The financial statements and notes to the financial statements for Delta Air Lines and Southwest...
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Accounting
The financial statements and notes to the financial statements for Delta Air Lines and Southwest Airlines can be found online. Use information found in the companies financial reports to answer the following questions.
What did Southwest report in 2017 as its future minimum annual rental commitments under non-cancelable leases? (Enter answers in millions.)
Capital
Operating
2018
$
million
$
million
2019
million
million
2020
million
million
2021
million
million
2022
million
million
Later years
million
million
$
million
$
million
eTextbook and Media
At year-end 2017, what was the present value of the minimum rental payments under Southwests capital leases? How much imputed interest was deducted from the future minimum annual rental commitments to arrive at the present value? (Enter answers in millions.)
Present value
$ million
Imputed interest
$ million
eTextbook and Media
What were the amounts and details reported by Southwest for rental expense in 2017, 2016, and 2015? (Enter answers in millions.)
2017
2016
2015
Rental expense
$ million
$ million
$ million
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