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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Components Of Income Tax Provision (Benefit)

The significant components of the income tax provision (benefit) were (in millions):



	Year Ended December 31,
	2013			2012			2011
Current	$	(22	)	$	—		$	(25	)
Deferred	(324		)	(569		)	25
Income tax benefit	$	(346	)	$	(569	)	$	—

Computation Of Income Tax Expense (Benefit)

The income tax expense (benefit) differed from amounts computed at the statutory federal income tax rate as follows (in millions):



	Year Ended December 31,
	2013			2012			2011
Statutory income tax provision benefit	$	(763	)	$	(857	)	$	(691	)
State income tax expense (benefit), net of federal tax effect	(8		)	(32		)	(37		)
Book expenses not deductible for tax purposes	27			19			9
Bankruptcy administration expenses	83			26			—
Interest cutback to net operating loss (NOL)	141			—			—
Alternative minimum tax credit refund	(22		)	—			—
Change in valuation allowance	717			839			705
Tax benefit resulting from OCI allocation	(538		)	(569		)	—
Other, net	17			5			14
Income tax benefit	$	(346	)	$	(569	)	$	—

Deferred Tax Assets And Liabilities

The components of AAG's deferred tax assets and liabilities were (in millions):



	December 31,
	2013			2012
Deferred tax assets:
Postretirement benefits other than pensions	$	643		$	440
Rent expense	355			127
Alternative minimum tax credit carryforwards	370			367
Operating loss carryforwards	3,655			2,256
Pensions	1,765			2,455
Frequent flyer obligation	1,075			657
Gains from lease transactions	56			6
Reorganization items	682			864
Other	871			754
Total deferred tax assets	9,472			7,926
Valuation allowance	(5,013		)	(4,411		)
Net deferred tax assets	4,459			3,515
Deferred tax liabilities:
Accelerated depreciation and amortization	(4,460		)	(3,318		)
Other	(519		)	(197		)
Total deferred tax liabilities	(4,979		)	(3,515		)
Net deferred tax asset (liability)	$	(520	)	$	—

Reconciliation Of Unrecognized Tax Benefit

The reconciliation of the beginning and ending amounts of unrecognized tax benefit are (in millions):



	2013		2012
Unrecognized Tax Benefit at January 1	$	6	$	6
No Activity	—		—
Unrecognized Tax Benefit at December 31	$	6	$	6

AA [Member]

Income Tax Disclosure [Line Items]

Components Of Income Tax Provision (Benefit)

The significant components of the income tax provision (benefit) were (in millions):



	Year Ended December 31,
	2013			2012			2011
Current	$	(30	)	$	—		$	(25	)
Deferred	(324		)	(569		)	25
Income tax benefit	$	(354	)	$	(569	)	$	—

Computation Of Income Tax Expense (Benefit)

The income tax expense (benefit) differed from amounts computed at the statutory federal income tax rate as follows (in millions):



	Year Ended December 31,
	2013			2012			2011
Statutory income tax provision benefit	$	(658	)	$	(873	)	$	(686	)
State income tax benefit, net of federal tax effect	(14		)	(35		)	(32		)
Book expenses not deductible for tax purposes	20			20			7
Bankruptcy administration expenses	82			26			—
Interest cutback to net operating loss (NOL)	53			—			—
Alternative minimum tax credit refund	(30		)	—			—
Change in valuation allowance	714			858			697
Tax benefit resulting from OCI allocation	(538		)	(569		)	—
Other, net	17			4			14
Income tax benefit	$	(354	)	$	(569	)	$	—

Deferred Tax Assets And Liabilities

The components of American's deferred tax assets and liabilities were (in millions):



	December 31,
	2013			2012
Deferred tax assets:
Postretirement benefits other than pensions	$	342		$	442
Rent expense	55			60
Alternative minimum tax credit carryforwards	467			493
Operating loss carryforwards	3,302			2,296
Pensions	1,747			2,455
Frequent flyer obligation	620			657
Gains from lease transactions	24			5
Reorganization items	675			863
Other	975			963
Total deferred tax assets	8,207			8,234
Valuation allowance	(5,239		)	(5,084		)
Net deferred tax assets	2,968			3,150
Deferred tax liabilities:
Accelerated depreciation and amortization	(2,932		)	(2,960		)
Other	(250		)	(190		)
Total deferred tax liabilities	(3,182		)	(3,150		)
Net deferred tax asset (liability)	$	(214	)	$	—

Reconciliation Of Unrecognized Tax Benefit

The reconciliation of the beginning and ending amounts of unrecognized tax benefit are (in millions):



	2013		2012
Unrecognized Tax Benefit at January 1	$	5	$	5
No Activity	—		—
Unrecognized Tax Benefit at December 31	$	5	$	5

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

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