Indebtedness and Leases (Tables)

12 Months Ended

Dec. 31, 2013

Long-term debt and capital lease obligations included in the Consolidated Balance Sheets consisted of (in millions):



	December 31, 2013		December 31, 2012
Secured
American
Secured variable and fixed rate indebtedness due through 2023 (effective rates from 1.00%-9.00% at December 31, 2013)	$	2,111	$	3,297
Enhanced equipment trust certificates (EETCs) due through 2025 (fixed rates from 4.00%-7.00% at December 31, 2013)	3,516		1,741
7.00%-8.50% special facility revenue bonds due through 2031	1,282		1,313
Senior secured credit facility due 2019 (rate of 3.75% at December 31, 2013)	1,882		—
7.50% senior secured notes due 2016	1,000		1,000
AAdvantage Miles advance purchase (net of discount of $40 million) (effective rate 8.30%)	611		772
Other secured obligations, fixed interest rates ranging from 5.20% to 12.20%, maturing from 2014 - 2035	380		412
Total American secured debt	10,782		8,535
US Airways Group (Assumed)
2013 Citicorp Credit Facility tranche B-1, variable interest rate of 4.00%, installments through 2019	1,000		—
2013 Citicorp Credit Facility tranche B-2, variable interest rate of 3.25%, installments through 2016	600		—
Equipment loans and other notes payable, fixed and variable interest rates ranging from 1.56% to 8.48%, maturing from 2013 to 2029	1,330		—
Aircraft enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 3.95% to 11.00%, maturing from 2014 to 2025	2,515		—
Other secured obligations, fixed interest rates ranging from 5.20% to 8.00%, maturing from 2015 to 2021	47		—
Total US Airways Group secured debt	5,492		—
Total AAG secured debt	16,274		8,535
Unsecured
US Airways Group (Assumed)
6.125% senior notes, interest only payments until due in 2018	500		—
7.25% convertible senior notes, interest only payments until due in 2014	22		—
Industrial development bonds, fixed interest rate of 6.30%, interest only payments until due in 2023	29		—
Total US Airways Group unsecured debt	551		—
Total AAG unsecured debt	551		—
Total long-term debt and capital lease obligations	16,825		8,535
Less: total unamortized debt discount	26		—
Less: current maturities	1,446		1,419
Long-term debt and capital lease obligations, less current maturities	$	15,353	$	7,116

Schedule Of Maturities Of Long-Term Debt Payments

At December 31, 2013, the maturities of long-term debt and capital leases are as follows (in millions):



	2014		2015		2016		2017		2018		2019 and Thereafter		Total
Total Principal Amount	$	1,446	$	1,325	$	2,733	$	1,223	$	1,756	$	8,412	$	16,895

Components of 7.25% Convertible Notes

The following table details the debt and equity components recognized related to the 7.25% notes (in millions):



	December 31, 2013
Principal amount of 7.25% convertible senior notes	$	22
Unamortized discount on debt	—
Net carrying amount of 7.25% convertible senior notes	22
Additional paid-in capital	$	88

Schedule Of Collateral Coverage Tests

Specifically, American is required to meet certain collateral coverage tests on a periodic basis on two financing transactions: (1) the Senior Secured Notes and (2) the Credit Facilities, and US Airways is required to meet a collateral coverage test on a periodic basis on the 2013 Citicorp Credit Facility, in each case as described below:



	Senior Secured Notes	Credit Facilities	2013 Citicorp Credit Facility
Frequency of Appraisals of Appraised Collateral	Semi-Annual (June and December)	Semi-Annual (June and December)	Once per Fiscal Year ¹
LTV Requirement	1.5x Collateral valuation to amount of debt outstanding (equivalent to maximum LTV of 67%); failure to meet collateral test results in American paying 2% additional interest until the ratio is at least 1.5x; additional collateral can be posted, or debt repaid, to meet this test	1.6x Collateral valuation to amount of debt outstanding (equivalent to maximum LTV of 62.5%); if collateral test is not met, American must post additional collateral and/or repay debt until the test is met	1.5x Collateral valuation to amount of debt outstanding (equivalent to maximum LTV of 67%); if collateral test is not met, US Airways must deposit additional unrestricted cash, post additional collateral, repay debt or any combination of the foregoing until the test is met
LTV as of Last Measurement Date	38.8%	33.8%	60.7%
Collateral Description	Generally, certain route authorities, Slots, and rights to airport facilities used by American to operate certain services between the U.S. and London Heathrow, Tokyo Narita/Haneda, and China	Generally, certain route authorities, Slots, and rights to airport facilities used by American to operate all services between the U.S. and South America	Generally, certain route authorities, certain Slots (e.g., Washington Reagan, LaGuardia and London), accounts receivable, certain engines, certain spare parts and ground service equipment, certain simulators, certain leasehold real estate assets and cash


(1)	With respect to spare parts, one physical appraisal and one desktop appraisal are required in each fiscal year.

AA [Member]

Debt Instrument [Line Items]

Components Of Long-Term Debt

Long-term debt and capital lease obligations included in the Consolidated Balance Sheets consisted of (in millions):



	December 31, 2013		December 31, 2012
Secured
Secured variable and fixed rate indebtedness due through 2023 (effective rates from 1.00%-9.00% at December 31, 2013)	$	2,111	$	3,297
Enhanced equipment trust certificates (EETCs) due through 2025 (fixed rates from 4.00%-7.00% at December 31, 2013)	3,516		1,741
7.00%-8.50% special facility revenue bonds due through 2031	1,282		1,313
Senior secured credit facility due 2019 (rate of 3.75% at December 31, 2013)	1,882		—
7.50% senior secured notes due 2016	1,000		1,000
AAdvantage Miles advance purchase (net of discount of $40 million) (effective rate 8.30%)	611		772
Other secured obligations, fixed interest rates ranging from 5.20% to 12.20%, maturing from 2014 - 2035	380		412
	10,782		8,535
Unsecured
Affiliate unsecured obligations	27		27
	27		27
Total long-term debt and capital lease obligations	10,809		8,562
Less current maturities	957		1,419
Long-term debt and capital lease obligations, less current maturities	$	9,852	$	7,143

Schedule Of Maturities Of Long-Term Debt Payments

At December 31, 2013, the maturities of long-term debt and capital leases are as follows (in millions):



	2014		2015		2016		2017		2018		2019 and Thereafter		Total
Total Principal Amount	$	957	$	880	$	1,801	$	846	$	722	$	5,646	$	10,852

Schedule Of Collateral Coverage Tests

Specifically, American is required to meet certain collateral coverage tests on a periodic basis on two financing transactions: (1) the Senior Secured Notes and (2) Credit Facilities, as described below:



	Senior Secured Notes	Credit Facilities
Frequency of Appraisals of Appraised Collateral	Semi-Annual (June and December)	Semi-Annual (June and December)
LTV Requirement	1.5x Collateral valuation to amount of debt outstanding (equivalent to maximum LTV of 67%); failure to meet collateral test results in American paying 2% additional interest until the ratio is at least 1.5x; additional collateral can be posted, or debt repaid, to meet this test	1.6x Collateral valuation to amount of debt outstanding (equivalent to maximum LTV of 62.5%); if collateral test is not met, American must post additional collateral and/or repay debt until the test is met
LTV as of Last Measurement Date	38.8%	33.8%
Collateral Description	Generally, certain route authorities, Slots, and rights to airport facilities used by American to operate certain services between the U.S. and London Heathrow, Tokyo Narita/Haneda, and China	Generally, certain route authorities, Slots, and rights to airport facilities used by American to operate all services between the U.S. and South America