Delta Airlines 2015 Annual Report Download - page 72
Download and view the complete annual report
Please find page 72 of the 2015 Delta Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1
-
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
TableofContents
Income Taxes
Weaccountfordeferredincometaxesundertheliabilitymethod.Werecognizedeferredtaxassetsandliabilitiesbasedonthetaxeffectsoftemporary
differencesbetweenthefinancialstatementandtaxbasisofassetsandliabilities,asmeasuredbycurrentenactedtaxrates.Deferredtaxassetsandliabilitiesare
recordednetasnoncurrentdeferredincometaxes.Avaluationallowanceisrecordedtoreducedeferredtaxassetswhennecessary.
Manufacturers' Credits
Weperiodicallyreceivecreditsinconnectionwiththeacquisitionofaircraftandengines.Thesecreditsaredeferreduntiltheaircraftandenginesaredelivered,
andthenappliedasareductiontothecostoftherelatedequipment.
Maintenance Costs
Werecordmaintenancecoststoaircraftmaintenancematerialsandoutsiderepairs.Maintenancecostsareexpensedasincurred,exceptforcostsincurredunder
power-by-the-hourcontracts,whichareexpensedbasedonactualhoursflown.Power-by-the-hourcontractstransfercertainrisktothird-partyserviceprovidersand
fixtheamountwepayperflighthourtotheserviceproviderinexchangeformaintenanceandrepairsunderapredefinedmaintenanceprogram.Modificationsthat
enhancetheoperatingperformanceorextendtheusefullivesofairframesorenginesarecapitalizedandamortizedovertheremainingestimatedusefullifeofthe
assetortheremainingleaseterm,whicheverisshorter.
Advertising Costs
Weexpenseadvertisingcostsinpassengercommissionsandothersellingexpensesintheyearincurred.Advertisingexpensewasapproximately$225million
fortheyearsendedDecember31,2015,2014and2013,respectively.
Commissions
Passengersalescommissionsarerecognizedinoperatingexpensewhentherelatedrevenueisrecognized.
66