Company: BA
Filing Date: 2025-02-03
Form Type: 10-K
Source: 0000012927-25-000015
Chunk: 149

Company: BOEING CO
Filing Date: 2025-02-03
Form: 10-K
Item: Item 8
Chunk 149
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 of insurance recoveries(443)27 16 Total revenues from contracts with customers22,726 33,770 25,909 Intersegment revenues, eliminated on consolidation135 131 117 Total segment revenues$22,861 $33,901 $26,026 Revenue recognized on fixed-price contracts100 %100 %100 %Revenue recognized at a point in time99 %99 %99 %BDS revenues on contracts with customers, based on the customer's location, consisted of the following:Years ended December 31, 202420232022Revenue from contracts with customers:U.S. customers$18,589 $20,051 $17,144 Non-U.S. customers(1)5,329 4,882 6,018 Total segment revenue from contracts with customers$23,918 $24,933 $23,162 Revenue recognized over time99 %99 %99 %Revenue recognized on fixed-price contracts54 %58 %60 %Revenue from the U.S. government(1)91 %91 %89 %(1)Includes revenues earned from foreign military sales through the U.S. government.

116

BGS revenues consisted of the following:Years ended December 31, 202420232022Revenue from contracts with customers:Commercial$11,736 $11,020 $9,560 Government7,832 7,751 7,681 Total revenues from contracts with customers19,568 18,771 17,241 Intersegment revenues eliminated on consolidation386 356 370 Total segment revenues$19,954 $19,127 $17,611 Revenue recognized at a point in time53 %51 %50 %Revenue recognized on fixed-price contracts86 %87 %88 %Revenue from the U.S. government(1)29 %30 %33 %(1)Includes revenues earned from foreign military sales through the U.S. government.Earnings in Equity Method InvestmentsDuring the years ended December 31, 2024, 2023, and 2022, our share of income from equity method investments was $104, $70, and $56, respectively. In 2024 and 2023, earnings in equity method investments were primarily driven by investments held at our BDS segment. In 2022, earnings in equity method investments were primarily driven by investments held in Unallocated