10-Q Filing

ALASKA AIR GROUP, INC. CIK: 766421 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0000766421-21-000041`
Period End Date	20210331
Filing Date	20210506
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	alk-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 97 Income Statement 63 Cash Flow Statement 77 Stockholders Equity 22 Comprehensive Income 28

Balance Sheet 97 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$811.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.37B	USD	Point-in-time
Preferred stock, shares authorized (shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.08B	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$2.47B	USD	Point-in-time
Preferred stock, shares issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.98B	USD	Point-in-time
Total cash and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$3.35B	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total cash and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$3.55B	USD	Point-in-time
Receivables - net	`ReceivablesNetCurrent`	$517.00M	USD	Point-in-time
Receivables - net	`ReceivablesNetCurrent`	$480.00M	USD	Point-in-time
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Inventories and supplies - net	`InventoryNet`	$57.00M	USD	Point-in-time
Common stock, shares issued (shares)	`CommonStockSharesIssued`	133.57M	shares	Point-in-time
Common stock, shares issued (shares)	`CommonStockSharesIssued`	133.79M	shares	Point-in-time
Inventories and supplies - net	`InventoryNet`	$57.00M	USD	Point-in-time
Prepaid expenses, assets held-for-sale, and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$123.00M	USD	Point-in-time
Prepaid expenses, assets held-for-sale, and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$161.00M	USD	Point-in-time
Common stock, shares outstanding (shares)	`CommonStockSharesOutstanding`	124.44M	shares	Point-in-time
Common stock, shares outstanding (shares)	`CommonStockSharesOutstanding`	124.22M	shares	Point-in-time
Treasury Stock, Shares (shares)	`TreasuryStockShares`	9.35M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.28B	USD	Point-in-time
Treasury Stock, Shares (shares)	`TreasuryStockShares`	9.35M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.01B	USD	Point-in-time
Aircraft and other flight equipment	`FlightEquipmentGross`	$7.93B	USD	Point-in-time
Aircraft and other flight equipment	`FlightEquipmentGross`	$7.76B	USD	Point-in-time
Other property and equipment	`PropertyPlantAndEquipmentOther`	$1.40B	USD	Point-in-time
Other property and equipment	`PropertyPlantAndEquipmentOther`	$1.41B	USD	Point-in-time
Deposits for future flight equipment	`DepositsOnFlightEquipment`	$420.00M	USD	Point-in-time
Deposits for future flight equipment	`DepositsOnFlightEquipment`	$583.00M	USD	Point-in-time
Property and Equipment Total	`PropertyPlantAndEquipmentGross`	$9.74B	USD	Point-in-time
Property and Equipment Total	`PropertyPlantAndEquipmentGross`	$9.76B	USD	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$3.53B	USD	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$3.62B	USD	Point-in-time
Total Property and Equipment - Net	`PropertyPlantAndEquipmentNet`	$6.21B	USD	Point-in-time
Total Property and Equipment - Net	`PropertyPlantAndEquipmentNet`	$6.14B	USD	Point-in-time
Operating Lease, Right-of-Use Asset	`OperatingLeaseRightOfUseAsset`	$1.42B	USD	Point-in-time
Operating Lease, Right-of-Use Asset	`OperatingLeaseRightOfUseAsset`	$1.40B	USD	Point-in-time
Goodwill	`Goodwill`	$1.94B	USD	Point-in-time
Goodwill	`Goodwill`	$1.94B	USD	Point-in-time
Intangible assets - net	`IntangibleAssetsNetExcludingGoodwill`	$107.00M	USD	Point-in-time
Intangible assets - net	`IntangibleAssetsNetExcludingGoodwill`	$105.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$363.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$379.00M	USD	Point-in-time
Other Assets	`OtherAssets`	$3.83B	USD	Point-in-time
Other Assets	`OtherAssets`	$3.83B	USD	Point-in-time
Total Assets	`Assets`	$14.05B	USD	Point-in-time
Total Assets	`Assets`	$14.26B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$108.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$133.00M	USD	Point-in-time
Accrued wages, vacation and payroll taxes	`EmployeeRelatedLiabilitiesCurrent`	$527.00M	USD	Point-in-time
Accrued wages, vacation and payroll taxes	`EmployeeRelatedLiabilitiesCurrent`	$456.00M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$424.00M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$541.00M	USD	Point-in-time
Operating Lease, Liability, Current	`OperatingLeaseLiabilityCurrent`	$271.00M	USD	Point-in-time
Operating Lease, Liability, Current	`OperatingLeaseLiabilityCurrent`	$290.00M	USD	Point-in-time
Current portion of long-term debt	`DebtCurrent`	$1.25B	USD	Point-in-time
Current portion of long-term debt	`DebtCurrent`	$1.14B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.76B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.29B	USD	Point-in-time
Long-Term Debt, Net of Current Portion	`LongTermDebtNoncurrent`	$2.36B	USD	Point-in-time
Long-Term Debt, Net of Current Portion	`LongTermDebtNoncurrent`	$2.33B	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	$1.27B	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	$1.28B	USD	Point-in-time
Deferred Income Tax Liabilities, Net	`DeferredIncomeTaxLiabilitiesNet`	$407.00M	USD	Point-in-time
Deferred Income Tax Liabilities, Net	`DeferredIncomeTaxLiabilitiesNet`	$365.00M	USD	Point-in-time
