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: 2015 | |||
Consolidated Statements Of Operations | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 10, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Sales of products | $ 85,255 | 80,688 | 76,792 |
| Sales of services | 10,859 | 10,074 | 9,831 |
| Total revenues | 96,114 | 90,762 | 86,623 |
| Cost of products | (73,446) | (68,551) | (65,640) |
| Cost of services | (8,578) | (8,132) | (7,553) |
| Boeing Capital interest expense | (64) | (69) | (75) |
| Total costs and expenses | (82,088) | (76,752) | (73,268) |
| Gross profit | 14,026 | 14,010 | 13,355 |
| Income from operating investments, net | 274 | 287 | 214 |
| General and administrative expense | (3,525) | (3,767) | (3,956) |
| Research and development expense, net | (3,331) | (3,047) | (3,071) |
| (Loss)/gain on dispositions, net | (1) | (10) | 20 |
| Earnings from operations | 7,443 | 7,473 | 6,562 |
| Other (loss)/income, net | (13) | (3) | 56 |
| Interest and debt expense | (275) | (333) | (386) |
| Earnings before income taxes | 7,155 | 7,137 | 6,232 |
| Income tax expense | (1,979) | (1,691) | (1,646) |
| Net earnings from continuing operations | 5,176 | 5,446 | 4,586 |
| Net loss on disposal of discontinued operations, net of taxes of $0, $0, $0 | (1) | ||
| Net earnings | 5,176 | 5,446 | 4,585 |
| Basic earnings per share | 7.52 | 7.47 | 6.03 |
| Diluted earnings per share | 7.44 | 7.38 | 5.96 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOEING CO | |||
Ticker: BA Fiscal Year: 2015 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 10, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Net earnings | $ 5,176 | 5,446 | 4,585 |
| Currency translation adjustments | (92) | (97) | (64) |
| Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax of ($5), $0, $0 | 8 | ||
| Unrealized (loss)/gain on derivative instruments: | |||
| Unrealized (loss) arising during period, net of tax of $77, $77, and $42 | (140) | (137) | (75) |
| Reclassification adjustment for loss/(gain) included in net earnings, net of tax of ($43), ($4), and $9 | 79 | 7 | (17) |
| Total unrealized loss on derivative instruments, net of tax | (61) | (130) | (92) |
| Defined benefit pension plans & other postretirement benefits: | |||
| Net actuarial gain/(loss) arising during the period, net of tax of $402, $2,588, and ($3,437) | (732) | (4,612) | 6,143 |
| Amortization of actuarial losses included in net periodic pension cost, net of tax of ($570), ($367), and ($849) | 1,038 | 661 | 1,516 |
| Settlements and curtailments included in net income, net of tax of ($27), ($101), and ($33) | 51 | 180 | 59 |
| Pension and postretirement benefit/(cost) related to our equity method investments, net of tax ($2), $15, and ($13) | 3 | (27) | 24 |
| Amortization of prior service cost included in net periodic pension cost, net of tax of ($22), ($12), and ($6) | 38 | 21 | 10 |
| Prior service cost arising during the period, net of tax of ($496), $3, and $41 | 902 | (5) | (74) |
| Total defined benefit pension plans & other postretirement benefits, net of tax | 1,300 | (3,782) | 7,678 |
| Other comprehensive income/(loss), net of tax | 1,155 | (4,009) | 7,522 |
| Comprehensive (loss)/income related to noncontrolling interests | (3) | 10 | 9 |
| Comprehensive income, net of tax | 6,328 | 1,447 | 12,116 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOEING CO | |||
Ticker: BA Fiscal Year: 2015 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 10, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Cash flows - operation activities: | |||
| Net earnings | $ 5,176 | 5,446 | 4,585 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Non-cash items - | |||
| Share-based plans expense | 189 | 195 | 206 |
| Depreciation and amortization | 1,833 | 1,906 | 1,844 |
| Investment/asset impairment charges, net | 167 | 229 | 96 |
| Customer financing valuation benefit | (5) | (28) | (11) |
| Loss on disposal of discontinued operations | 1 | ||
| Loss/(gain) on dispositions, net | 1 | 10 | (20) |
| Other charges and credits, net | 364 | 317 | 528 |
| Excess tax benefits from share-based payment arrangements | (157) | (114) | (128) |
