Company: BA
Filing Date: 2025-04-23
Form Type: 10-Q
Source: 0000012927-25-000031
Chunk: 92

Company: BOEING CO
Filing Date: 2025-04-23
Form: 10-Q
Item: Item 3
Chunk 92
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 (30)Amortization of previously capitalized interest(21)(23)Research and development expense, net(82)(89)Eliminations and other unallocated items(234)(180)Unallocated items, eliminations and other($362)($312)Pension and Other Postretirement Benefit ExpensePension costs are allocated to BDS and BGS businesses supporting government customers using CAS, which employ different actuarial assumptions and accounting conventions than GAAP. These costs are allocable to government contracts. Other postretirement benefit costs are allocated to business segments based on CAS, which is generally based on benefits paid. FAS/CAS service cost adjustment represents the difference between the Financial Accounting Standards (FAS) pension and postretirement service costs calculated under GAAP and costs allocated to the business segments. Non-operating pension and postretirement expenses represent the components of net periodic benefit costs other than service cost. These expenses are included in Other income, net. Components of FAS/CAS service cost adjustment are shown in the following table:Three months ended March 3120252024Pension FAS/CAS service cost adjustment$193 $230 Postretirement FAS/CAS service cost adjustment69 72 FAS/CAS service cost adjustment$262 $302 AssetsSegment assets are summarized in the table below:March 312025December 312024Commercial Airplanes$85,509 $84,177 Defense, Space & Security16,210 15,350 Global Services17,167 16,704 Unallocated items, eliminations and other37,608 40,132 Total$156,494 $156,363 Assets included in Unallocated items, eliminations and other primarily consist of Cash and cash equivalents, Short-term and other investments, tax assets, capitalized interest and assets managed centrally on behalf of the three principal business segments and intercompany eliminations.

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Capital ExpendituresThree months ended March 3120252024Commercial Airplanes$106 $102 Defense, Space & Security54 68 Global Services26 35 Unallocated items, eliminations and other488 362 Total$674 $567 Capital expenditures for Unallocated items, eliminations and other relate primarily to assets managed centrally on behalf of the three principal business segments.Depreciation and AmortizationThree months ended March 3120252024Commercial Airplanes$101 $99 Defense, Space & Security50 47 Global Services73