Following is the pension disclosure footnote from American Airlines ‘ 10-K report (in millions)….
Following is the pension disclosure footnote from American Airlines ' 10-K report (in millions).
Following is Ametican Airlines ' footnote for its pension cost as reported in its income statement (in millions).
1. In general, what factors impact a company's pension benefit obligation during a period?
2. In general, what factors impact a company's pension plan investments during a period?
3. What amount is reported on the balance sheet relating to the American Airlines pension plan?
4. How does the expected return on plan assets affect pension cost?
5. How does American Airlines' expected return on plan assets compare with its actual return (in $s) for 2012?
6. How much net pension expense is reflected in American Airlines' 2012 income statement?
7. Assess American Airlines' ability to meet payment obligations to retirees.