Alaska Airlines and Horizon Air 2013 Annual Report Download - page 143

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ALASKA AIR GROUP, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE OPERATIONS
Year Ended December 31 (in millions) 2013 2012 2011
Net Income .................................................. $ 508 $ 316 $ 245
Other comprehensive income (loss):
Related to marketable securities:
Unrealized holding gains (losses) arising during the period .......... (9) 9 (1)
Reclassification adjustment for (gains) losses included in net income
(within Nonoperating Income (Expense), Other—net) ............. (2) (7) (3)
Income tax benefit (expense) ................................. 4(1) 1
Total .................................................. (7) 1 (3)
Related to employee benefit plans:
Actuarial gains/(losses) related to pension and other post retirement
benefit plans ............................................ 358 (107) (199)
Reclassification adjustment for amortization of net pension expense
(within Wages and Benefits) ................................ 42 39 24
Income tax benefit (expense) ................................. (150) 25 65
Total .................................................. 250 (43) (110)
Related to interest rate derivative instruments:
Unrealized holding gains (losses) arising during the period .......... 10 (10) (26)
Reclassification adjustment for (gains) losses included in net income
(within Aircraft Rent) ...................................... 666
Income tax benefit (expense) ................................. (6) —10
Total .................................................. 10 (4) (10)
Other comprehensive income (loss) .............................. 253 (46) (123)
Comprehensive income ........................................ $ 761 $ 270 $ 122
See accompanying notes to consolidated financial statements.
57
ŠForm 10-K