v3.26.3
SEGMENTS - Segment Reporting (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
Segment Reporting, Profit (Loss)          
Operating revenue $ 20,186 $ 16,673 $ 55,797 $ 47,361  
Airline salaries and related costs 4,822 4,443 14,124 12,928  
Aircraft fuel and related costs 4,351 2,570 11,202 7,439  
Depreciation and amortization 673 614 1,964 1,823  
Operating Income 1,454 1,684 3,819 4,355  
Interest expense, net 146 171 442 521  
Other non-operating expense (income) 234 (264) 509 (838)  
Income Before Income Taxes 1,074 1,777 2,868 4,672  
Total assets, end of period 86,048 79,623 86,048 79,623 $ 81,317
Capital expenditures 1,413 1,160 4,071 3,592  
Operating Segments | Airline          
Segment Reporting, Profit (Loss)          
Operating revenue 17,585 15,197 49,451 43,681  
Airline salaries and related costs 4,822 4,443 14,124 12,928  
Aircraft fuel and related costs 4,351 2,570 11,202 7,439  
Depreciation and amortization 673 614 1,964 1,823  
Other segment items 6,252 5,939 18,620 17,178  
Operating Income 1,487 1,631 3,541 4,313  
Interest expense, net 146 171 442 521  
Other non-operating expense (income) 234 (264) 509 (838)  
Income Before Income Taxes 1,107 1,724 2,590 4,630  
Total assets, end of period 82,741 76,961 82,741 76,961  
Capital expenditures 1,390 1,151 4,014 3,537  
Operating Segments | Refinery          
Segment Reporting, Profit (Loss)          
Operating revenue 2,967 1,795 7,616 5,213  
Refinery cost of goods sold 2,842 1,611 6,864 4,772  
Depreciation and amortization 28 28 85 84  
Other segment items 130 103 389 315  
Operating Income (33) 53 278 42  
Interest expense, net 0 1 (5) 3  
Income Before Income Taxes (33) 52 283 39  
Total assets, end of period 3,347 2,680 3,347 2,680  
Capital expenditures 23 9 57 55  
Intersegment Sales/Other          
Segment Reporting, Profit (Loss)          
Operating revenue (366) (319) (1,270) (1,533)  
Interest expense, net 0 (1) 5 (3)  
Income Before Income Taxes 0 1 (5) 3  
Total assets, end of period (40) (18) (40) (18)  
Intersegment Sales/Other | Sales to airline segment          
Segment Reporting, Profit (Loss)          
Operating revenue $ (366) $ (260) $ (1,300) $ (852)