US Airways 2003 Annual Report Download - page 56

Table of Contents
US Airways, Inc.
Consolidated Statements of Stockholder's Equity (Deficit)
Three Years Ended December 31, 2003
(in millions)
Common
Stock
Paid-in
capital
Accumulated
deficit
Receivable
from
parent
company
Accumulated other comprehensive income
(loss), net of income tax effect
Total
Comprehensive
income (loss)
Unrealized
gain (loss) on
available-for-
sale securities
Unrealized
gain (loss) on
cash flow
hedges
Adjustment
for minimum
pension
liability
Predecessor Company:
Balance as of December 31, 2000 $ — $2,608 $ (837) $ (2,262) $ 2 $ — $ — $ (489)
Distributions to affiliate, net — (7) — — — — — (7)
Interest related to $232 million financing to
purchase Shuttle, Inc., net of income tax
effect — 10 — — — — — 10
Unrealized loss on fuel cash flow hedges, net
of reclassification adjustment — — — — — (17) — (17) $ (17)
Minimum pension liability change — — — — — — (138) (138) (138)
Net loss — — (1,989) — — — — (1,989) (1,989)
Total comprehensive loss $ (2,144)
Balance as of December 31, 2001 — 2,611 (2,826) (2,262) 2 (17) (138) (2,630)
Merger of USLM, Inc. — 47 — — — — — 47
Interest related to $232 million financing to
purchase Shuttle, Inc., net of income tax
effect — 3 — — — — — 3
Unrealized loss on available-for-sale
securities, net of reclassification
adjustment — — — — (2) — — (2) $ (2)
Unrealized gain on fuel cash flow hedges, net
of reclassification adjustment — — — — — 27 — 27 27
Minimum pension liability change — — — — — — (742) (742) (742)
Net loss — — (1,659) — — — — (1,659) (1,659)
Total comprehensive loss $ (2,376)
Balance as of December 31, 2002 $ — $2,661 $ (4,485) $ (2,262) $ — $ 10 $ (880) $(4,956)
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