United Airlines Holdings, Inc. UAL Income Statement

United airlines holdings, inc. (UAL)

Income statement / TTM

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	Sep'09	Jun'09
Operating revenue:
Passenger-Regional
-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,126	6,246	6,383	6,452	6,611	6,805	6,923	6,977	7,041	7,034	7,040	7,125	6,973	6,861	6,846	6,779	6,779	6,770	6,680	6,536	6,372	5,611	4,839	4,217	3,605	3,343	0	0	0
Special revenue item
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Operating revenue
41,649	43,259	42,862	42,485	41,860	41,303	40,263	39,159	38,390	37,784	37,387	37,401	36,789	36,558	36,540	36,933	37,451	37,864	38,141	38,398	38,813	38,901	38,917	38,582	38,254	38,279	37,652	37,333	37,271	37,152	37,378	37,640	37,510	37,110	36,688	31,934	27,286	23,325	19,252	17,853	0	0	0
Operating expense:
Salaries and related costs
12,153	12,071	11,917	11,784	11,605	11,458	11,212	11,067	11,031	10,941	10,732	10,572	10,322	10,176	10,131	10,040	9,902	9,713	9,540	9,350	9,083	8,935	8,798	8,663	8,651	8,625	8,497	8,326	8,175	7,945	7,869	7,851	7,743	7,652	7,564	6,673	5,818	5,002	4,134	3,968	0	0	0
Aircraft fuel
8,656	8,953	9,084	9,360	9,365	9,307	8,802	8,039	7,318	6,913	6,593	6,387	6,155	5,813	5,876	6,207	6,876	7,522	8,434	9,627	10,622	11,675	12,110	12,245	12,212	12,345	12,475	12,619	12,959	13,138	13,148	13,113	12,932	12,375	11,730	9,893	8,152	6,687	5,291	4,422	0	0	0
Regional capacity purchase
2,898	2,849	2,774	2,729	2,707	2,649	2,615	2,506	2,362	2,268	2,204	2,209	2,211	2,197	2,210	2,210	2,242	2,290	2,322	2,347	2,355	2,344	2,329	2,353	2,390	2,419	2,420	2,427	2,442	2,470	2,483	2,474	2,446	2,403	2,409	2,207	1,997	1,812	1,985	2,276	0	0	0
Landing fees and other rent
2,578	2,543	2,520	2,493	2,458	2,449	2,462	2,429	2,345	2,310	2,223	2,184	2,184	2,165	2,168	2,173	2,185	2,203	2,215	2,231	2,245	2,274	2,252	2,225	2,165	2,090	1,997	1,961	1,957	1,929	1,953	1,925	1,924	1,928	1,962	1,754	1,523	1,307	1,022	983	0	0	0
Depreciation and amortization
2,356	2,288	2,240	2,210	2,188	2,165	2,093	2,104	2,102	2,096	2,114	2,061	2,016	1,977	1,949	1,915	1,869	1,819	1,774	1,727	1,699	1,679	1,669	1,682	1,690	1,689	1,653	1,597	1,550	1,522	1,527	1,532	1,539	1,547	1,560	1,408	1,246	1,079	896	886	0	0	0
Purchased services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Aircraft maintenance materials and outside repairs
1,820	1,794	1,753	1,718	1,735	1,767	1,812	1,808	1,842	1,856	1,825	1,825	1,801	1,749	1,700	1,673	1,656	1,651	1,667	1,678	1,718	1,779	1,795	1,832	1,841	1,821	1,842	1,839	1,791	1,760	1,722	1,700	1,712	1,744	1,716	1,531	1,332	1,115	982	960	0	0	0
Distribution expenses
1,586	1,651	1,630	1,625	1,576	1,558	1,516	1,466	1,458	1,435	1,489	1,457	1,411	1,395	1,303	1,324	1,333	1,342	1,360	1,369	1,367	1,373	1,377	1,379	1,380	1,390	1,366	1,345	1,343	1,352	1,371	1,392	1,422	1,435	1,440	1,267	1,090	912	719	654	0	0	0
Aircraft rent
257	288	299	341	387	433	500	536	569	621	635	658	681	680	695	712	731	754	795	832	860	883	898	907	920	936	952	966	982	993	996	1,006	1,007	1,009	1,016	843	672	500	332	339	0	0	0
Restructuring, Settlement and Impairment Provisions
291	246	417	407	465	487	217	250	165	176	221	216	606	745	800	831	452	326	374	341	455	443	429	597	480	520	794	1,097	1,251	1,323	1,133	739	679	592	825	768	728	669	230	255	0	0	0
Cost of third party sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other operating expenses
6,220	6,275	6,153	6,029	5,912	5,801	5,717	5,686	5,638	5,550	5,445	5,440	5,387	5,317	5,294	5,159	5,131	5,078	4,950	4,894	4,946	5,143	5,277	5,399	5,361	5,195	5,107	4,915	4,775	4,681	4,627	4,624	4,589	4,603	4,771	4,289	3,794	3,266	2,177	1,714	0	0	0
