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: 2017 | |||
Consolidated Statements Of Operations | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 12, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Sales of products | $ 83,204 | 84,399 | 85,255 |
| Sales of services | 10,188 | 10,172 | 10,859 |
| Total revenues | 93,392 | 94,571 | 96,114 |
| Cost of products | (68,365) | (72,713) | (73,446) |
| Cost of services | (7,631) | (8,018) | (8,578) |
| Boeing Capital interest expense | (70) | (59) | (64) |
| Total costs and expenses | (76,066) | (80,790) | (82,088) |
| Gross profit | 17,326 | 13,781 | 14,026 |
| Income (Loss) from Investments | 204 | 303 | 274 |
| Income from operating investments, net | 233 | 303 | 274 |
| General and administrative expense | (4,094) | (3,616) | (3,525) |
| Research and development expense, net | (3,179) | (4,627) | (3,331) |
| Gain/(loss) on dispositions, net | 21 | (7) | (1) |
| Earnings from operations | 10,278 | 5,834 | 7,443 |
| Other income/(loss), net | 129 | 40 | (13) |
| Interest and debt expense | (360) | (306) | (275) |
| Earnings before income taxes | 10,047 | 5,568 | 7,155 |
| Income tax expense | (1,850) | (673) | (1,979) |
| Net earnings | 8,197 | 4,895 | 5,176 |
| Basic earnings per share | 13.60 | 7.70 | 7.52 |
| Diluted earnings/(loss) per share | 13.43 | 7.61 | 7.44 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOEING CO | |||
Ticker: BA Fiscal Year: 2017 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 12, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Net earnings | $ 8,197 | 4,895 | 5,176 |
| Currency translation adjustments | 128 | (104) | (92) |
| Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax of ($1), $1, and ($5) | 1 | (2) | 8 |
| Unrealized gain/(loss) on derivative instruments: | |||
| Unrealized gain/(loss) arising during period, net of tax of ($66), $4 and $77 | 119 | (8) | (140) |
| Reclassification adjustment for loss included in net earnings, net of tax of ($28), ($43) and ($43) | 52 | 78 | 79 |
| Total unrealized gain/(loss) on derivative instruments, net of tax | 171 | 70 | (61) |
| Defined benefit pension plans & other postretirement benefits: | |||
| Net actuarial loss arising during the period, net of tax of $248, $752 and $402 | (495) | (1,365) | (732) |
| Amortization of actuarial losses included in net periodic pension cost, net of tax of ($272), ($288) and ($570) | 542 | 524 | 1,038 |
| Settlements and curtailments included in net income, net of tax of $0, ($7) and ($27) | 14 | 51 | |
| Pension and postretirement (cost)/benefit related to our equity method investments, net of tax $5, ($7) and ($2) | (11) | 12 | 3 |
| Amortization of prior service (credits)/cost included in net periodic pension cost, net of tax of $59, $31 and ($22) | (117) | (57) | 38 |
| Prior service cost arising during the period, net of tax of ($14), ($18) and ($496) | 28 | 33 | 902 |
| Total defined benefit pension plans & other postretirement benefits, net of tax | (53) | (839) | 1,300 |
| Other comprehensive income/(loss), net of tax | 247 | (875) | 1,155 |
| Comprehensive loss related to noncontrolling interests | (2) | (1) | (3) |
| Comprehensive income, net of tax | 8,442 | 4,019 | 6,328 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOEING CO | |||
Ticker: BA Fiscal Year: 2017 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 12, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Cash flows - operation activities: | |||
| Net earnings | $ 8,197 | 4,895 | 5,176 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Non-cash items - | |||
| Share-based plans expense | 202 | 190 | 189 |
| Depreciation and amortization | 2,069 | 1,910 | 1,833 |
| Investment/asset impairment charges, net | 113 | 90 | 167 |
| Customer financing valuation cost/(benefit) | 2 | (7) | (5) |
| (Gain)/Loss on dispositions, net | (21) | 7 | 1 |
| Other charges and credits, net | 287 | 369 | 364 |
| Excess tax benefits from share-based payment arrangements | 157 | ||
| Changes in assets and liabilities | |||
| Accounts receivable | (1,821) | 112 | (1,069) |
| Inventories, net of advances and progress billings | (1,085) | 3,755 | (1,110) |
| Accounts payable | 130 | 622 | (238) |
| Accrued liabilities | 573 | 726 | 2 |
| Advances and billings in excess of related costs | 3,570 | (493) | 1,192 |
| Income taxes receivable, payable and deferred | 857 | (810) | 477 |
| Other long-term liabilities | 94 | (68) | 46 |
| Pension and other postretirement plans | (582) | 153 | 2,470 |
| Customer financing, net | 1,017 | (696) | 167 |
| Other | (258) | (256) | (142) |
| Net cash provided by operating activities | 13,344 | 10,499 | 9,363 |
| Cash flows - investing activities: | |||
| Property, plant and equipment additions | (1,739) | (2,613) | (2,450) |
| Property, plant and equipment reductions | 92 | 38 | 42 |
| Acquisitions, net of cash acquired | (324) | (297) | (31) |
| Contributions to investments | (3,601) | (1,719) | (2,036) |
| Proceeds from investments | 3,639 | 1,209 | 2,590 |
| Purchase of distribution rights | 131 | ||
| Other | 2 | 2 | 39 |
| Net cash used by investing activities | (2,062) | (3,380) | (1,846) |
| Cash flows - financing activities | |||
| New borrowings | 2,077 | 1,325 | 1,746 |
| Debt repayments | (953) | (1,359) | (885) |
| Repayments of distribution rights and other asset financing | (24) | ||
| Stock options exercised | 311 | 321 | 399 |
| Excess Tax Benefit from Share-based Compensation, Financing Activities | 157 | ||
| Employee taxes on certain share-based payment arrangements | (132) | (93) | (96) |
| Common shares repurchased | (9,236) | (7,001) | (6,751) |
| Dividends paid | (3,417) | (2,756) | (2,490) |
| Net cash used by financing activities | (11,350) | (9,587) | (7,920) |
| Effect of exchange rate changes on cash and cash equivalents | 80 | (33) | (28) |
| Net decrease in cash and cash equivalents | 12 | (2,501) | (431) |
| Cash and cash equivalents at beginning of year | 8,801 | 11,302 | |
| Cash and cash equivalents at end of year | 8,813 | 8,801 | 11,302 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
BOEING CO | ||
Ticker: BA Fiscal Year: 2017 | ||
Consolidated Statements Of Financial Position | ||
Period Ending Dec 31, 2017 10-K (Filed: Feb 12, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2017 | Dec 31, 2016 | |
| Assets | ||
| Cash and cash equivalents | $ 8,813 | 8,801 |
| Short-term and other investments | 1,179 | 1,228 |
| Accounts receivable, net | 10,516 | 8,832 |
| Current portion of customer financing, net | 309 | 428 |
| Inventories, net of advances and progress billings | 44,344 | 43,199 |
| Total current assets | 65,161 | 62,488 |
| Customer financing, net | 2,740 | 3,773 |
| Property, plant and equipment, net | 12,672 | 12,807 |
| Goodwill | 5,559 | 5,324 |
| Acquired intangible assets, net | 2,573 | 2,540 |
| Deferred income taxes | 341 | 332 |
| Investments | 1,260 | 1,317 |
| Other assets, net of accumulated amortization of $482 and $497 | 2,027 | 1,416 |
| Total assets | 92,333 | 89,997 |
| Liabilities and equity | ||
| Accounts payable | 12,202 | 11,190 |
| Accrued liabilities | 15,292 | 14,691 |
| Advances and billings in excess of related costs | 27,440 | 23,869 |
| Short-term debt and current portion of long-term debt | 1,335 | 384 |
| Total current liabilities | 56,269 | 50,134 |
| Deferred income taxes | 1,839 | 1,338 |
| Accrued retiree health care | 5,545 | 5,916 |
| Accrued pension plan liability, net | 16,471 | 19,943 |
| Other long-term liabilities | 2,015 | 2,221 |
| Long-term debt | 9,782 | 9,568 |
| 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 | 6,804 | 4,762 |
| Treasury stock, at cost | (43,454) | (36,097) |
| Retained earnings | 45,320 | 40,714 |
| Accumulated other comprehensive loss | (13,376) | (13,623) |
| Total shareholders equity | 355 | 817 |
| Noncontrolling interests | 57 | 60 |
| Total equity | 412 | 877 |
| Total liabilities and equity | 92,333 | 89,997 |
| External Links | |
| BOEING CO (BA) Fiscal Year 2017 | |
| 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 |