United Airlines 2009 Annual Report Download - page 85
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Table of Contents
United Air Lines, Inc. and Subsidiary Companies
Statements of Consolidated Financial Position
(In millions, except shares)
At December 31,
2009 2008
Liabilities and Stockholder’s Deficit
Current liabilities:
Mileage Plus deferred revenue $ 1,515 $ 1,414
Advance ticket sales 1,492 1,530
Accounts payable 806 833
Accrued salaries, wages and benefits 701 756
Long-term debt maturing within one year (Note 11) 544 780
Current obligations under capital leases (Note 14) 426 168
Fuel purchase commitments 275 219
Fuel derivative instruments (Note 12) 5 718
Other 816 1,128
6,580 7,546
Long-term debt (Note 11) 6,033 5,861
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 469 724
Other 1,096 981
7,370 7,372
Commitments and contingent liabilities (Note 13)
Stockholder’s deficit:
Common stock at par, $5 par value; authorized 1,000 shares; issued 205 shares at December 31, 2009 and 2008 — —
Additional capital invested 3,401 2,831
Retained deficit (5,888) (5,260)
Accumulated other comprehensive income 35 93
(2,452) (2,336)
$ 18,725 $ 19,635
See accompanying Combined Notes to Consolidated Financial Statements.
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