Company: BA
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000012927-25-000062
Chunk: 33

Company: BOEING CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 33
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 Condensed Consolidated Financial StatementsSummary of Business Segment Data(Unaudited)(Dollars in millions)Six months ended June 30Three months ended June 302025202420252024Revenues:Commercial Airplanes$19,021 $10,656 $10,874 $6,003 Defense, Space & Security12,915 12,971 6,617 6,021 Global Services10,344 9,934 5,281 4,889 Unallocated items, eliminations and other(35)(126)(23)(47)Total revenues$42,245 $33,435 $22,749 $16,866 Earnings/(loss) from operations:Commercial Airplanes($1,094)($1,858)($557)($715)Defense, Space & Security265 (762)110 (913)Global Services1,992 1,786 1,049 870 Segment operating earnings/(loss)1,163 (834)602 (758)Unallocated items, eliminations and other(1,397)(946)(1,035)(634)FAS/CAS service cost adjustment519 604 257 302 Earnings/(loss) from operations285 (1,176)(176)(1,090)Other income, net648 525 325 248 Interest and debt expense(1,418)(1,242)(710)(673)Loss before income taxes(485)(1,893)(561)(1,515)Income tax (expense)/benefit(158)99 (51)76 Net loss(643)(1,794)(612)(1,439)Less: net earnings/(loss) attributable to noncontrolling interest5 (12)(1)Net loss attributable to Boeing shareholders(648)(1,782)(611)($1,439)Less: Mandatory convertible preferred stock dividends accumulated during the period172  86  Net loss attributable to Boeing common shareholders($820)($1,782)($697)($1,439)This information is an integral part of the Notes to the Condensed Consolidated Financial Statements. See Note 19 for further segment results.

7

The Boeing Company and Subsidiaries

Notes to the Condensed Consolidated Financial Statements

(Dollars in millions, except per share amounts or as otherwise stated)

(Unaudited)

Note 1 – Basis of Presentation

The condensed consolidated interim financial