Balance Sheet - SOUTHWEST AIRLINES CO (LUV)
$ (Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 3.23 | 8.73 | 11.47 | 12.29 | 15.50 | 13.33 | 4.07 | 3.69 | 3.27 | 3.31 | 3.05 | 2.99 | 3.15 | 2.97 | 3.14 | 3.54 | 2.59 | 1.80 | 2.78 | 1.76 |
| Accounts receivable, net | 1.15 | 1.11 | 1.15 | 1.04 | 1.36 | 1.13 | 1.09 | 0.57 | 0.66 | 0.55 | 0.47 | 0.37 | 0.42 | 0.33 | 0.30 | 0.20 | 0.17 | 0.21 | 0.28 | 0.24 |
| Inventories | 0.78 | 0.80 | 0.81 | 0.79 | 0.54 | 0.41 | 0.53 | 0.46 | 0.42 | 0.34 | 0.31 | 0.34 | 0.47 | 0.47 | 0.40 | 0.24 | 0.22 | 0.20 | 0.26 | 0.18 |
| Other current assets | 0.49 | 0.64 | 0.52 | 0.69 | 0.64 | 0.30 | 0.29 | 0.31 | 0.46 | 0.31 | 0.19 | 0.71 | 0.42 | 0.46 | 0.50 | 0.30 | 0.38 | 0.44 | 1.13 | 0.42 |
| Total current assets | 5.65 | 11.27 | 13.96 | 14.81 | 18.04 | 15.17 | 5.97 | 5.03 | 4.82 | 4.50 | 4.02 | 4.27 | 4.46 | 4.22 | 4.35 | 4.28 | 3.36 | 2.89 | 4.44 | 2.60 |
| Total non-current assets | 23.42 | 22.48 | 22.53 | 20.56 | 18.28 | 19.42 | 19.92 | 21.21 | 20.30 | 18.79 | 17.29 | 15.80 | 14.89 | 14.37 | 13.72 | 11.18 | 10.91 | 11.42 | 12.33 | 10.86 |
| Total assets | 29.06 | 33.75 | 36.49 | 35.37 | 36.32 | 34.59 | 25.90 | 26.24 | 25.11 | 23.29 | 21.31 | 19.72 | 19.35 | 18.60 | 18.07 | 15.46 | 14.27 | 14.07 | 16.77 | 13.46 |
| Total current liabilities | 10.92 | 12.28 | 12.26 | 10.38 | 9.16 | 7.51 | 8.95 | 7.91 | 6.91 | 6.84 | 7.41 | 5.92 | 5.68 | 4.65 | 4.53 | 3.31 | 2.68 | 2.81 | 4.84 | 2.89 |
| Total non-current liabilities | 10.16 | 11.12 | 13.72 | 14.30 | 16.74 | 18.21 | 7.11 | 8.49 | 8.61 | 8.00 | 6.55 | 7.03 | 6.33 | 6.95 | 6.66 | 5.92 | 6.13 | 6.31 | 4.99 | 4.12 |
| Total liabilities | 21.08 | 23.40 | 25.97 | 24.68 | 25.91 | 25.71 | 16.06 | 16.39 | 14.68 | 14.85 | 13.95 | 13.29 | 12.01 | 11.62 | 11.19 | 9.23 | 8.80 | 9.36 | 9.83 | 7.01 |
| Total stockholders' equity | 7.98 | 10.35 | 10.52 | 10.69 | 10.41 | 8.88 | 9.83 | 9.85 | 10.43 | 8.44 | 7.36 | 6.78 | 7.34 | 6.97 | 6.88 | 6.24 | 5.47 | 4.95 | 6.94 | 6.45 |
| Common shares outstanding | 558 | 643 | 640 | 642 | 609 | 565 | 539 | 574 | 603 | 633 | 669 | 696 | 718 | 757 | 775 | 747 | 741 | 739 | 768 | 818 |
Show Quarterly Balance Sheet
Balance Sheet - SOUTHWEST AIRLINES CO (LUV)
