paid Net
InterestPaidNet
161000000 usd
us-gaap Interest Paid Net
InterestPaidNet
167000000 usd
CY2022Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
7000000 usd
CY2021Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
176000000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
11000000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
177000000 usd
CY2022Q2 luv Adoption Of Accounting Standards Update
AdoptionOfAccountingStandardsUpdate
0 usd
CY2021Q2 luv Adoption Of Accounting Standards Update
AdoptionOfAccountingStandardsUpdate
0 usd
luv Adoption Of Accounting Standards Update
AdoptionOfAccountingStandardsUpdate
245000000 usd
luv Adoption Of Accounting Standards Update
AdoptionOfAccountingStandardsUpdate
0 usd
CY2022Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3000000 usd
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12000000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
27000000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
230000000 usd
CY2022Q2 luv Flight Equipment Acquired Against Supplier Credit
FlightEquipmentAcquiredAgainstSupplierCredit
0 usd
CY2021Q2 luv Flight Equipment Acquired Against Supplier Credit
FlightEquipmentAcquiredAgainstSupplierCredit
207000000 usd
luv Flight Equipment Acquired Against Supplier Credit
FlightEquipmentAcquiredAgainstSupplierCredit
0 usd
luv Flight Equipment Acquired Against Supplier Credit
FlightEquipmentAcquiredAgainstSupplierCredit
512000000 usd
CY2022Q2 luv Assets Constructed For Others During Period
AssetsConstructedForOthersDuringPeriod
0 usd
CY2021Q2 luv Assets Constructed For Others During Period
AssetsConstructedForOthersDuringPeriod
-341000000 usd
luv Assets Constructed For Others During Period
AssetsConstructedForOthersDuringPeriod
0 usd
luv Assets Constructed For Others During Period
AssetsConstructedForOthersDuringPeriod
-309000000 usd
us-gaap Basis Of Accounting
BasisOfAccounting
BASIS OF PRESENTATION<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Southwest Airlines Co. (the "Company" or "Southwest") operates Southwest Airlines, a major passenger airline that provides scheduled air transportation in the United States and near-international markets. The unaudited Condensed Consolidated Financial Statements include accounts of the Company and its wholly owned subsidiaries.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">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 ("GAAP") for complete financial statements. The unaudited Condensed Consolidated Financial Statements for the interim periods ended June 30, 2022 and 2021 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. However, beginning in early 2020, as a result of the COVID-19 pandemic, the Company's results have not always been in line with such historical trends. See Note 2 for further information. Air travel is also significantly impacted by general economic conditions, the amount of disposable income available to consumers and changes in consumer behavior, unemployment levels, corporate travel budgets, global pandemics such as COVID-19, extreme or severe weather and natural disasters, fears of terrorism or war, governmental actions, 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, and the periodic volatility of commodities used by the Company for hedging jet fuel, have created, and may continue to create, significant volatility in the Company's financial results. See Note 4 for further information on fuel and the Company's hedging program. Operating results for the three and six months ended June 30, 2022, are not necessarily indicative of the results that may be expected for future quarters or for the year ended December 31, 2022. For further information, refer to the Consolidated Financial Statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021.</span></div>
CY2022Q1 luv Employees Who Elected Conversion In Extended Emergency Time Off
EmployeesWhoElectedConversionInExtendedEmergencyTimeOff
0 employee
CY2022Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1305000000 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
696000000 usd
CY2022Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
167000000 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
4000000 usd
CY2022Q2 us-gaap Price Risk Cash Flow Hedge Unrealized Gain Loss To Be Reclassified During Next12 Months
PriceRiskCashFlowHedgeUnrealizedGainLossToBeReclassifiedDuringNext12Months
545000000 usd
CY2022Q2 luv Maximum Sum Of Derivatives Of Counterparty To Be Included In Other
MaximumSumOfDerivativesOfCounterpartyToBeIncludedInOther
12000000 usd
CY2022Q2 luv Letter Of Credit Percent Of Collateral
LetterOfCreditPercentOfCollateral
1
CY2022Q2 luv Cash Collateral Percent Of Fair Value Fuel Derivatives Contracts
CashCollateralPercentOfFairValueFuelDerivativesContracts
1
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
760000000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
348000000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-86000000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
196000000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
674000000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
544000000 usd
us-gaap Net Income Loss
NetIncomeLoss
