American Airlines 2006 Annual Report Download - page 55

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51
AMR CORPORATION
CONSOLIDATED BALANCE SHEETS
(in millions, except shares and par value)
December 31,
2006 2005
Liabilities and Stockholders' Equity (Deficit)
Current Liabilities
Accounts payable $ 1,073 $ 1,078
Accrued salaries and wages 551 635
Accrued liabilities 1,750 1,705
Air traffic liability 3,782 3,615
Current maturities of long-term debt 1,246 1,077
Current obligations under capital leases 103 162
Total current liabilities 8,505 8,272
Long-Term Debt, Less Current Maturities 11,217 12,530
Obligations Under Capital Leases,
Less Current Obligations
824
926
Other Liabilities and Credits
Deferred gains 372 421
Pension and postretirement benefits 5,341 4,998
Other liabilities and deferred credits 3,492 3,778
9,205 9,197
Commitments and Contingencies
Stockholders' Equity (Deficit)
Preferred stock - 20,000,000 shares authorized; None issued - -
Common stock - $1 par value; 750,000,000 shares authorized;
shares issued: 2006 – 228,164,821; 2005 - 195,350,259
228
195
Additional paid-in capital 2,718 2,258
Treasury shares at cost: 2006 – 5,940,399; 2005 - 12,617,908 (367) (779)
Accumulated other comprehensive loss (1,291) (979)
Accumulated deficit (1,894) (2,125)
(606) (1,430)
Total Liabilities and Stockholders' Equity (Deficit) $ 29,145 $ 29,495
The accompanying notes are an integral part of these financial statements.