American Airlines 2004 Annual Report Download - page 50

Download and view the complete annual report

Please find page 50 of the 2004 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 106

  • 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
  • 104
  • 105
  • 106

47
AMR CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
(in millions, except share amounts)
Common
Stock
Additional
Paid-in
Capital
Treasury
Stock
Accumulated
Other
Comprehensive
Loss
Retained
Earnings
(Deficit) Total
Balance at January 1, 2002 $ 182 $ 2,865 $ (1,716) $ (146) $ 4,188 $ 5,373
Net loss - - - - (3,511) (3,511)
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 benefit - - - 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)
Minimum pension liability - - - 337 - 337
Changes in fair value of derivative financial
instruments - - - (43) - (43)
Unrealized loss on investments - - - (3) - (3)
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
Net loss - - - - (761) (761)
Minimum pension liability - - - 129 - 129
Changes in fair value of derivative financial
instruments - - - (4) - (4)
Unrealized loss on investments - - - (4) - (4)
Total comprehensive loss (640)
Issuance of 1,573,715 shares from
Treasury to employees pursuant to stock
option and deferred stock incentive
plans - (84) 97 - - 13
Balance at December 31, 2004 $ 182 $ 2,521 $ (1,308) $ (664) $ (1,312) $ (581)
The accompanying notes are an integral part of these financial statements.