United Airlines (UAL) 10-Q19 Oct 222022 Q3 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 30, 2022	Oct. 13, 2022
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-06033
Entity Registrant Name	United Airlines Holdings, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-2675207
Entity Address, Address Line One	233 South Wacker Drive,
Entity Address, City or Town	Chicago,
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60606
City Area Code	(872)
Local Phone Number	825-4000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		326,927,831
Document Fiscal Period Focus	Q3
Amendment Flag	false
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0000100517
Common Stock
Entity Information [Line Items]
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	UAL
Security Exchange Name	NASDAQ
Preferred Stock Purchase Rights
Entity Information [Line Items]
Title of 12(b) Security	Preferred Stock Purchase Rights
No Trading Symbol Flag	true
Security Exchange Name	NASDAQ
United Airlines, Inc.
Entity Information [Line Items]
Entity File Number	001-10323
Entity Registrant Name	United Airlines, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	74-2099724
Entity Address, Address Line One	233 South Wacker Drive,
Entity Address, City or Town	Chicago,
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60606
City Area Code	(872)
Local Phone Number	825-4000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,000
Entity Central Index Key	0000319687

Statements of Consolidated Oper

Statements of Consolidated Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Operating revenue:
Operating revenue	$ 12,877	$ 7,750	$ 32,555	$ 16,442
Operating expense:
Aircraft fuel	3,755	1,710	9,796	3,793
Salaries and related costs	2,843	2,487	8,466	6,987
Landing fees and other rent	639	652	1,919	1,735
Aircraft maintenance materials and outside repairs	619	346	1,553	917
Depreciation and amortization	610	623	1,832	1,866
Regional capacity purchase	596	520	1,728	1,546
Distribution expenses	482	218	1,101	442
Aircraft rent	65	58	193	165
Special charges (credits)	20	(1,098)	124	(3,423)
Other operating expenses	1,790	1,197	4,883	3,028
Total operating expense	11,419	6,713	31,595	17,056
Operating income (loss)	1,458	1,037	960	(614)
Nonoperating income (expense):
Interest expense	(455)	(449)	(1,299)	(1,228)
Interest capitalized	27	18	73	57
Interest income	104	11	142	30
Unrealized gains (losses) on investments, net	28	(34)	(12)	91
Miscellaneous, net	(9)	20	(4)	(48)
Total nonoperating expense, net	(305)	(434)	(1,100)	(1,098)
Income (loss) before income tax expense (benefit)	1,153	603	(140)	(1,712)
Income tax expense (benefit)	211	130	(34)	(394)
Net income (loss)	$ 942	$ 473	$ (106)	$ (1,318)
Earnings (loss) per share, basic (in dollars per share)	$ 2.88	$ 1.46	$ (0.33)	$ (4.10)
Earnings (loss) per share, diluted ( in dollars per share)	$ 2.86	$ 1.44	$ (0.33)	$ (4.10)
Passenger revenue
Operating revenue:
Operating revenue	$ 11,653	$ 6,637	$ 28,830	$ 13,319
Cargo
Operating revenue:
Operating revenue	498	519	1,699	1,622
Other operating revenue
Operating revenue:
Operating revenue	$ 726	$ 594	$ 2,026	$ 1,501

Statements of Consolidated Comp

Statements of Consolidated Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 942	$ 473	$ (106)	$ (1,318)
Other comprehensive income (loss), net of tax:
Employee benefit plans	0	(9)	9	17
Investments and other	(20)	(1)	(31)	(2)
Total other comprehensive income (loss), net of tax	(20)	(10)	(22)	15
Total comprehensive income (loss), net	$ 922	$ 463	$ (128)	$ (1,303)

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 11,258	$ 18,283
Short-term investments	7,437	123
Restricted cash	61	37
Receivables, less allowance for credit losses (2022 — [X]; 2021 — $28)	2,034	1,663
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2022 — [X]; 2021 — $546)	1,116	983
Prepaid expenses and other	783	745
Total current assets	22,689	21,834
Operating property and equipment:
Flight equipment	40,867	39,584
Other property and equipment	9,195	8,764
Purchase deposits for flight equipment	2,532	2,215
Total operating property and equipment	52,594	50,563
Less — Accumulated depreciation and amortization	(20,088)	(18,489)
Total operating property and equipment, net	32,506	32,074
Operating lease right-of-use assets	4,280	4,645
Other assets:
Goodwill	4,527	4,527
Intangibles, less accumulated amortization (2022 — [X]; 2021 — $1,544)	2,772	2,803
Restricted cash	208	213
Deferred income taxes	701	659
Investments in affiliates and other, less allowance for credit losses (2022 — [X]; 2021 — $622)	1,285	1,420
Total other assets	9,493	9,622
Total assets	68,968	68,175
Current liabilities:
Accounts payable	3,534	2,562
Accrued salaries and benefits	1,841	2,121
Advance ticket sales	8,747	6,354
Frequent flyer deferred revenue	2,642	2,239
Current maturities of long-term debt	2,955	3,002
Current maturities of other financial liabilities	906	834
Current maturities of operating leases	546	556
Current maturities of finance leases	72	76
Other	746	560
Total current liabilities	21,989	18,304
Long-term debt	28,490	30,361
Long-term obligations under operating leases	4,803	5,152
Long-term obligations under finance leases	112	219
Other liabilities and deferred credits:
Frequent flyer deferred revenue	3,936	4,043
Pension liability	1,948	1,920
Postretirement benefit liability	946	1,000
Other financial liabilities	492	863
Other	1,354	1,284
Total other liabilities and deferred credits	8,676	9,110
Commitments and contingencies
Stockholders' equity:
Preferred stock	0	0
Common stock at par, $0.01 par value; authorized 1,000,000,000 shares; outstanding 326,926,963 and 323,810,825 shares at September 30, 2022 and December 31, 2021, respectively	4	4
Additional capital invested	8,970	9,156
Stock held in treasury, at cost	(3,533)	(3,814)
Retained earnings	421	625
Accumulated other comprehensive loss	(964)	(942)
Total stockholders' equity	4,898	5,029
Total liabilities and stockholders' equity	$ 68,968	$ 68,175

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Receivables, allowance for credit losses	$ 28	$ 28
Aircraft fuel, spare, parts and supplies, obsolescence allowance	595	546
Intangibles, accumulated amortization	1,462	1,544
Allowance for credit losses on investments in affiliates and other	$ 695	$ 622
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common shares, authorized (in shares)	1,000,000,000	1,000,000,000
Common shares, outstanding (in shares)	326,926,963	323,810,825

Condensed Statements of Consoli

Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021
Cash Flows from Operating Activities:
Net cash provided by operating activities		$ 4,908	$ 2,336
Cash Flows from Investing Activities:
Capital expenditures, net of flight equipment purchase deposit returns		(2,280)	(1,571)
Purchases of short-term and other investments		(8,384)	(47)
Proceeds from sale of short-term and other investments		1,061	271
Proceeds from sale of property and equipment		184	25
Other, net		(23)	(2)
Net cash used in investing activities		(9,442)	(1,324)
Cash Flows from Financing Activities:
Proceeds from issuance of debt, net of discounts and fees		210	11,098
Proceeds from equity issuance		0	532
Payments of long-term debt, finance leases and other financing liabilities		(2,605)	(4,632)
Other, net		(77)	(27)
Net cash provided by (used in) financing activities		(2,472)	6,971
Net increase (decrease) in cash, cash equivalents and restricted cash		(7,006)	7,983
Cash, cash equivalents and restricted cash at beginning of the period		18,533	11,742
Cash, cash equivalents and restricted cash at end of the period	[1]	11,527	19,725
Investing and Financing Activities Not Affecting Cash:
Property and equipment acquired through the issuance of debt, finance leases and other		0	801
Lease modifications and lease conversions		61	111
Right-of-use assets acquired through operating leases		98	627
Investment interests received in exchange for goods and services		$ 93	$ 129

[1]The following table provides a reconciliation of cash, cash equivalents and restricted cash to amounts reported within the consolidated balance sheet: Current assets: Cash and cash equivalents $ 11,258 $ 19,256 Restricted cash — Current 61 254 Restricted cash — Non-Current 208 215 Total cash, cash equivalents and restricted cash $ 11,527 $ 19,725

Condensed Statements of Conso_2

Condensed Statements of Consolidated Cash Flows (Unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2022		Dec. 31, 2021	Sep. 30, 2021		Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 11,258		$ 18,283	$ 19,256
Restricted cash — Current	61		37	254
Restricted cash — Non-Current	208		213	215
Total cash, cash equivalents and restricted cash	$ 11,527	[1]	$ 18,533	$ 19,725	[1]	$ 11,742

[1]The following table provides a reconciliation of cash, cash equivalents and restricted cash to amounts reported within the consolidated balance sheet: Current assets: Cash and cash equivalents $ 11,258 $ 19,256 Restricted cash — Current 61 254 Restricted cash — Non-Current 208 215 Total cash, cash equivalents and restricted cash $ 11,527 $ 19,725

