For the three and six months ended June 30, operating and nonoperating special charges and unrealized (gains) losses on investments in the statements of consolidated operations consisted of the following (in millions):


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Labor contract ratification bonuses	$	561	$	—	$	561	$	—
(Gains) losses on sale of assets and other special charges	(114)		36		(222)		49
Total operating special charges	447		36		340		49
Nonoperating unrealized (gains) losses on investments, net	(26)		33		(5)		70
Nonoperating debt extinguishment and modification fees	—		—		—		35
Total nonoperating special charges and unrealized (gains) losses on investments, net	(26)		33		(5)		105
Total operating and nonoperating special charges and unrealized (gains) losses on investments, net	422		69		335		154
Income tax benefit, net of valuation allowance	(128)		(8)		(127)		(19)
Total operating and nonoperating special charges and unrealized (gains) losses on investments, net of income taxes	$	293	$	61	$	208	$	135

During the three and six months ended June 30, 2025, the Company recorded $114 million and $222 million, respectively, of net gains on sale of assets and other special charges, which were primarily comprised of $151 million and $261 million, respectively, of gains on various aircraft sale-leaseback transactions. The Company also recorded a $561 million special charge in connection with the TA with its flight attendants represented by the AFA. See Note 9 for more information related to the TA.