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: 2012 | |||
Consolidated Statements Of Operations | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 11, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Sales of products | $ 71,234 | 57,401 | 52,586 |
| Sales of services | 10,464 | 11,334 | 11,720 |
| Total revenues | 81,698 | 68,735 | 64,306 |
| Cost of products | (60,309) | (46,642) | (42,194) |
| Cost of services | (8,247) | (9,097) | (9,489) |
| Boeing Capital interest expense | (88) | (128) | (160) |
| Total costs and expenses | (68,644) | (55,867) | (51,843) |
| Gross profit | 13,054 | 12,868 | 12,463 |
| Income from operating investments, net | 268 | 278 | 267 |
| General and administrative expense | (3,717) | (3,408) | (3,644) |
| Research and development expense, net | (3,298) | (3,918) | (4,121) |
| Gain on dispositions, net | 4 | 24 | 6 |
| Earnings from operations | 6,311 | 5,844 | 4,971 |
| Other income, net | 62 | 47 | 52 |
| Interest and debt expense | (463) | (498) | (516) |
| Earnings before income taxes | 5,910 | 5,393 | 4,507 |
| Income tax expense | (2,007) | (1,382) | (1,196) |
| Net earnings from continuing operations | 3,903 | 4,011 | 3,311 |
| Net (loss)/gain on disposal of discontinued operations, net of taxes of $2, ($4), $2 | (3) | 7 | (4) |
| Net earnings | 3,900 | 4,018 | 3,307 |
| Basic earnings per share from continuing operations | 5.15 | 5.38 | 4.50 |
| Net (loss)/gain on disposal of discontinued operations, net of taxes | 0.01 | (0.01) | |
| Basic earnings per share | 5.15 | 5.39 | 4.49 |
| Diluted earnings per share from continuing operations | 5.11 | 5.33 | 4.46 |
| Net (loss)/gain on disposal of discontinued operations, net of taxes | 0.01 | (0.01) | |
| Diluted earnings per share | 5.11 | 5.34 | 4.45 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOEING CO | |||
Ticker: BA Fiscal Year: 2012 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 11, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Net earnings | $ 3,900 | 4,018 | 3,307 |
| Currency translation adjustments | 17 | (35) | 16 |
| Unrealized loss on certain investments, net of tax of $0, $1 and $0 | (2) | ||
| Effective portion recognized in other comprehensive loss, net of taxes: | 25 | (13) | 37 |
| Effective portion reclassified out of Accumulated other comprehensive loss into earnings, net of taxes: | (5) | (16) | (9) |
| Total unrealized gain/(loss) on derivative instruments, net of tax | 20 | (29) | 28 |
| Prior service cost arising during the period, net of tax of $9, ($195) and $4 | (16) | 338 | (8) |
| Amortization of prior service cost included in net periodic pension cost, net of tax of ($10), ($54) and ($57) | 18 | 94 | 113 |
| Net actuarial loss arising during the period, net of tax of $1,382, $2,297 and $1,506 | (2,401) | (3,993) | (2,625) |
| Amortization of actuarial losses included in net periodic pension cost, net of tax of ($752), ($523) and ($305) | 1,304 | 909 | 529 |
| Settlements and curtailments included in net income, net of tax of ($9), ($25) and ($5) | (15) | (42) | (9) |
| Pension and post retirement benefits related to our equity method investments, net of tax ($74), $38 and ($34) | 127 | (66) | 57 |
| Total defined benefit pension plans & other postretirement benefits, net of tax | 953 | 2,676 | 1,925 |
| Other comprehensive loss, net of tax | (916) | (2,742) | (1,881) |
| Comprehensive income/(loss) related to non-controlling interest | 3 | (1) | 1 |
| Comprehensive income, net of tax | 2,987 | 1,275 | 1,427 |
| Equity Components | |||
| Accumulated Other Comprehensive Loss | |||
| Other comprehensive loss, net of tax | (916) | (2,742) | (1,881) |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOEING CO | |||
Ticker: BA Fiscal Year: 2012 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 11, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Cash flows - operation activities: | |||
| Net earnings | $ 3,900 | 4,018 | 3,307 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Non-cash items - | |||
| Share-based plans expense | 193 | 186 | 215 |
| Depreciation and amortization | 1,811 | 1,675 | 1,746 |
| Investment/asset impairment charges, net | 84 | 119 | 174 |
| Customer financing valuation (benefit)/provision | (10) | (269) | 51 |
| Loss/(gain) on disposal of discontinued operations | 5 | (11) | 6 |
| Gain on dispositions, net | (4) | (24) | (6) |
