Company: BA
Filing Date: 2025-04-23
Form Type: 10-Q
Source: 0000012927-25-000031
Chunk: 90

Company: BOEING CO
Filing Date: 2025-04-23
Form: 10-Q
Item: Item 3
Chunk 90
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950 $5,045 Less:Research and development expense, net518 235 26 Other segment items(1)5,278 6,564 4,103 Segment operating earnings/(loss)($1,143)$151 $916 For the three months ended March 31, 2025Revenues$8,147 $6,298 $5,063 Less:Research and development expense, net534 199 29 Other segment items(1)8,150 5,944 4,091 Segment operating earnings/(loss)($537)$155 $943 (1)    Primarily includes costs of products and services and general and administrative expenses.The following tables present BCA, BDS and BGS revenues from contracts with customers disaggregated in a number of ways, such as geographic location, contract type and the method of revenue recognition. We believe these best depict how the nature, amount, timing and uncertainty of our revenues and cash flows are affected by economic factors

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Table of Contents

BCA revenues by customer location consisted of the following:(Dollars in millions)Three months ended March 3120252024Revenue from contracts with customers:Europe$508 $770 Asia2,957 2,113 Middle East483 768 Other non-U.S.389 410 Total non-U.S. revenues4,337 4,061 United States3,783 985 Estimated potential concessions and other considerations to 737 MAX customers, net of insurance recoveries (443)Total revenues from contracts with customers8,120 4,603 Intersegment revenues eliminated on consolidation27 50 Total segment revenues$8,147 $4,653 Revenue recognized on fixed-price contracts100 %100 %Revenue recognized at a point in time100 %99 %BDS revenues on contracts with customers, based on the customer's location, consisted of the following:(Dollars in millions)Three months ended March 3120252024Revenue from contracts with customers:U.S. customers$4,933 $5,444 Non-U.S. customers(1)1,365 1,506 Total segment revenue from contracts with customers$6,298 $6,950 Revenue recognized over time100 %99 %Revenue recognized on fixed-price contracts58 %58 %Revenue from the U.S. government(1)92 %91 %(1