Company: BA
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000012927-25-000062
Chunk: 41

Company: BOEING CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 41
---
31, 2024, commercial aircraft programs inventory included the following amounts related to the 777X program: $4,883 and $3,476 of work in process (including deferred production costs of $1,072 and $0) and $4,318 and $4,122 of unamortized tooling and other non-recurring costs.At June 30, 2025 and December 31, 2024, commercial aircraft programs inventory included the following amounts related to the 787 program: deferred production costs of $13,320 and $13,178, supplier advances of $1,277 and $1,379, and unamortized tooling and other non-recurring costs of $1,310 and $1,370. At June 30, 2025, $12,248 of 787 deferred production costs, unamortized tooling and other non-recurring costs are expected to be recovered from units included in the program accounting quantity that have firm orders, and $2,382 are expected to be recovered from units included in the program accounting quantity that represent expected future orders. We expensed abnormal production costs of $30 and $157 during the six months ended June 30, 2025 and 2024.Commercial aircraft programs inventory included amounts credited in cash or other consideration (early issue sales consideration) to airline customers totaling $6,245 and $5,837 at June 30, 2025 and December 31, 2024.

Note 8 – Contracts with Customers

Unbilled receivables increased from $8,363 at December 31, 2024, to $9,261 at June 30, 2025, primarily driven by revenue recognized in excess of billings at BDS and BGS.Advances and progress billings decreased from $60,333 at December 31, 2024, to $59,407 at June 30, 2025, primarily driven by revenue recognized at BDS, partially offset by advances on orders received at Commercial Airplanes (BCA) and BGS.Revenues recognized during the six months ended June 30, 2025 and 2024, from amounts recorded as Advances and progress billings at the beginning of each year were $11,177 and $7,877. Revenues recognized during the three months ended June 30, 2025 and 2024, from amounts recorded as Advances and progress billings at the beginning of each year were $5,689