Employee Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2012

Components Of Net Periodic Benefit Cost

Defined Benefit Pension and Other Postretirement Benefit Plans. The Company’s net periodic benefit cost includes the following components (in millions):

	Pension Benefits						Other Postretirement Benefits
	Three Months Ended September 30,						Three Months Ended September 30,
	2012			2011			2012			2011
UAL
Service cost	$	25		$	22		$	11		$	11
Interest cost		45			44			30			32
Expected return on plan assets		(33	)		(36	)		—			(1	)
Amortization of unrecognized (gain) loss and prior service cost		4			(5	)		—			—
Net periodic benefit costs	$	41		$	25		$	41		$	42
United
Service cost	$	2		$	2		$	8		$	8
Interest cost		2			2			27			29
Expected return on plan assets		(2	)		(3	)		—			(1	)
Amortization of unrecognized gain and prior service cost		(1	)		—			(1	)		—
Net periodic benefit costs	$	1		$	1		$	34		$	36
Continental
Service cost	$	23		$	20		$	3		$	3
Interest cost		43			42			3			3
Expected return on plan assets		(31	)		(33	)		—			—
Amortization of unrecognized (gain) loss and prior service cost		5			(5	)		1			—
Net periodic benefit costs	$	40		$	24		$	7		$	6

	Pension Benefits						Other Postretirement Benefits
	Nine Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
UAL
Service cost	$	75		$	66		$	37		$	35
Interest cost		137			133			93			95
Expected return on plan assets		(103	)		(105	)		(2	)		(2	)
Amortization of unrecognized (gain) loss and prior service cost		15			(17	)		(2	)		(1	)
Net periodic benefit costs	$	124		$	77		$	126		$	127
United
Service cost	$	6		$	5		$	26		$	25
Interest cost		6			7			82			85
Expected return on plan assets		(8	)		(8	)		(2	)		(2	)
Amortization of unrecognized gain and prior service cost		(1	)		(1	)		(3	)		—
Net periodic benefit costs	$	3		$	3		$	103		$	108
Continental
Service cost	$	69		$	61		$	11		$	10
Interest cost		131			126			11			10
Expected return on plan assets		(95	)		(97	)		—			—
Amortization of unrecognized (gain) loss and prior service cost		16			(16	)		1			(1	)
Net periodic benefit costs	$	121		$	74		$	23		$	19

Share-Based Compensation Expense

The table below presents information related to share-based compensation (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Share-based compensation expense (a)	$	18	$	13	$	44	$	40

	September 30, 2012	December 31, 2011
Unrecognized share-based compensation expense	$43	$43

(a) Includes $0 and $7 million of expense recognized in integration-related costs for the three and nine months ended September 30, 2012, respectively. Includes $3 million and $12 million of expense recognized in integration-related costs for the three and nine months ended September 30, 2011, respectively.