US Airways 2008 Annual Report Download - page 161

Table of Contents
US Airways, Inc.
Notes to Consolidated Financial Statements — (Continued)
The components of accumulated other comprehensive income (loss) were as follows (in millions):
December 31, December 31,
2008 2007
Accumulated net unrealized losses on available for sale securities $ — $ (48)
Actuarial gains associated with pension and other postretirement benefits, net of amortization 78 47
Accumulated other comprehensive income $ 78 $ (1)
The accumulated other comprehensive income is not presented net of tax as any tax effects resulting from the items above have
been immediately offset by the recording of a valuation allowance through the same financial statement caption.
10. Supplemental cash flow information
Supplemental disclosure of cash flow information and non-cash investing and financing activities were as follows (in millions):
Year Ended December 31,
2008 2007 2006
Non-cash transactions:
Interest payable converted to debt $ 7 $ — $ —
Maintenance payable converted to debt 33 — —
Forgiveness of intercompany payable to US Airways Group — 1,834 —
Repayment of Barclays prepaid miles loan by US Airways Group — 325 —
Unrealized loss on available for sale securities — 48 —
Repayment of ATSB, Airbus and GECC loans by US Airways Group — — 981
Conversion of 7.5% convertible senior notes, net of discount of $17 million to common stock — — 95
Loan proceeds received by US Airways Group — — 64
Notes payable canceled under the aircraft purchase agreement — — 4
Equipment purchases financed by capital lease — — 3
Cash transactions:
Interest paid, net of amounts capitalized 124 122 170
Income taxes paid — 4 12
11. Related party transactions
The following represents net payable balances with related parties (in millions):
December 31,
2008 2007
US Airways Group $ 949 $ 986
US Airways Group wholly owned subsidiaries 36 81
$ 985 $ 1,067
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