American Airlines 2008 Annual Report Download - page 57

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54
AMR CORPORATION
CONSOLIDATED BALANCE SHEETS
(in millions, except shares and par value)
December 31,
2008
2007
Liabilities and Stockholders' Equity (Deficit)
Current Liabilities
Accounts payable
$ 952
$ 1,182
Accrued salaries and wages
519
559
Fuel derivative liability
716
-
Accrued liabilities
1,523
1,708
Air traffic liability
3,708
3,985
Current maturities of long-term debt
1,849
902
Current obligations under capital leases
107
147
Total current liabilities
9,374
8,483
Long-Term Debt, Less Current Maturities
8,419
9,413
Obligations Under Capital Leases,
Less Current Obligations
582
680
Other Liabilities and Credits
Deferred gains
297
320
Pension and postretirement benefits
6,614
3,620
Other liabilities and deferred credits
2,824
3,398
9,735
7,338
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: 2008 - 284,888,845; 2007 - 255,338,431
285
255
Additional paid-in capital
3,785
3,489
Treasury shares at cost: 2008 and 2007 - 5,940,399
(367)
(367)
Accumulated other comprehensive income (loss)
(3,177)
670
Accumulated deficit
(3,461)
(1,390)
(2,935)
2,657
Total Liabilities and Stockholders' Equity (Deficit)
$ 25,175
$ 28,571
The accompanying notes are an integral part of these financial statements.