US Airways 2007 Annual Report Download - page 135

Table of Contents
US Airways, Inc.
Consolidated Statements of Stockholder's Equity (Deficit)
For the Years Ended December 31, 2007, 2006 and 2005
Additional Accumulated Other
Common Paid-in Accumulated Deferred Comprehensive
Stock Capital Deficit Compensation Income (Loss) Total
(In millions)
Predecessor Company:
Balance at December 31, 2004 $ — $ 349 $ (738) $ (14) $ (98) $ (501)
Amortization of deferred compensation — — — 10 — 10
Unrealized loss on fuel cash flow hedges, net — — — — (17) (17)
Minimum pension liability change — — — — 29 29
Net income — — 280 — — 280
Fresh-start adjustments:
Adjustments to stockholder's deficit in connection with fresh-start — (348) 444 4 86 186
Successor Company:
Balance at September 30, 2005 — 1 (14) — — (13)
Contribution of ownership in America West Holdings to US Airways
by US Airways Group — 10 (551) — — (541)
Net loss — — (256) — — (256)
Balance at December 31, 2005 — 11 (821) — — (810)
Net income — — 349 — — 349
Balance at December 31, 2006 — 11 (472) — — (461)
Forgiveness of intercompany payable to US Airways Group — 1,834 — — — 1,834
Unrealized loss on available for sale securities, net — — — — (48) (48)
Actuarial gain associated with pension and other postretirement
benefits — — — — 47 47
Net income — — 478 — — 478
Balance at December 31, 2007 $ — $ 1,845 $ 6 $ — $ (1) $1,850
See accompanying notes to consolidated financial statements.
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