Chapter 11 Reorganization (Tables)

9 Months Ended

Sep. 30, 2012

Schedule Of Liabilities Subject To Compromise

The following table summarizes the components of liabilities subject to compromise included on the Condensed Consolidated Balance Sheet as of September 30, 2012:




(in millions)
Long-term debt	$	1,427
Aircraft lease and facility bond related obligations	3,036
Pension and postretirement benefits	7,803
Accounts payable and other accrued liabilities	348
Other	(15		)
Total liabilities subject to compromise	$	12,599

Schedule of Liabilities Subject to Compromise, Debt [Table Text Block]




(in millions)
Long-term debt	$	1,427
Aircraft lease and facility bond related obligations	3,036
Pension and postretirement benefits	7,803
Accounts payable and other accrued liabilities	348
Other	(15		)
Total liabilities subject to compromise	$	12,599

Long-term debt, including undersecured debt, classified as subject to compromise as of September 30, 2012 consisted of (in millions):




Secured variable and fixed rate indebtedness due through 2023 (effective rates from 1.00% - 13.00% at September 30, 2012)	$	1,241
Enhanced equipment trust certificates due through 2021 (rates from 5.10%—10.375% at September 30, 2012)	—
6.00%—8.50% special facility revenue bonds due through 2036	186
7.50% senior secured notes due 2016	—
AAdvantage Miles advance purchase (net of discount of $56 million)	—
Other	—
	$	1,427

Schedule Of Reorganization Items

The following table summarizes the components included in reorganization items, net on the Consolidated Statements of Operations for the three and nine months ended September 30, 2012:



(in millions)
	Three Months Ended			Nine Months Ended
	September 30, 2012
Pension and postretirement benefits	$	(66	)	$	(66	)
Aircraft financing renegotiations and rejections (1)	133			1,249
Treatment of facility bond related obligations ⁽²⁾	—			399
Professional fees	51			168
Other	10			10
Total reorganization items, net	$	128		$	1,760