BA Boeing Co

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The Boeing Company and Subsidiaries

Notes to Condensed Consolidated Financial Statements

Summary of Business Segment Data

(Unaudited)

(Dollars in millions)			Six months ended June 30												Three months ended June 30
			2023						2022						2023						2022
Revenues:
Commercial Airplanes			$15,544						$10,452						$8,840						$6,258
Defense, Space & Security			12,706						11,674						6,167						6,191
Global Services			9,466						8,612						4,746						4,298
Unallocated items, eliminations and other			(44)						(66)						(2)						(66)
Total revenues			$37,672						$30,672						$19,751						$16,681
(Loss)/earnings from operations:
Commercial Airplanes			($998)						($1,116)						($383)						($219)
Defense, Space & Security			(739)						(858)						(527)						71
Global Services			1,703						1,360						856						728
Segment operating (loss)/earnings			(34)						(614)						(54)						580
Unallocated items, eliminations and other			(796)						(335)						(336)						(84)
FAS/CAS service cost adjustment			582						567						291						284
(Loss)/earnings from operations			(248)						(382)						(99)						780
Other income, net			622						434						320						253
Interest and debt expense			(1,270)						(1,293)						(621)						(656)
(Loss)/earnings before income taxes			(896)						(1,241)						(400)						377
Income tax benefit/(expense)			322						159						251						(217)
Net (loss)/earnings			(574)						(1,082)						(149)						160
Less: net loss attributable to noncontrolling interest			(11)						(56)												(33)
Net (loss)/earnings attributable to Boeing Shareholders			($563)						($1,026)						($149)						$193

This information is an integral part of the Notes to the Condensed Consolidated Financial Statements. See Note 17 for further segment results.

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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, 2023 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 2022 Annual Report on Form 10-K. As discussed further in Note 17, prior period amounts have been reclassified to conform to current period presentation.

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. 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 total sales and costs for a long-term contract, and/or contractual options that are probable of exercise, indicate a loss, a provision for the entire loss is recognized.

Net cumulative catch-up adjustments to prior periods' revenue and earnings, including certain losses, across all long-term contracts were as follows:

(In millions - except per share amounts)			Six months ended June 30												Three months ended June 30
			2023						2022						2023						2022
Decrease to Revenue			($782)						($885)						($470)						($273)
Increase to (Loss)/(decrease) to earnings from operations			($1,348)						($1,541)						($830)						($411)
Decrease to Diluted EPS			($1.43)						($2.27)						($0.51)						($0.29)

Basic and diluted earnings per share are computed using the two-class method, which is an earnings allocation method that determines earnings per share for common shares and participating securities. The undistributed earnings are allocated between common shares and participating securities as if all earnings had been distributed during the period. Participating securities and common shares have equal rights to undistributed earnings.

Basic earnings per share is calculated by taking net earnings, less earnings available to participating securities, divided by the basic weighted average common shares outstanding.

Diluted earnings per share is calculated by taking net earnings, less earnings available to participating securities, divided by the diluted weighted average common shares outstanding.

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The elements used in the computation of basic and diluted (loss)/earnings per share were as follows:

(In millions - except per share amounts)			Six months ended June 30												Three months ended June 30
			2023						2022						2023						2022
Net (loss)/earnings available to common shareholders			($563)						($1,026)						($149)						$193
Basic
Basic weighted average shares outstanding			603.9						592.8						605.5						594.0
Less: participating securities(1)			0.3						0.3						0.3						0.3
Basic weighted average common shares outstanding			603.6						592.5						605.2						593.7
Diluted
Basic weighted average shares outstanding			603.9						592.8						605.5						594.0
Dilutive potential common shares(2)																					2.4
Diluted weighted average shares outstanding			603.9						592.8						605.5						596.4
Less: participating securities(1)			0.3						0.3						0.3						0.3
Diluted weighted average common shares outstanding			603.6						592.5						605.2						596.1
Net (loss)/earnings per share:
Basic			($0.93)						($1.73)						($0.25)						$0.32
Diluted			(0.93)						(1.73)						(0.25)						0.32

(1)Participating securities include certain instruments in our deferred compensation plan.

(2)Diluted (loss)/earnings per share includes any dilutive impact of stock options, restricted stock units,

performance-based restricted stock units and performance awards.

The following table represents potential common shares that were not included in the computation of diluted (loss)/earnings per share because the effect was antidilutive based on their strike price or the performance condition was not met.

(Shares in millions)			Six months ended June 30												Three months ended June 30
			2023						2022						2023						2022
Performance awards									1.9												2.3
Performance-based restricted stock units									0.4												0.4
Restricted stock units									1.2												2.0
Stock options			0.8						0.7						0.8						0.8

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30, 2023, was 62.8% and reflects additional tax benefit to adjust prior quarter's results to the annual effective tax rate.

As of December 31, 2022, the Company had recorded valuation allowances of $3,162 primarily for certain federal deferred tax assets, as well as for certain federal and state net operating loss and tax credit carryforwards. To measure the valuation allowance, the Company estimated in what year each of     its deferred tax assets and liabilities would reverse using systematic and logical methods to estimate the reversal patterns. Based on these methods, deferred tax liabilities are assumed to reverse and generate taxable income over the next 5 to 10 years while deferred tax assets related to pension and other postretirement benefit obligations are assumed to reverse and generate tax deductions over the next 15 to 20 years. The valuation allowance primarily results from not having sufficient income from deferred tax liability reversals in the appropriate future periods to support the realization of deferred tax assets.

Federal income tax audits have been settled for all years prior to 2018. The Internal Revenue Service is currently auditing the 2018-2020 tax years. We are also subject to examination in major state and international jurisdictions for the 2008-2021 tax years. We believe appropriate provisions for all outstanding tax issues have been made for all jurisdictions and all open years.

Audit outcomes and the timing of audit settlements are subject to significant uncertainty. It is reasonably possible that within the next 12 months, unrecognized tax benefits related to federal tax matters under audit may decrease by up to $620 based on current estimates.

The changes in allowances for expected credit losses for the six months ended June 30, 2023 and 2022 consisted of the following:

			Accounts receivable			Unbilled receivables			Other current assets			Customer financing			Other assets			Total
Balance at January 1, 2022			($390)			($91)			($62)			($18)			($186)			($747)
Changes in estimates			(5)			18			1			(42)			(27)			(55)
Write-offs			242			47									133			422
Recoveries			5															5
Balance at June 30, 2022			($148)			($26)			($61)			($60)			($80)			($375)
Balance at January 1, 2023			($116)			($23)			($85)			($55)			($88)			($367)
Changes in estimates			(5)			2			15			2			(12)			2
Write-offs			24						4									28
Recoveries			2															2
Balance at June 30, 2023			($95)			($21)			($66)			($53)			($100)			($335)

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Inventories consisted of the following:

			June 30 2023						December 31 2022
Long-term contracts in progress			$211						$582
Commercial aircraft programs			67,850						67,702
Capitalized precontract costs(1)			821						794
Commercial spare parts, used aircraft, general stock materials and other			9,440						9,073
Total			$78,322						$78,151

(1) Capitalized precontract costs at June 30, 2023 and December 31, 2022 includes amounts related to KC-46A Tanker, Commercial Crew, and T-7 Production Options. See Note 9.

Commercial Aircraft Programs

Commercial aircraft programs inventory includes approximately 220 737 aircraft and 85 787 aircraft at June 30, 2023 as compared with approximately 250 737 aircraft and 100 787 aircraft at December 31, 2022.

At June 30, 2023 and December 31, 2022, commercial aircraft programs inventory included the following amounts related to the 737 program: deferred production costs of $4,739 and $2,955 and unamortized tooling and other non-recurring costs of $591 and $626. At June 30, 2023, $5,297 of 737 deferred production costs, unamortized tooling and other non-recurring costs are expected to be recovered from units included in the program accounting quantity that have firm orders and $33 is expected to be recovered from units included in the program accounting quantity that represent expected future orders.

At June 30, 2023 and December 31, 2022, commercial aircraft programs inventory included the following amounts related to the 777X program: $4,226 and $4,059 of work in process, $1,385 and $1,330 of deferred production costs, and $3,868 and $3,774 of unamortized tooling and other non-recurring costs. In April 2022, we decided to pause production of the 777X-9 during 2022 and 2023. The production pause is resulting in abnormal production costs that are being expensed as incurred until 777X-9 production resumes. We expensed abnormal production costs of $262 and $102 during the six months ended June 30, 2023 and 2022. The 777X program has near break-even margins at June 30, 2023.

At June 30, 2023 and December 31, 2022, commercial aircraft programs inventory included the following amounts related to the 787 program: deferred production costs of $12,193 and $12,689, $1,765 and $1,831 of supplier advances, and $1,600 and $1,722 of unamortized tooling and other non-recurring costs. At June 30, 2023, $11,823 of 787 deferred production costs, unamortized tooling and other non-recurring costs are expected to be recovered from units included in the program accounting quantity that have firm orders and $1,970 is expected to be recovered from units included in the program accounting quantity that represent expected future orders. We are currently producing at abnormally low rates resulting in abnormal production costs that are being expensed as incurred. We expensed abnormal production costs of $693 and $595 during the six months ended June 30, 2023 and 2022.

Commercial aircraft programs inventory included amounts credited in cash or other consideration (early issue sales consideration) to airline customers totaling $3,625 and $3,586 at June 30, 2023 and December 31, 2022.

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Unbilled receivables increased from $8,634 at December 31, 2022 to $9,357 at June 30, 2023, primarily driven by revenue recognized at Defense, Space & Security (BDS) and Global Services (BGS) in excess of billings.

Advances and progress billings increased from $53,081 at December 31, 2022 to $55,310 at June 30, 2023, primarily driven by advances on orders received at Commercial Airplanes (BCA), partially offset by revenue recognized at BDS.

Revenues recognized during the six months ended June 30, 2023 and 2022 from amounts recorded as Advances and progress billings at the beginning of each year were $7,885 and $6,814. Revenues recognized during the three months ended June 30, 2023 and 2022 from amounts recorded as Advances and progress billings at the beginning of each year were $4,004 and $3,413.

Customer financing consisted of the following:

			June 30 2023						December 31 2022
Financing receivables:
Investment in sales-type/finance leases			$673						$804
Notes			203						385
Total financing receivables			876						1,189
Less allowance for losses on receivables			53						55
Financing receivables, net			823						1,134
Operating lease equipment, at cost, less accumulated depreciation of $69 and $76			367						470
Total			$1,190						$1,604

Financing arrangements typically range in terms from 1 to 12 years and may include options to extend or terminate. Certain leases include provisions to allow the lessee to purchase the underlying aircraft at a specified price.

At June 30, 2023 and December 31, 2022, $238 and $405 were determined to be uncollectible financing receivables and placed on non-accrual status. The allowance for losses on receivables remained largely unchanged during the six months ended June 30, 2023.

Our financing receivable balances at June 30, 2023 by internal credit rating category and year of origination consisted of the following:

Rating categories			Current			2022			2021			2020			2019			Prior			Total
BBB																		$33			$33
BB			$47			$33			$209			$107			$38			155			589
B															17						17
CCC			10						35									192			237
Total carrying value of financing receivables			$57			$33			$244			$107			$55			$380			$876

At June 30, 2023, our allowance for losses related to receivables with ratings of CCC, B, BB, and BBB. We applied default rates that averaged 100.0%, 0.0%, 2.7%, and 0.1%, respectively, to the exposure associated with those receivables.

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Customer Financing Exposure

The majority of our gross customer financing portfolio is concentrated in the following aircraft models:

			June 30 2023						December 31 2022
717 Aircraft ($0 and $45 accounted for as operating leases)			$495						$563
747-8 Aircraft (accounted for as sales-type/finance leases)			217						394
737 Aircraft ($151 and $174 accounted for as operating leases)			171						186
777 Aircraft (accounted for as operating leases)			202						209
MD-80 Aircraft (accounted for as sales-type/finance leases)									96
757 Aircraft (accounted for as sales-type/finance leases)			98						107
747-400 Aircraft (accounted for as sales-type/finance leases)			44						46

Operating lease equipment primarily includes large commercial jet aircraft.

Lease income recorded in revenue on the Condensed Consolidated Statements of Operations for the six months ended June 30, 2023 and 2022 included $29 and $36 from sales-type/finance leases, and $27 and $32 from operating leases, of which $1 and $5 related to variable operating lease payments. Lease income recorded in revenue on the Condensed Consolidated Statements of Operations for the three months ended June 30, 2023 and 2022 included $14 and $18 from sales-type/finance leases, and $16 and $17 from operating leases, of which $1 and $1 related to variable operating lease payments.

Profit at the commencement of sales-type leases was recorded in revenue for the six months ended June 30, 2023 and 2022 in the amount of $20 and $12. Customer financing interest income received was $62 and $6 for the six months ended June 30, 2023 and 2022. Profit at the commencement of sales-type leases was recorded in revenue for the three months ended June 30, 2023 and 2022 in the amount of $8 and $8. Customer financing interest income received was $58 and $3 for the three months ended June 30, 2023 and 2022.

Our investments, which are recorded in Short-term and other investments or Investments, consisted of the following:

			June 30 2023						December 31 2022
Equity method investments (1)			$993						$948
Time deposits			5,988						2,093
Available-for-sale debt investments			499						479
Equity and other investments			32						36
Restricted cash & cash equivalents(2)			21						33
Total			$7,533						$3,589

(1)Dividends received were $5 during the six and three months ended June 30, 2023 and $43 and $16 during the same periods in prior year.

(2)Reflects amounts restricted in support of our property sales, workers’ compensation programs, and insurance premiums.

Allowance for losses on available-for-sale debt investments are assessed quarterly. All instruments are considered investment grade, and we have not recognized an allowance for credit losses as of June 30, 2023.

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737 MAX Customer Concessions and Other Considerations

The following table summarizes changes in the 737 MAX customer concessions and other considerations liability during the six months ended June 30, 2023 and 2022.

