Basis of Presentation and Recent Accounting Pronouncements (Tables)

9 Months Ended

Sep. 30, 2018

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The effects of adoption of the New Revenue Standard and New Retirement Standard to our condensed consolidated statement of operations for the three and nine months ended September 30, 2017 were as follows (in millions, except per share amounts):



				New Revenue Standard							New Retirement Standard
Three Months Ended September 30, 2017	As Reported			Deferred Revenue Method		Ancillary Revenue Reclassifications			Gross Versus Net Presentation		Reclassifications			As Recast
Operating revenues:
Passenger	$	9,377		$	59	$	651		$	9	$	—		$	10,096
Cargo	200			—		10			13		—			223
Other	1,301			—		(661		)	6		—			646
Total operating revenues	10,878			59		—			28		—			10,965
Total operating expenses	9,646			—		—			28		35			9,709
Operating income	1,232			59		—			—		(35		)	1,256
Total nonoperating expense, net	(228		)	—		—			—		35			(193		)
Income before income taxes	1,004			59		—			—		—			1,063
Income tax provision	380			22		—			—		—			402
Net income	$	624		$	37	$	—		$	—	$	—		$	661
Diluted earnings per common share	$	1.28												$	1.36



				New Revenue Standard							New Retirement Standard
Nine Months Ended September 30, 2017	As Reported			Deferred Revenue Method		Ancillary Revenue Reclassifications			Gross Versus Net Presentation		Reclassifications			As Recast
Operating revenues:
Passenger	$	27,114		$	328	$	1,976		$	29	$	—		$	29,447
Cargo	568			—		31			34		—			633
Other	3,924			—		(2,007		)	14		—			1,931
Total operating revenues	31,606			328		—			77		—			32,011
Total operating expenses	28,238			—		—			77		104			28,419
Operating income	3,368			328		—			—		(104		)	3,592
Total nonoperating expense, net	(709		)	—		—			—		104			(605		)
Income before income taxes	2,659			328		—			—		—			2,987
Income tax provision	998			124		—			—		—			1,122
Net income	$	1,661		$	204	$	—		$	—	$	—		$	1,865
Diluted earnings per common share	$	3.35												$	3.76

The effects of adoption of the New Revenue Standard to our December 31, 2017 consolidated balance sheet are as follows (in millions):



	As Reported		New Revenue Standard			As Recast
Deferred tax asset	$	427	$	1,389		$	1,816
Air traffic liability	3,978		64			4,042
Current loyalty program liability	2,791		330			3,121
Noncurrent loyalty program liability	—		5,701			5,701
Total stockholders' equity (deficit)	3,926		(4,706		)	(780		)

American Airlines, Inc. [Member]

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The effects of adoption of the New Revenue Standard and New Retirement Standard to American’s condensed consolidated statement of operations for the three and nine months ended September 30, 2017 were as follows (in millions):



				New Revenue Standard							New Retirement Standard
Three Months Ended September 30, 2017	As Reported			Deferred Revenue Method		Ancillary Revenue Reclassifications			Gross Versus Net Presentation		Reclassifications			As Recast
Operating revenues:
Passenger	$	9,377		$	59	$	651		$	9	$	—		$	10,096
Cargo	200			—		10			13		—			223
Other	1,298			—		(661		)	6		—			643
Total operating revenues	10,875			59		—			28		—			10,962
Total operating expenses	9,650			—		—			28		35			9,713
Operating income	1,225			59		—			—		(35		)	1,249
Total nonoperating expense, net	(181		)	—		—			—		35			(146		)
Income before income taxes	1,044			59		—			—		—			1,103
Income tax provision	395			22		—			—		—			417
Net income	$	649		$	37	$	—		$	—	$	—		$	686



				New Revenue Standard							New Retirement Standard
Nine Months Ended September 30, 2017	As Reported			Deferred Revenue Method		Ancillary Revenue Reclassifications			Gross Versus Net Presentation		Reclassifications			As Recast
Operating revenues:
Passenger	$	27,114		$	328	$	1,976		$	29	$	—		$	29,447
Cargo	568			—		31			34		—			633
Other	3,916			—		(2,007		)	14		—			1,923
Total operating revenues	31,598			328		—			77		—			32,003
Total operating expenses	28,242			—		—			77		104			28,423
Operating income	3,356			328		—			—		(104		)	3,580
Total nonoperating expense, net	(572		)	—		—			—		104			(468		)
Income before income taxes	2,784			328		—			—		—			3,112
Income tax provision	1,046			124		—			—		—			1,170
Net income	$	1,738		$	204	$	—		$	—	$	—		$	1,942

The effects of adoption of the New Revenue Standard to American’s December 31, 2017 consolidated balance sheet are as follows (in millions):



	As Reported		New Revenue Standard			As Recast
Deferred tax asset	$	682	$	1,389		$	2,071
Air traffic liability	3,978		64			4,042
Current loyalty program liability	2,791		330			3,121
Noncurrent loyalty program liability	—		5,701			5,701
Total stockholder’s equity (deficit)	14,594		(4,706		)	9,888