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: 2013 | |||
Consolidated Statements Of Operations | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 14, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Sales of products | $ 76,792 | 71,234 | 57,401 |
| Sales of services | 9,831 | 10,464 | 11,334 |
| Total revenues | 86,623 | 81,698 | 68,735 |
| Cost of products | (65,640) | (60,309) | (46,642) |
| Cost of services | (7,553) | (8,247) | (9,097) |
| Boeing Capital interest expense | (75) | (109) | (149) |
| Total costs and expenses | (73,268) | (68,665) | (55,888) |
| Gross profit | 13,355 | 13,033 | 12,847 |
| Income from operating investments, net | 214 | 268 | 278 |
| General and administrative expense | (3,956) | (3,717) | (3,408) |
| Research and development expense, net | (3,071) | (3,298) | (3,918) |
| Gain on dispositions, net | 20 | 4 | 24 |
| Earnings from operations | 6,562 | 6,290 | 5,823 |
| Other income, net | 56 | 62 | 47 |
| Interest and debt expense | (386) | (442) | (477) |
| Earnings before income taxes | 6,232 | 5,910 | 5,393 |
| Income tax expense | (1,646) | (2,007) | (1,382) |
| Net earnings from continuing operations | 4,586 | 3,903 | 4,011 |
| Net (loss)/gain on disposal of discontinued operations, net of taxes of $0, $2, ($4) | (1) | (3) | 7 |
| Net earnings | 4,585 | 3,900 | 4,018 |
| Basic earnings per share from continuing operations | 6.03 | 5.15 | 5.38 |
| Net (loss)/gain on disposal of discontinued operations, net of taxes | 0.01 | ||
| Basic earnings per share | 6.03 | 5.15 | 5.39 |
| Diluted earnings per share from continuing operations | 5.96 | 5.11 | 5.33 |
| Net (loss)/gain on disposal of discontinued operations, net of taxes | 0.01 | ||
| Diluted earnings per share | 5.96 | 5.11 | 5.34 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOEING CO | |||
Ticker: BA Fiscal Year: 2013 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 14, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Net earnings | $ 4,585 | 3,900 | 4,018 |
| Currency translation adjustments | (64) | 17 | (35) |
| Unrealized loss on certain investments, net of tax of $0, $0 and $1 | (2) | ||
| Unrealized (loss)/gain on derivative instruments: | |||
| Unrealized (loss)/gain arising during period, net of tax of $42, ($13) and $7 | (75) | 25 | (13) |
| Reclassification adjustment for gains included in net earnings, net of tax of $9, $3 and $9 | (17) | (5) | (16) |
| Total unrealized (loss)/gain on derivative instruments, net of tax | (92) | 20 | (29) |
| Defined benefit pension plans & other postretirement benefits: | |||
| Prior service (cost)/benefit arising during the period, net of tax of $41, $9 and ($195) | (74) | (16) | 338 |
| Amortization of prior service cost included in net periodic pension cost, net of tax of ($6), ($10) and ($54) | 10 | 18 | 94 |
| Net actuarial gain/(loss) arising during the period, net of tax of ($3,437), $1,382 and $2,297 | 6,143 | (2,401) | (3,993) |
| Amortization of actuarial losses included in net periodic pension cost, net of tax of ($849), ($752) and ($523) | 1,516 | 1,304 | 909 |
| Settlements and curtailments included in net income, net of tax of ($33), ($9) and ($25) | 59 | 15 | 42 |
| Pension and postretirement benefit/(cost) related to our equity method investments, net of tax ($13), ($74) and $38 | 24 | 127 | (66) |
| Total defined benefit pension plans & other postretirement benefits, net of tax | 7,678 | (953) | (2,676) |
| Other comprehensive income/(loss), net of tax | 7,522 | (916) | (2,742) |
| Comprehensive income/(loss) related to non-controlling interest | 9 | 3 | (1) |
| Comprehensive income, net of tax | 12,116 | 2,987 | 1,275 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOEING CO | |||
Ticker: BA Fiscal Year: 2013 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 14, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Cash flows - operation activities: | |||
| Net earnings | $ 4,585 | 3,900 | 4,018 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Non-cash items - | |||
| Share-based plans expense | 206 | 193 | 186 |
| Depreciation and amortization | 1,844 | 1,811 | 1,675 |
| Investment/asset impairment charges, net | 96 | 84 | 119 |
| Customer financing valuation benefit | (11) | (10) | (269) |
| Loss/(gain) on disposal of discontinued operations | 1 | 5 | (11) |
| Gain on dispositions, net | (20) | (4) | (24) |
