Stock Analysis on Net
Stock Analysis on Net

Boeing Co. (NYSE:BA)

Balance Sheet: Assets
Quarterly Data

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 (quarterly data)

US$ in millions

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Jun 30, 2026 Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Cash and cash equivalents 7,239 9,441 10,921 6,173 7,087 10,142 13,801 9,961 10,894 6,914 12,691 6,811 7,254 10,812 14,614 13,494 10,090 7,409 8,052 9,764 8,271 7,059
Short-term and other investments 12,783 11,464 18,479 16,811 15,880 13,532 12,481 509 1,727 615 3,274 6,561 6,508 3,955 2,606 763 1,358 4,873 8,192 10,231 13,071 14,861
Accounts receivable, net 3,515 3,485 2,921 3,314 3,190 3,204 2,631 2,894 3,155 2,959 2,649 3,032 2,945 2,862 2,517 2,673 2,996 2,407 2,641 2,247 2,490 2,356
Unbilled receivables, net 9,660 9,793 9,158 9,032 9,261 9,031 8,363 9,356 9,660 9,673 8,317 9,184 9,357 9,689 8,634 9,316 9,394 8,991 8,620 10,009 9,203 8,785
Current portion of financing receivables, net 16 202 207 457 60 57 99 88 85 133 154 155 159 157 117 76 74 93
Inventories 88,388 87,225 84,679 82,425 87,853 89,077 87,550 83,341 85,661 83,471 79,741 78,972 78,322 78,503 78,151 79,777 79,917 79,819 78,823 81,897 81,799 82,668
Other current assets, net 3,045 2,733 2,301 2,904 2,563 2,474 2,965 2,918 3,282 2,843 2,504 2,287 2,941 2,857 2,847 3,073 2,086 2,356 2,221 2,664 4,187 4,123
Assets held for sale 1,473 1,451
Current assets 124,630 124,141 128,459 122,132 127,301 127,662 127,998 109,436 114,439 106,532 109,275 106,935 107,412 108,811 109,523 109,251 106,000 106,012 108,666 116,888 119,095 119,945
Financing receivables and operating lease equipment, net 365 389 241 245 318 308 314 321 785 833 860 963 1,105 1,372 1,450 1,513 1,542 1,580 1,695 1,795 1,865 1,895
Property, plant and equipment, net of accumulated depreciation 16,321 15,763 15,361 12,078 11,658 11,459 11,412 11,236 10,976 10,696 10,661 10,484 10,455 10,493 10,550 10,508 10,617 10,755 10,918 11,113 11,341 11,643
Goodwill 17,554 17,633 17,275 7,281 7,280 8,091 8,084 8,112 8,108 8,089 8,093 8,069 8,061 8,063 8,057 8,045 8,055 8,065 8,068 8,070 8,076 8,074
Acquired intangible assets, net 1,531 1,517 1,567 1,495 1,542 1,904 1,957 2,011 2,067 2,034 2,094 2,143 2,194 2,254 2,311 2,371 2,431 2,492 2,562 2,631 2,702 2,773
Deferred income taxes 152 136 107 44 136 137 185 44 68 59 64 66 65 63 77 106 91 77 74 84 79
Investments 1,117 1,048 1,048 1,050 1,036 1,001 999 1,030 1,026 1,042 1,035 1,061 1,025 969 983 979 981 992 975 963 883 980
Other assets, net of accumulated amortization 4,200 4,160 4,177 5,698 5,849 5,932 5,414 5,505 5,319 5,190 4,935 4,562 4,456 4,320 4,163 4,814 5,747 5,814 5,591 5,312 4,889 4,646
Long-term assets 41,240 40,646 39,776 27,891 27,819 28,832 28,365 28,259 28,281 27,952 27,737 27,346 27,362 27,536 27,577 28,307 29,479 29,789 29,886 29,958 29,840 30,090
Total assets 165,870 164,787 168,235 150,023 155,120 156,494 156,363 137,695 142,720 134,484 137,012 134,281 134,774 136,347 137,100 137,558 135,479 135,801 138,552 146,846 148,935 150,035

Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).


The asset composition exhibits significant volatility in liquid reserves and a steady expansion of operational and long-term assets. Total assets remained relatively stable between 134 billion and 142 billion US dollars from 2021 through mid-2024, before experiencing a substantial increase that peaked at 168 billion US dollars in late 2025.

Liquidity and Cash Management
Cash and cash equivalents demonstrate a fluctuating trend, with peaks occurring in late 2022 and late 2024. Short-term and other investments show a more dramatic shift, declining from 14.8 billion US dollars in early 2021 to a low of 509 million US dollars by September 2024, followed by a rapid surge to 18.4 billion US dollars by September 2025. This suggests a strategic reallocation of liquid capital or a significant capital infusion in the latter period.
Operational Working Capital
Inventories represent the largest single component of the asset base, maintaining a baseline around 78 billion to 82 billion US dollars until 2024, after which a growth trend emerged, reaching 88.3 billion US dollars by June 2026. Accounts receivable and unbilled receivables have remained comparatively stable, although net accounts receivable grew modestly from 2.3 billion US dollars in early 2021 to 3.5 billion US dollars by mid-2026.
Long-Term Asset Growth and Structural Changes
Long-term assets remained consistent near 27 billion to 30 billion US dollars for several years but increased sharply to over 41 billion US dollars by June 2026. This growth is primarily driven by a significant increase in goodwill, which jumped from approximately 8 billion US dollars to 17.5 billion US dollars in December 2025, indicating a major acquisition or asset revaluation. Additionally, property, plant, and equipment saw a steady upward trajectory, rising from 11.6 billion US dollars in early 2021 to 16.3 billion US dollars by mid-2026.
Other Asset Trends
Financing receivables and operating lease equipment experienced a long-term decline, dropping from 1.8 billion US dollars in 2021 to a low of 241 million US dollars in late 2025, before a slight recovery in 2026. Deferred income taxes and other net assets showed minimal volatility, remaining relatively insignificant compared to the overall balance sheet scale.

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