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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Sep. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of components of accumulated other comprehensive loss The following tables show the components of accumulated other comprehensive loss:
(in millions)
Pension and Other Benefits Liabilities(2)
Derivative Contracts
Investments
Total
Balance at January 1, 2017 (net of tax effect of $1,458)
$
(7,714
)
$
97

$
(19
)
$
(7,636
)
Changes in value (net of tax effect of $4)

(23
)
76

53

Reclassifications into earnings (net of tax effect of $63)(1)
122

(7
)
(8
)
107

Balance at September 30, 2017 (net of tax effect of $1,391)
$
(7,592
)
$
67

$
49

$
(7,476
)

 
 
 
 
 
Balance at January 1, 2016 (net of tax effect of $1,222)
$
(7,354
)
$
140

$
(61
)
$
(7,275
)
Changes in value (net of tax effect of $43)

(72
)
46

(26
)
Reclassifications into earnings (net of tax effect of $51)(1)
111

(22
)

89

Balance at September 30, 2016 (net of tax effect of $1,214)
$
(7,243
)
$
46

$
(15
)
$
(7,212
)


(1) 
Amounts reclassified from AOCI for pension and other benefits liabilities and derivative contracts designated as foreign currency cash flow hedges are recorded in salaries and related costs and in passenger revenue, respectively, in the Condensed Consolidated Statements of Operations and Comprehensive Income. The reclassification into earnings for investments relates to our investment in Grupo Aeroméxico during the March 2017 quarter with the conversion to accounting under the equity method. The reclassification of the unrealized gain was recorded to non-operating expense in our Condensed Consolidated Statements of Operations and Comprehensive Income.
(2) 
Includes $1.9 billion of deferred income tax expense primarily related to pension obligations that will not be recognized in net income until the pension obligations are fully extinguished. We consider all income sources, including other comprehensive income, in determining the amount of tax benefit allocated to continuing operations.