Statements of Consolidated Stoc

Statements of Consolidated Stockholders' Equity (Unaudited) - USD ($) $ in Millions	Total	Common Stock	Additional Capital Invested	Treasury Stock	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Dec. 31, 2020		311,800,000
Balance at Dec. 31, 2020	$ 5,960	$ 4	$ 8,366	$ (3,897)	$ 2,626	$ (1,139)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(1,318)				(1,318)
Other comprehensive income (loss)	15					15
Stock-settled share-based compensation	169		169
Issuance of common stock (in shares)		11,000,000
Issuance of common stock	532		532
Warrants issued	99		99
Stock issued for share-based awards, net of shares withheld for tax (in shares)		1,000,000
Stock issued for share-based awards, net of shares withheld for tax	(26)		(72)	83	(37)
Balance (in shares) at Sep. 30, 2021		323,800,000
Balance at Sep. 30, 2021	5,431	$ 4	9,094	(3,814)	1,271	(1,124)
Balance (in shares) at Jun. 30, 2021		323,600,000
Balance at Jun. 30, 2021	4,904	$ 4	9,042	(3,832)	804	(1,114)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	473				473
Other comprehensive income (loss)	(10)					(10)
Stock-settled share-based compensation	69		69
Stock issued for share-based awards, net of shares withheld for tax (in shares)		200,000
Stock issued for share-based awards, net of shares withheld for tax	(5)		(17)	18	(6)
Balance (in shares) at Sep. 30, 2021		323,800,000
Balance at Sep. 30, 2021	$ 5,431	$ 4	9,094	(3,814)	1,271	(1,124)
Balance (in shares) at Dec. 31, 2021	323,810,825	323,800,000
Balance at Dec. 31, 2021	$ 5,029	$ 4	9,156	(3,814)	625	(942)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(106)				(106)
Other comprehensive income (loss)	(22)					(22)
Stock-settled share-based compensation	70		70
Stock issued for share-based awards, net of shares withheld for tax (in shares)		3,100,000
Stock issued for share-based awards, net of shares withheld for tax	$ (73)		(256)	281	(98)
Balance (in shares) at Sep. 30, 2022	326,926,963	326,900,000
Balance at Sep. 30, 2022	$ 4,898	$ 4	8,970	(3,533)	421	(964)
Balance (in shares) at Jun. 30, 2022		326,700,000
Balance at Jun. 30, 2022	3,964	$ 4	8,970	(3,551)	(515)	(944)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	942				942
Other comprehensive income (loss)	(20)					(20)
Stock-settled share-based compensation	15		15
Stock issued for share-based awards, net of shares withheld for tax (in shares)		200,000
Stock issued for share-based awards, net of shares withheld for tax	$ (3)		(15)	18	(6)
Balance (in shares) at Sep. 30, 2022	326,926,963	326,900,000
Balance at Sep. 30, 2022	$ 4,898	$ 4	$ 8,970	$ (3,533)	$ 421	$ (964)

Statements of Consolidated Op_2

Statements of Consolidated Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Operating revenue:
Operating revenue	$ 12,877	$ 7,750	$ 32,555	$ 16,442
Operating expense:
Aircraft fuel	3,755	1,710	9,796	3,793
Salaries and related costs	2,843	2,487	8,466	6,987
Landing fees and other rent	639	652	1,919	1,735
Aircraft maintenance materials and outside repairs	619	346	1,553	917
Depreciation and amortization	610	623	1,832	1,866
Regional capacity purchase	596	520	1,728	1,546
Distribution expenses	482	218	1,101	442
Aircraft rent	65	58	193	165
Special charges (credits)	20	(1,098)	124	(3,423)
Other operating expenses	1,790	1,197	4,883	3,028
Total operating expense	11,419	6,713	31,595	17,056
Operating income (loss)	1,458	1,037	960	(614)
Nonoperating income (expense):
Interest expense	(455)	(449)	(1,299)	(1,228)
Interest capitalized	27	18	73	57
Interest income	104	11	142	30
Unrealized gains (losses) on investments, net	28	(34)	(12)	91
Miscellaneous, net	(9)	20	(4)	(48)
Total nonoperating expense, net	(305)	(434)	(1,100)	(1,098)
Income (loss) before income tax expense (benefit)	1,153	603	(140)	(1,712)
Income tax expense (benefit)	211	130	(34)	(394)
Net income (loss)	942	473	(106)	(1,318)
United Airlines, Inc.
Operating revenue:
Operating revenue	12,877	7,750	32,555	16,442
Operating expense:
Aircraft fuel	3,755	1,710	9,796	3,793
Salaries and related costs	2,843	2,487	8,466	6,987
Landing fees and other rent	639	652	1,919	1,735
Aircraft maintenance materials and outside repairs	619	346	1,553	917
Depreciation and amortization	610	623	1,832	1,866
Regional capacity purchase	596	520	1,728	1,546
Distribution expenses	482	218	1,101	442
Aircraft rent	65	58	193	165
Special charges (credits)	20	(1,098)	124	(3,423)
Other operating expenses	1,789	1,197	4,881	3,027
Total operating expense	11,418	6,713	31,593	17,055
Operating income (loss)	1,459	1,037	962	(613)
Nonoperating income (expense):
Interest expense	(455)	(449)	(1,299)	(1,228)
Interest capitalized	27	18	73	57
Interest income	104	11	142	30
Unrealized gains (losses) on investments, net	28	(34)	(12)	91
Miscellaneous, net	(9)	21	(4)	(48)
Total nonoperating expense, net	(305)	(433)	(1,100)	(1,098)
Income (loss) before income tax expense (benefit)	1,154	604	(138)	(1,711)
Income tax expense (benefit)	212	130	(33)	(394)
Net income (loss)	942	474	(105)	(1,317)
Passenger revenue
Operating revenue:
Operating revenue	11,653	6,637	28,830	13,319
Passenger revenue \| United Airlines, Inc.
Operating revenue:
Operating revenue	11,653	6,637	28,830	13,319
Cargo
Operating revenue:
Operating revenue	498	519	1,699	1,622
Cargo \| United Airlines, Inc.
Operating revenue:
Operating revenue	498	519	1,699	1,622
Other operating revenue
Operating revenue:
Operating revenue	726	594	2,026	1,501
Other operating revenue \| United Airlines, Inc.
Operating revenue:
Operating revenue	$ 726	$ 594	$ 2,026	$ 1,501

Statements of Consolidated Co_2

Statements of Consolidated Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net income (loss)	$ 942	$ 473	$ (106)	$ (1,318)
Other comprehensive income (loss), net of tax:
Employee benefit plans	0	(9)	9	17
Investments and other	(20)	(1)	(31)	(2)
Total other comprehensive income (loss), net of tax	(20)	(10)	(22)	15
Total comprehensive income (loss), net	922	463	(128)	(1,303)
United Airlines, Inc.
Net income (loss)	942	474	(105)	(1,317)
Other comprehensive income (loss), net of tax:
Employee benefit plans	0	(9)	9	17
Investments and other	(20)	(1)	(31)	(2)
Total other comprehensive income (loss), net of tax	(20)	(10)	(22)	15
Total comprehensive income (loss), net	$ 922	$ 464	$ (127)	$ (1,302)

Consolidated Balance Sheets (_3

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 11,258	$ 18,283
Short-term investments	7,437	123
Restricted cash	61	37
Receivables, less allowance for credit losses (2022 — [X]; 2021 — $28)	2,034	1,663
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2022 — [X]; 2021 — $546)	1,116	983
Prepaid expenses and other	783	745
Total current assets	22,689	21,834
Operating property and equipment:
Flight equipment	40,867	39,584
Other property and equipment	9,195	8,764
Purchase deposits for flight equipment	2,532	2,215
Total operating property and equipment	52,594	50,563
Less — Accumulated depreciation and amortization	(20,088)	(18,489)
Total operating property and equipment, net	32,506	32,074
Operating lease right-of-use assets	4,280	4,645
Other assets:
Goodwill	4,527	4,527
Intangibles, less accumulated amortization (2022 — [X]; 2021 — $1,544)	2,772	2,803
Restricted cash	208	213
Deferred income taxes	701	659
Investments in affiliates and other, less allowance for credit losses (2022 — [X]; 2021 —$622)	1,285	1,420
Total other assets	9,493	9,622
Total assets	68,968	68,175
Current liabilities:
Accounts payable	3,534	2,562
Accrued salaries and benefits	1,841	2,121
Advance ticket sales	8,747	6,354
Frequent flyer deferred revenue	2,642	2,239
Current maturities of long-term debt	2,955	3,002
Current maturities of other financial liabilities	906	834
Current maturities of operating leases	546	556
Current maturities of finance leases	72	76
Other	746	560
Total current liabilities	21,989	18,304
Long-term debt	28,490	30,361
Long-term obligations under operating leases	4,803	5,152
Long-term obligations under finance leases	112	219
Other liabilities and deferred credits:
Frequent flyer deferred revenue	3,936	4,043
Pension liability	1,948	1,920
Postretirement benefit liability	946	1,000
Other financial liabilities	492	863
Other	1,354	1,284
Total other liabilities and deferred credits	8,676	9,110
Commitments and contingencies
Stockholders' equity:
Common stock at par, $0.01 par value; authorized 1,000 shares; issued and outstanding 1,000 shares at both September 30, 2022 and December 31, 2021	4	4
Additional capital invested	8,970	9,156
Retained earnings	421	625
Accumulated other comprehensive loss	(964)	(942)
Total stockholders' equity	4,898	5,029
Total liabilities and stockholders' equity	68,968	68,175
United Airlines, Inc.
Current assets:
Cash and cash equivalents	11,258	18,283
Short-term investments	7,437	123
Restricted cash	61	37
Receivables, less allowance for credit losses (2022 — [X]; 2021 — $28)	2,034	1,663
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2022 — [X]; 2021 — $546)	1,116	983
Prepaid expenses and other	783	745
Total current assets	22,689	21,834
Operating property and equipment:
Flight equipment	40,867	39,584
Other property and equipment	9,195	8,764
Purchase deposits for flight equipment	2,532	2,215
Total operating property and equipment	52,594	50,563
Less — Accumulated depreciation and amortization	(20,088)	(18,489)
Total operating property and equipment, net	32,506	32,074
Operating lease right-of-use assets	4,280	4,645
Other assets:
Goodwill	4,527	4,527
Intangibles, less accumulated amortization (2022 — [X]; 2021 — $1,544)	2,772	2,803
Restricted cash	208	213
Deferred income taxes	673	631
Investments in affiliates and other, less allowance for credit losses (2022 — [X]; 2021 —$622)	1,285	1,420
Total other assets	9,465	9,594
Total assets	68,940	68,147
Current liabilities:
Accounts payable	3,534	2,562
Accrued salaries and benefits	1,841	2,121
Advance ticket sales	8,747	6,354
Frequent flyer deferred revenue	2,642	2,239
Current maturities of long-term debt	2,955	3,002
Current maturities of other financial liabilities	906	834
Current maturities of operating leases	546	556
Current maturities of finance leases	72	76
Other	749	563
Total current liabilities	21,992	18,307
Long-term debt	28,490	30,361
Long-term obligations under operating leases	4,803	5,152
Long-term obligations under finance leases	112	219
Other liabilities and deferred credits:
Frequent flyer deferred revenue	3,936	4,043
Pension liability	1,948	1,920
Postretirement benefit liability	946	1,000
Other financial liabilities	492	863
Other	1,355	1,284
Total other liabilities and deferred credits	8,677	9,110
Commitments and contingencies
Stockholders' equity:
Common stock at par, $0.01 par value; authorized 1,000 shares; issued and outstanding 1,000 shares at both September 30, 2022 and December 31, 2021	0	0
Additional capital invested	387	317
Retained earnings	2,872	2,977
Accumulated other comprehensive loss	(964)	(942)
Payable to parent	2,571	2,646
Total stockholders' equity	4,866	4,998
Total liabilities and stockholders' equity	$ 68,940	$ 68,147