			2023						2022
Beginning balance – January 1			$1,864						$2,940
Reductions for payments made			(273)						(844)
Reductions for concessions and other in-kind considerations			(51)						(5)
Changes in estimates			(26)						17
Ending balance – June 30			$1,514						$2,108

The liability balance of $1.5 billion at June 30, 2023 includes $1.3 billion of contracted customer concessions and other liabilities and $0.2 billion that remains subject to negotiation with customers. The contracted amount includes $0.6 billion expected to be liquidated by lower customer delivery payments, $0.6 billion expected to be paid in cash and $0.1 billion in other concessions. Of the cash payments to customers, we expect to pay $0.2 billion in 2023 and the remaining $0.4 billion in future years. The type of consideration to be provided for the remaining $0.2 billion will depend on the outcomes of negotiations with customers.

Environmental

The following table summarizes changes in environmental remediation liabilities during the six months ended June 30, 2023 and 2022.

			2023						2022
Beginning balance – January 1			$752						$605
Reductions for payments made, net of recoveries			(24)						(11)
Changes in estimates			72						131
Ending balance – June 30			$800						$725

The liabilities recorded represent our best estimate or the low end of a range of reasonably possible costs expected to be incurred to remediate sites, including operation and maintenance over periods of up to 30 years. It is reasonably possible that we may incur costs that exceed these recorded amounts because of regulatory agency orders and directives, changes in laws and/or regulations, higher than expected costs and/or the discovery of new or additional contamination. As part of our estimating process, we develop a range of reasonably possible alternate scenarios that includes the high end of a range of reasonably possible cost estimates for all remediation sites for which we have sufficient information based on our experience and existing laws and regulations. There are some potential remediation obligations where the costs of remediation cannot be reasonably estimated. At June 30, 2023 and December 31, 2022, the high end of the estimated range of reasonably possible remediation costs exceeded our recorded liabilities by $1,045 and $1,058.

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Product Warranties

The following table summarizes changes in product warranty liabilities recorded during the six months ended June 30, 2023 and 2022.

			2023						2022
Beginning balance – January 1			$2,275						$1,900
Additions for current year deliveries			92						89
Reductions for payments made			(179)						(220)
Changes in estimates			338						261
Ending balance – June 30			$2,526						$2,030

Commercial Aircraft Trade-In Commitments

In conjunction with signing definitive agreements for the sale of new aircraft, we have entered into trade-in commitments with certain customers that give them the right to trade in used aircraft at a specified price. The probability that trade-in commitments will be exercised is determined by using both quantitative information from valuation sources and qualitative information from other sources. The probability of exercise is assessed quarterly, or as events trigger a change, and takes into consideration the current economic and airline industry environments. Trade-in commitments, which can be terminated by mutual consent with the customer, may be exercised only during the period specified in the agreement, and require advance notice by the customer.

Trade-in commitment agreements at June 30, 2023 have expiration dates from 2023 through 2029. At June 30, 2023 and December 31, 2022 total contractual trade-in commitments were $1,455 and $1,117. As of June 30, 2023 and December 31, 2022, we estimated that it was probable we would be obligated to perform on certain of these commitments with net amounts payable to customers totaling $302 and $286 and the fair value of the related trade-in aircraft was $302 and $286.

Financing Commitments

Financing commitments related to aircraft on order, including options and those proposed in sales campaigns, and refinancing of delivered aircraft, totaled $16,423 and $16,105 as of June 30, 2023 and December 31, 2022. The estimated earliest potential funding dates for these commitments as of June 30, 2023 are as follows:

			Total
July through December 2023			$913
2024			2,871
2025			3,407
2026			4,798
2027			2,161
Thereafter			2,273
			$16,423

As of June 30, 2023, all of these financing commitments relate to customers we believe have less than investment-grade credit. We have concluded that no reserve for future potential losses is required for these financing commitments based upon the terms, such as collateralization and interest rates, under which funding would be provided.

Other Financial Commitments

We have financial commitments to make additional capital contributions totaling $293 to certain joint ventures over the next five years.

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Standby Letters of Credit and Surety Bonds

We have entered into standby letters of credit and surety bonds with financial institutions primarily relating to the guarantee of our future performance on certain contracts and security agreements. Contingent liabilities on outstanding letters of credit agreements and surety bonds aggregated approximately $5,006 and $5,070 as of June 30, 2023 and December 31, 2022.

Supply Chain Financing Programs

The Company has supply chain financing programs in place under which participating suppliers may elect to obtain payment from an intermediary. The Company confirms the validity of invoices from participating suppliers and agrees to pay the intermediary an amount based on invoice totals. The majority of amounts payable under these programs are due within 30 to 90 days but may extend up to 12 months. At June 30, 2023 and December 31, 2022, Accounts payable included $2.6 billion and $2.5 billion payable to suppliers who have elected to participate in these programs. We do not believe that future changes in the availability of supply chain financing will have a significant impact on our liquidity.

Recoverable Costs on Government Contracts

Our final incurred costs for each year are subject to audit and review for allowability by the U.S. government, which can result in payment demands related to costs they believe should be disallowed. We work with the U.S. government to assess the merits of claims and where appropriate reserve for amounts disputed. If we are unable to satisfactorily resolve disputed costs, we could be required to record an earnings charge and/or provide refunds to the U.S. government.

Fixed-Price Contracts

Substantially all contracts at our BDS segment and certain contracts at our BGS segment are long-term contracts with the U.S. government and other customers that generally extend over several years. Long-term contracts that are contracted on a fixed-price basis could result in losses in future periods. Certain of the fixed-price contracts are for the development of new products, services and related technologies. This development work scope is inherently uncertain and subject to significant variability in estimates of the cost and time required to complete the work by us and our suppliers. The operational and technical complexities of fixed-price development contracts create financial risk, which could trigger additional earnings charges, termination provisions, order cancellations, or other financially significant exposure.

VC-25B Presidential Aircraft

The Company’s firm fixed-price contract for the Engineering and Manufacturing Development (EMD) effort on the U.S. Air Force’s (USAF) VC-25B Presidential Aircraft, commonly known as Air Force One, is a $4.3 billion program to develop and modify two 747-8 commercial aircraft. During the year ended December 31, 2022, we increased the reach-forward loss on the contract by $1,452. Risk remains that we may record additional losses in future periods.

KC-46A Tanker

In 2011, we were awarded a contract from the USAF to design, develop, manufacture, and deliver four next generation aerial refueling tankers as well as priced options for 13 annual production lots totaling 179 aircraft. Since 2016, the USAF has authorized nine low rate initial production (LRIP) lots for a total of 124 aircraft. The EMD contract and authorized LRIP lots total approximately $24 billion as of June 30, 2023. As of June 30, 2023, we had approximately $167 of capitalized precontract costs and $143 of potential termination liabilities to suppliers related to unexercised future lots. During the year ended December 31, 2022, we increased the reach-forward loss on the KC-46A Tanker program by $1,374. During the three months ended March 31, 2023, we increased the reach-forward loss on the KC-46A Tanker program by $245 resulting from factory disruption and additional rework due to a supplier quality issue. Risk remains that we may record additional losses in future periods.

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MQ-25

In the third quarter of 2018, we were awarded the MQ-25 EMD contract by the U.S. Navy. The contract is a fixed-price contract that includes development and delivery of seven aircraft and test articles at a contract price of $890. During the year ended December 31, 2022, we increased the MQ-25 reach-forward loss by $579. During the three months ended June 30, 2023, we increased the reach-forward loss by $68 primarily driven by production and flight testing delays for EMD aircraft. Risk remains that we may record additional losses in future periods.

T-7A Red Hawk EMD Contract & Production Options

In 2018, we were awarded the T-7A Red Hawk program. The EMD portion of the contract is a $860 fixed-price contract and includes five aircraft and seven simulators. During the year ended December 31, 2022, we recorded earnings charges of $203 related to the T-7A Red Hawk fixed-price EMD contract, which had a reach-forward loss at December 31, 2022. The production portion of the contract includes 11 production lots for aircraft and related services for 346 T-7A Red Hawk aircraft that we believe are probable of being exercised. We expect the first production and support contract option to be exercised in 2025. During the year ended December 31, 2022, we increased the reach-forward loss by $552. During the three months ended June 30, 2023, we increased the reach-forward loss on the T-7A program by $189 primarily reflecting higher estimated production costs. At June 30, 2023, we had approximately $97 of capitalized precontract costs and $391 of potential termination liabilities to suppliers related to future production lots. Risk remains that we may record additional losses in future periods.

Commercial Crew

National Aeronautics and Space Administration (NASA) has contracted us to design and build the CST-100 Starliner spacecraft to transport crews to the International Space Station. During the second quarter of 2022 we successfully completed the uncrewed Orbital Flight Test. During the year ended December 31, 2022, we increased the reach-forward loss by $288. During the second quarter of 2023, we increased the reach-forward loss by $257 primarily as a result of delaying the crewed flight test previously scheduled for July 2023 following notification by a parachute supplier of an issue identified through testing. We anticipate being ready to launch later in 2023 or early 2024 and we are working with NASA to identify a new launch window. At June 30, 2023, we had approximately $189 of capitalized precontract costs and $198 of potential termination liabilities to suppliers related to fixed-price unauthorized future missions. Risk remains that we may record additional losses in future periods.

We enter into arrangements with off-balance sheet risk in the normal course of business, primarily in the form of guarantees.

The following table provides quantitative data regarding our third party guarantees. The maximum potential payments represent a “worst-case scenario” and do not necessarily reflect amounts that we expect to pay. The carrying amount of liabilities represents the amount included in Accrued liabilities.

			Maximum Potential Payments									Estimated Proceeds from Collateral/Recourse									Carrying Amount of  Liabilities
			June 30 2023			December 31 2022						June 30 2023			December 31 2022						June 30 2023			December 31 2022
Contingent repurchase commitments			$466			$514						$466			$514
Credit guarantees			15			45															$14			$27

Contingent Repurchase Commitments In conjunction with signing a definitive agreement for the sale of commercial aircraft, we have entered into contingent repurchase commitments with certain customers wherein we agree to repurchase the sold aircraft at a specified price, generally 10 to 15 years after delivery. Our repurchase of the aircraft is contingent upon entering into a mutually acceptable agreement for the sale of additional new aircraft in the future. The commercial aircraft repurchase price specified in

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contingent repurchase commitments is generally lower than the expected fair value at the specified repurchase date. Estimated proceeds from collateral/recourse in the table above represent the lower of the contracted repurchase price or the expected fair value of each aircraft at the specified repurchase date.

If a future sale agreement is reached and a customer elects to exercise its right under a contingent repurchase commitment, the contingent repurchase commitment becomes a trade-in commitment. Our historical experience is that contingent repurchase commitments infrequently become trade-in commitments.

Credit Guarantees We have issued credit guarantees where we are obligated to make payments to a guaranteed party in the event that the original lessee or debtor does not make payments or perform certain specified services. Generally, these guarantees have been extended on behalf of guaranteed parties with less than investment-grade credit and are collateralized by certain assets. We record a liability for the fair value of guarantees and the expected contingent loss amount, which is reviewed quarterly. Current outstanding credit guarantees expire through 2036.

Other Indemnifications In conjunction with our sales of Electron Dynamic Devices, Inc. and Rocketdyne Propulsion and Power businesses and our BCA facilities in Wichita, Kansas and Tulsa and McAlester, Oklahoma, we agreed to indemnify, for an indefinite period, the buyers for costs relating to pre-closing environmental conditions and certain other items. We are unable to assess the potential number of future claims that may be asserted under these indemnifications, nor the amounts thereof (if any). As a result, we cannot estimate the maximum potential amount of future payments under these indemnities. To the extent that claims have been made under these indemnities and/or are probable and reasonably estimable, liabilities associated with these indemnities are included in the environmental liability disclosure in Note 9.

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The components of net periodic benefit (income)/cost were as follows:

			Six months ended June 30												Three months ended June 30
Pension Plans			2023						2022						2023						2022
Service cost			$2						$2						$1						$1
Interest cost			1,410						1,041						705						521
Expected return on plan assets			(1,720)						(1,895)						(859)						(948)
Amortization of prior service credits			(41)						(41)						(21)						(21)
Recognized net actuarial loss			83						454						41						227
Net periodic benefit income			($266)						($439)						($133)						($220)
Net periodic benefit cost included in (Loss)/earnings from operations			$2						$2						$1						$1
Net periodic benefit income included in Other income, net			(268)						(441)						(134)						(221)
Net periodic benefit income included in (Loss)/earnings before income taxes			($266)						($439)						($133)						($220)

			Six months ended June 30												Three months ended June 30
Other Postretirement Plans			2023						2022						2023						2022
Service cost			$24						$36						$12						$18
Interest cost			74						49						37						25
Expected return on plan assets			(4)						(5)						(2)						(3)
Amortization of prior service credits			(11)						(17)						(5)						(8)
Recognized net actuarial gain			(88)						(56)						(44)						(28)
Net periodic benefit (income)/cost			($5)						$7						($2)						$4
Net periodic benefit cost included in (Loss)/earnings from operations			$31						$39						$16						$20
Net periodic benefit income included in Other income, net			(29)						(29)						(14)						(14)
Net periodic benefit cost included in (Loss)/earnings before income taxes			$2						$10						$2						$6

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Restricted Stock Units

On February 16, 2023, we granted 327,523 restricted stock units (RSU) to our executives as part of our long-term incentive program. The RSUs granted under this program have a grant date fair value of $214.35 per unit. The RSUs granted under this program will generally vest and settle in common stock (on a one-for-one basis) on the third anniversary of the grant date. If an executive terminates employment because of retirement, layoff, disability, or death, the executive (or beneficiary) may receive some or all of their stock units depending on certain age and service conditions. In all other cases, the RSUs will not vest and all rights to the stock units will terminate.

Performance Restricted Stock Units

On February 16, 2023, we granted 195,526 performance restricted stock units (PRSU) to our elected executive officers as part of our long-term incentive program. The PRSUs granted under this program have a grant date fair value of $214.35 per unit. The award payout can range from 0% to 200% of the initial PRSU grant based on cumulative free cash flow achievement over the period January 1, 2023 through December 31, 2025 as compared to goals set at the start of the performance period. The PRSUs granted under this program will vest at the payout amount and settle in common stock (on a one-for-one basis) on the third anniversary of the grant date. If an executive terminates employment because of retirement, layoff, disability, or death, the executive (or beneficiary) remains eligible under the award and, if the award is earned, may receive some or all of their stock units depending on certain age and service conditions. In all other cases, the PRSUs will not vest and all rights to the stock units will terminate.