Total operating expenses
38,815	38,958	38,787	38,696	38,398	38,074	36,946	35,891	34,830	34,166	33,481	33,009	32,774	32,214	32,126	32,244	32,377	32,698	33,431	34,396	35,350	36,528	36,934	37,282	37,090	37,030	37,103	37,092	37,225	37,113	36,829	36,356	35,993	35,288	34,993	30,633	26,352	22,349	18,106	17,141	0	0	0
Operating income (loss)
2,834	4,301	4,075	3,789	3,462	3,229	3,317	3,268	3,560	3,618	3,906	4,392	4,015	4,344	4,414	4,689	5,074	5,166	4,710	4,002	3,463	2,373	1,983	1,300	1,164	1,249	549	241	46	39	549	1,284	1,517	1,822	1,695	1,301	934	976	1,146	712	0	0	0
Nonoperating income (expense):
Interest expense
714	731	743	724	696	670	625	622	626	626	706	687	677	674	631	645	655	669	680	702	721	735	752	761	769	783	794	801	820	835	849	874	911	949	989	939	867	798	686	644	0	0	0
Interest capitalized
84	85	84	78	69	65	56	60	69	74	88	88	81	72	59	52	51	49	50	50	50	52	54	53	52	49	46	43	40	37	46	47	46	32	34	22	11	15	-10	-10	0	0	0
Interest income
130	133	134	126	113	101	86	75	63	57	52	49	45	42	40	31	28	25	21	24	22	22	22	19	21	21	23	22	23	23	21	23	21	20	22	21	18	15	11	11	0	0	0
Unrealized gains (losses) on investments, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Miscellaneous, net
-718	-27	61	51	-127	-72	-136	-148	-11	-100	-82	-67	-35	-11	-42	-191	-296	-352	-764	-723	-569	-584	-90	68	-109	3	-29	-77	8	12	7	-61	-52	-80	-92	-12	20	45	33	52	0	0	0
Total nonoperating expense, net
-1,401	-387	-452	-457	-629	-581	-619	-635	-505	-595	-648	-617	-586	-571	-574	-753	-872	-947	-1,373	-1,351	-1,218	-1,245	-766	-621	-805	-710	-754	-813	-749	-763	-787	-877	-908	-977	-1,027	-906	-810	-723	-632	-571	0	0	0
Income (loss) before income taxes
1,433	3,914	3,623	3,332	2,833	2,648	2,698	2,633	3,055	3,023	3,258	3,775	3,429	3,773	3,840	3,936	4,202	4,219	3,337	2,651	2,245	1,128	1,217	679	359	539	-205	-572	-703	-724	-238	407	609	845	668	395	124	253	514	141	0	0	0
Income tax expense (benefit)
420	905	794	694	564	526	459	582	866	880	1,325	1,522	1,409	1,539	1,151	-2,604	-2,943	-3,121	-3,208	-2	-4	-4	-27	-20	-20	-32	-16	-10	-11	-1	3	1	4	5	0	0	0	-	-5	-18	0	0	0
Loss before equity in earnings of affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Equity in earnings of affiliates, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net income (loss)
1,017	3,009	2,829	2,638	2,269	2,122	2,239	2,051	2,189	2,143	1,933	2,253	2,020	2,234	2,689	6,540	7,145	7,340	6,545	2,653	2,249	1,132	1,244	699	379	571	-189	-562	-692	-723	-241	406	605	840	653	387	122	253	521	162	0	0	0
Earnings per share, basic (in dollars per share)
-	-	4.01	4.03	-	-	3.06	2.48	-	-	2.15	2.67	-	1.09	3.02	1.78	0.88	2.22	12.83	3.14	1.33	0.09	2.50	2.12	-1.66	0.47	1.06	1.37	-1.26	-	0.02	1.02	-	-	1.97	1.63	-	-	2.30	1.62	-	-0.39	0.19
Earnings per share, diluted (in dollars per share)
-	-	3.99	4.02	-	-	3.05	2.48	-	-	2.15	2.67	-	1.09	3.01	1.78	0.88	2.19	12.82	3.14	1.32	0.21	2.37	2.01	-1.66	0.60	0.98	1.21	-1.26	-	0.02	0.89	-	-	1.69	1.39	-	-	1.75	1.29	-	-0.39	0.19
Earnings (loss) per share, basic and diluted (in dollars per share)
-6.86	-	-	-	1.09	-	-	-	0.51	-	-	-	0.32	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1.36	-	-	-	-	-	-	-	-0.49	-	-
Passenger revenue
Operating revenue
37,965	39,625	39,249	38,888	38,282	37,706	36,736	35,685	34,956	34,460	35,606	35,140	34,092	33,429	31,425	31,782	32,355	32,785	33,139	33,493	33,798	33,762	33,656	33,260	32,947	33,122	32,678	32,534	32,634	32,583	32,865	33,100	32,902	32,511	32,026	27,772	23,696	20,236	0	0	0	-	-
Cargo
Operating revenue