Consolidated Balance Sheets (_4

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Receivables, allowance for credit losses	$ 28	$ 28
Aircraft fuel, spare, parts and supplies, obsolescence allowance	595	546
Intangibles, accumulated amortization	1,462	1,544
Allowance for credit losses on investments in affiliates and other	$ 695	$ 622
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common shares, authorized (in shares)	1,000,000,000	1,000,000,000
Common shares, outstanding (in shares)	326,926,963	323,810,825
United Airlines, Inc.
Receivables, allowance for credit losses	$ 28	$ 28
Aircraft fuel, spare, parts and supplies, obsolescence allowance	595	546
Intangibles, accumulated amortization	1,462	1,544
Allowance for credit losses on investments in affiliates and other	$ 695	$ 622
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common shares, authorized (in shares)	1,000	1,000
Common shares, issued (in shares)	1,000	1,000
Common shares, outstanding (in shares)	1,000	1,000

Condensed Statements of Conso_3

Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021
Cash Flows from Operating Activities:
Net cash provided by operating activities		$ 4,908	$ 2,336
Cash Flows from Investing Activities:
Capital expenditures, net of flight equipment purchase deposit returns		(2,280)	(1,571)
Purchases of short-term and other investments		(8,384)	(47)
Proceeds from sale of short-term and other investments		1,061	271
Proceeds from sale of property and equipment		184	25
Other, net		(23)	(2)
Net cash used in investing activities		(9,442)	(1,324)
Cash Flows from Financing Activities:
Proceeds from issuance of debt, net of discounts and fees		210	11,098
Proceeds from issuance of parent company stock		0	532
Payments of long-term debt, finance leases and other financing liabilities		(2,605)	(4,632)
Other, net		(77)	(27)
Net cash provided by (used in) financing activities		(2,472)	6,971
Net increase (decrease) in cash, cash equivalents and restricted cash		(7,006)	7,983
Cash, cash equivalents and restricted cash at beginning of the period		18,533	11,742
Cash, cash equivalents and restricted cash at end of the period	[1]	11,527	19,725
Investing and Financing Activities Not Affecting Cash:
Property and equipment acquired through the issuance of debt, finance leases and other		0	801
Lease modifications and lease conversions		61	111
Right-of-use assets acquired through operating leases		98	627
Investment interests received in exchange for goods and services		93	129
United Airlines, Inc.
Cash Flows from Operating Activities:
Net cash provided by operating activities		4,834	2,309
Cash Flows from Investing Activities:
Capital expenditures, net of flight equipment purchase deposit returns		(2,280)	(1,571)
Purchases of short-term and other investments		(8,384)	(47)
Proceeds from sale of short-term and other investments		1,061	271
Proceeds from sale of property and equipment		184	25
Other, net		(23)	(2)
Net cash used in investing activities		(9,442)	(1,324)
Cash Flows from Financing Activities:
Proceeds from issuance of debt, net of discounts and fees		210	11,098
Proceeds from issuance of parent company stock		0	532
Payments of long-term debt, finance leases and other financing liabilities		(2,605)	(4,632)
Other, net		(3)	0
Net cash provided by (used in) financing activities		(2,398)	6,998
Net increase (decrease) in cash, cash equivalents and restricted cash		(7,006)	7,983
Cash, cash equivalents and restricted cash at beginning of the period		18,533	11,742
Cash, cash equivalents and restricted cash at end of the period	[2]	11,527	19,725
Investing and Financing Activities Not Affecting Cash:
Property and equipment acquired through the issuance of debt, finance leases and other		0	801
Lease modifications and lease conversions		61	111
Right-of-use assets acquired through operating leases		98	627
Investment interests received in exchange for goods and services		$ 93	$ 129

[1]The following table provides a reconciliation of cash, cash equivalents and restricted cash to amounts reported within the consolidated balance sheet: Current assets: Cash and cash equivalents $ 11,258 $ 19,256 Restricted cash — Current 61 254 Restricted cash — Non-Current 208 215 Total cash, cash equivalents and restricted cash $ 11,527 $ 19,725 Current assets: Cash and cash equivalents $ 11,258 $ 19,256 Restricted cash — Current 61 254 Restricted cash — Non-Current 208 215 Total cash, cash equivalents and restricted cash $ 11,527 $ 19,725

Condensed Statements of Conso_4

Condensed Statements of Consolidated Cash Flows (Unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2022		Dec. 31, 2021	Sep. 30, 2021
Current assets:
Cash and cash equivalents	$ 11,258		$ 18,283	$ 19,256
Restricted cash — Current	61		37	254
Restricted cash — Non-Current	208		213	215
Total cash, cash equivalents and restricted cash	11,527	[1]	18,533	19,725	[1]
United Airlines, Inc.
Current assets:
Cash and cash equivalents	11,258		18,283	19,256
Restricted cash — Current	61		37	254
Restricted cash — Non-Current	208		213	215
Total cash, cash equivalents and restricted cash	$ 11,527	[2]	$ 18,533	$ 19,725	[2]

[1]The following table provides a reconciliation of cash, cash equivalents and restricted cash to amounts reported within the consolidated balance sheet: Current assets: Cash and cash equivalents $ 11,258 $ 19,256 Restricted cash — Current 61 254 Restricted cash — Non-Current 208 215 Total cash, cash equivalents and restricted cash $ 11,527 $ 19,725 Current assets: Cash and cash equivalents $ 11,258 $ 19,256 Restricted cash — Current 61 254 Restricted cash — Non-Current 208 215 Total cash, cash equivalents and restricted cash $ 11,527 $ 19,725

Statements of Consolidated St_2

Statements of Consolidated Stockholders' Equity (Unaudited) - USD ($) $ in Millions	Total	Additional Capital Invested	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	United Airlines, Inc.	United Airlines, Inc. Additional Capital Invested	United Airlines, Inc. Retained Earnings	United Airlines, Inc. Accumulated Other Comprehensive Income (Loss)	United Airlines, Inc. Payable to Parent
Balance at Dec. 31, 2020	$ 5,960	$ 8,366	$ 2,626	$ (1,139)	$ 5,928	$ 85	$ 4,939	$ (1,139)	$ 2,043
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(1,318)		(1,318)		(1,317)		(1,317)
Other comprehensive income (loss)	15			15	15			15
Stock-settled share-based compensation	169	169			169	169
Impact of UAL common stock issuance	532	532			532				532
Other					72				72
Balance at Sep. 30, 2021	5,431	9,094	1,271	(1,124)	5,399	254	3,622	(1,124)	2,647
Balance at Jun. 30, 2021	4,904	9,042	804	(1,114)	4,872	185	3,148	(1,114)	2,653
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	473		473		474		474
Other comprehensive income (loss)	(10)			(10)	(10)			(10)
Stock-settled share-based compensation	69	69			69	69
Other					(6)				(6)
Balance at Sep. 30, 2021	5,431	9,094	1,271	(1,124)	5,399	254	3,622	(1,124)	2,647
Balance at Dec. 31, 2021	5,029	9,156	625	(942)	4,998	317	2,977	(942)	2,646
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(106)		(106)		(105)		(105)
Other comprehensive income (loss)	(22)			(22)	(22)			(22)
Stock-settled share-based compensation	70	70			70	70
Other					(75)				(75)
Balance at Sep. 30, 2022	4,898	8,970	421	(964)	4,866	387	2,872	(964)	2,571
Balance at Jun. 30, 2022	3,964	8,970	(515)	(944)	3,933	373	1,930	(944)	2,574
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	942		942		942		942
Other comprehensive income (loss)	(20)			(20)	(20)			(20)
Stock-settled share-based compensation	15	15			14	14
Other					(3)				(3)
Balance at Sep. 30, 2022	$ 4,898	$ 8,970	$ 421	$ (964)	$ 4,866	$ 387	$ 2,872	$ (964)	$ 2,571

Combined Notes to the Financial

Combined Notes to the Financial Statements (Unaudited)	9 Months Ended
Combined Notes to the Financial Statements (Unaudited)	Sep. 30, 2022
Unusual or Infrequent Items, or Both [Abstract]
COMBINED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)	COMBINED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) United Airlines Holdings, Inc. (together with its consolidated subsidiaries, "UAL" or the "Company") is a holding company, and its principal, wholly-owned subsidiary is United Airlines, Inc. (together with its consolidated subsidiaries, "United"). This Quarterly Report on Form 10-Q is a combined report of UAL and United, including their respective consolidated financial statements. As UAL consolidates United for financial statement purposes, disclosures that relate to activities of United also apply to UAL, unless otherwise noted. United's operating revenues and operating expenses comprise nearly 100% of UAL's revenues and operating expenses. In addition, United comprises approximately the entire balance of UAL's assets, liabilities and operating cash flows. When appropriate, UAL and United are named specifically for their individual contractual obligations and related disclosures, and any significant differences between the operations and results of UAL and United are separately disclosed and explained. We sometimes use the words "we," "our," "us," and the "Company" in this report for disclosures that relate to all of UAL and United. The UAL and United unaudited condensed consolidated financial statements shown here have been prepared as required by the U.S. Securities and Exchange Commission (the "SEC"). Some information and footnote disclosures normally included in financial statements that comply with accounting principles generally accepted in the United States ("GAAP") have been condensed or omitted as permitted by the SEC. The financial statements include all adjustments, including normal recurring adjustments and other adjustments, which are considered necessary for a fair presentation of the Company's financial position and results of operations for interim periods presented. The UAL and United financial statements should be read together with the information included in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021 (the "2021 Form 10-K"). The Company's quarterly financial data is subject to seasonal fluctuations. Historically its second and third quarter financial results have reflected higher travel demand, and were better than its first and fourth quarter financial results.

