United Airlines 2014 Annual Report Download - page 66

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Table of Contents





Current liabilities:
Advance ticket sales $ 3,701 $ 3,405
Frequent flyer deferred revenue 2,058 2,369
Accounts payable 1,886 2,092
Accrued salaries and benefits 1,818 1,696
Current maturities of long-term debt 1,313 1,368
Current maturities of capital leases 110 117
Fuel derivative instruments 694 —
Payables to related parties — 114
Other 933 1,064
12,513 12,225
Long-term debt 10,120 10,020
Long-term obligations under capital leases 571 753
Other liabilities and deferred credits:
Frequent flyer deferred revenue 2,879 2,535
Postretirement benefit liability 1,933 1,703
Pension liability 2,226 1,650
Advanced purchase of miles 1,217 1,338
Deferred income taxes 1,591 1,661
Lease fair value adjustment 466 626
Other 1,957 1,552
12,269 11,065
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, 2014 and 2013 — —
Additional capital invested 7,347 7,590
Accumulated deficit (3,628) (4,743)
Accumulated other comprehensive income (loss) (1,079) 608
Receivable from related parties (5) (232)
2,635 3,223
$38,108 $37,286
The accompanying Combined Notes to Consolidated Financial Statements are an integral part of these statements.
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