SEC Info - American Airlines Group Inc. - ‘10-K’ for 12/31/11

American Airlines Group Inc. – ‘10-K’ for 12/31/11 – ‘R13’

On: Wednesday, 2/15/12, at 4:50pm ET · For: 12/31/11 · Accession #: 1193125-12-63516 · File #: 1-08400

As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/15/12 American Airlines Group Inc. 10-K 12/31/11 119:15M Donnelley … Solutions/FA

Document/Exhibit Description Pages Size 1: 10-K Annual Report HTML 2.00M 2: EX-10.155 Supplemental Agreement No 27 to Purchase Agreement HTML 75K No 1980 4: EX-21 Significant Subsidiaries of the Registrant as of HTML 41K December 31, 2011 5: EX-23 Consent of Independent Registered Public HTML 35K Accounting Firm 3: EX-12 Computation of Ratio of Earnings to Fixed Charges HTML 52K 6: EX-31.1 Section 302 CEO Certification HTML 40K 7: EX-31.2 Section 302 CFO Certification HTML 40K 8: EX-32 Section 906 CEO and CFO Certification HTML 36K 79: R1 Document And Entity Information HTML 63K 60: R2 Consolidated Statements Of Operations HTML 129K 75: R3 Consolidated Statements Of Operations HTML 37K (Parenthetical) 83: R4 Consolidated Statements Of Comprehensive Income HTML 88K 108: R5 Consolidated Balance Sheets HTML 197K 63: R6 Consolidated Balance Sheets (Parenthetical) HTML 61K 74: R7 Consolidated Statements Of Cash Flows HTML 149K 54: R8 Consolidated Statements Of Stockholders' Equity HTML 93K (Deficit) 43: R9 Consolidated Statements Of Stockholders' Equity HTML 43K (Deficit) (Parenthetical) 110: R10 Reorganization HTML 81K 85: R11 Summary Of Accounting Policies HTML 64K 84: R12 Special Charges And Restructuring Activities HTML 72K 91: R13 Investments And Fair Value Measurements HTML 70K 92: R14 Commitments, Contingencies And Guarantees HTML 83K 89: R15 Leases HTML 65K 93: R16 Indebtedness HTML 101K 76: R17 Financial Instruments And Risk Management HTML 106K 80: R18 Income Taxes HTML 88K 87: R19 Share Based Compensation HTML 100K 118: R20 Retirement Benefits HTML 270K 102: R21 Intangible Assets HTML 56K 69: R22 Accumulated Other Comprehensive Income (Loss) HTML 52K 86: R23 Earnings (Loss) Per Share HTML 58K 72: R24 Segment Reporting HTML 56K 33: R25 Quarterly Financial Data HTML 61K 103: R26 AMR Eagle Divestiture HTML 40K 114: R27 Subsequent Events HTML 38K 48: R28 Schedule II - Valuation And Qualifying Accounts HTML 66K And Reserves 47: R29 Summary Of Accounting Policies (Policy) HTML 110K 52: R30 Bankruptcy (Tables) HTML 54K 53: R31 Special Charges And Restructuring Activities HTML 64K (Tables) 55: R32 Investments And Fair Value Measurements (Tables) HTML 71K 22: R33 Commitments, Contingencies And Guarantees (Tables) HTML 58K 100: R34 Leases (Tables) HTML 59K 67: R35 Indebtedness (Tables) HTML 84K 70: R36 Financial Instruments And Risk Management (Tables) HTML 98K 38: R37 Income Taxes (Tables) HTML 85K 117: R38 Share Based Compensation (Tables) HTML 91K 15: R39 Retirement Benefits (Tables) HTML 282K 57: R40 Intangible Assets (Tables) HTML 51K 106: R41 Accumulated Other Comprehensive Income (Loss) HTML 51K (Tables) 35: R42 Earnings (Loss) Per