Revenue

Revenue	9 Months Ended
Revenue	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
REVENUE	REVENUE Revenue by Geography. The table below presents the Company's operating revenue by principal geographic region (as defined by the U.S. Department of Transportation) (in millions): Three Months Ended September 30, Nine Months Ended 2022 2021 2022 2021 Domestic (U.S. and Canada) $ 7,718 $ 5,412 $ 20,623 $ 11,290 Atlantic 3,186 1,116 6,756 2,111 Latin America 1,162 849 3,266 1,968 Pacific 811 373 1,910 1,073 Total $ 12,877 $ 7,750 $ 32,555 $ 16,442 Advance Ticket Sales. All tickets sold at any given point in time have travel dates through the next 12 months. The Company defers amounts related to future travel in its Advance ticket sales liability account. The Company's Advance ticket sales liability also includes credits issued to customers on future flight credits ("FFCs") and electronic travel certificates ("ETCs"), primarily for ticket cancellations, which can be applied towards a purchase of a new ticket. FFCs and ETCs are valid up to one year from the date of issuance; however, all credits issued on or before December 31, 2022 have been extended to December 31, 2023. The Company is unable to estimate the amount of the FFCs and ETCs that will be used within the next 12 months and has classified the entire amount of the Advance ticket sales liability in current liabilities even though some of the FFCs and ETCs could be used after the next 12 months. The Company estimates the value of Advance tickets sales that will expire unused ("breakage") and recognizes revenue at the scheduled flight date. To determine breakage, the Company uses its historical experience with expired tickets and other facts, such as recent aging trends, program changes and modifications that could affect the ultimate expiration patterns of tickets. Given the uncertainty of travel demand caused by the novel coronavirus ("COVID-19") pandemic, changes in our estimates of FFCs and ETCs that may expire unused could have a significant impact on revenue. Changes in estimates of breakage are recognized prospectively in proportion to the remaining usage of the related tickets. In the three and nine months ended September 30, 2022, the Company recognized approximately $5.1 billion and $3.0 billion, respectively, of passenger revenue for tickets that were included in Advance ticket sales at the beginning of those periods. In the three and nine months ended September 30, 2021, the Company recognized approximately $2.8 billion and $1.6 billion, respectively, of passenger revenue for tickets that were included in Advance ticket sales at the beginning of those periods. Ancillary Fees. The Company charges fees, separately from ticket sales, for certain ancillary services that are directly related to passengers' travel, such as baggage fees, premium seats, inflight amenities and other ticket-related fees. These ancillary fees are part of the travel performance obligation and, as such, are recognized as passenger revenue when the travel occurs. The Company recorded $0.9 billion and $2.4 billion of ancillary fees within passenger revenue in the three and nine months ended September 30, 2022, respectively. The Company recorded $0.7 billion and $1.5 billion of ancillary fees within passenger revenue in the three and nine months ended September 30, 2021, respectively. Frequent Flyer Accounting. The table below presents a roll forward of Frequent flyer deferred revenue (in millions): Three Months Ended September 30, Nine Months Ended 2022 2021 2022 2021 Total Frequent flyer deferred revenue - beginning balance $ 6,495 $ 6,185 $ 6,282 $ 5,975 Total miles awarded 705 439 1,848 1,071 Travel miles redeemed (601) (391) (1,489) (781) Non-travel miles redeemed (21) (16) (63) (48) Total Frequent flyer deferred revenue - ending balance $ 6,578 $ 6,217 $ 6,578 $ 6,217 In the three and nine months ended September 30, 2022, the Company recognized, in Other operating revenue, $0.6 billion and $1.7 billion, respectively, related to the marketing, advertising, non-travel miles redeemed (net of related costs) and other travel-related benefits of the mileage revenue associated with our various partner agreements including, but not limited to, our JPMorgan Chase Bank, N.A. MileagePlus co-brand agreement. The Company recognized $0.5 billion and $1.3 billion, respectively, in the three and nine months ended September 30, 2021, related to those agreements. The portion related to the MileagePlus miles awarded of the total amounts received from our various partner agreements is deferred and presented in the table above as an increase to the frequent flyer liability. We determine the current portion of our frequent flyer liability based on expected redemptions in the next 12 months.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
Earnings (Loss) Per Share	Sep. 30, 2022
Earnings Per Share [Abstract]
EARNINGS (LOSS) PER SHARE	EARNINGS (LOSS) PER SHARE The computations of UAL's basic and diluted earnings (loss) per share are set forth below (in millions, except per share amounts): Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Earnings (loss) available to common stockholders $ 942 $ 473 $ (106) $ (1,318) Basic weighted-average shares outstanding 326.8 323.7 326.2 321.3 Dilutive effect of employee stock awards 1.7 3.0 — — Dilutive effect of stock warrants 1.0 2.3 — — Diluted weighted-average shares outstanding 329.5 329.0 326.2 321.3 Earnings (loss) per share, basic $ 2.88 $ 1.46 $ (0.33) $ (4.10) Earnings (loss) per share, diluted $ 2.86 $ 1.44 $ (0.33) $ (4.10) Potentially dilutive securities (a) Stock warrants (b) 3.5 1.5 3.5 0.7 Employee stock awards 0.7 0.7 0.7 0.7 (a) Weighted-average potentially dilutive securities outstanding excluded from the computation of diluted earnings per share because the securities would have had an antidilutive effect. (b) Represent warrants issued to the U.S. Treasury Department ("Treasury") pursuant to the payroll support program, including extensions, and the loan program established under the Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act"). The Company issued, to Treasury, warrants to purchase up to approximately 10 million shares of UAL common stock at exercise prices ranging from $31.50 to $53.92 and expiration dates ranging from April 20, 2025 to June 10, 2026. All warrants were outstanding as of September 30, 2022.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
Accumulated Other Comprehensive Income (Loss)	Sep. 30, 2022
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The table below presents the components of the Company's accumulated other comprehensive income (loss), net of tax ("AOCI") (in millions): Pension and Other Postretirement Liabilities Investments and Other Deferred Taxes (a) Total Balance at June 30, 2022 $ (834) $ (14) $ (96) $ (944) Changes in value (1) (25) 6 (20) Amounts reclassified to earnings — (b) — — — Balance at September 30, 2022 $ (835) $ (39) $ (90) $ (964) Balance at December 31, 2021 $ (847) $ — $ (95) $ (942) Changes in value 13 (39) 5 (21) Amounts reclassified to earnings (1) (b) — — (1) Balance at September 30, 2022 $ (835) $ (39) $ (90) $ (964) Balance at June 30, 2021 $ (1,068) $ 1 $ (47) $ (1,114) Changes in value (19) (1) 4 (16) Amounts reclassified to earnings 7 (b) — (1) 6 Balance at September 30, 2021 $ (1,080) $ — $ (44) $ (1,124) Balance at December 31, 2020 $ (1,102) $ 2 $ (39) $ (1,139) Changes in value 5 (2) (1) 2 Amounts reclassified to earnings 17 (b) — (4) 13 Balance at September 30, 2021 $ (1,080) $ — $ (44) $ (1,124) (a) Includes approximately $285 million of deferred income tax expense that will not be recognized in net income until the related pension and other postretirement benefit obligations are fully extinguished. We consider all income sources, including other comprehensive income, in determining the amount of tax benefit allocated to results from operations. (b) This AOCI component is included in the computation of net periodic pension and other postretirement costs (see Note 5 of this report for additional information).

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXESThe Company's effective tax rates for the three and nine months ended September 30, 2022 were 18.3% and 24.3%, respectively. The effective tax rates for the three and nine months ended September 30, 2021 were 21.6% and 23.0%, respectively. The provision for income taxes is based on the estimated annual effective tax rate, which represents a blend of federal, state and foreign taxes and includes the impact of certain nondeductible items.

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
Employee Benefit Plans	Sep. 30, 2022
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS Defined Benefit Pension and Other Postretirement Benefit Plans. The Company's net periodic benefit cost includes the following components for the three months ended September 30 (in millions): Pension Benefits Other Postretirement Benefits Affected Line Item 2022 2021 2022 2021 Service cost $ 51 $ 59 $ 2 $ 2 Salaries and related costs Interest cost 47 46 8 6 Miscellaneous, net Expected return on plan assets (76) (70) — — Miscellaneous, net Amortization of unrecognized (gain) loss 29 42 (3) (7) Miscellaneous, net Amortization of prior service credit — — (28) (30) Miscellaneous, net Other 2 2 — — Miscellaneous, net Total $ 53 $ 79 $ (21) $ (29) The Company's net periodic benefit cost includes the following components for the nine months ended September 30 (in millions): Pension Benefits Other Postretirement Benefits Affected Line Item 2022 2021 2022 2021 Service cost $ 153 $ 179 $ 6 $ 7 Salaries and related costs Interest cost 141 138 23 19 Miscellaneous, net Expected return on plan assets (230) (212) (1) (1) Miscellaneous, net Amortization of unrecognized (gain) loss 90 127 (10) (21) Miscellaneous, net Amortization of prior service credit — — (84) (92) Miscellaneous, net Special termination benefits — — — 46 Miscellaneous, net Other 3 3 — — Miscellaneous, net Total $ 157 $ 235 $ (66) $ (42) During the first quarter of 2021, the Company offered special separation benefits in the form of additional subsidies for retiree medical costs for certain U.S.-based front-line employees. The subsidies are in the form of a one-time contribution to a notional Retiree Health Account of $125,000 for full-time employees and $75,000 for part-time employees. As a result, the Company recorded $46 million for those additional benefits.