482000000 usd
us-gaap Net Income Loss
NetIncomeLoss
463000000 usd
luv Other Comprehensive Income Other Tax
OtherComprehensiveIncomeOtherTax
0 usd
luv Other Comprehensive Income Other Tax
OtherComprehensiveIncomeOtherTax
-13000000 usd
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
0 usd
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-47000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
417000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
260000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
899000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
723000000 usd
CY2021Q4 luv Residual Travel Funds
ResidualTravelFunds
0.16
CY2022Q2 luv Contract With Customer Liability Air Traffic Liability Service Revenue
ContractWithCustomerLiabilityAirTrafficLiabilityServiceRevenue
3634000000 usd
CY2021Q4 luv Contract With Customer Liability Air Traffic Liability Service Revenue
ContractWithCustomerLiabilityAirTrafficLiabilityServiceRevenue
2936000000 usd
CY2022Q2 luv Contract With Customer Liability Air Traffic Liability Loyalty Program
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgram
4884000000 usd
CY2021Q4 luv Contract With Customer Liability Air Traffic Liability Loyalty Program
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgram
4789000000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8518000000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7725000000 usd
CY2022Q1 luv Contract With Customer Liability Air Traffic Liability Loyalty Program
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgram
4884000000 usd
CY2021Q1 luv Contract With Customer Liability Air Traffic Liability Loyalty Program
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgram
4623000000 usd
CY2021Q4 luv Contract With Customer Liability Air Traffic Liability Loyalty Program
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgram
4789000000 usd
CY2020Q4 luv Contract With Customer Liability Air Traffic Liability Loyalty Program
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgram
4447000000 usd
CY2022Q2 luv Contract With Customer Liability Air Traffic Liability Loyalty Program Awarded Points
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgramAwardedPoints
842000000 usd
CY2021Q2 luv Contract With Customer Liability Air Traffic Liability Loyalty Program Awarded Points
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgramAwardedPoints
656000000 usd
luv Contract With Customer Liability Air Traffic Liability Loyalty Program Awarded Points
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgramAwardedPoints
1579000000 usd
luv Contract With Customer Liability Air Traffic Liability Loyalty Program Awarded Points
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgramAwardedPoints
1121000000 usd
CY2022Q2 luv Contract With Customer Liability Air Traffic Liability Loyalty Program
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgram
4884000000 usd
CY2021Q2 luv Contract With Customer Liability Air Traffic Liability Loyalty Program
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgram
4719000000 usd
CY2022Q2 luv Contract With Customer Liability Air Traffic Liability Loyalty Program
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgram
4884000000 usd
CY2021Q2 luv Contract With Customer Liability Air Traffic Liability Loyalty Program
ContractWithCustomerLiabilityAirTrafficLiabilityLoyaltyProgram
4719000000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7725000000 usd
luv Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
11086000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3029000000 usd
luv Contract With Customer Liability Revenue Recognized Current Period
ContractWithCustomerLiabilityRevenueRecognizedCurrentPeriod
7264000000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8518000000 usd
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7133000000 usd
luv Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
6851000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1600000000 usd
luv Contract With Customer Liability Revenue Recognized Current Period
ContractWithCustomerLiabilityRevenueRecognizedCurrentPeriod
-3705000000 usd
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8679000000 usd
CY2022Q2 luv Contract With Customer Liability Adjustment Modification Of Contract
ContractWithCustomerLiabilityAdjustmentModificationOfContract
1100000000 usd
luv Revenue From Contracts With Customers Loyalty Program Redemption Period
RevenueFromContractsWithCustomersLoyaltyProgramRedemptionPeriod
P2Y
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
760000000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
348000000 usd
us-gaap Net Income Loss
NetIncomeLoss
482000000 usd
us-gaap Net Income Loss
NetIncomeLoss
463000000 usd
CY2022Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
4000000 usd
CY2021Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 usd
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
8000000 usd
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
764000000 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
348000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
490000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
