Annual Report — Form 10-K Filing Table of Contents
Document/ExhibitDescriptionPagesSize
1: 10-K Annual Report HTML 1.83M
2: EX-4.1 Instrument Defining the Rights of Security Holders HTML 35K
7: EX-10.15B Material Contract HTML 35K
8: EX-10.21 Material Contract HTML 64K
3: EX-10.4B Material Contract HTML 98K
4: EX-10.7 Material Contract HTML 94K
5: EX-10.8A Material Contract HTML 168K
6: EX-10.8B Material Contract HTML 99K
9: EX-21.1 Subsidiaries List HTML 33K
10: EX-23.1 Consent of Expert or Counsel HTML 33K
11: EX-31.1 Certification -- §302 - SOA'02 HTML 34K
12: EX-31.2 Certification -- §302 - SOA'02 HTML 34K
13: EX-31.3 Certification -- §302 - SOA'02 HTML 34K
14: EX-32 Certification -- §906 - SOA'02 HTML 33K
21: R1 Cover HTML 94K
22: R2 Consolidated Balance Sheets HTML 158K
23: R3 Consolidated Balance Sheets (Parenthetical) HTML 52K
24: R4 Consolidated Statements of Operations HTML 123K
25: R5 Consolidated Statements of Comprehensive HTML 53K
(Loss)/Income
26: R6 Consolidated Statements of Cash Flows HTML 140K
27: R7 Consolidated Statements of Stockholders' Equity HTML 91K
28: R8 Consolidated Statements of Stockholders' Equity HTML 32K
(Parenthetical)
29: R9 Summary of Significant Accounting Policies HTML 89K
30: R10 Impact of the COVID-19 Pandemic HTML 82K
31: R11 Revenue Recognition HTML 106K
32: R12 Fair Value Measurements HTML 78K
33: R13 Investments HTML 75K
34: R14 Derivatives and Risk Management HTML 107K
35: R15 Goodwill and Intangible Assets HTML 64K
36: R16 Debt HTML 116K
37: R17 Leases HTML 165K
38: R18 Airport Redevelopment HTML 41K
39: R19 Employee Benefit Plans HTML 209K
40: R20 Commitments and Contingencies HTML 71K
41: R21 Income Taxes HTML 81K
42: R22 Equity and Equity Compensation HTML 40K
43: R23 Accumulated Other Comprehensive Loss HTML 61K
44: R24 Segments HTML 90K
45: R25 (Loss)/Earnings Per Share HTML 46K
46: R26 Summary of Significant Accounting Policies HTML 121K
(Policies)
47: R27 Summary of Significant Accounting Policies HTML 70K
(Tables)
48: R28 Impact of the COVID-19 Pandemic (Tables) HTML 55K
49: R29 Revenue Recognition (Tables) HTML 84K
50: R30 Fair Value Measurements (Tables) HTML 66K
51: R31 Investments (Tables) HTML 56K
52: R32 Derivatives and Risk Management (Tables) HTML 119K
53: R33 Goodwill and Intangible Assets (Tables) HTML 58K
54: R34 Debt (Tables) HTML 106K
55: R35 Leases (Tables) HTML 107K
56: R36 Employee Benefit Plans (Tables) HTML 199K
57: R37 Commitments and Contingencies (Tables) HTML 62K
58: R38 Income Taxes (Tables) HTML 79K
59: R39 Accumulated Other Comprehensive Loss (Tables) HTML 60K
60: R40 Segments (Tables) HTML 83K
61: R41 (Loss)/Earnings Per Share (Tables) HTML 44K
62: R42 Summary of Significant Accounting Policies - HTML 60K
Narrative (Details)
63: R43 Summary of Significant Accounting Policies - HTML 61K
Property and Equipment, net (Details)
64: R44 Summary of Significant Accounting Policies - Cash, HTML 45K
Cash Equivalents, and Restricted Cash
Reconciliation (Details)
65: R45 Impact of the COVID-19 Pandemic - Narrative HTML 92K
(Details)
66: R46 Impact of the COVID-19 Pandemic - Restructuring HTML 40K
Charges by Category (Details)
67: R47 Impact of the COVID-19 Pandemic - Fleet HTML 55K
Retirements by Aircraft Type (Details)
68: R48 Impact of the COVID-19 Pandemic - Government HTML 96K
Support Programs (Details)
69: R49 Revenue Recognition - Passenger Revenue (Details) HTML 44K
70: R50 Revenue Recognition - Narrative (Details) HTML 50K
71: R51 Revenue Recognition - Loyalty Program Liability HTML 41K
(Details)
72: R52 Revenue Recognition - Revenue by Geographic Region HTML 51K
(Details)
73: R53 Revenue Recognition - Other Revenue (Details) HTML 45K
74: R54 Fair Value Measurements - Fair Value Measurements HTML 76K
on a Recurring Basis (Details)
75: R55 Investments - Narrative (Details) HTML 159K
76: R56 Investments - Fair Value Investments (Details) HTML 43K
77: R57 Investments - Equity Method Investments (Details) HTML 39K
