Company: BA
Filing Date: 2025-06-10
Form Type: 11-K
Source: 0000012927-25-000044
Chunk: 14

Company: BOEING CO
Filing Date: 2025-06-10
Form: 11-K
Chunk 14
---
### FAIR VALUE OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES
ASC 820, Fair Value Measurement , establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under ASC 820 for financial assets and financial liabilities are described below:

Level 1 — Values are based on unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. An active market is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.

Level 2 — Values are based on (a) quoted prices for similar assets or liabilities in active markets; (b) quoted prices for identical or similar assets or liabilities in nonactive markets; or (c) valuation models whose inputs are observable, directly or indirectly, for substantially the full term of the asset or liability.

Level 3 — Values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement.

<div align='center'>11</div>

The following tables set forth by level within the fair value hierarchy a summary of Master Trust investments by general types of assets and liabilities measured at fair value on a recurring basis as of December 31, 2024 and 2023. As required by ASC 820, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

|                                                |     |   |        | Quoted Prices    
 in Active Market 
 for Identical    
 Asset            
 (Level 1)        |     |   |       | Significant 
 Other       
 Observable  
 Inputs      
 (Level 2)   |     |   |    | Significant  
 Unobservable 
 Inputs       
 (Level 3)    |     |   |        | Not Leveled* |     | Balance as of December 31, 2024 |        |
|:-----------------------------------------------|:----|:--|-------:|:-----------------|:----|:--|------:|:------------|:----|:--|---:|:-------------|:----|:--|-------:|:-------------|:----|:--------------------------------|-------:|
| Investments:                                   |