| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,902 | 3,475 | 8,134 | 8,503 |
| Short-term investments | 116 | 364 | 118 | 879 |
| Accounts and other receivables | 1,118 | 1,013 | 1,078 | 1,177 |
| Inventories of parts and supplies, at cost | 792 | 773 | 786 | 770 |
| Prepaid expenses and other current assets | 467 | 467 | 618 | 601 |
| Total current assets | 5,395 | 6,092 | 10,734 | 11,930 |
| Flight equipment | 26,009 | 25,858 | 25,345 | 26,394 |
| Ground property and equipment | 8,776 | 8,656 | 8,474 | 7,955 |
| Deposits on flight equipment purchase contracts | 402 | 221 | 344 | 428 |
| Assets constructed for others | 88 | 88 | 88 | 87 |
| Property and equipment, at cost | 35,275 | 34,823 | 34,251 | 34,864 |
| Less allowance for depreciation and amortization | 15,570 | 15,422 | 15,094 | 15,091 |
| Property and equipment, net | 19,705 | 19,401 | 19,157 | 19,773 |
| Goodwill | 970 | 970 | 970 | 970 |
| Operating lease right-of-use assets | 1,169 | 1,243 | 1,303 | 1,101 |
| Other assets | 1,073 | 1,006 | 1,048 | 1,073 |
| Total assets | 28,312 | 28,712 | 33,212 | 34,847 |
| Accounts payable | 1,708 | 1,811 | 1,925 | 1,518 |
| Accrued liabilities | 2,091 | 2,040 | 1,978 | 2,096 |
| Current operating lease liabilities | 310 | 323 | 331 | 202 |
| Air traffic liability | 6,862 | 6,696 | 7,059 | 6,743 |
| Current maturities of long-term debt | 23 | 22 | 2,608 | 2,930 |
| Total current liabilities | 10,994 | 10,892 | 13,901 | 13,489 |
| Long-term debt less current maturities | 4,079 | 4,081 | 4,086 | 5,075 |
| Air traffic liability - noncurrent | 1,263 | 1,600 | 1,843 | 1,957 |
| Deferred income taxes | 2,210 | 2,186 | 2,124 | 2,094 |
| Noncurrent operating lease liabilities | 846 | 915 | 970 | 888 |
| Other noncurrent liabilities | 1,144 | 1,038 | 923 | 933 |
| Common stock | 888 | 888 | 888 | 888 |
| Capital in excess of par value | 4,283 | 4,247 | 4,210 | 4,180 |
| Retained earnings | 16,158 | 16,199 | 16,080 | 16,178 |
| Accumulated other comprehensive loss | -6 | -35 | -24 | -37 |
| Treasury stock, at cost | 13,547 | 13,299 | 11,789 | 10,798 |
| Total stockholders' equity | 7,776 | 8,000 | 9,365 | 10,411 |
| Total liabilities and stockholders' equity | 28,312 | 28,712 | 33,212 | 34,847 |
SOUTHWEST AIRLINES CO (LUV)
SOUTHWEST AIRLINES CO (LUV)