| Other charges and credits, net | 694 | 500 | 512 |
| Excess tax benefits from share-based payment arrangements | (45) | (36) | (19) |
| Changes in assets and liabilities | |||
| Accounts receivable | (27) | (292) | 8 |
| Inventories, net of advances and progress billings | (5,681) | (10,012) | (7,387) |
| Accounts payable | 1,199 | 1,164 | 313 |
| Accrued liabilities | 801 | 237 | 668 |
| Advances and billings in excess of related costs | 1,177 | 3,173 | 238 |
| Income taxes receivable, payable and deferred | 1,605 | 1,262 | 822 |
| Other long-term liabilities | 157 | 127 | 328 |
| Pension and other postretirement plans | 1,288 | 2,126 | 1,335 |
| Customer financing, net | 407 | (6) | 717 |
| Other | (46) | 86 | (76) |
| Net cash provided by operating activities | 7,508 | 4,023 | 2,952 |
| Cash flows - investing activities: | |||
| Property, plant and equipment additions | (1,703) | (1,713) | (1,125) |
| Property, plant and equipment reductions | 97 | 94 | 63 |
| Acquisitions, net of cash acquired | (124) | (42) | (932) |
| Contributions to investments | (12,921) | (6,796) | (15,548) |
| Proceeds from investments | 10,901 | 10,757 | 12,425 |
| Reimbursement of Sea Launch guarantee payments | 82 | ||
| Receipt of economic development program funds | 69 | 206 | |
| Purchase of distribution rights | (7) | (2) | |
| Net cash (used)/provided by investing activities | (3,757) | 2,369 | (4,831) |
| Cash flows - financing activities | |||
| New borrowings | 60 | 799 | 41 |
| Debt repayments | (2,076) | (930) | (689) |
| Repayments of distribution rights financing | (228) | (451) | (137) |
| Stock options exercised, other | 120 | 114 | 87 |
| Excess tax benefits from share-based payment arrangements | 45 | 36 | 19 |
| Employee taxes on certain share-based payment arrangements | (76) | (24) | (30) |
| Dividends paid | (1,322) | (1,244) | (1,253) |
| Net cash used by financing activities | (3,477) | (1,700) | (1,962) |
| Effect of exchange rate changes on cash and cash equivalents | 18 | (2) | (15) |
| Net increase/(decrease) in cash and cash equivalents | 292 | 4,690 | (3,856) |
| Cash and cash equivalents at beginning of year | 10,049 | 5,359 | |
| Cash and cash equivalents at end of year | 10,341 | 10,049 | 5,359 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
BOEING CO | ||
Ticker: BA Fiscal Year: 2012 | ||
Consolidated Statements Of Financial Position | ||
Period Ending Dec 31, 2012 10-K (Filed: Feb 11, 2013) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2012 | Dec 31, 2011 | |
| Assets | ||
| Cash and cash equivalents | $ 10,341 | 10,049 |
| Short-term and other investments | 3,217 | 1,223 |
| Accounts receivable, net | 5,608 | 5,793 |
| Current portion of customer financing, net | 364 | 476 |
| Deferred income taxes | 28 | 29 |
| Inventories, net of advances and progress billings | 37,751 | 32,240 |
| Total current assets | 57,309 | 49,810 |
| Customer financing, net | 4,056 | 4,296 |
| Property, plant and equipment, net | 9,660 | 9,313 |
| Goodwill | 5,035 | 4,945 |
| Acquired intangible assets, net | 3,111 | 3,044 |
| Deferred income taxes | 6,753 | 5,892 |
| Investments | 1,180 | 1,043 |
| Other assets, net of accumulated amortization of $504 and $717 | 1,792 | 1,643 |
| Total assets | 88,896 | 79,986 |
| Liabilities and equity | ||
| Accounts payable | 9,394 | 8,406 |
| Accrued liabilities | 12,995 | 12,239 |
| Advances and billings in excess of related costs | 16,672 | 15,496 |
| Deferred income taxes and income taxes payable | 4,485 | 2,780 |
| Short-term debt and current portion of long-term debt | 1,436 | 2,353 |
| Total current liabilities | 44,982 | 41,274 |
| Accrued retiree health care | 7,528 | 7,520 |
| Accrued pension plan liability, net | 19,651 | 16,537 |
| Non-current income taxes payable | 366 | 122 |
| Other long-term liabilities | 1,429 | 907 |
| Long-term debt | 8,973 | 10,018 |
| 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 | 4,122 | 4,033 |
| Treasury stock, at cost | (15,937) | (16,603) |
| Retained earnings | 30,037 | 27,524 |
| Accumulated other comprehensive loss | (17,416) | (16,500) |
| Total shareholders equity | 5,867 | 3,515 |
| Noncontrolling interest | 100 | 93 |
| Total equity | 5,967 | 3,608 |
| Total liabilities and equity | 88,896 | 79,986 |
| External Links | |
| BOEING CO (BA) Fiscal Year 2012 | |
| 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 |