v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating Revenue:        
Total operating revenue $ 13,975 $ 9,154 $ 37,147 $ 20,429
Operating Expense:        
Salaries and related costs 3,050 2,566 8,832 7,096
Aircraft fuel and related taxes 3,318 1,552 8,633 4,056
Ancillary businesses and refinery 1,349 1,079 4,449 2,724
Contracted services 881 634 2,425 1,723
Landing fees and other rents 562 524 1,611 1,477
Depreciation and amortization 538 501 1,554 1,494
Regional carrier expense 528 453 1,547 1,258
Aircraft maintenance materials and outside repairs 487 433 1,474 1,014
Passenger commissions and other selling expenses 546 308 1,385 640
Passenger service 406 226 1,050 520
Aircraft rent 131 105 380 313
Profit sharing 237 0 291 0
Government grant recognition 0 (1,822) 0 (4,512)
Other 486 390 1,325 1,003
Total operating expense 12,519 6,949 34,956 18,806
Operating Income 1,456 2,205 2,191 1,623
Non-Operating Expense:        
Interest expense, net (248) (314) (791) (1,014)
Equity method results 4 (49) (8) (102)
Gain/(loss) on investments, net (245) (223) (613) 251
Loss on extinguishment of debt (34) (183) (100) (266)
Pension and related benefit 73 111 218 337
Miscellaneous, net (44) (15) (103) (36)
Total non-operating expense, net (494) (673) (1,397) (830)
Income Before Income Taxes 962 1,532 794 793
Income Tax Provision (267) (320) (305) (105)
Net Income $ 695 $ 1,212 $ 489 $ 688
Basic Earnings Per Share (USD per share) $ 1.09 $ 1.90 $ 0.77 $ 1.08
Diluted Earnings Per Share (USD per share) $ 1.08 $ 1.89 $ 0.76 $ 1.07
Comprehensive Income $ 757 $ 1,294 $ 673 $ 926
Passenger        
Operating Revenue:        
Total operating revenue 11,464 7,191 29,329 15,278
Cargo        
Operating Revenue:        
Total operating revenue 240 262 801 728
Other        
Operating Revenue:        
Total operating revenue $ 2,271 $ 1,701 $ 7,017 $ 4,423