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Special Items, Net
6 Months Ended
Jun. 30, 2023
Restructuring Cost and Reserve [Line Items]  
Special Items, Net Special Items, Net
Special items, net in the condensed consolidated statements of operations consisted of the following (in millions):
 Three Months Ended June 30,Six Months Ended June 30,
 2023202220232022
Severance expenses (1)
$— $— $21 $— 
Fleet impairment (2)
— — — 149 
Other operating special items, net— (5)(8)
Mainline operating special items, net— (5)13 152 
Regional operating special items, net— — 
Operating special items, net(5)19 152 
Debt refinancing and extinguishment17 — 34 
Mark-to-market adjustments on equity investments, net (3)
11 89 11 90 
Nonoperating special items, net28 89 45 92 
Income tax special items, net— (9)— (9)
(1)Severance expenses for the six months ended June 30, 2023 primarily included costs associated with headcount reductions in certain corporate functions.
(2)Fleet impairment for the six months ended June 30, 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)Mark-to-market adjustments on equity investments, net included unrealized gains and losses associated with certain equity investments.
American Airlines, Inc.  
Restructuring Cost and Reserve [Line Items]  
Special Items, Net Special Items, Net
Special items, net in the condensed consolidated statements of operations consisted of the following (in millions):
 Three Months Ended June 30,Six Months Ended June 30,
 2023202220232022
Severance expenses (1)
$— $— $21 $— 
Fleet impairment (2)
— — — 149 
Other operating special items, net — (5)(8)
Mainline operating special items, net— (5)13 152 
Debt refinancing and extinguishment17 — 34 — 
Mark-to-market adjustments on equity investments, net (3)
11 89 11 90 
Nonoperating special items, net28 89 45 90 
Income tax special items, net— (9)— (9)
(1)Severance expenses for the six months ended June 30, 2023 primarily included costs associated with headcount reductions in certain corporate functions.
(2)Fleet impairment for the six months ended June 30, 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)Mark-to-market adjustments on equity investments, net included unrealized gains and losses associated with certain equity investments.