The Boeing Company and Subsidiaries

Summary of Business Segment Data

(Unaudited)

Twelve months ended

Three months ended

December 31

December 31

(Dollars in millions)

2009

2008

2009

2008

Revenues:

  Commercial Airplanes

$ 34,051 

$ 28,263 

$ 9,183 

$ 4,589 

  Boeing Defense, Space & Security:

     Boeing Military Aircraft

14,057 

13,311 

3,733 

3,142 

     Network & Space Systems

10,877 

11,346 

2,385 

2,861 

     Global Services & Support

8,727 

7,390 

2,429 

2,038 

  Total Boeing Defense, Space & Security

33,661 

32,047 

8,547 

8,041 

  Boeing Capital Corporation

660 

703 

164 

168 

  Other segment

165 

567 

40 

40 

  Unallocated items and eliminations

(256)

(671)

3 

(174)

  Total revenues

$ 68,281 

$ 60,909 

$ 17,937 

$ 12,664 

Earnings/(loss) from operations:

  Commercial Airplanes

$  (583)

$  1,186 

$  1,020 

$  (968)

  Boeing Defense, Space & Security:

     Boeing Military Aircraft

1,513 

1,277 

353 

348 

     Network & Space Systems

839 

1,034 

141 

228 

     Global Services & Support

947 

921 

335 

305 

  Total Boeing Defense, Space & Security

3,299 

3,232 

829 

881 

  Boeing Capital Corporation

126 

162 

14 

19 

  Other segment

(152)

(307)

(47)

(74)

  Unallocated items and eliminations

(594)

(323)

(123)

(101)

Earnings/(loss) from operations

2,096 

3,950 

1,693 

(243)

  Other income/(loss), net

(26)

247 

(33)

(10)

  Interest and debt expense

(339)

(202)

(110)

(57)

  Earnings/(loss) before income taxes

1,731 

3,995 

1,550 

(310)

  Income tax (expense)/benefit

(396)

(1,341)

(267)

224 

  Net earnings/(loss) from continuing operations

1,335 

2,654 

1,283 

(86)

  Net (loss)/gain on disposal of discontinued operations,

net of taxes of $13, ($10), $8

(23)

18 

(15)

  Net earnings/(loss)

$  1,312 

$  2,672 

$  1,268 

$  (86)

Research and development expense, net:

  Commercial Airplanes

$  5,383 

$  2,838 

$  741 

$  730 

  Boeing Defense, Space & Security:

     Boeing Military Aircraft

541 

479 

111 

118 

     Network & Space Systems

397 

298 

104 

71 

     Global Services & Support

163 

156 

37 

43 

  Total Boeing Defense, Space & Security

1,101 

933 

252 

232 

  Other segment

22 

(3)

9 

(5)

  Total research and development expense, net

$  6,506 

$  3,768 

$  1,002 

$  957 

Unallocated items and eliminations:

  Share-based plans expense

$  (189)

$  (149)

$  (49)

$  (34)

  Deferred compensation expense

(158)

223 

(24)

87 

  Pension

110 

(208)

41 

(14)

  Post-retirement

(93)

(79)

(32)

(19)

  Capitalized interest

(53)

(44)

(11)

(6)

  Other

(211)

(66)

(48)

(115)

  Total

$  (594)

$  (323)

$  (123)

$  (101)