American Airlines 2003 Annual Report Download - page 47

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45
AMR CORPORATION
CONSOLIDATED BALANCE SHEETS
(in millions, except shares and par value)
December 31,
2003 2002
Liabilities and Stockholders' Equity
Current Liabilities
Accounts payable $ 967 $ 1,198
Accrued salaries and wages 528 705
Accrued liabilities 1,461 1,855
Air traffic liability 2,799 2,614
Current maturities of long-term debt 603 713
Current obligations under capital leases 201 155
Total current liabilities 6,559 7,240
Long-Term Debt, Less Current Maturities 11,901 10,888
Obligations Under Capital Leases,
Less Current Obligations 1,225 1,422
Other Liabilities and Credits
Deferred gains 520 487
Pension and postretirement benefits 4,803 4,730
Other liabilities and deferred credits 4,276 4,543
9,599 9,760
Commitments and Contingencies
Stockholders' Equity
Preferred stock - 20,000,000 shares authorized; None issued - -
Common stock - $1 par value; 750,000,000 shares authorized;
182,350,259 shares issued 182 182
Additional paid-in capital 2,605 2,795
Treasury shares at cost: 2003 – 22,768,027; 2002 – 26,260,620 (1,405) (1,621)
Accumulated other comprehensive loss (785) (1,076)
Retained (deficit) earnings (551) 677
46 957
Total Liabilities and Stockholders' Equity $ 29,330 $ 30,267
The accompanying notes are an integral part of these financial statements.