SOUTHWEST AIRLINES CO. (LUV) Payables and obligations
- Other obligations · latest quarter (USD): Value (m); Formula and calculation Total liabilities − borrowing debt − payables − total deferred revenue. Includes accruals, taxes, leases and other obligations; excludes the separately shown balances. Period ending 2026-06-30..
- Payables · latest quarter (USD): Value $2.07B; Formula and calculation Amounts owed to suppliers, reported accounts payable. Period ending 2026-06-30..
- Deferred revenue · latest quarter (USD): Value $8.18B; Formula and calculation Current and noncurrent customer contract obligations; payments received before revenue is earned. Period ending 2026-06-30..
- Other obligations · due within 1 year (USD): Value (m); Formula and calculation Reported other current liabilities. Excludes separately reported debt, payables and current deferred revenue. The saved current-quarter facts do not separately disclose taxes, payroll, leases or accruals. Period ending 2026-06-30..
Payables and obligations
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Other obligations · latest quarter (USD) | (m) | Total liabilities − borrowing debt − payables − total deferred revenue. Includes accruals, taxes, leases and other obligations; excludes the separately shown balances. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Payables · latest quarter (USD) | $2.07B | Amounts owed to suppliers, reported accounts payable. Period ending 2026-06-30. Reported amount: $2.07B |
| Deferred revenue · latest quarter (USD) | $8.18B | Current and noncurrent customer contract obligations; payments received before revenue is earned. Period ending 2026-06-30. $6.51B + $1.67B ≈ $8.18B |
| Other obligations · due within 1 year (USD) | (m) | Reported other current liabilities. Excludes separately reported debt, payables and current deferred revenue. The saved current-quarter facts do not separately disclose taxes, payroll, leases or accruals. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Other obligations · due after 1 year (USD) | $1.23B | Reported other noncurrent liabilities minus the noncurrent deferred revenue they include (total customer contract obligations − current portion); a separately reported noncurrent deferred revenue line is not deducted. The saved current-quarter facts do not separately disclose taxes, leases or other accruals. Period ending 2026-06-30. $1.23B − $0.00 ≈ $1.23B |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Total reported obligations | (m) | |
| Borrowing debt | (m) | Long-term Debt, Current Maturities · Long-term Debt, Excluding Current Maturities |
| Amounts owed to suppliers | 2.07B USD | Accounts Payable, Current |
| Total deferred revenue | 8.18B USD | Contract with Customer, Liability · Deferred Revenue · Contract with Customer, Liability, Current · Contract with Customer, Liability, Noncurrent |
| Deferred revenue due within one year | 6.51B USD | Contract with Customer, Liability, Current |
| Deferred revenue due after one year | 1.67B USD | Contract with Customer, Liability, Noncurrent · Contract with Customer, Liability · Deferred Revenue · Contract with Customer, Liability, Current |
| Reported other obligations due within one year | (m) | |
| Reported other noncurrent obligations | 1.23B USD | Other Liabilities, Noncurrent |
| Deferred revenue included in other noncurrent obligations | 0.00 USD | Contract with Customer, Liability · Deferred Revenue · Contract with Customer, Liability, Current |
Other obligations breakdown
- Other obligations · due within 1 year (USD)
- (m)
- Other obligations · due after 1 year (USD)
- $1.23B
Bonds and commercial paper are already included in Total debt. Other obligations include taxes, accrued expenses and operating/finance leases. Category amounts below are the issuer’s own tagged balances at the same quarter end; untagged categories are not shown.
