Alaska Airlines and Horizon Air 2007 Annual Report Download - page 165
Download and view the complete annual report
Please find page 165 of the 2007 Alaska Airlines and Horizon Air annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155 -
156 -
157 -
158 -
159 -
160 -
161 -
162 -
163 -
164 -
165 -
166 -
167 -
168 -
169 -
170 -
171 -
172 -
173 -
174 -
175 -
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
 |
 |
ALASKA AIR GROUP, INC.
CONSOLIDATED BALANCE SHEETS
As of December 31 (In millions except share amounts) 2007 2006
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Accounts payable .............................................. $ 101.5 $ 90.0
Accrued aircraft rent ............................................ 73.4 56.8
Accrued wages, vacation and payroll taxes ........................... 112.3 144.0
Other accrued liabilities ......................................... 448.5 404.3
Air traffic liability ............................................... 364.5 311.2
Securities lending obligation ...................................... 111.9 111.3
Current portion of long-term debt .................................. 175.9 119.1
Total Current Liabilities ......................................... 1,388.0 1,236.7
Long-Term Debt, Net of Current Portion ............................ 1,124.6 1,031.7
Other Liabilities and Credits
Deferred income taxes .......................................... 132.6 114.6
Deferred revenue ............................................... 413.6 333.0
Other liabilities ................................................ 408.1 475.6
954.3 923.2
Commitments and Contingencies
Shareholders’ Equity
Preferred stock, $1 par value
Authorized: 5,000,000 shares, none issued or outstanding ............. ——
Common stock, $1 par value
Authorized: 100,000,000 shares
Issued: 2007—42,821,986 shares
2006—42,501,163 shares ................................... 42.8 42.5
Capital in excess of par value ..................................... 895.1 877.9
Treasury stock (common), at cost: 2007—4,771,306 shares
2006—2,207,474 shares ................................ (112.5) (50.4)
Accumulated other comprehensive loss ............................. (133.3) (191.4)
Retained earnings .............................................. 331.9 206.9
1,024.0 885.5
Total Liabilities and Shareholders’ Equity ........................... $4,490.9 $4,077.1
See accompanying notes to consolidated financial statements.
65
ŠForm 10-K