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Analysis includes horizontal and vertical changes for each line item for the 3 most current years. Consolidated Statement of Income (Loss) - USD ($) $
Analysis includes horizontal and vertical changes for each line item for the 3 most current years.
Consolidated Statement of Income (Loss) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
OPERATING REVENUES: | |||
Total operating revenues | $ 23,814 | $ 15,790 | $ 9,048 |
OPERATING EXPENSES, NET: | |||
Salaries, wages, and benefits | 9,376 | 7,743 | 6,811 |
Payroll support and voluntary Employee programs, net | 0 | (2,960) | (967) |
Fuel and oil | 5,975 | 3,310 | 1,849 |
Maintenance materials and repairs | 852 | 854 | 750 |
Landing fees and airport rentals | 1,508 | 1,456 | 1,240 |
Depreciation and amortization | 1,351 | 1,272 | 1,255 |
Other operating expenses | 3,735 | 2,394 | 1,926 |
Total operating expenses, net | 22,797 | 14,069 | 12,864 |
OPERATING INCOME (LOSS) | 1,017 | 1,721 | (3,816) |
OTHER EXPENSES (INCOME): | |||
Interest expense | 340 | 467 | 349 |
Capitalized interest | (39) | (36) | (35) |
Interest income | (217) | (13) | (32) |
Loss on extinguishment | 193 | 28 | 0 |
Other (gains) losses, net | (12) | 50 | (158) |
Total other expenses (income) | 289 | 396 | 440 |
INCOME (LOSS) BEFORE INCOME TAXES | 728 | 1,325 | (4,256) |
PROVISION (BENEFIT) FOR INCOME TAXES | 189 | 348 | (1,182) |
NET INCOME (LOSS) | $ 539 | $ 977 | $ (3,074) |
NET INCOME (LOSS) PER SHARE, BASIC (in USD per share) | $ 0.91 | $ 1.65 | $ (5.44) |
NET INCOME (LOSS) PER SHARE, DILUTED (in USD per share) | $ 0.87 | $ 1.61 | $ (5.44) |
Passenger | |||
OPERATING REVENUES: | |||
Total operating revenues | $ 21,408 | $ 14,066 | $ 7,665 |
Freight | |||
OPERATING REVENUES: | |||
Total operating revenues | 177 | 187 | 161 |
Other | |||
OPERATING REVENUES: | |||
Total operating revenues | $ 2,229 | $ 1,537 | $ 1,222 |
what is the Horizontal and Vertical analysis of the spreadsheet?
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