Obtain the quarterly financial report (10-Q) of Delta Airlines for the period ended June 30, 2020. You can access this report through the SEC’s EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system. You can also access this report at the company’s website (https://ir.delta.com/financials).

Required:
Find the section “Balance Sheet, Cash Flow and Liquidity” in Management’s Discussion and Analysis of Financial Condition and Results of Operations (page 29). The company initiated a series of actions to improve its liquidity and strengthen its financial position because of the impact of COVID-19. Answer the following questions:
1. How much does the company plan to reduce capital expenditures for the year?
2. How much did the company receive from the CARES Act?
3. How much did the company draw from previously undrawn revolving credit facilities?
4. Did the company suspend share repurchases and dividends?
5. How much did the company postpone planned voluntary pension funding?