Analysis of Revenues
Difficulty: Advanced
Revenues as Reported
Delta Air Lines Inc., Income Statement, Revenues
USD $ in millions
| 12 months ended | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
|---|---|---|---|---|---|---|
| Airline | 40,742 | 39,406 | 40,398 | 40,217 | 37,773 | |
| Refinery | 5,039 | 3,843 | 4,741 | 6,959 | 7,003 | |
| Sales to airline segment | (886) | (695) | (990) | (1,313) | (1,156) | |
| Exchanged products | (3,240) | (2,658) | (3,108) | (5,104) | (5,352) | |
| Sales of refined products | (411) | (257) | (337) | (397) | (495) | |
| Intersegment sales/Other | (4,537) | (3,610) | (4,435) | (6,814) | (7,003) | |
| Operating revenue | 41,244 | 39,639 | 40,704 | 40,362 | 37,773 |
Source: Delta Air Lines Inc. Annual Reports
| Item | Description | The company |
|---|---|---|
| Operating revenue | Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. | Delta Air Lines Inc.'s operating revenue declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level. |