US Airways 2003 Annual Report Download - page 57

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
Deferred
compensation
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
Balance as of December 31, 2002 $ — $ 2,661 $ (4,485) $ (2,262) $ — $ — $ 10 $ (880) $(4,956)
Unrealized loss on fuel cash flow hedges,
net of reclassification adjustment — — — — — — (11) — (11) $ (11)
Termination of pilot pension plan — — — — — — — 85 85 85
Net income — — 1,613 — — — — — 1,613 1,613
Reorganization adjustments:
Adjustments to Stockholder's Deficit
in connection with reorganization — (2,481) 2,872 2,025 — — 1 795 3,212 796
Repayment of parent company's loan — — — 237 — — — — 237
Deferred compensation related to
labor groups — 169 — — (169) — — — —
Total comprehensive income $ 2,483
Successor Company:
Balance as of March 31, 2003 — 349 — — (169) — — — 180
Amortization of deferred compensation — — — — 124 — — — 124
Unrealized gain on fuel cash flow hedges,
net of reclassification adjustment — — — — — — 31 — 31 $ 31
Minimum pension liability change — — — — — — — (86) (86) (86)
Net loss — — (160) — — — — — (160) (160)
Total comprehensive loss $ (215)
Balance as of December 31, 2003 $ — $ 349 $ (160) $ — $ (45) $ — $ 31 $ (86) $ 89
See accompanying Notes to Consolidated Financial Statements.
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