v3.26.1
Special Items, Net (Tables)
 3 Months Ended
Mar. 31, 2026
Restructuring Cost and Reserve [Line Items]  
Schedule of Special Items, Net in Condensed Consolidated Statements of Operations
Special items, net in the condensed consolidated statements of operations consisted of the following (in millions):
 Three Months Ended March 31,
 20262025
Litigation reserve adjustments$12 $30 
Labor contract expenses (1)
2 31 
Other operating special items, net— 9 
Mainline operating special items, net14 70 
Mark-to-market adjustments on equity investments, net (2)
72 29 
Debt refinancing and extinguishment54 19 
Other nonoperating special items, net9 — 
Nonoperating special items, net135 48 
(1)Labor contract expenses for the three months ended March 31, 2025 included a one-time charge resulting from adjustments to vacation accruals due to pay rate increases effective January 1, 2025, following the ratification of the contract extension in the fourth quarter of 2024 with our mainline maintenance and fleet service team members.
(2)Mark-to-market adjustments on equity investments, net included unrealized gains and losses associated with certain equity investments.
American Airlines, Inc.  
Restructuring Cost and Reserve [Line Items]  
Schedule of Special Items, Net in Condensed Consolidated Statements of Operations
Special items, net in the condensed consolidated statements of operations consisted of the following (in millions):
 Three Months Ended March 31,
 20262025
Litigation reserve adjustments$12 $30 
Labor contract expenses (1)
2 31 
Other operating special items, net — 9 
Mainline operating special items, net14 70 
Mark-to-market adjustments on equity investments, net (2)
72 29 
Debt refinancing and extinguishment54 19 
Other nonoperating special items, net9 — 
Nonoperating special items, net135 48 
(1)Labor contract expenses for the three months ended March 31, 2025 included a one-time charge resulting from adjustments to vacation accruals due to pay rate increases effective January 1, 2025, following the ratification of the contract extension in the fourth quarter of 2024 with American’s mainline maintenance and fleet service team members.
(2)Mark-to-market adjustments on equity investments, net included unrealized gains and losses associated with certain equity investments.