Special Items, Net

12 Months Ended

Dec. 31, 2013

Restructuring Cost and Reserve [Line Items]

The following table summarizes the components of the Company's Special items, net, as of December 31, 2013, 2012 and 2011 (in millions):



	Year Ended December 31,
	2013			2012		2011
Restructuring and special charges:
Aircraft ¹	$	33		$	11	$	744
Facilities and other fixed assets	7			14		12
Personnel costs ²	166			361		—
Merger-related expenses:
Employee-related ³	295			—		—
Professional fees	96			—		—
Slot divestiture ⁴	(67		)	—		—
Other	29			—		—
Special items, net	$	559		$	386	$	756


(1)	Consists primarily of impairment charges to write-down certain Boeing 757 aircraft and certain related long-lived assets to their estimated fair value in connection with reclassification of these assets to held for sale.

(2)

Consists primarily of a $107 million fair value adjustment to the pilot long-term disability plan and a $43 million charge to benefits expense due to a reorganization related increase in workers' compensation claims in the applicable period including adverse developments on older claims. Charges in 2012 are in connection with voluntary and involuntary employee separations from the Company and were paid through the end of 2013.

(3)

Employee related expenses primarily consist of a $192 million charge resulting from the US Airways Group pilot MOU that became effective upon consummation of the Merger, $58 million in severance to satisfy certain separation agreements resulting from the Merger and professional fees and $56 million related to equity awards granted in connection with the Merger, partially offset by the cancellation of equity awards in connection with the Merger.


(4)	Recognition of a $67 million gain on the sale of slots at LaGuardia and Ronald Regan Washington National Airport as part of the settlement reached with the Department of Justice.

AA [Member]

Restructuring Cost and Reserve [Line Items]

Special Items, Net

The following table summarizes the components of American's Special items, net, as of December 31, 2013, 2012 and 2011 (in millions):



	Year Ended December 31,
	2013			2012		2011
Restructuring and special charges:
Aircraft ¹	$	33		$	11	$	744
Facilities and other fixed assets	7			14		12
Personnel costs ²	166			361		—
Merger-related expenses:
Employee-related ³	103			—		—
Professional fees	24			—		—
Slot divestiture ⁴	(67		)	—		—
Other	16			—		—
Special items, net	$	282		$	386	$	756


(1)	Consists primarily of impairment charges to write-down certain Boeing 757 aircraft and certain related long-lived assets to their estimated fair value in connection with reclassification of these assets to held for sale.

(2)

Consists primarily of charges resulting from a $107 million fair value adjustment to the pilot long-term disability plan and a $43 million charge to benefits expense due to a reorganization related increase in workers' compensation claims in the applicable period including adverse developments on older claims. Charges in 2012 are in connection with voluntary and involuntary employee separations from American and were paid through the end of 2013.


(3)	Employee related expenses consist of $47 million in severance to satisfy certain separation agreements resulting from the Merger and professional fees and $56 million related to equity awards granted in connection with the Merger, partially offset by the cancellation of equity awards in connection with the Merger.


(4)	Recognition of a $67 million gain on the sale of slots at LaGuardia and Ronald Regan Washington National Airport as part of the settlement reached with the Department of Justice.

See Note 4 to AAG's Consolidated Financial Statements in Part II, Item 8A for information on the Merger Agreement.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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