Financial Instruments and Fair

Financial Instruments and Fair Value Measurements	9 Months Ended
Financial Instruments and Fair Value Measurements	Sep. 30, 2022
Fair Value Disclosures [Abstract]
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS	FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS The table below presents disclosures about the financial assets and liabilities measured at fair value on a recurring basis in UAL's financial statements (in millions): September 30, 2022 December 31, 2021 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Cash and cash equivalents $ 11,258 $ 11,258 $ — $ — $ 18,283 $ 18,283 $ — $ — Restricted cash - current 61 61 — — 37 37 — — Restricted cash - non-current 208 208 — — 213 213 — — Short-term investments: U.S. government and agency notes 6,954 — 6,954 — 2 — 2 — Asset-backed securities 460 — 460 — 26 — 26 — Corporate debt 23 — 23 — 95 — 95 — Long-term investments: Equity securities 156 156 — — 229 229 — — Investments presented in the table above have the same fair value as their carrying value. Restricted cash - current — Primarily includes amounts to be used for the payment of fees, principal and interest on senior secured notes and a secured term loan facility (the "MileagePlus Financing") secured by substantially all of the assets of Mileage Plus Holdings, LLC, a direct wholly-owned subsidiary of United. Restricted cash - non-current — Primarily includes collateral associated with the MileagePlus Financing, collateral for letters of credit and collateral associated with facility leases and other insurance-related obligations. Short-term investments — The short-term investments shown in the table above are classified as available-for-sale and have remaining maturities of approximately one year or less. Long-term investments: Equity securities — Represents equity and equity-linked securities (such as vested warrants) that make up United's investments in Azul Linhas Aéreas Brasileiras S.A., Clear Secure, Inc., Archer Aviation Inc. and Eve Holding, Inc. Other fair value information. The table below presents the carrying values and estimated fair values of financial instruments not presented in the tables above (in millions). Carrying amounts include any related discounts, premiums and issuance costs: September 30, 2022 December 31, 2021 Carrying Amount Fair Value Carrying Amount Fair Value Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Long-term debt $ 31,445 $ 28,951 $ — $ 24,109 $ 4,842 $ 33,363 $ 34,550 $ — $ 29,088 $ 5,462 Fair value of the financial instruments included in the tables above was determined as follows: Description Fair Value Methodology Cash and cash equivalents and Restricted cash (current and non-current) The carrying amounts of these assets approximate fair value. Short-term investments and Equity securities Fair value is based on (a) the trading prices of the investment or similar instruments, (b) an income approach, which uses valuation techniques to convert future amounts into a single present amount based on current market expectations about those future amounts when observable trading prices are not available, or (c) broker quotes obtained by third-party valuation services. Long-term debt Fair values were based on either market prices or the discounted amount of future cash flows using our current incremental rate of borrowing for similar liabilities or assets. Investments in Regional Carriers. As of September 30, 2022, United holds investments in two regional carriers that fly for the Company as United Express under its capacity purchase agreements ("CPAs"). The combined carrying value of the investments was approximately $183 million as of September 30, 2022. United accounts for each investment using the equity method. Other Investments. United holds equity investments in a number of companies with emerging technologies and sustainable solutions. United also has equity investments in Avianca Group International Limited, a multinational airline holding company, and JetSuiteX, Inc., an independent air carrier doing business as JSX. None of these investments have readily determinable fair values. We account for these investments at cost less impairment, adjusted for observable price changes in orderly transactions for an identical or similar investment of the same issuer. As of September 30, 2022, the carrying value of these investments was $330 million.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Commitments. As of September 30, 2022, United had firm commitments and options to purchase aircraft from The Boeing Company ("Boeing") and Airbus S.A.S. ("Airbus") as presented in the table below: Scheduled Aircraft Deliveries Aircraft Type Number of Firm Last Three Months 2023 After 2023 Airbus A321XLR 50 — — 50 Airbus A321neo 70 — 12 58 Airbus A350 45 — — 45 Boeing 737 MAX 353 27 121 205 Boeing 787 7 7 — — (a) United also has options and purchase rights for additional aircraft. The aircraft listed in the table above are scheduled for delivery through 2030. The amount and timing of the Company's future capital commitments could change to the extent that: (i) the Company and the aircraft manufacturers, with whom the Company has existing orders for new aircraft, agree to modify the contracts governing those orders; (ii) rights are exercised pursuant to the relevant agreements to modify the timing of deliveries; or (iii) the aircraft manufacturers are unable to deliver in accordance with the terms of those orders. Furthermore, Boeing notified United that three Boeing 787 aircraft scheduled for delivery in 2022 and 15 Boeing 737 MAX aircraft scheduled for delivery in 2023, all as shown in the table above, are now expected to deliver in 2023 and 2024, respectively. In addition to Boeing’s notification, United estimates that seven additional Boeing 737 MAX aircraft scheduled for delivery in 2022, as shown in the table above, will deliver in 2023. United intends to exercise options to purchase, in 2023, eight Boeing 737 MAX aircraft that are currently leased under sale and leaseback arrangements. United has an agreement to purchase eight used Bombardier CRJ550 aircraft in the last three months of 2022. The table below summarizes United's commitments as of September 30, 2022, which include aircraft and related spare engines, aircraft improvements and non-aircraft capital commitments. Aircraft commitments are based on contractual scheduled aircraft deliveries without any adjustments for the delays communicated by Boeing or estimated by United. (in billions) Last three months of 2022 $ 3.0 2023 8.4 2024 6.9 2025 4.4 2026 3.4 After 2026 8.5 $ 34.6 Legal Contingencies. The Company has certain contingencies resulting from litigation and claims incident to the ordinary course of business. As of September 30, 2022, management believes, after considering a number of factors, including (but not limited to) the information currently available, the views of legal counsel, the nature of the contingencies to which the Company is subject and prior experience, that its defenses and assertions in pending legal proceedings have merit and the ultimate disposition of any pending matter will not materially affect the Company's financial position, results of operations or cash flows. The Company records liabilities for legal claims when it is probable that a loss will be incurred and the amount is reasonably estimable. These amounts are recorded based on the Company's assessments of the likelihood of their eventual disposition. During the nine months ended September 30, 2022, the Company recorded charges of $94 million as a result of a number of recent decisions, including one involving another carrier, that appear to impact the Company's ability to successfully assert, in certain cases, that federal law preempts state and local laws that conflict with union contracts and/or federal requirements. Guarantees. As of September 30, 2022, United is the guarantor of approximately $2.0 billion in aggregate principal amount of tax-exempt special facilities revenue bonds and interest thereon. These bonds, issued by various airport municipalities, are payable solely from rentals paid under long-term agreements with the respective governing bodies. The leasing arrangements associated with these obligations are accounted for as operating leases recognized on the Company's consolidated balance sheet with the associated expense recorded on a straight-line basis over the expected lease term. All of these bonds are due between 2023 and 2041. As of September 30, 2022, United is the guarantor of $95 million of aircraft mortgage debt issued by one of United's regional carriers. The aircraft mortgage debt is subject to similar increased cost provisions as described below for the Company's debt, and the Company would potentially be responsible for those costs under the guarantees. Increased Cost Provisions. In United's financing transactions that include loans in which United is the borrower, United typically agrees to reimburse lenders for any reduced returns with respect to the loans due to any change in capital requirements and, in the case of loans with respect to which the interest rate is based on the London Interbank Offered Rate (LIBOR), for certain other increased costs that the lenders incur in carrying these loans as a result of any change in law, subject, in most cases, to obligations of the lenders to take certain limited steps to mitigate the requirement for, or the amount of, such increased costs. At September 30, 2022, the Company had $12.8 billion of floating rate debt with remaining terms of up to approximately 10 years that are subject to these increased cost provisions. In several financing transactions involving loans or leases from non-U.S. entities, with remaining terms of up to approximately 10 years and an aggregate balance of $9.7 billion, the Company bears the risk of any change in tax laws that would subject loan or lease payments thereunder to non-U.S. entities to withholding taxes, subject to customary exclusions. Credit Card Processing Agreements. The Company has agreements with financial institutions that process customer credit card transactions for the sale of air travel and other services. Under certain of the Company's credit card processing agreements, the financial institutions in certain circumstances have the right to require that the Company maintain a reserve equal to a portion of advance ticket sales that has been processed by that financial institution, but for which the Company has not yet provided the air transportation. Such financial institutions may require additional cash or other collateral reserves to be established or additional withholding of payments related to receivables collected if the Company does not maintain certain minimum levels of unrestricted cash, cash equivalents and short-term investments (collectively, "Unrestricted Liquidity"). The Company's level of Unrestricted Liquidity as of September 30, 2022 is substantially in excess of these minimum levels. Labor . As of September 30, 2022, the Company had approximately 90,800 employees, of whom approximately 85% were represented by various U.S. labor organizations.

Debt

Debt	9 Months Ended
Debt	Sep. 30, 2022
Debt Disclosure [Abstract]
DEBT	DEBT As of September 30, 2022, we had $1.75 billion undrawn and available under our revolving credit facility. Our debt agreements contain customary terms and conditions as well as various affirmative, negative and financial covenants that, among other things, restrict the ability of the Company and its subsidiaries to incur additional indebtedness and pay dividends or repurchase stock. As of September 30, 2022, UAL and United were in compliance with their respective debt covenants. The table below presents the Company's contractual principal payments (not including $412 million of unamortized debt discount, premiums and debt issuance costs) at September 30, 2022 under then-outstanding long-term debt agreements (in millions): Last three months of 2022 $ 759 2023 2,929 2024 3,908 2025 3,358 2026 5,148 After 2026 15,755 $ 31,857 During the nine months ended September 30, 2022, United borrowed $220 million aggregate principal amount from a financial institution to finance the purchase of aircraft. The notes evidencing these borrowings, which are secured by the related aircraft, mature in 2034 and have interest rates of 4%.

