10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOEING CO | |||
Ticker: BA Fiscal Year: 2016 | |||
Consolidated Statements Of Operations | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 8, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Sales of products | $ 84,399 | 85,255 | 80,688 |
| Sales of services | 10,172 | 10,859 | 10,074 |
| Total revenues | 94,571 | 96,114 | 90,762 |
| Cost of products | (72,713) | (73,446) | (68,551) |
| Cost of services | (8,018) | (8,578) | (8,132) |
| Boeing Capital interest expense | (59) | (64) | (69) |
| Total costs and expenses | (80,790) | (82,088) | (76,752) |
| Gross profit | 13,781 | 14,026 | 14,010 |
| Income from operating investments, net | 303 | 274 | 287 |
| General and administrative expense | (3,616) | (3,525) | (3,767) |
| Research and development expense, net | (4,627) | (3,331) | (3,047) |
| Loss on dispositions, net | (7) | (1) | (10) |
| Earnings from operations | 5,834 | 7,443 | 7,473 |
| Other income/(loss), net | 40 | (13) | (3) |
| Interest and debt expense | (306) | (275) | (333) |
| Earnings before income taxes | 5,568 | 7,155 | 7,137 |
| Income tax expense | (673) | (1,979) | (1,691) |
| Net earnings | 4,895 | 5,176 | 5,446 |
| Basic earnings per share | 7.70 | 7.52 | 7.47 |
| Diluted earnings per share | 7.61 | 7.44 | 7.38 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOEING CO | |||
Ticker: BA Fiscal Year: 2016 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 8, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Net earnings | $ 4,895 | 5,176 | 5,446 |
| Currency translation adjustments | (104) | (92) | (97) |
| Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax of $1, ($5), and $0 | (2) | 8 | |
| Unrealized gain/(loss) on derivative instruments: | |||
| Unrealized (loss) arising during period, net of tax of $4, $77, and $77 | (8) | (140) | (137) |
| Reclassification adjustment for loss included in net earnings, net of tax of ($43), ($43) and ($4) | 78 | 79 | 7 |
| Total unrealized gain/(loss) on derivative instruments, net of tax | 70 | (61) | (130) |
| Defined benefit pension plans & other postretirement benefits: | |||
| Net actuarial (loss) arising during the period, net of tax of $752, $402 and $2,588 | (1,365) | (732) | (4,612) |
| Amortization of actuarial losses included in net periodic pension cost, net of tax of ($288), ($570) and ($367) | 524 | 1,038 | 661 |
| Settlements and curtailments included in net income, net of tax of ($7), ($27) and ($101) | 14 | 51 | 180 |
| Pension and postretirement benefit/(cost) related to our equity method investments, net of tax ($7), ($2) and $15 | 12 | 3 | (27) |
| Amortization of prior service (credits)/cost included in net periodic pension cost, net of tax of $31, ($22) and ($12) | (57) | 38 | 21 |
| Prior service cost/(credits) arising during the period, net of tax of ($18), ($496) and $3 | 33 | 902 | (5) |
| Total defined benefit pension plans & other postretirement benefits, net of tax | (839) | 1,300 | (3,782) |
| Other comprehensive (loss)/income, net of tax | (875) | 1,155 | (4,009) |
| Comprehensive (loss)/income related to noncontrolling interests | (1) | (3) | 10 |
| Comprehensive income, net of tax | 4,019 | 6,328 | 1,447 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOEING CO | |||
Ticker: BA Fiscal Year: 2016 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 8, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Cash flows - operation activities: | |||
| Net earnings | $ 4,895 | 5,176 | 5,446 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Non-cash items - | |||
| Share-based plans expense | 190 | 189 | 195 |
| Depreciation and amortization | 1,910 | 1,833 | 1,906 |
| Investment/asset impairment charges, net | 90 | 167 | 229 |
| Customer financing valuation benefit | (7) | (5) | (28) |
| Loss on dispositions, net | 7 | 1 | 10 |
| Other charges and credits, net | 369 | 364 | 317 |
| Excess tax benefits from share-based payment arrangements | (157) | (114) | |
| Changes in assets and liabilities | |||
| Accounts receivable | 112 | (1,069) | (1,328) |
