United Airlines 2009 Annual Report Download - page 80

Download and view the complete annual report

Please find page 80 of the 2009 United Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 176

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176

Table of Contents
UAL Corporation and Subsidiary Companies
Statements of Consolidated Financial Position
(In millions, except shares)
At December 31,
2009 2008
Liabilities and Stockholders’ Deficit
Current liabilities:
Mileage Plus deferred revenue $ 1,515 $ 1,414
Advance ticket sales 1,492 1,530
Accounts payable 803 829
Accrued salaries, wages and benefits 701 756
Long-term debt maturing within one year (Note 11) 545 782
Current obligations under capital leases (Note 14) 426 168
Fuel purchase commitments 275 219
Fuel derivative instruments (Note 12) 5 718
Other 711 865
6,473 7,281
Long-term debt (Note 11) 6,378 5,862
Long-term obligations under capital leases (Note 14) 1,194 1,192
Other liabilities and deferred credits:
Mileage Plus deferred revenue 2,720 2,768
Postretirement benefit liability (Note 8) 1,928 1,812
Advanced purchase of miles (Note 16) 1,157 1,087
Deferred income taxes 551 804
Other 1,094 980
7,450 7,451
Commitments and contingent liabilities (Note 13)
Stockholders’ deficit:
Preferred stock (Note 4)
Common stock at par, $0.01 par value; authorized 1,000,000,000 shares; outstanding 167,610,620 and 140,037,928 shares at
December 31, 2009 and 2008, respectively (Note 4) 2 1
Additional capital invested 3,136 2,919
Retained deficit (5,956) (5,308)
Stock held in treasury, at cost (Note 4) (28) (26)
Accumulated other comprehensive income (Note 10) 35 93
(2,811) (2,321)
$ 18,684 $ 19,465
See accompanying Combined Notes to Consolidated Financial Statements.
76