Boeing Reports Record 2018 Results and Provides 2019 Guidance

 

The Boeing Company and Subsidiaries

Consolidated Statements of Financial Position

(Unaudited) 


(Dollars in millions, except per share data)

December 31

2018


December 31

2017

Assets




Cash and cash equivalents

$7,637


$8,813

Short-term and other investments

927


1,179

Accounts receivable, net

3,879


2,894

Unbilled receivables, net

10,025


8,194

Current portion of customer financing, net

460


309

Inventories

62,567


61,388

Other current assets

2,335


2,417

Total current assets

87,830


85,194

Customer financing, net

2,418


2,756

Property, plant and equipment, net

12,645


12,672

Goodwill

7,840


5,559

Acquired intangible assets, net

3,429


2,573

Deferred income taxes

284


321

Investments

1,087


1,260

Other assets, net of accumulated amortization of $503 and $482

1,826


2,027

Total assets

$117,359


$112,362

Liabilities and equity




Accounts payable

$12,916


$12,202

Accrued liabilities

14,808


13,069

Advances and progress billings

50,676


48,042

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

3,190


1,335

Total current liabilities

81,590


74,648

Deferred income taxes

1,736


2,188

Accrued retiree health care

4,584


5,545

Accrued pension plan liability, net

15,323


16,471

Other long-term liabilities

3,059


2,015

Long-term debt

10,657


9,782

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

6,768


6,804

Treasury stock, at cost

(52,348)


(43,454)

Retained earnings

55,941


49,618

Accumulated other comprehensive loss

(15,083)


(16,373)

Total shareholders' equity

339


1,656

Noncontrolling interests

71


57

Total equity

410


1,713

Total liabilities and equity

$117,359


$112,362


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