Share (Tables) HTML 55K 46: R43 Segment Reporting (Tables) HTML 48K 51: R44 Quarterly Financial Data (Tables) HTML 56K 61: R45 Reorganization (Narrative) (Details) HTML 43K 21: R46 Reorganization (Schedule Of Liabilities Subject To HTML 49K Compromise) (Details) 42: R47 Reorganization (Components Of Long-Term Debt) HTML 60K (Details) 17: R48 Reorganization (Schedule Of Reorganization Items) HTML 48K (Details) 105: R49 Summary Of Accounting Policies (Narrative) HTML 58K (Details) 34: R50 Summary Of Accounting Policies (Schedule Of HTML 42K Depreciable Lives Used For Principal Depreciable Asset Classifications) (Details) 101: R51 Special Charges And Restructuring Activities HTML 66K (Narrative) (Details) 39: R52 Special Charges And Restructuring Activities HTML 61K (Components Of Company's Special Charges) (Details) 58: R53 Investments And Fair Value Measurements HTML 42K (Short-Term Investments) (Details) 16: R54 Investments And Fair Value Measurements HTML 40K (Short-Term Investments By Contractual Maturity) (Details) 19: R55 Investments And Fair Value Measurements (Assets HTML 71K And Liabilities Measured At Fair Value On A Recurring Basis) (Details) 50: R56 Commitments, Contingencies And Guarantees HTML 121K (Narrative) (Details) 26: R57 Commitments, Contingencies And Guarantees HTML 75K (Aircraft Acquisition Commitments) (Details) 111: R58 Leases (Narrative) (Details) HTML 68K 65: R59 Leases (Future Minimum Lease Payments Under HTML 65K Capital Leases) (Details) 90: R60 Leases (Future Minimum Lease Payments Under HTML 65K Operating Leases) (Details) 41: R61 Indebtedness (Narrative) (Details) HTML 111K 44: R62 Indebtedness (Components Of Long-Term Debt) HTML 85K (Details) 98: R63 Indebtedness (Schedule Of Maturities Of Long Term HTML 53K Debt And Operating Lease Payments) (Details) 94: R64 Indebtedness (Schedule Of Collateral Coverage HTML 53K Tests) (Details) 68: R65 Financial Instruments And Risk Management HTML 57K (Narrative) (Details) 96: R66 Financial Instruments And Risk Management (Effect HTML 42K Of Cash Flow Hedges On Financial Statements) (Details) 40: R67 Financial Instruments And Risk Management (Effect HTML 52K Of Derivative Instruments On Statements Of Operations) (Details) 73: R68 Financial Instruments And Risk Management (Summary HTML 80K Of Carrying Value And Estimated Fair Values Of Long-Term Debt) (Details) 113: R69 Income Taxes (Narrative) (Details) HTML 79K 18: R70 Income Taxes (Components Of Income Tax Provision HTML 50K (Benefit)) (Details) 32: R71 Income Taxes (Computation Of Income Tax Expense HTML 59K (Benefit)) (Details) 59: R72 Income Taxes (Deferred Tax Assets And Liabilities) HTML 89K (Details) 24: R73 Income Taxes (Reconciliation Of Unrecognized Tax HTML 41K Benefit) (Details) 116: R74 Share Based Compensation (Narrative) (Details) HTML 109K 36: R75 Share Based Compensation (Stock Based Compensation HTML 50K Awards, Expected Fair Value Assumptions) (Details) 27: R76 Share Based Compensation (Schedule Of Stock HTML 78K Options/SARs Activity) (Details) 