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BA Price Correlated With Financials For Boeing Co

Free historical financial statements for Boeing Co.. See how revenue, income, cash flow, and balance sheet financials have changed over 50 quarters since 2010. Compare with BA stock chart to see long term trends.

BA Stock Compared to Quarterly

BA Income Statement

Revenue, Net:16681000000
Revenue Per Share:28.0825
Cost of Goods & Services Sold:14559000000
Gross Profit:2122000000
Selling, General & Admin Expense:668000000
Research & Development Expense:698000000
Operating Income:774000000
Income Taxes:217000000
Net Income:193000000
Earnings Per Share, Basic:0.32
Shares Outstanding, Basic Avg:594000000

BA Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:498000000
Change in Accounts Receiveable:587000000
Net Cash from Operations:81000000
Net Cash from Operations Per Share:0.1364
Net Cash from Financing Activities:-602000000
Property, Plant & Equipment Purchases:263000000
Net Cash from Investing Activities:3266000000
Net Change in Cash & Equivalents:2677000000

BA Balance Sheet

Cash and Cash Equivalents:11400000000
Short-Term Investments:1358000000
Accounts Receivable, Net:2996000000
Total Current Assets:106000000000
Property, Plant & Equipment, Net:10617000000
Total Assets:135479000000
Accounts Payable:9575000000
Total Short-Term Liabilities:84799000000
Total Liabilities:150270000000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Newport Trust Co
44,678,806 sh
1,168,565 sh
3%
$6,108,487
-$2,223,724
Vanguard Group Inc
44,529,543 sh
1,173,631 sh
3%
$6,088,080
-$2,214,577
Blackrock Inc.
32,695,447 sh
1,021,160 sh
3%
$4,470,120
-$1,595,507
State Street Corp
26,255,730 sh
-346,783 sh
-1%
$3,589,683
-$1,504,698
FMR LLC
17,901,503 sh
2,781,349 sh
18%
$2,447,494
-$448,016
Loomis Sayles & Co L P
13,655,099 sh
913,386 sh
7%
$1,866,925
-$573,113
Geode Capital Management, LLC
9,193,200 sh
331,080 sh
4%
$1,254,192
-$438,016
Capital World Investors
8,964,720 sh
4,524,698 sh
102%
$1,225,657
$375,393
Citadel Advisors LLC
Call options for 7,329,400 sh
7,329,400 sh
NEW
$1,002,076
$1,002,076
Susquehanna International Group, Llp
Call options for 7,012,600 sh
7,012,600 sh
NEW
$958,762
$958,762
Morgan Stanley
6,958,973 sh
745,189 sh
12%
$951,431
-$238,510
Susquehanna International Group, Llp
Put options for 6,322,000 sh
6,322,000 sh
NEW
$864,344
$864,344
Bank Of America Corp /De/
6,207,722 sh
6,207,722 sh
NEW
$848,720
$848,720
Citadel Advisors LLC
Put options for 5,482,100 sh
5,482,100 sh
NEW
$749,513
$749,513
Price T Rowe Associates Inc /Md/
4,505,452 sh
40,474 sh
1%
$615,985
-$239,058
Nuveen Asset Management, LLC
4,014,004 sh
-45,460 sh
-1%
$548,795
-$205,859
Bank Of New York Mellon Corp
3,875,128 sh
218,198 sh
6%
$529,807
-$170,494
Legal & General Group Plc
2,992,486 sh
190,695 sh
7%
$409,134
-$127,409
Charles Schwab Investment Management Inc
2,907,541 sh
93,080 sh
3%
$397,520
-$141,450
Bank Of Montreal /Can/
2,883,128 sh
-1,580,472 sh
-35%
$994,131
-$544,963
COMPANY PROFILE
Basis of Presentation The condensed consolidated interim financial statements included in this report have been prepared by management of The Boeing Company (herein referred to as “Boeing”, the “Company”, “we”, “us”, or “our”). In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation are reflected in the interim financial statements. The results of operations for the period ended June 30, 2022 are not necessarily indicative of the operating results for the full year. The interim financial statements should be read in conjunction with the audited Consolidated Financial Statements, including the notes thereto, included in our 2021 Annual Report on Form 10-K.

Liquidity Matters

During the first six months of 2022, net cash used by operating activities was $3.1 billion. Our operating cash flows continue to be impacted by lower commercial airplane deliveries and concessions paid to 737 MAX customers. We expect a negative impact on our operating cash flows until commercial deliveries ramp up. As a result, our cash and short-term investment balance was $11.4 billion at June 30, 2022, down from $16.2 billion at December 31, 2021. Our debt balance of $57.2 billion at June 30, 2022 is down from $58.1 billion at December 31, 2021. Short-term debt and the current portion of long-term debt increased to $5.4 billion at June 30, 2022 from $1.3 billion at December 31, 2021. The current portion of long-term debt includes term notes of $0.3 billion maturing in the fourth quarter of 2022, $1.7 billion maturing in the first quarter of 2023, and $3.4 billion maturing in the second quarter of 2023.

As of June 30, 2022, our unused borrowing capacity on revolving credit agreements is $14.7 billion, unchanged from December 31, 2021. We anticipate that these credit lines will remain undrawn and primarily serve as back-up liquidity to support our general corporate borrowing needs. Our borrowing capacity includes $6.3 billion scheduled to expire in October 2022, of which $3.1 billion has a one-year term out option that allows us to extend the maturity of any borrowings one additional year.

Our short-term and long-term credit ratings remained unchanged during the first half of 2022. There is risk for future downgrades.

At June 30, 2022 and December 31, 2021, trade payables included $2.4 billion and $2.3 billion payable to suppliers who have elected to participate in supply chain financing programs. We do not believe that future changes in the availability of supply chain financing will have a significant impact on our liquidity.

Based on our current best estimates of market demand, planned production rates, timing of cash receipts and expenditures, our ability to successfully implement further actions to improve liquidity, as well as our ability to access additional liquidity, if needed, we believe it is probable that we will be able to fund our operations for the foreseeable future.

Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. We believe that the accounting estimates and assumptions are appropriate, however, given the increased uncertainties surrounding the severity and duration of the impacts of the COVID-19 pandemic actual results could differ from those estimates.

Long-term Contracts

Changes in estimated revenues, cost of sales, and the related effect on operating income are recognized using a cumulative catch-up adjustment which recognizes in the current period the cumulative effect of the changes on current and prior periods based on a long-term contract’s percentage-of-completion. When the current estimates of tota

Data imported from Boeing Co. SEC filings. Check original filings before making any investment decision.