SOUTHWEST AIRLINES CO. LUV Cash Flow

Southwest airlines co. (LUV)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Dec'08	Sep'08	Jun'08	Mar'08
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss) Attributable to Parent
-94,000	513,000	659,000	741,000	387,000	654,000	615,000	733,000	463,000	1,747,000	528,000	743,000	339,000	462,000	388,000	820,000	513,000	536,000	584,000	608,000	453,000	190,000	329,000	465,000	152,000	212,000	259,000	224,000	59,000	79,000	16,000	228,000	98,000	152,000	-140,000	161,000	5,000	242,999	205,000	0	11,000	115,000	-16,000	91,000	-91,000	-57,000	-120,000	321,000	34,000
Adjustments to reconcile net income to cash provided by (used in) operating activities:
Depreciation and amortization
311,000	312,000	308,000	302,000	297,000	331,000	301,000	292,000	277,000	279,000	302,000	319,000	318,000	317,000	315,000	299,000	290,000	263,000	258,000	250,000	244,000	251,000	238,000	228,000	221,000	223,000	221,000	213,000	210,000	224,000	217,000	202,000	201,000	193,000	191,000	176,000	155,000	312,999	161,000	0	154,000	454,000	162,000	150,000	-150,000	154,000	152,000	148,000	145,000
Loss on asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	21,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Aircraft grounding charge
-	-	-	-	-	-	-	-	-	-	63,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized/realized (gain) loss on fuel derivative instruments
-2,000	0	0	0	0	1,000	2,000	4,000	7,000	29,000	42,000	6,000	-27,000	-301,000	67,000	122,000	-88,000	285,000	-87,000	-74,000	-11,000	275,000	-63,000	7,000	60,000	-19,000	58,000	-55,000	21,000	35,000	16,000	-63,000	201,000	184,000	-393,000	129,000	-10,000	-143,000	-17,000	0	21,000	-93,000	12,000	-3,000	70,000	-	307,000	-324,000	-
Deferred income taxes
49,000	206,000	-174,000	36,000	-13,000	-400,000	-104,000	131,000	72,000	846,000	98,000	68,000	54,000	-814,000	315,000	54,000	26,000	149,000	-82,000	23,000	19,000	-974,000	392,000	-11,000	92,000	-102,000	29,000	21,000	2,000	-371,000	82,000	24,000	14,000	90,000	-90,000	95,000	28,000	100,999	20,000	0	12,000	69,000	8,000	16,000	-21,000	-26,000	-48,000	135,000	-5,000
Amortization of deferred gains on sale and leaseback of aircraft
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	3,000	3,000	-	3,000	3,000	3,000	20,000	-3,000	-0	-3,000	23,000	-4,000	-4,000	-3,000	-3,000	-3,000	-3,000	-3,000
Share-based compensation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	-	4,000	5,000	5,000
Excess tax benefits from share-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	-	8,000	3,000	0
Changes in certain assets and liabilities:
Accounts and other receivables
-183,000	-198,000	88,000	-18,000	222,000	-226,000	13,000	81,000	15,000	79,000	0	-12,000	35,000	-305,000	320,000	14,000	21,000	3,000	-4,000	-41,000	130,000	-138,000	22,000	-10,000	72,000	-58,000	-73,000	51,000	97,000	-74,000	2,000	37,000	68,000	-71,000	-11,000	21,000	87,000	51,000	42,000	-0	-67,000	-24,000	12,000	-6,000	-22,000	176,000	62,000	-97,000	-70,000
Other assets
-58,000	-45,000	-79,000	-86,000	-29,000	-16,000	30,000	35,000	178,000	-2,000	64,000	119,000	81,000	58,000	16,000	49,000	-4,000	-64,000	-33,000	7,000	-13,000	-150,000	-6,000	21,000	-7,000	-36,000	63,000	-6,000	25,000	-60,000	74,000	39,000	51,000	16,000	42,000	46,000	92,000	18,999	7,000	0	-18,000	34,000	11,000	-28,000	10,000	-156,000	-48,000	-37,000	220,000
Accounts payable and accrued liabilities