Special Charges (Credits)

Special Charges (Credits)	9 Months Ended
Special Charges (Credits)	Sep. 30, 2022
Other Income and Expenses [Abstract]
SPECIAL CHARGES (CREDITS)	SPECIAL CHARGES (CREDITS) For the three and nine months ended September 30, operating and nonoperating special charges (credits) and unrealized (gains) losses on investments in the statements of consolidated operations consisted of the following (in millions): Three Months Ended Nine Months Ended 2022 2021 2022 2021 CARES Act grant $ — $ (1,132) $ — $ (4,021) Severance and benefit costs — 5 — 433 Impairment of assets — 46 — 105 (Gains) losses on sale of assets and other special charges 20 (17) 124 60 Total operating special charges (credits) 20 (1,098) 124 (3,423) Nonoperating unrealized (gains) losses on investments, net (28) 34 12 (91) Nonoperating debt extinguishment and modification fees — (12) 7 50 Nonoperating special termination benefits — — — 46 Total nonoperating special charges and unrealized (gains) losses on investments, net (28) 22 19 5 Total operating and nonoperating special charges (credits) and unrealized (gains) losses on investments, net (8) (1,076) 143 (3,418) Income tax (benefit) expense, net of valuation allowance (7) 274 (17) 768 Total operating and nonoperating special charges (credits) and unrealized (gains) losses on investments, net of income taxes $ (15) $ (802) $ 126 $ (2,650) 2022 (Gains) losses on sale of assets and other special charges. During the three and nine months ended September 30, 2022, the Company recorded $20 million and $124 million, respectively, of net charges primarily comprised of $94 million for various legal matters. See Note 7 of this report for a discussion of the legal matters. Nonoperating unrealized (gains) losses on investments, net. During the three and nine months ended September 30, 2022, the Company recorded gains of $28 million and losses of $12 million, respectively. Nonoperating debt extinguishment and modification fees . During the nine months ended September 30, 2022, the Company recorded $7 million of charges primarily related to the early redemption of $400 million of its outstanding principal amount of the 4.25% senior notes due 2022. 2021 CARES Act grant. During the nine months ended September 30, 2021, the Company received approximately $5.8 billion in funding pursuant to two Payroll Support Program Extension Agreements (collectively, the "PSP2 and PSP3 Agreements") under the CARES Act, which included approximately $1.7 billion aggregate principal amount of unsecured promissory notes. The Company recorded $1.1 billion and $4.0 billion as grant income in Special charges (credits) during the three and nine months ended September 30, 2021, respectively. The Company also recorded $99 million for warrants to purchase shares of UAL common stock issued to the U.S. Treasury Department as part of the PSP2 and PSP3 Agreements, within stockholders' equity, as an offset to the grant income in the nine months ended September 30, 2021. Severance and benefit costs . During the three and nine months ended September 30, 2021, the Company recorded charges of $5 million and $433 million, respectively, related to pay continuation and benefits-related costs provided to employees who chose to voluntarily separate from the Company. The Company offered, based on employee group, age and completed years of service, pay continuation, health care coverage, and travel privileges. Approximately 4,500 employees elected to voluntarily separate from the Company. Impairment of assets . During the three months ended September 30, 2021, the Company recorded $46 million of impairment charges for nine Airbus A319 aircraft and 13 Boeing 737-700 airframes as a result of market conditions for used aircraft. During the nine months ended September 30, 2021, in addition to the third quarter 2021 impairments, the Company recorded $59 million of impairments primarily related to 64 Embraer EMB 145LR aircraft and related engines that United retired from its regional aircraft fleet. The decision to retire these aircraft was triggered by the United Next aircraft order. (Gains) losses on sale of assets and other special charges. During the three months ended September 30, 2021, the Company recorded net gains of $17 million primarily related to gains on aircraft sale-leaseback transactions and aircraft component manufacturer credits. During the nine months ended September 30, 2021, the Company recorded net charges of $60 million primarily related to incentives for certain of its front-line employees to receive a COVID-19 vaccination and the termination of the lease associated with three floors of its headquarters at the Willis Tower in Chicago in the first quarter of 2021, which were partially offset by the net gains in the third quarter of 2021 described above. Nonoperating unrealized (gains) losses on investments, net . During the three and nine months ended September 30, 2021, the Company recorded losses of $34 million and gains of $91 million, respectively . Nonoperating debt extinguishment and modification fees. During the nine months ended September 30, 2021, the Company recorded $50 million of charges for fees and discounts related to the issuance of a new term loan and revolving credit facility and the prepayment of a CARES Act loan and a 2017 term loan and revolving credit facility. Nonoperating special termination benefits. During the nine months ended September 30, 2021, as part of the first quarter 2021 voluntary leave programs, the Company recorded $46 million of special termination benefits in the form of additional subsidies for retiree medical costs for certain U.S.-based front-line employees. The subsidies were in the form of a one-time contribution into a notional Retiree Health Account of $125,000 for full-time employees and $75,000 for part-time employees.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
Revenue (Tables)	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Operating Revenue by Geographic Region	The table below presents the Company's operating revenue by principal geographic region (as defined by the U.S. Department of Transportation) (in millions): Three Months Ended September 30, Nine Months Ended 2022 2021 2022 2021 Domestic (U.S. and Canada) $ 7,718 $ 5,412 $ 20,623 $ 11,290 Atlantic 3,186 1,116 6,756 2,111 Latin America 1,162 849 3,266 1,968 Pacific 811 373 1,910 1,073 Total $ 12,877 $ 7,750 $ 32,555 $ 16,442
Roll Forward of Frequent Flyer Deferred Revenue	The table below presents a roll forward of Frequent flyer deferred revenue (in millions): Three Months Ended September 30, Nine Months Ended 2022 2021 2022 2021 Total Frequent flyer deferred revenue - beginning balance $ 6,495 $ 6,185 $ 6,282 $ 5,975 Total miles awarded 705 439 1,848 1,071 Travel miles redeemed (601) (391) (1,489) (781) Non-travel miles redeemed (21) (16) (63) (48) Total Frequent flyer deferred revenue - ending balance $ 6,578 $ 6,217 $ 6,578 $ 6,217

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
Earnings (Loss) Per Share (Tables)	Sep. 30, 2022
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The computations of UAL's basic and diluted earnings (loss) per share are set forth below (in millions, except per share amounts): Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Earnings (loss) available to common stockholders $ 942 $ 473 $ (106) $ (1,318) Basic weighted-average shares outstanding 326.8 323.7 326.2 321.3 Dilutive effect of employee stock awards 1.7 3.0 — — Dilutive effect of stock warrants 1.0 2.3 — — Diluted weighted-average shares outstanding 329.5 329.0 326.2 321.3 Earnings (loss) per share, basic $ 2.88 $ 1.46 $ (0.33) $ (4.10) Earnings (loss) per share, diluted $ 2.86 $ 1.44 $ (0.33) $ (4.10) Potentially dilutive securities (a) Stock warrants (b) 3.5 1.5 3.5 0.7 Employee stock awards 0.7 0.7 0.7 0.7 (a) Weighted-average potentially dilutive securities outstanding excluded from the computation of diluted earnings per share because the securities would have had an antidilutive effect. (b) Represent warrants issued to the U.S. Treasury Department ("Treasury") pursuant to the payroll support program, including extensions, and the loan program established under the Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act"). The Company issued, to Treasury, warrants to purchase up to approximately 10 million shares of UAL common stock at exercise prices ranging from $31.50 to $53.92 and expiration dates ranging from April 20, 2025 to June 10, 2026. All warrants were outstanding as of September 30, 2022.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
Accumulated Other Comprehensive Income (Loss) (Tables)	Sep. 30, 2022
Equity [Abstract]
Components of Accumulated Other Comprehensive Income, Net of Tax	The table below presents the components of the Company's accumulated other comprehensive income (loss), net of tax ("AOCI") (in millions): Pension and Other Postretirement Liabilities Investments and Other Deferred Taxes (a) Total Balance at June 30, 2022 $ (834) $ (14) $ (96) $ (944) Changes in value (1) (25) 6 (20) Amounts reclassified to earnings — (b) — — — Balance at September 30, 2022 $ (835) $ (39) $ (90) $ (964) Balance at December 31, 2021 $ (847) $ — $ (95) $ (942) Changes in value 13 (39) 5 (21) Amounts reclassified to earnings (1) (b) — — (1) Balance at September 30, 2022 $ (835) $ (39) $ (90) $ (964) Balance at June 30, 2021 $ (1,068) $ 1 $ (47) $ (1,114) Changes in value (19) (1) 4 (16) Amounts reclassified to earnings 7 (b) — (1) 6 Balance at September 30, 2021 $ (1,080) $ — $ (44) $ (1,124) Balance at December 31, 2020 $ (1,102) $ 2 $ (39) $ (1,139) Changes in value 5 (2) (1) 2 Amounts reclassified to earnings 17 (b) — (4) 13 Balance at September 30, 2021 $ (1,080) $ — $ (44) $ (1,124) (a) Includes approximately $285 million of deferred income tax expense that will not be recognized in net income until the related pension and other postretirement benefit obligations are fully extinguished. We consider all income sources, including other comprehensive income, in determining the amount of tax benefit allocated to results from operations. (b) This AOCI component is included in the computation of net periodic pension and other postretirement costs (see Note 5 of this report for additional information).

