Selected Quarterly Financial Data
2008 |
Quarter 1 |
Quarter 2 |
Quarter 3 |
Quarter 4 |
|---|---|---|---|---|
(Dollars in millions, unaudited) |
||||
Operating revenue |
$ 20,369 |
$ 18,916 |
$ 17,910 |
$ 17,737 |
Total operating expenses |
19,683 |
19,622 |
19,015 |
19,418 |
Income (loss) from operations |
686 |
(706) |
(1,105) |
(1,681) |
Interest income (expense) - net |
(14) |
(1) |
7 |
8 |
Net Income (loss) |
$672 |
$(707) |
$ (1,098) |
$ (1,673) |
2007 |
Quarter 1 |
Quarter 2 |
Quarter 3 |
Quarter 4 |
|---|---|---|---|---|
(Dollars in millions, unaudited) |
||||
Operating revenue |
$ 19,637 |
$ 18,277 |
$ 18,347 |
$ 18,517 |
Total operating expenses |
22,656 |
19,577 |
18,837 |
19,035 |
(Loss) from operations |
(3,019) |
(1,300) |
(490) |
(518) |
Interest income (expense) - net |
48 |
61 |
37 |
39 |
Net (Loss) |
$ (2,971) |
$ (1,239) |
$ (453) |
$ (479) |
Note: 2006 quarterly data was not prepared using the same standards and principles of those used in 2007 and 2008.
Therefore, it is not comparative to these years and would be misleading to include here.