XML 35 R15.htm IDEA: XBRL DOCUMENT v3.5.0.2
Accumulated Other Comprehensive Income (Loss)
9 Months Ended
Sep. 30, 2016
Accumulated Other Comprehensive Income (Loss)

9. Accumulated Other Comprehensive Income (Loss)

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

 

     Pension, Retiree
Medical and
Other
Postretirement

Benefits
    Unrealized
Gain (Loss) on

Investments
    Income Tax
Benefit

(Provision)
    Total  

Balance at December 31, 2015

   $ (3,842   $ (10   $ (880 )(1)    $ (4,732

Other comprehensive income (loss) before reclassifications

     (7     9        —          2   

Amounts reclassified from accumulated other comprehensive income (loss)

     (75     —          27 (2)       (48
  

 

 

   

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income (loss)

     (82     9        27        (46
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at September 30, 2016

   $ (3,924   $ (1   $ (853   $ (4,778
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) 

Relates to pension, retiree medical and other postretirement obligations that will not be recognized in net income until the obligations are fully extinguished.

(2)

Relates to pension, retiree medical and other postretirement obligations and is recognized within the income tax provision on the condensed consolidated statement of operations.

Reclassifications out of AOCI for the three and nine months ended September 30, 2016 and 2015 are as follows (in millions):

 

    Amounts reclassified from AOCI      

AOCI Components

  Three Months Ended September 30,     Nine Months Ended September 30,     Affected line items on condensed
consolidated statement of operations
  2016     2015     2016     2015    

Amortization of pension, retiree medical and other postretirement benefits:

         

Prior service cost (benefit)

  $ (33   $ (52   $ (100   $ (159   Salaries, wages and benefits

Actuarial loss

    17        26        52        80      Salaries, wages and benefits

Derivative financial instruments:

         

Cash flow hedges

    —          —          —          (9   Aircraft fuel and related taxes

Net unrealized change on investments:

         

Net change in value

    —          —          —          1      Other nonoperating, net
 

 

 

   

 

 

   

 

 

   

 

 

   

Total reclassifications for the period, net of tax

  $ (16   $ (26   $ (48   $ (87  
 

 

 

   

 

 

   

 

 

   

 

 

American Airlines, Inc. [Member]  
Accumulated Other Comprehensive Income (Loss)

7. Accumulated Other Comprehensive Income (Loss)

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

 

     Pension, Retiree
Medical and
Other
Postretirement

Benefits
    Unrealized
Gain (Loss) on

Investments
    Income Tax
Benefit

(Provision)
    Total  

Balance at December 31, 2015

   $ (3,831   $ (9   $ (991 )(1)    $ (4,831

Other comprehensive income (loss) before reclassifications

     (7     9        —          2   

Amounts reclassified from accumulated other comprehensive income (loss)

     (76     —          27 (2)       (49
  

 

 

   

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income (loss)

     (83     9        27        (47
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at September 30, 2016

   $ (3,914   $ —        $ (964   $ (4,878
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) 

Relates to pension, retiree medical and other postretirement obligations that will not be recognized in net income until the obligations are fully extinguished.

(2)

Relates to pension, retiree medical and other postretirement obligations and is recognized within the income tax provision on the condensed consolidated statement of operations.

 

Reclassifications out of AOCI for the three and nine months ended September 30, 2016 and 2015 are as follows (in millions):

 

     Amounts reclassified from AOCI      

AOCI Components

   Three Months Ended
September 30,
    Nine Months Ended
September 30,
   

Affected line items on condensed
consolidated statement of operations

   2016     2015     2016     2015    

Amortization of pension, retiree medical and other postretirement benefits:

          

Prior service cost (benefit)

   $ (33   $ (52   $ (101   $ (159   Salaries, wages and benefits

Actuarial loss

     17        26        52        80      Salaries, wages and benefits

Derivative financial instruments:

          

Cash flow hedges

     —          —          —          (9   Aircraft fuel and related taxes

Net unrealized change on investments:

          

Net change in value

     —          —          —          1      Other nonoperating, net
  

 

 

   

 

 

   

 

 

   

 

 

   

Total reclassifications for the period, net of tax

   $ (16   $ (26   $ (49   $ (87