American Airlines 2007 Annual Report Download - page 55

Download and view the complete annual report

Please find page 55 of the 2007 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 107

  • 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
  • 107

52
AMR CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
(in millions, except share amounts)
Common
Stock
Additional
Paid-in
Capital
Treasury
Stock
Accumulated
Other
Comprehensive
Income (loss)
Accumulated
Deficit
Total
Balance at January 1, 2005 182 2,521 (1,308) (664) (1,268) (537)
Net loss - - - - (857) (857)
Minimum pension liability - - - (379) - (379)
Changes in fair value of derivative
financial instruments
-
-
-
58
-
58
Unrealized gain on investments - - - 6 - 6
Total comprehensive loss (1,172)
Issuance of 13,000,000 shares 13 210 - - - 223
Issuance of 8,576,404 shares from
Treasury to employees pursuant to
stock option and deferred stock
incentive plans
-
(473)
529
-
-
56
Balance at December 31, 2005 195 2,258 (779) (979) (2,125) (1,430)
Net earnings - - - - 231 231
Pension liability - - - 748 - 748
Changes in fair value of derivative
financial instruments
-
-
-
(62)
-
(62)
Total comprehensive income 917
Reclassification and amortization of
stock compensation plans
-
275
-
-
-
275
Issuance of 15,002,091 shares 15 385 - - - 400
Issuance of 24,489,980 shares to
employees pursuant to stock option
and deferred stock incentive plans
18
(200)
412
-
-
230
Adjustment resulting from adoption of
SFAS 158
-
-
-
(998)
-
(998)
Balance at December 31, 2006 228 2,718 (367) (1,291) (1,894) (606)
Net earnings - - - - 504 504
Pension, retiree medical and other
liability
1,744
-
1,744
Changes in fair value of derivative
financial instruments
-
-
-
223
-
223
Unrealized gain on investments - - - (6) - (6)
Total comprehensive income 1,859
Reclassification and amortization of
stock compensation plans
-
211
-
-
-
211
Issuance of 13,000,000 shares 13 484 - - - 497
Issuance of 14,173,610 shares to
employees pursuant to stock option
and deferred stock incentive plans
14
76
-
-
-
90
Balance at December 31, 2007 $ 255 $ 3,489 $ (367) $ 670 $ (1,390) $ 2,657
The accompanying notes are an integral part of these financial statements.