$ (Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 3.33 | 3.23 | 3.02 | 3.84 | 8.25 | 8.73 | 9.38 | 10.00 | 10.51 | 11.47 | 11.73 | 12.18 | 11.67 | 12.29 | 13.67 | 16.43 | 15.74 | 15.50 | 16.00 | 16.88 | 14.35 | 13.33 | 14.56 | 14.46 | 5.55 | 4.07 | 4.02 | 3.99 | 3.86 | 3.69 | 3.82 | 3.69 | 3.24 | 3.27 | 3.04 | 3.15 | 3.48 | 3.31 | 3.45 | 3.42 | 3.58 | 3.05 | 3.10 | 3.13 | 3.44 | 2.99 | 3.56 | 3.99 | 3.50 | 3.15 | 3.33 | 3.39 | 3.14 | 2.97 | 3.24 | 3.26 | 3.78 | 3.14 | 3.66 | 4.37 | 4.47 | 3.54 | 3.38 | 3.12 | 2.77 | 2.59 | 2.25 | 2.20 | 2.13 | 1.80 | 3.43 | 5.84 | 3.12 | 2.78 | 1.56 | 2.11 | 1.93 | 1.76 | 2.30 | 2.99 | 2.92 |
| Accounts receivable, net | 1.25 | 1.15 | 1.12 | 1.01 | 1.08 | 1.11 | 1.18 | 1.35 | 1.35 | 1.15 | 1.47 | 1.23 | 1.25 | 1.04 | 1.32 | 1.39 | 1.69 | 1.36 | 1.48 | 1.33 | 0.94 | 1.13 | 0.90 | 0.77 | 0.71 | 1.09 | 0.87 | 0.78 | 0.78 | 0.57 | 0.78 | 0.77 | 0.68 | 0.66 | 0.58 | 0.58 | 0.59 | 0.55 | 0.85 | 0.52 | 0.51 | 0.47 | 0.47 | 0.46 | 0.50 | 0.37 | 0.47 | 0.45 | 0.46 | 0.42 | 0.46 | 0.51 | 0.43 | 0.33 | 0.43 | 0.50 | 0.37 | 0.30 | 0.37 | 0.39 | 0.28 | 0.20 | 0.29 | 0.28 | 0.24 | 0.17 | 0.23 | 0.24 | 0.23 | 0.21 | 0.39 | 0.45 | 0.35 | 0.28 | 0.33 | 0.32 | 0.28 | 0.24 | 0.27 | 0.27 | 0.25 |
| Inventories | 0.83 | 0.78 | 0.79 | 0.77 | 0.79 | 0.80 | 0.77 | 0.78 | 0.81 | 0.81 | 0.80 | 0.71 | 0.74 | 0.79 | 0.78 | 0.75 | 0.62 | 0.54 | 0.51 | 0.46 | 0.45 | 0.41 | 0.43 | 0.42 | 0.52 | 0.53 | 0.53 | 0.51 | 0.48 | 0.46 | 0.48 | 0.46 | 0.43 | 0.42 | 0.44 | 0.37 | 0.36 | 0.34 | 0.33 | 0.33 | 0.29 | 0.31 | 0.31 | 0.33 | 0.30 | 0.34 | 0.43 | 0.44 | 0.44 | 0.47 | 0.52 | 0.46 | 0.48 | 0.47 | 0.54 | 0.45 | 0.43 | 0.40 | 0.46 | 0.39 | 0.32 | 0.24 | 0.23 | 0.23 | 0.23 | 0.22 | 0.20 | 0.20 | 0.17 | 0.20 | 0.29 | 0.30 | 0.27 | 0.26 | 0.20 | 0.18 | 0.17 | 0.18 | 0.18 | 0.19 | 0.16 |
| Other current assets | 0.55 | 0.49 | 0.47 | 0.47 | 0.62 | 0.64 | 0.60 | 0.62 | 0.60 | 0.52 | 0.63 | 0.54 | 0.61 | 0.69 | 0.65 | 0.83 | 0.77 | 0.64 | 0.56 | 0.52 | 0.37 | 0.30 | 0.25 | 0.22 | 0.26 | 0.29 | 0.24 | 0.28 | 0.35 | 0.31 | 0.51 | 0.50 | 0.45 | 0.46 | 0.22 | 0.25 | 0.24 | 0.31 | 0.21 | 0.20 | 0.19 | 0.19 | 0.70 | 0.68 | 0.72 | 0.23 | 0.53 | 0.44 | 0.42 | 0.42 | 0.46 | 0.50 | 0.47 | 0.46 | 0.44 | 0.49 | 0.54 | 0.50 | 0.11 | 0.26 | 0.26 | 0.30 | 0.14 | 0.34 | 0.39 | 0.38 | 0.45 | 0.46 | 0.46 | 0.44 | 1.20 | 2.34 | 1.31 | 1.13 | 0.78 | 0.69 | 0.61 | 0.42 | 0.55 | 0.91 | 0.76 |