78: R58 Derivatives and Risk Management - Narrative HTML 51K
(Details)
79: R59 Derivatives and Risk Management - Hedge Position HTML 93K
(Details)
80: R60 Derivatives and Risk Management - Balance Sheet HTML 41K
Location of Hedged Item (Details)
81: R61 Derivatives and Risk Management - Offsetting HTML 47K
Assets and Liabilities (Details)
82: R62 Derivatives and Risk Management - Not Designated HTML 40K
Hedge Gains (Losses) (Details)
83: R63 Goodwill and Intangible Assets - Valuation of HTML 62K
Goodwill and Indefinite-Lived Intangible (Details)
84: R64 Goodwill and Intangible Assets - Definite-Lived HTML 42K
Intangible Assets (Details)
85: R65 Goodwill and Intangible Assets - Narrative HTML 45K
(Details)
86: R66 Debt - Summary of Debt (Details) HTML 118K
87: R67 Debt - Narrative (Details) HTML 176K
88: R68 Debt - 2020-1 EETC (Details) HTML 49K
89: R69 Debt - Fair Value of Debt (Details) HTML 35K
90: R70 Debt - Future Maturities (Details) HTML 67K
91: R71 Leases - Narrative (Details) HTML 80K
92: R72 Leases - Lease Position (Details) HTML 64K
93: R73 Leases - Lease Costs (Details) HTML 48K
94: R74 Leases - Other Information (Details) HTML 37K
95: R75 Leases - Undiscounted Cash Flows (Details) HTML 79K
96: R76 Airport Redevelopment (Details) HTML 69K
97: R77 Employee Benefit Plans - Benefit Obligations, Fair HTML 88K
Value of Plan Assets and Funded Status (Details)
98: R78 Employee Benefit Plans - Balance Sheet Position HTML 57K
(Details)
99: R79 Employee Benefit Plans - Net Periodic (Benefit) HTML 66K
Cost (Details)
100: R80 Employee Benefit Plans - Assumptions Used to HTML 49K
Determine Benefit Obligation and Net Periodic
Benefit Cost (Details)
101: R81 Employee Benefit Plans - Expected Benefit Payments HTML 48K
(Details)
102: R82 Employee Benefit Plans - Benefit Plan Assets HTML 62K
Measured at Fair Value on Recurring Basis
(Details)
103: R83 Employee Benefit Plans - Investments Measured at HTML 62K
NAV (Details)
104: R84 Employee Benefit Plans - Narrative (Details) HTML 85K
105: R85 Commitments and Contingencies - Aircraft Purchase HTML 52K
Commitments and Contract Carrier Minimum
Obligations (Details)
106: R86 Commitments and Contingencies - Aircraft Purchase HTML 49K
Commitments by Fleet Type (Details)
107: R87 Commitments and Contingencies - Narrative HTML 54K
(Details)
108: R88 Commitments and Contingencies - Employees Under HTML 40K
Collective Bargaining Agreements (Details)
109: R89 Commitments and Contingencies - Employees Under HTML 36K
Collective Bargaining Agreements Narrative
(Details)
110: R90 Income Taxes - Components of Income Tax Benefit HTML 49K
(Provision) (Details)
111: R91 Income Taxes - Effective Income Tax Rate HTML 43K
Reconciliation (Details)
112: R92 Income Taxes - Deferred Taxes (Details) HTML 70K
113: R93 Income Taxes - Narrative (Details) HTML 38K
114: R94 Equity and Equity Compensation (Details) HTML 70K
115: R95 Accumulated Other Comprehensive Loss (Details) HTML 80K
116: R96 Segments - Narrative (Details) HTML 41K
117: R97 Segments - Schedule of Segment Reporting (Details) HTML 72K
118: R98 (Loss)/Earnings Per Share (Details) HTML 58K
120: XML IDEA XML File -- Filing Summary XML 211K
20: XML XBRL Instance -- dal-20201231_htm XML 4.41M
119: EXCEL IDEA Workbook of Financial Reports XLSX 181K
16: EX-101.CAL XBRL Calculations -- dal-20201231_cal XML 375K
17: EX-101.DEF XBRL Definitions -- dal-20201231_def XML 1.47M
18: EX-101.LAB XBRL Labels -- dal-20201231_lab XML 2.91M
19: EX-101.PRE XBRL Presentations -- dal-20201231_pre XML 1.84M
15: EX-101.SCH XBRL Schema -- dal-20201231 XSD 310K
121: JSON XBRL Instance as JSON Data -- MetaLinks 630± 899K
122: ZIP XBRL Zipped Folder -- 0000027904-21-000003-xbrl Zip 804K
‘EX-4.1’ — Instrument Defining the Rights of Security Holders
PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934
As of February 12, 2021, Delta Air Lines, Inc. (the “Company”) has one class of securities, our common stock, registered under Section 12 of the Securities Exchange Act of 1934, as amended.
