Balance Sheet: Liabilities and Stockholders’ Equity

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Boeing Co., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Accounts payable	11,964)	10,200)	9,261)	12,928)	15,553)
Accrued compensation and employee benefit costs	6,721)	6,351)	6,037)	7,121)	5,582)
737 MAX customer concessions and other considerations	1,327)	1,864)	2,940)	5,537)	7,389)
Other customer concessions and considerations	1,300)	1,102)	240)	—)	—)
Department of Justice agreement liability	—)	—)	—)	744)	—)
Environmental	844)	752)	605)	565)	570)
Product warranties	2,448)	2,275)	1,900)	1,527)	1,267)
Forward loss recognition	4,699)	4,060)	2,014)	1,913)	1,681)
Accrued interest payable	652)	599)	641)	—)	—)
Dividends payable	—)	—)	—)	—)	1,159)
Current portion of operating lease liabilities	296)	276)	268)	268)	252)
Current portion of retiree healthcare and pension liabilities	473)	494)	536)	—)	—)
Other	3,571)	3,808)	3,274)	4,496)	4,968)
Accrued liabilities	22,331)	21,581)	18,455)	22,171)	22,868)
Advances and progress billings	56,328)	53,081)	52,980)	50,488)	51,551)
Short-term debt and current portion of long-term debt	5,204)	5,190)	1,296)	1,693)	7,340)
Current liabilities	95,827)	90,052)	81,992)	87,280)	97,312)
Deferred income taxes	229)	230)	218)	1,010)	413)
Accrued retiree health care	2,233)	2,503)	3,528)	4,137)	4,540)
Accrued pension plan liability, net	6,516)	6,141)	9,104)	14,408)	16,276)
Other long-term liabilities	2,332)	2,211)	1,750)	1,486)	3,422)
Long-term debt, excluding current portion	47,103)	51,811)	56,806)	61,890)	19,962)
Long-term liabilities	58,413)	62,896)	71,406)	82,931)	44,613)
Total liabilities	154,240)	152,948)	153,398)	170,211)	141,925)
Common stock, par value $5.00	5,061)	5,061)	5,061)	5,061)	5,061)
Additional paid-in capital	10,309)	9,947)	9,052)	7,787)	6,745)
Treasury stock, at cost	(49,549)	(50,814)	(51,861)	(52,641)	(54,914)
Retained earnings	27,251)	29,473)	34,408)	38,610)	50,644)
Accumulated other comprehensive loss	(10,305)	(9,550)	(11,659)	(17,133)	(16,153)
Shareholders’ deficit	(17,233)	(15,883)	(14,999)	(18,316)	(8,617)
Noncontrolling interests	5)	35)	153)	241)	317)
Total deficit	(17,228)	(15,848)	(14,846)	(18,075)	(8,300)
Total liabilities and deficit	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).

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Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	Boeing Co. current liabilities increased from 2021 to 2022 and from 2022 to 2023.
Long-term liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Boeing Co. long-term liabilities decreased from 2021 to 2022 and from 2022 to 2023.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	Boeing Co. total liabilities decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Shareholders’ deficit	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	Boeing Co. shareholders’ deficit decreased from 2021 to 2022 and from 2022 to 2023.

Boeing Co. (NYSE:BA)

Balance Sheet: Liabilities and Stockholders’ Equity