Air Canada 2012 Annual Report Download - page 119
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2012 Consolidated Financial Statements and Notes
119
11. OTHER LONG-TERM LIABILITIES
2012 2011
Proceeds from contractual commitments (a) $ 107 $107
Deferred income tax Note 12 49 48
Collateral held in leasing arrangements and other deposits 46 40
Aircraft rent in excess of lease payments Note 2BB 33 55
Long-term employee liabilities 28 30
Other Note 10(b) 164 189
$ 427 $469
(a) Proceeds from contractual commitments represent non-refundable proceeds received, net of related costs and deposits,
in consideration of various contractual commitments and will be recognized as reductions in the cost of those
contractual commitments when incurred.