463000000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
593000000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
591000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
593000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
591000000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
41000000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
22000000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
46000000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
19000000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
1000000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
1000000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
635000000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
615000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
640000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
612000000 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.29
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.78
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.77
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2021Q1 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
38.48
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
59000000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
58000000 usd
CY2022Q2 us-gaap Credit Card Receivables
CreditCardReceivables
166000000 usd
CY2021Q4 us-gaap Credit Card Receivables
CreditCardReceivables
83000000 usd
CY2022Q2 luv Business Partners And Other Suppliers Receivables Current
BusinessPartnersAndOtherSuppliersReceivablesCurrent
541000000 usd
CY2021Q4 luv Business Partners And Other Suppliers Receivables Current
BusinessPartnersAndOtherSuppliersReceivablesCurrent
432000000 usd
CY2022Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
219000000 usd
CY2021Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
699000000 usd
CY2022Q2 us-gaap Hedging Assets Current
HedgingAssetsCurrent
125000000 usd
CY2021Q4 us-gaap Hedging Assets Current
HedgingAssetsCurrent
8000000 usd
CY2022Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
279000000 usd
CY2021Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
77000000 usd
CY2022Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
1389000000 usd
CY2021Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
1357000000 usd
CY2022Q2 us-gaap Derivative Fair Value Amount Offset Against Collateral Net
DerivativeFairValueAmountOffsetAgainstCollateralNet
221000000 usd
CY2021Q4 us-gaap Derivative Fair Value Amount Offset Against Collateral Net
DerivativeFairValueAmountOffsetAgainstCollateralNet
192000000 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
295000000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
295000000 usd
CY2022Q2 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
331000000 usd
CY2021Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
395000000 usd
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
847000000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
882000000 usd
CY2022Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
395000000 usd
CY2021Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
156000000 usd
CY2022Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
340000000 usd
CY2021Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
287000000 usd
CY2022Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
318000000 usd
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
200000000 usd
CY2022Q2 luv Aircraft Maintenance Payable
AircraftMaintenancePayable
69000000 usd
CY2021Q4 luv Aircraft Maintenance Payable
AircraftMaintenancePayable
42000000 usd
CY2022Q2 luv Fuel Payable
FuelPayable
260000000 usd
CY2021Q4 luv Fuel Payable
FuelPayable
170000000 usd
CY2022Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
526000000 usd
CY2021Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
427000000 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1908000000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1282000000 usd
CY2022Q2 luv Voluntary Separation Program2020 Accrued Liability
VoluntarySeparationProgram2020AccruedLiability
79000000 usd
CY2021Q4 luv Voluntary Separation Program2020 Accrued Liability
VoluntarySeparationProgram2020AccruedLiability
92000000 usd
CY2022Q2 us-gaap Deferred Compensation Cash Based Arrangements Liability Current
DeferredCompensationCashBasedArrangementsLiabilityCurrent
154000000 usd
CY2021Q4 us-gaap Deferred Compensation Cash Based Arrangements Liability Current
DeferredCompensationCashBasedArrangementsLiabilityCurrent
262000000 usd
CY2022Q2 us-gaap Accrued Vacation Current
AccruedVacationCurrent
463000000 usd
CY2021Q4 us-gaap Accrued Vacation Current
AccruedVacationCurrent
451000000 usd
CY2022Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
231000000 usd
CY2021Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
152000000 usd
CY2022Q2 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
155000000 usd
CY2021Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
141000000 usd
CY2022Q2 luv Accrualfor Propertyand Income Taxes
AccrualforPropertyandIncomeTaxes
58000000 usd
CY2021Q4 luv Accrualfor Propertyand Income Taxes
AccrualforPropertyandIncomeTaxes
65000000 usd
CY2022Q2 us-gaap Interest Payable Current
InterestPayableCurrent
