Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2021

Accumulated Other Comprehensive Income (Loss) [Line Items]

Components of Accumulated Other Comprehensive Loss

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

	Pension, Retiree Medical and Other Postretirement Benefits		Unrealized Gain (Loss) on Investments		Income Tax Benefit (Provision) (1)			Total
Balance at December 31, 2020	$	(6,236)	$	(2)	$	(865)		$	(7,103)
Other comprehensive income (loss) before reclassifications	35		—		(8)			27
Amounts reclassified from AOCI	51		—		(11)		(2)	40
Net current-period other comprehensive income (loss)	86		—		(19)			67
Balance at March 31, 2021	$	(6,150)	$	(2)	$	(884)		$	(7,036)

(1)Relates principally to pension, retiree medical and other postretirement benefits obligations that will not be recognized in net loss until the obligations are fully extinguished.

(2)Relates to pension, retiree medical and other postretirement benefits obligations and is recognized within the income tax benefit on the condensed consolidated statement of operations.

Reclassifications out of Accumulated Other Comprehensive Loss

Reclassifications out of AOCI are as follows (in millions):

	Amounts reclassified from AOCI				Affected line items on the condensed consolidated statements of operations
AOCI Components	Three Months Ended March 31,
	2021		2020
Amortization of pension, retiree medical       and other postretirement benefits:
Prior service cost (benefit)	$	3	$	(36)	Nonoperating other income (expense), net
Actuarial loss	37		27		Nonoperating other income (expense), net
Total reclassifications for the period,        net of tax	$	40	$	(9)

American Airlines, Inc.

Accumulated Other Comprehensive Income (Loss) [Line Items]

Components of Accumulated Other Comprehensive Loss

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

	Pension, Retiree Medical and Other Postretirement Benefits		Unrealized Gain (Loss) on Investments		Income Tax Benefit (Provision) (1)			Total
Balance at December 31, 2020	$	(6,215)	$	(2)	$	(977)		$	(7,194)
Other comprehensive income (loss) before reclassifications	35		—		(8)			27
Amounts reclassified from AOCI	50		—		(11)		(2)	39
Net current-period other comprehensive income (loss)	85		—		(19)			66
Balance at March 31, 2021	$	(6,130)	$	(2)	$	(996)		$	(7,128)

(1)Relates principally to pension, retiree medical and other postretirement benefits obligations that will not be recognized in net loss until the obligations are fully extinguished.

(2)Relates to pension, retiree medical and other postretirement benefits obligations and is recognized within the income tax benefit on the condensed consolidated statement of operations.

Reclassifications out of Accumulated Other Comprehensive Loss

Reclassifications out of AOCI are as follows (in millions): 

	Amounts reclassified from AOCI				Affected line items on the condensed consolidated statements of operations
AOCI Components	Three Months Ended March 31,
	2021		2020
Amortization of pension, retiree medical       and other postretirement benefits:
Prior service cost (benefit)	$	3	$	(36)	Nonoperating other income (expense), net
Actuarial loss	36		27		Nonoperating other income (expense), net
Total reclassifications for the period,       net of tax	$	39	$	(9)