| Inventories, net of advances and progress billings | 3,755 | (1,110) | (4,330) |
| Accounts payable | 622 | (238) | 1,339 |
| Accrued liabilities | 726 | 2 | (1,088) |
| Advances and billings in excess of related costs | (493) | 1,192 | 3,145 |
| Income taxes receivable, payable and deferred | (810) | 477 | 1,325 |
| Other long-term liabilities | (68) | 46 | 36 |
| Pension and other postretirement plans | 153 | 2,470 | 1,186 |
| Customer financing, net | (696) | 167 | 578 |
| Other | (256) | (142) | 34 |
| Net cash provided by operating activities | 10,499 | 9,363 | 8,858 |
| Cash flows - investing activities: | |||
| Property, plant and equipment additions | (2,613) | (2,450) | (2,236) |
| Property, plant and equipment reductions | 38 | 42 | 34 |
| Acquisitions, net of cash acquired | (297) | (31) | (163) |
| Contributions to investments | (1,719) | (2,036) | (8,617) |
| Proceeds from investments | 1,209 | 2,590 | 13,416 |
| Other | 2 | 39 | 33 |
| Net cash (used)/provided by investing activities | (3,380) | (1,846) | 2,467 |
| Cash flows - financing activities | |||
| New borrowings | 1,325 | 1,746 | 962 |
| Debt repayments | (1,359) | (885) | (1,601) |
| Repayments of distribution rights and other asset financing | (24) | (185) | |
| Stock options exercised | 321 | 399 | 343 |
| Excess tax benefits from share-based payment arrangements | 157 | 114 | |
| Employee taxes on certain share-based payment arrangements | (93) | (96) | (98) |
| Common shares repurchased | (7,001) | (6,751) | (6,001) |
| Dividends paid | (2,756) | (2,490) | (2,115) |
| Proceeds from (Payments for) Other Financing Activities | (12) | ||
| Net cash used by financing activities | (9,587) | (7,920) | (8,593) |
| Effect of exchange rate changes on cash and cash equivalents | (33) | (28) | (87) |
| Net (decrease)/increase in cash and cash equivalents | (2,501) | (431) | 2,645 |
| Cash and cash equivalents at beginning of year | 11,302 | 11,733 | |
| Cash and cash equivalents at end of year | 8,801 | 11,302 | 11,733 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
BOEING CO | ||
Ticker: BA Fiscal Year: 2016 | ||
Consolidated Statements Of Financial Position | ||
Period Ending Dec 31, 2016 10-K (Filed: Feb 8, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| Assets | ||
| Cash and cash equivalents | $ 8,801 | 11,302 |
| Short-term and other investments | 1,228 | 750 |
| Accounts receivable, net | 8,832 | 8,713 |
| Current portion of customer financing, net | 428 | 212 |
| Inventories, net of advances and progress billings | 43,199 | 47,257 |
| Total current assets | 62,488 | 68,234 |
| Customer financing, net | 3,773 | 3,358 |
| Property, plant and equipment, net | 12,807 | 12,076 |
| Goodwill | 5,324 | 5,126 |
| Acquired intangible assets, net | 2,540 | 2,657 |
| Deferred income taxes | 332 | 265 |
| Investments | 1,317 | 1,284 |
| Other assets, net of accumulated amortization of $497 and $451 | 1,416 | 1,408 |
| Total assets | 89,997 | 94,408 |
| Liabilities and equity | ||
| Accounts payable | 11,190 | 10,800 |
| Accrued liabilities | 14,691 | 14,014 |
| Advances and billings in excess of related costs | 23,869 | 24,364 |
| Short-term debt and current portion of long-term debt | 384 | 1,234 |
| Total current liabilities | 50,134 | 50,412 |
| Deferred income taxes | 1,338 | 2,392 |
| Accrued retiree health care | 5,916 | 6,616 |
| Accrued pension plan liability, net | 19,943 | 17,783 |
| Other long-term liabilities | 2,221 | 2,078 |
| Long-term debt | 9,568 | 8,730 |
| Shareholders' equity: | ||
| Common stock, par value $5.00 1,200,000,000 shares authorized; 1,012,261,159 shares issued | 5,061 | 5,061 |
| Additional paid-in capital | 4,762 | 4,834 |
| Treasury stock, at cost | (36,097) | (29,568) |
| Retained earnings | 40,714 | 38,756 |
| Accumulated other comprehensive loss | (13,623) | (12,748) |
| Total shareholders equity | 817 | 6,335 |
| Noncontrolling interests | 60 | 62 |
| Total equity | 877 | 6,397 |
| Total liabilities and equity | 89,997 | 94,408 |
| External Links | |
| BOEING CO (BA) Fiscal Year 2016 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |