Financial Instruments And Risk Management (Tables)

12 Months Ended

Dec. 31, 2013

Derivative [Line Items]

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location

The impact of aircraft fuel derivative instruments (all cash flow hedges) on the Company’s Consolidated Statements of Operations is depicted below (in millions):

	Location in Consolidated Statements of Operations	Year Ended December 31,
		2013			2012		2011
Amount of Gain (Loss) Reclassified from Accumulated OCI into Income 1	Aircraft fuel	$	(34	)	$	3	$	313
Amount of Gain (Loss) Recognized in Income on Derivative 2	Aircraft fuel	22			1		28
Amount of Gain (Loss) Recognized in Consolidated Statements of Operations 3	Aircraft fuel	$	(12	)	$	4	$	341

(1)    Includes the effective portion of hedge gain (loss)

(2)    Includes the ineffective portion of hedge gain (loss)

(3)    Includes the effective and ineffective portion of hedge gain (loss)

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The impact of aircraft fuel derivative instruments (all cash flow hedges) on the Company’s Consolidated Statements of Comprehensive Income is depicted below (in millions):

	Location	Year Ended December 31,
		2013			2012			2011
Amount of (Gain) Loss Reclassified from Accumulated OCI into Income 1	Reclassification into Earnings	$	34		$	(3	)	$	(313	)
Amount of Gain (Loss) Recognized in OCI on Derivative 1	Change in Fair Value	(2		)	(12		)	190
Amount of Gain (Loss) Recognized in Consolidated Statements of Comprehensive Income		$	32		$	(15	)	$	(123	)

(1)    Includes the effective portion of hedge gain (loss)

Derivatives Offsetting Disclosures

While certain of the Company's fuel derivatives are subject to enforceable master netting agreements with its counterparties, the Company does not offset its fuel derivative assets and liabilities in its Consolidated Balance Sheets. Certain of these agreements would also allow for the offsetting of fuel derivatives with interest rate derivatives. The impact of aircraft fuel derivative instruments (all cash flow hedges) on the Company's Consolidated Balance Sheets, and the impact of offsetting aircraft fuel derivative instruments, is depicted below (in millions):

	As of December 31,
	2013		2012
Gross Asset 1	$	109	$	65
Gross Liability 2	—		—
Net Recognized Asset (Liability) in Balance Sheet	109		65
Gross Asset (Liability) Offset in Balance Sheet:
Financial Instruments	—		—
Cash Collateral Received (Posted) 3	—		—
Net Amount	$	109	$	65

(1) Fuel derivative assets are included in Fuel derivative contracts on the accompanying Consolidated Balance Sheets.

(2) Fuel derivative liabilities are included in Accrued liabilities on the accompanying Consolidated Balance Sheets.

(3) As of December 31, 2013, the Company had posted cash collateral of an immaterial amount.

Summary Of Carrying Value And Estimated Fair Values Of Long-Term Debt

The carrying value and estimated fair values of the Company’s long-term debt, including current maturities, not classified as subject to compromise, were (in millions):

	December 31, 2013				December 31, 2012
	Carrying Value		Fair Value		Carrying Value		Fair Value
Secured variable and fixed rate debt	$	2,111	$	2,116	$	3,297	$	3,143
Enhanced equipment trust certificates	3,516		3,617		1,741		1,811
6.0%-8.5% special facility revenue bonds	1,282		1,358		1,313		1,308
7.5% senior secured notes	1,000		1,034		1,000		1,074
Senior secured credit facility due 2019 (rate of 4.75% at December 31, 2013)	1,882		1,896		—		—
AAdvantage Miles advance purchase	611		617		772		779
Other secured obligations, fixed interest rates ranging from 5.20% to 12.20%, maturing from 2014 - 2035	380		380		412		412
US Airways long-term debt, net	6,017		6,017		—		—
	$	16,799	$	17,035	$	8,535	$	8,527

The carrying value and estimated fair value of the Company’s long-term debt, including current maturities, classified as subject to compromise, were (in millions):

