Company: BA
Filing Date: 2025-02-03
Form Type: 10-K
Source: 0000012927-25-000015
Chunk: 309

Company: BOEING CO
Filing Date: 2025-02-03
Form: 10-K
Item: Item 3
Chunk 309
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 of lease liabilities324 296 Other3,627 3,571 Total$24,103 $22,331 

737 MAX Customer Concessions and Other ConsiderationsDuring 2024, we recorded an earnings charge of $443, net of insurance recoveries, in connection with estimated considerations to customers for disruption related to the Alaska Airlines 737-9 accident and 737-9 grounding. This charge is reflected in the financial statements as a reduction to Sales of products.The following table summarizes changes in the 737 MAX customer concessions and other considerations liability during 2024 and 2023.20242023Beginning balance – January 1$1,327 $1,864 Reductions for payments made(929)(449)Reductions for concessions and other in-kind considerations(267)(61)Changes in estimates510 (27)Ending balance – December 31$641 $1,327 At December 31, 2024, $92 of the liability balance remains subject to negotiations with customers. The contracted amount includes $124 expected to be paid in cash primarily in 2025, while the remaining amounts are primarily expected to be liquidated by lower customer delivery payments.

EnvironmentalThe following table summarizes changes in environmental remediation liabilities during the years ended December 31, 2024 and 2023.20242023Beginning balance – January 1$844 $752 Reductions for payments made, net of recoveries(120)(79)Changes in estimates110 171 Ending balance – December 31$834 $844 

85

The liabilities recorded represent our best estimate or the low end of a range of reasonably possible costs expected to be incurred to remediate sites, including operation and maintenance over periods of up to 30 years. It is reasonably possible that we may incur costs that exceed these recorded amounts because of regulatory agency orders and directives, changes in laws and/or regulations, higher than expected costs and/or the discovery of new or additional contamination. As part of our estimating process, we develop a range of reasonably possible alternate scenarios that includes the high end of a range of reasonably possible cost estimates for all remediation sites for which we have sufficient information based on our experience and existing laws and regulations. There are some potential remediation obligations where the costs of remediation cannot be reasonably estimated. At December 31, 2024 and 2023, the high end of the estimated range of reasonably possible remediation costs exceeded our recorded liabilities by $1,002 and