2020 Q4 Form 10-K Financial Statement

#000010051721000016 Filed on March 01, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q2 2020 Q1
Revenue $3.412B $1.475B $7.979B
YoY Change -68.66% -87.06% -16.79%
Cost Of Revenue $1.993B $1.214B $3.570B
YoY Change -52.16% -71.46% -5.76%
Gross Profit $1.419B $261.0M $4.409B
YoY Change -78.89% -96.35% -24.0%
Gross Profit Margin 41.59% 17.69% 55.26%
Selling, General & Admin $2.248B $2.201B $3.250B
YoY Change -35.68% -37.1% 0.53%
% of Gross Profit 158.42% 843.3% 73.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $629.0M $618.0M $615.0M
YoY Change 3.8% 10.36% 12.43%
% of Gross Profit 44.33% 236.78% 13.95%
Operating Expenses $3.703B $3.347B $5.318B
YoY Change -35.39% -40.29% 0.57%
Operating Profit -$2.135B -$1.637B -$972.0M
YoY Change -347.97% -211.21% -296.36%
Interest Expense -$228.0M -$159.0M -$443.0M
YoY Change -642.86% -183.25% -335.64%
% of Operating Profit
Other Income/Expense, Net -$10.00M -$366.0M -$1.142B
YoY Change -83.05% 210.17% 792.19%
Pretax Income -$2.373B -$2.003B -$2.114B
YoY Change -381.16% -247.93% -676.02%
Income Tax -$476.0M -$376.0M -$410.0M
% Of Pretax Income
Net Earnings -$1.897B -$1.627B -$1.704B
YoY Change -395.94% -254.66% -683.56%
Net Earnings / Revenue -55.6% -110.31% -21.36%
Basic Earnings Per Share -$6.39 -$5.79 -$6.86
Diluted Earnings Per Share -$6.387M -$5.79 -$6.843M
COMMON SHARES
Basic Shares Outstanding 291.0M shares 280.7M shares 248.5M shares
Diluted Shares Outstanding 280.7M shares 248.5M shares

Balance Sheet

Concept 2020 Q4 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.68B $7.463B $5.221B
YoY Change 136.31% 37.09% 28.37%
Cash & Equivalents $11.27B $6.505B $3.442B
Short-Term Investments $414.0M $958.0M $1.779B
Other Short-Term Assets $890.0M $766.0M $822.0M
YoY Change 9.34% 8.19% 5.38%
Inventory $932.0M $955.0M $1.070B
Prepaid Expenses
Receivables $1.295B $857.0M $792.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $14.80B $10.04B $7.905B
YoY Change 80.62% 12.69% 3.9%
LONG-TERM ASSETS
Property, Plant & Equipment $36.00B $36.47B $36.66B
YoY Change 19.33% 26.13% 28.26%
Goodwill $4.527B $4.523B $4.523B
YoY Change 0.09% 0.0% 0.0%
Intangibles $2.838B $2.852B $2.945B
YoY Change -5.68% -8.85% -6.33%
Long-Term Investments $139.0M $798.0M $763.0M
YoY Change 10.32% -29.94% -30.51%
Other Assets $8.745B $8.387B $8.486B
YoY Change -7.84% -10.91% -9.53%
Total Long-Term Assets $44.75B $44.86B $45.15B
YoY Change 0.75% 3.75% 4.92%
TOTAL ASSETS
Total Short-Term Assets $14.80B $10.04B $7.905B
Total Long-Term Assets $44.75B $44.86B $45.15B
Total Assets $59.55B $54.90B $53.06B
YoY Change 13.19% 5.28% 4.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.595B $1.725B $2.436B
YoY Change -40.99% -43.13% -10.01%
Accrued Expenses $2.572B $3.775B $2.335B
YoY Change -13.02% 50.52% 1.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.911B $4.454B $4.055B
YoY Change 35.82% 254.9% 237.64%
Total Short-Term Liabilities $12.73B $16.40B $16.09B
YoY Change -14.81% 1.97% 4.9%
LONG-TERM LIABILITIES
Long-Term Debt $24.84B $14.32B $13.20B
YoY Change 88.94% 10.67% 3.64%
Other Long-Term Liabilities $1.156B $1.430B $1.179B
YoY Change 12.89% 45.92% -84.04%
Total Long-Term Liabilities $25.99B $15.75B $14.38B
YoY Change 83.44% 13.15% -28.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.73B $16.40B $16.09B
Total Long-Term Liabilities $25.99B $15.75B $14.38B
Total Liabilities $38.72B $32.14B $30.46B
YoY Change 33.02% 7.16% -14.08%
SHAREHOLDERS EQUITY
Retained Earnings $2.626B $6.365B $7.991B
YoY Change -72.97% -20.93% 14.17%
Common Stock $8.370B $7.310B $6.099B
YoY Change 36.5% 19.86% 0.26%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.897B $3.899B $3.901B
YoY Change 8.28% 29.02% 56.86%
Treasury Stock Shares
Shareholders Equity $5.960B $8.517B $9.418B
YoY Change
Total Liabilities & Shareholders Equity $59.55B $54.90B $53.06B
YoY Change 13.19% 5.28% 4.77%

Cashflow Statement

Concept 2020 Q4 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income -$1.897B -$1.627B -$1.704B
YoY Change -395.94% -254.66% -683.56%
Depreciation, Depletion And Amortization $629.0M $618.0M $615.0M
YoY Change 3.8% 10.36% 12.43%
Cash From Operating Activities -$2.177B -$130.0M $63.00M
YoY Change -284.34% -104.8% -96.71%
INVESTING ACTIVITIES
Capital Expenditures -$97.00M -$39.00M -$1.959B
YoY Change -91.86% -95.45% 21.75%
Acquisitions
YoY Change
Other Investing Activities $137.0M $851.0M -$1.000M
YoY Change -200.0% 42450.0% -106.67%
Cash From Investing Activities $40.00M $812.0M -$1.572B
YoY Change -103.01% -194.86% -0.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.100B $353.0M
YoY Change -31.19%
Debt Paid & Issued, Net $253.0M
