Southwest Airlines Co (Southwest Airlines Co) Accumulated Depreciation

: $-14,443 Mil (As of Dec. 2023)

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Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Southwest Airlines Co's quarterly accumulated depreciation increased from Jun. 2023 ($-14,159 Mil) to Sep. 2023 ($-14,389 Mil) and increased from Sep. 2023 ($-14,389 Mil) to Dec. 2023 ($-14,443 Mil).

Southwest Airlines Co's annual accumulated depreciation increased from Dec. 2021 ($-12,732 Mil) to Dec. 2022 ($-13,642 Mil) and increased from Dec. 2022 ($-13,642 Mil) to Dec. 2023 ($-14,443 Mil).

Southwest Airlines Co Accumulated Depreciation Historical Data

The historical data trend for Southwest Airlines Co's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Southwest Airlines Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-10,688.00

-11,743.00

-12,732.00

-13,642.00

-14,443.00

Southwest Airlines Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation																-13,642.00	-13,878.00	-14,159.00	-14,389.00	-14,443.00

Southwest Airlines Co Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Southwest Airlines Co Accumulated Depreciation Related Terms

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Southwest Airlines Co (Southwest Airlines Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Southwest Airlines Co (NYSE:LUV) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

LUV:Mexico SWN:Germany SWN:Germany S1OU34:Brazil LUV:Austria

Address

P.O. Box 36611, Dallas, TX, USA, 75235-1611

Website

https://www.southwest.com

Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.

Executives

Roy Blunt	director	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Elaine Mendoza	director	2223 POSTOAK COURT, SAN ANTONIO TX 78248
Eduardo F Conrado	director	1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196
Ryan C. Green	officer: EVP, Chief Commercial Officer	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Jill A. Soltau	director	123 SOUTH FRONT STREET, MEMPHIS TN 38103
John T Montford	director	C/O SOUTHWEST AIRLINES CO, 2702 LOVE FIELD DR PO BOX 36611, DALLAS TX 75235-1611
Christopher P. Reynolds	director	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
David P Hess	director	390 PARK AVENUE, NEW YORK NY 10022
Thomas W. Gilligan	director	C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Linda B. Rutherford	officer: EVP People and Communications	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Robert E Jordan	officer: EVP - Strategy and Planning	C/O SOUTHWEST AIRLINES CO., 2702 LOVE FIELD DRIVE, DALLAS TX 75235
Gregory D Wells	officer: EVP, Daily Operations	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Alan Kasher	officer: EVP Daily Operations	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Mark R Shaw	officer: SVP,Gen Counsel,Corp.Secretary	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Tammy Romo	officer: SR VP Finance & CFO	C/O SOUTHWEST AIRINES CO., 2702 LOVE FIELD DR., DALLAS TX 75235