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Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2012
Debt Disclosure [Abstract]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
(in millions)
September 30,
2012
December 31,
2011
Total debt at par value
$
12,546

$
13,797

Unamortized discount, net
(566
)
(737
)
Net carrying amount
$
11,980

$
13,060

Fair value
$
12,800

$
13,600


Schedule of Long-term Debt Instruments [Table Text Block]
(in millions)
Total Principal
Fixed Interest Rate
Offering Completion Date
Final Maturity Date
Collateral
2012-1A
$
354

4.750%
July 2012
May 2020
31 aircraft
2012-1B
126

6.875%
July 2012
May 2019
31 aircraft(1)
 
$
480



 
 

(1) 
The B tranche certificates are secured by the same aircraft that secure the A tranche certificates.