YoY Change 1.2%
Cash From Financing Activities 481.0M 2.382B $2.189B
YoY Change -1123.4% -597.29% -1296.17%
NET CHANGE
Cash From Operating Activities -2.177B -130.0M $63.00M
Cash From Investing Activities 40.00M 812.0M -$1.572B
Cash From Financing Activities 481.0M 2.382B $2.189B
Net Change In Cash -1.656B 3.064B $680.0M
YoY Change 749.23% 122.84% 347.37%
FREE CASH FLOW
Cash From Operating Activities -$2.177B -$130.0M $63.00M
Capital Expenditures -$97.00M -$39.00M -$1.959B
Free Cash Flow -$2.080B -$91.00M $2.022B
YoY Change -187.65% -102.55% -42.62%

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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;padding-left:24.91pt">Use of Estimates—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the amounts reported in these financial statements and accompanying notes. Actual results could differ from those estimates.</span>
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454000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1933000000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
48000000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5598000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
406000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
612000000 USD
CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
182000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4986000000 USD
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
224000000 USD
CY2020Q4 ual Lessee Operating And Finance Lease Not Yet Commenced Amount
LesseeOperatingAndFinanceLeaseNotYetCommencedAmount
740000000 USD
CY2020 ual Lessee Operating And Finance Lease Not Yet Commenced Term Of Contract
LesseeOperatingAndFinanceLeaseNotYetCommencedTermOfContract
P12Y
CY2020Q4 ual Number Of Aircraft In Sale Leaseback Transaction Included In Flight Equipment
NumberOfAircraftInSaleLeasebackTransactionIncludedInFlightEquipment
11 aircraft
CY2020Q4 ual Number Of Aircraft In Sale Leaseback Transaction Included In Operating Lease Amounts
NumberOfAircraftInSaleLeasebackTransactionIncludedInOperatingLeaseAmounts
4 aircraft
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P11Y
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P11Y
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.051
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.052
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.044
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.057
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
788000000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
902000000 USD
CY2018 us-gaap Operating Lease Payments
OperatingLeasePayments
1078000000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
20000000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
70000000 USD
CY2018 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
53000000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
66000000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
151000000 USD
CY2018 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
79000000 USD
CY2020Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
1800000000 USD
CY2020Q4 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
1800000000 USD
CY2020Q4 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
1700000000 USD
CY2020Q4 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
1500000000 USD
CY2020Q4 us-gaap Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
1200000000 USD
CY2020Q4 us-gaap Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
3100000000 USD
CY2020Q4 us-gaap Contractual Obligation
ContractualObligation
11100000000 USD
CY2020Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
4900000000 USD
CY2020Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
2900000000 USD
CY2020Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
2800000000 USD
CY2020Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
1600000000 USD
CY2020Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
2000000000.0 USD
CY2020Q4 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
10100000000 USD
CY2020Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
24300000000 USD
CY2020 ual Number Of Call Options To Purchase Regional Jet Aircraft
NumberOfCallOptionsToPurchaseRegionalJetAircraft
303 option
CY2020 us-gaap Unusual Or Infrequent Item Gain Gross
UnusualOrInfrequentItemGainGross
3536000000 USD
CY2019 us-gaap Unusual Or Infrequent Item Gain Gross
UnusualOrInfrequentItemGainGross
0 USD
CY2018 us-gaap Unusual Or Infrequent Item Gain Gross
UnusualOrInfrequentItemGainGross
0 USD
CY2020 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
575000000 USD
CY2019 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
