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Balance Sheets Overview

Current Ratio
48.85%
Quick Ratio
48.85%
Cash Ratio
28.57%
Unit: Million (M) dollars
Assets Breakdown
    • Flight equipment
    • Less allowance for depreciation ...
    • Ground property and equipment
    • Others
Liabilities Breakdown
    • Retained earnings
    • Treasury stock, at cost
    • Air traffic liability
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
3,791
3,328
3,231
2,902
Short-term investments
-
-
0
116
Accounts and other receivables
1,218
1,254
1,149
1,118
Inventories of parts and supplies, at cost
917
833
775
792
Prepaid expenses and other current assets
556
554
490
467
Total current assets
6,482
5,969
5,645
5,395
Flight equipment
26,198
26,254
26,293
26,009
Ground property and equipment
9,485
9,317
9,163
8,776
Deposits on flight equipment purchase contracts
616
494
401
402
Assets constructed for others
88
88
88
88
Property and equipment, at cost
36,387
36,153
35,945
35,275
Less allowance for depreciation and amortization
15,745
15,777
15,700
15,570
Property and equipment, net
20,642
20,376
20,245
19,705
Goodwill
970
970
970
970
Operating lease right-of-use assets
953
1,019
1,089
1,169
Other assets
1,075
1,021
1,112
1,073
Total assets
30,122
29,355
29,061
28,312
Accounts payable
2,072
2,114
1,991
1,708
Accrued liabilities
2,247
2,170
2,349
2,091
Current operating lease liabilities
283
300
312
310
Air traffic liability
6,510
7,049
5,945
6,862
Current maturities of long-term debt
2,156
851
324
23
Total current liabilities
13,268
12,484
10,921
10,994
Long-term debt less current maturities
3,790
4,536
4,577
4,079
Air traffic liability - noncurrent
1,674
1,201
1,219
1,263
Deferred income taxes
2,421
2,353
2,289
2,210
Noncurrent operating lease liabilities
660
709
768
846
Other noncurrent liabilities
1,227
1,197
1,306
1,144
Common stock
888
888
888
888
Capital in excess of par value
4,294
4,260
4,322
4,283
Retained earnings
16,672
16,526
16,388
16,158
Accumulated other comprehensive income (loss)
22
-1
-24
-6
Treasury stock, at cost
14,794
14,798
13,593
13,547
Total stockholders' equity
7,082
6,875
7,981
7,776
Total liabilities and stockholders' equity
30,122
29,355
29,061
28,312
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Flight equipment$26,198M (1.31%↑ Y/Y)Ground property andequipment$9,485M (9.58%↑ Y/Y)Deposits on flightequipment purchase...$616M (178.73%↑ Y/Y)Assets constructed forothers$88M (0.00%↑ Y/Y)Property and equipment,at cost$36,387M (4.49%↑ Y/Y)Cash and cashequivalents$3,791M (9.09%↑ Y/Y)Accounts and otherreceivables$1,218M (20.24%↑ Y/Y)Inventories of parts andsupplies, at cost$917M (18.63%↑ Y/Y)Prepaid expenses andother current assets$556M (19.06%↑ Y/Y)Property and equipment,net$20,642M (6.40%↑ Y/Y)Total current assets$6,482M (6.40%↑ Y/Y)Other assets$1,075M (6.86%↑ Y/Y)Goodwill$970M (0.00%↑ Y/Y)Operating leaseright-of-use assets$953M (-23.33%↓ Y/Y)Less allowance fordepreciation and...$15,745M (2.09%↑ Y/Y)Total assets$30,122M (4.91%↑ Y/Y)Total liabilities andstockholders' equity$30,122M (4.91%↑ Y/Y)Total currentliabilities$13,268M (21.81%↑ Y/Y)Total stockholders'equity$7,082M (-11.47%↓ Y/Y)Long-term debt lesscurrent maturities$3,790M (-7.13%↓ Y/Y)Deferred income taxes$2,421M (10.75%↑ Y/Y)Air trafficliability - noncurrent$1,674M (4.63%↑ Y/Y)Other noncurrentliabilities$1,227M (18.21%↑ Y/Y)Noncurrent operating leaseliabilities$660M (-27.87%↓ Y/Y)Treasury stock, at cost$14,794M (11.24%↑ Y/Y)Air trafficliability$6,510M (-2.78%↓ Y/Y)Accrued liabilities$2,247M (10.15%↑ Y/Y)Current maturities oflong-term debt$2,156M (9700.00%↑ Y/Y)Accounts payable$2,072M (14.41%↑ Y/Y)Current operating leaseliabilities$283M (-12.38%↓ Y/Y)Retained earnings$16,672M (2.92%↑ Y/Y)Capital in excess of parvalue$4,294M (1.11%↑ Y/Y)Common stock$888M (0.00%↑ Y/Y)Accumulated othercomprehensive income (loss)$22M (162.86%↑ Y/Y)
Southwest_Airlines_logo_2014-svg

SOUTHWEST AIRLINES CO (LUV)

Southwest_Airlines_logo_2014-svg

SOUTHWEST AIRLINES CO (LUV)