Name: LUV Balance Sheet - Southwest Airlines Assets & Debt | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Total Assets, Current Assets, Cash and Equivalents, Total Liabilities, Long-term Debt, Short-term Debt, Shareholders Equity, Working Capital, Book Value Per Share

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LUV - Southwest Airlines Co.

USD | NYSE | Industrials

LUV Balance Sheet - Southwest Airlines Assets & Debt | Ledgeburg

(in millions of USD)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Cash And Short Term Investments
Cash And Equivalents	3,328.0	3,231.0	2,902.0	3,475.0	8,134.0	7,509.0	8,503.0	8,142.0	8,367.0	9,288.0	9,497.0	9,158.0	8,359.0	9,492.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD)	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Cash And Short Term Investments
Cash And Equivalents	3,231.0	7,509.0	9,288.0	9,492.0	12,480.0	11,063.0	2,548.0	1,854.0	1,495.0	1,680.0	1,583.0	1,282.0	1,355.0	1,113.0	829.0	1,261.0	1,114.0
Restricted Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Term Investments	0.0	1,216.0	2,186.0	2,800.0	3,024.0	2,271.0	1,524.0	1,835.0	1,778.0	1,625.0	1,468.0	1,706.0	1,797.0	1,857.0	2,315.0	2,277.0	1,479.0
Cash And Short Term Investments	3,231.0	8,725.0	11,474.0	12,292.0	15,504.0	13,334.0	4,072.0	3,689.0	3,273.0	3,305.0	3,051.0	2,988.0	3,152.0	2,970.0	3,144.0
Receivables
Accounts Receivable	98.0	47.0	-	-	-	-	-	-	-	-	-	-	-	-	299.0
Current Assets
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-Current Assets
Property, Plant & Equipment Gross	35,945.0	33,947.0	-	-	-	27,574.0	27,713.0	29,256.0	28,229.0	26,464.0	24,685.0	22,513.0	20,820.0	19,497.0
Current Liabilities
Accounts Payable	1,991.0	1,818.0	1,862.0	2,004.0	1,282.0	931.0	1,574.0	1,416.0	1,320.0	1,178.0	1,188.0	1,203.0	1,247.0	1,107.0	1,057.0
Non-Current Liabilities
Long Term Debt	4,929.0	6,697.0	8,012.0	8,097.0	-	-	-	-	-	-	-	-	-	2,883.0	3,107.0	2,875.0
Common Equity
Common Stock	888.0	888.0	888.0	888.0	888.0	888.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0
Supplementary Data
Total Debt	4,929.0	6,697.0	8,012.0	8,097.0	-	-	-	-	-	-	-	-	-	3,154.0	3,751.0	3,380.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Current Assets
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid Expenses	554.0	490.0	467.0	467.0	618.0	639.0	601.0	619.0	603.0	520.0	632.0	535.0	614.0	686.0	653.0	825.0	767.0
Other Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets Held For Sale	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Assets	5,969.0	5,645.0	5,395.0	6,092.0	10,734.0	11,274.0	11,930.0	12,751.0	13,281.0	13,955.0	14,631.0	14,661.0	14,274.0	14,808.0	16,418.0	19,396.0

Non-Current Assets
Property, Plant & Equipment Gross	36,153.0	35,945.0	35,275.0	34,823.0	34,251.0	33,947.0	34,864.0	34,521.0	34,097.0	33,818.0	33,464.0	32,755.0	31,902.0	30,984.0	29,838.0	28,810.0	27,882.0	27,574.0	27,552.0	27,441.0	27,381.0	27,574.0	27,499.0	27,411.0	27,901.0	27,713.0	28,287.0	27,897.0	27,648.0	29,256.0	28,716.0	28,232.0	28,169.0	28,229.0	27,801.0	27,202.0	26,783.0	26,464.0	25,841.0	25,658.0
Accumulated Depreciation	15,777.0	15,700.0	15,570.0	15,422.0	15,094.0	14,891.0	15,091.0	14,856.0	14,536.0	14,443.0	14,389.0	14,159.0	13,878.0	13,642.0	13,501.0	13,216.0
Property,Plant & Equipment Net	20,376.0	20,245.0	19,705.0	19,401.0	19,157.0	19,056.0	19,773.0	19,665.0	19,561.0	19,375.0	19,075.0	18,596.0	18,024.0	17,342.0	16,337.0	15,594.0
Long Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity Method Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill	970.0	970.0	970.0	970.0	970.0	970.0	970.0	970.0	970.0	970.0	970.0	970.0	970.0	970.0	970.0	970.0	970.0	970.0
Intangible Assets	296.0	296.0	295.0	295.0	299.0	300.0	300.0	300.0	295.0	296.0	296.0	296.0	295.0	296.0	295.0	295.0	295.0
Operating Lease Right Of Use Assets	1,019.0	1,089.0	1,169.0	1,243.0	1,303.0	1,369.0	1,101.0	1,132.0	1,182.0	1,223.0	1,288.0	1,335.0	1,380.0	1,394.0	1,449.0	1,495.0
Deferred Tax Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Assets	1,021.0	1,112.0	1,073.0	1,006.0	1,048.0	1,081.0	1,073.0	1,045.0	1,024.0	964.0	1,016.0	957.0	898.0	855.0	772.0	847.0	978.0
Total Non-Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	29,355.0	29,061.0	28,312.0	28,712.0	33,212.0	33,750.0	34,847.0	35,563.0	36,018.0	36,487.0	36,980.0	36,519.0	35,546.0	35,369.0	35,946.0	38,302.0

Current Liabilities
Accounts Payable	2,114.0	1,991.0	1,708.0	1,811.0	1,925.0	1,818.0	1,518.0	2,028.0	1,949.0	1,862.0	1,736.0	1,882.0	1,729.0	2,004.0	1,553.0	1,908.0	1,648.0	1,282.0	1,229.0	1,378.0	1,094.0	931.0	980.0	970.0	1,043.0	1,574.0	1,274.0	1,330.0	1,412.0	1,416.0	1,224.0	1,338.0	1,243.0	1,320.0	1,124.0	1,217.0	1,214.0	1,178.0	1,021.0	1,247.0
Short Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Revenue Current	7,049.0	5,945.0	6,862.0	6,696.0	7,059.0	6,294.0	6,743.0	7,086.0	7,642.0	6,551.0	7,246.0	7,121.0	7,217.0	6,064.0	6,368.0	6,312.0
Operating Lease Liabilities Current	300.0	312.0	310.0	323.0	331.0	328.0	202.0	198.0	206.0	208.0	220.0	226.0	233.0	225.0	233.0	242.0
Accrued Expenses	2,170.0	2,349.0	2,091.0	2,040.0	1,978.0	2,206.0	2,096.0	1,870.0	2,400.0	3,606.0	2,880.0	2,468.0	2,118.0	2,043.0	1,881.0	1,587.0	1,360.0
Other Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	12,484.0	10,921.0	10,994.0	10,892.0	13,901.0	12,276.0	13,489.0	14,113.0	12,225.0	12,256.0	12,112.0	11,728.0	11,329.0	10,378.0	10,416.0

Non-Current Liabilities
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Lease Liabilities Non-Current	709.0	768.0	846.0	915.0	970.0	1,031.0	888.0	915.0	953.0	985.0	1,039.0	1,077.0	1,112.0	1,118.0	1,183.0
Deferred Revenue Non-Current	1,201.0	1,219.0	1,263.0	1,600.0	1,843.0	1,948.0	1,957.0	1,990.0	1,752.0	1,728.0	1,754.0	1,938.0	1,980.0	2,186.0	2,057.0	2,206.0
Deferred Tax Liabilities	2,353.0	2,289.0	2,210.0	2,186.0	2,124.0	2,167.0	2,094.0	2,089.0	1,981.0	2,044.0	2,157.0	2,057.0	1,888.0	1,985.0	1,995.0	2,072.0
Pension Obligations	318.0	321.0	261.0	260.0	259.0	256.0	280.0	277.0	273.0	269.0	246.0	241.0	242.0	241.0	333.0	334.0	333.0
Other Non-Current Liabilities	1,197.0	1,306.0	1,144.0	1,038.0	923.0	909.0	933.0	926.0	937.0	981.0	880.0	936.0	936.0	969.0	1,056.0	1,096.0
Total Non-Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities	22,480.0	21,080.0	20,536.0	20,712.0	23,847.0	23,400.0	24,436.0	25,098.0	25,822.0	25,972.0	25,926.0	25,730.0	25,244.0	24,682.0	25,022.0	27,182.0

Common Equity
Common Stock	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	888.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0	808.0
Additional Paid In Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	16,526.0	16,388.0	16,158.0	16,199.0	16,080.0	16,332.0	16,178.0	16,218.0	15,959.0	16,297.0	16,657.0	16,571.0	15,995.0	16,261.0	16,588.0	16,311.0	15,551.0
Accumulated Other Comprehensive Income	(1.0)	(24.0)	(6.0)	(35.0)	(24.0)	(25.0)	(37.0)	11.0	19.0	0.0	201.0	58.0	197.0	344.0	305.0
Treasury Stock	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,846.0	10,850.0	10,853.0	10,860.0
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Stockholders Equity	6,875.0	7,981.0	7,776.0	8,000.0	9,365.0	10,350.0	10,411.0	10,465.0	10,196.0	10,515.0	11,054.0	10,789.0	10,302.0	10,687.0	10,924.0	11,120.0
Total Equity	6,875.0	7,981.0	7,776.0	8,000.0	9,365.0	10,350.0	10,411.0	10,465.0	10,196.0	10,515.0	11,054.0	10,789.0	10,302.0	10,687.0	10,924.0	11,120.0	10,417.0	10,414.0

Receivables
Accounts Receivable	171.0	98.0	52.0	60.0	47.0	47.0	50.0	67.0	58.0	104.0	142.0	97.0	64.0	117.0	85.0	59.0	70.0	58.0	67.0	81.0	-	46.0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Supplementary Data
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Working Capital	(6,515.0)	(5,276.0)	(5,599.0)	(4,800.0)	(3,167.0)	(1,002.0)	(1,559.0)	(1,362.0)	1,056.0	1,699.0	2,519.0	2,933.0	2,945.0	4,430.0	6,002.0	7,685.0	8,753.0
Book Value	6,875.0	7,981.0	7,776.0	8,000.0	9,365.0	10,350.0	10,411.0	10,465.0	10,196.0	10,515.0	11,054.0	10,789.0	10,302.0	10,687.0	10,924.0	11,120.0	10,417.0	10,414.0
Tangible Book Value	5,609.0	6,715.0	6,511.0	6,735.0	8,096.0	9,080.0	9,141.0	9,195.0	8,931.0	9,249.0	9,788.0	9,523.0	9,037.0	9,421.0	9,659.0	9,855.0	9,152.0