SOUTHWEST AIRLINES CO.: 10-Q filed 2009-07-23
What SOUTHWEST AIRLINES CO. reported in its quarterly report filed 2009-07-23 (fiscal Q2 2009): 30 published measures, 101 facts as tagged in accession 0000092380-09-000027.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2009-07-23
- Fiscal period
- fiscal Q2 2009
- Accession
- 0000092380-09-000027 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All SOUTHWEST AIRLINES CO. filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-06-30 | 14,027,000,000 | USD | |
| At 2008-12-31 | 14,068,000,000 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-06-30 | 5,146,000,000 | USD | |
| At 2008-12-31 | 4,953,000,000 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-06-30 | 946,000,000 | USD | |
| At 2009-03-31 | 1,145,000,000 | USD | |
| At 2009-01-01 | 1,368,000,000 | USD | |
| At 2008-12-31 | 1,368,000,000 | USD | |
| At 2008-06-30 | 4,653,000,000 | USD | |
| At 2008-03-31 | 2,982,000,000 | USD | |
| At 2008-01-01 | 2,213,000,000 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 54,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | -37,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | 321,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | 355,000,000 | USD | 182 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 135,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | 420,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | 2,336,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | 3,300,000,000 | USD | 182 |
Capital expenditure payments
Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | -187,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | -272,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | -223,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | -587,000,000 | USD | 182 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 2,616,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | 4,972,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | 2,869,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | 5,399,000,000 | USD | 182 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 43,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | 172,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | 599,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | 529,000,000 | USD | 182 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | -377,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | -1,014,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | -1,264,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | -1,389,000,000 | USD | 182 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-06-30 | 4,863,000,000 | USD | |
| At 2008-12-31 | 4,919,000,000 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 741 | shares | 91 |
| 2009-01-01 to 2009-06-30 | 741 | shares | 181 |
| 2008-04-01 to 2008-06-30 | 732 | shares | 91 |
| 2008-01-01 to 2008-06-30 | 733 | shares | 182 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 741 | shares | 91 |
| 2009-01-01 to 2009-06-30 | 741 | shares | 181 |
| 2008-04-01 to 2008-06-30 | 737 | shares | 91 |
| 2008-01-01 to 2008-06-30 | 736 | shares | 182 |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 0.07 | USD/shares | 91 |
| 2009-01-01 to 2009-06-30 | -0.05 | USD/shares | 181 |
| 2008-04-01 to 2008-06-30 | 0.44 | USD/shares | 91 |
| 2008-01-01 to 2008-06-30 | 0.48 | USD/shares | 182 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 0.07 | USD/shares | 91 |
| 2009-01-01 to 2009-06-30 | -0.05 | USD/shares | 181 |
| 2008-04-01 to 2008-06-30 | 0.44 | USD/shares | 91 |
| 2008-01-01 to 2008-06-30 | 0.48 | USD/shares | 182 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | -4,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | -20,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | 208,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | 211,000,000 | USD | 182 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-06-30 | 10,661,000,000 | USD | |
| At 2008-12-31 | 11,040,000,000 | USD |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 3,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | 6,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | 5,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | 9,000,000 | USD | 182 |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 123,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | 73,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | 205,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | 293,000,000 | USD | 182 |
Current assets
Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-06-30 | 3,094,000,000 | USD | |
| At 2008-12-31 | 2,653,000,000 | USD |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-06-30 | 3,073,000,000 | USD | |
| At 2008-12-31 | 2,806,000,000 | USD |
Common-stock repurchase payments
Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 0 | USD | 91 |
| 2009-01-01 to 2009-06-30 | 0 | USD | 181 |
| 2008-04-01 to 2008-06-30 | 0 | USD | 91 |
| 2008-01-01 to 2008-06-30 | -54,000,000 | USD | 182 |
Operating expenses
Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 2,493,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | 4,899,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | 2,664,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | 5,106,000,000 | USD | 182 |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-06-30 | -762,000,000 | USD | |
| At 2008-12-31 | -984,000,000 | USD |
Gross property, plant and equipment
Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-06-30 | 15,743,000,000 | USD | |
| At 2008-12-31 | 15,871,000,000 | USD |
Accumulated depreciation on property, plant and equipment
Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-06-30 | 5,082,000,000 | USD | |
| At 2008-12-31 | 4,831,000,000 | USD |
Other noncurrent assets
Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-06-30 | 272,000,000 | USD | |
| At 2008-12-31 | 375,000,000 | USD |
Other noncurrent liabilities
Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2009-06-30 | 481,000,000 | USD | |
| At 2008-12-31 | 802,000,000 | USD |
Other nonoperating income or expense
Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 34,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | 57,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | -345,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | -307,000,000 | USD | 182 |
Deferred income tax expense or benefit
The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | -4,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | -25,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | 135,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | 129,000,000 | USD | 182 |
Interest paid, net
Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-04-01 to 2009-06-30 | 42,000,000 | USD | 91 |
| 2009-01-01 to 2009-06-30 | 78,000,000 | USD | 181 |
| 2008-04-01 to 2008-06-30 | 16,000,000 | USD | 91 |
| 2008-01-01 to 2008-06-30 | 41,000,000 | USD | 182 |
Inspect the source
- Entity
- SOUTHWEST AIRLINES CO. / CIK 0000092380
- Captured
- 2026-09-19T14:52:43.126Z
- SEC response SHA-256
7c2768fa2d6bfc2aee4a9f17ac6e0814434a45623283a8a8da8218ddc6cf678b
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