The Boeing Company and Subsidiaries

Consolidated Statements of Financial Position

(Unaudited)

December 31

December 31

(Dollars in millions except per share data)

2009

2008

Assets

Cash and cash equivalents

9,215 

$  3,268 

Short-term investments

2,008 

11 

Accounts receivable, net

5,785 

5,602 

Current portion of customer financing, net

368 

425 

Deferred income taxes

966 

1,046 

Inventories, net of advances and progress billings

16,933 

15,612 

Total current assets

35,275 

25,964 

Customer financing, net

5,466 

5,857 

Property, plant and equipment, net of accumulated depreciation of
    $12,795 and $12,280

8,784 

8,762 

Goodwill

4,319 

3,647 

Other acquired intangibles, net

2,877 

2,685 

Deferred income taxes

3,062 

4,114 

Investments

1,030 

1,328 

Pension plan assets, net

16 

16 

Other assets, net of accumulated amortization of $492 and $400

1,224 

1,406 

Total assets

$ 62,053 

$ 53,779 

Liabilities and shareholders' equity

Accounts payable

7,096 

$ 5,871 

Other accrued liabilities

12,822 

11,564 

Advances and billings in excess of related costs

12,076 

12,737 

Income taxes payable

182 

41 

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

707 

560 

Total current liabilities

32,883 

30,773 

Deferred income taxes

Accrued retiree health care

7,049 

7,322 

Accrued pension plan liability, net

6,315 

8,383 

Non-current income taxes payable

827 

1,154 

Other long-term liabilities

537 

337 

Long-term debt

12,217 

6,952 

Shareholders' equity:

Common shares, par value $5.00 – 1,200,000,000 shares authorized;
   1,012,261,159 and 1,012,261,159 shares issued

5,061 

5,061 

Additional paid-in capital

3,724 

3,456 

Treasury shares, at cost – 256,406,709 and 285,661,944

(15,911)

(17,758)

Retained earnings

22,746 

22,675 

Accumulated other comprehensive loss

(11,877)

(13,525)

ShareValue Trust shares –  29,563,324 and 28,460,769

(1,615)

(1,203)

Total Boeing shareholders’ equity

2,128 

(1,294)

      Noncontrolling interest

97 

152 

      Total shareholders' equity

2,225 

(1,142)

      Total liabilities and shareholders' equity

$ 62,053 

$ 53,779