v3.26.3
REVENUE RECOGNITION (Tables)
 9 Months Ended
Sep. 30, 2026
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)2026202520262025
Ticket$13,620 $11,859 $38,158 $34,173 
Loyalty travel awards1,302 1,108 3,578 3,140 
Travel-related services612 539 1,707 1,539 
Passenger revenue$15,534 $13,506 $43,443 $38,852 
Other Revenue
Three Months Ended September 30,
Nine Months Ended September 30,
(in millions)2026202520262025
Refinery$2,601 $1,476 $6,346 $3,680 
Loyalty and related1,346 1,129 3,911 3,338 
MRO296 231 990 621 
Miscellaneous108 98 286 216 
Other revenue$4,351 $2,934 $11,533 $7,855 
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 within marketing agreements with those companies.

Loyalty program activity
(in millions)20262025
Balance at January 1$9,262 $8,826 
Miles earned4,130 3,605 
Miles redeemed for air travel(3,578)(3,140)
Miles redeemed for non-air travel and other(182)(169)
Balance at September 30
$9,632 $9,122 
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
Three Months Ended September 30,
Nine Months Ended September 30,
(in millions)2026202520262025
Domestic$10,594 $9,103 $29,985 $26,521 
Atlantic3,317 2,977 7,947 7,221 
Latin America867 759 3,184 3,047 
Pacific756 667 2,327 2,063 
Total$15,534 $13,506 $43,443 $38,852 

Operating revenue by geographic region
Three Months Ended September 30,
Nine Months Ended September 30,
(in millions)2026202520262025
Domestic$14,361 $11,561 $39,819 $33,032 
Atlantic3,869 3,423 9,357 8,353 
Latin America997 882 3,703 3,497 
Pacific959 807 2,918 2,479 
Total$20,186 $16,673 $55,797 $47,361