United Airlines 2012 Annual Report Download - page 119

Table of Contents

The tables below present the components of the Company’s accumulated other comprehensive income (loss) (“AOCI”), net of tax (in millions):














 
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 gains 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 losses (440) — (440)
Balance at December 31, 2011 (312) (105) (417)
Derivative financial instruments:
Reclassification of losses into earnings — 141 141
Change in fair value of derivatives — (51) (51)
Change in fair value of other financial instruments — 11 11
Employee benefit plans:
Reclassification of unrecognized net actuarial losses into earnings 17 — 17
Current year actuarial losses (747) — (747)
Balance at December 31, 2012 $ (1,042) $ (4) $ (1,046)
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