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
Employee Benefit Plans (Tables)	Sep. 30, 2022
Retirement Benefits [Abstract]
Components of Net Periodic Benefit Cost	The Company's net periodic benefit cost includes the following components for the three months ended September 30 (in millions): Pension Benefits Other Postretirement Benefits Affected Line Item 2022 2021 2022 2021 Service cost $ 51 $ 59 $ 2 $ 2 Salaries and related costs Interest cost 47 46 8 6 Miscellaneous, net Expected return on plan assets (76) (70) — — Miscellaneous, net Amortization of unrecognized (gain) loss 29 42 (3) (7) Miscellaneous, net Amortization of prior service credit — — (28) (30) Miscellaneous, net Other 2 2 — — Miscellaneous, net Total $ 53 $ 79 $ (21) $ (29) The Company's net periodic benefit cost includes the following components for the nine months ended September 30 (in millions): Pension Benefits Other Postretirement Benefits Affected Line Item 2022 2021 2022 2021 Service cost $ 153 $ 179 $ 6 $ 7 Salaries and related costs Interest cost 141 138 23 19 Miscellaneous, net Expected return on plan assets (230) (212) (1) (1) Miscellaneous, net Amortization of unrecognized (gain) loss 90 127 (10) (21) Miscellaneous, net Amortization of prior service credit — — (84) (92) Miscellaneous, net Special termination benefits — — — 46 Miscellaneous, net Other 3 3 — — Miscellaneous, net Total $ 157 $ 235 $ (66) $ (42)

Financial Instruments and Fai_2

Financial Instruments and Fair Value Measurements (Tables)	9 Months Ended
Financial Instruments and Fair Value Measurements (Tables)	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	The table below presents disclosures about the financial assets and liabilities measured at fair value on a recurring basis in UAL's financial statements (in millions): September 30, 2022 December 31, 2021 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Cash and cash equivalents $ 11,258 $ 11,258 $ — $ — $ 18,283 $ 18,283 $ — $ — Restricted cash - current 61 61 — — 37 37 — — Restricted cash - non-current 208 208 — — 213 213 — — Short-term investments: U.S. government and agency notes 6,954 — 6,954 — 2 — 2 — Asset-backed securities 460 — 460 — 26 — 26 — Corporate debt 23 — 23 — 95 — 95 — Long-term investments: Equity securities 156 156 — — 229 229 — —
Carrying Values and Estimated Fair Values of Financial Instruments	The table below presents the carrying values and estimated fair values of financial instruments not presented in the tables above (in millions). Carrying amounts include any related discounts, premiums and issuance costs: September 30, 2022 December 31, 2021 Carrying Amount Fair Value Carrying Amount Fair Value Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Long-term debt $ 31,445 $ 28,951 $ — $ 24,109 $ 4,842 $ 33,363 $ 34,550 $ — $ 29,088 $ 5,462
Fair Value Measurement Inputs and Valuation Techniques	Fair value of the financial instruments included in the tables above was determined as follows: Description Fair Value Methodology Cash and cash equivalents and Restricted cash (current and non-current) The carrying amounts of these assets approximate fair value. Short-term investments and Equity securities Fair value is based on (a) the trading prices of the investment or similar instruments, (b) an income approach, which uses valuation techniques to convert future amounts into a single present amount based on current market expectations about those future amounts when observable trading prices are not available, or (c) broker quotes obtained by third-party valuation services. Long-term debt Fair values were based on either market prices or the discounted amount of future cash flows using our current incremental rate of borrowing for similar liabilities or assets.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
Commitments and Contingencies (Tables)	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Firm Commitments and Options to Purchase Aircraft and Summary of Commitments	As of September 30, 2022, United had firm commitments and options to purchase aircraft from The Boeing Company ("Boeing") and Airbus S.A.S. ("Airbus") as presented in the table below: Scheduled Aircraft Deliveries Aircraft Type Number of Firm Last Three Months 2023 After 2023 Airbus A321XLR 50 — — 50 Airbus A321neo 70 — 12 58 Airbus A350 45 — — 45 Boeing 737 MAX 353 27 121 205 Boeing 787 7 7 — — (a) United also has options and purchase rights for additional aircraft.
Summary of Commitments	The table below summarizes United's commitments as of September 30, 2022, which include aircraft and related spare engines, aircraft improvements and non-aircraft capital commitments. Aircraft commitments are based on contractual scheduled aircraft deliveries without any adjustments for the delays communicated by Boeing or estimated by United. (in billions) Last three months of 2022 $ 3.0 2023 8.4 2024 6.9 2025 4.4 2026 3.4 After 2026 8.5 $ 34.6

Debt (Tables)

Debt (Tables)	9 Months Ended
Debt (Tables)	Sep. 30, 2022
Debt Disclosure [Abstract]
Contractual Principal Payments under Long-Term Debt Agreements	The table below presents the Company's contractual principal payments (not including $412 million of unamortized debt discount, premiums and debt issuance costs) at September 30, 2022 under then-outstanding long-term debt agreements (in millions): Last three months of 2022 $ 759 2023 2,929 2024 3,908 2025 3,358 2026 5,148 After 2026 15,755 $ 31,857

Special Charges (Credits) (Tabl

Special Charges (Credits) (Tables)	9 Months Ended
Special Charges (Credits) (Tables)	Sep. 30, 2022
Other Income and Expenses [Abstract]
Components of Special Charges	For the three and nine months ended September 30, operating and nonoperating special charges (credits) and unrealized (gains) losses on investments in the statements of consolidated operations consisted of the following (in millions): Three Months Ended Nine Months Ended 2022 2021 2022 2021 CARES Act grant $ — $ (1,132) $ — $ (4,021) Severance and benefit costs — 5 — 433 Impairment of assets — 46 — 105 (Gains) losses on sale of assets and other special charges 20 (17) 124 60 Total operating special charges (credits) 20 (1,098) 124 (3,423) Nonoperating unrealized (gains) losses on investments, net (28) 34 12 (91) Nonoperating debt extinguishment and modification fees — (12) 7 50 Nonoperating special termination benefits — — — 46 Total nonoperating special charges and unrealized (gains) losses on investments, net (28) 22 19 5 Total operating and nonoperating special charges (credits) and unrealized (gains) losses on investments, net (8) (1,076) 143 (3,418) Income tax (benefit) expense, net of valuation allowance (7) 274 (17) 768 Total operating and nonoperating special charges (credits) and unrealized (gains) losses on investments, net of income taxes $ (15) $ (802) $ 126 $ (2,650)

Revenue - Operating Revenue by

Revenue - Operating Revenue by Geographic Region (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Operating revenue	$ 12,877	$ 7,750	$ 32,555	$ 16,442
Domestic (U.S. and Canada)
Disaggregation of Revenue [Line Items]
Operating revenue	7,718	5,412	20,623	11,290
Atlantic
Disaggregation of Revenue [Line Items]
Operating revenue	3,186	1,116	6,756	2,111
Latin America
Disaggregation of Revenue [Line Items]
Operating revenue	1,162	849	3,266	1,968
Pacific
Disaggregation of Revenue [Line Items]
Operating revenue	$ 811	$ 373	$ 1,910	$ 1,073

Revenue - Narrative (Details)

Revenue - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Revenue - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue From Contract With Customer [Line Items]
Operating revenue	$ 12,877	$ 7,750	$ 32,555	$ 16,442
Advance Ticket Sales
Revenue From Contract With Customer [Line Items]
Revenue recognized	5,100	2,800	3,000	1,600
Ancillary Fees
Revenue From Contract With Customer [Line Items]
Operating revenue	900	700	2,400	1,500
Other Operating Revenue
Revenue From Contract With Customer [Line Items]
Operating revenue	726	594	2,026	1,501
Other Operating Revenue \| Chase and Other Partner Agreements
Revenue From Contract With Customer [Line Items]
Operating revenue	$ 600	$ 500	$ 1,700	$ 1,300

Revenue - Roll Forward of Frequ

Revenue - Roll Forward of Frequent Flyer Deferred Revenue (Details) - Frequent Flyer - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Frequent Flyer Deferred Revenue [Roll Forward]
Total Frequent flyer deferred revenue - beginning balance	$ 6,495	$ 6,185	$ 6,282	$ 5,975
Total miles awarded	705	439	1,848	1,071
Travel miles redeemed	(601)	(391)	(1,489)	(781)
Non-travel miles redeemed	(21)	(16)	(63)	(48)
Total Frequent flyer deferred revenue - ending balance	$ 6,578	$ 6,217	$ 6,578	$ 6,217

Earnings (Loss) Per Share - Com

Earnings (Loss) Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Earnings (loss) available to common stockholders	$ 942	$ 473	$ (106)	$ (1,318)
Basic weighted-average shares outstanding (in shares)	326.8	323.7	326.2	321.3
Dilutive effect of employee stock awards (in shares)	1.7	3	0	0
Dilutive effect of stock warrants (in shares)	1	2.3	0	0
Diluted weighted-average shares outstanding(in shares)	329.5	329	326.2	321.3
Earnings (loss) per share, basic (in dollars per share)	$ 2.88	$ 1.46	$ (0.33)	$ (4.10)
Earnings (loss) per share, diluted ( in dollars per share)	$ 2.86	$ 1.44	$ (0.33)	$ (4.10)
Stock warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities (in shares)	3.5	1.5	3.5	0.7
Employee stock awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities (in shares)	0.7	0.7	0.7	0.7
CARES Act Loan Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Warrants to purchase securities (in shares)	10		10
CARES Act Loan Warrants \| Minimum
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Exercise price (in dollars per share)	$ 31.50		$ 31.50
CARES Act Loan Warrants \| Maximum
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Exercise price (in dollars per share)	$ 53.92		$ 53.92

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss), Net of Tax (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Deferred Taxes
Balance	$ (96)	$ (47)	$ (95)	$ (39)
Changes in value	6	4	5	(1)
Amounts reclassified to earnings	0	(1)	0	(4)
Balance	(90)	(44)	(90)	(44)
Total
Balance	3,964	4,904	5,029	5,960
Changes in value	(20)	(16)	(21)	2
Amounts reclassified to earnings	0	6	(1)	13
Balance	4,898	5,431	4,898	5,431
Accumulated Other Comprehensive Income (Loss)
Total
Balance	(944)	(1,114)	(942)	(1,139)
Balance	(964)	(1,124)	(964)	(1,124)
Deferred income tax expense	285	285	285	285
Pension and Other Postretirement Liabilities
Before Tax
Balance	(834)	(1,068)	(847)	(1,102)
Changes in value	(1)	(19)	13	5
Amounts reclassified to earnings	0	7	(1)	17
Balance	(835)	(1,080)	(835)	(1,080)
Investments and Other
Before Tax
Balance	(14)	1	0	2
Changes in value	(25)	(1)	(39)	(2)
Amounts reclassified to earnings	0	0	0	0
Balance	$ (39)	$ 0	$ (39)	$ 0

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		9 Months Ended
Income Taxes (Details)	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Effective income tax rate	18.30%	21.60%	24.30%	23%

