Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2023

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive Loss

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 Provision (1)			Total
Balance at December 31, 2022	$	(2,978)	$	(6)	$	(1,601)		$	(4,585)
Other comprehensive income before reclassifications	—		1		—			1
Amounts reclassified from AOCI	44		—		(10)		(2)	34
Net current-period other comprehensive income (loss)	44		1		(10)			35
Balance at June 30, 2023	$	(2,934)	$	(5)	$	(1,611)		$	(4,550)

(1)Relates principally to pension, retiree medical and other postretirement benefits obligations that will not be recognized in net income (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 provision (benefit) on the condensed consolidated statements of operations.

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 June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Amortization of pension, retiree medical and other postretirement benefits:
Prior service cost	$	3	$	3	$	6	$	6	Nonoperating other income (expense), net
Actuarial loss	14		25		28		50		Nonoperating other income (expense), net
Total reclassifications for the period, net of tax	$	17	$	28	$	34	$	56

American Airlines, Inc.

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive Loss

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 Provision (1)			Total
Balance at December 31, 2022	$	(2,974)	$	(6)	$	(1,710)		$	(4,690)
Other comprehensive income before reclassifications	—		1		—			1
Amounts reclassified from AOCI	44		—		(10)		(2)	34
Net current-period other comprehensive income (loss)	44		1		(10)			35
Balance at June 30, 2023	$	(2,930)	$	(5)	$	(1,720)		$	(4,655)

(1)Relates principally to pension, retiree medical and other postretirement benefits obligations that will not be recognized in net income (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 provision (benefit) on the condensed consolidated statements of operations.

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 June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Amortization of pension, retiree medical and other postretirement benefits:
Prior service cost	$	3	$	3	$	6	$	6	Nonoperating other income (expense), net
Actuarial loss	14		25		28		50		Nonoperating other income (expense), net
Total reclassifications for the period, net of tax	$	17	$	28	$	34	$	56