DESCRIPTION
OF COMMON STOCK
The following description of our common stock is a summary and does not purport to be complete. It is subject to and qualified in its entirety by reference to our Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) and our Amended and Restated Bylaws (the “Bylaws”), each of which is incorporated by reference as an exhibit to the Annual Report on Form 10-K of which this Exhibit 4.1 is a part. We encourage you to read
our Certificate of Incorporation, our Bylaws and the applicable provisions of the General Corporation Law of the State of Delaware (“DGCL”) for additional information.
Authorized Shares of Capital Stock
Our authorized capital stock consists of 1,500,000,000 shares of common stock, par value $0.0001 per share, and 500,000,000 shares of preferred stock, with a par value of $0.0001 per share.
Voting Rights
Holders of common stock are entitled to one vote for each share held in their name on all matters submitted to a vote of stockholders and do not have preemptive rights or cumulative
voting rights. Except as otherwise set forth in the Bylaws, each director will be elected by the vote of a majority of the votes cast with respect to the director at any meeting for the election of directors at which a quorum is present; however, if the number of director nominees exceeds the number of directors to be elected, the directors will be elected by the vote of a plurality of the shares represented in person or by proxy at any meeting and entitled to vote on the election of directors. Except as otherwise provided by law, the Certificate of Incorporation or the Bylaws, the affirmative vote of the holders of a majority of the voting power of the
Company’s common stock present and entitled to vote at any meeting at which a quorum is present will be the act of the Company’s stockholders on any other matters.
Dividends
Subject to the rights of the holders of any shares of preferred stock that may at the time be outstanding, the holders of shares of common stock are entitled to receive such dividends, if any, as may be declared from time to time by the Company’s Board of Directors out of funds legally available for payment of dividends.
Liquidation Rights
If the Company is liquidated, the holders
of shares of common stock are entitled to share ratably in the distribution remaining after payment of debts and expenses and of the amounts to be paid on liquidation to the holders of shares of preferred stock.
Foreign Ownership Limitation
The Certificate of Incorporation limits the total number of shares of equity securities held by all persons who fail to qualify as citizens of the United States to no more than 24.9% of the voting power of the
Company’s outstanding equity securities. In the event that this threshold is exceeded, the number of votes such holders will be entitled
to vote shall be reduced pro rata by such amount so that their aggregate voting power equals this threshold amount. The Certificate of Incorporation provides that the Company may require a certification from holders of its common stock as to the amount of equity securities held by holders who are not citizens of the United States
Certain Anti-takeover Provisions
The Company is subject to the “business combination” provisions of Section 203 of the DGCL. In general, such provisions prohibit a publicly held Delaware corporation from engaging in various “business combination” transactions with any interested stockholder for
a period of three years after the date of the transaction in which the person became an interested stockholder, unless the business combination is approved in a prescribed manner. A “business combination” is defined to include mergers, asset sales and other transactions resulting in financial benefit to an interested stockholder. In general, an “interested stockholder” is a person who, together with affiliates and associates, owns (or within three years, did own) 15% or more of a corporation’s voting stock. The statute could prohibit or delay mergers or other takeover or change in control attempts with respect to the Company and, accordingly, may discourage attempts to acquire the Company even though such a transaction may offer the
Company’s stockholders the opportunity to sell their stock at a price above the prevailing market price.
Listing
Our common stock is listed on the New York Stock Exchange ("NYSE") under the trading symbol DAL.
Dates Referenced Herein and Documents Incorporated by Reference
