v3.26.1
SEGMENTS - Segment Reporting (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Segment Reporting, Profit (Loss)          
Operating revenue $ 19,757 $ 16,648 $ 35,611 $ 30,688  
Airline salaries and related costs 4,762 4,402 9,302 8,485  
Aircraft fuel and related costs 4,109 2,458 6,851 4,869  
Depreciation and amortization 656 602 1,291 1,209  
Operating Income 1,864 2,102 2,365 2,671  
Interest expense/(income), net 144 172 296 350  
Other non-operating expense (income) (289) (644) 275 (574)  
Income Before Income Taxes 2,009 2,574 1,794 2,895  
Total assets, end of period 86,321 78,395 86,321 78,395 $ 81,317
Capital expenditures 1,458 1,209 2,658 2,433  
Operating Segments | Airline          
Segment Reporting, Profit (Loss)          
Operating revenue 17,666 15,507 31,866 28,485  
Airline salaries and related costs 4,762 4,402 9,302 8,485  
Aircraft fuel and related costs 4,109 2,458 6,851 4,869  
Depreciation and amortization 656 602 1,291 1,209  
Other segment items 6,626 5,933 12,368 11,241  
Operating Income 1,513 2,112 2,054 2,681  
Interest expense/(income), net 144 172 296 350  
Other non-operating expense (income) (289) (644) 275 (574)  
Income Before Income Taxes 1,658 2,584 1,483 2,905  
Total assets, end of period 82,878 75,989 82,878 75,989  
Capital expenditures 1,442 1,200 2,624 2,387  
Operating Segments | Refinery          
Segment Reporting, Profit (Loss)          
Operating revenue 2,611 1,720 4,649 3,418  
Refinery cost of goods sold 2,099 1,598 4,022 3,160  
Depreciation and amortization 29 28 57 56  
Other segment items 132 104 259 212  
Operating Income 351 (10) 311 (10)  
Interest expense/(income), net (4) 1 (5) 3  
Income Before Income Taxes 355 (11) 316 (13)  
Total assets, end of period 3,634 2,420 3,634 2,420  
Capital expenditures 16 9 34 46  
Intersegment Sales/Other          
Segment Reporting, Profit (Loss)          
Operating revenue (520) (579) (904) (1,215)  
Interest expense/(income), net 4 (1) 5 3  
Income Before Income Taxes (4) 1 (5) 3  
Total assets, end of period (191) (14) (191) (14)  
Intersegment Sales/Other | Sales to airline segment          
Segment Reporting, Profit (Loss)          
Operating revenue $ (520) $ (332) $ (904) $ (592)