16000000 USD
CY2018 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
41000000 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
318000000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
171000000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
377000000 USD
CY2020 us-gaap Loss On Contract Termination
LossOnContractTermination
0 USD
CY2019 us-gaap Loss On Contract Termination
LossOnContractTermination
0 USD
CY2018 us-gaap Loss On Contract Termination
LossOnContractTermination
64000000 USD
CY2020 ual Gain Loss On Sale Of Other Assets And Other Miscellaneous Charges
GainLossOnSaleOfOtherAssetsAndOtherMiscellaneousCharges
-27000000 USD
CY2019 ual Gain Loss On Sale Of Other Assets And Other Miscellaneous Charges
GainLossOnSaleOfOtherAssetsAndOtherMiscellaneousCharges
-59000000 USD
CY2018 ual Gain Loss On Sale Of Other Assets And Other Miscellaneous Charges
GainLossOnSaleOfOtherAssetsAndOtherMiscellaneousCharges
-5000000 USD
CY2020 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
-2616000000 USD
CY2019 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
246000000 USD
CY2018 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
487000000 USD
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
697000000 USD
CY2019 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
CY2018 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
CY2020 ual Defined Benefit Plan Net Periodic Benefit Cost Credit Gain Loss Due To Settlement Restructuring And Special And Contractual Termination Benefits
DefinedBenefitPlanNetPeriodicBenefitCostCreditGainLossDueToSettlementRestructuringAndSpecialAndContractualTerminationBenefits
-687000000 USD
CY2019 ual Defined Benefit Plan Net Periodic Benefit Cost Credit Gain Loss Due To Settlement Restructuring And Special And Contractual Termination Benefits
DefinedBenefitPlanNetPeriodicBenefitCostCreditGainLossDueToSettlementRestructuringAndSpecialAndContractualTerminationBenefits
0 USD
CY2018 ual Defined Benefit Plan Net Periodic Benefit Cost Credit Gain Loss Due To Settlement Restructuring And Special And Contractual Termination Benefits
DefinedBenefitPlanNetPeriodicBenefitCostCreditGainLossDueToSettlementRestructuringAndSpecialAndContractualTerminationBenefits
0 USD
CY2020 ual Gain Loss On Financial Instruments Non Operating
GainLossOnFinancialInstrumentsNonOperating
-194000000 USD
CY2019 ual Gain Loss On Financial Instruments Non Operating
GainLossOnFinancialInstrumentsNonOperating
153000000 USD
CY2018 ual Gain Loss On Financial Instruments Non Operating
GainLossOnFinancialInstrumentsNonOperating
-5000000 USD
CY2020 ual Special Charges And Losses On Financial Instruments Non Operating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsNonOperatingBeforeTax
1578000000 USD
CY2019 ual Special Charges And Losses On Financial Instruments Non Operating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsNonOperatingBeforeTax
-153000000 USD
CY2018 ual Special Charges And Losses On Financial Instruments Non Operating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsNonOperatingBeforeTax
5000000 USD
CY2020 ual Special Charges And Losses On Financial Instruments Operating And Nonoperating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsOperatingAndNonoperatingBeforeTax
-1038000000 USD
CY2019 ual Special Charges And Losses On Financial Instruments Operating And Nonoperating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsOperatingAndNonoperatingBeforeTax
93000000 USD
CY2020Q4 ual Number Of Employees Subject To Voluntary Options
NumberOfEmployeesSubjectToVoluntaryOptions
9000 employee
CY2018 ual Special Charges And Losses On Financial Instruments Operating And Nonoperating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsOperatingAndNonoperatingBeforeTax
492000000 USD
CY2020 ual Income Tax Expense Benefit Special Charges
IncomeTaxExpenseBenefitSpecialCharges
404000000 USD
CY2019 ual Income Tax Expense Benefit Special Charges
IncomeTaxExpenseBenefitSpecialCharges
-21000000 USD
CY2018 ual Income Tax Expense Benefit Special Charges
IncomeTaxExpenseBenefitSpecialCharges
-110000000 USD
CY2020 ual Income Tax Adjustments
IncomeTaxAdjustments
0 USD
CY2020 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
575000000 USD
CY2019 ual Income Tax Adjustments
IncomeTaxAdjustments
0 USD
CY2018 ual Income Tax Adjustments
IncomeTaxAdjustments
-5000000 USD
CY2020 ual Special Items Net Of Income Tax Benefits
SpecialItemsNetOfIncomeTaxBenefits
-634000000 USD
CY2019 ual Special Items Net Of Income Tax Benefits
SpecialItemsNetOfIncomeTaxBenefits
72000000 USD
CY2018 ual Special Items Net Of Income Tax Benefits