| Category | Quarter ending 2026-06-30 |
|---|---|
| Operating lease obligations | $943.00M |
These categories are parts of the combined obligations, not additional deductions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Other obligations | Payables | Deferred revenue | Short-term obligations | Long-term obligations | Total reported obligations (USD) | Borrowing debt (USD) | Deferred revenue due within one year (USD) | Deferred revenue due after one year (USD) | Reported other noncurrent obligations (USD) | Deferred revenue included in other noncurrent obligations (USD) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $2.07B | $8.18B | (m) | $1.23B | (m) | (m) | $6.51B | $1.67B | $1.23B | $0.00 |
| 2026-03-31 | (m) | $2.11B | $8.25B | (m) | $1.20B | (m) | (m) | $7.05B | $1.20B | $1.20B | $0.00 |
| 2025-12-31 | (m) | $1.99B | $7.16B | (m) | $1.31B | (m) | (m) | $5.95B | $1.22B | $1.31B | $0.00 |
| 2025-09-30 | (m) | $1.71B | $8.13B | (m) | $1.14B | (m) | (m) | $6.86B | $1.26B | $1.14B | $0.00 |
| 2025-06-30 | (m) | $1.81B | $8.30B | (m) | $1.04B | (m) | (m) | $6.70B | $1.60B | $1.04B | $0.00 |
| 2025-03-31 | (m) | $1.93B | $8.90B | (m) | $923.00M | (m) | (m) | $7.06B | $1.84B | $923.00M | $0.00 |
| 2024-12-31 | (m) | $1.82B | $8.24B | (m) | $909.00M | (m) | (m) | $6.29B | $1.95B | $909.00M | $0.00 |
| 2024-09-30 | (m) | $1.52B | $8.70B | (m) | $933.00M | (m) | (m) | $6.74B | $1.96B | $933.00M | $0.00 |
| 2024-06-30 | (m) | $2.03B | $9.08B | (m) | $926.00M | (m) | (m) | $7.09B | $1.99B | $926.00M | $0.00 |
| 2024-03-31 | (m) | $1.95B | $9.39B | (m) | $937.00M | (m) | (m) | $7.64B | $1.75B | $937.00M | $0.00 |
| 2023-12-31 | (m) | $1.86B | $8.28B | (m) | $981.00M | (m) | (m) | $6.55B | $1.73B | $981.00M | $0.00 |
| 2023-09-30 | (m) | $1.74B | $9.00B | (m) | $880.00M | (m) | (m) | $7.25B | $1.75B | $880.00M | $0.00 |
| 2023-06-30 | (m) | $1.88B | $9.06B | (m) | $936.00M | (m) | (m) | $7.12B | $1.94B | $936.00M | $0.00 |
| 2023-03-31 | (m) | $1.73B | $9.20B | (m) | $936.00M | (m) | (m) | $7.22B | $1.98B | $936.00M | $0.00 |
| 2022-12-31 | (m) | $2.00B | $8.25B | (m) | $969.00M | (m) | (m) | $6.06B | $2.19B | $969.00M | $0.00 |
| 2022-09-30 | (m) | $1.55B | $8.43B | (m) | $1.06B | (m) | (m) | $6.37B | $2.06B | $1.06B | $0.00 |
| 2022-06-30 | (m) | $1.91B | $8.52B | (m) | $1.10B | (m) | (m) | $6.31B | $2.21B | $1.10B | $0.00 |
| 2022-03-31 | (m) | $1.65B | $8.61B | (m) | $1.16B | (m) | (m) | $6.41B | $2.20B | $1.16B | $0.00 |
| 2021-12-31 | (m) | $1.28B | $7.72B | (m) | $1.22B | (m) | (m) | $5.57B | $2.16B | $1.22B | $0.00 |
| 2021-09-30 | (m) | $1.23B | $8.24B | (m) | $1.10B | (m) | (m) | $5.75B | $2.48B | $1.10B | $0.00 |
| 2021-06-30 | (m) | $1.38B | $8.68B | (m) | $1.12B | (m) | (m) | $6.31B | $2.37B | $1.12B | $0.00 |
| 2021-03-31 | (m) | $1.09B | $4.62B | (m) | $1.12B | (m) | (m) | $4.91B | $2.83B | $1.12B | $0.00 |
| 2020-12-31 | (m) | $931.00M | $4.45B | (m) | $1.25B | (m) | (m) | $3.79B | $3.34B | $1.25B | $0.00 |
| 2020-09-30 | (m) | $980.00M | $4.19B | (m) | $1.23B | (m) | (m) | $3.95B | $3.14B | $1.23B | $0.00 |
| 2020-06-30 | (m) | $970.00M | $3.86B | (m) | $722.00M | (m) | (m) | $4.99B | $1.89B | $722.00M | $0.00 |
| 2020-03-31 | (m) | $1.04B | $3.56B | (m) | $694.00M | (m) | (m) | $5.04B | $1.18B | $694.00M | $0.00 |
| 2019-12-31 | (m) | $1.57B | $3.38B | (m) | (m) | (m) | (m) | (m) | (m) | $706.00M | (m) |
| 2019-09-30 | (m) | $1.27B | $3.34B | (m) | (m) | (m) | (m) | (m) | (m) | $644.00M | (m) |
| 2019-06-30 | (m) | $1.33B | $3.29B | (m) | (m) | (m) | (m) | (m) | (m) | $639.00M | (m) |
| 2019-03-31 | (m) | $1.41B | $3.17B | (m) | (m) | (m) | (m) | (m) | (m) | $608.00M | (m) |
| 2018-12-31 | (m) | $1.42B | $3.01B | (m) | (m) | (m) | (m) | (m) | (m) | $650.00M | (m) |
