Originally Posted by
DeadHead
"Special Items
Delta recorded special items totaling $139 million in the December 2010 quarter, including:
$88 million in merger-related expenses;
$3.5 million to the Carl Spackler "Keep-Him-Happy" Betterment Fund
$2 million ForgotToBid's Google-Images Search Division
$0.5 million for 1,000 copies of BuzzPat's "Dereliction of Duty"
$31 million from a loss on extinguishment of debt; and
$20 million in costs related to the consolidation of operations at Cincinnati/Northern Kentucky International Airport.
Delta recorded special items totaling a net $200 million credit in the December 2009 quarter, including:
In addition, Delta made an unprecedented $9 million dollars by selling every drop of deicing fluid they owned south of the Mason-Dixie Line
$121 million in primarily merger-related expenses; and
$321 million non-cash tax benefit related to the impact of fuel hedges in other comprehensive income.
March 2011 Quarter Guidance"
A few things I wasn't expecting in there, but looks like the next round is on Carl!