# SOUTHWEST AIRLINES CO. (LUV) FY2026 Q2 Balance Sheet

- Company: SOUTHWEST AIRLINES CO. (LUV)
- Period: As of 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-23, accession number 0000092380-26-000077
- Page: https://plicit.ai/financials/luv/fy2026-q2-balance-sheet
- Chart image: https://plicit.ai/charts/luv-fy2026-q2-balance-sheet-sankey.png

## Chart details

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.