Stock Analysis on Net

Boeing Co. (NYSE:BA)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Boeing Co., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 12,691 14,614 8,052 7,752 9,485
Short-term and other investments 3,274 2,606 8,192 17,838 545
Accounts receivable, net 2,649 2,517 2,641 1,955 3,266
Unbilled receivables, net 8,317 8,634 8,620 7,995 9,043
Current portion of financing receivables, net 99 154 117 101 162
Inventories 79,741 78,151 78,823 81,715 76,622
Other current assets, net 2,504 2,847 2,221 4,286 3,106
Current assets 109,275 109,523 108,666 121,642 102,229
Financing receivables and operating lease equipment, net 860 1,450 1,695 1,936 2,136
Property, plant and equipment, net 10,661 10,550 10,918 11,820 12,502
Goodwill 8,093 8,057 8,068 8,081 8,060
Acquired intangible assets, net 2,094 2,311 2,562 2,843 3,338
Deferred income taxes 59 63 77 86 683
Investments 1,035 983 975 1,016 1,092
Other assets, net of accumulated amortization 4,935 4,163 5,591 4,712 3,585
Long-term assets 27,737 27,577 29,886 30,494 31,396
Total assets 137,012 137,100 138,552 152,136 133,625

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Boeing Co. current assets increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Boeing Co. property, plant and equipment, net decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Boeing Co. long-term assets decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Boeing Co. total assets decreased from 2021 to 2022 and from 2022 to 2023.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Boeing Co. cash and cash equivalents increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Short-term and other investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Boeing Co. short-term and other investments decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Boeing Co. accounts receivable, net decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Boeing Co. inventories decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.