SOUTHWEST AIRLINES CO

For the period ended Jun 30, 2026. Filed Jul 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.

Jun 30, 2026 · Filed Jul 23, 2026

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

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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)	June 30, 2026	December 31, 2025
Trade receivables	$78	$98
Credit card receivables	208	152
Business partners	750	739
Taxes receivable	—	6
Reinsurance receivable and losses recoverable	67	89
Other	115	65
Accounts and other receivables	$1,218	$1,149

(in millions)	June 30, 2026	December 31, 2025
Intangible assets, net	$296	$296
Equity securities	393	457
Prepaid maintenance	316	299
Other	70	60
Other assets	$1,075	$1,112

(in millions)	June 30, 2026	December 31, 2025
Accounts payable trade	$368	$389
Salaries, withholdings, and payroll taxes	540	563
Ticket taxes and fees	452	333
Aircraft maintenance payable	31	45
Fuel payable	232	157
Dividends payable	88	93
Third party services	165	201
Other payable	196	210
Accounts payable	$2,072	$1,991

(in millions)	June 30, 2026	December 31, 2025
Profit-sharing and savings plans	$162	$157
Vacation pay	710	684
Health	204	206
Workers' compensation	270	242
Property and income taxes	83	73
Interest	27	27
Deferred supplier credits	9	24
Bonus pay	88	147
Reinsurance payable and losses payable	139	175
Aircraft maintenance	71	85
Advances and deposits	134	142
Other	350	387
Accrued liabilities	$2,247	$2,349

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

(in millions)	June 30, 2026	December 31, 2025
Postretirement obligation	$321	$321
Other deferred compensation	443	512
Deferred co-brand revenue	408	429
Other	55	44
Other noncurrent liabilities	$1,227	$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 the disposition of assets, none of which individually exceeded 10 percent of Total operating expenses. For the three and six months ended June 30, 2026, gains on the disposition of assets totaled $105 million and $187 million, respectively.

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