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Condensed Consolidated Statements of Operations (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Condensed Consolidated Statements of Operations        
Sales of products $ 13,640 $ 12,624 $ 25,534 $ 24,940
Sales of services 2,903 2,949 5,919 5,849
Total revenues 16,543 15,573 31,453 30,789
Cost of products (10,823) (10,115) (20,329) (19,937)
Cost of services (2,348) (2,384) (4,858) (4,665)
Boeing Capital Corporation interest expense (29) (41) (62) (82)
Total costs and expenses (13,200) (12,540) (25,249) (24,684)
Gross profit 3,343 3,033 6,204 6,105
Income from operating investments, net 88 54 150 113
General and administrative expense (870) (778) (1,736) (1,731)
Research and development expense, net (1,047) (1,001) (2,104) (2,001)
Gain/(loss) on dispositions, net 20 (1) 20 (5)
Earnings from operations 1,534 1,307 2,534 2,481
Other income, net 14 35 27 33
Interest and debt expense (123) (132) (253) (254)
Earnings before income taxes 1,425 1,210 2,308 2,260
Income tax expense (483) (421) (778) (952)
Net earnings from continuing operations 942 789 1,530 1,308
Net loss on disposal of discontinued operations, net of taxes of $0, $1, $1 and $1 (1) (2) (3) (2)
Net earnings $ 941 $ 787 $ 1,527 $ 1,306
Basic earnings per share from continuing operations $ 1.27 $ 1.07 $ 2.06 $ 1.78
Net loss on disposal of discontinued operations, net of taxes        
Basic earnings per share $ 1.27 $ 1.07 $ 2.06 $ 1.78
Diluted earnings per share from continuing operations $ 1.25 $ 1.06 $ 2.04 $ 1.76
Net loss on disposal of discontinued operations, net of taxes        
Diluted earnings per share $ 1.25 $ 1.06 $ 2.04 $ 1.76
Cash dividends paid per share $ 0.42 $ 0.42 $ 0.84 $ 0.84
Weighted average diluted shares (millions) 752.6 742.9 750.8 741.9