Company: BA
Filing Date: 2025-02-03
Form Type: 10-K
Source: 0000012927-25-000015
Chunk: 296

Company: BOEING CO
Filing Date: 2025-02-03
Form: 10-K
Item: Item 3
Chunk 296
---
angibles

Changes in the carrying amount of goodwill for the years ended December 31, 2024 and 2023 were as follows:CommercialAirplanesDefense, Space & SecurityGlobal ServicesOtherTotalBalance at December 31, 2022$1,316 $3,224 $3,432 $85 $8,057 Acquisitions3 11 16 30 Goodwill adjustments6 6 Balance at December 31, 2023$1,319 $3,235 $3,454 $85 $8,093 Acquisitions9 9 18 Dispositions(17)(17)Goodwill adjustments(10)(10)Balance at December 31, 2024$1,328 $3,218 $3,444 $94 $8,084 As of December 31, 2024 and 2023, we had indefinite-lived intangible assets with carrying amounts of $197 relating to trade names. As of December 31, 2024 and 2023, we had an indefinite-lived intangible asset with a carrying amount of $202 related to in process research and development for a next-generation air vehicle.The gross carrying amounts and accumulated amortization of our acquired finite-lived intangible assets were as follows at December 31:20242023GrossCarryingAmountAccumulatedAmortizationGrossCarryingAmountAccumulatedAmortizationDistribution rights$2,501 $1,554 $2,545 $1,566 Product know-how546 475 552 465 Customer base1,315 851 1,358 837 Developed technology573 528 638 569 Other278 247 280 241 Total$5,213 $3,655 $5,373 $3,678 Amortization expense for acquired finite-lived intangible assets for the years ended December 31, 2024 and 2023 was $223 and $235. Estimated amortization expense for the five succeeding years is as follows:20252026202720282029Estimated amortization expense$207 $202 $182 $155 $155 

72

Note 4 – Earnings Per Share

Basic and diluted earnings per share are computed using the two-class method, which is an earnings allocation method that determines earnings per share for common shares and participating securities. The undistributed earnings are allocated between common