Company: BA
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001628280-25-047023
Chunk: 91

Company: BOEING CO
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 91
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 credit ratings. At September 30, 2025, there was no collateral posted related to our derivatives.

Note 18 – Fair Value Measurements

The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level 1 refers to fair values determined based on quoted prices in active markets for identical assets. Level 2 refers to fair values estimated using significant other observable inputs, and Level 3 includes fair values estimated using significant unobservable inputs. The following table presents our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy.September 30, 2025December 31, 2024TotalLevel 1Level 2TotalLevel 1Level 2AssetsMoney market funds$2,260 $2,260 $6,475 $6,475 Available-for-sale debt investments:Commercial paper165 $165 165 $165 Corporate notes337 337 335 335 U.S. government agencies27 2717 17 Other equity investments10 10 9 9 Derivatives157 157 65 65 Total assets$2,956 $2,270 $686 $7,066 $6,484 $582 LiabilitiesDerivatives($40)($40)($218)($218)Total liabilities($40) ($40)($218)($218)Money market funds, available-for-sale debt investments and equity securities are valued using a market approach based on the quoted market prices or broker/dealer quotes of identical or comparable instruments.Derivatives include foreign currency and commodity contracts. Our foreign currency forward contracts are valued using an income approach based on the present value of the forward rate less the contract rate multiplied by the notional amount. Commodity derivatives are valued using an income approach based on the present value of the commodity index prices less the contract rate multiplied by the notional amount.

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Certain assets have been measured at fair value on a nonrecurring basis. The following table presents the nonrecurring losses recognized for the nine months ended September 30 due to long-lived asset impairment and the fair value of the related assets as of the impairment date:20252024Fair ValueTotalLossesFair ValueTotalLossesInvestments ($29) ($30)Other assets$3 (3) (3)Property, plant and equipment  (10)Operating lease equipment $15