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What is the Revenue for 2017 and 2016? What is the Cost of Goods Sold for 2017 and 2016? What is the Gross Profit for
What is the Revenue for 2017 and 2016?
What is the Cost of Goods Sold for 2017 and 2016?
What is the Gross Profit for 2017 and 2016?
What is the Non-Recurring Events for 2017 and 2016?
What is the Tax for 2017 and 2016?
Southwest Airlines Co. Consolidated Statement of Income (in millions, except per share amounts) Year ended December 31, 2016 2017 $ 19,141 173 18,594 $ 171 OPERATING REVENUES: Passenger Freight Special revenue adjustment Other Total operating revenues 1,857 1,660 21,171 20,425 7,319 3,940 1,001 198 6,798 3,647 1,045 229 OPERATING EXPENSES: Salaries, wages, and benefits Fuel and oil Maintenance materials and repairs Aircraft rentals Landing fees and other rentals Depreciation and amortization Acquisition and integration Other operating expenses Total operating expenses 1,292 1,218 1,211 1,221 2,688 17,656 2,514 16,665 OPERATING INCOME 3,515 3,760 122 OTHER EXPENSES (INCOME): Interest expense Capitalized interest Interest income Other (gains) losses, net Total other expenses (income) 114 (49) (35) 234 (47) (24) 162 264 213 3,547 1,303 3,251 (237) 3,488 5.80 $ $ 2,244 INCOME BEFORE INCOME TAXES PROVISION FOR INCOME TAXES NET INCOME NET INCOME PER SHARE, BASIC NET INCOME PER SHARE, DILUTED Cash dividends declared per common share $ talla $ $ 3.58 $ A Il a $ 5.79 $ A Il 3.55 $ .4750 $ $ .3750 $ See accompanying notesStep by Step Solution
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