96000000 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
46000000 usd
CY2022Q2 luv Deferred Supplier Payments Current
DeferredSupplierPaymentsCurrent
0 usd
CY2021Q4 luv Deferred Supplier Payments Current
DeferredSupplierPaymentsCurrent
80000000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
351000000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
335000000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1587000000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1624000000 usd
CY2022Q2 luv Voluntary Separation Program2020 Other Noncurrent Liability
VoluntarySeparationProgram2020OtherNoncurrentLiability
190000000 usd
CY2021Q4 luv Voluntary Separation Program2020 Other Noncurrent Liability
VoluntarySeparationProgram2020OtherNoncurrentLiability
233000000 usd
CY2022Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
334000000 usd
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
330000000 usd
CY2022Q2 us-gaap Other Deferred Compensation Arrangements Liability Classified Noncurrent
OtherDeferredCompensationArrangementsLiabilityClassifiedNoncurrent
302000000 usd
CY2021Q4 us-gaap Other Deferred Compensation Arrangements Liability Classified Noncurrent
OtherDeferredCompensationArrangementsLiabilityClassifiedNoncurrent
369000000 usd
CY2022Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
270000000 usd
CY2021Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
292000000 usd
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1096000000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1224000000 usd
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Delivered Remainder Of Fiscal Year
OtherCommitmentNumberOfAircraftsToBeDeliveredRemainderOfFiscalYear
114 aircraft
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Purchased Year One
OtherCommitmentNumberOfAircraftsToBePurchasedYearOne
114 aircraft
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Purchased Year Two
OtherCommitmentNumberOfAircraftsToBePurchasedYearTwo
90 aircraft
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Purchased Year Three
OtherCommitmentNumberOfAircraftsToBePurchasedYearThree
86 aircraft
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Purchased Year Four
OtherCommitmentNumberOfAircraftsToBePurchasedYearFour
86 aircraft
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Purchased Year Five
OtherCommitmentNumberOfAircraftsToBePurchasedYearFive
70 aircraft
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Purchased Year Six
OtherCommitmentNumberOfAircraftsToBePurchasedYearSix
36 aircraft
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Purchased Year Seven
OtherCommitmentNumberOfAircraftsToBePurchasedYearSeven
30 aircraft
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Purchased Year Eight
OtherCommitmentNumberOfAircraftsToBePurchasedYearEight
50 aircraft
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Purchased Year Nine
OtherCommitmentNumberOfAircraftsToBePurchasedYearNine
60 aircraft
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Purchased Year Ten
OtherCommitmentNumberOfAircraftsToBePurchasedYearTen
10 aircraft
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Purchased
OtherCommitmentNumberOfAircraftsToBePurchased
632 aircraft
CY2022Q2 luv Other Commitment Number Of Aircrafts To Be Delivered Remainder Of Fiscal Year
OtherCommitmentNumberOfAircraftsToBeDeliveredRemainderOfFiscalYear
114 aircraft
CY2022Q2 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
209000000 usd
CY2022Q2 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
168000000 usd
CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-43000000 usd
CY2022Q2 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2000000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
474000000 usd
us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
362000000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-116000000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4000000 usd

Files In Submission

Name View Source Status
0000092380-22-000048-index-headers.html Edgar Link pending
0000092380-22-000048-index.html Edgar Link pending
0000092380-22-000048.txt Edgar Link pending
0000092380-22-000048-xbrl.zip Edgar Link pending
boeinglogo.jpg Edgar Link pending
boeinglogoblue.jpg Edgar Link pending
capture1.jpg Edgar Link pending
capture11.jpg Edgar Link pending
capture12.jpg Edgar Link pending
capture13.jpg Edgar Link pending
capture14.jpg Edgar Link pending
capture15.jpg Edgar Link pending
capture16.jpg Edgar Link pending
exhibit101sa-16topax3729re.htm Edgar Link pending
exhibit102sa-17topax3729re.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
luv-20220630.htm Edgar Link pending
luv-20220630.xsd Edgar Link pending
luv-20220630_cal.xml Edgar Link unprocessable
luv-20220630_def.xml Edgar Link unprocessable
luv-20220630_g1.jpg Edgar Link pending
luv-20220630_htm.xml Edgar Link completed
luv-20220630_lab.xml Edgar Link unprocessable
luv-20220630_pre.xml Edgar Link unprocessable
luv-6302022xex311.htm Edgar Link pending
luv-6302022xex312.htm Edgar Link pending
luv-6302022xex32.htm Edgar Link pending
MetaLinks.json 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
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending