Revenue Recognition (Tables)
|
9 Months Ended |
Sep. 30, 2022 |
Revenue from Contract with Customer [Abstract] |
|
Schedule of disaggregation of revenue |
Passenger Revenue | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | (in millions) | 2022 | 2021 | | 2022 | 2021 | | | | Ticket | $ | 10,247 | | $ | 6,237 | | | $ | 26,005 | | $ | 13,067 | | | | | Loyalty travel awards | 786 | | 544 | | | 2,073 | | 1,213 | | | | | Travel-related services | 431 | | 410 | | | 1,251 | | 998 | | | | | Total passenger revenue | $ | 11,464 | | $ | 7,191 | | | $ | 29,329 | | $ | 15,278 | | | | | Other Revenue | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | (in millions) | 2022 | 2021 | | 2022 | 2021 | | | | Refinery | $ | 1,134 | | $ | 872 | | | $ | 3,835 | | $ | 2,189 | | | | | Loyalty program | 655 | | 453 | | | 1,877 | | 1,260 | | | | | Ancillary businesses | 249 | | 215 | | | 665 | | 586 | | | | | Miscellaneous | 233 | | 161 | | | 640 | | 388 | | | | | Total other revenue | $ | 2,271 | | $ | 1,701 | | | $ | 7,017 | | $ | 4,423 | | | | |
|
Schedule of activity in loyalty program deferred revenue |
The table below presents the activity of the current and noncurrent loyalty program deferred revenue and includes miles earned through travel and miles sold to participating companies, which are primarily through marketing agreements.
| | | | | | | | | | | | Loyalty program activity | (in millions) | | 2022 | 2021 | Balance at January 1 | | $ | 7,559 | | $ | 7,182 | | Miles earned | | 2,496 | | 1,541 | | Miles redeemed for air travel | | (2,073) | | (1,213) | | Miles redeemed for non-air travel and other | | (122) | | (54) | | Balance at September 30 | | $ | 7,860 | | $ | 7,456 | |
|
Schedule of revenue by geographic region |
Our passenger and operating revenue by geographic region is summarized in the following tables: | | | | | | | | | | | | | | | | | | | | | Passenger revenue by geographic region | | Passenger Revenue | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | (in millions) | 2022 | 2021 | | 2022 | 2021 | | | | Domestic | $ | 8,154 | | $ | 5,759 | | | $ | 22,035 | | $ | 12,517 | | | | | Atlantic | 2,313 | | 730 | | | 4,553 | | 1,160 | | | | | Latin America | 659 | | 564 | | | 2,084 | | 1,313 | | | | | Pacific | 338 | | 138 | | | 657 | | 288 | | | | | Total | $ | 11,464 | | $ | 7,191 | | | $ | 29,329 | | $ | 15,278 | | | | |
| | | | | | | | | | | | | | | | | | | | | Operating revenue by geographic region | | Operating Revenue | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | (in millions) | 2022 | 2021 | | 2022 | 2021 | | | | Domestic | $ | 10,118 | | $ | 7,311 | | | $ | 28,322 | | $ | 16,572 | | | | | Atlantic | 2,705 | | 954 | | | 5,538 | | 1,688 | | | | | Latin America | 752 | | 653 | | | 2,417 | | 1,620 | | | | | Pacific | 400 | | 236 | | | 870 | | 549 | | | | | Total | $ | 13,975 | | $ | 9,154 | | | $ | 37,147 | | $ | 20,429 | | | | |
|