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Additional Paid-in Capital

During the second quarter of 2023, Additional paid-in capital included a decrease of $267 largely related to a non-cash transaction to purchase shares in a consolidated subsidiary from the noncontrolling interests.

Accumulated Other Comprehensive Loss

Changes in Accumulated other comprehensive loss (AOCI) by component for the six and three months ended June 30, 2023 and 2022 were as follows:

			Currency Translation Adjustments						Unrealized Gains and Losses on Certain Investments						Unrealized Gains and Losses on Derivative Instruments						Defined Benefit Pension Plans & Other Postretirement Benefits						Total (1)
Balance at January 1, 2022			($105)						$1						$6						($11,561)						($11,659)
Other comprehensive loss before reclassifications			(52)												(74)												(126)
Amounts reclassified from AOCI															30			(3)			268			(2)			298
Net current period Other comprehensive (loss)/income			(52)												(44)						268						172
Balance at June 30, 2022			($157)						$1						($38)						($11,293)						($11,487)
Balance at January 1, 2023			($167)												($24)						($9,359)						($9,550)
Other comprehensive income/(loss) before reclassifications			10												(25)						(6)						(21)
Amounts reclassified from AOCI															(2)						(44)						(46)
Net current period Other comprehensive income/(loss)			10												(27)						(50)						(67)
Balance at June 30, 2023			($157)												($51)						($9,409)						($9,617)
Balance at March 31, 2022			($81)						$1						$135						($11,425)						($11,370)
Other comprehensive loss before reclassifications			(76)												(168)												(244)
Amounts reclassified from AOCI															(5)						132			(2)			127
Net current period Other comprehensive (loss)/income			(76)												(173)						132						(117)
Balance at June 30, 2022			($157)						$1						($38)						($11,293)						($11,487)
Balance at March 31, 2023			($151)												($11)						($9,388)						($9,550)
Other comprehensive (loss)/income before reclassifications			(6)												(43)						1						(48)
Amounts reclassified from AOCI															3						(22)						(19)
Net current period Other comprehensive loss			(6)												(40)						(21)						(67)
Balance at June 30, 2023			($157)												($51)						($9,409)						($9,617)

(1)     Net of tax.

(2)    Primarily relates to amortization of actuarial losses for the six and three months ended June 30, 2022 totaling $314 and $155 (net of tax of ($84) and ($44)), which are included in the net periodic pension cost.

(3)    Includes losses of $39 (net of tax of ($11)) from cash flow hedges reclassified to Other income, net because the forecasted transactions are probable of not occurring.

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Cash Flow Hedges

Our cash flow hedges include foreign currency forward contracts, commodity swaps and commodity purchase contracts. We use foreign currency forward contracts to manage currency risk associated with certain transactions, specifically forecasted sales and purchases made in foreign currencies. Our foreign currency contracts hedge forecasted transactions through 2031. We use commodity derivatives, such as fixed-price purchase commitments and swaps to hedge against potentially unfavorable price changes for commodities used in production. Our commodity contracts hedge forecasted transactions through 2028.

Derivative Instruments Not Receiving Hedge Accounting Treatment

We have entered into agreements to purchase and sell aluminum to address long-term strategic sourcing objectives and non-U.S. business requirements. These agreements are derivative instruments for accounting purposes. The quantities of aluminum in these agreements offset and are priced at prevailing market prices. We also hold certain foreign currency forward contracts and commodity swaps which do not qualify for hedge accounting treatment.

Notional Amounts and Fair Values

The notional amounts and fair values of derivative instruments in the Condensed Consolidated Statements of Financial Position were as follows:

			Notional amounts (1)						Other assets						Accrued liabilities
			June 30 2023			December 31 2022			June 30 2023			December 31 2022			June 30 2023			December 31 2022
Derivatives designated as hedging instruments:
Foreign exchange contracts			$2,399			$2,815			$34			$23			($85)			($122)
Commodity contracts			568			602			89			115			(35)			(9)
Derivatives not receiving hedge accounting treatment:
Foreign exchange contracts			458			462			6			5			(36)			(42)
Commodity contracts			163			412						2			(1)			(1)
Total derivatives			$3,588			$4,291			$129			$145			($157)			($174)
Netting arrangements									(33)			(33)			33			33
Net recorded balance									$96			$112			($124)			($141)

(1)Notional amounts represent the gross contract/notional amount of the derivatives outstanding.

Gains/(losses) associated with our hedging transactions and forward points recognized in Other comprehensive (loss)/income are presented in the following table:

			Six months ended June 30												Three months ended June 30
			2023						2022						2023						2022
Recognized in Other comprehensive (loss)/income, net of taxes:
Foreign exchange contracts			$11						($104)						$1						($96)
Commodity contracts			(36)						30						(44)						(72)

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Gains/(losses) associated with our hedging transactions and forward points reclassified from AOCI to earnings are presented in the following table:

			Six months ended June 30												Three months ended June 30
			2023						2022						2023						2022
Foreign exchange contracts
Costs and expenses			($6)						$10						($4)						$5
General and administrative expense			(23)						(7)						(12)						(6)
Commodity contracts
Costs and expenses			27						7						10						6
General and administrative expense			5						2						3						1

During the six months ended June 30, 2022, we reclassified losses associated with certain cash flow hedges of $50 from AOCI to Other income, net because it was probable the forecasted transactions would not occur. Losses related to undesignated derivatives on foreign exchange and commodity cash flow hedging transactions recognized in Other income, net were insignificant for the six months ended June 30, 2023 and 2022.

Based on our portfolio of cash flow hedges, we expect to reclassify losses of $22 (pre-tax) out of AOCI into earnings during the next 12 months.

We have derivative instruments with credit-risk-related contingent features. If we default on our five-year credit facility, our derivative counterparties could require settlement for foreign exchange and certain commodity contracts with original maturities of at least five years. The fair value of those contracts in a net liability position at June 30, 2023 was $24. For other particular commodity contracts, our counterparties could require collateral posted in an amount determined by our credit ratings. At June 30, 2023, there was no collateral posted related to our derivatives.

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The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level 1 refers to fair values determined based on quoted prices in active markets for identical assets. Level 2 refers to fair values estimated using significant other observable inputs and Level 3 includes fair values estimated using significant unobservable inputs. The following table presents our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy.

			June 30, 2023																								December 31, 2022
			Total						Level 1						Level 2						Level 3						Total						Level 1						Level 2						Level 3
Assets
Money market funds			$1,679						$1,679																		$1,797						$1,797
Available-for-sale debt investments:
Commercial paper			254												$254												256												$256
Corporate notes			175												175												195												195
U.S. government agencies			70												70												47												47
Other equity investments			8						8																		10						10
Derivatives			96												96												112												112
Total assets			$2,282						$1,687						$595												$2,417						$1,807						$610
Liabilities
Derivatives			($124)												($124)												($141)												($141)
Other			(2)																		($2)
Total liabilities			($126)												($124)						($2)						($141)												($141)

Money market funds, available-for-sale debt investments and equity securities are valued using a market approach based on the quoted market prices or broker/dealer quotes of identical or comparable instruments.

Derivatives include foreign currency and commodity contracts. Our foreign currency forward contracts are valued using an income approach based on the present value of the forward rate less the contract rate multiplied by the notional amount. Commodity derivatives are valued using an income approach based on the present value of the commodity index prices less the contract rate multiplied by the notional amount.

Certain assets have been measured at fair value on a nonrecurring basis using significant unobservable inputs (Level 3). The following table presents the nonrecurring losses recognized for the six months ended June 30 due to long-lived asset impairment and the fair value and asset classification of the related assets as of the impairment date:

			2023												2022
			Fair Value																		Total Losses						Fair Value																		Total Losses
Investments																					($11)																								($31)
Customer financing assets																											$44																		(2)
Property, plant and equipment																																													(19)
Other assets and Acquired intangible assets																					(1)						1																		(20)
Total																					($12)						$45																		($72)

Investments, Property, plant and equipment, Other assets and Acquired intangible assets were primarily valued using an income approach based on the discounted cash flows associated with the underlying assets. The fair value of the impaired customer financing assets includes operating lease equipment and

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investments in sales type-leases/finance leases and is derived by calculating a median collateral value from a consistent group of third party aircraft value publications. The values provided by the third party aircraft publications are derived from their knowledge of market trades and other market factors. Management reviews the publications quarterly to assess the continued appropriateness and consistency with market trends. Under certain circumstances, we adjust values based on the attributes and condition of the specific aircraft or equipment, usually when the features or use of the aircraft vary significantly from the more generic aircraft attributes covered by third party publications, or on the expected net sales price for the aircraft.

Fair Value Disclosures

The fair values and related carrying values of financial instruments that are not required to be remeasured at fair value on the Condensed Consolidated Statements of Financial Position were as follows:

June 30, 2023

Carrying Amount

Total Fair Value

Level 1

Level 2

Level 3

Assets

Notes receivable, net

$367

$374

$374

Liabilities

Debt, excluding finance lease obligations

(52,037)

(49,345)

(49,345)

December 31, 2022

Carrying Amount

Total Fair Value

Level 1

Level 2

Level 3

Assets

Notes receivable, net

$385

$403

$403

Liabilities

Debt, excluding finance lease obligations

(56,794)

(52,856)

(52,856)

The fair values of notes receivable are estimated with discounted cash flow analysis using interest rates currently offered on loans with similar terms to borrowers of similar credit quality. The fair value of our debt that is traded in the secondary market is classified as Level 2 and is based on current market yields. For our debt that is not traded in the secondary market, the fair value is classified as Level 2 and is based on our indicative borrowing cost derived from dealer quotes or discounted cash flows. The fair values of our debt classified as Level 3 are based on discounted cash flow models using the implied yield from similar securities. With regard to other financial instruments with off-balance sheet risk, it is not practicable to estimate the fair value of our indemnifications and financing commitments because the amount and timing of those arrangements are uncertain. Items not included in the above disclosures include cash, restricted cash, time deposits and other deposits, commercial paper, money market funds, Accounts receivable, Unbilled receivables, Other current assets, Accounts payable and long-term payables. The carrying values of those items, as reflected in the Condensed Consolidated Statements of Financial Position, approximate their fair value at June 30, 2023 and December 31, 2022. The fair value of assets and liabilities whose carrying value approximates fair value is determined using Level 2 inputs, with the exception of cash (Level 1).

Various legal proceedings, claims and investigations related to products, contracts, employment and other matters are pending against us.

In addition, we are subject to various U.S. government inquiries and investigations from which civil, criminal or administrative proceedings could result or have resulted in the past. Such proceedings involve or could involve claims by the government for fines, penalties, compensatory and treble damages, restitution and/or forfeitures. Under government regulations, a company, or one or more of its operating

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divisions or subdivisions, can also be suspended or debarred from government contracts, or lose its export privileges, based on the results of investigations. Except as described below, we believe, based upon current information, that the outcome of any such legal proceeding, claim, or government dispute and investigation will not have a material effect on our financial position, results of operations or cash flows. Where it is reasonably possible that we will incur losses in excess of recorded amounts in connection with any of the matters set forth below, we will disclose either the amount or range of reasonably possible losses in excess of such amounts or, where no such amount or range can be reasonably estimated, the reasons why no such estimate can be made.

Multiple legal actions have been filed against us as a result of the October 29, 2018 accident of Lion Air Flight 610 and the March 10, 2019 accident of Ethiopian Airlines Flight 302. In January 2021, we entered into a Deferred Prosecution Agreement with the U.S. Department of Justice that resolved the Department’s investigation into matters concerning the 737 MAX. We remain subject to obligations under this three-year agreement, including reporting requirements and ongoing oversight by the Department of Justice of the Company’s compliance program. While we have resolved a number of other investigations and cases related to the 737 MAX, we cannot reasonably estimate a range of loss, if any, not covered by available insurance that we may incur as a result of the remaining pending lawsuits or other matters related to the accidents and the 737 MAX.

During 2019, we entered into agreements with Embraer S.A. (Embraer) to establish joint ventures that included the commercial aircraft and services operations of Embraer, of which we were expected to acquire an 80 percent ownership stake for $4,200, as well as a joint venture to promote and develop new markets for the C-390 Millennium. In 2020, we exercised our contractual right to terminate these agreements based on Embraer’s failure to meet certain required closing conditions. Embraer has disputed our right to terminate the agreements, and the dispute is currently in arbitration. We cannot reasonably estimate a range of loss, if any, that may result from the arbitration, which we currently expect to be completed in late 2023 or early 2024.

Segment results reflect the realignment of the Boeing Customer Financing team and portfolio into the BCA segment during the first quarter of 2023. Interest and debt expense now includes interest and debt expense previously attributable to Boeing Capital and classified as a component of Total Costs and Expenses ("Cost of Sales"). Prior period amounts have been reclassified to conform to the current period presentation.

Our primary profitability measurement to review a segment’s operating results is (Loss)/earnings from operations. We operate in three reportable segments: BCA, BDS, and BGS. All other activities fall within Unallocated items, eliminations and other. See page 7 for the Summary of Business Segment Data, which is an integral part of this note.

BCA develops, produces and markets commercial jet aircraft principally to the commercial airline industry worldwide. Revenue on commercial aircraft contracts is recognized at the point in time when an aircraft is completed and accepted by the customer.

BDS engages in the research, development, production and modification of the following products and related services: manned and unmanned military aircraft and weapons systems, surveillance and engagement, strategic defense and intelligence systems, satellite systems and space exploration. BDS revenue is generally recognized over the contract term (over time) as costs are incurred.

BGS provides parts, maintenance, modifications, logistics support, training, data analytics and information-based services to commercial and government customers worldwide. BGS segment revenue and costs include certain products and services provided to other segments. Revenue on commercial spare parts contracts is recognized at the point in time when a spare part is delivered to the customer. Revenue on other contracts is generally recognized over the contract term (over time) as costs are incurred.

