Company: BA
Filing Date: 2025-02-03
Form Type: 10-K
Source: 0000012927-25-000015
Chunk: 302

Company: BOEING CO
Filing Date: 2025-02-03
Form: 10-K
Item: Item 3
Chunk 302
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160 Other6 25 Less valuation allowance(92)(89)Total$2,631 $2,649 (1)Includes foreign military sales through the U.S. government(2)Excludes U.S. government contracts

77

Note 7 – Allowances for Losses on Financial Assets

The change in allowances for expected credit losses for the years ended December 31, 2024 and 2023 consisted of the following:Accounts receivableUnbilled receivablesOther Current AssetsFinancing receivablesOther AssetsTotalBalance at January 1, 2023($116)($23)($85)($55)($88)($367)Changes in estimates(6)4 30 4 (34)(2)Write-offs29 5 34 Recoveries4 4 Balance at December 31, 2023($89)($19)($50)($51)($122)($331)Balance at January 1, 2024($89)($19)($50)($51)($122)($331)Changes in estimates(45)(19)(8)44 (85)(113)Write-offs41 11 8 60 Recoveries1 1 Balance at December 31, 2024($92)($38)($47)($7)($199)($383)

Note 8 – Inventories

Inventories at December 31 consisted of the following:20242023Commercial aircraft programs$75,192 $68,683 Long-term contracts in progress752 686 Capitalized precontract costs(1)1,176 946 Commercial spare parts, used aircraft, general stock materials and other10,430 9,426 Total$87,550 $79,741 (1)    Capitalized precontract costs at December 31, 2024 and 2023, includes amounts related to Commercial Crew, T-7A Red Hawk Production Options, and KC-46A Tanker. See Note 14.Commercial Aircraft ProgramsAt December 31, 2024 and 2023, commercial aircraft programs inventory included the following amounts related to the 737 program: deferred production costs of $9,679 and $6,011 and unamortized tooling and other non-recurring costs of $909 and $792. At December 31, 2024, $10,542 of 737 deferred production costs,