Deferred revenue, noncurrent	`DeferredRevenueNoncurrent`	$1.51B	USD	Point-in-time
Deferred revenue, noncurrent	`DeferredRevenueNoncurrent`	$1.54B	USD	Point-in-time
Obligation for pension and postretirement medical benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$665.00M	USD	Point-in-time
Obligation for pension and postretirement medical benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$663.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$524.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$482.00M	USD	Point-in-time
Other Liabilities and Credits Totals	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$4.41B	USD	Point-in-time
Other Liabilities and Credits Totals	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$4.30B	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, Authorized: 5,000,000 shares, none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, Authorized: 5,000,000 shares, none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, Authorized: 400,000,000 shares, Issued: 2021 - 133,792,045 shares; 2020 - 133,567,534 shares, Outstanding: 2021 - 124,442,101 shares; 2020 - 124,217,590 shares	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, $0.01 par value, Authorized: 400,000,000 shares, Issued: 2021 - 133,792,045 shares; 2020 - 133,567,534 shares, Outstanding: 2021 - 124,442,101 shares; 2020 - 124,217,590 shares	`CommonStockValue`	$1.00M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$391.00M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$409.00M	USD	Point-in-time
Treasury stock (common), at cost: 2020 - 9,349,944 shares; 2020 - 9,349,944 shares	`TreasuryStockValue`	$674.00M	USD	Point-in-time
Treasury stock (common), at cost: 2020 - 9,349,944 shares; 2020 - 9,349,944 shares	`TreasuryStockValue`	$674.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-494.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-494.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.76B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.63B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$2.99B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$2.88B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$4.01B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$4.33B	USD	Point-in-time
Preferred Stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$14.26B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$14.05B	USD	Point-in-time

Income Statement 63 line items

Line Item	Tag	Value	Unit	Period
Total Operating Revenues	`Revenues`	$797.00M	USD	1 Quarter
Total Operating Revenues	`Revenues`	$1.64B	USD	1 Quarter
Wages and benefits	`LaborAndRelatedExpense`	$493.00M	USD	1 Quarter
Wages and benefits	`LaborAndRelatedExpense`	$612.00M	USD	1 Quarter
Variable incentive pay	`OtherLaborRelatedExpenses`	$33.00M	USD	1 Quarter
Variable incentive pay	`OtherLaborRelatedExpenses`	$7.00M	USD	1 Quarter
PSPGrantRecognized	`PSPGrantRecognized`	$411.00M	USD	1 Quarter
PSPGrantRecognized	`PSPGrantRecognized`	-	USD	1 Quarter
Aircraft fuel, including hedging gains and losses	`FuelCosts`	$384.00M	USD	1 Quarter
Aircraft fuel, including hedging gains and losses	`FuelCosts`	$203.00M	USD	1 Quarter
Aircraft maintenance	`AircraftMaintenanceMaterialsAndRepairs`	$115.00M	USD	1 Quarter
Aircraft maintenance	`AircraftMaintenanceMaterialsAndRepairs`	$81.00M	USD	1 Quarter
Aircraft rent	`AircraftRental`	$62.00M	USD	1 Quarter
Aircraft rent	`AircraftRental`	$81.00M	USD	1 Quarter
Landing fees and other rentals	`LandingFeesAndOtherRentals`	$129.00M	USD	1 Quarter
Landing fees and other rentals	`LandingFeesAndOtherRentals`	$131.00M	USD	1 Quarter
Contracted services	`ProfessionalAndContractServicesExpense`	$51.00M	USD	1 Quarter
Contracted services	`ProfessionalAndContractServicesExpense`	$72.00M	USD	1 Quarter
Selling expenses	`SellingExpense`	$33.00M	USD	1 Quarter
Selling expenses	`SellingExpense`	$55.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$97.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$108.00M	USD	1 Quarter
Food and beverage service	`CostOfServicesCatering`	$23.00M	USD	1 Quarter
Food and beverage service	`CostOfServicesCatering`	$49.00M	USD	1 Quarter
Third-party regional carrier expense	`RegionalCarrierExpense`	$37.00M	USD	1 Quarter
Third-party regional carrier expense	`RegionalCarrierExpense`	$30.00M	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$105.00M	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$143.00M	USD	1 Quarter
Special items - Impairment charges and other	`SpecialItemsImpairmentChargesAndOther`	$18.00M	USD	1 Quarter
Special items - Impairment charges and other	`SpecialItemsImpairmentChargesAndOther`	$160.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$11.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$220.00M	USD	Annual
Special items - merger-related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Special items - merger-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$3.00M	USD	1 Quarter
Costs and Expenses, Total	`CostsAndExpenses`	$958.00M	USD	1 Quarter
Costs and Expenses, Total	`CostsAndExpenses`	$1.96B	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-321.00M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-161.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$7.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$9.00M	USD	1 Quarter
Interest Costs Incurred	`InterestCostsIncurred`	$13.00M	USD	1 Quarter
Interest Costs Incurred	`InterestCostsIncurred`	$32.00M	USD	1 Quarter
