Financial Information for Subsidiary Guarantors and Non-guarantor Subsidiaries (Tables)

3 Months Ended

Mar. 31, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Consolidating Statement of Operations

	Three Months Ended March 31, 2014
	American Airlines Group (Parent Company Only)			American			US Airways Group (Parent Company Only)			US Airways			Non-Guarantor Subsidiaries			Eliminations and Reclassifications			American Airlines Group Inc. Consolidated
Operating revenues
Mainline passenger	$	—		$	4,906		$	—		$	2,352		$	—		$	—		$	7,258
Regional passenger	—			669			—			738			—			—			1,407
Cargo	—			168			—			38			—			—			206
Other	—			726			—			418			744			(764		)	1,124
Total operating revenues	—			6,469			—			3,546			744			(764		)	9,995
Operating expenses
Aircraft fuel and related taxes	—			1,871			—			840			—			—			2,711
Salaries, wages and benefits	—			1,398			—			719			197			(195		)	2,119
Regional expenses	—			758			—			828			—			8			1,594
Maintenance, materials and repairs	—			332			—			153			85			(85		)	485
Other rent and landing fees	—			285			—			139			7			(7		)	424
Aircraft rent	—			216			—			104			21			(21		)	320
Selling expenses	—			284			—			117			—			—			401
Depreciation and amortization	—			214			—			95			10			(12		)	307
Special items, net	24			(216		)	—			55			3			(3		)	(137		)
Other	2			749			—			308			431			(449		)	1,041
Total operating expenses	26			5,891			—			3,358			754			(764		)	9,265
Operating income (loss)	(26		)	578			—			188			(10		)	—			730
Nonoperating income (expense)
Interest income	2			7			—			1			1			(4		)	7
Interest expense, net	(4		)	(168		)	(10		)	(65		)	—			4			(243		)
Equity in earnings of subsidiaries	453			—			118			—			—			(571		)	—
Other, net	—			(5		)	(56		)	3			1			56			(1		)
Total nonoperating income (expense), net	451			(166		)	52			(61		)	2			(515		)	(237		)
Income (loss) before income taxes	425			412			52			127			(8		)	(515		)	493
Income tax provision	1			11			—			1			—			—			13
Net income (loss)	$	424		$	401		$	52		$	126		$	(8	)	$	(515	)	$	480

Condensed Consolidating Statement of Comprehensive Income

	Three Months Ended March 31, 2014
	American Airlines Group (Parent Company Only)		American			US Airways Group (Parent Company Only)		US Airways			Non-Guarantor Subsidiaries			Eliminations and Reclassifications			American Airlines Group Inc. Consolidated
Net income (loss)	$	424	$	401		$	52	$	126		$	(8	)	$	(515	)	$	480
Other comprehensive loss before tax:
Defined benefit pension plans and retiree medical:
Amortization of actuarial gain and prior service cost	—		(44		)	—		(1		)	—			—			(45		)
Derivative financial instruments:
Change in fair value	—		(67		)	—		—			—			—			(67		)
Reclassification into earnings	—		7			—		—			—			—			7
Unrealized gain (loss) on investments:
Net change in value	—		2			—		—			—			—			2
Other comprehensive loss before tax	—		(102		)	—		(1		)	—			—			(103		)
Non-cash tax provision	—		—			—		—			—			—			—
Comprehensive income (loss)	$	424	$	299		$	52	$	125		$	(8	)	$	(515	)	$	377

Condensed Consolidating Balance Sheet

	March 31, 2014
	American Airlines Group (Parent Company Only)			American			US Airways Group (Parent Company Only)			US Airways			Non-Guarantor Subsidiaries		Eliminations and Reclassifications			American Airlines Group Inc. Consolidated
ASSETS
Current assets
Cash	$	1		$	983		$	1		$	269		$	5	$	—		$	1,259
Short-term investments	—			4,979			—			3,423			3		—			8,405
Restricted cash and short-term investments	—			699			—			248			—		—			947
Accounts receivable, net	(7		)	1,521			—			473			21		—			2,008
Receivables from related parties,net	2,474			—			155			444			499		(3,572		)	—
Aircraft fuel, spare parts and supplies, net	—			664			—			330			58		—			1,052
Prepaid expenses and other	—			606			—			989			22		(95		)	1,522
Total current assets	2,468			9,452			156			6,176			608		(3,667		)	15,193
Operating property and equipment	—			13,928			—			5,736			280		—			19,944
Other assets
Investment in subsidiaries	—			—			5,461			—			—		(5,461		)	—
Goodwill	—			—			—			4,089			—		—			4,089
Intangibles, net of accumulated amortization	—			844			—			1,475			—		—			2,319
Other assets	42			2,016			—			136			32		(34		)	2,192
Total other assets	42			2,860			5,461			5,700			32		(5,495		)	8,600
Total assets	$	2,510		$	26,240		$	5,617		$	17,612		$	920	$	(9,162	)	$	43,737
LIABILITIES & STOCKHOLDERS’ EQUITY (DEFICIT)
Current liabilities
Current maturities of long-term debt and capital leases	$	—		$	951		$	22		$	468		$	—	$	—		$	1,441
Accounts payable	—			1,230			—			374			42		—			1,646
Payables to related parties, net	—			2,843			421			84			224		(3,572		)	—
Air traffic liability	—			3,808			—			1,878			—		—			5,686
Frequent flyer liability	—			1,761			—			1,190			—		—			2,951
Other accrued liabilities	(12		)	1,972			168			1,076			151		—			3,355
Total current liabilities	(12		)	12,565			611			5,070			417		(3,572		)	15,079
Noncurrent liabilities
Long-term debt and capital leases, net of current maturities	7			9,590			523			5,158			—		(34		)	15,244
Pensions and postretirement benefits	—			5,631			—			108			27		—			5,766
Mandatorily convertible preferred stock and other bankruptcy settlement obligations	74			2,242			—			—			6		—			2,322
Negative investment in subsidiaries	1,345			—			—			—			—		(1,345		)	—
Other liabilities	1			2,453			—			1,861			272		(356		)	4,231
Total noncurrent liabilities	1,427			19,916			523			7,127			305		(1,735		)	27,563
Stockholders’ equity (deficit)
Common stock	6			—			—			—			—		—			6
Additional paid-in capital	14,040			8,481			4,629			5,468			192		(18,770		)	14,040
Accumulated other comprehensive income (loss)	(2,135		)	(2,254		)	11			11			—		2,232			(2,135		)
Retained earnings (deficit)	(10,816		)	(12,468		)	(157		)	(64		)	6		12,683			(10,816		)
Total stockholders’ equity (deficit)	1,095			(6,241		)	4,483			5,415			198		(3,855		)	1,095
Total liabilities and stockholders’ equity (deficit)	$	2,510		$	26,240		$	5,617		$	17,612		$	920	$	(9,162	)	$	43,737

