Special Items, Net (Tables)

3 Months Ended

Mar. 31, 2023

Restructuring Cost and Reserve [Line Items]

Components of Special Items, Net in Condensed Consolidated Statements of Operations

Special items, net in the condensed consolidated statements of operations consisted of the following (in millions):

	Three Months Ended March 31,
	2023		2022
Severance expenses (1)	$	21	$	—
Fleet impairment (2)	—		149
Other operating special items, net	(8)		8
Mainline operating special items, net	13		157
Nonoperating special items, net (3)	15		3

(1)Severance expenses in the first quarter of 2023 primarily included costs associated with headcount reductions in certain corporate functions.

(2)Fleet impairment in the first quarter of 2022 included a non-cash impairment charge to write down the carrying value of our retired Airbus A330 fleet to the estimated fair value due to the market conditions for certain used aircraft. We retired our Airbus A330 fleet in 2020 as a result of the decline in demand for air travel due to the COVID-19 pandemic.

(3)Nonoperating special items, net principally included charges associated with debt refinancings and extinguishments.

American Airlines, Inc.

Restructuring Cost and Reserve [Line Items]

Components of Special Items, Net in Condensed Consolidated Statements of Operations

Special items, net in the condensed consolidated statements of operations consisted of the following (in millions):

	Three Months Ended March 31,
	2023		2022
Severance expenses (1)	$	21	$	—
Fleet impairment (2)	—		149
Other operating special items, net	(8)		8
Mainline operating special items, net	13		157
Nonoperating special items, net (3)	15		3

(1)Severance expenses in the first quarter of 2023 primarily included costs associated with headcount reductions in certain corporate functions.

(2)Fleet impairment in the first quarter of 2022 included a non-cash impairment charge to write down the carrying value of American’s retired Airbus A330 fleet to the estimated fair value due to the market conditions for certain used aircraft. American retired its Airbus A330 fleet in 2020 as a result of the decline in demand for air travel due to the COVID-19 pandemic.

(3)Nonoperating special items, net principally included charges associated with debt refinancings and extinguishments.