| 2018-09-30 | (m) | $1.22B | $2.95B | (m) | (m) | (m) | (m) | (m) | (m) | $748.00M | (m) |
| 2018-06-30 | (m) | $1.34B | $2.92B | (m) | (m) | (m) | (m) | (m) | (m) | $692.00M | (m) |
| 2018-03-31 | (m) | $1.24B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $706.00M | (m) |
| 2017-12-31 | (m) | $1.32B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $707.00M | (m) |
| 2017-09-30 | (m) | $1.12B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $713.00M | (m) |
| 2017-06-30 | (m) | $1.22B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $708.00M | (m) |
| 2017-03-31 | (m) | $1.21B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $703.00M | (m) |
| 2016-12-31 | (m) | $1.18B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $728.00M | (m) |
| 2016-09-30 | (m) | $1.02B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $661.00M | (m) |
| 2016-06-30 | (m) | $1.25B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $681.00M | (m) |
| 2016-03-31 | (m) | $1.15B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $703.00M | (m) |
| 2015-12-31 | (m) | $1.19B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $760.00M | (m) |
| 2015-09-30 | (m) | $1.24B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $931.00M | (m) |
| 2015-06-30 | (m) | $1.13B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $708.00M | (m) |
| 2015-03-31 | (m) | $1.15B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $1.09B | (m) |
| 2014-12-31 | (m) | $1.20B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $1.25B | (m) |
| 2014-09-30 | (m) | $1.19B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $658.00M | (m) |
| 2014-06-30 | (m) | $1.29B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $710.00M | (m) |
| 2014-03-31 | (m) | $1.30B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $726.00M | (m) |
| 2013-12-31 | (m) | $1.25B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $771.00M | (m) |
| 2013-09-30 | (m) | $1.13B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $1.20B | (m) |
| 2013-06-30 | (m) | $1.23B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $1.21B | (m) |
| 2013-03-31 | (m) | $1.25B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $1.15B | (m) |
| 2012-12-31 | (m) | $1.11B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $1.12B | (m) |
| 2012-09-30 | (m) | $1.14B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $1.11B | (m) |
| 2012-06-30 | (m) | $1.15B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $945.00M | (m) |
| 2012-03-31 | (m) | $1.21B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $924.00M | (m) |
| 2011-12-31 | (m) | $1.06B | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $910.00M | (m) |
| 2011-09-30 | (m) | $1.08K | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $926.00 | (m) |
| 2011-06-30 | (m) | $1.05K | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $838.00 | (m) |
| 2011-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $460.00M | (m) |
| 2010-12-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $465.00M | (m) |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $424.00M | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $490.00M | (m) |
| 2010-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $423.00M | (m) |
| 2009-12-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $493.00M | (m) |
| 2009-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $409.00M | (m) |
| 2009-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $481.00M | (m) |
| 2009-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $675.00M | (m) |
| 2008-12-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | $802.00M | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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