	December 31, 2012
	Carrying Value		Fair Value
Secured variable and fixed rate debt	$	172	$	154
6.0%-8.5% special facility revenue bonds	186		186
Convertible notes	460		400
Debentures	214		112
Notes	166		33
	$	1,198	$	885

AA [Member]

Derivative [Line Items]

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location

The impact of aircraft fuel derivative instruments (all cash flow hedges) on American's Consolidated Statements of Operations is depicted below (in millions):

	Location in Consolidated Statements of Operations	Year Ended December 31,
		2013			2012		2011
Amount of Gain (Loss) Reclassified from Accumulated OCI into Income 1	Aircraft fuel	$	(34	)	$	3	$	277
Amount of Gain (Loss) Recognized in Income on Derivative 2	Aircraft fuel	22			1		24
Amount of Gain (Loss) Recognized in Consolidated Statements of Operations 3	Aircraft fuel	$	(12	)	$	4	$	301

(1)    Includes the effective portion of hedge gain (loss)

(2)    Includes the ineffective portion of hedge gain (loss)

(3)    Includes the effective and ineffective portion of hedge gain (loss)

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The impact of aircraft fuel derivative instruments (all cash flow hedges) on American's Consolidated Statements of Comprehensive Income is depicted below (in millions):

	Location	Year Ended December 31,
		2013			2012			2011
Amount of (Gain) Loss Reclassified from Accumulated OCI into Income 1	Reclassification into Earnings	$	34		$	(3	)	$	(277	)
Amount of Gain (Loss) Recognized in OCI on Derivative 1	Change in Fair Value	(2		)	(12		)	190
Amount of Gain (Loss) Recognized in Consolidated Statements of Comprehensive Income		$	32		$	(15	)	$	(87	)

(1)    Includes the effective portion of hedge gain (loss)

Derivatives Offsetting Disclosures

The impact of aircraft fuel derivative instruments (all cash flow hedges) on American's Consolidated Balance Sheets, and the impact of offsetting aircraft fuel derivative instruments, is depicted below (in millions):

	As of December 31,
	2013		2012
Gross Asset 1	$	109	$	65
Gross Liability 2	—		—
Net Recognized Asset (Liability) in Balance Sheet	109		65
Gross Asset (Liability) Offset in Balance Sheet:
Financial Instruments	—		—
Cash Collateral Received (Posted) 3	—		—
Net Amount	$	109	$	65

(1) Fuel derivative assets are included in Fuel derivative contracts on American's Consolidated Balance Sheets.

(2) Fuel derivative liabilities are included in Accrued liabilities on American's Consolidated Balance Sheets.

(3) As of December 31, 2013, American had posted cash collateral of an immaterial amount.

Summary Of Carrying Value And Estimated Fair Values Of Long-Term Debt

The carrying value and estimated fair values of American’s long-term debt, including current maturities, not classified as subject to compromise, were (in millions):

	December 31, 2013				December 31, 2012
	Carrying Value		Fair Value		Carrying Value		Fair Value
Secured variable and fixed rate debt	$	2,111	$	2,116	$	3,297	$	3,143
Enhanced equipment trust certificates	3,516		3,617		1,741		1,811
6.0%-8.5% special facility revenue bonds	1,282		1,358		1,313		1,308
7.5% senior secured notes	1,000		1,034		1,000		1,074
Senior secured credit facility due 2019 (rate of 4.75% at December 31, 2013)	1,882		1,896		—		—
AAdvantage Miles advance purchase	611		617		772		779
Other secured obligations, fixed interest rates ranging from 5.20% to 12.20%, maturing from 2014 - 2035	380		380		412		412
Other	27		27		27		27
	$	10,809	$	11,045	$	8,562	$	8,554

The carrying value and estimated fair value of American’s long-term debt, including current maturities, classified as subject to compromise, were (in millions):

	December 31, 2012
	Carrying Value		Fair Value
Secured variable and fixed rate debt	$	172	$	154
6.0%-8.5% Special facility revenue bonds	186		186
	$	358	$	340