Southwest airlines co. (LUV)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Dec'08Sep'08Jun'08Mar'08
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss) Attributable to Parent

1,819

2,300

2,441

2,397

2,389

2,465

3,558

3,471

3,481

3,357

2,072

1,932

2,009

2,183

2,257

2,453

2,241

2,181

1,835

1,580

1,437

1,136

1,158

1,088

847

754

621

378

382

421

494

338

271

178

268

613

453

459

331

110

201

99

-73

-177

53

178

0

0

0

Adjustments to reconcile net income to cash provided by (used in) operating activities:
Depreciation and amortization

1,233

1,219

1,238

1,231

1,221

1,201

1,149

1,150

1,177

1,218

1,256

1,269

1,249

1,221

1,167

1,110

1,061

1,015

1,003

983

961

938

910

893

878

867

868

864

853

844

813

787

761

715

834

804

629

628

769

770

920

616

316

306

304

599

0

0

0

Loss on asset impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Aircraft grounding charge

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized/realized (gain) loss on fuel derivative instruments

-2

0

1

3

7

14

42

82

84

50

-280

-255

-139

-200

386

232

36

113

103

127

208

279

-15

106

44

5

59

17

9

189

338

-71

121

-90

-417

-41

-170

-139

-88

-59

-63

-14

386

50

0

-

0

0

-

Deferred income taxes

117

55

-551

-481

-386

-301

945

1,147

1,084

1,066

-594

-377

-391

-419

544

147

116

109

-1,014

-540

-574

-501

371

8

40

-50

-319

-266

-263

-251

210

38

109

123

133

243

149

133

101

89

105

72

-23

-79

40

56

0

0

0

Amortization of deferred gains on sale and leaseback of aircraft

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

29

23

20

14

17

16

12

12

-14

-13

-12

-12

0

0

0

Share-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Excess tax benefits from share-based compensation arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Changes in certain assets and liabilities:
Accounts and other receivables

-311

94

66

-9

90

-117

188

175

82

102

-282

38

64

50

358

34

-21

88

-53

-27

4

-54

26

-69

-8

17

1

76

62

33

36

23

7

26

148

201

180

26

-49

-79

-85

-40

160

210

119

71

0

0

0

Other assets

-268

-239

-210

-101

20

227

241

275

359

262

322

274

204

119

-3

-52

-94

-103

-189

-162

-148

-142

-28

41

14

46

22

33

78

104

180

148

155

196

199

164

118

8

23

27

-1

27

-163

-222

-231

-21

0

0

0

Accounts payable and accrued liabilities

-736

298

225

280

789

545

469

395

-360

233

-207

-47

0

221

810

943

1,097

961

545

-369

189

36

73

509

247

343

255

166

81

186

102

250

240

253

548

582

516

193

12

-129

-26

59

-94

-326

-144

-98

0

0

0

Air traffic liability

197

440

385

454

584

506

560

389

291

343

341

383

460

227

164

-60

62

94

137

330

282

326

395

408

454

400

458

548

321

334

465

378

470

262

343

372

309

153

123

192

149

81

-61

-95

53

32

0

0

0

Other liabilities

-340

-277

-210

-123

-69

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash collateral received from (provided to) derivative counterparties

5

25

-165

-155

-65

-15

179

320

344

316

592

555

803

535

-127

-60

-784

-570

-454

-733

-261

-233

10

188

40

57

70

242

114

233

452

-209

-77

-195

-184

239

289

265

115

100

-25

-90

-2,125

-260

0

-

0

0

-

Other, net

-137

-108

-123

-7

22

14

1

-80

-117

-121

-125

-160

-158

-165

-196

-461

-478

-462

-631

-349

-295

-277

-49

57

57

74

369

105

264

121

80

262

179

152

257

282

204

361

-93

-88

-105

-133

-333

-604

-658

-292

0

0

0

Net cash provided by (used in) operating activities

2,505

3,987

4,151

4,331

4,996

4,893

4,466

4,191

3,306

3,929

4,076

3,936

4,302

4,293

3,907

3,887

3,402

3,238

3,120

2,524

3,235

2,902

2,985

3,173

2,613

2,477

2,419

2,455

1,822

2,064

2,206

1,524

1,616

1,356

1,786

2,389

2,153

1,561

1,250

937

1,072

985

-2,052

-4,400

-2,199

-1,521

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures

1,091

1,027

1,303

1,382

1,673

1,922

1,904

2,088

2,118

2,123

2,277

2,103

2,014

2,038

2,174

1,940

1,906

2,041

1,697

1,873

1,926

1,748

1,720

1,582

1,294

1,433

1,394

1,532

1,755

1,348

1,369

1,239

1,038

968

1,079

903

689

493

846

548

361

585

-458

-438

-474

-923

0

0

0

Supplier Proceeds

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets constructed for others

-

-

5

13

-

54

62

71

101

126

152

168

147

109

96

95

91

102

98

93

90

80

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

PaymentsToAcquireBusinessesNetOfCashAcquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