| Total current assets | 5.97 | 5.65 | 5.40 | 6.09 | 10.73 | 11.27 | 11.93 | 12.75 | 13.28 | 13.96 | 14.63 | 14.66 | 14.27 | 14.81 | 16.42 | 19.40 | 18.82 | 18.04 | 18.55 | 19.19 | 16.10 | 15.17 | 16.13 | 15.87 | 7.03 | 5.97 | 5.65 | 5.55 | 5.48 | 5.03 | 5.60 | 5.41 | 4.80 | 4.82 | 4.28 | 4.34 | 4.66 | 4.50 | 4.84 | 4.47 | 4.57 | 4.02 | 4.57 | 4.60 | 4.96 | 4.27 | 4.90 | 5.32 | 4.81 | 4.46 | 4.77 | 4.86 | 4.51 | 4.22 | 4.65 | 4.69 | 5.12 | 4.35 | 4.59 | 5.42 | 5.33 | 4.28 | 4.04 | 3.97 | 3.62 | 3.36 | 3.13 | 3.09 | 3.00 | 2.89 | 5.30 | 8.93 | 5.05 | 4.44 | 2.87 | 3.31 | 3.00 | 2.60 | 3.30 | 4.36 | 4.09 |
| Total non-current assets | 23.39 | 23.42 | 22.92 | 22.62 | 22.48 | 22.48 | 22.92 | 22.81 | 22.74 | 22.53 | 22.35 | 21.86 | 21.27 | 20.56 | 19.53 | 18.91 | 18.44 | 18.28 | 18.56 | 19.02 | 19.39 | 19.42 | 19.47 | 19.72 | 19.86 | 19.92 | 20.82 | 20.82 | 20.98 | 21.21 | 21.28 | 21.06 | 20.70 | 20.30 | 19.97 | 19.58 | 19.11 | 18.79 | 18.21 | 17.98 | 17.67 | 17.29 | 16.59 | 16.48 | 16.20 | 15.80 | 15.55 | 15.57 | 15.16 | 14.89 | 14.59 | 14.52 | 14.68 | 14.37 | 14.16 | 13.83 | 13.71 | 13.72 | 13.29 | 13.52 | 11.09 | 11.18 | 11.10 | 11.02 | 10.91 | 10.91 | 10.97 | 10.93 | 11.18 | 11.42 | 12.87 | 14.33 | 12.98 | 12.33 | 11.65 | 11.55 | 11.24 | 10.86 | 10.79 | 10.99 | 10.63 |
| Total assets | 29.36 | 29.06 | 28.31 | 28.71 | 33.21 | 33.75 | 34.85 | 35.56 | 36.02 | 36.49 | 36.98 | 36.52 | 35.55 | 35.37 | 35.95 | 38.30 | 37.26 | 36.32 | 37.11 | 38.21 | 35.49 | 34.59 | 35.61 | 35.60 | 26.89 | 25.90 | 26.47 | 26.37 | 26.46 | 26.24 | 26.88 | 26.47 | 25.50 | 25.11 | 24.25 | 23.92 | 23.76 | 23.29 | 23.05 | 22.45 | 22.24 | 21.31 | 21.16 | 21.08 | 21.16 | 19.72 | 20.54 | 20.89 | 19.98 | 19.35 | 19.36 | 19.38 | 19.20 | 18.60 | 18.81 | 18.52 | 18.83 | 18.07 | 17.89 | 18.95 | 16.41 | 15.46 | 15.14 | 14.99 | 14.53 | 14.27 | 14.10 | 14.03 | 14.18 | 14.07 | 18.18 | 23.26 | 18.03 | 16.77 | 14.52 | 14.85 | 14.24 | 13.46 | 14.09 | 15.34 | 14.72 |
| Total current liabilities | 12.48 | 10.92 | 10.99 | 10.89 | 13.90 | 12.28 | 13.49 | 14.11 | 12.23 | 12.26 | 12.11 | 11.73 | 11.33 | 10.38 | 10.42 | 11.71 | 10.07 | 9.16 | 9.14 | 12.48 | 8.18 | 7.51 | 7.80 | 9.36 | 10.24 | 8.95 | 8.63 | 8.61 | 8.72 | 7.91 | 7.84 | 7.72 | 7.16 | 6.91 | 6.97 | 7.10 | 7.46 | 6.84 | 7.82 | 7.83 | 8.25 | 7.41 | 7.08 | 6.88 | 6.90 | 5.92 | 6.45 | 7.03 | 6.44 | 5.68 | 5.55 | 5.78 | 5.41 | 4.65 | 4.97 | 5.08 | 5.05 | 4.53 | 5.32 | 5.32 | 4.36 | 3.31 | 3.19 | 3.34 | 2.92 | 2.68 | 3.02 | 3.07 | 3.12 | 2.81 | 5.59 | 8.37 | 5.78 | 4.84 | 3.83 | 4.09 | 3.52 | 2.89 | 3.94 | 4.69 | 4.45 |