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The following tables present BCA, BDS and BGS revenues from contracts with customers disaggregated in a number of ways, such as geographic location, contract type and the method of revenue recognition. We believe these best depict how the nature, amount, timing and uncertainty of our revenues and cash flows are affected by economic factors.

BCA revenues by customer location consisted of the following:

(Dollars in millions)			Six months ended June 30												Three months ended June 30
			2023						2022						2023						2022
Revenue from contracts with customers:
Europe			$3,393						$2,254						$2,038						$1,220
Latin America and Caribbean			204						1,136						98						308
Asia			2,355						2,027						1,549						1,298
Middle East			1,466						1,088						750						770
Other non-U.S.			878						568						631						387
Total non-U.S. revenues			8,296						7,073						5,066						3,983
United States			7,175						3,363						3,740						2,238
Estimated potential concessions and other considerations to 737 MAX customers, net			26						(17)						26						17
Total revenues from contracts with customers			15,497						10,419						8,832						6,238
Intersegment revenues eliminated on consolidation			47						33						8						20
Total segment revenues			$15,544						$10,452						$8,840						$6,258
Revenue recognized on fixed-price contracts			100		%				100		%				100		%				100		%
Revenue recognized at a point in time			99		%				99		%				99		%				99		%

BDS revenues on contracts with customers, based on the customer's location, consisted of the following:

(Dollars in millions)			Six months ended June 30												Three months ended June 30
			2023						2022						2023						2022
Revenue from contracts with customers:
U.S. customers			$10,338						$8,782						$5,028						$4,634
Non-U.S. customers(1)			2,368						2,892						1,139						1,557
Total segment revenue from contracts with customers			$12,706						$11,674						$6,167						$6,191
Revenue recognized over time			99		%				99		%				99		%				99		%
Revenue recognized on fixed-price contracts			59		%				62		%				57		%				61		%
Revenue from the U.S. government(1)			90		%				89		%				90		%				89		%

(1)Includes revenues earned from foreign military sales through the U.S. government.

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BGS revenues consisted of the following:

(Dollars in millions)			Six months ended June 30												Three months ended June 30
			2023						2022						2023						2022
Revenue from contracts with customers:
Commercial			$5,419						$4,637						$2,703						$2,361
Government			3,874						3,810						1,948						1,842
Total revenues from contracts with customers			9,293						8,447						4,651						4,203
Intersegment revenues eliminated on consolidation			173						165						95						95
Total segment revenues			$9,466						$8,612						$4,746						$4,298
Revenue recognized at a point in time			51		%				49		%				51		%				49		%
Revenue recognized on fixed-price contracts			87		%				88		%				87		%				88		%
Revenue from the U.S. government(1)			31		%				34		%				31		%				33		%

(1)Includes revenues earned from foreign military sales through the U.S. government.

Backlog

Our total backlog includes contracts that we and our customers are committed to perform. The value in backlog represents the estimated transaction prices on performance obligations to our customers for which work remains to be performed. Backlog is converted into revenue, primarily based on the cost incurred or at delivery and acceptance of products, depending on the applicable revenue recognition model.

Our backlog at June 30, 2023 was $439,564. We expect approximately 26% to be converted to revenue through 2024 and approximately 77% through 2027, with the remainder thereafter. There is significant uncertainty regarding the timing of when backlog will convert into revenue due to timing of 737 and 787 deliveries from inventory and timing of entry into service of the 777X, 737-7 and/or 737-10.

Unallocated Items, Eliminations and other

Unallocated items, eliminations and other include common internal services that support Boeing’s global business operations and eliminations of certain sales between segments. We generally allocate costs to business segments based on the U.S. Government Cost Accounting Standards (CAS). Components of Unallocated items, eliminations and other (expense)/income are shown in the following table.

			Six months ended June 30												Three months ended June 30
			2023						2022						2023						2022
Share-based plans			($38)						($108)						$14						($25)
Deferred compensation			(96)						166						(42)						124
Amortization of previously capitalized interest			(47)						(47)						(24)						(24)
Research and development expense, net			(149)						(118)						(73)						(66)
Eliminations and other unallocated items			(466)						(228)						(211)						(93)
Unallocated items, eliminations and other			($796)						($335)						($336)						($84)

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Pension and Other Postretirement Benefit Expense

Pension costs are allocated to BDS and BGS businesses supporting government customers using CAS, which employ different actuarial assumptions and accounting conventions than GAAP. These costs are allocable to government contracts. Other postretirement benefit costs are allocated to business segments based on CAS, which is generally based on benefits paid. FAS/CAS service cost adjustment represents the difference between the Financial Accounting Standards (FAS) pension and postretirement service costs calculated under GAAP and costs allocated to the business segments. Non-operating pension and postretirement expenses represent the components of net periodic benefit costs other than service cost. These expenses are included in Other income, net. Components of FAS/CAS service cost adjustment are shown in the following table:

			Six months ended June 30												Three months ended June 30
			2023						2022						2023						2022
Pension FAS/CAS service cost adjustment			$445						$413						$222						$205
Postretirement FAS/CAS service cost adjustment			137						154						69						79
FAS/CAS service cost adjustment			$582						$567						$291						$284

Assets

Segment assets are summarized in the table below:

			June 30 2023						December 31 2022
Commercial Airplanes			$76,663						$76,825
Defense, Space & Security			15,011						14,426
Global Services			16,374						16,149
Unallocated items, eliminations and other			26,726						29,700
Total			$134,774						$137,100

Assets included in Unallocated items, eliminations and other primarily consist of Cash and cash equivalents, Short-term and other investments, tax assets, capitalized interest and assets managed centrally on behalf of the three principal business segments and intercompany eliminations.

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v3.23.2

Cover - shares	6 Months Ended
	Jun. 30, 2023	Jul. 19, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	1-442
Entity Registrant Name	THE BOEING COMPANY
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	91-0425694
Entity Address, Address Line One	929 Long Bridge Drive
Entity Address, City or Town	Arlington,
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22202
City Area Code	(703)
Local Phone Number	414-6338
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, $5.00 Par Value
Trading Symbol	BA
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		603,203,554
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000012927
Current Fiscal Year End Date	--12-31

v3.23.2

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Condensed Income Statements, Captions [Line Items]
Total revenues	$ 19,751	$ 16,681	$ 37,672	$ 30,672
Total costs and expenses	(17,812)	(14,553)	(33,810)	(28,191)
Gross profit	1,939	2,128	3,862	2,481
Income/(loss) from operating investments, net	44	17	17	(3)
General and administrative expense	(1,286)	(668)	(2,590)	(1,531)
Research and development expense, net	(797)	(698)	(1,538)	(1,331)
Gain on dispositions, net	1	1	1	2
(Loss)/earnings from operations	(99)	780	(248)	(382)
Other income, net	320	253	622	434
Interest and debt expense	(621)	(656)	(1,270)	(1,293)
(Loss)/earnings before income taxes	(400)	377	(896)	(1,241)
Income tax benefit/(expense)	251	(217)	322	159
Net (loss)/earnings	(149)	160	(574)	(1,082)
Less: net loss attributable to noncontrolling interest		(33)	(11)	(56)
Net (loss)/earnings attributable to Boeing Shareholders	$ (149)	$ 193	$ (563)	$ (1,026)
Basic (loss)/earnings per share (in dollars per share)	$ (0.25)	$ 0.32	$ (0.93)	$ (1.73)
Diluted (loss)/earnings per share (in dollars per share)	$ (0.25)	$ 0.32	$ (0.93)	$ (1.73)
Weighted average diluted shares (millions) (in shares)	605.5	596.4	603.9	592.8
Sales of products
Condensed Income Statements, Captions [Line Items]
Total revenues	$ 16,687	$ 14,009	$ 31,601	$ 25,436
Cost of products and services	(15,123)	(12,284)	(28,676)	(23,696)
Sales of services
Condensed Income Statements, Captions [Line Items]
Total revenues	3,064	2,672	6,071	5,236
Cost of products and services	$ (2,689)	$ (2,269)	$ (5,134)	$ (4,495)

v3.23.2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Net (loss)/earnings	$ (149)	$ 160	$ (574)	$ (1,082)
Other comprehensive (loss)/income, net of tax:
Currency translation adjustments	(6)	(76)	10	(52)
Derivative instruments:
Unrealized loss arising during period, net of tax of $7, $21, $12 and $49	(43)	(168)	(25)	(74)
Reclassification adjustment for (gains)/losses included in net (loss)/earnings, net of tax of $1, ($8), $0 and $1	3	(5)	(2)	30
Total unrealized loss on derivative instruments, net of tax	(40)	(173)	(27)	(44)
Defined benefit pension plans and other postretirement benefits:
Net actuarial (loss)/gain arising during the period, net of tax of $2, $0, $0 and $0	1		(6)
Amortization of actuarial (gains)/losses included in net periodic pension cost, net of tax of $1, ($84), $1 and ($44)	(2)	155	(4)	314
Amortization of prior service credits included in net periodic pension cost, net of tax of $12, $12, $6 and $6	(20)	(23)	(40)	(46)
Total defined benefit pension plans and other postretirement benefits, net of tax	(21)	132	(50)	268
Other comprehensive (loss)/income, net of tax	(67)	(117)	(67)	172
Comprehensive (loss)/income, net of tax	(216)	43	(641)	(910)
Less: Comprehensive loss related to noncontrolling interest		(33)	(11)	(56)
Comprehensive (loss)/income attributable to Boeing Shareholders, net of tax	$ (216)	$ 76	$ (630)	$ (854)

v3.23.2

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Unrealized gain/(loss) arising during period, tax	$ 12	$ 49	$ 7	$ 21
Reclassification adjustment for (gain)/loss included in net earnings, tax	0	1	1	(8)
Net actuarial gain/(loss) arising during the period, tax	0	0	2	0
Amortization of actuarial loss included in net periodic pension cost, tax	1	(44)	1	(84)
Amortization of prior service credits included in net periodic pension cost, tax	6	6	12	12
Less: Comprehensive loss related to noncontrolling interest		$ (33)	$ (11)	$ (56)

v3.23.2

Condensed Consolidated Statements of Financial Position - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 7,254	$ 14,614
Short-term and other investments	6,508	2,606
Accounts receivable, net	2,945	2,517
Unbilled receivables, net	9,357	8,634
Current portion of customer financing, net	85	154
Inventories	78,322	78,151
Other current assets, net	2,941	2,847
Total current assets	107,412	109,523
Customer financing, net	1,105	1,450
Property, plant and equipment, net of accumulated depreciation	10,455	10,550
Goodwill	8,061	8,057
Acquired intangible assets, net	2,194	2,311
Deferred income taxes	66	63
Investments	1,025	983
Other assets, net of accumulated amortization of $935 and $949	4,456	4,163
Total assets	134,774	137,100
Liabilities and equity
Accounts payable	10,936	10,200
Accrued liabilities	21,221	21,581
Advances and progress billings	55,310	53,081
Short-term debt and current portion of long-term debt	4,609	5,190
Total current liabilities	92,076	90,052
Deferred income taxes	95	230
Accrued retiree health care	2,424	2,503
Accrued pension plan liability, net	5,855	6,141
Other long-term liabilities	2,158	2,211
Long-term debt	47,659	51,811
Total liabilities	150,267	152,948
Shareholders’ equity:
Common stock, par value $5.00 — 1,200,000,000 shares authorized; 1,012,261,159 shares issued	5,061	5,061
Additional paid-in capital	10,310	9,947
Treasury stock, at cost — 409,375,415 and 414,671,383 shares	(50,181)	(50,814)
Retained earnings	28,910	29,473
Accumulated other comprehensive loss	(9,617)	(9,550)
Total shareholders’ deficit	(15,517)	(15,883)
Noncontrolling interests	24	35
Total equity	(15,493)	(15,848)
Total liabilities and equity	$ 134,774	$ 137,100

v3.23.2

Condensed Consolidated Statements of Financial Position (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Property, plant and equipment, net of accumulated depreciation	$ 21,895	$ 21,442
Other assets, net of accumulated amortization	$ 935	$ 949
Common stock, par value (in dollars per share)	$ 5.00	$ 5.00
Common stock, shares authorized (in shares)	1,200,000,000	1,200,000,000
Common stock, shares, issued (in shares)	1,012,261,159	1,012,261,159
Treasury stock, shares (in shares)	409,375,415	414,671,383

v3.23.2

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows – operating activities:
Net (loss)/earnings	$ (574)	$ (1,082)
Non-cash items –
Share-based plans expense	381	352
Treasury shares issued for 401(k) contribution	862	612
Depreciation and amortization	913	984
Investment/asset impairment charges, net	12	72
Customer financing valuation adjustments	(3)	42
Gain on dispositions, net	(1)	(2)
Other charges and credits, net	33	260
Changes in assets and liabilities –
Accounts receivable	(433)	(350)
Unbilled receivables	(721)	(758)
Advances and progress billings	2,228	(907)
Inventories	(241)	(1,260)
Other current assets	313	144
Accounts payable	852	395
Accrued liabilities	(399)	(835)
Income taxes receivable, payable and deferred	(424)	(238)
Other long-term liabilities	(180)	(64)
Pension and other postretirement plans	(520)	(695)
Customer financing, net	419	50
Other	40	145
Net cash provided/(used) by operating activities	2,557	(3,135)
Cash flows – investing activities:
Payments to acquire property, plant and equipment	(764)	(612)
Proceeds from disposals of property, plant and equipment	13	16
Contributions to investments	(9,496)	(2,471)
Proceeds from investments	5,567	9,296
Other	(158)	2
Net cash (used)/provided by investing activities	(4,838)	6,231
Cash flows – financing activities:
New borrowings	38	15
Debt repayments	(5,123)	(1,013)
Stock options exercised	44	34
Employee taxes on certain share-based payment arrangements	(48)	(34)
Other	(4)
Net cash used by financing activities	(5,093)	(998)
Effect of exchange rate changes on cash and cash equivalents	2	(71)
Net (decrease)/increase in cash & cash equivalents, including restricted	(7,372)	2,027
Cash & cash equivalents, including restricted, at beginning of year	14,647	8,104
Cash & cash equivalents, including restricted, at end of period	7,275	10,131
Less restricted cash & cash equivalents, included in Investments	21	41
Cash and cash equivalents at end of period	$ 7,254	$ 10,090

