| Northwest
Airlines Corp |
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| All units in Millions or
Millions USD |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
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| Income Statement |
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| Passenger Revenue |
10,144 |
8,898 |
8,512 |
8,492 |
9,515 |
10,237 |
10,629 |
10,833 |
11,585 |
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| Regional Affiliate
Revenue |
679 |
691 |
689 |
860 |
1,083 |
1,335 |
1,399 |
1,405 |
2,000 |
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| Total Revenue |
11,731 |
10,386 |
9,976 |
10,077 |
11,279 |
12,286 |
12,568 |
12,528 |
13,570 |
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| Wages Salaries &
Benefits |
3,610 |
3,963 |
3,878 |
3,905 |
3,796 |
3,721 |
2,662 |
2,568 |
2,698 |
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| Aircraft Fuel Expense |
1,872 |
1,727 |
1,439 |
1,554 |
2,203 |
3,132 |
3,386 |
3,378 |
5,670 |
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| Depreciation &
Amortization |
617 |
690 |
903 |
586 |
731 |
552 |
519 |
495 |
1,145 |
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| Net Interest Expense |
350 |
369 |
427 |
475 |
543 |
610 |
565 |
507 |
502 |
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| Operating Expense |
11,162 |
11,254 |
10,822 |
10,342 |
11,784 |
13,205 |
11,828 |
11,424 |
19,136 |
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| Operating Income (Loss) |
569 |
(868) |
(846) |
(265) |
(505) |
(919) |
740 |
1,104 |
(5,564) |
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| Pretax Income (Loss) |
435 |
(671) |
(1,220) |
218 |
(861) |
(2,457) |
(2,864) |
2,315 |
(6,213) |
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| Net Income (Loss) |
256 |
(423) |
(798) |
248 |
(862) |
(2,533) |
(2,835) |
2,093 |
(6,001) |
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| Balance Sheet Asset |
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| Cash & Short-term
Investment |
693 |
2,512 |
2,097 |
2,757 |
2,459 |
1,262 |
2,058 |
3,034 |
2,117 |
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| Restricted Cash &
Short-term Investments |
35 |
100 |
100 |
126 |
156 |
600 |
424 |
725 |
196 |
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| Total Current Assets |
2,014 |
3,810 |
3,510 |
3,836 |
3,578 |
2,993 |
3,566 |
5,037 |
4,013 |
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| Total Assets |
10,877 |
12,975 |
13,184 |
14,008 |
14,042 |
13,083 |
13,125 |
24,517 |
20,198 |
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| Balance Sheet Liabilities |
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| Air Traffic Liability |
1,307 |
1,275 |
1,216 |
1,272 |
1,422 |
1,586 |
1,557 |
2,004 |
2,002 |
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| Current Liability |
3,518 |
4,146 |
4,272 |
4,279 |
4,497 |
2,790 |
3,211 |
4,104 |
4,786 |
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| Long-term Debt &
Capital Lease Obligations, Less Current Maturities |
3,545 |
5,221 |
6,636 |
7,552 |
8,023 |
1,085 |
3,899 |
6,639 |
5,766 |
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| Pension & Post
Retirement Benefits |
882 |
1,749 |
3,050 |
3,228 |
3,593 |
126 |
86 |
3,638 |
5,476 |
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| Retained Earnings
(Accumulated deficit) |
(94) |
(518) |
(1,316) |
(1,083) |
(1,999) |
(4,548) |
(7,384) |
342 |
(539) |
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| Total Stockholder Equity
(deficit) |
231 |
(431) |
(2,262) |
(2,011) |
(3,087) |
(5,628) |
(7,991) |
7,377 |
1,427 |
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| Cash Flow Statement |
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| Net Cash Provided by
(Used in) Operating Activity |
893 |
646 |
(284) |
375 |
276 |
(437) |
1,224 |
1,371 |
(418) |
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| Net Cash Provided by
(Used in) Investing Activities |
(579) |
(730) |
(1,780) |
(2,001) |
(473) |
609 |
(328) |
(396) |
(879) |
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| Net Cash Provided by
(Used in) Financing activities |
(370) |
1,903 |
1,421 |
903 |
(242) |
(196) |
(140) |
498 |
426 |
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| Payments on Long-term
Debt and Capital Lease Obligation |
(1,328) |
(217) |
(259) |
(350) |
(1,734) |
(622) |
(2,386) |
(1,256) |
(1,028) |
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| Proceeds from Issuance of
Long-term Debt |
614 |
2,102 |
1,740 |
1,359 |
1,512 |
448 |
2,281 |
1,036 |
1,269 |
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| Net Increase (Decrease)
in Cash |
(56) |
1,819 |
(643) |
(723) |
(439) |
(23) |
777 |
1,478 |
(871) |
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| Operating Statistics |
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| Regional Passengers |
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9 |
10 |
12 |
14 |
13 |
13 |
0 |
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| Regional ASM |
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3,961 |
5,618 |
7,213 |
8,686 |
7,341 |
7,186 |
10,639 |
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| Regional RPM |
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2,697 |
3,556 |
4,818 |
6,094 |
5,438 |
5,396 |
7,935 |
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| Mainline Passengers |
59 |
54 |
53 |
52 |
55 |
57 |
55 |
54 |
0 |
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| Mainline ASM |
103,356 |
98,356 |
93,417 |
88,593 |
91,378 |
91,775 |
85,603 |
86,142 |
83,902 |
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| Mainline RPM |
79,128 |
73,126 |
72,027 |
68,476 |
73,312 |
75,820 |
72,606 |
72,924 |
71,247 |
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| Data Source: SEC 10K Filings |
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