SpecialItemsNetOfIncomeTaxBenefits
377000000 USD
CY2020 ual Proceeds From Government Assistance
ProceedsFromGovernmentAssistance
5100000000 USD
CY2020 ual Proceeds From Government Assistance Grants
ProceedsFromGovernmentAssistanceGrants
3600000000 USD
CY2020 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
1500000000 USD
CY2020 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
66000000 USD
CY2020Q3 ual Number Of Employees Notified Of Plans For Workforce Reduction
NumberOfEmployeesNotifiedOfPlansForWorkforceReduction
36000 employee
CY2020Q4 ual Number Of Employees Furloughed
NumberOfEmployeesFurloughed
13000 employee
CY2020 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
38000000 USD
CY2020 us-gaap Impairment Of Ongoing Project
ImpairmentOfOngoingProject
56000000 USD
CY2020 ual Defined Benefit Plan Net Periodic Benefit Cost Credit Gain Loss Due To Settlement Restructuring And Special And Contractual Termination Benefits
DefinedBenefitPlanNetPeriodicBenefitCostCreditGainLossDueToSettlementRestructuringAndSpecialAndContractualTerminationBenefits
-687000000 USD
CY2020 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-24000000 USD
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
697000000 USD
CY2019 ual Special Charges Adjustment Write Off Unexercise And Impairments Of Aircraft
SpecialChargesAdjustmentWriteOffUnexerciseAndImpairmentsOfAircraft
18000000 USD
CY2019 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
20000000 USD
CY2019 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
-25000000 USD
CY2019 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-18000000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-14000000 USD
CY2019 us-gaap Other Restructuring Costs
OtherRestructuringCosts
2000000 USD
CY2019 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
13000000 USD
CY2018 ual Special Charges Fair Value Adjustment Write Offs And Impairments Of Aircraft
SpecialChargesFairValueAdjustmentWriteOffsAndImpairmentsOfAircraft
66000000 USD
CY2018 us-gaap Loss On Contract Termination
LossOnContractTermination
64000000 USD
CY2018 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
28000000 USD
CY2018 us-gaap Derivative Loss On Derivative
DerivativeLossOnDerivative
33000000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7979000000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1475000000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2489000000 USD
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3412000000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-972000000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1637000000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1615000000 USD
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-2135000000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-1704000000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-1627000000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-1841000000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-1897000000 USD
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.86
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.79
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.33
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.39
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9589000000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11402000000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11380000000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10888000000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
495000000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1472000000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1473000000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
861000000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
292000000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
1052000000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
1024000000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
641000000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.09
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.03
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.01
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.54
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.02
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.99
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.53
CY2020Q1 us-gaap Unusual Or Infrequent Item Gain Gross
UnusualOrInfrequentItemGainGross
0 USD
CY2020Q2 us-gaap Unusual Or Infrequent Item Gain Gross
UnusualOrInfrequentItemGainGross
1589000000 USD
CY2020Q3 us-gaap Unusual Or Infrequent Item Gain Gross
UnusualOrInfrequentItemGainGross
