United Airlines 2011 Annual Report Download - page 125

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Table of Contents

The tables below present the components of the Company’s accumulated other comprehensive income (loss), net of tax (in millions):














 
Balance at December 31, 2008 $130 $(37) $ 93
Change in fair value of financial instruments 15 15
Employee benefit plans:
Reclassification of unrecognized net actuarial gains into earnings (9) (9)
Current year actuarial loss (64) (64)
Balance at December 31, 2009 57 (22) 35
Derivative financial instruments:
Reclassification of losses into earnings 68 68
Change in fair value of derivatives 168 168
Change in fair value of other financial instruments 21 21
Employee benefit plans:
Reclassification of unrecognized net actuarial gains into earnings (12) (12)
Current year actuarial gain 107 107
Balance at December 31, 2010 152 235 387
Derivative financial instruments:
Reclassification of gains into earnings (503) (503)
Change in fair value of derivatives 163 163
Employee benefit plans:
Reclassification of unrecognized net actuarial gains into earnings (24) (24)
Current year actuarial loss (440) (440)
Balance at December 31, 2011 $(312) $(105) $(417)
124