BOEING CO
For the period ended Dec 31, 2025. Filed Jan 30, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Jan 30, 2026
BA$173.38+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
| (Dollars in millions) | ||||
|---|---|---|---|---|
| Years ended December 31, · 2025 · 2024 · 2023 | ||||
| Cash flows – operating activities: | ||||
| Net earnings/(loss) | $2,238 | ($11,829) | ($2,242) | |
| Adjustments to reconcile net earnings/(loss) to net cash provided/(used) by operating activities: | ||||
| Non-cash items – | ||||
| Share-based plans expense | 426 | 407 | 690 | |
| Treasury shares issued for 401(k) contribution | 1,530 | 1,601 | 1,515 | |
| Depreciation and amortization | 1,953 | 1,836 | 1,861 | |
| Investment/asset impairment charges, net | 45 | 112 | 46 | |
| Gain on dispositions, net | (9,672) | (46) | (2) | |
| 777X and 767 reach-forward losses | 5,283 | 4,079 | ||
| Other charges and credits, net | 264 | 528 | 3 | |
| Changes in assets and liabilities – | ||||
| Accounts receivable | (95) | (37) | (128) | |
| Unbilled receivables | (677) | (60) | 321 | |
| Advances and progress billings | (723) | 4,069 | 3,365 | |
| Inventories | (1,501) | (12,353) | (1,681) | |
| Other current assets | 155 | (16) | 389 | |
| Accounts payable | 724 | (793) | 1,672 | |
| Accrued liabilities | 1,341 | 1,563 | 779 | |
| Income taxes receivable, payable and deferred | 115 | (567) | 44 | |
| Other long-term liabilities | (346) | (329) | (313) | |
| Pension and other postretirement plans | (593) | (959) | (1,049) | |
| Financing receivables and operating lease equipment, net | 274 | 512 | 571 | |
| Other | 324 | 202 | 119 | |
| Net cash provided/(used) by operating activities | 1,065 | (12,080) | 5,960 | |
| Cash flows – investing activities: | ||||
| Payments to acquire property, plant and equipment | (2,942) | (2,230) | (1,527) | |
| Proceeds from disposals of property, plant and equipment | 82 | 49 | 27 | |
| Acquisitions, net of cash acquired | (1,248) | (50) | (70) | |
| Proceeds from dispositions | 10,585 | 124 | ||
| Contributions to investments | (51,938) | (13,856) | (16,448) | |
| Proceeds from investments | 46,628 | 4,743 | 15,739 | |
| Supplier notes receivable | (662) | (694) | (162) | |
| Repayments on supplier notes receivable | 2 | 40 | ||
| Purchase of distribution rights | (9) | (88) | ||
| Other | 1 | (11) | 4 | |
| Net cash provided/(used) by investing activities | 499 | (11,973) | (2,437) | |
| Cash flows – financing activities: | ||||
| New borrowings | 165 | 10,161 | 75 | |
| Debt repayments | (3,621) | (8,673) | (5,216) | |
| Common stock issuance, net of issuance costs | 18,200 | |||
| Mandatory convertible preferred stock issuance, net of issuance costs | 5,657 | |||
| Stock options exercised | 45 | |||
| Employee taxes on certain share-based payment arrangements | (34) | (83) | (408) | |
| Dividends paid on Mandatory convertible preferred stock | (331) | |||
| Other | 58 | (53) | 17 | |
| Net cash (used)/provided by financing activities | (3,763) | 25,209 | (5,487) | |
| Effect of exchange rate changes on cash and cash equivalents | 40 | (47) | 30 | |
| Net (decrease)/increase in cash & cash equivalents, including restricted | (2,159) | 1,109 | (1,934) | |
| Cash & cash equivalents, including restricted, at beginning of year | 13,822 | 12,713 | 14,647 | |
| Cash & cash equivalents, including restricted, at end of year | 11,663 | 13,822 | 12,713 | |
| Less restricted cash & cash equivalents, included in Investments | 742 | 21 | 22 | |
| Cash and cash equivalents at end of year | $10,921 | $13,801 | $12,691 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.