v3.23.2

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-In Capital	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Loss	Non- controlling Interests
Beginning balance at Dec. 31, 2021	$ (14,846)	$ 5,061	$ 9,052	$ (51,861)	$ 34,408	$ (11,659)	$ 153
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(1,082)				(1,026)		(56)
Other comprehensive income (loss), net of tax	172					172
Share-based compensation	352		352
Treasury shares issued for stock options exercised, net	35		(21)	56
Treasury shares issued for other share-based plans, net	(34)		(72)	38
Treasury shares issued for 401(k) contribution	612		164	448
Ending balance at Jun. 30, 2022	(14,791)	5,061	9,475	(51,319)	33,382	(11,487)	97
Beginning balance at Mar. 31, 2022	(15,268)	5,061	9,295	(51,573)	33,189	(11,370)	130
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	160				193		(33)
Other comprehensive income (loss), net of tax	(117)					(117)
Share-based compensation	149		149
Treasury shares issued for stock options exercised, net	5		(2)	7
Treasury shares issued for other share-based plans, net	(3)		(5)	2
Treasury shares issued for 401(k) contribution	283		38	245
Ending balance at Jun. 30, 2022	(14,791)	5,061	9,475	(51,319)	33,382	(11,487)	97
Beginning balance at Dec. 31, 2022	(15,848)	5,061	9,947	(50,814)	29,473	(9,550)	35
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(574)				(563)		(11)
Other comprehensive income (loss), net of tax	(67)					(67)
Share-based compensation	381		381
Treasury shares issued for stock options exercised, net	44		(28)	72
Treasury shares issued for other share-based plans, net	(24)		(73)	49
Treasury shares issued for 401(k) contribution	862		350	512
Subsidiary shares purchased from noncontrolling interests	(267)		(267)
Ending balance at Jun. 30, 2023	(15,493)	5,061	10,310	(50,181)	28,910	(9,617)	24
Beginning balance at Mar. 31, 2023	(15,484)	5,061	10,298	(50,376)	29,059	(9,550)	24
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(149)				(149)
Other comprehensive income (loss), net of tax	(67)					(67)
Share-based compensation	159		159
Treasury shares issued for stock options exercised, net			(1)	1
Treasury shares issued for other share-based plans, net	6		(6)	12
Treasury shares issued for 401(k) contribution	309		127	182
Subsidiary shares purchased from noncontrolling interests	(267)		(267)
Ending balance at Jun. 30, 2023	$ (15,493)	$ 5,061	$ 10,310	$ (50,181)	$ 28,910	$ (9,617)	$ 24

v3.23.2

Condensed Consolidated Statements of Equity (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Stockholders' Equity [Abstract]
Other comprehensive income (loss), tax	$ 19	$ 12	$ 23	$ (59)

v3.23.2

Summary of Business Segment Data	6 Months Ended
	Jun. 30, 2023
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Summary of Business Segment Data	The Boeing Company and Subsidiaries Notes to Condensed Consolidated Financial Statements Summary of Business Segment Data (Unaudited) (Dollars in millions) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Revenues: Commercial Airplanes $15,544  $10,452  $8,840  $6,258  Defense, Space & Security 12,706  11,674  6,167  6,191  Global Services 9,466  8,612  4,746  4,298  Unallocated items, eliminations and other (44) (66) (2) (66) Total revenues $37,672  $30,672  $19,751  $16,681  (Loss)/earnings from operations: Commercial Airplanes ($998) ($1,116) ($383) ($219) Defense, Space & Security (739) (858) (527) 71  Global Services 1,703  1,360  856  728  Segment operating (loss)/earnings (34) (614) (54) 580  Unallocated items, eliminations and other (796) (335) (336) (84) FAS/CAS service cost adjustment 582  567  291  284  (Loss)/earnings from operations (248) (382) (99) 780  Other income, net 622  434  320  253  Interest and debt expense (1,270) (1,293) (621) (656) (Loss)/earnings before income taxes (896) (1,241) (400) 377  Income tax benefit/(expense) 322  159  251  (217) Net (loss)/earnings (574) (1,082) (149) 160  Less: net loss attributable to noncontrolling interest (11) (56)   (33) Net (loss)/earnings attributable to Boeing Shareholders ($563) ($1,026) ($149) $193  This information is an integral part of the Notes to the Condensed Consolidated Financial Statements. See Note 17 for further segment results.

v3.23.2

Basis of Presentation	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	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, 2023 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 2022 Annual Report on Form 10-K. As discussed further in Note 17, prior period amounts have been reclassified to conform to current period presentation. 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. 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 total sales and costs for a long-term contract, and/or contractual options that are probable of exercise, indicate a loss, a provision for the entire loss is recognized. Net cumulative catch-up adjustments to prior periods' revenue and earnings, including certain losses, across all long-term contracts were as follows: (In millions - except per share amounts) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Decrease to Revenue ($782) ($885) ($470) ($273) Increase to (Loss)/(decrease) to earnings from operations ($1,348) ($1,541) ($830) ($411) Decrease to Diluted EPS ($1.43) ($2.27) ($0.51) ($0.29)

v3.23.2

Earnings Per Share	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic and diluted earnings per share are computed using the two-class method, which is an earnings allocation method that determines earnings per share for common shares and participating securities. The undistributed earnings are allocated between common shares and participating securities as if all earnings had been distributed during the period. Participating securities and common shares have equal rights to undistributed earnings. Basic earnings per share is calculated by taking net earnings, less earnings available to participating securities, divided by the basic weighted average common shares outstanding. Diluted earnings per share is calculated by taking net earnings, less earnings available to participating securities, divided by the diluted weighted average common shares outstanding. The elements used in the computation of basic and diluted (loss)/earnings per share were as follows: (In millions - except per share amounts) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Net (loss)/earnings available to common shareholders ($563) ($1,026) ($149) $193  Basic Basic weighted average shares outstanding 603.9  592.8  605.5  594.0  Less: participating securities(1) 0.3  0.3  0.3  0.3  Basic weighted average common shares outstanding 603.6  592.5  605.2  593.7  Diluted Basic weighted average shares outstanding 603.9  592.8  605.5  594.0  Dilutive potential common shares(2) 2.4  Diluted weighted average shares outstanding 603.9  592.8  605.5  596.4  Less: participating securities(1) 0.3  0.3  0.3  0.3  Diluted weighted average common shares outstanding 603.6  592.5  605.2  596.1  Net (loss)/earnings per share: Basic ($0.93) ($1.73) ($0.25) $0.32  Diluted (0.93) (1.73) (0.25) 0.32  (1)Participating securities include certain instruments in our deferred compensation plan. (2)Diluted (loss)/earnings per share includes any dilutive impact of stock options, restricted stock units, performance-based restricted stock units and performance awards. The following table represents potential common shares that were not included in the computation of diluted (loss)/earnings per share because the effect was antidilutive based on their strike price or the performance condition was not met. (Shares in millions) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Performance awards   1.9    2.3  Performance-based restricted stock units   0.4    0.4  Restricted stock units   1.2    2.0  Stock options 0.8  0.7  0.8  0.8  In addition, potential common shares of 5.4 million and 3.0 million for the six months ended June 30, 2023 and 2022 and 5.5 million for the three months ended June 30, 2023 were excluded from the computation of diluted (loss)/earnings per share, because the effect would have been antidilutive as a result of incurring a net loss in those periods.

v3.23.2

Income Taxes	6 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income TaxesWe computed our interim tax provision using an estimated annual effective tax rate, adjusted for discrete items. Our 2023 estimated annual effective tax rate primarily reflects the 21% federal tax rate, the impact of taxation upon foreign operations, and a forecasted increase to the valuation allowance, which is partially offset by research and development tax credits. The effective tax rates were 35.9% and 12.8% for the six months ended June 30, 2023 and 2022. The effective tax rate for the three months ended June 30, 2023, was 62.8% and reflects additional tax benefit to adjust prior quarter's results to the annual effective tax rate. As of December 31, 2022, the Company had recorded valuation allowances of $3,162 primarily for certain federal deferred tax assets, as well as for certain federal and state net operating loss and tax credit carryforwards. To measure the valuation allowance, the Company estimated in what year each of     its deferred tax assets and liabilities would reverse using systematic and logical methods to estimate the reversal patterns. Based on these methods, deferred tax liabilities are assumed to reverse and generate taxable income over the next 5 to 10 years while deferred tax assets related to pension and other postretirement benefit obligations are assumed to reverse and generate tax deductions over the next 15 to 20 years. The valuation allowance primarily results from not having sufficient income from deferred tax liability reversals in the appropriate future periods to support the realization of deferred tax assets. Federal income tax audits have been settled for all years prior to 2018. The Internal Revenue Service is currently auditing the 2018-2020 tax years. We are also subject to examination in major state and international jurisdictions for the 2008-2021 tax years. We believe appropriate provisions for all outstanding tax issues have been made for all jurisdictions and all open years. Audit outcomes and the timing of audit settlements are subject to significant uncertainty. It is reasonably possible that within the next 12 months, unrecognized tax benefits related to federal tax matters under audit may decrease by up to $620 based on current estimates.

v3.23.2

Allowances for Losses on Financial Assets	6 Months Ended
	Jun. 30, 2023
Allowance for Losses on Financial Assets [Abstract]
Allowances for Losses on Financial Assets	Allowances for Losses on Financial Assets The changes in allowances for expected credit losses for the six months ended June 30, 2023 and 2022 consisted of the following: Accounts receivable Unbilled receivables Other current assets Customer financing Other assets Total Balance at January 1, 2022 ($390) ($91) ($62) ($18) ($186) ($747) Changes in estimates (5) 18  1  (42) (27) (55) Write-offs 242  47  133  422  Recoveries 5  5  Balance at June 30, 2022 ($148) ($26) ($61) ($60) ($80) ($375) Balance at January 1, 2023 ($116) ($23) ($85) ($55) ($88) ($367) Changes in estimates (5) 2  15  2  (12) 2  Write-offs 24  4  28  Recoveries 2  2  Balance at June 30, 2023 ($95) ($21) ($66) ($53) ($100) ($335)

v3.23.2

Inventories	6 Months Ended
	Jun. 30, 2023
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consisted of the following: June 30 2023 December 31 2022 Long-term contracts in progress $211  $582  Commercial aircraft programs 67,850  67,702  Capitalized precontract costs(1) 821  794  Commercial spare parts, used aircraft, general stock materials and other 9,440  9,073  Total $78,322  $78,151  (1) Capitalized precontract costs at June 30, 2023 and December 31, 2022 includes amounts related to KC-46A Tanker, Commercial Crew, and T-7 Production Options. See Note 9. Commercial Aircraft Programs Commercial aircraft programs inventory includes approximately 220 737 aircraft and 85 787 aircraft at June 30, 2023 as compared with approximately 250 737 aircraft and 100 787 aircraft at December 31, 2022. At June 30, 2023 and December 31, 2022, commercial aircraft programs inventory included the following amounts related to the 737 program: deferred production costs of $4,739 and $2,955 and unamortized tooling and other non-recurring costs of $591 and $626. At June 30, 2023, $5,297 of 737 deferred production costs, unamortized tooling and other non-recurring costs are expected to be recovered from units included in the program accounting quantity that have firm orders and $33 is expected to be recovered from units included in the program accounting quantity that represent expected future orders. At June 30, 2023 and December 31, 2022, commercial aircraft programs inventory included the following amounts related to the 777X program: $4,226 and $4,059 of work in process, $1,385 and $1,330 of deferred production costs, and $3,868 and $3,774 of unamortized tooling and other non-recurring costs. In April 2022, we decided to pause production of the 777X-9 during 2022 and 2023. The production pause is resulting in abnormal production costs that are being expensed as incurred until 777X-9 production resumes. We expensed abnormal production costs of $262 and $102 during the six months ended June 30, 2023 and 2022. The 777X program has near break-even margins at June 30, 2023. At June 30, 2023 and December 31, 2022, commercial aircraft programs inventory included the following amounts related to the 787 program: deferred production costs of $12,193 and $12,689, $1,765 and $1,831 of supplier advances, and $1,600 and $1,722 of unamortized tooling and other non-recurring costs. At June 30, 2023, $11,823 of 787 deferred production costs, unamortized tooling and other non-recurring costs are expected to be recovered from units included in the program accounting quantity that have firm orders and $1,970 is expected to be recovered from units included in the program accounting quantity that represent expected future orders. We are currently producing at abnormally low rates resulting in abnormal production costs that are being expensed as incurred. We expensed abnormal production costs of $693 and $595 during the six months ended June 30, 2023 and 2022. Commercial aircraft programs inventory included amounts credited in cash or other consideration (early issue sales consideration) to airline customers totaling $3,625 and $3,586 at June 30, 2023 and December 31, 2022.

v3.23.2

Contracts with Customers	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Contracts with Customers	Contracts with Customers Unbilled receivables increased from $8,634 at December 31, 2022 to $9,357 at June 30, 2023, primarily driven by revenue recognized at Defense, Space & Security (BDS) and Global Services (BGS) in excess of billings. Advances and progress billings increased from $53,081 at December 31, 2022 to $55,310 at June 30, 2023, primarily driven by advances on orders received at Commercial Airplanes (BCA), partially offset by revenue recognized at BDS. Revenues recognized during the six months ended June 30, 2023 and 2022 from amounts recorded as Advances and progress billings at the beginning of each year were $7,885 and $6,814. Revenues recognized during the three months ended June 30, 2023 and 2022 from amounts recorded as Advances and progress billings at the beginning of each year were $4,004 and $3,413.

