Boeing Reports Second-Quarter Results

 

The Boeing Company and Subsidiaries

Consolidated Statements of Financial Position

(Unaudited)


(Dollars in millions, except per share data)

June 30
2019


December 31
2018

Assets




Cash and cash equivalents

$9,167


$7,637

Short-term and other investments

439


927

Accounts receivable, net

3,291


3,879

Unbilled receivables, net

10,247


10,025

Current portion of customer financing, net

171


460

Inventories

68,492


62,567

Other current assets

3,304


2,335

Total current assets

95,111


87,830

Customer financing, net

2,139


2,418

Property, plant and equipment, net of accumulated depreciation of $18,855 and $18,568

12,601


12,645

Goodwill

8,051


7,840

Acquired intangible assets, net

3,761


3,429

Deferred income taxes

357


284

Investments

1,142


1,087

Other assets, net of accumulated amortization of $523 and $503

3,099


1,826

Total assets

$126,261


$117,359

Liabilities and equity




Accounts payable

$15,267


$12,916

Accrued liabilities

20,042


14,808

Advances and progress billings

52,523


50,676

Short-term debt and current portion of long-term debt

4,357


3,190

Total current liabilities

92,189


81,590

Deferred income taxes



1,736

Accrued retiree health care

4,486


4,584

Accrued pension plan liability, net

14,831


15,323

Other long-term liabilities

4,839


3,059

Long-term debt

14,859


10,657

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

6,638


6,768

Treasury stock, at cost - 449,558,553 and 444,619,970 shares

(54,932)


(52,348)

Retained earnings

52,819


55,941

Accumulated other comprehensive loss

(14,908)


(15,083)

Total shareholders' equity

(5,322)


339

Noncontrolling interests

379


71

Total equity

(4,943)


410

Total liabilities and equity

$126,261


$117,359


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