SOUTHWEST AIRLINES CO. (LUV) FY2026 Q2 Balance Sheet

SOUTHWEST AIRLINES CO. (LUV) FY2026 Q2 Balance Sheet

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

Assets

30,122,000,000 US dollars

Current assets

6,482,000,000 US dollars

Non-current assets

23,640,000,000 US dollars

Liabilities (calculated)

23,040,000,000 US dollars

Current liabilities

13,268,000,000 US dollars

Non-current liabilities

9,772,000,000 US dollars

Equity

7,082,000,000 US dollars

Flight equipment

26,198,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.

Ground property and equipment

9,485,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.

Deposits on flight equipment purchase contracts

616,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.

Assets constructed for others

88,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.

Less allowance for depreciation and amortization

negative 15,745,000,000 US dollars. Part of Property and equipment, net, drawn as one net amount.

Cash and cash equivalents

3,791,000,000 US dollars

Accounts and other receivables

1,218,000,000 US dollars

Inventories of parts and supplies, at cost

917,000,000 US dollars

Prepaid expenses and other current assets

556,000,000 US dollars

Property and equipment, net

20,642,000,000 US dollars

Other assets

1,075,000,000 US dollars

Goodwill

970,000,000 US dollars

Operating lease right-of-use assets

953,000,000 US dollars

Air traffic liability

6,510,000,000 US dollars

Accrued liabilities

2,247,000,000 US dollars

Current maturities of long-term debt

2,156,000,000 US dollars

Accounts payable

2,072,000,000 US dollars

Current operating lease liabilities

283,000,000 US dollars

Long-term debt less current maturities

3,790,000,000 US dollars

Deferred income taxes

2,421,000,000 US dollars

Air traffic liability - noncurrent

1,674,000,000 US dollars

Other noncurrent liabilities

1,227,000,000 US dollars

Noncurrent operating lease liabilities

660,000,000 US dollars

Retained earnings

16,672,000,000 US dollars

Capital in excess of par value

4,294,000,000 US dollars

Common stock

888,000,000 US dollars

Accumulated other comprehensive income (loss)

22,000,000 US dollars

Treasury stock, at cost

negative 14,794,000,000 US dollars

Gross equity (calculated)

21,876,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.