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: 2009 | |||
Consolidated Statements of Operations | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 8, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Sales of products | $ 57,032 | 50,180 | 57,049 |
| Sales of services | 11,249 | 10,729 | 9,338 |
| Total revenues | 68,281 | 60,909 | 66,387 |
| Cost of products | (47,639) | (41,662) | (45,375) |
| Cost of services | (8,726) | (8,467) | (7,732) |
| Boeing Capital Corporation interest expense | (175) | (223) | (295) |
| Total costs and expenses | (56,540) | (50,352) | (53,402) |
| Gross Profit, Total | 11,741 | 10,557 | 12,985 |
| Income from operating investments, net | 249 | 241 | 188 |
| General and administrative expense | (3,364) | (3,084) | (3,531) |
| Research and development expense, net of credits of $0, $50 and $130 | (6,506) | (3,768) | (3,850) |
| (Loss)/gain on dispositions, net | (24) | 4 | 38 |
| Earnings from operations | 2,096 | 3,950 | 5,830 |
| Other (expense)/income, net | (26) | 247 | 484 |
| Interest and debt expense | (339) | (202) | (196) |
| Earnings before income taxes | 1,731 | 3,995 | 6,118 |
| Income tax expense | (396) | (1,341) | (2,060) |
| Net earnings from continuing operations | 1,335 | 2,654 | 4,058 |
| Net (loss)/gain on disposal of discontinued operations, net of taxes of $13, ($10) and ($9) | (23) | 18 | 16 |
| Net earnings | 1,312 | 2,672 | 4,074 |
| Basic earnings per share from continuing operations | 1.89 | 3.68 | 5.36 |
| Net (loss)/gain on disposal of discontinued operations, net of taxes | (0.03) | 0.02 | 0.02 |
| Basic earnings per share | 1.86 | 3.70 | 5.38 |
| Diluted earnings per share from continuing operations | 1.87 | 3.65 | 5.26 |
| Net (loss)/gain on disposal of discontinued operations, net of taxes | (0.03) | 0.02 | 0.02 |
| Diluted earnings per share | 1.84 | 3.67 | 5.28 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOEING CO | |||
Ticker: BA Fiscal Year: 2009 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 8, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Cash flows - operating activities: | |||
| Net earnings | $ 1,312 | 2,672 | 4,074 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Non-cash items - | |||
| Share-based plans expense | 238 | 209 | 287 |
| Depreciation | 1,459 | 1,325 | 1,334 |
| Amortization of other acquired intangibles | 207 | 166 | 152 |
| Amortization of debt discount/premium and issuance costs | 12 | 11 | (1) |
| Investment/asset impairment charges, net | 151 | 50 | 51 |
| Customer financing valuation provision | 45 | 84 | (60) |
| (Gain)/loss on disposal of discontinued operations | 36 | (28) | (25) |
| (Gain)/loss on dispositions, net | 24 | (4) | (38) |
| Other charges and credits, net | 214 | 116 | 197 |
| Excess tax benefits from share-based payment arrangements | (5) | (100) | (144) |
| Changes in assets and liabilities - | |||
| Accounts receivable | (391) | 564 | (392) |
| Inventories, net of advances and progress billings | (1,525) | (6,168) | (1,577) |
| Accounts payable | 1,141 | 318 | (198) |
| Other accrued liabilities | 1,327 | 554 | 1,126 |
| Advances and billings in excess of related costs | (680) | (1,120) | 2,369 |
| Income taxes receivable, payable and deferred | 607 | 744 | 1,290 |
| Other long-term liabilities | (12) | (211) | 71 |
| Pension and other postretirement plans | 1,140 | 14 | (143) |
| Customer financing, net | 104 | 432 | 1,458 |
| Other | 199 | (29) | (247) |
| Net cash provided/(used) by operating activities | 5,603 | (401) | 9,584 |
| Cash flows - investing activities: | |||
| Property, plant and equipment additions | (1,186) | (1,674) | (1,731) |
| Property, plant and equipment reductions | 27 | 34 | 59 |
