Company: BA
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001628280-25-047023
Chunk: 32

Company: BOEING CO
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 3
Chunk 32
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 earnings measures provide investors additional insights into operational performance as unallocated pension and other postretirement benefit costs primarily represent costs driven by market factors and costs not allocable to U.S. government contracts.

53

Reconciliation of Non-GAAP Measures to GAAP Measures

The table below reconciles the non-GAAP financial measures of Core operating loss, Core operating margins and Core loss per share with the most directly comparable GAAP financial measures of Loss from operations, Operating margins and Diluted loss per share.

(Dollars in millions, except per share data)Nine months ended September 30Three months ended September 302025202420252024Revenues$65,515 $51,275 $23,270 $17,840 Loss from operations, as reported($4,496)($6,937)($4,781)($5,761)Operating margins(6.9)%(13.5)%(20.5)%(32.3)%Pension FAS/CAS service cost adjustment(1)($588)($608)($198)($148)Postretirement FAS/CAS service cost adjustment(1)(199)(224)(70)(80)FAS/CAS service cost adjustment(1)($787)($832)($268)($228)Core operating loss (non-GAAP)($5,283)($7,769)($5,049)($5,989)Core operating margins (non-GAAP)(8.1)%(15.2)%(21.7)%(33.6)%Diluted loss per share, as reported($8.25)($12.91)($7.14)($9.97)Pension FAS/CAS service cost adjustment(1)(0.78)(0.99)(0.26)(0.24)Postretirement FAS/CAS service cost adjustment(1)(0.26)(0.36)(0.09)(0.13)Non-operating pension income(2)(0.17)(0.60)(0.06)(0.20)Non-operating postretirement income(2)(0.02)(0.09)(0.01)(0.03)Provision for deferred income taxes on adjustments(3)0.26 0.43 0.09 0.13 Core loss per share (non-GAAP)($9.22)($14.52)($7.47)($10.44)