| Changes in assets and liabilities | |||
| Accounts receivable | (1,069) | (1,328) | (879) |
| Inventories, net of advances and progress billings | (1,110) | (4,330) | (5,562) |
| Accounts payable | (238) | 1,339 | (298) |
| Accrued liabilities | 2 | (1,088) | 883 |
| Advances and billings in excess of related costs | 1,192 | 3,145 | 3,353 |
| Income taxes receivable, payable and deferred | 477 | 1,325 | 1,445 |
| Other long-term liabilities | 46 | 36 | 2 |
| Pension and other postretirement plans | 2,470 | 1,186 | 1,720 |
| Customer financing, net | 167 | 578 | 391 |
| Other | (142) | 34 | 23 |
| Net cash provided by operating activities | 9,363 | 8,858 | 8,179 |
| Cash flows - investing activities: | |||
| Property, plant and equipment additions | (2,450) | (2,236) | (2,098) |
| Property, plant and equipment reductions | 42 | 34 | 51 |
| Acquisitions, net of cash acquired | (31) | (163) | (26) |
| Contributions to investments | (2,036) | (8,617) | (15,394) |
| Proceeds from investments | 2,590 | 13,416 | 12,453 |
| Purchase of distribution rights | (140) | ||
| Other | 39 | 33 | |
| Net cash (used)/provided by investing activities | (1,846) | 2,467 | (5,154) |
| Cash flows - financing activities | |||
| New borrowings | 1,746 | 962 | 571 |
| Debt repayments | (885) | (1,601) | (1,434) |
| Repayments of distribution rights and other asset financing | (185) | (280) | |
| Stock options exercised | 399 | 343 | 1,097 |
| Excess tax benefits from share-based payment arrangements | 157 | 114 | 128 |
| Employee taxes on certain share-based payment arrangements | (96) | (98) | (63) |
| Common shares repurchased | (6,751) | (6,001) | (2,801) |
| Dividends paid | (2,490) | (2,115) | (1,467) |
| Proceeds from (Payments for) Other Financing Activities | (12) | ||
| Net cash used by financing activities | (7,920) | (8,593) | (4,249) |
| Effect of exchange rate changes on cash and cash equivalents | (28) | (87) | (29) |
| Net (decrease)/increase in cash and cash equivalents | (431) | 2,645 | (1,253) |
| Cash and cash equivalents at beginning of year | 11,733 | 9,088 | |
| Cash and cash equivalents at end of year | 11,302 | 11,733 | 9,088 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
BOEING CO | ||
Ticker: BA Fiscal Year: 2015 | ||
Consolidated Statements Of Financial Position | ||
Period Ending Dec 31, 2015 10-K (Filed: Feb 10, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2015 | Dec 31, 2014 | |
| Assets | ||
| Cash and cash equivalents | $ 11,302 | 11,733 |
| Short-term and other investments | 750 | 1,359 |
| Accounts receivable, net | 8,713 | 7,729 |
| Current portion of customer financing, net | 212 | 190 |
| Inventories, net of advances and progress billings | 47,257 | 46,756 |
| Total current assets | 68,234 | 67,767 |
| Customer financing, net | 3,358 | 3,371 |
| Property, plant and equipment, net | 12,076 | 11,007 |
| Goodwill | 5,126 | 5,119 |
| Acquired intangible assets, net | 2,657 | 2,869 |
| Deferred income taxes | 265 | 317 |
| Investments | 1,284 | 1,154 |
| Other assets, net of accumulated amortization of $451 and $479 | 1,408 | 1,317 |
| Total assets | 94,408 | 92,921 |
| Liabilities and equity | ||
| Accounts payable | 10,800 | 10,667 |
| Accrued liabilities | 14,014 | 13,462 |
| Advances and billings in excess of related costs | 24,364 | 23,175 |
| Short-term debt and current portion of long-term debt | 1,234 | 929 |
| Total current liabilities | 50,412 | 48,233 |
| Deferred income taxes | 2,392 | 2,207 |
| Accrued retiree health care | 6,616 | 6,802 |
| Accrued pension plan liability, net | 17,783 | 17,182 |
| Other long-term liabilities | 2,078 | 1,566 |
| Long-term debt | 8,730 | 8,141 |
| 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 | 4,834 | 4,625 |
| Treasury stock, at cost | (29,568) | (23,298) |
| Retained earnings | 38,756 | 36,180 |
| Accumulated other comprehensive loss | (12,748) | (13,903) |
| Total shareholders equity | 6,335 | 8,665 |
| Noncontrolling interests | 62 | 125 |
| Total equity | 6,397 | 8,790 |
| Total liabilities and equity | 94,408 | 92,921 |
| External Links | |
| BOEING CO (BA) Fiscal Year 2015 | |
| 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 |