Company: BA
Filing Date: 2025-04-23
Form Type: 10-Q
Source: 0000012927-25-000031
Chunk: 55

Company: BOEING CO
Filing Date: 2025-04-23
Form: 10-Q
Item: Item 1
Chunk 55
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 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.

28

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 77 Centrally Managed Assets (1)242 219 Total$466 $442 (1)Amounts shown in the table represent depreciation and amortization expense recorded by the individual business segments. Depreciation and amortization for centrally managed assets are allocated to business segments based on usage and occupancy. During the three months ended March 31, 2025, $169 was allocated to the primary business segments, of which $82, $68, and $19 was allocated to BCA, BDS and BGS, respectively. During the three months ended March 31, 2024, $163 was allocated to the primary business segments, of which $80, $65, and $18 was allocated to BCA, BDS and BGS, respectively.

Note 19 – Subsequent Events

On April 22, 2025, we announced that we entered into an agreement with Thoma Bravo to sell portions of our BGS segment’s Digital Aviation Solutions business for $10.55 billion. The sale