XML 59 R46.htm IDEA: XBRL DOCUMENT v3.24.2
Segment and Revenue Information (Tables)
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Disaggregation of Revenue
BCA revenues by customer location consisted of the following:
(Dollars in millions)Six months ended June 30Three months ended June 30
2024202320242023
Revenue from contracts with customers:
Europe$1,547 $3,393 $777 $2,038 
Asia4,393 2,355 2,280 1,549 
Middle East1,174 1,466 406 750 
Other non-U.S.754 1,082 344 729 
Total non-U.S. revenues7,868 8,296 3,807 5,066 
United States3,158 7,175 2,173 3,740 
Estimated potential concessions and other considerations to 737 MAX customers, net of insurance recoveries
(443)26  26 
Total revenues from contracts with customers10,583 15,497 5,980 8,832 
Intersegment revenues eliminated on consolidation73 47 23 8 
Total segment revenues$10,656 $15,544 $6,003 $8,840 
Revenue recognized on fixed-price contracts100 %100 %100 %100 %
Revenue recognized at a point in time99 %99 %99 %99 %
BDS revenues on contracts with customers, based on the customer's location, consisted of the following:
(Dollars in millions)Six months ended June 30Three months ended June 30
2024202320242023
Revenue from contracts with customers:
U.S. customers$9,963 $10,338 $4,519 $5,028 
Non-U.S. customers(1)
3,008 2,368 1,502 1,139 
Total segment revenue from contracts with customers$12,971 $12,706 $6,021 $6,167 
Revenue recognized over time99 %99 %99 %99 %
Revenue recognized on fixed-price contracts55 %59 %52 %57 %
Revenue from the U.S. government(1)
90 %90 %89 %90 %
(1)Includes revenues earned from foreign military sales through the U.S. government.
BGS revenues consisted of the following:
(Dollars in millions)Six months ended June 30Three months ended June 30
2024202320242023
Revenue from contracts with customers:
Commercial$5,900 $5,419 $2,900 $2,703 
Government3,829 3,874 1,895 1,948 
Total revenues from contracts with customers9,729 9,293 4,795 4,651 
Intersegment revenues eliminated on consolidation205 173 94 95 
Total segment revenues$9,934 $9,466 $4,889 $4,746 
Revenue recognized at a point in time53 %51 %53 %51 %
Revenue recognized on fixed-price contracts87 %87 %87 %87 %
Revenue from the U.S. government(1)
28 %31 %27 %31 %
(1)Includes revenues earned from foreign military sales through the U.S. government.
Schedule of Segment, Reconciliation of Other Items from Segments to Consolidated Components of Unallocated items, eliminations and other (expense)/income are shown in the following table.
Six months ended June 30Three months ended June 30
2024202320242023
Share-based plans$53 ($38)$43 $14 
Deferred compensation(49)(96)(19)(42)
Amortization of previously capitalized interest(46)(47)(23)(24)
Research and development expense, net(188)(149)(99)(73)
Eliminations and other unallocated items(716)(466)(536)(211)
Unallocated items, eliminations and other
($946)($796)($634)($336)
Components of Financial Accounting Standards and Cost Accounting Standards Adjustment Components of FAS/CAS service cost adjustment are shown in the following table:
Six months ended June 30Three months ended June 30
2024202320242023
Pension FAS/CAS service cost adjustment$460 $445 $230 $222 
Postretirement FAS/CAS service cost adjustment144 137 72 69 
FAS/CAS service cost adjustment$604 $582 $302 $291 
Reconciliation of Assets from Segment to Consolidated
Segment assets are summarized in the table below:
June 30
2024		December 31
2023
Commercial Airplanes$83,478 $77,047 
Defense, Space & Security16,239 14,921 
Global Services16,473 16,193 
Unallocated items, eliminations and other26,530 28,851 
Total$142,720 $137,012