Consolidated Balance Sheets - USD ($) $ in Millions

Current Assets:
Cash and cash equivalents
Short-term investments
Accounts receivable, net of an allowance for uncollectible accounts of $9 and $11 at
December 31, 2015 and 2014, respectively
Hedge margin receivable
Fuel inventory
Expendable parts and supplies inventories, net of an allowance for obsolescence of $114 and
$127 at December 31, 2015 and 2014, respectively
Hedge derivatives asset
Prepaid expenses and other
Total current assets
Property and Equipment, Net:
Property and equipment, net of accumulated depreciation and amortization of $10,871 and
$9,340 at December 31, 2015 and 2014, respectively
Other Assets:
Goodwill
Identifiable intangibles, net of accumulated amortization of $811 and $793 at December 31,
2015 and 2014, respectively
Deferred income taxes, net
Other noncurrent assets
Total other assets
Total assets
Current Liabilities:
Current maturities of long-term debt and capital leases
Air traffic liability
Accounts payable
Accrued salaries and related benefits
Hedge derivatives liability
Frequent flyer deferred revenue
Other accrued liabilities

Dec. 31, 2015

Dec. 31, 2014

$ 1,972
1,465
2,020

$ 2,088
1,217
2,297

119
379
318

925
534
318

1,987
796
9,056

1,078
701
9,158

23,039

21,929

9,794
4,861

9,794
4,603

4,956
1,428
21,039
53,134

7,595
926
22,918
54,005

1,563
4,503
2,743
3,195
2,581
1,635
1,306

1,184
4,296
2,622
2,266
2,772
1,580
2,127

Total current liabilities

Noncurrent Liabilities:
Long-term debt and capital leases
Pension, postretirement and related benefits
Frequent flyer deferred revenue
Other noncurrent liabilities
Total noncurrent liabilities
Commitments and Contingencies
Stockholders' Equity:
Common stock at $0.0001 par value; 1,500,000,000 shares authorized, 799,850,675 and
845,048,310 shares issued at December 31, 2015 and 2014, respectively
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Treasury stock, at cost, 21,066,684 and 19,790,077 shares at December 31, 2015 and 2014,
respectively
Total stockholders' equity
Total liabilities and stockholders' equity

17,526

16,847

6,766
13,855
2,246
1,891
$ 24,758

8,477
15,138
2,602
2,128
$ 28,345

$0

$0

10,875
7,623
(7,275)
(373)

12,981
3,456
(7,311)
(313)

10,850
$ 53,134

8,813
$ 54,005