| Other charges and credits, net | 528 | 694 | 500 |
| Excess tax benefits from share-based payment arrangements | (128) | (45) | (36) |
| Changes in assets and liabilities | |||
| Accounts receivable | (879) | (27) | (292) |
| Inventories, net of advances and progress billings | (5,562) | (5,681) | (10,012) |
| Accounts payable | (298) | 1,199 | 1,164 |
| Accrued liabilities | 883 | 801 | 237 |
| Advances and billings in excess of related costs | 3,353 | 1,177 | 3,173 |
| Income taxes receivable, payable and deferred | 1,445 | 1,605 | 1,262 |
| Other long-term liabilities | 2 | 157 | 127 |
| Pension and other postretirement plans | 1,720 | 1,288 | 2,126 |
| Customer financing, net | 391 | 407 | (6) |
| Other | 23 | (46) | 86 |
| Net cash provided by operating activities | 8,179 | 7,508 | 4,023 |
| Cash flows - investing activities: | |||
| Property, plant and equipment additions | (2,098) | (1,703) | (1,713) |
| Property, plant and equipment reductions | 51 | 97 | 94 |
| Acquisitions, net of cash acquired | (26) | (124) | (42) |
| Contributions to investments | (15,394) | (12,921) | (6,796) |
| Proceeds from investments | 12,453 | 10,901 | 10,757 |
| Receipt of economic development program funds | 69 | ||
| Purchase of distribution rights | (140) | (7) | |
| Net cash (used)/provided by investing activities | (5,154) | (3,757) | 2,369 |
| Cash flows - financing activities | |||
| New borrowings | 571 | 60 | 799 |
| Debt repayments | (1,434) | (2,076) | (930) |
| Repayments of distribution rights and other asset financing | (280) | (228) | (451) |
| Stock options exercised, other | 1,097 | 120 | 114 |
| Excess tax benefits from share-based payment arrangements | 128 | 45 | 36 |
| Employee taxes on certain share-based payment arrangements | (63) | (76) | (24) |
| Common shares repurchased | 2,801 | ||
| Dividends paid | (1,467) | (1,322) | (1,244) |
| Net cash used by financing activities | (4,249) | (3,477) | (1,700) |
| Effect of exchange rate changes on cash and cash equivalents | (29) | 18 | (2) |
| Net (decrease)/increase in cash and cash equivalents | (1,253) | 292 | 4,690 |
| Cash and cash equivalents at beginning of year | 10,341 | 10,049 | |
| Cash and cash equivalents at end of year | 9,088 | 10,341 | 10,049 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
BOEING CO | ||
Ticker: BA Fiscal Year: 2013 | ||
Consolidated Statements Of Financial Position | ||
Period Ending Dec 31, 2013 10-K (Filed: Feb 14, 2014) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2013 | Dec 31, 2012 | |
| Assets | ||
| Cash and cash equivalents | $ 9,088 | 10,341 |
| Short-term and other investments | 6,170 | 3,217 |
| Accounts receivable, net | 6,546 | 5,608 |
| Current portion of customer financing, net | 344 | 364 |
| Deferred income taxes | 14 | 28 |
| Inventories, net of advances and progress billings | 42,912 | 37,751 |
| Total current assets | 65,074 | 57,309 |
| Customer financing, net | 3,627 | 4,056 |
| Property, plant and equipment, net | 10,224 | 9,660 |
| Goodwill | 5,043 | 5,035 |
| Acquired intangible assets, net | 3,052 | 3,111 |
| Deferred income taxes | 2,939 | 6,753 |
| Investments | 1,204 | 1,180 |
| Other assets, net of accumulated amortization of $448 and $504 | 1,500 | 1,792 |
| Total assets | 92,663 | 88,896 |
| Liabilities and equity | ||
| Accounts payable | 9,498 | 9,394 |
| Accrued liabilities | 14,131 | 12,995 |
| Advances and billings in excess of related costs | 20,027 | 16,672 |
| Deferred income taxes and income taxes payable | 6,267 | 4,485 |
| Short-term debt and current portion of long-term debt | 1,563 | 1,436 |
| Total current liabilities | 51,486 | 44,982 |
| Accrued retiree health care | 6,528 | 7,528 |
| Accrued pension plan liability, net | 10,474 | 19,651 |
| Non-current income taxes payable | 156 | 366 |
| Other long-term liabilities | 950 | 1,429 |
| Long-term debt | 8,072 | 8,973 |
| 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 | 4,415 | 4,122 |
| Treasury stock, at cost | (17,671) | (15,937) |
| Retained earnings | 32,964 | 30,037 |
| Accumulated other comprehensive loss | (9,894) | (17,416) |
| Total shareholders equity | 14,875 | 5,867 |
| Noncontrolling interest | 122 | 100 |
| Total equity | 14,997 | 5,967 |
| Total liabilities and equity | 92,663 | 88,896 |
| External Links | |
| BOEING CO (BA) Fiscal Year 2013 | |
| 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 |