Boeing Company (The) (BA) financial statements (2021 and earlier)

Company profile

Business Address P O BOX 3707 MS 1F 31
SEATTLE, WA 98124
State of Incorp. DE
Fiscal Year End December 31
SIC 3721 - Aircraft (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:25,60010,0308,5649,99210,02912,05213,092
Cash and cash equivalents7,7529,4857,6378,8138,80111,30211,733
Short-term investments17,8385459271,1791,2287501,359
Other undisclosed cash, cash equivalents, and short-term investments10      
Restricted cash and investments     3126
Receivables1,9553,2663,87910,5168,8328,7137,729
Inventory, net of allowances, customer advances and progress billings, including:81,71576,62262,56744,34443,19947,25746,756
Inventory   72,43870,29575,76176,022
Progress payments netted against inventory for long-term contracts or programs   (28,094)(27,096)(28,504)(29,266)
Other undisclosed inventory, net of allowances, customer advances and progress billings81,71576,62262,567    
Other current assets4,2863,1062,335    
Other undisclosed current assets8,0869,20510,485309428181182
Total current assets:121,642102,22987,83065,16162,48868,23467,785
Noncurrent Assets
Operating lease, right-of-use asset1,2521,182
Property, plant and equipment11,82012,50212,64512,67212,80712,07611,007
Long-term investments and receivables1,0161,0921,0871,2601,3171,2841,154
Long-term investments1,0161,0921,0871,2601,3171,2841,154
Intangible assets, net (including goodwill)10,92411,39811,2698,1327,8647,7837,988
Goodwill8,0818,0607,8405,5595,3245,1265,119
Intangible assets, net (excluding goodwill)2,8433,3383,4292,5732,5402,6572,869
Deferred income tax assets86 
Other noncurrent assets4,7123,5851,8262,0271,4161,4081,317
Other undisclosed noncurrent assets6841,6372,7023,0814,1053,6239,947
Total noncurrent assets:30,49431,39629,52927,17227,50926,17431,413
TOTAL ASSETS:152,136133,625117,35992,33389,99794,40899,198
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities35,09938,42127,72427,49425,88124,81430,515
Accounts payable12,92815,55312,91612,20211,19010,80010,667
Accrued liabilities22,17122,86814,80815,29214,69114,01413,343
Employee-related liabilities      5,868
Interest and dividends payable      637
Deferred revenue50,48851,551
Debt1,6937,3403,1901,3353841,234929
Provision for loss on contracts      414
Deferred tax liabilities    8,603
Contract with customer, liability50,676
Other undisclosed current liabilities   27,44023,86924,36416,256
Total current liabilities:87,28097,31281,59056,26950,13450,41256,717
Noncurrent Liabilities
Long-term debt and lease obligation, including:61,89019,96210,6579,7829,5688,7308,141
Operating lease, liability 978
Other undisclosed long-term debt and lease obligation61,89018,98410,6579,7829,5688,7308,141
Liabilities, other than long-term debt21,04124,23824,70225,87029,41828,86925,550
Accounts payable and accrued liabilities      358
Deferred tax liabilities, net1,7361,8391,3382,392 
Deferred income tax liabilities1,010 
Liability, pension and other postretirement and postemployment benefits18,54520,81619,90722,01625,85924,39923,984
Other liabilities1,4863,4223,0592,0152,2212,0781,208
Other undisclosed noncurrent liabilities 413     
Total noncurrent liabilities:82,93144,61335,35935,65238,98637,59933,691
Total liabilities:170,211141,925116,94991,92189,12088,01190,408
Stockholders' equity
Stockholders' equity attributable to parent(18,316)(8,617)3393558176,3358,665
Common stock5,0615,0615,0615,0615,0615,0615,061
Treasury stock, value(52,641)(54,914)(52,348)(43,454)(36,097)(29,568)(23,298)
Additional paid in capital7,7876,7456,7686,8044,7624,8344,625
Accumulated other comprehensive loss(17,133)(16,153)(15,083)(13,376)(13,623)(12,748)(13,903)
Retained earnings38,61050,64455,94145,32040,71438,75636,180
Stockholders' equity attributable to noncontrolling interest24131771576062125
Total stockholders' equity:(18,075)(8,300)4104128776,3978,790
TOTAL LIABILITIES AND EQUITY:152,136133,625117,35992,33389,99794,40899,198

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues58,15876,559101,12793,39294,57196,11490,762
Revenue, net93,39294,57196,11490,762
Cost of revenue(63,843)(72,093)(81,490)(76,066)(80,790)(82,088)(76,752)
Cost of goods and services sold   (75,996)(80,731)(82,024)(76,683)
Gross profit:(5,685)4,46619,63717,32613,78114,02614,010
Operating expenses(7,091)(6,437)(7,761)(7,252)(8,250)(6,857)(7,280)
Other undisclosed operating income (loss)9(4)111204303274743
Operating income (loss):(12,767)(1,975)11,98710,2785,8347,4437,473
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
4474389212940(13)(3)
Interest and debt expense(2,156)(722)(475)(360)(306)(275)(333)
Income (loss) from continuing operations before equity method investments, income taxes:(14,476)(2,259)11,60410,0475,5687,1557,137
Income from equity method investments      287
Other undisclosed loss from continuing operations before income taxes      (287)
Income (loss) from continuing operations before income taxes:(14,476)(2,259)11,60410,0475,5687,1557,137
Income tax expense (benefit)2,5351,623(1,144)(1,850)(673)(1,979)(1,691)
Income (loss) before gain (loss) on sale of properties:(11,941)(636)10,4608,1974,8955,1765,446
Other undisclosed net income (loss) (41)(21)(2)(1)(3)10
Net income (loss):(11,941)(677)10,4398,1954,8945,1735,456
Net income attributable to noncontrolling interest68     10
Other undisclosed net income (loss) attributable to parent 4121213(20)
Net income (loss) attributable to parent:(11,873)(636)10,4608,1974,8955,1765,446
Undistributed earnings (loss) allocated to participating securities, basic  (7)(6)
Net income (loss) available to common stockholders, diluted:(11,873)(636)10,4538,1914,8955,1765,446

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(11,941)(677)10,4398,1954,8945,1735,456
Other comprehensive income (loss)(980)(1,070)1,290247(875)1,155(4,009)
Comprehensive income (loss):(12,921)(1,747)11,7298,4424,0196,3281,447
Comprehensive income, net of tax, attributable to noncontrolling interest68412121310
Comprehensive income (loss), net of tax, attributable to parent:(12,853)(1,706)11,7508,4444,0206,3311,457

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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