-1,291,000	538,000	106,000	-89,000	-257,000	465,000	161,000	420,000	-501,000	389,000	87,000	-335,000	92,000	-51,000	247,000	-288,000	313,000	538,000	380,000	-134,000	177,000	122,000	-534,000	424,000	24,000	159,000	-98,000	162,000	120,000	71,000	-187,000	77,000	225,000	-13,000	-39,000	67,000	238,000	282,999	-5,000	0	-85,000	102,000	-147,000	104,000	0	-51,000	-379,000	286,000	46,000
Air traffic liability
701,000	-457,000	-17,000	-30,000	944,000	-512,000	52,000	100,000	866,000	-458,000	-119,000	2,000	918,000	-460,000	-77,000	79,000	685,000	-523,000	-301,000	201,000	717,000	-480,000	-108,000	153,000	761,000	-411,000	-95,000	199,000	707,000	-353,000	-5,000	-28,000	720,000	-222,000	-92,000	64,000	512,000	-140,000	-63,000	0	356,000	-170,000	6,000	-43,000	288,000	-312,000	-28,000	105,000	267,000
Other liabilities
-132,000	-67,000	-87,000	-54,000	-69,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash collateral received from (provided to) derivative counterparties
-5,000	25,000	0	-15,000	15,000	-165,000	10,000	75,000	65,000	29,000	151,000	99,000	37,000	305,000	114,000	347,000	-231,000	-357,000	181,000	-377,000	-17,000	-241,000	-98,000	95,000	11,000	2,000	80,000	-53,000	28,000	15,000	252,000	-181,000	147,000	234,000	-409,000	-49,000	29,000	244,999	15,000	0	5,000	95,000	0	-125,000	-60,000	-	-1,940,000	1,865,000	-
Other, net
-61,000	-4,000	-43,000	-29,000	-32,000	-19,000	73,000	0	-40,000	-32,000	-8,000	-37,000	-44,000	-36,000	-43,000	-35,000	-51,000	-67,000	-308,000	-52,000	-35,000	-236,000	-26,000	2,000	-17,000	-8,000	80,000	2,000	0	287,000	-184,000	161,000	-143,000	246,000	-2,000	78,000	-170,000	351,000	23,000	-0	-13,000	-103,000	28,000	-17,000	-41,000	-303,000	-243,000	-71,000	325,000
Net cash provided by (used in) operating activities
-377,000	825,000	1,091,000	966,000	1,105,000	989,000	1,271,000	1,631,000	1,002,000	562,000	996,000	746,000	1,625,000	709,000	856,000	1,112,000	1,616,000	323,000	836,000	627,000	1,452,000	205,000	240,000	1,338,000	1,119,000	288,000	428,000	778,000	983,000	230,000	464,000	145,000	1,225,000	372,000	-218,000	237,000	965,000	802,999	385,000	0	373,000	492,000	72,000	135,000	286,000	-2,545,000	-2,276,000	2,336,000	964,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures
224,000	262,000	375,000	230,000	160,000	538,000	454,000	521,000	409,000	520,000	638,000	551,000	414,000	674,000	464,000	462,000	438,000	810,000	230,000	428,000	573,000	466,000	406,000	481,000	395,000	438,000	268,000	193,000	534,000	399,000	406,000	416,000	127,000	420,000	276,000	215,000	57,000	531,999	100,000	0	-139,000	885,000	-198,000	-187,000	85,000	-158,000	-178,000	-223,000	-364,000
Supplier Proceeds
-300,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets constructed for others
-	-	0	0	-	5,000	8,000	17,000	24,000	13,000	17,000	47,000	49,000	39,000	33,000	26,000	11,000	26,000	32,000	22,000	22,000	22,000	27,000	19,000	12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PaymentsToAcquireBusinessesNetOfCashAcquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	35,000	0	-	0	0	-	-	-	-	-	-	-	-	-
Purchases of short-term investments
1,029,000	792,000	529,000	550,000	251,000	801,000	678,000	730,000	200,000	727,000	531,000	559,000	563,000	718,000	641,000	773,000	256,000	602,000	506,000	562,000	316,000	736,000	415,000	1,159,000	770,000	614,000	896,000	900,000	725,000	564,000	663,000	633,000	621,000	574,000	1,525,000	1,779,000	1,484,000	5,852,998	1,151,000	1	-1,380,000	7,510,000	-1,707,000	-1,394,000	1,697,000	-1,645,000	-794,000	-2,226,000	-1,221,000
Proceeds from sales of short-term and other investments
