Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2014

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss) are as follows (in millions):

	Pension and retiree medical liability			Net unrealized change on investments			Derivative financial instruments			Income tax benefit (expense)			Total
Balance at December 31, 2013	$	(887	)	$	(2	)	$	67		$	(1,210	)	$	(2,032	)
Other comprehensive loss before reclassifications	(17		)	—			(54		)	—			(71		)
Amounts reclassified from accumulated other comprehensive income (loss)	(87		)	2			12			330			257
Net current period other comprehensive income (loss)	(104		)	2			(42		)	330			186
Balance at June 30, 2014	$	(991	)	$	—		$	25		$	(880	)	$	(1,846	)

Reclassifications out of accumulated other comprehensive income (loss) for the three and six months endedJune 30, 2014 and 2013 are as follows (in millions):

Details about accumulated other comprehensive income (loss) components	Amount reclassified from accumulated other comprehensive income (loss)												Affected line item in the statement where net income (loss) is presented
	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Amortization of pension and retiree medical liability:
Prior service cost	$	(52	)	$	(54	)	$	(106	)	$	(108	)	Salaries, wages and benefits
Actuarial loss	10			21			19			42			Salaries, wages and benefits
Derivative financial instruments:
Cash flow hedges	5			13			12			12			Aircraft fuel and related taxes
Net unrealized change on investments:
Net change in value	—			1			2			—			Other, net
Income tax benefit (expense):
Reversal of non-cash tax provision	330			—			330			—			Income tax provision (benefit)
Total reclassifications for the period	$	293		$	(19	)	$	257		$	(54	)

During the second quarter of 2014, the Company sold its portfolio of fuel hedging contracts that were scheduled to settle on or after June 30, 2014. In connection with this sale, the Company recorded a special non-cash tax provision of $330 million in the statement of operations for the second quarter of 2014 that reverses the non-cash tax provision which was recorded in OCI, a subset of stockholders’ equity, principally in 2009. This provision represents the tax effect associated with gains recorded in OCI principally in 2009 due to a net increase in the fair value of the Company’s fuel hedging contracts. In accordance with GAAP, the Company retained the $330 million tax provision in OCI until the last contract was settled or terminated. The 2014six month period included the $330 million non-cash tax provision related to the settlement of fuel hedges discussed above.

AA [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss) are as follows (in millions):

	Pension and retiree medical liability			Net unrealized change on investments		Derivative financial instruments			Income tax benefit(expense)			Total
Balance at December 31, 2013	$	(899	)	$	1	$	65		$	(1,319	)	$	(2,152	)
Other comprehensive loss before reclassifications	(17		)	—		(52		)	—			(69		)
Amounts reclassified from accumulated other comprehensive income (loss)	(85		)	—		12			328			255
Net current period other comprehensive income (loss)	(102		)	—		(40		)	328			186
Balance at June 30, 2014	$	(1,001	)	$	1	$	25		$	(991	)	$	(1,966	)

Reclassifications out of accumulated other comprehensive income (loss) for the three and six months endedJune 30, 2014 and 2013 are as follows (in millions):

Details about accumulated other comprehensive income (loss) components	Amount reclassified from accumulated other comprehensive income (loss)												Affected line item in the statement where net income (loss) is presented
	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Amortization of pension and retiree medical liability:
Prior service cost	$	(51	)	$	(54	)	$	(104	)	$	(108	)	Salaries, wages and benefits
Actuarial loss	10			21			19			42			Salaries, wages and benefits
Derivative financial instruments:
Cash flow hedges	5			13			12			12			Aircraft fuel and related taxes
Net unrealized change on investments:
Net change in value	(2		)	1			—			—			Other, net
Income tax benefit (expense):
Reversal of non-cash tax provision	328			—			328			—			Income tax provision (benefit)
Total reclassifications for the period	$	290		$	(19	)	$	255		$	(54	)

During the second quarter of 2014, American sold its portfolio of fuel hedging contracts that were scheduled to settle on or after June 30, 2014. In connection with this sale, American recorded a special non-cash tax provision of $328 million in the statement of operations for the second quarter of 2014 that reverses the non-cash tax provision which was recorded in OCI, a subset of stockholders’ equity, principally in 2009. This provision represents the tax effect associated with gains recorded in OCI principally in 2009 due to a net increase in the fair value of American's fuel hedging contracts. In accordance with GAAP, American retained the $328 million tax provision in OCI until the last contract was settled or terminated. The 2014six month period included the $328 million non-cash tax provision related to the settlement of fuel hedges discussed above.