Delta Airlines 2003 Annual Report Download - page 122

Table of Contents
The following table shows the components of accumulated other comprehensive income (loss) at December 31, 2003, 2002 and 2001, and the activity for the
years then ended:
Additional
Minimum Fuel Marketable
Pension Derivative Equity
(in millions) Liability Instruments Securities Other Total
Balance at December 31, 2000 $ — $ 268 $ 92 $ — $ 360
Unrealized gain (loss) — (100) (84) 2 (182)
Realized loss — (299) (73) — (372)
Tax effect — 156 64 (1) 219
Net of tax — (243) (93) 1 (335)
Balance at December 31, 2001 — 25 (1) 1 25
Additional minimum pension liability adjustment (2,558) — — — (2,558)
Unrealized gain (loss) — 143 (9) (2) 132
Realized (gain) loss — (136) 4 — (132)
Tax effect 972 (3) 1 1 971
Net of tax (1,586) 4 (4) (1) (1,587)
Balance at December 31, 2002 (1,586) 29 (5) — (1,562)
Additional minimum pension liability adjustments (1,268) — — — (1,268)
Unrealized gain — 159 6 — 165
Realized (gain) — (152) (5) — (157)
Impairment — — 8 — 8
Tax effect 482 (2) (4) — 476
Net of tax (786) 5 5 — (776)
Balance at December 31, 2003 $ (2,372) $ 34 $ — $ — $ (2,338)
We estimate that effective gains of $34 million, net of tax, will be realized during 2004 as (1) fuel hedge contracts settle and (2) the related aircraft fuel
purchases being hedged are consumed and recognized in expense. See Note 4 for additional information regarding our fuel hedge contracts. See Note 22 for
information regarding the early settlement of our fuel hedge contracts.
See Note 11 for additional information related to our additional minimum pension liability.
Note 14. Geographic Information
SFAS No. 131, "Disclosures about Segments of an Enterprise and Related Information" (SFAS 131), requires us to disclose certain information about our
operating segments. Operating segments are defined as components of an enterprise with separate financial information which is
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