v3.23.2

Customer Financing	6 Months Ended
	Jun. 30, 2023
Customer Financing [Abstract]
Customer Financing	Customer Financing Customer financing consisted of the following: June 30 2023 December 31 2022 Financing receivables: Investment in sales-type/finance leases $673  $804  Notes 203  385  Total financing receivables 876  1,189  Less allowance for losses on receivables 53  55  Financing receivables, net 823  1,134  Operating lease equipment, at cost, less accumulated depreciation of $69 and $76 367  470  Total $1,190  $1,604  Financing arrangements typically range in terms from 1 to 12 years and may include options to extend or terminate. Certain leases include provisions to allow the lessee to purchase the underlying aircraft at a specified price. At June 30, 2023 and December 31, 2022, $238 and $405 were determined to be uncollectible financing receivables and placed on non-accrual status. The allowance for losses on receivables remained largely unchanged during the six months ended June 30, 2023. Our financing receivable balances at June 30, 2023 by internal credit rating category and year of origination consisted of the following: Rating categories Current 2022 2021 2020 2019 Prior Total BBB $33  $33  BB $47  $33  $209  $107  $38  155  589  B 17  17  CCC 10  35  192  237  Total carrying value of financing receivables $57  $33  $244  $107  $55  $380  $876  At June 30, 2023, our allowance for losses related to receivables with ratings of CCC, B, BB, and BBB. We applied default rates that averaged 100.0%, 0.0%, 2.7%, and 0.1%, respectively, to the exposure associated with those receivables. Customer Financing Exposure The majority of our gross customer financing portfolio is concentrated in the following aircraft models: June 30 2023 December 31 2022 717 Aircraft ($0 and $45 accounted for as operating leases) $495  $563  747-8 Aircraft (accounted for as sales-type/finance leases) 217  394  737 Aircraft ($151 and $174 accounted for as operating leases) 171  186  777 Aircraft (accounted for as operating leases) 202  209  MD-80 Aircraft (accounted for as sales-type/finance leases) 96  757 Aircraft (accounted for as sales-type/finance leases) 98  107  747-400 Aircraft (accounted for as sales-type/finance leases) 44  46  Operating lease equipment primarily includes large commercial jet aircraft. Lease income recorded in revenue on the Condensed Consolidated Statements of Operations for the six months ended June 30, 2023 and 2022 included $29 and $36 from sales-type/finance leases, and $27 and $32 from operating leases, of which $1 and $5 related to variable operating lease payments. Lease income recorded in revenue on the Condensed Consolidated Statements of Operations for the three months ended June 30, 2023 and 2022 included $14 and $18 from sales-type/finance leases, and $16 and $17 from operating leases, of which $1 and $1 related to variable operating lease payments. Profit at the commencement of sales-type leases was recorded in revenue for the six months ended June 30, 2023 and 2022 in the amount of $20 and $12. Customer financing interest income received was $62 and $6 for the six months ended June 30, 2023 and 2022. Profit at the commencement of sales-type leases was recorded in revenue for the three months ended June 30, 2023 and 2022 in the amount of $8 and $8. Customer financing interest income received was $58 and $3 for the three months ended June 30, 2023 and 2022.

v3.23.2

Investments	6 Months Ended
	Jun. 30, 2023
Investments [Abstract]
Investments	Investments Our investments, which are recorded in Short-term and other investments or Investments, consisted of the following: June 30 2023 December 31 2022 Equity method investments (1) $993  $948  Time deposits 5,988  2,093  Available-for-sale debt investments 499  479  Equity and other investments 32  36  Restricted cash & cash equivalents(2) 21  33  Total $7,533  $3,589  (1)Dividends received were $5 during the six and three months ended June 30, 2023 and $43 and $16 during the same periods in prior year. (2)Reflects amounts restricted in support of our property sales, workers’ compensation programs, and insurance premiums. Allowance for losses on available-for-sale debt investments are assessed quarterly. All instruments are considered investment grade, and we have not recognized an allowance for credit losses as of June 30, 2023.

v3.23.2

Liabilities, Commitments and Contingencies	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Liabilities, Commitments and Contingencies	Liabilities, Commitments and Contingencies 737 MAX Customer Concessions and Other Considerations The following table summarizes changes in the 737 MAX customer concessions and other considerations liability during the six months ended June 30, 2023 and 2022. 2023 2022 Beginning balance – January 1 $1,864  $2,940  Reductions for payments made (273) (844) Reductions for concessions and other in-kind considerations (51) (5) Changes in estimates (26) 17  Ending balance – June 30 $1,514  $2,108  The liability balance of $1.5 billion at June 30, 2023 includes $1.3 billion of contracted customer concessions and other liabilities and $0.2 billion that remains subject to negotiation with customers. The contracted amount includes $0.6 billion expected to be liquidated by lower customer delivery payments, $0.6 billion expected to be paid in cash and $0.1 billion in other concessions. Of the cash payments to customers, we expect to pay $0.2 billion in 2023 and the remaining $0.4 billion in future years. The type of consideration to be provided for the remaining $0.2 billion will depend on the outcomes of negotiations with customers. Environmental The following table summarizes changes in environmental remediation liabilities during the six months ended June 30, 2023 and 2022. 2023 2022 Beginning balance – January 1 $752  $605  Reductions for payments made, net of recoveries (24) (11) Changes in estimates 72  131  Ending balance – June 30 $800  $725  The liabilities recorded represent our best estimate or the low end of a range of reasonably possible costs expected to be incurred to remediate sites, including operation and maintenance over periods of up to 30 years. It is reasonably possible that we may incur costs that exceed these recorded amounts because of regulatory agency orders and directives, changes in laws and/or regulations, higher than expected costs and/or the discovery of new or additional contamination. As part of our estimating process, we develop a range of reasonably possible alternate scenarios that includes the high end of a range of reasonably possible cost estimates for all remediation sites for which we have sufficient information based on our experience and existing laws and regulations. There are some potential remediation obligations where the costs of remediation cannot be reasonably estimated. At June 30, 2023 and December 31, 2022, the high end of the estimated range of reasonably possible remediation costs exceeded our recorded liabilities by $1,045 and $1,058. Product Warranties The following table summarizes changes in product warranty liabilities recorded during the six months ended June 30, 2023 and 2022. 2023 2022 Beginning balance – January 1 $2,275  $1,900  Additions for current year deliveries 92  89  Reductions for payments made (179) (220) Changes in estimates 338  261  Ending balance – June 30 $2,526  $2,030  Commercial Aircraft Trade-In Commitments In conjunction with signing definitive agreements for the sale of new aircraft, we have entered into trade-in commitments with certain customers that give them the right to trade in used aircraft at a specified price. The probability that trade-in commitments will be exercised is determined by using both quantitative information from valuation sources and qualitative information from other sources. The probability of exercise is assessed quarterly, or as events trigger a change, and takes into consideration the current economic and airline industry environments. Trade-in commitments, which can be terminated by mutual consent with the customer, may be exercised only during the period specified in the agreement, and require advance notice by the customer. Trade-in commitment agreements at June 30, 2023 have expiration dates from 2023 through 2029. At June 30, 2023 and December 31, 2022 total contractual trade-in commitments were $1,455 and $1,117. As of June 30, 2023 and December 31, 2022, we estimated that it was probable we would be obligated to perform on certain of these commitments with net amounts payable to customers totaling $302 and $286 and the fair value of the related trade-in aircraft was $302 and $286. Financing Commitments Financing commitments related to aircraft on order, including options and those proposed in sales campaigns, and refinancing of delivered aircraft, totaled $16,423 and $16,105 as of June 30, 2023 and December 31, 2022. The estimated earliest potential funding dates for these commitments as of June 30, 2023 are as follows: Total July through December 2023 $913  2024 2,871  2025 3,407  2026 4,798  2027 2,161  Thereafter 2,273  $16,423  As of June 30, 2023, all of these financing commitments relate to customers we believe have less than investment-grade credit. We have concluded that no reserve for future potential losses is required for these financing commitments based upon the terms, such as collateralization and interest rates, under which funding would be provided. Other Financial Commitments We have financial commitments to make additional capital contributions totaling $293 to certain joint ventures over the next five years. Standby Letters of Credit and Surety Bonds We have entered into standby letters of credit and surety bonds with financial institutions primarily relating to the guarantee of our future performance on certain contracts and security agreements. Contingent liabilities on outstanding letters of credit agreements and surety bonds aggregated approximately $5,006 and $5,070 as of June 30, 2023 and December 31, 2022. Supply Chain Financing Programs The Company has supply chain financing programs in place under which participating suppliers may elect to obtain payment from an intermediary. The Company confirms the validity of invoices from participating suppliers and agrees to pay the intermediary an amount based on invoice totals. The majority of amounts payable under these programs are due within 30 to 90 days but may extend up to 12 months. At June 30, 2023 and December 31, 2022, Accounts payable included $2.6 billion and $2.5 billion payable to suppliers who have elected to participate in these programs. We do not believe that future changes in the availability of supply chain financing will have a significant impact on our liquidity. Recoverable Costs on Government Contracts Our final incurred costs for each year are subject to audit and review for allowability by the U.S. government, which can result in payment demands related to costs they believe should be disallowed. We work with the U.S. government to assess the merits of claims and where appropriate reserve for amounts disputed. If we are unable to satisfactorily resolve disputed costs, we could be required to record an earnings charge and/or provide refunds to the U.S. government. Fixed-Price Contracts Substantially all contracts at our BDS segment and certain contracts at our BGS segment are long-term contracts with the U.S. government and other customers that generally extend over several years. Long-term contracts that are contracted on a fixed-price basis could result in losses in future periods. Certain of the fixed-price contracts are for the development of new products, services and related technologies. This development work scope is inherently uncertain and subject to significant variability in estimates of the cost and time required to complete the work by us and our suppliers. The operational and technical complexities of fixed-price development contracts create financial risk, which could trigger additional earnings charges, termination provisions, order cancellations, or other financially significant exposure. VC-25B Presidential Aircraft The Company’s firm fixed-price contract for the Engineering and Manufacturing Development (EMD) effort on the U.S. Air Force’s (USAF) VC-25B Presidential Aircraft, commonly known as Air Force One, is a $4.3 billion program to develop and modify two 747-8 commercial aircraft. During the year ended December 31, 2022, we increased the reach-forward loss on the contract by $1,452. Risk remains that we may record additional losses in future periods. KC-46A Tanker In 2011, we were awarded a contract from the USAF to design, develop, manufacture, and deliver four next generation aerial refueling tankers as well as priced options for 13 annual production lots totaling 179 aircraft. Since 2016, the USAF has authorized nine low rate initial production (LRIP) lots for a total of 124 aircraft. The EMD contract and authorized LRIP lots total approximately $24 billion as of June 30, 2023. As of June 30, 2023, we had approximately $167 of capitalized precontract costs and $143 of potential termination liabilities to suppliers related to unexercised future lots. During the year ended December 31, 2022, we increased the reach-forward loss on the KC-46A Tanker program by $1,374. During the three months ended March 31, 2023, we increased the reach-forward loss on the KC-46A Tanker program by $245 resulting from factory disruption and additional rework due to a supplier quality issue. Risk remains that we may record additional losses in future periods. MQ-25 In the third quarter of 2018, we were awarded the MQ-25 EMD contract by the U.S. Navy. The contract is a fixed-price contract that includes development and delivery of seven aircraft and test articles at a contract price of $890. During the year ended December 31, 2022, we increased the MQ-25 reach-forward loss by $579. During the three months ended June 30, 2023, we increased the reach-forward loss by $68 primarily driven by production and flight testing delays for EMD aircraft. Risk remains that we may record additional losses in future periods. T-7A Red Hawk EMD Contract & Production Options In 2018, we were awarded the T-7A Red Hawk program. The EMD portion of the contract is a $860 fixed-price contract and includes five aircraft and seven simulators. During the year ended December 31, 2022, we recorded earnings charges of $203 related to the T-7A Red Hawk fixed-price EMD contract, which had a reach-forward loss at December 31, 2022. The production portion of the contract includes 11 production lots for aircraft and related services for 346 T-7A Red Hawk aircraft that we believe are probable of being exercised. We expect the first production and support contract option to be exercised in 2025. During the year ended December 31, 2022, we increased the reach-forward loss by $552. During the three months ended June 30, 2023, we increased the reach-forward loss on the T-7A program by $189 primarily reflecting higher estimated production costs. At June 30, 2023, we had approximately $97 of capitalized precontract costs and $391 of potential termination liabilities to suppliers related to future production lots. Risk remains that we may record additional losses in future periods. Commercial Crew National Aeronautics and Space Administration (NASA) has contracted us to design and build the CST-100 Starliner spacecraft to transport crews to the International Space Station. During the second quarter of 2022 we successfully completed the uncrewed Orbital Flight Test. During the year ended December 31, 2022, we increased the reach-forward loss by $288. During the second quarter of 2023, we increased the reach-forward loss by $257 primarily as a result of delaying the crewed flight test previously scheduled for July 2023 following notification by a parachute supplier of an issue identified through testing. We anticipate being ready to launch later in 2023 or early 2024 and we are working with NASA to identify a new launch window. At June 30, 2023, we had approximately $189 of capitalized precontract costs and $198 of potential termination liabilities to suppliers related to fixed-price unauthorized future missions. Risk remains that we may record additional losses in future periods.

v3.23.2

Arrangements with Off-Balance Sheet Risk	6 Months Ended
	Jun. 30, 2023
Guarantees [Abstract]
Arrangements with Off-Balance Sheet Risk	Arrangements with Off-Balance Sheet Risk We enter into arrangements with off-balance sheet risk in the normal course of business, primarily in the form of guarantees. The following table provides quantitative data regarding our third party guarantees. The maximum potential payments represent a “worst-case scenario” and do not necessarily reflect amounts that we expect to pay. The carrying amount of liabilities represents the amount included in Accrued liabilities. Maximum Potential Payments Estimated Proceeds from Collateral/Recourse Carrying Amount of  Liabilities June 30 2023 December 31 2022 June 30 2023 December 31 2022 June 30 2023 December 31 2022 Contingent repurchase commitments $466  $514  $466  $514  Credit guarantees 15  45    $14  $27  Contingent Repurchase Commitments In conjunction with signing a definitive agreement for the sale of commercial aircraft, we have entered into contingent repurchase commitments with certain customers wherein we agree to repurchase the sold aircraft at a specified price, generally 10 to 15 years after delivery. Our repurchase of the aircraft is contingent upon entering into a mutually acceptable agreement for the sale of additional new aircraft in the future. The commercial aircraft repurchase price specified in contingent repurchase commitments is generally lower than the expected fair value at the specified repurchase date. Estimated proceeds from collateral/recourse in the table above represent the lower of the contracted repurchase price or the expected fair value of each aircraft at the specified repurchase date. If a future sale agreement is reached and a customer elects to exercise its right under a contingent repurchase commitment, the contingent repurchase commitment becomes a trade-in commitment. Our historical experience is that contingent repurchase commitments infrequently become trade-in commitments. Credit Guarantees We have issued credit guarantees where we are obligated to make payments to a guaranteed party in the event that the original lessee or debtor does not make payments or perform certain specified services. Generally, these guarantees have been extended on behalf of guaranteed parties with less than investment-grade credit and are collateralized by certain assets. We record a liability for the fair value of guarantees and the expected contingent loss amount, which is reviewed quarterly. Current outstanding credit guarantees expire through 2036. Other Indemnifications In conjunction with our sales of Electron Dynamic Devices, Inc. and Rocketdyne Propulsion and Power businesses and our BCA facilities in Wichita, Kansas and Tulsa and McAlester, Oklahoma, we agreed to indemnify, for an indefinite period, the buyers for costs relating to pre-closing environmental conditions and certain other items. We are unable to assess the potential number of future claims that may be asserted under these indemnifications, nor the amounts thereof (if any). As a result, we cannot estimate the maximum potential amount of future payments under these indemnities. To the extent that claims have been made under these indemnities and/or are probable and reasonably estimable, liabilities associated with these indemnities are included in the environmental liability disclosure in Note 9.

