XML 81 R62.htm IDEA: XBRL DOCUMENT v3.25.4
Segment and Revenue Information (Tables)
12 Months Ended
Dec. 31, 2025
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, 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 
For the year ended December 31, 2025
Revenues$41,494 $27,234 $20,923 
Less:
Research and development expense, net2,202 877 125 
Gain on Digital Aviation Solutions Divestiture(2)
(9,566)
Other segment items(1)
46,371 26,485 16,890 
Segment operating (loss)/earnings($7,079)($128)$13,474 
(1)    Primarily includes costs of products and services and general and administrative expenses.
(2)    See Note 3 for additional discussion.
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 31,202520242023
Asia$16,466 $11,994 $10,013 
Europe11,419 8,734 10,520 
Middle East7,023 4,635 6,594 
Oceania1,587 1,565 1,655 
Canada1,781 1,472 1,256 
Africa1,625 1,143 825 
Latin America, Caribbean and other1,479 1,246 1,524 
Total non-U.S. revenues41,380 30,789 32,387 
United States48,083 36,171 45,380 
Estimated potential concessions and other considerations to 737 MAX customers, net of insurance recoveries
 (443)27 
Total revenues$89,463 $66,517 $77,794 
Schedule of Disaggregation of Revenue
BCA revenues by customer location consisted of the following:
Years ended December 31,
202520242023
Revenue from contracts with customers:
Asia$11,733 $8,060 $6,328 
Europe6,536 3,956 6,172 
Middle East4,202 2,012 4,311 
Other non-U.S.2,504 1,815 2,431 
Total non-U.S. revenues24,975 15,843 19,242 
United States16,357 7,326 14,501 
Estimated potential concessions and other considerations to 737 MAX customers, net of insurance recoveries
 (443)27 
Total revenues from contracts with customers41,332 22,726 33,770 
Intersegment revenues, eliminated on consolidation162 135 131 
Total segment revenues$41,494 $22,861 $33,901 
Revenue recognized on fixed-price contracts100 %100 %100 %
Revenue recognized at a point in time100 %99 %99 %
BDS revenues on contracts with customers, based on the customer's location, consisted of the following:
Years ended December 31,
202520242023
Revenue from contracts with customers:
U.S. customers$21,070 $18,589 $20,051 
Non-U.S. customers(1)
6,164 5,329 4,882 
Total segment revenue from contracts with customers$27,234 $23,918 $24,933 
Revenue recognized over time99 %99 %99 %
Revenue recognized on fixed-price contracts58 %54 %58 %
Revenue from the U.S. government(1)
91 %91 %91 %
(1)Includes revenues earned from FMS.
BGS revenues consisted of the following:
Years ended December 31, 202520242023
Revenue from contracts with customers:
Commercial$12,015 $11,736 $11,020 
Government8,508 7,832 7,751 
Total revenues from contracts with customers20,523 19,568 18,771 
Intersegment revenues eliminated on consolidation400 386 356 
Total segment revenues$20,923 $19,954 $19,127 
Revenue recognized at a point in time53 %53 %51 %
Revenue recognized on fixed-price contracts86 %86 %87 %
Revenue from the U.S. government(1)
31 %29 %30 %
(1)Includes revenues earned from FMS.
Schedule of Unallocated Items and Eliminations
Components of Unallocated items, eliminations and other (expense)/income are shown in the following table.
Years ended December 31,202520242023
Share-based plans($49)$171 $62 
Deferred compensation(182)(114)(188)
Amortization of previously capitalized interest(92)(93)(95)
Research and development expense, net(411)(377)(315)
Eliminations and other unallocated items(2,297)(1,634)(1,223)
Unallocated items, eliminations and other($3,031)($2,047)($1,759)
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 31,202520242023
Pension FAS/CAS service cost adjustment$784 $811 $799 
Postretirement FAS/CAS service cost adjustment261 293 257 
FAS/CAS service cost adjustment$1,045 $1,104 $1,056 
Reconciliation of Assets from Segment to Consolidated
Segment assets are summarized in the table below.
December 31,20252024
Commercial Airplanes$91,837 $84,177 
Defense, Space & Security16,723 15,350 
Global Services16,026 16,704 
Unallocated items, eliminations and other43,649 40,132 
Total$168,235 $156,363 
Schedule of Capital Expenditures by Segment
Capital Expenditures
Years ended December 31,202520242023
Commercial Airplanes$626 $508 $420 
Defense, Space & Security373 296 192 
Global Services187 212 127 
Unallocated items, eliminations and other1,756 1,214 788 
Total$2,942 $2,230 $1,527 
Schedule of Depreciation and Amortization Expense by Segment
Years ended December 31,202520242023
Commercial Airplanes$455 $400 $464 
Defense, Space & Security
221 209 219 
Global Services296 304 320 
Centrally Managed Assets (1)
981 923 858 
Total$1,953 $1,836 $1,861 
(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 2025, $747 was allocated to the primary business segments, of which $361, $300 and $86 was allocated to BCA, BDS and BGS, respectively. In 2024, $705 was allocated the primary business segments, of which $339, $289 and $77 was allocated to BCA, BDS and BGS, respectively. In 2023, $650 was allocated to the primary business segments, of which $311, $264 and $75 was allocated to BCA, BDS and BGS, respectively.