31: R77 Share Based Compensation (Status And Changes Of HTML 63K Non-Vested Options/SARs) (Details) 20: R78 Share Based Compensation (Schedule Of Stock-Based HTML 57K Activities) (Details) 23: R79 Retirement Benefits (Narrative) (Details) HTML 71K 81: R80 Retirement Benefits (Reconciliation Of Changes In HTML 89K Pension, Retiree Medical, Other Benefit Obligations And Fair Value Assets) (Details) 29: R81 Retirement Benefits (Schedule Of Amounts HTML 53K Recognized In Consolidated Balance Sheets) (Details) 112: R82 Retirement Benefits (Schedule Of Amounts HTML 52K Recognized In Other Comprehensive Loss) (Details) 56: R83 Retirement Benefits (Schedule Of Accumulated HTML 58K Benefit Obligations Exceeding Fair Value Of Plan Assets) (Details) 88: R84 Retirement Benefits (Components Of Net Periodic HTML 73K Benefit Cost) (Details) 95: R85 Retirement Benefits (Schedule Of Assumption Used HTML 54K Calculating Benefit Obligation) (Details) 28: R86 Retirement Benefits (Summary Of Target Assets HTML 57K Allocation) (Details) 30: R87 Retirement Benefits (Schedule Of Fair Values Of HTML 134K Pension Plan Assets By Asset Category) (Details) 109: R88 Retirement Benefits (Changes In Fair Value HTML 58K Measurements Of Level 3 Investments) (Details) 25: R89 Retirement Benefits (Fair Values Of Company's HTML 43K Other Postretirement Benefit Plan Assets) (Details) 82: R90 Retirement Benefits (Fair Value Of Investments In HTML 44K Money Market Fund) (Details) 78: R91 Retirement Benefits (Schedule Of One Percentage HTML 47K Point Change In Assumed Health Care Cost Trend Rates) (Details) 99: R92 Retirement Benefits (Benefit Payments Of Expected HTML 54K Future Service ) (Details) 77: R93 Intangible Assets (Narrative) (Details) HTML 47K 64: R94 Intangible Assets (Summary Of Amortization Of HTML 47K Intangible Assets) (Details) 104: R95 Accumulated Other Comprehensive Income (Loss) HTML 69K (Components Of Accumulated Other Comprehensive Income (Loss)) (Details) 62: R96 Earnings (Loss) Per Share (Computations Of Basic HTML 82K And Diluted Earnings (Loss) Per Share) (Details) 37: R97 Segment Reporting (Operating Revenues By HTML 56K Geographic Region) (Details) 71: R98 Quarterly Financial Data (Narrative) (Details) HTML 56K 66: R99 Quarterly Financial Data (Summarized Financial HTML 62K Data By Quarter) (Details) 49: R100 AMR Eagle Divestiture (Details) HTML 50K 119: R101 Subsequent Events (Details) HTML 40K 97: R102 Schedule II - Valuation And Qualifying Accounts HTML 53K And Reserves (Details) 115: XML IDEA XML File -- Filing Summary XML 194K 45: EXCEL IDEA Workbook of Financial Reports (.xls) XLS 2.16M 9: EX-101.INS XBRL Instance -- amr-20111231 XML 3.44M 11: EX-101.CAL XBRL Calculations -- amr-20111231_cal XML 276K 12: EX-101.DEF XBRL Definitions -- amr-20111231_def XML 988K 13: EX-101.LAB XBRL Labels -- amr-20111231_lab XML 2.17M 14: EX-101.PRE XBRL Presentations -- amr-20111231_pre XML 1.61M 10: EX-101.SCH XBRL Schema -- amr-20111231 XSD 326K 107: ZIP XBRL Zipped Folder -- 0001193125-12-063516-xbrl Zip 281K