| Total non-current liabilities | 10.00 | 10.16 | 9.54 | 9.82 | 9.95 | 11.12 | 10.95 | 10.99 | 13.60 | 13.72 | 13.81 | 14.00 | 13.92 | 14.30 | 14.61 | 15.47 | 16.78 | 16.74 | 17.73 | 16.04 | 18.22 | 18.21 | 18.03 | 15.36 | 7.57 | 7.11 | 7.91 | 7.82 | 7.95 | 8.49 | 8.89 | 8.75 | 8.72 | 8.61 | 8.48 | 8.29 | 8.10 | 8.00 | 7.18 | 6.79 | 6.49 | 6.55 | 7.11 | 7.04 | 7.36 | 7.03 | 6.66 | 6.35 | 6.35 | 6.33 | 6.81 | 6.82 | 6.83 | 6.95 | 6.84 | 6.60 | 6.68 | 6.66 | 6.08 | 6.43 | 5.47 | 5.92 | 6.01 | 6.10 | 6.08 | 6.13 | 5.86 | 5.81 | 6.13 | 6.31 | 5.52 | 6.16 | 5.07 | 4.99 | 4.43 | 4.34 | 4.16 | 4.12 | 3.52 | 3.71 | 3.51 |
| Total liabilities | 22.48 | 21.08 | 20.54 | 20.71 | 23.85 | 23.40 | 24.44 | 25.10 | 25.82 | 25.97 | 25.93 | 25.73 | 25.24 | 24.68 | 25.02 | 27.18 | 26.85 | 25.91 | 26.86 | 28.52 | 26.40 | 25.71 | 25.84 | 24.72 | 17.81 | 16.06 | 16.54 | 16.43 | 16.67 | 16.39 | 16.73 | 16.47 | 15.88 | 14.68 | 15.45 | 15.39 | 15.56 | 14.85 | 15.00 | 14.63 | 14.75 | 13.95 | 14.19 | 13.92 | 14.26 | 13.29 | 13.11 | 13.38 | 12.79 | 12.01 | 12.35 | 12.60 | 12.24 | 11.62 | 11.81 | 11.68 | 11.73 | 11.19 | 11.40 | 11.74 | 9.83 | 9.23 | 9.19 | 9.44 | 8.99 | 8.80 | 8.88 | 8.88 | 9.25 | 9.36 | 11.11 | 14.53 | 10.85 | 9.83 | 8.26 | 8.43 | 7.68 | 7.01 | 7.46 | 8.39 | 7.96 |
| Total stockholders' equity | 6.88 | 7.98 | 7.78 | 8.00 | 9.37 | 10.35 | 10.41 | 10.47 | 10.20 | 10.52 | 11.05 | 10.79 | 10.30 | 10.69 | 10.92 | 11.12 | 10.42 | 10.41 | 10.25 | 9.69 | 9.09 | 8.88 | 9.77 | 10.88 | 9.08 | 9.83 | 9.93 | 9.94 | 9.79 | 9.85 | 10.15 | 10.00 | 9.62 | 10.43 | 8.80 | 8.53 | 8.20 | 8.44 | 8.05 | 7.82 | 7.50 | 7.36 | 6.97 | 7.16 | 6.90 | 6.78 | 7.43 | 7.52 | 7.19 | 7.34 | 7.01 | 6.78 | 6.96 | 6.97 | 7.00 | 6.84 | 7.10 | 6.88 | 6.49 | 7.20 | 6.59 | 6.24 | 5.95 | 5.55 | 5.54 | 5.47 | 5.22 | 5.15 | 4.93 | 4.95 | 7.06 | 8.73 | 7.19 | 6.94 | 6.27 | 6.43 | 6.55 | 6.45 | 6.62 | 6.95 | 6.77 |
| Common shares outstanding | 503 | 521 | 526 | 541 | 584 | 641 | 601 | 643 | 597 | 596 | 640 | 639 | 594 | 594 | 639 | 635 | 592 | 603 | 607 | 615 | 609 | 590 | 590 | 563 | 515 | 527 | 534 | 542 | 552 | 561 | 569 | 579 | 588 | 594 | 598 | 605 | 614 | 621 | 625 | 639 | 648 | 656 | 663 | 673 | 682 | 686 | 691 | 698 | 707 | 707 | 711 | 722 | 727 | 736 | 740 | 764 | 772 | 771 | 792 | 787 | 749 | 748 | 747 | 746 | 744 | 743 | 742 | 741 | 740 | 740 | 736 | 737 | 734 | 733 | 752 | 780 | 800 | 786 | 821 | 825 | 836 |