1494000000 USD
CY2020Q4 us-gaap Unusual Or Infrequent Item Gain Gross
UnusualOrInfrequentItemGainGross
453000000 USD
CY2020Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
50000000 USD
CY2020Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
80000000 USD
CY2020Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
51000000 USD
CY2020Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
137000000 USD
CY2020Q1 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
0 USD
CY2020Q2 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
63000000 USD
CY2020Q3 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
350000000 USD
CY2020Q4 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
162000000 USD
CY2020Q1 ual Gain Loss On Sale Of Other Assets And Other Miscellaneous Charges
GainLossOnSaleOfOtherAssetsAndOtherMiscellaneousCharges
-13000000 USD
CY2020Q4 ual Defined Benefit Plan Net Periodic Benefit Cost Credit Gain Loss Due To Settlement Restructuring And Special And Contractual Termination Benefits
DefinedBenefitPlanNetPeriodicBenefitCostCreditGainLossDueToSettlementRestructuringAndSpecialAndContractualTerminationBenefits
-41000000 USD
CY2020Q2 ual Gain Loss On Sale Of Other Assets And Other Miscellaneous Charges
GainLossOnSaleOfOtherAssetsAndOtherMiscellaneousCharges
3000000 USD
CY2020Q3 ual Gain Loss On Sale Of Other Assets And Other Miscellaneous Charges
GainLossOnSaleOfOtherAssetsAndOtherMiscellaneousCharges
-12000000 USD
CY2020Q4 ual Gain Loss On Sale Of Other Assets And Other Miscellaneous Charges
GainLossOnSaleOfOtherAssetsAndOtherMiscellaneousCharges
-5000000 USD
CY2020Q1 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
63000000 USD
CY2020Q2 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
-1449000000 USD
CY2020Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
-1081000000 USD
CY2020Q4 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
-149000000 USD
CY2020Q1 ual Defined Benefit Plan Net Periodic Benefit Cost Credit Gain Loss Due To Settlement Restructuring And Special And Contractual Termination Benefits
DefinedBenefitPlanNetPeriodicBenefitCostCreditGainLossDueToSettlementRestructuringAndSpecialAndContractualTerminationBenefits
0 USD
CY2020Q2 ual Defined Benefit Plan Net Periodic Benefit Cost Credit Gain Loss Due To Settlement Restructuring And Special And Contractual Termination Benefits
DefinedBenefitPlanNetPeriodicBenefitCostCreditGainLossDueToSettlementRestructuringAndSpecialAndContractualTerminationBenefits
-231000000 USD
CY2020Q3 ual Defined Benefit Plan Net Periodic Benefit Cost Credit Gain Loss Due To Settlement Restructuring And Special And Contractual Termination Benefits
DefinedBenefitPlanNetPeriodicBenefitCostCreditGainLossDueToSettlementRestructuringAndSpecialAndContractualTerminationBenefits
-415000000 USD
CY2020Q1 ual Gain Loss On Financial Instruments Non Operating
GainLossOnFinancialInstrumentsNonOperating
-319000000 USD
CY2020Q2 ual Gain Loss On Financial Instruments Non Operating
GainLossOnFinancialInstrumentsNonOperating
9000000 USD
CY2020Q3 ual Gain Loss On Financial Instruments Non Operating
GainLossOnFinancialInstrumentsNonOperating
15000000 USD
CY2020Q4 ual Gain Loss On Financial Instruments Non Operating
GainLossOnFinancialInstrumentsNonOperating
101000000 USD
CY2020Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
697000000 USD
CY2020Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
CY2020Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
CY2020Q4 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
CY2020Q1 ual Special Charges And Losses On Financial Instruments Non Operating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsNonOperatingBeforeTax
1016000000 USD
CY2020Q2 ual Special Charges And Losses On Financial Instruments Non Operating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsNonOperatingBeforeTax
222000000 USD
CY2020Q3 ual Special Charges And Losses On Financial Instruments Non Operating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsNonOperatingBeforeTax
400000000 USD
CY2020Q4 ual Special Charges And Losses On Financial Instruments Non Operating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsNonOperatingBeforeTax
-60000000 USD
CY2020Q1 ual Special Charges And Losses On Financial Instruments Operating And Nonoperating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsOperatingAndNonoperatingBeforeTax
1079000000 USD
CY2020Q2 ual Special Charges And Losses On Financial Instruments Operating And Nonoperating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsOperatingAndNonoperatingBeforeTax
-1227000000 USD