| Acquisitions, net of cash acquired | (639) | (964) | (75) |
| Contributions to investments | (2,629) | (6,673) | (5,710) |
| Proceeds from investments | 1,041 | 11,343 | 3,817 |
| Payments on Sea Launch guarantees | (448) | 0 | 0 |
| Reimbursement of Sea Launch guarantee payments | 40 | 0 | 0 |
| Purchase of distribution rights | 0 | (178) | (182) |
| Net cash (used)/provided by investing activities | (3,794) | 1,888 | (3,822) |
| Cash flows - financing activities: | |||
| New borrowings | 5,961 | 13 | 40 |
| Debt repayments | (551) | (738) | (1,406) |
| Payments to noncontrolling interests | (40) | 0 | 0 |
| Repayments of distribution rights financing | 0 | (357) | 0 |
| Stock options exercised, other | 10 | 44 | 209 |
| Excess tax benefits from share-based payment arrangements | 5 | 100 | 144 |
| Employee taxes on certain share-based payment arrangements | (21) | (135) | 0 |
| Common shares repurchased | (50) | (2,937) | (2,775) |
| Dividends paid | (1,220) | (1,192) | (1,096) |
| Net cash provided/(used) by financing activities | 4,094 | (5,202) | (4,884) |
| Effect of exchange rate changes on cash and cash equivalents | 44 | (59) | 46 |
| Net increase/(decrease) in cash and cash equivalents | 5,947 | (3,774) | 924 |
| Cash and cash equivalents at beginning of year | 3,268 | 7,042 | |
| Cash and cash equivalents at end of year | 9,215 | 3,268 | 7,042 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
BOEING CO | ||
Ticker: BA Fiscal Year: 2009 | ||
Consolidated Statements of Financial Position | ||
Period Ending Dec 31, 2009 10-K (Filed: Feb 8, 2010) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2009 | Dec 31, 2008 | |
| Assets | ||
| Cash and cash equivalents | $ 9,215 | 3,268 |
| Short-term investments | 2,008 | 11 |
| Accounts receivable, net | 5,785 | 5,602 |
| Current portion of customer financing, net | 368 | 425 |
| Deferred income taxes | 966 | 1,046 |
| Inventories, net of advances and progress billings | 16,933 | 15,612 |
| Total current assets | 35,275 | 25,964 |
| Customer financing, net | 5,466 | 5,857 |
| Property, plant and equipment, net | 8,784 | 8,762 |
| Goodwill | 4,319 | 3,647 |
| Other acquired intangibles, net | 2,877 | 2,685 |
| Deferred income taxes | 3,062 | 4,114 |
| Investments | 1,030 | 1,328 |
| Pension plan assets, net | 16 | 16 |
| Other assets, net of accumulated amortization of $492 and $400 | 1,224 | 1,406 |
| Total assets | 62,053 | 53,779 |
| Liabilities and shareholders' equity | ||
| Accounts payable | 7,096 | 5,871 |
| Other accrued liabilities | 12,822 | 11,564 |
| Advances and billings in excess of related costs | 12,076 | 12,737 |
| Income taxes payable | 182 | 41 |
| Short-term debt and current portion of long-term debt | 707 | 560 |
| Total current liabilities | 32,883 | 30,773 |
| Accrued retiree health care | 7,049 | 7,322 |
| Accrued pension plan liability, net | 6,315 | 8,383 |
| Non-current income taxes payable | 827 | 1,154 |
| Other long-term liabilities | 537 | 337 |
| Long-term debt | 12,217 | 6,952 |
| Shareholders' equity: | ||
| Common shares issued, par value $5.00 - 1,012,261,159 shares | 5,061 | 5,061 |
| Additional paid-in capital | 3,724 | 3,456 |
| Treasury shares, at cost | (15,911) | (17,758) |
| Retained earnings | 22,746 | 22,675 |
| Accumulated other comprehensive loss | (11,877) | (13,525) |
| ShareValue Trust shares | (1,615) | (1,203) |
| Total Boeing shareholders' equity | 2,128 | (1,294) |
| Noncontrolling interest | 97 | 152 |
| Total shareholders' equity | 2,225 | (1,142) |
| Total liabilities and shareholders' equity | 62,053 | 53,779 |
| External Links | |
| BOEING CO (BA) Fiscal Year 2009 | |
| 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 |