Interest capitalized	`InterestCostsCapitalizedAdjustment`	$3.00M	USD	1 Quarter
Interest capitalized	`InterestCostsCapitalizedAdjustment`	$3.00M	USD	1 Quarter
Othernet	`OtherNonoperatingIncomeExpense`	$5.00M	USD	1 Quarter
Othernet	`OtherNonoperatingIncomeExpense`	$10.00M	USD	1 Quarter
Nonoperating Income (Expense) Total	`NonoperatingIncomeExpense`	$4.00M	USD	1 Quarter
Nonoperating Income (Expense) Total	`NonoperatingIncomeExpense`	$-12.00M	USD	1 Quarter
Income (Loss) Before Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-317.00M	USD	1 Quarter
Income (Loss) Before Income Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-173.00M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-42.00M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-85.00M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-232.00M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-131.00M	USD	1 Quarter
Basic Earnings Per Share (usd per share)	`EarningsPerShareBasic`	$-1.05	USD	1 Quarter
Basic Earnings Per Share (usd per share)	`EarningsPerShareBasic`	$-1.89	USD	1 Quarter
Diluted Earnings Per Share (usd per share)	`EarningsPerShareDiluted`	$-1.05	USD	1 Quarter
Diluted Earnings Per Share (usd per share)	`EarningsPerShareDiluted`	$-1.89	USD	1 Quarter
Basic shares (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	124.30M	shares	1 Quarter
Basic shares (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	122.82M	shares	1 Quarter
Diluted shares (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	122.82M	shares	1 Quarter
Diluted shares (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	124.30M	shares	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$811.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.37B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.08B	USD	Point-in-time
Restricted cash included in Prepaid expenses, assets held-for-sale and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$16.00M	USD	Point-in-time
Restricted cash included in Prepaid expenses, assets held-for-sale and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$11.00M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$822.00M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.39B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.00M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$-232.00M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-131.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$97.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$108.00M	USD	1 Quarter
Stock-based compensation and other	`ShareBasedCompensation`	$9.00M	USD	1 Quarter
Stock-based compensation and other	`ShareBasedCompensation`	$12.00M	USD	1 Quarter
Special items - Impairment charges and other	`SpecialItemsImpairmentChargesAndOther`	$18.00M	USD	1 Quarter
Special items - Impairment charges and other	`SpecialItemsImpairmentChargesAndOther`	$160.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$11.00M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$220.00M	USD	Annual
Changes in deferred tax provision	`IncreaseDecreaseInDeferredIncomeTaxes`	$39.00M	USD	1 Quarter
Changes in deferred tax provision	`IncreaseDecreaseInDeferredIncomeTaxes`	$44.00M	USD	1 Quarter
Increase (Decrease) in Contract with Customer, Liability	`IncreaseDecreaseInContractWithCustomerLiability`	$224.00M	USD	1 Quarter
Increase (Decrease) in Contract with Customer, Liability	`IncreaseDecreaseInContractWithCustomerLiability`	$210.00M	USD	1 Quarter
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$33.00M	USD	1 Quarter
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$48.00M	USD	1 Quarter
Other - net	`OtherOperatingActivitiesCashFlowStatement`	$-73.00M	USD	1 Quarter
Other - net	`OtherOperatingActivitiesCashFlowStatement`	$-211.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$167.00M	USD	1 Quarter
Aircraft and aircraft purchase deposits	`PaymentsForFlightEquipment`	$3.00M	USD	1 Quarter
Aircraft and aircraft purchase deposits	`PaymentsForFlightEquipment`	$57.00M	USD	1 Quarter
Other flight equipment	`PaymentsToAcquireOtherProductiveAssets`	$35.00M	USD	1 Quarter
Other flight equipment	`PaymentsToAcquireOtherProductiveAssets`	$11.00M	USD	1 Quarter
Other property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$13.00M	USD	1 Quarter
Other property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$27.00M	USD	1 Quarter
Total property and equipment additions, including capitalized interest	`PaymentsToAcquirePropertyPlantAndEquipment`	$119.00M	USD	1 Quarter
Total property and equipment additions, including capitalized interest	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.00M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$1.24B	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$527.00M	USD	1 Quarter
Sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$732.00M	USD	1 Quarter
Sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$511.00M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$5.00M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$8.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-127.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-543.00M	USD	1 Quarter
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSecuredDebt`	$189.00M	USD	1 Quarter
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSecuredDebt`	$825.00M	USD	1 Quarter
Long-term debt payments	`RepaymentsOfLongTermDebt`	$60.00M	USD	1 Quarter
Long-term debt payments	`RepaymentsOfLongTermDebt`	$115.00M	USD	1 Quarter
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$31.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$45.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	-	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$8.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$684.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$82.00M	USD	1 Quarter
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$590.00M	USD	1 Quarter
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-294.00M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$822.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.39B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$822.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.39B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.00M	USD	Point-in-time
Interest (net of amount capitalized)	`InterestPaidNet`	$50.00M	USD	1 Quarter
Interest (net of amount capitalized)	`InterestPaidNet`	$9.00M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$811.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.37B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.08B	USD	Point-in-time
Restricted cash included in Prepaid expenses, assets held-for-sale and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$16.00M	USD	Point-in-time
Restricted cash included in Prepaid expenses, assets held-for-sale and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$11.00M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$2.99B	USD	Point-in-time
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$2.88B	USD	Point-in-time
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$4.01B	USD	Point-in-time
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$4.33B	USD	Point-in-time
Common stock, shares outstanding (shares)	`CommonStockSharesOutstanding`	124.44M	shares	Point-in-time
Common stock, shares outstanding (shares)	`CommonStockSharesOutstanding`	124.22M	shares	Point-in-time
Net Income (Loss)	`NetIncomeLoss`	$-232.00M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-131.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-17.00M	USD	1 Quarter
Stock Repurchased During Period, Value	`StockRepurchasedDuringPeriodValue`	$31.00M	USD	1 Quarter
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.00M	USD	1 Quarter
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.00M	USD	1 Quarter
Dividends, Cash	`DividendsCash`	$45.00M	USD	1 Quarter
Cash dividend declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.38	USD	1 Quarter
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.00M	USD	1 Quarter
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$2.99B	USD	Point-in-time
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$2.88B	USD	Point-in-time
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$4.01B	USD	Point-in-time
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$4.33B	USD	Point-in-time
Adjustments to Additional Paid in Capital, Warrant Issued	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$8.00M	USD	1 Quarter

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-232.00M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-131.00M	USD	1 Quarter
Unrealized holding gain (loss) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$1.00M	USD	1 Quarter
Unrealized holding gain (loss) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$11.00M	USD	1 Quarter
Reclassification of (gain) loss into Other - net nonoperating income (expense)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-3.00M	USD	1 Quarter
Reclassification of (gain) loss into Other - net nonoperating income (expense)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-4.00M	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$1.00M	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$3.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$12.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$3.00M	USD	1 Quarter
Reclassification of net pension expense into Wages and benefits and Other - net nonoperating income (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$7.00M	USD	1 Quarter
Reclassification of net pension expense into Wages and benefits and Other - net nonoperating income (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$8.00M	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossTax`	$-2.00M	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossTax`	$-2.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$5.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$6.00M	USD	1 Quarter
Unrealized holding gain (loss) arising during the period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$8.00M	USD	1 Quarter
Unrealized holding gain (loss) arising during the period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$25.00M	USD	1 Quarter
Reclassification of loss into Aircraft rent	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax`	$1.00M	USD	1 Quarter
Reclassification of loss into Aircraft rent	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax`	-	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$2.00M	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$5.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$6.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-19.00M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-17.00M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-249.00M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-131.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.