Delta Airlines 2015 Annual Report Download - page 2

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TableofContents
Page
Forward-LookingStatements 1
PARTI
ITEM1.BUSINESS 2
General 2
Fuel 4
FrequentFlyerProgram 5
OtherBusinesses 5
DistributionandExpandedProductOfferings 5
Competition 6
RegulatoryMatters 7
EmployeeMatters 10
ExecutiveOfficersoftheRegistrant 11
AdditionalInformation 11
ITEM1A.RISKFACTORS 12
RiskFactorsRelatingtoDelta 12
RiskFactorsRelatingtotheAirlineIndustry 17
ITEM1B.UNRESOLVEDSTAFFCOMMENTS 18
ITEM2.PROPERTIES 19
FlightEquipment 19
GroundFacilities 20
ITEM3.LEGALPROCEEDINGS 21
ITEM4.MINESAFETYDISCLOSURES 21
PARTII
ITEM5.MARKETFORREGISTRANT'SCOMMONEQUITY,RELATEDSTOCKHOLDER
MATTERSANDISSUERPURCHASESOFEQUITYSECURITIES 22
ITEM6.SELECTEDFINANCIALDATA 24
ITEM7.MANAGEMENT'SDISCUSSIONANDANALYSISOFFINANCIALCONDITIONAND
RESULTSOFOPERATION 26
FinancialHighlights-2015Comparedto2014 26
CompanyInitiatives 26
ResultsofOperations-2015Comparedto2014 29
ResultsofOperations-2014Comparedto2013 32
Non-OperatingResults 35
IncomeTaxes 35
RefinerySegment 35
FinancialConditionandLiquidity 36
ContractualObligations 39
CriticalAccountingPoliciesandEstimates 40
SupplementalInformation 46
GlossaryofDefinedTerms 49
ITEM7A.QUANTITATIVEANDQUALITATIVEDISCLOSURESABOUTMARKETRISK 50
ITEM8.FINANCIALSTATEMENTSANDSUPPLEMENTARYDATA 52
ITEM9.CHANGESINANDDISAGREEMENTSWITHACCOUNTANTSONACCOUNTINGAND
FINANCIALDISCLOSURE 95
ITEM9A.CONTROLSANDPROCEDURES 95