American Airlines 2001 Annual Report Download - page 20

Download and view the complete annual report

Please find page 20 of the 2001 American Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 48

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48

18
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’
(in millions, except share amounts)
Common
Stock
Additional
Paid-in
Capital
Treasury
Stock
Accumulated
Other
Comprehensive
Loss
Retained
Earnings Total
Balance at January 1, 1999 $ 182 $ 3,075 $ (1,288) $ (4) $ 4,733 $ 6,698
Net earnings - - - - 985 985
Adjustment for minimum pension
liability, net of tax of $1 - - - 3 - 3
Unrealized loss on investments,
net of tax of $1 - - - (1) - (1)
Total comprehensive income 987
Repurchase of 14,062,358 common
shares - - (871) - - (871)
Issuance of 955,940 shares from
Treasury pursuant to stock option,
deferred stock and restricted stock
incentive plans, net of tax of $4 - (14) 58 - - 44
Balance at December 31, 1999 182 3,061 (2,101) (2) 5,718 6,858
Net earnings - - - - 813 813
Adjustment for minimum pension
liability, net of tax of $3 - - - (5) - (5)
Unrealized gain on investments,
net of tax of $2 - - - 5 - 5
Total comprehensive income 813
Distribution of Sabre Holdings
Corporation shares to AMR
shareholders - - - - (581) (581)
Issuance of 3,817,892 shares from
Treasury pursuant to stock option,
deferred stock and restricted stock
incentive plans, net of tax of $11 - (150) 236 - - 86
Balance at December 31, 2000 182 2,911 (1,865) (2) 5,950 7,176
Net loss - - - - (1,762) (1,762)
Adjustment for minimum pension
liability, net of tax of $60 - - - (101) - (101)
Changes in fair value of derivative
financial instruments, net of
tax of $29 - - - (46) - (46)
Unrealized gain on investments,
net of tax of $2 - - - 3 - 3
Total comprehensive loss (1,906)
Issuance of 2,421,838 shares from
Treasury pursuant to stock option,
deferred stock and restricted stock
incentive plans, net of tax of $58 - (46) 149 - - 103
Balance at December 31, 2001 $ 182 $ 2,865 $ (1,716) $ (146) $ 4,188 $ 5,373
The accompanying notes are an integral part of these financial statements.
EQUITY