v3.23.2

Postretirement Plans	6 Months Ended
	Jun. 30, 2023
Retirement Benefits [Abstract]
Postretirement Plans	Postretirement Plans The components of net periodic benefit (income)/cost were as follows: Six months ended June 30 Three months ended June 30 Pension Plans 2023 2022 2023 2022 Service cost $2  $2  $1  $1  Interest cost 1,410  1,041  705  521  Expected return on plan assets (1,720) (1,895) (859) (948) Amortization of prior service credits (41) (41) (21) (21) Recognized net actuarial loss 83  454  41  227  Net periodic benefit income ($266) ($439) ($133) ($220) Net periodic benefit cost included in (Loss)/earnings from operations $2  $2  $1  $1  Net periodic benefit income included in Other income, net (268) (441) (134) (221) Net periodic benefit income included in (Loss)/earnings before income taxes ($266) ($439) ($133) ($220) Six months ended June 30 Three months ended June 30 Other Postretirement Plans 2023 2022 2023 2022 Service cost $24  $36  $12  $18  Interest cost 74  49  37  25  Expected return on plan assets (4) (5) (2) (3) Amortization of prior service credits (11) (17) (5) (8) Recognized net actuarial gain (88) (56) (44) (28) Net periodic benefit (income)/cost ($5) $7  ($2) $4  Net periodic benefit cost included in (Loss)/earnings from operations $31  $39  $16  $20  Net periodic benefit income included in Other income, net (29) (29) (14) (14) Net periodic benefit cost included in (Loss)/earnings before income taxes $2  $10  $2  $6

v3.23.2

Share-Based Compensation and Other Compensation Arrangements	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation and Other Compensation Arrangements	Share-Based Compensation and Other Compensation Arrangements Restricted Stock Units On February 16, 2023, we granted 327,523 restricted stock units (RSU) to our executives as part of our long-term incentive program. The RSUs granted under this program have a grant date fair value of $214.35 per unit. The RSUs granted under this program will generally vest and settle in common stock (on a one-for-one basis) on the third anniversary of the grant date. If an executive terminates employment because of retirement, layoff, disability, or death, the executive (or beneficiary) may receive some or all of their stock units depending on certain age and service conditions. In all other cases, the RSUs will not vest and all rights to the stock units will terminate. Performance Restricted Stock Units On February 16, 2023, we granted 195,526 performance restricted stock units (PRSU) to our elected executive officers as part of our long-term incentive program. The PRSUs granted under this program have a grant date fair value of $214.35 per unit. The award payout can range from 0% to 200% of the initial PRSU grant based on cumulative free cash flow achievement over the period January 1, 2023 through December 31, 2025 as compared to goals set at the start of the performance period. The PRSUs granted under this program will vest at the payout amount and settle in common stock (on a one-for-one basis) on the third anniversary of the grant date. If an executive terminates employment because of retirement, layoff, disability, or death, the executive (or beneficiary) remains eligible under the award and, if the award is earned, may receive some or all of their stock units depending on certain age and service conditions. In all other cases, the PRSUs will not vest and all rights to the stock units will terminate.

v3.23.2

Shareholders' Equity	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
Shareholders' Equity	Shareholders' Equity Additional Paid-in Capital During the second quarter of 2023, Additional paid-in capital included a decrease of $267 largely related to a non-cash transaction to purchase shares in a consolidated subsidiary from the noncontrolling interests. Accumulated Other Comprehensive Loss Changes in Accumulated other comprehensive loss (AOCI) by component for the six and three months ended June 30, 2023 and 2022 were as follows: Currency Translation Adjustments Unrealized Gains and Losses on Certain Investments Unrealized Gains and Losses on Derivative Instruments Defined Benefit Pension Plans & Other Postretirement Benefits Total (1) Balance at January 1, 2022 ($105) $1  $6  ($11,561) ($11,659) Other comprehensive loss before reclassifications (52) (74) (126) Amounts reclassified from AOCI 30  (3) 268  (2) 298  Net current period Other comprehensive (loss)/income (52) (44) 268  172  Balance at June 30, 2022 ($157) $1  ($38) ($11,293) ($11,487) Balance at January 1, 2023 ($167) ($24) ($9,359) ($9,550) Other comprehensive income/(loss) before reclassifications 10  (25) (6) (21) Amounts reclassified from AOCI (2) (44) (46) Net current period Other comprehensive income/(loss) 10  (27) (50) (67) Balance at June 30, 2023 ($157)   ($51) ($9,409) ($9,617) Balance at March 31, 2022 ($81) $1  $135  ($11,425) ($11,370) Other comprehensive loss before reclassifications (76) (168) (244) Amounts reclassified from AOCI (5) 132  (2) 127  Net current period Other comprehensive (loss)/income (76) (173) 132  (117) Balance at June 30, 2022 ($157) $1  ($38) ($11,293) ($11,487) Balance at March 31, 2023 ($151)   ($11) ($9,388) ($9,550) Other comprehensive (loss)/income before reclassifications (6) (43) 1  (48) Amounts reclassified from AOCI 3  (22) (19) Net current period Other comprehensive loss (6) (40) (21) (67) Balance at June 30, 2023 ($157)   ($51) ($9,409) ($9,617) (1)     Net of tax. (2)    Primarily relates to amortization of actuarial losses for the six and three months ended June 30, 2022 totaling $314 and $155 (net of tax of ($84) and ($44)), which are included in the net periodic pension cost. (3)    Includes losses of $39 (net of tax of ($11)) from cash flow hedges reclassified to Other income, net because the forecasted transactions are probable of not occurring.

v3.23.2

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments Cash Flow Hedges Our cash flow hedges include foreign currency forward contracts, commodity swaps and commodity purchase contracts. We use foreign currency forward contracts to manage currency risk associated with certain transactions, specifically forecasted sales and purchases made in foreign currencies. Our foreign currency contracts hedge forecasted transactions through 2031. We use commodity derivatives, such as fixed-price purchase commitments and swaps to hedge against potentially unfavorable price changes for commodities used in production. Our commodity contracts hedge forecasted transactions through 2028. Derivative Instruments Not Receiving Hedge Accounting Treatment We have entered into agreements to purchase and sell aluminum to address long-term strategic sourcing objectives and non-U.S. business requirements. These agreements are derivative instruments for accounting purposes. The quantities of aluminum in these agreements offset and are priced at prevailing market prices. We also hold certain foreign currency forward contracts and commodity swaps which do not qualify for hedge accounting treatment. Notional Amounts and Fair Values The notional amounts and fair values of derivative instruments in the Condensed Consolidated Statements of Financial Position were as follows: Notional amounts (1) Other assets Accrued liabilities June 30 2023 December 31 2022 June 30 2023 December 31 2022 June 30 2023 December 31 2022 Derivatives designated as hedging instruments: Foreign exchange contracts $2,399  $2,815  $34  $23  ($85) ($122) Commodity contracts 568  602  89  115  (35) (9) Derivatives not receiving hedge accounting treatment: Foreign exchange contracts 458  462  6  5  (36) (42) Commodity contracts 163  412  2  (1) (1) Total derivatives $3,588  $4,291  $129  $145  ($157) ($174) Netting arrangements (33) (33) 33  33  Net recorded balance $96  $112  ($124) ($141) (1)Notional amounts represent the gross contract/notional amount of the derivatives outstanding. Gains/(losses) associated with our hedging transactions and forward points recognized in Other comprehensive (loss)/income are presented in the following table: Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Recognized in Other comprehensive (loss)/income, net of taxes: Foreign exchange contracts $11  ($104) $1  ($96) Commodity contracts (36) 30  (44) (72) Gains/(losses) associated with our hedging transactions and forward points reclassified from AOCI to earnings are presented in the following table: Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Foreign exchange contracts Costs and expenses ($6) $10  ($4) $5  General and administrative expense (23) (7) (12) (6) Commodity contracts Costs and expenses 27  7  10  6  General and administrative expense 5  2  3  1  During the six months ended June 30, 2022, we reclassified losses associated with certain cash flow hedges of $50 from AOCI to Other income, net because it was probable the forecasted transactions would not occur. Losses related to undesignated derivatives on foreign exchange and commodity cash flow hedging transactions recognized in Other income, net were insignificant for the six months ended June 30, 2023 and 2022. Based on our portfolio of cash flow hedges, we expect to reclassify losses of $22 (pre-tax) out of AOCI into earnings during the next 12 months. We have derivative instruments with credit-risk-related contingent features. If we default on our five-year credit facility, our derivative counterparties could require settlement for foreign exchange and certain commodity contracts with original maturities of at least five years. The fair value of those contracts in a net liability position at June 30, 2023 was $24. For other particular commodity contracts, our counterparties could require collateral posted in an amount determined by our credit ratings. At June 30, 2023, there was no collateral posted related to our derivatives.

v3.23.2

Fair Value Measurements	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level 1 refers to fair values determined based on quoted prices in active markets for identical assets. Level 2 refers to fair values estimated using significant other observable inputs and Level 3 includes fair values estimated using significant unobservable inputs. The following table presents our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy. June 30, 2023 December 31, 2022 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets Money market funds $1,679  $1,679  $1,797  $1,797  Available-for-sale debt investments: Commercial paper 254  $254  256  $256  Corporate notes 175  175  195  195  U.S. government agencies 70  70 47  47  Other equity investments 8  8  10  10  Derivatives 96  96  112  112  Total assets $2,282  $1,687  $595    $2,417  $1,807  $610    Liabilities Derivatives ($124) ($124) ($141) ($141) Other (2) ($2) Total liabilities ($126)   ($124) ($2) ($141) ($141) Money market funds, available-for-sale debt investments and equity securities are valued using a market approach based on the quoted market prices or broker/dealer quotes of identical or comparable instruments. Derivatives include foreign currency and commodity contracts. Our foreign currency forward contracts are valued using an income approach based on the present value of the forward rate less the contract rate multiplied by the notional amount. Commodity derivatives are valued using an income approach based on the present value of the commodity index prices less the contract rate multiplied by the notional amount. Certain assets have been measured at fair value on a nonrecurring basis using significant unobservable inputs (Level 3). The following table presents the nonrecurring losses recognized for the six months ended June 30 due to long-lived asset impairment and the fair value and asset classification of the related assets as of the impairment date: 2023 2022 Fair Value Total Losses Fair Value Total Losses Investments   ($11) ($31) Customer financing assets   $44  (2) Property, plant and equipment     (19) Other assets and Acquired intangible assets   (1) 1  (20) Total   ($12) $45  ($72) Investments, Property, plant and equipment, Other assets and Acquired intangible assets were primarily valued using an income approach based on the discounted cash flows associated with the underlying assets. The fair value of the impaired customer financing assets includes operating lease equipment and investments in sales type-leases/finance leases and is derived by calculating a median collateral value from a consistent group of third party aircraft value publications. The values provided by the third party aircraft publications are derived from their knowledge of market trades and other market factors. Management reviews the publications quarterly to assess the continued appropriateness and consistency with market trends. Under certain circumstances, we adjust values based on the attributes and condition of the specific aircraft or equipment, usually when the features or use of the aircraft vary significantly from the more generic aircraft attributes covered by third party publications, or on the expected net sales price for the aircraft. Fair Value Disclosures The fair values and related carrying values of financial instruments that are not required to be remeasured at fair value on the Condensed Consolidated Statements of Financial Position were as follows: June 30, 2023 Carrying Amount Total Fair Value Level 1 Level 2 Level 3 Assets Notes receivable, net $367  $374  $374  Liabilities Debt, excluding finance lease obligations (52,037) (49,345) (49,345) December 31, 2022 Carrying Amount Total Fair Value Level 1 Level 2 Level 3 Assets Notes receivable, net $385  $403  $403  Liabilities Debt, excluding finance lease obligations (56,794) (52,856) (52,856) The fair values of notes receivable are estimated with discounted cash flow analysis using interest rates currently offered on loans with similar terms to borrowers of similar credit quality. The fair value of our debt that is traded in the secondary market is classified as Level 2 and is based on current market yields. For our debt that is not traded in the secondary market, the fair value is classified as Level 2 and is based on our indicative borrowing cost derived from dealer quotes or discounted cash flows. The fair values of our debt classified as Level 3 are based on discounted cash flow models using the implied yield from similar securities. With regard to other financial instruments with off-balance sheet risk, it is not practicable to estimate the fair value of our indemnifications and financing commitments because the amount and timing of those arrangements are uncertain. Items not included in the above disclosures include cash, restricted cash, time deposits and other deposits, commercial paper, money market funds, Accounts receivable, Unbilled receivables, Other current assets, Accounts payable and long-term payables. The carrying values of those items, as reflected in the Condensed Consolidated Statements of Financial Position, approximate their fair value at June 30, 2023 and December 31, 2022. The fair value of assets and liabilities whose carrying value approximates fair value is determined using Level 2 inputs, with the exception of cash (Level 1).

