We study coherence of electron transport through interacting quantum dots and discuss the relation of the coherent part to the flux-sensitive conductance for three different types of Aharonov-Bohm interferometers. Contributions to transport in first and second order in the intrinsic line width of the dot levels are addressed in detail. We predict an asymmetry of the interference signal around resonance peaks as a consequence of incoherence associated with spin-flip processes. Furthermore, we show by strict calculation that first-order contributions can be partially or even fully coherent. This contrasts with the sequential-tunneling picture which describes first-order transport as a sequence of incoherent tunneling processes.

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