Company: BA
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001628280-25-047023
Chunk: 5

Company: BOEING CO
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 3
Chunk 5
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1,364)($748)($418)Eliminations and other unallocated items expense for the nine months ended September 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 19.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:Nine months ended September 30Three months ended September 302025202420252024Pension FAS/CAS service cost adjustment$588 $608 $198 $148 Postretirement FAS/CAS service cost adjustment199 224 70 80 FAS/CAS service cost adjustment$787 $832 $268 $228 AssetsSegment assets are summarized in the table below:September 302025December 312024Commercial Airplanes$78,678 $84,177 Defense, Space & Security16,371 15,350 Global Services17,338 16,704 Unallocated items, eliminations and other37,636 40,132 Total$150,023 $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 ExpendituresNine months ended September 30Three months ended September 302025202420252024Commercial Airplanes$409 $357 $166 $131 Defense, Space & Security206 195 93 60 Global Services122 111 53 40 Unallocated items, eliminations and other1,249 919 573 380 Total$1,986 $