Southwest Airlines Co
NYSE:LUV

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Southwest Airlines Co Logo
Southwest Airlines Co
NYSE:LUV
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Price: 34.35 USD 1.45% Market Closed
Market Cap: 20.6B USD
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Southwest Airlines Co?
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Balance Sheet

Balance Sheet Decomposition
Southwest Airlines Co

Current Assets 11.9B
Cash & Short-Term Investments 9.4B
Receivables 1.2B
Other Current Assets 1.4B
Non-Current Assets 22.9B
PP&E 20.9B
Intangibles 970m
Other Non-Current Assets 1.1B
Current Liabilities 13.5B
Accounts Payable 1.5B
Accrued Liabilities 2.3B
Other Current Liabilities 9.7B
Non-Current Liabilities 10.9B
Long-Term Debt 5.1B
Other Non-Current Liabilities 5.9B

Balance Sheet
Southwest Airlines Co

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Balance Sheet
Currency: USD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
1 282
1 583
1 680
1 495
1 854
2 548
11 063
12 480
9 492
9 288
Cash Equivalents
1 282
1 583
1 680
1 495
1 854
2 548
11 063
12 480
9 492
9 288
Short-Term Investments
1 706
1 468
1 625
1 778
1 835
1 524
2 271
3 024
2 800
2 186
Total Receivables
365
474
546
662
568
1 086
1 130
1 357
1 040
1 154
Accounts Receivables
365
474
546
662
568
1 086
320
490
595
605
Other Receivables
0
0
0
0
0
0
810
867
445
549
Inventory
342
311
337
420
461
529
414
537
790
807
Other Current Assets
232
188
310
460
310
287
295
638
686
520
Total Current Assets
3 927
4 024
4 498
4 815
5 028
5 974
15 173
18 036
14 808
13 955
PP&E Net
14 292
15 601
17 044
18 539
19 525
18 374
17 723
16 432
18 736
20 598
PP&E Gross
14 292
15 601
17 044
18 539
19 525
18 374
17 723
16 432
18 736
20 598
Accumulated Depreciation
8 221
9 084
9 420
9 690
9 731
10 688
11 743
12 732
13 642
14 443
Intangible Assets
363
464
426
413
400
296
295
295
296
296
Goodwill
970
970
970
970
970
970
970
970
970
970
Note Receivable
35
40
90
76
61
0
0
0
0
0
Other Long-Term Assets
136
213
258
297
259
281
427
587
559
668
Other Assets
970
970
970
970
970
970
970
970
970
970
Total Assets
19 723
N/A
21 312
+8%
23 286
+9%
25 110
+8%
26 243
+5%
25 895
-1%
34 588
+34%
36 320
+5%
35 369
-3%
36 487
+3%
Liabilities
Accounts Payable
522
394
259
347
454
595
272
368
841
843
Accrued Liabilities
1 551
2 121
2 027
1 901
1 965
2 333
2 717
2 104
2 679
4 180
Short-Term Debt
0
0
0
0
0
0
0
0
0
0
Current Portion of Long-Term Debt
258
637
566
348
606
819
220
453
42
29
Other Current Liabilities
3 592
4 254
3 992
4 267
4 880
5 205
4 297
6 239
6 816
7 204
Total Current Liabilities
5 923
7 406
6 844
6 863
7 905
8 952
7 506
9 164
10 378
12 256
Long-Term Debt
2 627
2 706
2 946
3 405
2 819
1 846
10 111
10 274
8 046
7 978
Deferred Income Tax
2 782
2 490
3 374
2 119
2 427
2 364
1 634
1 770
1 985
2 044
Other Liabilities
1 616
1 352
1 681
3 082
3 239
2 901
6 461
4 698
4 273
3 694
Total Liabilities
12 948
N/A
13 954
+8%
14 845
+6%
15 469
+4%
16 390
+6%
16 063
-2%
25 712
+60%
25 906
+1%
24 682
-5%
25 972
+5%
Equity
Common Stock
808
808
808
808
808
808
888
888
888
888
Retained Earnings
7 416
9 409
11 418
13 832
15 967
17 945
14 777
15 774
16 261
16 297
Additional Paid In Capital
1 315
1 374
1 410
1 451
1 510
1 581
4 191
4 224
4 037
4 153
Treasury Stock
2 026
3 182
4 872
6 462
8 452
10 441
10 875
10 860
10 843
10 823
Other Equity
738
1 051
323
12
20
61
105
388
344
0
Total Equity
6 775
N/A
7 358
+9%
8 441
+15%
9 641
+14%
9 853
+2%
9 832
0%
8 876
-10%
10 414
+17%
10 687
+3%
10 515
-2%
Total Liabilities & Equity
19 723
N/A
21 312
+8%
23 286
+9%
25 110
+8%
26 243
+5%
25 895
-1%
34 588
+34%
36 320
+5%
35 369
-3%
36 487
+3%
Shares Outstanding
Common Shares Outstanding
676
676
648
589
553
519
590
592
594
597

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