Company: BA
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000012927-25-000062
Chunk: 105

Company: BOEING CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 3
Chunk 105
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($634)Eliminations and other unallocated items expense for the six and three months ended June 30, 2025 and 2024, includes earnings charges of $445 and $244 related to agreements with the U.S. Department of Justice. For additional discussion, see Note 18.Pension and Other Postretirement Benefit ExpensePension costs are allocated to BDS and BGS businesses supporting government customers using CAS, which employ different actuarial assumptions and accounting conventions than GAAP. These costs are allocable to government contracts. Other postretirement benefit costs are allocated to business segments based on CAS, which is generally based on benefits paid. FAS/CAS service cost adjustment represents the difference between the Financial Accounting Standards (FAS) pension and postretirement service costs calculated under GAAP and costs allocated to the business segments. Non-operating pension and postretirement expenses represent the components of net periodic benefit costs other than service cost. These expenses are included in Other income, net. Components of FAS/CAS service cost adjustment are shown in the following table:Six months ended June 30Three months ended June 302025202420252024Pension FAS/CAS service cost adjustment$390 $460 $197 $230 Postretirement FAS/CAS service cost adjustment129 144 60 72 FAS/CAS service cost adjustment$519 $604 $257 $302 AssetsSegment assets are summarized in the table below:June 302025December 312024Commercial Airplanes$84,326 $84,177 Defense, Space & Security16,310 15,350 Global Services17,164 16,704 Unallocated items, eliminations and other37,320 40,132 Total$155,120 $156,363 Assets included in Unallocated items, eliminations and other primarily consist of Cash and cash equivalents, Short-term and other investments, tax assets, capitalized interest and assets managed centrally on behalf of the three principal business segments and intercompany eliminations.

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Capital ExpendituresSix months ended June 30Three months ended June 302025202420252024Commercial Airplanes$243 $226 $137 $124 Defense, Space & Security113 135 59 67 Global Services69 71 43 36 Unallocated items, eliminations and other676 539 188 177 Total$1,101 $971 $427 $404