v3.26.3
Basis of Presentation (Tables)
 9 Months Ended
Sep. 30, 2026
Accounting Policies [Abstract]  
Schedule of Change in Accounting Estimate The impact of these changes on depreciation expense for the three and nine months ended September 30, 2026 and September 30, 2025 is presented in the tables below.
Three months ended September 30,
(in millions, except per share amounts)20262025
Depreciation and amortization expense$(48)$(11)
Net income *31 7 
Net income per basic share0.06 0.01 
Net income per diluted share0.06 0.01 
* net of profit-sharing benefit and income taxes
Nine months ended September 30,
(in millions, except per share amounts)20262025
Depreciation and amortization expense$(108)$(11)
Net income *71 7 
Net income per basic share0.14 0.01 
Net income per diluted share0.14 0.01 
* net of profit-sharing benefit and income taxes
This second quarter 2026 breakage revenue adjustment, and its corresponding increase to Air Traffic Liability, resulted in the following impact to the results for the nine months ended September 30, 2026:
Nine months ended September 30,
(in millions, except per share amounts)2026
Breakage revenue adjustment$(285)
Net income*(187)
Net income per basic share(0.38)
Net income per diluted share(0.38)
* net of profit-sharing benefit and income taxes