CY2020Q3 ual Special Charges And Losses On Financial Instruments Operating And Nonoperating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsOperatingAndNonoperatingBeforeTax
-681000000 USD
CY2020Q4 ual Special Charges And Losses On Financial Instruments Operating And Nonoperating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsOperatingAndNonoperatingBeforeTax
-209000000 USD
CY2020Q1 ual Income Tax Expense Benefit Special Charges
IncomeTaxExpenseBenefitSpecialCharges
-14000000 USD
CY2020Q2 ual Income Tax Expense Benefit Special Charges
IncomeTaxExpenseBenefitSpecialCharges
241000000 USD
CY2020Q3 ual Income Tax Expense Benefit Special Charges
IncomeTaxExpenseBenefitSpecialCharges
148000000 USD
CY2020Q4 ual Income Tax Expense Benefit Special Charges
IncomeTaxExpenseBenefitSpecialCharges
29000000 USD
CY2020Q1 ual Special Items Net Of Income Tax Benefits
SpecialItemsNetOfIncomeTaxBenefits
1065000000 USD
CY2019Q2 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
6000000 USD
CY2019Q3 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
2000000 USD
CY2019Q4 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
2000000 USD
CY2019Q2 ual Special Items Net Of Income Tax Benefits
SpecialItemsNetOfIncomeTaxBenefits
29000000 USD
CY2019Q3 ual Special Items Net Of Income Tax Benefits
SpecialItemsNetOfIncomeTaxBenefits
4000000 USD
CY2020Q2 ual Special Items Net Of Income Tax Benefits
SpecialItemsNetOfIncomeTaxBenefits
-986000000 USD
CY2020Q3 ual Special Items Net Of Income Tax Benefits
SpecialItemsNetOfIncomeTaxBenefits
-533000000 USD
CY2020Q4 ual Special Items Net Of Income Tax Benefits
SpecialItemsNetOfIncomeTaxBenefits
-180000000 USD
CY2019Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
8000000 USD
CY2019Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
61000000 USD
CY2019Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2019Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
102000000 USD
CY2019Q1 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
6000000 USD
CY2019Q1 ual Gain Loss On Sale Of Other Assets And Other Miscellaneous Charges
GainLossOnSaleOfOtherAssetsAndOtherMiscellaneousCharges
-4000000 USD
CY2019Q2 ual Gain Loss On Sale Of Other Assets And Other Miscellaneous Charges
GainLossOnSaleOfOtherAssetsAndOtherMiscellaneousCharges
-4000000 USD
CY2019Q3 ual Gain Loss On Sale Of Other Assets And Other Miscellaneous Charges
GainLossOnSaleOfOtherAssetsAndOtherMiscellaneousCharges
-25000000 USD
CY2019Q4 ual Gain Loss On Sale Of Other Assets And Other Miscellaneous Charges
GainLossOnSaleOfOtherAssetsAndOtherMiscellaneousCharges
-26000000 USD
CY2019Q1 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
18000000 USD
CY2019Q2 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
71000000 USD
CY2019Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
27000000 USD
CY2019Q4 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
130000000 USD
CY2019Q1 ual Gain Loss On Financial Instruments Non Operating
GainLossOnFinancialInstrumentsNonOperating
17000000 USD
CY2019Q2 ual Gain Loss On Financial Instruments Non Operating
GainLossOnFinancialInstrumentsNonOperating
34000000 USD
CY2019Q3 ual Gain Loss On Financial Instruments Non Operating
GainLossOnFinancialInstrumentsNonOperating
21000000 USD
CY2019Q4 ual Gain Loss On Financial Instruments Non Operating
GainLossOnFinancialInstrumentsNonOperating
81000000 USD
CY2019Q1 ual Special Charges And Losses On Financial Instruments Non Operating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsNonOperatingBeforeTax
1000000 USD
CY2019Q2 ual Special Charges And Losses On Financial Instruments Non Operating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsNonOperatingBeforeTax
37000000 USD
CY2019Q3 ual Special Charges And Losses On Financial Instruments Non Operating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsNonOperatingBeforeTax
6000000 USD
CY2019Q4 ual Special Charges And Losses On Financial Instruments Non Operating Before Tax
SpecialChargesAndLossesOnFinancialInstrumentsNonOperatingBeforeTax
49000000 USD
CY2019Q1 ual Income Tax Expense Benefit Special Charges
IncomeTaxExpenseBenefitSpecialCharges
0 USD
CY2019Q2 ual Income Tax Expense Benefit Special Charges
IncomeTaxExpenseBenefitSpecialCharges
-8000000 USD
CY2019Q3 ual Income Tax Expense Benefit Special Charges
IncomeTaxExpenseBenefitSpecialCharges
-2000000 USD
CY2019Q4 ual Income Tax Expense Benefit Special Charges
IncomeTaxExpenseBenefitSpecialCharges
-11000000 USD
CY2019Q1 ual Special Items Net Of Income Tax Benefits
SpecialItemsNetOfIncomeTaxBenefits
1000000 USD
CY2019Q4 ual Special Items Net Of Income Tax Benefits
SpecialItemsNetOfIncomeTaxBenefits
38000000 USD

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