948,000	798,000	545,000	528,000	575,000	677,000	531,000	574,000	560,000	526,000	566,000	573,000	556,000	593,000	549,000	591,000	530,000	491,000	509,000	614,000	609,000	758,000	805,000	803,000	819,000	813,000	805,000	793,000	787,000	774,000	798,000	688,000	736,000	929,000	1,664,000	1,440,000	1,310,000	2,715,998	939,000	1	1,197,000	1,165,000	1,608,000	1,203,000	1,144,000	2,261,000	926,000	1,185,000	1,459,000
Other, net
-	-	0	-	-	-	-5,000	-	-	-	0	-	-	-	-5,000	4,000	-	-	0	9,000	-	-	1,000	1,000	-	-	0	0	-	-	6,000	-6,000	-	-	0	0	-	-	0	0	-	-	0	1,000	-	-	0	0	-
Net cash provided by (used in) investing activities
-5,000	144,000	-359,000	-252,000	164,000	-667,000	-604,000	-694,000	-73,000	-734,000	-620,000	-584,000	-470,000	-839,000	-584,000	-674,000	-175,000	-945,000	-259,000	-407,000	-302,000	-468,000	-44,000	-857,000	-358,000	-253,000	-359,000	-300,000	-472,000	-189,000	-277,000	-355,000	-12,000	-65,000	-137,000	-589,000	-231,000	-630,999	-312,000	-0	-322,000	-257,000	-297,000	-377,000	-638,000	458,000	-46,000	-1,264,000	-126,000
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of long-term debt
500,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	124,000	332,000	-	-	0	600,000	-
Proceeds from credit line borrowing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	-	-	-	-	-	-	-	-	-
Proceeds from sale leaseback transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	208,000	173,000	173,000	0	0	0
Proceeds from revolving credit facility
1,000,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	83,000	-	-	-	0	-	-
Proceeds from Notes Payable
1,000,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Employee stock plans
11,000	11,000	9,000	10,000	10,000	8,000	9,000	9,000	9,000	8,000	7,000	7,000	7,000	6,000	6,000	6,000	11,000	16,000	9,000	8,000	13,000	13,000	23,000	25,000	49,000	65,000	12,000	13,000	6,000	5,000	5,000	12,000	5,000	-15,000	4,000	27,000	4,000	32,999	10,000	0	12,000	8,000	4,000	4,000	4,000	4,000	85,000	17,000	11,000
Reimbursement for assets constructed for others
-	-	0	0	-	6,000	8,000	17,000	139,000	13,000	17,000	47,000	49,000	39,000	33,000	25,000	10,000	10,000	9,000	3,000	2,000	1,000	26,000	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from termination of interest rate derivative instrument
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	12,000	0	0	0	0	-	-	-	-	-	-	-	-	0	0	0	76,000	0	0	0	0	-	-	-	-	-	-	-	-
Payments of long-term debt and finance lease obligations
78,000	371,000	70,000	75,000	99,000	87,000	98,000	75,000	82,000	58,000	106,000	59,000	369,000	351,000	68,000	48,000	56,000	43,000	79,000	40,000	51,000	394,000	48,000	73,000	46,000	46,000	51,000	52,000	164,000	61,000	48,000	38,000	431,000	430,000	48,000	32,000	30,000	175,999	39,000	0	-60,000	150,000	-22,000	-7,000	-35,000	-15,000	-15,000	-6,000	-19,000
Repayments of Convertible Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	81,000	-	-	0	0	-	-	-	-	-	-	-	-	-
Payment of revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-400,000	-	-	0	0	-
Payment of credit line borrowing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-91,000	-	-	0	0	-
Payments of cash dividends
188,000	0	96,000	98,000	178,000	0	91,000	93,000	148,000	0	75,000	76,000	123,000	1,000	62,000	63,000	96,000	0	49,000	50,000	81,000	0	41,000	42,000	56,000	0	28,000	28,000	15,000	0	7,000	8,000	7,000	1,000	3,000	3,000	7,000	16,999	3,000	0	-7,000	12,000	-3,000	-3,000	7,000	0	-3,000	-3,000	-7,000
Repayment of construction obligation