1,157	1,179	1,197	1,211	1,230	1,237	1,227	1,210	1,169	1,114	1,098	1,043	978	934	857	868	889	937	966	968	971	938	898	860	864	882	905	952	981	1,018	1,060	1,097	1,148	1,167	1,192	1,084	958	832	647	593	0	0	0
Product and Service, Other [Member]
Operating revenue
2,527	2,455	2,416	2,386	2,348	2,360	2,300	2,264	2,265	2,210	683	1,218	1,719	2,195	4,258	4,283	4,207	4,142	4,036	3,937	4,044	4,201	4,363	4,462	4,443	4,275	4,069	3,847	3,656	3,551	3,453	3,443	3,353	3,325	3,363	2,971	2,632	2,257	1,588	1,308	0	0	0
United Airlines, Inc.
Operating revenue
41,649	43,259	42,862	42,485	41,860	41,303	41,893	40,789	39,163	37,784	44,142	41,260	38,634	36,558	25,299	25,536	25,972	26,333	26,528	26,688	26,875	26,785	26,615	26,226	25,907	25,997	25,705	25,673	25,788	25,804	26,086	26,330	26,222	25,975	25,654	22,161	18,857	16,019	13,412	12,609	0	0	0
Cargo
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating revenue
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating revenue
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Salaries and related costs
12,153	12,071	11,917	11,784	11,605	11,458	11,212	11,067	11,031	10,941	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Aircraft fuel
8,656	8,953	9,084	9,360	9,365	9,307	8,802	8,039	7,318	6,913	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Regional capacity purchase
2,898	2,849	2,774	2,729	2,707	2,649	2,615	2,506	2,362	2,268	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Landing fees and other rent
2,578	2,543	2,520	2,493	2,458	2,449	2,462	2,429	2,345	2,310	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
2,356	2,288	2,240	2,210	2,188	2,165	2,093	2,104	2,102	2,096	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Aircraft maintenance materials and outside repairs
1,820	1,794	1,753	1,718	1,735	1,767	1,812	1,808	1,842	1,856	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution expenses
1,586	1,651	1,630	1,625	1,576	1,558	1,516	1,466	1,458	1,435	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Aircraft rent
257	288	299	341	387	433	500	536	569	621	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring, Settlement and Impairment Provisions
291	246	417	407	465	487	217	250	165	176	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expenses
6,219	6,273	6,150	6,027	5,909	5,799	5,716	5,684	5,636	5,548	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
38,814	38,956	38,784	38,694	38,395	38,072	36,945	35,889	34,828	34,164	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income (loss)
2,835	4,303	4,078	3,791	3,465	3,231	3,318	3,270	3,562	3,620	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
714	731	743	724	696	670	625	622	626	626	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest capitalized
84	85	84	78	69	65	56	60	69	74	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
130	133	134	126	113	101	86	75	63	57	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gains (losses) on investments, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Miscellaneous, net
-717	-27	61	51	-127	-72	-136	-148	-12	-100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total nonoperating expense, net
-1,400	-387	-452	-457	-629	-581	-619	-635	-506	-595	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before income taxes
1,435	3,916	3,626	3,334	2,836	2,650	2,699	2,635	3,056	3,025	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense (benefit)
421	905	796	694	565	527	442	566	850	864	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
1,014	3,011	2,830	2,640	2,271	2,123	2,257	2,069	2,206	2,161	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-