v3.25.4
REVENUE RECOGNITION (Tables)
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
Passenger revenue is composed of passenger ticket sales, loyalty travel awards and travel-related services performed in conjunction with a passenger’s flight.

Passenger revenue by category
Year Ended December 31,
(in millions)202520242023
Ticket$45,488 $45,096 $43,596 
Loyalty travel awards4,237 3,841 3,462 
Travel-related services2,043 1,957 1,851 
Total passenger revenue$51,768 $50,894 $48,909 
Other Revenue
Year Ended December 31,
(in millions)202520242023
Refinery$5,077 $4,642 $3,379 
Loyalty program3,362 3,297 3,093 
Ancillary businesses937 772 840 
Miscellaneous1,320 1,216 1,104 
Total other revenue$10,696 $9,927 $8,416 
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)202520242023
Balance at January 1$8,826 $8,420 $7,882 
Miles earned4,892 4,463 4,173 
Travel miles redeemed(4,237)(3,841)(3,462)
Non-travel miles redeemed(219)(216)(173)
Balance at December 31$9,262 $8,826 $8,420 
Schedule of Revenue by Geographic Region Our passenger and operating revenue by geographic region are summarized in the following table:
Revenue by geographic region
Passenger RevenueOperating Revenue
Year Ended December 31,Year Ended December 31,
(in millions)202520242023202520242023
Domestic$35,731 $35,226 $33,968 $44,655 $43,508 $40,845 
Atlantic9,270 9,133 9,057 10,766 10,535 10,458 
Latin America3,980 3,995 3,798 4,579 4,564 4,292 
Pacific2,787 2,540 2,086 3,364 3,036 2,453 
Total$51,768 $50,894 $48,909 $63,364 $61,643 $58,048