American Airlines 2003 Annual Report Download - page 93

Download and view the complete annual report

Please find page 93 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

91
AMR CORPORATION
Schedule II - Valuation and Qualifying Accounts and Reserves
(in millions)
Balance
at
beginning
of year
Changes
charged to
statement
of
operations
accounts
Increases
charged
to other
accounts
(Note)
Payments
Write-offs
(net of
recoveries)
Sales,
retire-
ments
and
transfers
Balance
at
end of
year
Year ended December 31, 2003
Allowance for
obsolescence of inventories $ 450 $ 71 $ - $ - $ - $ (93) $ 428
Allowance for
uncollectible accounts 66 14 - - (18) - 62
Reserves for environmental
remediation costs 92 (12) - (8) - - 72
Reserves for litigation 4 - - - - - 4
Allowance for insurance
receivable 12 10 - - - - 22
Year ended December 31, 2002
Allowance for
obsolescence of inventories 383 71 - - - (4) 450
Allowance for
uncollectible accounts 52 27 - - (13) - 66
Reserves for environmental
remediation costs 84 25 - (17) - - 92
Reserves for litigation 6 (2) - - - - 4
Allowance for insurance
receivable - 12 - - - - 12
Year ended December 31, 2001
Allowance for
obsolescence of inventories 332 67 - - - (16) 383
Allowance for
uncollectible accounts 27 19 - - 6 - 52
Reserves for environmental
remediation costs 70 24 19 (29) - - 84
Reserves for litigation 29 6 - (29) - - 6
Note: Amount was established as part of the April 2001 acquisition of TWA and was charged to goodwill on the consolidated balance
sheets.