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Segment and Revenue Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated The following table reconciles segment Revenues to Segment operating earnings/(loss):
BCABDSBGS
For the three months ended March 31, 2024
Revenues
$4,653 $6,950 $5,045 
Less:
Research and development expense, net518 235 26 
Other segment items(1)
5,278 6,564 4,103 
Segment operating earnings/(loss)($1,143)$151 $916 
For the three months ended March 31, 2025
Revenues$8,147 $6,298 $5,063 
Less:
Research and development expense, net534 199 29 
Other segment items(1)
8,150 5,944 4,091 
Segment operating earnings/(loss)($537)$155 $943 
(1)    Primarily includes costs of products and services and general and administrative expenses.
Schedule of Disaggregation of Revenue
BCA revenues by customer location consisted of the following:
(Dollars in millions)Three months ended March 31
20252024
Revenue from contracts with customers:
Europe$508 $770 
Asia2,957 2,113 
Middle East483 768 
Other non-U.S.389 410 
Total non-U.S. revenues4,337 4,061 
United States3,783 985 
Estimated potential concessions and other considerations to 737 MAX customers, net of insurance recoveries
 (443)
Total revenues from contracts with customers8,120 4,603 
Intersegment revenues eliminated on consolidation27 50 
Total segment revenues$8,147 $4,653 
Revenue recognized on fixed-price contracts100 %100 %
Revenue recognized at a point in time100 %99 %
BDS revenues on contracts with customers, based on the customer's location, consisted of the following:
(Dollars in millions)Three months ended March 31
20252024
Revenue from contracts with customers:
U.S. customers$4,933 $5,444 
Non-U.S. customers(1)
1,365 1,506 
Total segment revenue from contracts with customers$6,298 $6,950 
Revenue recognized over time100 %99 %
Revenue recognized on fixed-price contracts58 %58 %
Revenue from the U.S. government(1)
92 %91 %
(1)Includes revenues earned from foreign military sales through the U.S. government.
BGS revenues consisted of the following:
(Dollars in millions)Three months ended March 31
20252024
Revenue from contracts with customers:
Commercial$2,971 $3,000 
Government1,996 1,934 
Total revenues from contracts with customers4,967 4,934 
Intersegment revenues eliminated on consolidation96 111 
Total segment revenues$5,063 $5,045 
Revenue recognized at a point in time54 %54 %
Revenue recognized on fixed-price contracts86 %87 %
Revenue from the U.S. government(1)
30 %29 %
(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 income/(expense) are shown in the following table.
Three months ended March 31
20252024
Share-based plans($30)$10 
Deferred compensation5 (30)
Amortization of previously capitalized interest(21)(23)
Research and development expense, net(82)(89)
Eliminations and other unallocated items(234)(180)
Unallocated items, eliminations and other
($362)($312)
Components of Financial Accounting Standards and Cost Accounting Standards Adjustment Components of FAS/CAS service cost adjustment are shown in the following table:
Three months ended March 31
20252024
Pension FAS/CAS service cost adjustment$193 $230 
Postretirement FAS/CAS service cost adjustment69 72 
FAS/CAS service cost adjustment$262 $302 
Reconciliation of Assets from Segment to Consolidated
Segment assets are summarized in the table below:
March 31
2025
December 31
2024
Commercial Airplanes$85,509 $84,177 
Defense, Space & Security16,210 15,350 
Global Services17,167 16,704 
Unallocated items, eliminations and other37,608 40,132 
Total$156,494 $156,363 
Schedule of Capital Expenditures by Segment
Three months ended March 31
20252024
Commercial Airplanes$106 $102 
Defense, Space & Security54 68 
Global Services26 35 
Unallocated items, eliminations and other488 362 
Total$674 $567 
Schedule of Depreciation and Amortization by Segment
Three months ended March 31
20252024
Commercial Airplanes$101 $99 
Defense, Space & Security
50 47 
Global Services73 77 
Centrally Managed Assets (1)
242 219 
Total$466 $442 
(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. During the three months ended March 31, 2025, $169 was allocated to the primary business segments, of which $82, $68, and $19 was allocated to BCA, BDS and BGS, respectively. During the three months ended March 31, 2024, $163 was allocated to the primary business segments, of which $80, $65, and $18 was allocated to BCA, BDS and BGS, respectively.