Company: BA
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001628280-25-047023
Chunk: 77

Company: BOEING CO
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 77
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 or other consideration (early issue sales consideration) to airline customers totaling $6,070 and $5,837 at September 30, 2025 and December 31, 2024.

Note 8 – Contracts with Customers

Unbilled receivables increased from $8,363 at December 31, 2024, to $9,032 at September 30, 2025, primarily driven by revenue recognized in excess of billings at BDS and BGS.Advances and progress billings decreased from $60,333 at December 31, 2024, to $57,962 at September 30, 2025, primarily driven by revenue recognized at BDS and Commercial Airplanes (BCA), partially offset by advances on orders received at BGS.Revenues recognized during the nine months ended September 30, 2025 and 2024, from amounts recorded as Advances and progress billings at the beginning of each year were $16,431 and $11,804. Revenues recognized during the three months ended September 30, 2025 and 2024, from amounts recorded as Advances and progress billings at the beginning of each year were $5,254 and $3,927.

Note 9 – Financing Receivables and Operating Lease Equipment

Financing receivables and operating lease equipment, net consisted of the following:September 302025December 312024Financing receivables:Investment in sales-type leases $203 Notes 85 Total financing receivables 288 Less allowance for losses on receivables 7 Financing receivables, net 281 Operating lease equipment, at cost, less accumulated depreciation of $57 and $46$245 240 Total$245 $521 

13

During the nine months ended September 30, 2025, our financing receivables were fully collected. Our financing arrangements at September 30, 2025, consist solely of operating leases that range in terms from one to four years and may include options to terminate. Certain operating leases include provisions to allow the lessee to purchase the underlying aircraft at a specified price.At December 31, 2024, the components of investment in sales-type leases consisted of gross lease payments receivable of $229 and unearned income of $26. There were no unguaranteed residual assets at September 30, 2025, and December 31, 2024.The majority of our financing receivables and operating