XML 84 R61.htm IDEA: XBRL DOCUMENT v3.25.0.1
Segment and Revenue Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
The following table reconciles segment Revenues to Segment operating (loss)/earnings:
BCABDSBGS
For the year ended December 31, 2022
Revenues$26,026 $23,162 $17,611 
Less:
Research and development expense, net1,510 945 119 
Other segment items(1)
26,857 25,761 14,765 
Segment operating (loss)/earnings($2,341)($3,544)$2,727 
For the year ended December 31, 2023
Revenues$33,901 $24,933 $19,127 
Less:
Research and development expense, net2,036 919 107 
Other segment items(1)
33,500 25,778 15,691 
Segment operating (loss)/earnings($1,635)($1,764)$3,329 
For the year ended December 31, 2024
Revenues$22,861 $23,918 $19,954 
Less:
Research and development expense, net2,386 917 132 
Other segment items(1)
28,444 28,414 16,204 
Segment operating (loss)/earnings($7,969)($5,413)$3,618 
(1)    Primarily includes costs of products and services and general and administrative expenses.
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area Revenues, including foreign military sales, are reported by customer location and consisted of the following:
Years ended December 31,202420232022
Asia$11,994 $10,013 $8,393 
Europe8,734 10,520 7,916 
Middle East4,635 6,594 5,047 
Oceania1,565 1,655 1,576 
Canada1,472 1,256 1,612 
Africa1,143 825 418 
Latin America, Caribbean and other1,246 1,524 2,412 
Total non-U.S. revenues30,789 32,387 27,374 
United States36,171 45,380 39,218 
Estimated potential concessions and other considerations to 737 MAX customers, net of insurance recoveries
(443)27 16 
Total revenues$66,517 $77,794 $66,608 
Schedule of Disaggregation of Revenue
BCA revenues by customer location consisted of the following:
Years ended December 31,
202420232022
Revenue from contracts with customers:
Asia$8,060 $6,328 $4,488 
Europe3,956 6,172 4,085 
Middle East2,012 4,311 2,003 
Other non-U.S.1,815 2,431 3,042 
Total non-U.S. revenues15,843 19,242 13,618 
United States7,326 14,501 12,275 
Estimated potential concessions and other considerations to 737 MAX customers, net of insurance recoveries
(443)27 16 
Total revenues from contracts with customers22,726 33,770 25,909 
Intersegment revenues, eliminated on consolidation135 131 117 
Total segment revenues$22,861 $33,901 $26,026 
Revenue recognized on fixed-price contracts100 %100 %100 %
Revenue recognized at a point in time99 %99 %99 %
BDS revenues on contracts with customers, based on the customer's location, consisted of the following:
Years ended December 31,
202420232022
Revenue from contracts with customers:
U.S. customers$18,589 $20,051 $17,144 
Non-U.S. customers(1)
5,329 4,882 6,018 
Total segment revenue from contracts with customers$23,918 $24,933 $23,162 
Revenue recognized over time99 %99 %99 %
Revenue recognized on fixed-price contracts54 %58 %60 %
Revenue from the U.S. government(1)
91 %91 %89 %
(1)Includes revenues earned from foreign military sales through the U.S. government.
BGS revenues consisted of the following:
Years ended December 31, 202420232022
Revenue from contracts with customers:
Commercial$11,736 $11,020 $9,560 
Government7,832 7,751 7,681 
Total revenues from contracts with customers19,568 18,771 17,241 
Intersegment revenues eliminated on consolidation386 356 370 
Total segment revenues$19,954 $19,127 $17,611 
Revenue recognized at a point in time53 %51 %50 %
Revenue recognized on fixed-price contracts86 %87 %88 %
Revenue from the U.S. government(1)
29 %30 %33 %
(1)Includes revenues earned from foreign military sales through the U.S. government.
Schedule of Unallocated Items and Eliminations Components of Unallocated items, eliminations and other income/(expense) are shown in the following table.
Years ended December 31,202420232022
Share-based plans$171 $62 ($114)
Deferred compensation(114)(188)117 
Amortization of previously capitalized interest(93)(95)(95)
Research and development expense, net(377)(315)(278)
Eliminations and other unallocated items(1,634)(1,223)(1,134)
Unallocated items, eliminations and other($2,047)($1,759)($1,504)
Components of Financial Accounting Standards and Cost Accounting Standards Adjustment These expenses are included in Other income, net. Components of FAS/CAS service cost adjustment are shown in the following table:
Years ended December 31,202420232022
Pension FAS/CAS service cost adjustment$811 $799 $849 
Postretirement FAS/CAS service cost adjustment293 257 294 
FAS/CAS service cost adjustment$1,104 $1,056 $1,143 
Reconciliation of Assets from Segment to Consolidated
Segment assets are summarized in the table below.
December 31,20242023
Commercial Airplanes$84,177 $77,047 
Defense, Space & Security15,350 14,921 
Global Services16,704 16,193 
Unallocated items, eliminations and other40,132 28,851 
Total$156,363 $137,012 
Schedule of Capital Expenditures by Segment
Capital Expenditures
Years ended December 31,202420232022
Commercial Airplanes$508 $420 $218 
Defense, Space & Security296 192 202 
Global Services212 127 130 
Unallocated items, eliminations and other1,214 788 672 
Total$2,230 $1,527 $1,222 
Schedule of Depreciation and Amortization Expense by Segment
Depreciation and Amortization
Years ended December 31,202420232022
Commercial Airplanes$400 $464 $554 
Defense, Space & Security
209 219 238 
Global Services304 320 346 
Centrally Managed Assets (1)
923 858 841 
Total$1,836 $1,861 $1,979 
(1)Amounts shown in the table represent depreciation and amortization expense recorded by the individual business segments. Depreciation and amortization for centrally managed assets are allocated to business segments based on usage and occupancy. In 2024, $705 was allocated to the primary business segments, of which $339, $289 and $77 was allocated to BCA, BDS and BGS, respectively. In 2023, $650 was allocated the primary business segments, of which $311, $264 and $75 was allocated to BCA, BDS and BGS, respectively. In 2022, $644 was allocated to the primary business segments, of which $361, $230 and $53 was allocated to BCA, BDS and BGS, respectively.