The Boeing Company and Subsidiaries | |||||||
Summary of Business Segment Data | |||||||
(Unaudited) | |||||||
|
|
|
|
|
|
|
|
|
Three months ended March 31 | ||||||
(Dollars in millions) |
2015 |
|
|
2014 |
| ||
Revenues: |
|
|
| ||||
Commercial Airplanes |
|
$15,381 |
|
|
|
$12,737 |
|
Defense, Space & Security: |
|
|
| ||||
Boeing Military Aircraft |
2,744 |
|
|
3,455 |
| ||
Network & Space Systems |
1,732 |
|
|
1,876 |
| ||
Global Services & Support |
2,233 |
|
|
2,302 |
| ||
Total Defense, Space & Security |
6,709 |
|
|
7,633 |
| ||
Boeing Capital |
86 |
|
|
82 |
| ||
Unallocated items, eliminations and other |
(27) |
|
|
13 |
| ||
Total revenues |
|
$22,149 |
|
|
|
$20,465 |
|
Earnings from operations: |
|
|
| ||||
Commercial Airplanes |
|
$1,617 |
|
|
|
$1,502 |
|
Defense, Space & Security: |
|
|
| ||||
Boeing Military Aircraft |
261 |
|
|
332 |
| ||
Network & Space Systems |
167 |
|
|
168 |
| ||
Global Services & Support |
315 |
|
|
278 |
| ||
Total Defense, Space & Security |
743 |
|
|
778 |
| ||
Boeing Capital |
20 |
|
|
44 |
| ||
Unallocated items, eliminations and other |
(361) |
|
|
(782) |
| ||
Earnings from operations |
2,019 |
|
|
1,542 |
| ||
Other (loss)/income, net |
(12) |
|
|
9 |
| ||
Interest and debt expense |
(61) |
|
|
(92) |
| ||
Earnings before income taxes |
1,946 |
|
|
1,459 |
| ||
Income tax expense |
(610) |
|
|
(494) |
| ||
Net earnings |
|
$1,336 |
|
|
|
$965 |
|
|
|
|
| ||||
Research and development expense, net: |
|
|
| ||||
Commercial Airplanes |
|
$543 |
|
|
|
$529 |
|
Defense, Space & Security |
224 |
|
|
280 |
| ||
Other |
2 |
|
|
|
| ||
Total research and development expense, net |
|
$769 |
|
|
|
$809 |
|
|
|
|
| ||||
Unallocated items, eliminations and other: |
|
|
| ||||
Share-based plans |
|
($21) |
|
|
|
($24) |
|
Deferred compensation |
(58) |
|
|
7 |
| ||
Amortization of previously capitalized interest |
(29) |
|
|
(18) |
| ||
Eliminations and other unallocated items |
(140) |
|
|
(194) |
| ||
Sub-total (included in core operating earnings) |
|
(248) |
|
|
|
(229) |
|
Pension |
|
(152) |
|
|
|
(576) |
|
Postretirement |
|
39 |
|
|
|
23 |
|
Total unallocated items, eliminations and other |
|
($361) |
|
|
|
($782) |
|
Boeing Reports Strong First-Quarter Results
| | More MCAD News |
|
RELATED NEWS