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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table shows the components of accumulated other comprehensive loss:
(in millions)
Pension and Other Benefits Liabilities
Derivative Contracts(3)
Investments
Total
Balance at January 1, 2012
$
(6,288
)
$
(474
)
(4
)
$
(6,766
)
Changes in value (net of tax effect of $0)
(2,168
)
196

(3
)
(1,975
)
Reclassification into earnings (net of tax effect of $0)(1)
149

15


164

Balance at December 31, 2012
(8,307
)
(263
)
(7
)
(8,577
)
Changes in value (net of tax effect of $0)
2,760

296

(19
)
3,037

Reclassification into earnings (net of tax effect of $321)(1)
224

186


410

Balance at December 31, 2013(2)
(5,323
)
219

(26
)
(5,130
)
Changes in value (net of tax effect of $1,276)
(2,267
)
83

10

(2,174
)
Reclassification into earnings (net of tax effect of $4)(1)
73

(80
)

(7
)
Balance at December 31, 2014(2)
$
(7,517
)
$
222

$
(16
)
$
(7,311
)
 
(1) 
Amounts reclassified from AOCI for pension and other benefits liabilities are recorded in salaries and related costs in the Consolidated Statements of Operations. Amounts reclassified from AOCI for derivative contracts designated as foreign currency cash flow hedges and interest rate cash flow hedges are recorded in passenger revenue and interest expense, net, respectively, in the Consolidated Statements of Operations. Amounts reclassified from AOCI for investments are recorded in interest income in the Consolidated Statements of Operations.
(2) 
Includes $1.9 billion of deferred income tax expense, primarily related to pension obligations, that will not be recognized in net income until the pension obligations are fully extinguished, which is not expected to occur for at least 25 years.
(3) 
Included $321 million of deferred income tax expense that remained in AOCI until December 2013 when all amounts in AOCI that related to derivative contracts designated as fuel cash flow hedges were recognized in the Consolidated Statement of Operations.