SOUTHWEST AIRLINES CO

For the period ended Mar 31, 2026. Filed Apr 23, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed Apr 23, 2026

LUV$46.32+0.0%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

8. Supplemental Financial Information

Notes to Condensed Consolidated Financial Statements	Southwest Airlines Co.Notes to Condensed Consolidated Financial Statements(unaudited)

SUPPLEMENTAL FINANCIAL INFORMATION

(in millions)	March 31, 2026	December 31, 2025
Trade receivables	$171	$98
Credit card receivables	206	152
Business partners	725	739
Taxes receivable	6	6
Reinsurance receivable and losses recoverable	78	89
Other	68	65
Accounts and other receivables	$1,254	$1,149

(in millions)	March 31, 2026	December 31, 2025
Intangible assets, net	$296	$296
Equity securities	348	457
Prepaid maintenance	311	299
Other	66	60
Other assets	$1,021	$1,112

(in millions)	March 31, 2026	December 31, 2025
Accounts payable trade	$404	$389
Salaries, withholdings, and payroll taxes	559	563
Ticket taxes and fees	474	333
Aircraft maintenance payable	34	45
Fuel payable	208	157
Dividends payable	89	93
Third party services	205	201
Other payable	141	210
Accounts payable	$2,114	$1,991

(in millions)	March 31, 2026	December 31, 2025
Profit-sharing and savings plans	$109	$157
Vacation pay	697	684
Health	208	206
Workers' compensation	247	242
Property and income taxes	69	73
Interest	68	27
Deferred supplier credits	21	24
Bonus pay	39	147
Reinsurance payable and losses payable	155	175
Aircraft maintenance	56	85
Advances and deposits	127	142
Other	374	387
Accrued liabilities	$2,170	$2,349

Notes to Condensed Consolidated Financial Statements	Southwest Airlines Co.Notes to Condensed Consolidated Financial Statements(unaudited)

(in millions)	March 31, 2026	December 31, 2025
Postretirement obligation	$318	$321
Other deferred compensation	397	512
Deferred co-brand revenue	432	429
Other	50	44
Other noncurrent liabilities	$1,197	$1,306

Other Operating Expenses

Other operating expenses consist of aircraft rentals, distribution costs, advertising expenses, personnel expenses, professional fees, certain technology-related costs, other operating costs, and any gains or losses on asset sales, none of which individually exceeded 10 percent of Total operating expenses.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.