American Airlines 2003 Annual Report Download - page 49

Download and view the complete annual report

Please find page 49 of the 2003 American Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 103

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103

47
AMR CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(in millions, except share amounts)
Common
Stock
Additional
Paid-in
Capital
Treasury
Stock
Accumulated
Other
Comprehensive
Loss
Retained
Earnings Total
Balance at January 1, 2001 $ 182 $ 2,911 $ (1,865) $ (2) $ 5,950 $ 7,176
Net loss - - - - (1,762) (1,762)
Adjustment for minimum pension liability - - - (161) - (161)
Changes in fair value of derivative financial
instruments - - - (75) - (75)
Unrealized gain on investments - - - 5 - 5
Income tax effect - - - 87 - 87
Total comprehensive loss (1,906)
Issuance of 2,421,838 shares from
Treasury pursuant to stock option,
deferred stock and restricted stock
incentive plans, net of tax of $58 - (46) 149 - - 103
Balance at December 31, 2001 182 2,865 (1,716) (146) 4,188 5,373
Net loss - - - - (3,511) (3,511)
Adjustment for minimum pension liability - - - (1,122) - (1,122)
Changes in fair value of derivative financial
instruments - - - 143 - 143
Unrealized loss on investments - - - (6) - (6)
Income tax effect - - - 55 - 55
Total comprehensive loss (4,441)
Issuance of 1,533,760 shares from
Treasury pursuant to stock option,
deferred stock and restricted stock
incentive plans, net of tax of $2 - (70) 95 - - 25
Balance at December 31, 2002 182 2,795 (1,621) (1,076) 677 957
Net loss - - - - (1,228) (1,228)
Adjustment for minimum pension liability - - - 337 - 337
Changes in fair value of derivative financial
instruments - - - (43) - (43)
Unrealized loss on investments - - - (3) - (3)
Income tax effect - - - - - -
Total comprehensive loss (937)
Issuance of 3,492,593 shares from
Treasury to vendors and employees
pursuant to stock option and deferred
stock incentive plans - (190) 216 - - 26
Balance at December 31, 2003 $ 182 $ 2,605 $ (1,405) $ (785) $ (551) $ 46
The accompanying notes are an integral part of these financial statements.