Provide relevant financial data that business leaders would use to understand the financial health of their organization. Also provided data that business leaders would be able to use to make sound business decisions. (Data is provided for Southwest Airlines...Income Statement, Balance Sheet, Cash Flow and Stockholders Equity).

A) Provide an analysis of the current financial health of Southwest Airlines. What is working and what is not. What areas could be improved.

SOUTHWEST AIRLINES CO. CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (in millions) (unaudited) Year ended December 31, Year ended December 31, Year ended December 31, 2016 20142015 CASH FLOWS FROM OPERATING ACTIVITIES: 2,181S Net income Adjustments to reconcie net income to cash provided by (used in) operating activities: 1.136 ,015 113 (109) 1,221 Loss on asset impairment Unrealized/realized (gain) loss on fiuel derivative instruments Deferred income taxes 501 Changes in certain assets and iabilities: Accounts and other receivables Other assets Accounts payable and accrued liabilities Air traffic liability 142 36 103 (119) 125 535 165 4,293 Cash collateral received from (provided to) derivative counterparties Other, net (233) Net cash provided by operating activities 2.902 CASH FLOWS FROM INVESTING ACTIVITIES: (1,748) Capital expenditures Assets constructed for others Purchases of short-term investments Proceeds from sales of short-term and other investments Other, net (2,041) (102) (1,986) (109) (3,080) 3,185 Net cash used in investing activities (1,727) (1,913) (2,272) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from issuance of long term debt Proceeds from Employee stock plans Reimbursement for assets constructed for others Proceeds from termination of interest rate derivative instruments Payments of long-term debt and capital lease obligations Payments of convertible debt Payments of cash dividends Repayment of construction obligation Repurchase of common stock Other, net 300 515 110 107 12 (561) (139) (955) (213) (523) (180) (10) (1,180) (222) (1,750) Net cash used in financing activities 024 ,924 NET CHANGE IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD 301 355 1,680