4. Investments and Fair Value Measurements

Short-term investments consisted of (in millions):


	December 31,
	2011		2010
Overnight investments, time deposits and Repurchase agreements	$	131	$	844
Corporate and bank notes		1,808		2,685
U. S. government agency mortgages		502		605
U.S. government agency notes		-		-
Commingled funds		1,274		190
Other		3		4

	$	3,718	$	4,328

Short-term investments at December 31, 2011, by contractual maturity included (in millions):


Due in one year or less	$	2,904
Due between one year and three years		312
Due after three years		502

	$	3,718

All short-term investments are classified as available-for-sale and stated at fair value. Unrealized gains and losses are reflected as a component of Accumulated other comprehensive income (loss).

The Company utilizes the market approach to measure fair value for its financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The Company's short-term investments classified as Level 2 primarily utilize broker quotes in a non-active market for valuation of these securities. The Company's fuel derivative contracts, which consist of commodity collars and calls, are valued using energy and commodity market data which is derived by combining raw inputs with quantitative models and processes to generate forward curves and volatilities. No changes in valuation techniques or inputs occurred during the year ended December 31, 2011.

Assets and liabilities measured at fair value on a recurring basis are summarized below:


(in millions)	Fair Value Measurements as of December 31, 2011
Description	Total		Level 1		Level 2		Level 3
Short-term investments^{1, 2}
Money market funds	$	1,278	$	1,278	$	-	$	-
Government agency investments		502		-		502		-
Repurchase agreements		128		-		128		-
Corporate obligations		1,102		-		1,102		-
Bank notes / Certificates of deposit / Time deposits		708		-		708		-

		3,718		1,278		2,440		-
Restricted cash and short-term investments ¹		738		738		-		-
Fuel derivative contracts, net ¹		95		-		95		-

Total	$	4,551	$	2,016	$	2,535	$	-

¹Unrealized gains or losses on short-term investments, restricted cash and short-term investments and derivatives qualifying for hedge accounting are recorded in Accumulated other comprehensive income (loss) at each measurement date.

² The Company's short-term investments mature in one year or less except for $87 million of Bank notes/Certificates of deposit/Time deposits, $502 million of U.S. Government agency investments and $225 million of Corporate obligations which have maturity dates exceeding one year.

Nosignificant transfers between Level 1 and Level 2 occurred during the year ended December 31, 2011. The Company's policy regarding the recording of transfers between levels is to record any such transfers at the end of the reporting period.

As of December 31, 2011, the Company had no exposure to European sovereign debt.

This ‘10-K’ Filing

Date

Other Filings

Filed on:

2/15/12

8-K

For Period end:

12/31/11

List all Filings

As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 11/29/12 SEC UPLOAD¶ 9/11/17 1:36K American Airlines Group Inc. 11/07/12 SEC UPLOAD¶ 9/11/17 1:158K American Airlines Group Inc.

American Airlines Group Inc. – ‘10-K’ for 12/31/11 – ‘R13’

On: Wednesday, 2/15/12, at 4:50pm ET · For: 12/31/11 · Accession #: 1193125-12-63516 · File #: 1-08400

Previous ‘10-K’: ‘10-K’ on 2/16/11 for 12/31/10 · Next: ‘10-K’ on 2/20/13 for 12/31/12 · Latest: ‘10-K’ on 2/21/24 for 12/31/23 · 2 References:

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

‘R13’ — Investments And Fair Value Measurements

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

2 Subsequent Filings that Reference this Filing

American Airlines Group Inc. – ‘10-K’ for 12/31/11 – ‘R13’

On: Wednesday, 2/15/12, at 4:50pm ET · For: 12/31/11 · Accession #: 1193125-12-63516 · File #: 1-08400

Previous ‘10-K’: ‘10-K’ on 2/16/11 for 12/31/10 · Next: ‘10-K’ on 2/20/13 for 12/31/12 · Latest: ‘10-K’ on 2/21/24 for 12/31/23 · 2 References: By: SEC – ‘UPLOAD’ on 11/29/12 By: SEC – ‘UPLOAD’ on 11/7/12

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘R13’ — Investments And Fair Value Measurements

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

2 Subsequent Filings that Reference this Filing

Previous ‘10-K’: ‘10-K’ on 2/16/11 for 12/31/10 · Next: ‘10-K’ on 2/20/13 for 12/31/12 · Latest: ‘10-K’ on 2/21/24 for 12/31/23 · 2 References:

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents