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: 2020 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 1, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Cash flows - operation activities: | |||
| Net (loss)/earnings | $ (11,941) | (636) | 10,460 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Non-cash items - | |||
| Share-based plans expense | 250 | 212 | 202 |
| Treasury shares issued for 401(k) contribution | 195 | ||
| Depreciation and amortization | 2,246 | 2,271 | 2,114 |
| Investment/asset impairment charges, net | 410 | 443 | 93 |
| Customer financing valuation adjustments | 12 | 250 | (3) |
| Gain/(loss) on dispositions, net | (202) | (691) | (75) |
| 777X reach-forward loss | 942 | 111 | 190 |
| Other charges and credits, net | 1,462 | 334 | 247 |
| Changes in assets and liabilities | |||
| Accounts receivable | 909 | 603 | (795) |
| Unbilled receivables | 919 | 982 | (1,826) |
| Advances and progress billings | (1,060) | 737 | 2,636 |
| Inventories | (11,002) | (12,391) | 568 |
| Other current assets | 372 | (682) | 98 |
| Accounts payable | (5,363) | 1,600 | 2 |
| Accrued liabilities | 1,074 | 7,781 | 1,117 |
| Income taxes receivable, payable and deferred | (2,576) | (2,476) | (180) |
| Other long-term liabilities | (222) | (621) | 87 |
| Pension and other postretirement plans | (794) | (777) | (153) |
| Customer financing, net | 173 | 419 | 120 |
| Other | 235 | 196 | 610 |
| Net cash (used)/provided by operating activities | (18,410) | (2,446) | 15,322 |
| Cash flows - investing activities: | |||
| Property, plant and equipment additions | (1,303) | (1,834) | (1,722) |
| Property, plant and equipment reductions | 296 | 334 | 120 |
| Acquisitions, net of cash acquired | (455) | (3,230) | |
| Proceeds from dispositions | 464 | ||
| Contributions to investments | (37,616) | (1,658) | (2,607) |
| Proceeds from investments | 20,275 | 1,759 | 2,898 |
| Purchase of distribution rights | 127 | 69 | |
| Other | (18) | (13) | (11) |
| Net cash used by investing activities | (18,366) | (1,530) | (4,621) |
| Cash flows - financing activities | |||
| New borrowings | 47,248 | 25,389 | 8,548 |
| Debt repayments | (10,998) | (12,171) | (7,183) |
| Contributions from noncontrolling interests | 7 | 35 | |
| Stock options exercised | 36 | 58 | 81 |
| Employee taxes on certain share-based payment arrangements | (173) | (248) | (257) |
| Common shares repurchased | (2,651) | (9,000) | |
| Dividends paid | (1,158) | (4,630) | (3,946) |
| Other | (15) | ||
| Net Cash Provided by (Used in) Financing Activities, Total | 34,955 | 5,739 | (11,722) |
| Effect of exchange rate changes on cash and cash equivalents | 85 | (5) | (53) |
| Net (decrease)/increase in cash & cash equivalents, including restricted | (1,736) | 1,758 | (1,074) |
| Cash & cash equivalents, including restricted, at beginning of year | 9,571 | 7,813 | |
| Cash & cash equivalents, including restricted, at end of year | 7,835 | 9,571 | 7,813 |
| Less restricted cash & cash equivalents, included in Investments | (83) [1] | (86) | (176) |
| Cash and cash equivalents at end of year | 7,752 | 9,485 | 7,637 |
| Aircraft Type | |||
| Airplane Program 777x | |||
| 777X reach-forward loss | 6,493 | ||
| [1] Reflects amounts restricted in support of our workers compensation programs, employee benefit programs, and insurance premiums.Allowance for losses on available for sale debt instruments are assessed quarterly. All instruments are considered investment grade and, as such, we have not recognized an allowance for credit losses as of December 31, 2020. | |||
| External Links | |
| BOEING CO (BA) Fiscal Year 2020 | |
| 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 |