Company: BA
Filing Date: 2025-02-03
Form Type: 10-K
Source: 0000012927-25-000015
Chunk: 113

Company: BOEING CO
Filing Date: 2025-02-03
Form: 10-K
Item: Item 8
Chunk 113
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31:SegmentOwnership PercentagesInvestment Balance2024 2023United Launch AllianceBDS50%$557 $582 OtherBCA, BDS, BGS and Other 391 384 Total equity method investments$948 $966 

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Note 13 – Leases 

Our operating lease assets primarily represent manufacturing and research and development facilities, warehouses and offices. Total operating lease expense was $530, $457 and $421 for the years ended December 31, 2024, 2023 and 2022, of which $75, $76 and $75 was attributable to variable lease expenses, respectively.For the years ended December 31, 2024, 2023 and 2022, cash payments against operating lease liabilities totaled $408, $323 and $294, and non-cash transactions totaled $490, $488 and $245 to recognize operating assets and liabilities for new leases and modifications.Supplemental information related to leases included in the Consolidated Statements of Financial Position at December 31 is as follows:20242023Operating leases:Operating lease right-of-use assets$1,984$1,690Operating lease liabilities:Current portion of lease liabilities324296Non-current portion of lease liabilities1,7701,518Total operating lease liabilities$2,094$1,814Weighted average remaining lease term (years)1211Weighted average discount rate3.43%3.21%Operating lease assets are included in Other assets, net, with the related liabilities included in Accrued liabilities and Other long-term liabilities.Scheduled payments for operating lease liabilities are as follows:Operating leases2025$421 2026373 2027318 2028263 2029194 Thereafter1,285 Total lease payments2,855 Less imputed interest(761)Total$2,094 As of December 31, 2024, we have entered into leases that have not yet commenced of $15 for offices. These leases will commence in 2025 with lease terms of 3 years to 10 years.

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Note 14 – Liabilities, Commitments and Contingencies

Accrued LiabilitiesAccrued liabilities at December 31 consisted of the following:20242023Forward loss recognition$7,634 $4,699 Accrued compensation and employee benefit costs6,110 6,721 Product warranties2,133 2,448 Environmental834 844 Accrued interest payable