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The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
Delta Air Lines Inc., Consolidated Income Statement
USD $ in millions
|12 months ended||Dec 31, 2017||Dec 31, 2016||Dec 31, 2015||Dec 31, 2014||Dec 31, 2013|
|Aircraft fuel and related taxes|
|Regional carrier expense|
|Aircraft maintenance materials and outside repairs|
|Landing fees and other rents|
|Cost of operating revenue|
|Salaries and related costs|
|Depreciation and amortization|
|Passenger commissions and other selling expenses|
|Restructuring and other|
|Interest expense, net|
|Non-operating expense, net|
|Income before income taxes|
|Income tax (provision) benefit|
|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.|
|Operating income||The net result for the period of deducting operating expenses from operating revenues.||Delta Air Lines Inc.'s operating income declined from 2015 to 2016 and from 2016 to 2017.|
|Income before income taxes||Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest.||Delta Air Lines Inc.'s income before income taxes declined from 2015 to 2016 and from 2016 to 2017.|
|Net income||The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes.||Delta Air Lines Inc.'s net income declined from 2015 to 2016 and from 2016 to 2017.|