American Airlines 2002 Annual Report Download - page 81
Download and view the complete annual report
Please find page 81 of the 2002 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.-
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
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71 -
72 -
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87 -
88 -
89 -
90 -
91 -
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
 |
 |
79
12. Retirement Benefits (Continued)
The following tables provide the components of net periodic benefit cost for the years ended December
31, 2002, 2001 and 2000 (in millions):
Pension Benefits
2002 2001 2000
Components of net periodic benefit cost
Defined benefit plans:
Service cost $ 352 $ 260 $ 213
Interest cost 569 515 467
Expected return on assets (501) (539) (490)
Amortization of:
Transition asset (1) (1) (1)
Prior service cost 21 11 10
Unrecognized net loss 49 22 17
Settlement loss 33 - -
Net periodic benefit cost for
defined benefit plans 522 268 216
Defined contribution plans 213 244 174
Total $ 735 $ 512 $ 390
Other Benefits
2002 2001 2000
Components of net periodic benefit cost
Service cost $ 77 $ 66 $ 43
Interest cost 207 175 108
Expected return on assets (9) (9) (7)
Amortization of:
Prior service cost (6) (5) (5)
Unrecognized net gain - - (14)
Net periodic benefit cost $ 269 $ 227 $ 125
The following table provides the amounts recognized in the consolidated balance sheets as of December
31, 2002 and 2001 (in millions):
Pension Benefits Other Benefits
2002 2001 2002 2001
Prepaid benefit cost $ 54 $ 123 $ - $ -
Accrued benefit liability (453) (328) (2,654) (2,538)
Additional minimum liability (1,623) (335) - -
Intangible asset 330 163 - -
Accumulated other comprehensive
loss 1,293 172 - -
Net amount recognized $ (399) $ (205) $ (2,654) $ (2,538)