AMERICAN AIRLINES GROUP INC.

CONDENSED CONSOLIDATING BALANCE SHEET

(In millions)(unaudited)

	December 31, 2013
	American Airlines Group (Parent Company Only)			American			US Airways Group (Parent Company Only)			US Airways			Non-Guarantor Subsidiaries		Eliminations and Reclassifications			American Airlines Group Inc. Consolidated
ASSETS
Current assets
Cash	$	1		$	829		$	1		$	303		$	6	$	—		$	1,140
Short-term investments	—			5,162			—			2,947			2		—			8,111
Restricted cash and short-term investments	—			702			—			333			—		—			1,035
Accounts receivable, net	—			1,186			—			357			17		—			1,560
Receivables from related parties, net	2,468			—			144			407			459		(3,478		)	—
Aircraft fuel, spare parts and supplies, net	—			620			—			296			96		—			1,012
Prepaid expenses and other	—			702			—			857			20		(114		)	1,465
Total current assets	2,469			9,201			145			5,500			600		(3,592		)	14,323
Operating property and equipment	—			13,469			—			5,506			284		—			19,259
Other assets
Investment in subsidiaries	—			—			5,317			—			—		(5,317		)	—
Goodwill	—			—			—			4,086			—		—			4,086
Intangibles, net of accumulated amortization	—			812			—			1,496			3		—			2,311
Other assets	42			2,130			—			131			30		(34		)	2,299
Total other assets	42			2,942			5,317			5,713			33		(5,351		)	8,696
Total assets	$	2,511		$	25,612		$	5,462		$	16,719		$	917	$	(8,943	)	$	42,278
LIABILITIES & STOCKHOLDERS’ EQUITY (DEFICIT)
Current liabilities
Current maturities of long-term debt and capital leases	$	—		$	957		$	22		$	467		$	—	$	—		$	1,446
Accounts payable	—			1,013			—			304			51		—			1,368
Payables to related parties, net	—			2,807			408			50			213		(3,478		)	—
Air traffic liability	—			3,145			—			1,235			—		—			4,380
Frequent flyer liability	—			1,760			—			1,245			—		—			3,005
Other accrued liabilities	(9		)	2,237			103			1,137			139		—			3,607
Total current liabilities	(9		)	11,919			533			4,438			403		(3,478		)	13,806
Noncurrent liabilities
Long-term debt and capital leases, net of current maturities	7			9,852			523			5,005			—		(34		)	15,353
Pensions and postretirement benefits	—			5,693			—			109			26		—			5,828
Mandatorily convertible preferred stock and other bankruptcy settlement obligations	435			5,424			—			—			69		—			5,928
Negative investment in subsidiaries	4,808			—			—			—			—		(4,808		)	—
Other liabilities	1			2,384			—			1,905			277		(473		)	4,094
Total noncurrent liabilities	5,251			23,353			523			7,019			372		(5,315		)	31,203
Stockholders’ equity (deficit)
Common stock	5			—			—			—			—		—			5
Additional paid-in capital	10,592			5,361			4,602			5,441			126		(15,530		)	10,592
Accumulated other comprehensive income (loss)	(2,032		)	(2,152		)	12			12			—		2,128			(2,032		)
Retained earnings (deficit)	(11,296		)	(12,869		)	(208		)	(191		)	16		13,252			(11,296		)
Total stockholders’ equity (deficit)	(2,731		)	(9,660		)	4,406			5,262			142		(150		)	(2,731		)
Total liabilities and stockholders’ equity (deficit)	$	2,511		$	25,612		$	5,462		$	16,719		$	917	$	(8,943	)	$	42,278