Employee Benefit Plans - Compon

Employee Benefit Plans - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 51	$ 59		$ 153	$ 179
Interest cost	47	46		141	138
Expected return on plan assets	(76)	(70)		(230)	(212)
Amortization of unrecognized (gain) loss	29	42		90	127
Amortization of prior service credit	0	0		0	0
Special termination benefits				0	0
Other	2	2		3	3
Total	53	79		157	235
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	2	2		6	7
Interest cost	8	6		23	19
Expected return on plan assets	0	0		(1)	(1)
Amortization of unrecognized (gain) loss	(3)	(7)		(10)	(21)
Amortization of prior service credit	(28)	(30)		(84)	(92)
Special termination benefits			$ 46	0	46
Other	0	0		0	0
Total	$ (21)	$ (29)		$ (66)	$ (42)

Employee Benefit Plans - Narrat

Employee Benefit Plans - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Other Postretirement Benefits
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Special termination benefits	$ 46,000	$ 0	$ 46,000
Employee Separation \| Voluntary Separation Leave Programs \| Full-Time Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
One-time per employee contribution for special termination benefits related to VSL programs	125		125
Employee Separation \| Voluntary Separation Leave Programs \| Part-Time Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
One-time per employee contribution for special termination benefits related to VSL programs	$ 75		$ 75

Financial Instruments and Fai_3

Financial Instruments and Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - Measured on a Recurring Basis - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	$ 11,258	$ 18,283
Restricted cash - current	61	37
Restricted cash - non-current	208	213
Equity securities	156	229
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	11,258	18,283
Restricted cash - current	61	37
Restricted cash - non-current	208	213
Equity securities	156	229
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	0	0
Restricted cash - current	0	0
Restricted cash - non-current	0	0
Equity securities	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	0	0
Restricted cash - current	0	0
Restricted cash - non-current	0	0
Equity securities	0	0
U.S. government and agency notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	6,954	2
U.S. government and agency notes \| Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
U.S. government and agency notes \| Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	6,954	2
U.S. government and agency notes \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	460	26
Asset-backed securities \| Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Asset-backed securities \| Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	460	26
Asset-backed securities \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Corporate debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	23	95
Corporate debt \| Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	0
Corporate debt \| Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	23	95
Corporate debt \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	$ 0	$ 0

Financial Instruments and Fai_4

Financial Instruments and Fair Value Measurements - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2022 USD ($) regional_carrier
Fair Value [Line Items]
Number of regional carriers invested in \| regional_carrier	2
Equity method investments	$ 183
Other Investment
Fair Value [Line Items]
Investment carrying value	$ 330
Corporate Debt \| Maximum
Fair Value [Line Items]
Available-for-sale securities remaining maturities	1 year

Financial Instruments and Fai_5

Financial Instruments and Fair Value Measurements - Carrying Values and Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	$ 31,445	$ 33,363
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	28,951	34,550
Level 1 \| Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	0	0
Level 2 \| Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	24,109	29,088
Level 3 \| Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	$ 4,842	$ 5,462

Commitments and Contingencies -

Commitments and Contingencies - Firm Commitments and Options to Purchase Aircraft (Details)	Sep. 30, 2022 commitment
Airbus A321XLR
Long-term Purchase Commitment [Line Items]
Number of Firm Commitments	50
Scheduled Aircraft Deliveries
Last Three Months of 2022	0
2023	0
After 2023	50
Airbus A321neo
Long-term Purchase Commitment [Line Items]
Number of Firm Commitments	70
Scheduled Aircraft Deliveries
Last Three Months of 2022	0
2023	12
After 2023	58
Airbus A350
Long-term Purchase Commitment [Line Items]
Number of Firm Commitments	45
Scheduled Aircraft Deliveries
Last Three Months of 2022	0
2023	0
After 2023	45
Boeing 737 MAX
Long-term Purchase Commitment [Line Items]
Number of Firm Commitments	353
Scheduled Aircraft Deliveries
Last Three Months of 2022	27
2023	121
After 2023	205
Boeing 787
Long-term Purchase Commitment [Line Items]
Number of Firm Commitments	7
Scheduled Aircraft Deliveries
Last Three Months of 2022	7
2023	0
After 2023	0

Commitments and Contingencies_2

Commitments and Contingencies - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2022 USD ($) commitment employee aircraft	Dec. 31, 2022 aircraft	Jul. 21, 2022 aircraft
Commitments and Contingencies [Line Items]
Loss contingency, loss in period	$ 94
Remaining term of debt	10 years
United Airlines, Inc.
Commitments and Contingencies [Line Items]
Number of employees \| employee	90,800
Percentage of employees represented by various U.S. labor organizations	85%
Tax-Exempt Special Facilities Revenue Bonds
Commitments and Contingencies [Line Items]
Aggregate principal amount of guarantee	$ 2,000
Aircraft Mortgage Debt
Commitments and Contingencies [Line Items]
Aggregate principal amount of guarantee	95
Floating Rate Debt
Commitments and Contingencies [Line Items]
Debt	$ 12,800
Loans and Leases from Non-U.S. Entities
Commitments and Contingencies [Line Items]
Remaining term of debt	10 years
Aggregate balance	$ 9,700
Boeing 787
Commitments and Contingencies [Line Items]
Number of aircraft expected to take delivery that are delayed \| aircraft	3
Number of aircraft committed to purchase \| commitment	7
Boeing 737 MAX
Commitments and Contingencies [Line Items]
Number of aircraft expected to take delivery that are delayed \| aircraft			15
Sale leaseback transaction, number of leased assets expected to be purchased in next fiscal year \| aircraft	8
Number of aircraft committed to purchase \| commitment	353
Boeing 737 MAX \| Forecast
Commitments and Contingencies [Line Items]
Number of aircraft expected to take delivery that are delayed \| aircraft		7
Bombardier CRJ550
Commitments and Contingencies [Line Items]
Number of aircraft committed to purchase \| commitment	8

Commitments and Contingencies_3

Commitments and Contingencies - Summary of Commitments (Details) - Capital Commitments $ in Millions	Sep. 30, 2022 USD ($)
Unrecorded Unconditional Purchase Obligation [Line Items]
Last three months of 2022	$ 3,000
2023	8,400
2024	6,900
2025	4,400
2026	3,400
After 2026	8,500
Total commitments	$ 34,600

Debt - Narrative (Details)

Debt - Narrative (Details) $ in Millions	9 Months Ended
Debt - Narrative (Details) $ in Millions	Sep. 30, 2022 USD ($)
Debt Instrument [Line Items]
Unamortized debt discount	$ 412
Secured Debt
Debt Instrument [Line Items]
Proceeds from Issuance of debt	$ 220
Stated interest rate	4%
Revolving Credit Facility \| United Airlines, Inc. \| Secured Debt
Debt Instrument [Line Items]
Available under revolving credit facility	$ 1,750

Debt - Contractual Principal Pa

Debt - Contractual Principal Payments (Details) - UAL And United $ in Millions	Sep. 30, 2022 USD ($)
Debt Instrument [Line Items]
Last three months of 2022	$ 759
2023	2,929
2024	3,908
2025	3,358
2026	5,148
After 2026	15,755
Long-term debt	$ 31,857

Special Charges (Credits) - Com

Special Charges (Credits) - Components of Special Charges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Other Income and Expenses [Abstract]
CARES Act grant	$ 0	$ (1,132)	$ 0	$ (4,021)
Severance and benefit costs	0	5	0	433
Impairment of assets	0	46	0	105
(Gains) losses on sale of assets and other special charges	20	(17)	124	60
Total operating special charges (credits)	20	(1,098)	124	(3,423)
Nonoperating unrealized (gains) losses on investments, net	(28)	34	12	(91)
Nonoperating debt extinguishment and modification fees	0	(12)	7	50
Nonoperating special termination benefits	0	0	0	46
Total nonoperating special charges and unrealized (gains) losses on investments, net	(28)	22	19	5
Total operating and nonoperating special charges (credits) and unrealized (gains) losses on investments, net	(8)	(1,076)	143	(3,418)
Income tax (benefit) expense, net of valuation allowance	(7)	274	(17)	768
Total operating and nonoperating special charges (credits) and unrealized (gains) losses on investments, net of income taxes	$ (15)	$ (802)	$ 126	$ (2,650)

Special Charges (Credits) - Nar

Special Charges (Credits) - Narrative (Details) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($) aircraft	Mar. 31, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($) aircraft employee
Restructuring Cost and Reserve [Line Items]
(Gains) losses on sale of assets and other special charges	$ 20,000	$ (17,000)		$ 124,000	$ 60,000
Loss contingency, loss in period				94,000
Nonoperating unrealized gains (losses)	28,000	(34,000)		(12,000)	91,000
Debt extinguishment costs				7,000
Government assistance received					5,800,000
Government assistance received through unsecured loans					1,700,000
Severance and benefit costs	0	5,000		0	433,000
Impairment of assets	0	46,000		0	105,000
Nonoperating debt extinguishment and modification fees	0	(12,000)		7,000	50,000
Nonoperating special termination benefits	0	$ 0		0	(46,000)
Embraer EMB 145LR
Restructuring Cost and Reserve [Line Items]
Impairment of assets					$ 59,000
Number of aircraft and related spare engines retired \| aircraft		64			64
Employee Separation \| Voluntary Separation Leave Programs
Restructuring Cost and Reserve [Line Items]
Number of employees electing to voluntarily separate from the company \| employee					4,500
Nonoperating special termination benefits					$ 46,000
Employee Separation \| Voluntary Separation Leave Programs \| Full-Time Employees
Restructuring Cost and Reserve [Line Items]
One-time per employee contribution for special termination benefits related to VSL programs			$ 125		125
Employee Separation \| Voluntary Separation Leave Programs \| Part-Time Employees
Restructuring Cost and Reserve [Line Items]
One-time per employee contribution for special termination benefits related to VSL programs			$ 75		75
Payroll Support Program 2 & 3 (PSP 2 & 3) Warrants
Restructuring Cost and Reserve [Line Items]
Issuance of warrants					99,000
PSP 2 & 3 Note
Restructuring Cost and Reserve [Line Items]
Grant income		$ 1,100,000			$ 4,000,000
Unsecured Debt
Restructuring Cost and Reserve [Line Items]
Long-term debt	$ 400,000			$ 400,000