-	-	0	0	-	8,000	8,000	7,000	7,000	4,000	2,000	2,000	2,000	3,000	2,000	2,000	2,000	2,000	3,000	3,000	2,000	3,000	3,000	2,000	3,000	3,000	2,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
451,000	550,000	500,000	450,000	500,000	500,000	500,000	500,000	500,000	350,000	300,000	400,000	550,000	300,000	250,000	700,000	500,000	0	500,000	380,000	300,000	200,000	200,000	240,000	315,000	39,000	150,000	251,000	100,000	75,000	50,000	225,000	50,000	50,000	175,000	0	0	-	0	0	-	-	-	-	-	0	0	0	-54,000
Excess tax benefits (obligations) from share-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,000	-	-8,000	-3,000	0
Other, net
-20,000	1,000	-33,000	1,000	-12,000	9,000	3,000	4,000	-13,000	-2,000	6,000	7,000	4,000	7,000	-3,000	-4,000	-3,000	-16,000	4,000	-11,000	0	-4,000	-3,000	-8,000	-4,000	10,000	-6,000	-9,000	-13,000	-3,000	-2,000	-6,000	-1,000	2,000	-2,000	-3,000	1,000	7,000	1,000	-0	0	-5,000	-5,000	0	-3,000	1,000	0	-6,000	0
Net cash provided by (used in) financing activities
1,774,000	-909,000	-690,000	-612,000	-779,000	-572,000	-677,000	-645,000	-602,000	207,000	-453,000	-476,000	-984,000	-156,000	-346,000	-786,000	-636,000	465,000	-609,000	-473,000	-407,000	-287,000	-246,000	-340,000	-375,000	-13,000	-225,000	-327,000	-286,000	-96,000	-102,000	-265,000	-484,000	-494,000	-224,000	-92,000	44,000	-62,999	-31,000	-0	-55,000	-23,000	181,000	43,000	129,000	1,065,000	59,000	599,000	-69,000
NET CHANGE IN CASH AND CASH EQUIVALENTS
1,392,000	60,000	42,000	102,000	490,000	-250,000	-10,000	292,000	327,000	35,000	-77,000	-314,000	171,000	-286,000	-74,000	-348,000	805,000	-157,000	-32,000	-253,000	743,000	-550,000	-50,000	141,000	386,000	22,000	-156,000	151,000	225,000	-55,000	85,000	-475,000	729,000	-187,000	-579,000	-444,000	778,000	109,000	42,000	-0	-4,000	212,000	-44,000	-199,000	-223,000	-	-	1,671,000	769,000
CASH PAYMENTS FOR:
Interest, net of amount capitalized
14,000	29,000	11,000	33,000	15,000	37,000	18,000	34,000	18,000	20,000	16,000	18,000	27,000	23,000	27,000	23,000	27,000	19,000	33,000	21,000	32,000	26,000	35,000	33,000	34,000	27,000	39,000	26,000	41,000	34,000	39,000	33,000	47,000	55,000	48,000	48,000	34,000	67,999	33,000	0	34,000	43,000	31,000	42,000	36,000	20,000	39,000	16,000	25,000
Income taxes
5,000	292,000	169,000	314,000	4,000	115,000	38,000	170,000	4,000	381,000	229,000	376,000	6,000	0	264,000	565,000	73,000	465,000	409,000	455,000	111,000	11,000	132,000	12,000	0	199,000	124,000	21,000	2,000	3,000	2,000	94,000	1,000	9,000	0	4,000	0	168,999	105,000	0	0	1,000	0	3,000	1,000	1,000	57,000	7,000	6,000
SUPPLEMENTAL DISCLOSURE OF NONCASH TRANSACTIONS
Flight equipment acquired through the assumption of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets acquired under operating leases
25,000	-	-	-	119,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets acquired under finance leases
0	-	-	-	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Flight equipment under finance leases
-	-	0	0	-	0	18,000	0	14,000	52,000	77,000	65,000	39,000	55,000	0	83,000	169,000	63,000	48,000	41,000	41,000	-	31,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets constructed for others
34,000	-8,000	28,000	24,000	21,000	45,000	46,000	40,000	40,000	70,000	39,000	38,000	50,000	31,000	50,000	55,000	60,000	66,000	46,000	37,000	43,000	29,000	27,000	19,000	13,000	15,000	15,000	47,000	28,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-
DebtConversionConvertedInstrumentAmount1
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-