35

35

0

-

0

0

-

-

-

-

-

-

-

-

-

Purchases of short-term investments

2,900

2,122

2,131

2,280

2,460

2,409

2,335

2,188

2,017

2,380

2,371

2,481

2,695

2,388

2,272

2,137

1,926

1,986

2,120

2,029

2,626

3,080

2,958

3,439

3,180

3,135

3,085

2,852

2,585

2,481

2,491

3,353

4,499

5,362

10,640

10,266

8,488

5,624

7,281

4,423

3,029

6,106

-3,049

-2,136

-2,968

-5,886

0

0

0

Proceeds from sales of short-term and other investments

2,819

2,446

2,325

2,311

2,357

2,342

2,191

2,226

2,225

2,221

2,288

2,271

2,289

2,263

2,161

2,121

2,144

2,223

2,490

2,786

2,975

3,185

3,240

3,240

3,230

3,198

3,159

3,152

3,047

2,996

3,151

4,017

4,769

5,343

7,129

6,404

4,965

4,852

3,301

3,970

5,173

5,120

6,216

5,534

5,516

5,831

0

0

0

Other, net

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

0

-

-

0

0

-

-

0

0

-

-

0

0

-

-

0

0

-

-

0

0

-

-

0

0

-

-

0

0

-

-

0

0

-

Net cash provided by (used in) investing activities

-472

-303

-1,114

-1,359

-1,801

-2,038

-2,105

-2,121

-2,011

-2,408

-2,513

-2,477

-2,567

-2,272

-2,378

-2,053

-1,786

-1,913

-1,436

-1,221

-1,671

-1,727

-1,512

-1,827

-1,270

-1,384

-1,320

-1,238

-1,293

-833

-709

-569

-803

-1,022

-1,587

-1,762

-1,174

-1,265

-891

-876

-1,253

-1,569

-854

-603

-1,490

-978

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of long-term debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

Proceeds from credit line borrowing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

Proceeds from sale leaseback transactions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

381

554

554

346

173

0

0

0

Proceeds from revolving credit facility

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

Proceeds from Notes Payable

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Employee stock plans

41

40

37

37

36

35

35

33

31

29

27

26

25

29

39

42

44

46

43

57

74

110

162

151

139

96

36

29

28

27

7

6

21

20

68

74

47

55

30

24

28

20

16

97

110

117

0

0

0

Reimbursement for assets constructed for others

-

-

6

14

-

170

177

186

216

126

152

168

146

107

78

54

32

24

15

32

29

27

26

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from termination of interest rate derivative instrument

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

12

12

12

0

0

0

0

-

-

-

-

-

-

-

-

76

76

76

76

0

0

0

0

-

-

-

-

-

-

-

-

Payments of long-term debt and finance lease obligations

594

615

331

359

359

342

313

321

305

592

885

847

836

523

215

226

218

213

564

533

566

561

213

216

195

313

328

325

311

578

947

947

941

540

286

277

245

155

129

68

61

86

-79

-72

-71

-55

0

0

0

Repayments of Convertible Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

Payment of revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

Payment of credit line borrowing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

Payments of cash dividends

382

372

372

367

362

332

332

316

299

274

275

262

249

222

221

208

195

180

180

172

164

139

139

126

112

71

71

50

30

22

23

19

14

14

30

30

27

13

8

2

-1

13

1

1

1

-13

0

0

0

Repayment of construction obligation

-

-

8

16

-

30

26

20

15

10

9

9

9

9

8

9

10

10

11

11

10

11

11

10

8

5

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

1,951

2,000

1,950

1,950

2,000

2,000

1,850

1,650

1,550

1,600

1,550

1,500

1,800

1,750

1,450

1,700

1,380

1,180

1,380

1,080

940

955

794

744

755

540

576

476

450

400

375

500

275

225

175

0

0

-

0

0

-

-

-

-

-

-54

0

0

0

Excess tax benefits (obligations) from share-based compensation arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Other, net

-51

-43

-35

1

4

3

-8

-5

-2

15

24

15

4

-3

-26

-19

-26

-23

-11

-18

-15

-19

-5

-8

-9

-18

-31

-27

-24

-12

-7

-7

-4

-2

3

6

9

8

-4

-10

-10

-13

-7

-2

-8

-5

0

0

0

Net cash provided by (used in) financing activities

-437

-2,990

-2,653

-2,640

-2,673

-2,496

-1,717

-1,493

-1,324

-1,706

-2,069

-1,962

-2,272

-1,924

-1,303

-1,566

-1,253

-1,024

-1,776

-1,413

-1,280

-1,248

-974

-953

-940

-851

-934

-811

-749

-947

-1,345

-1,467

-1,294

-766

-334

-141

-50

-149

-109

102

146

330

1,418

1,296

1,852

1,654

0

0

0

NET CHANGE IN CASH AND CASH EQUIVALENTS

1,596

694

384

332

522

359

644

577

-29

-185

-506

-503

-537

97

226

268

363

301

-92

-110

284

-73

499

393

403

242

165

406

-220

284

152

-512

-481

-432

-135

485

929

147

249

163

-35

-254

0

0

0

-

-

0

0

CASH PAYMENTS FOR:
Interest, net of amount capitalized

87

88

96

103

104

107

90

88

72

81

84

95

100

100

96

102

100

105

112

114

126

128

129

133

126

133

140

140

147

153

174

183

198

185

198

183

135

135

110

108

150

152

129

137

111

100

0

0

0

Income taxes

780

779

602

471

327

327

593

784

990

992

611

646

835

902

1,367

1,512

1,402

1,440

986

709

266

155

343

335

344

346

150

28

101

100

106

104

14

13

173

278

274

274

106

1

4

5

5

62

66

71

0

0

0

SUPPLEMENTAL DISCLOSURE OF NONCASH TRANSACTIONS
Flight equipment acquired through the assumption of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets acquired under operating leases

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets acquired under finance leases

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Flight equipment under finance leases

-

-

1

19

-

32

84

143

208

233

236

159

177

307

315

363

321

193

161

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets constructed for others

78

65

118

136

152

171

196

189

187

197

158

169

186

196

231

227

209

192

155

136

118

88

74

62

90

105

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OtherSignificantNoncashTransactionValueOfConsiderationGiven1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

DebtConversionConvertedInstrumentAmount1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-