United Airlines 2012 Annual Report Download - page 84

Table of Contents
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


  
Current liabilities:
Advance ticket sales $ 39 $ 1,462
Frequent flyer deferred revenue — 921
Accounts payable 798 894
Accrued salaries and benefits 559 521
Current maturities of long-term debt 722 571
Current maturities of capital leases 3 3
Payables to related parties 2,542 11
Other 210 279
4,873 4,662
Long-term debt 5,753 4,957
Long-term obligation under capital leases 174 193
Other liabilities and deferred credits:
Frequent flyer deferred revenue — 1,235
Postretirement benefit liability 230 292
Pension liability 2,303 1,770
Advanced purchase of miles — 270
Deferred income taxes 822 820
Lease fair value adjustment, net 881 1,133
Payables to related parties 270 —
Other 460 507
4,966 6,027
Commitments and contingencies
Stockholder’s equity:
Common stock at par, $0.01 par value; authorized 1,000 shares; issued and outstanding 1,000
shares at December 31, 2012 and 2011 — —
Additional capital invested 4,167 4,148
Retained earnings 1,001 474
Accumulated other comprehensive loss (821) (297)
4,347 4,325
$20,113 $20,164
The accompanying Combined Notes to Consolidated Financial Statements are an integral part of these statements.
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