US Airways 2005 Annual Report Download - page 217

Table of Contents
US Airways, Inc.
Statements of Stockholder's Equity (Deficit)
Three Years Ended December 31, 2005
(in millions)
Accumulated Other
Comprehensive Income (Loss),
Net of Income Tax Effect
Unrealized
Gain Unrealized Adjustment
Receivable (Loss) on Gain for
from Available- (Loss) on Minimum Comprehensive
Common Paid-in Accumulated Parent Deferred for-Sale Cash Flow Pension Income
Stock Capital Deficit Company Compensation Securities Hedges Liability Total (Loss)
Predecessor Company:
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
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
Amortization of deferred compensation — — — — 31 — — — 31
Unrealized loss on fuel cash flow hedges, net — — — — — — (9) — (9) $ (9)
Minimum pension liability change — — — — — — — (34) (34) (34)
Net loss — — (578) — — — — — (578) (578)
Total comprehensive loss $ (621)
Balance as of December 31, 2004 $ — $ 349 $ (738) $ — $ (14) $ — $ 22 $ (120) $ (501)
Amortization of deferred compensation — — — — 10 — — — 10
Unrealized loss on fuel cash flow hedges, net — — — — — — (17) — (17) $ (17)
Minimum pension liability change — — — — — — — 29 29 29
Net income — — 280 — — — — — 280 280
Fresh-start adjustments:
Adjustments to stockholder's deficit in connection with fresh-start — (348) 444 — 4 — (5) 91 186 86
Total comprehensive income $ 378
Successor Company:
Balance as of September 30, 2005 $ — $ 1 $ (14) $ — $ — $ — $ — $ — $ (13)
Net loss — — (120) — — — — — (120) (120)
Total comprehensive loss $ (120)
Balance as of December 31, 2005 $ — $ 1 $ (134) $ — $ — $ — $ — $ — $ (133)
See accompanying notes to the financial statements.
211