v3.23.2

Legal Proceedings	6 Months Ended
	Jun. 30, 2023
Legal Proceedings [Abstract]
Legal Proceedings	Legal Proceedings Various legal proceedings, claims and investigations related to products, contracts, employment and other matters are pending against us. In addition, we are subject to various U.S. government inquiries and investigations from which civil, criminal or administrative proceedings could result or have resulted in the past. Such proceedings involve or could involve claims by the government for fines, penalties, compensatory and treble damages, restitution and/or forfeitures. Under government regulations, a company, or one or more of its operating divisions or subdivisions, can also be suspended or debarred from government contracts, or lose its export privileges, based on the results of investigations. Except as described below, we believe, based upon current information, that the outcome of any such legal proceeding, claim, or government dispute and investigation will not have a material effect on our financial position, results of operations or cash flows. Where it is reasonably possible that we will incur losses in excess of recorded amounts in connection with any of the matters set forth below, we will disclose either the amount or range of reasonably possible losses in excess of such amounts or, where no such amount or range can be reasonably estimated, the reasons why no such estimate can be made. Multiple legal actions have been filed against us as a result of the October 29, 2018 accident of Lion Air Flight 610 and the March 10, 2019 accident of Ethiopian Airlines Flight 302. In January 2021, we entered into a Deferred Prosecution Agreement with the U.S. Department of Justice that resolved the Department’s investigation into matters concerning the 737 MAX. We remain subject to obligations under this three-year agreement, including reporting requirements and ongoing oversight by the Department of Justice of the Company’s compliance program. While we have resolved a number of other investigations and cases related to the 737 MAX, we cannot reasonably estimate a range of loss, if any, not covered by available insurance that we may incur as a result of the remaining pending lawsuits or other matters related to the accidents and the 737 MAX. During 2019, we entered into agreements with Embraer S.A. (Embraer) to establish joint ventures that included the commercial aircraft and services operations of Embraer, of which we were expected to acquire an 80 percent ownership stake for $4,200, as well as a joint venture to promote and develop new markets for the C-390 Millennium. In 2020, we exercised our contractual right to terminate these agreements based on Embraer’s failure to meet certain required closing conditions. Embraer has disputed our right to terminate the agreements, and the dispute is currently in arbitration. We cannot reasonably estimate a range of loss, if any, that may result from the arbitration, which we currently expect to be completed in late 2023 or early 2024.

v3.23.2

Segment and Revenue Information	6 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Segment and Revenue Information	Segment and Revenue Information Segment results reflect the realignment of the Boeing Customer Financing team and portfolio into the BCA segment during the first quarter of 2023. Interest and debt expense now includes interest and debt expense previously attributable to Boeing Capital and classified as a component of Total Costs and Expenses ("Cost of Sales"). Prior period amounts have been reclassified to conform to the current period presentation. Our primary profitability measurement to review a segment’s operating results is (Loss)/earnings from operations. We operate in three reportable segments: BCA, BDS, and BGS. All other activities fall within Unallocated items, eliminations and other. See page 7 for the Summary of Business Segment Data, which is an integral part of this note. BCA develops, produces and markets commercial jet aircraft principally to the commercial airline industry worldwide. Revenue on commercial aircraft contracts is recognized at the point in time when an aircraft is completed and accepted by the customer. BDS engages in the research, development, production and modification of the following products and related services: manned and unmanned military aircraft and weapons systems, surveillance and engagement, strategic defense and intelligence systems, satellite systems and space exploration. BDS revenue is generally recognized over the contract term (over time) as costs are incurred. BGS provides parts, maintenance, modifications, logistics support, training, data analytics and information-based services to commercial and government customers worldwide. BGS segment revenue and costs include certain products and services provided to other segments. Revenue on commercial spare parts contracts is recognized at the point in time when a spare part is delivered to the customer. Revenue on other contracts is generally recognized over the contract term (over time) as costs are incurred. The following tables present BCA, BDS and BGS revenues from contracts with customers disaggregated in a number of ways, such as geographic location, contract type and the method of revenue recognition. We believe these best depict how the nature, amount, timing and uncertainty of our revenues and cash flows are affected by economic factors. BCA revenues by customer location consisted of the following: (Dollars in millions) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Revenue from contracts with customers: Europe $3,393  $2,254  $2,038  $1,220  Latin America and Caribbean 204  1,136  98  308  Asia 2,355  2,027  1,549  1,298  Middle East 1,466  1,088  750  770  Other non-U.S. 878  568  631  387  Total non-U.S. revenues 8,296  7,073  5,066  3,983  United States 7,175  3,363  3,740  2,238  Estimated potential concessions and other considerations to 737 MAX customers, net 26  (17) 26  17  Total revenues from contracts with customers 15,497  10,419  8,832  6,238  Intersegment revenues eliminated on consolidation 47  33  8  20  Total segment revenues $15,544  $10,452  $8,840  $6,258  Revenue recognized on fixed-price contracts 100  % 100  % 100  % 100  % Revenue recognized at a point in time 99  % 99  % 99  % 99  % BDS revenues on contracts with customers, based on the customer's location, consisted of the following: (Dollars in millions) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Revenue from contracts with customers: U.S. customers $10,338  $8,782  $5,028  $4,634  Non-U.S. customers(1) 2,368  2,892  1,139  1,557  Total segment revenue from contracts with customers $12,706  $11,674  $6,167  $6,191  Revenue recognized over time 99  % 99  % 99  % 99  % Revenue recognized on fixed-price contracts 59  % 62  % 57  % 61  % Revenue from the U.S. government(1) 90  % 89  % 90  % 89  % (1)Includes revenues earned from foreign military sales through the U.S. government. BGS revenues consisted of the following: (Dollars in millions) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Revenue from contracts with customers: Commercial $5,419  $4,637  $2,703  $2,361  Government 3,874  3,810  1,948  1,842  Total revenues from contracts with customers 9,293  8,447  4,651  4,203  Intersegment revenues eliminated on consolidation 173  165  95  95  Total segment revenues $9,466  $8,612  $4,746  $4,298  Revenue recognized at a point in time 51  % 49  % 51  % 49  % Revenue recognized on fixed-price contracts 87  % 88  % 87  % 88  % Revenue from the U.S. government(1) 31  % 34  % 31  % 33  % (1)Includes revenues earned from foreign military sales through the U.S. government. Backlog Our total backlog includes contracts that we and our customers are committed to perform. The value in backlog represents the estimated transaction prices on performance obligations to our customers for which work remains to be performed. Backlog is converted into revenue, primarily based on the cost incurred or at delivery and acceptance of products, depending on the applicable revenue recognition model. Our backlog at June 30, 2023 was $439,564. We expect approximately 26% to be converted to revenue through 2024 and approximately 77% through 2027, with the remainder thereafter. There is significant uncertainty regarding the timing of when backlog will convert into revenue due to timing of 737 and 787 deliveries from inventory and timing of entry into service of the 777X, 737-7 and/or 737-10. Unallocated Items, Eliminations and other Unallocated items, eliminations and other include common internal services that support Boeing’s global business operations and eliminations of certain sales between segments. We generally allocate costs to business segments based on the U.S. Government Cost Accounting Standards (CAS). Components of Unallocated items, eliminations and other (expense)/income are shown in the following table. Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Share-based plans ($38) ($108) $14  ($25) Deferred compensation (96) 166  (42) 124  Amortization of previously capitalized interest (47) (47) (24) (24) Research and development expense, net (149) (118) (73) (66) Eliminations and other unallocated items (466) (228) (211) (93) Unallocated items, eliminations and other ($796) ($335) ($336) ($84) Pension and Other Postretirement Benefit Expense Pension costs are allocated to BDS and BGS businesses supporting government customers using CAS, which employ different actuarial assumptions and accounting conventions than GAAP. These costs are allocable to government contracts. Other postretirement benefit costs are allocated to business segments based on CAS, which is generally based on benefits paid. FAS/CAS service cost adjustment represents the difference between the Financial Accounting Standards (FAS) pension and postretirement service costs calculated under GAAP and costs allocated to the business segments. Non-operating pension and postretirement expenses represent the components of net periodic benefit costs other than service cost. These expenses are included in Other income, net. Components of FAS/CAS service cost adjustment are shown in the following table: Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Pension FAS/CAS service cost adjustment $445  $413  $222  $205  Postretirement FAS/CAS service cost adjustment 137  154  69  79  FAS/CAS service cost adjustment $582  $567  $291  $284  Assets Segment assets are summarized in the table below: June 30 2023 December 31 2022 Commercial Airplanes $76,663  $76,825  Defense, Space & Security 15,011  14,426  Global Services 16,374  16,149  Unallocated items, eliminations and other 26,726  29,700  Total $134,774  $137,100  Assets included in Unallocated items, eliminations and other primarily consist of Cash and cash equivalents, Short-term and other investments, tax assets, capitalized interest and assets managed centrally on behalf of the three principal business segments and intercompany eliminations.

v3.23.2

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ (149)	$ 193	$ (563)	$ (1,026)

v3.23.2

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

v3.23.2

Basis of Presentation (Policy)	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Use of Estimates	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. Actual results could differ from those estimates.
Long-term Contracts	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 total sales and costs for a long-term contract, and/or contractual options that are probable of exercise, indicate a loss, a provision for the entire loss is recognized.
Earnings Per Share	Basic and diluted earnings per share are computed using the two-class method, which is an earnings allocation method that determines earnings per share for common shares and participating securities. The undistributed earnings are allocated between common shares and participating securities as if all earnings had been distributed during the period. Participating securities and common shares have equal rights to undistributed earnings. Basic earnings per share is calculated by taking net earnings, less earnings available to participating securities, divided by the basic weighted average common shares outstanding. Diluted earnings per share is calculated by taking net earnings, less earnings available to participating securities, divided by the diluted weighted average common shares outstanding.
Backlog	Our total backlog includes contracts that we and our customers are committed to perform. The value in backlog represents the estimated transaction prices on performance obligations to our customers for which work remains to be performed. Backlog is converted into revenue, primarily based on the cost incurred or at delivery and acceptance of products, depending on the applicable revenue recognition model.

v3.23.2

Summary of Business Segment Data (Tables)	6 Months Ended
	Jun. 30, 2023
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Schedule of Segment Reporting Information, by Segment	(Dollars in millions) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Revenues: Commercial Airplanes $15,544  $10,452  $8,840  $6,258  Defense, Space & Security 12,706  11,674  6,167  6,191  Global Services 9,466  8,612  4,746  4,298  Unallocated items, eliminations and other (44) (66) (2) (66) Total revenues $37,672  $30,672  $19,751  $16,681  (Loss)/earnings from operations: Commercial Airplanes ($998) ($1,116) ($383) ($219) Defense, Space & Security (739) (858) (527) 71  Global Services 1,703  1,360  856  728  Segment operating (loss)/earnings (34) (614) (54) 580  Unallocated items, eliminations and other (796) (335) (336) (84) FAS/CAS service cost adjustment 582  567  291  284  (Loss)/earnings from operations (248) (382) (99) 780  Other income, net 622  434  320  253  Interest and debt expense (1,270) (1,293) (621) (656) (Loss)/earnings before income taxes (896) (1,241) (400) 377  Income tax benefit/(expense) 322  159  251  (217) Net (loss)/earnings (574) (1,082) (149) 160  Less: net loss attributable to noncontrolling interest (11) (56)   (33) Net (loss)/earnings attributable to Boeing Shareholders ($563) ($1,026) ($149) $193

v3.23.2

Basis of Presentation (Tables)	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Change in Accounting Estimate	Net cumulative catch-up adjustments to prior periods' revenue and earnings, including certain losses, across all long-term contracts were as follows: (In millions - except per share amounts) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Decrease to Revenue ($782) ($885) ($470) ($273) Increase to (Loss)/(decrease) to earnings from operations ($1,348) ($1,541) ($830) ($411) Decrease to Diluted EPS ($1.43) ($2.27) ($0.51) ($0.29)

v3.23.2

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares	The elements used in the computation of basic and diluted (loss)/earnings per share were as follows: (In millions - except per share amounts) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Net (loss)/earnings available to common shareholders ($563) ($1,026) ($149) $193  Basic Basic weighted average shares outstanding 603.9  592.8  605.5  594.0  Less: participating securities(1) 0.3  0.3  0.3  0.3  Basic weighted average common shares outstanding 603.6  592.5  605.2  593.7  Diluted Basic weighted average shares outstanding 603.9  592.8  605.5  594.0  Dilutive potential common shares(2) 2.4  Diluted weighted average shares outstanding 603.9  592.8  605.5  596.4  Less: participating securities(1) 0.3  0.3  0.3  0.3  Diluted weighted average common shares outstanding 603.6  592.5  605.2  596.1  Net (loss)/earnings per share: Basic ($0.93) ($1.73) ($0.25) $0.32  Diluted (0.93) (1.73) (0.25) 0.32  (1)Participating securities include certain instruments in our deferred compensation plan. (2)Diluted (loss)/earnings per share includes any dilutive impact of stock options, restricted stock units, performance-based restricted stock units and performance awards.
Schedule of Weighted Average Number of Shares Outstanding Excluded from the Computation of Diluted Earnings Per Share	The following table represents potential common shares that were not included in the computation of diluted (loss)/earnings per share because the effect was antidilutive based on their strike price or the performance condition was not met. (Shares in millions) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Performance awards   1.9    2.3  Performance-based restricted stock units   0.4    0.4  Restricted stock units   1.2    2.0  Stock options 0.8  0.7  0.8  0.8

v3.23.2

Allowances for Losses on Financial Assets (Tables)	6 Months Ended
	Jun. 30, 2023
Allowance for Losses on Financial Assets [Abstract]
Schedule of Financial Assets, Allowance for Credit Loss	The changes in allowances for expected credit losses for the six months ended June 30, 2023 and 2022 consisted of the following: Accounts receivable Unbilled receivables Other current assets Customer financing Other assets Total Balance at January 1, 2022 ($390) ($91) ($62) ($18) ($186) ($747) Changes in estimates (5) 18  1  (42) (27) (55) Write-offs 242  47  133  422  Recoveries 5  5  Balance at June 30, 2022 ($148) ($26) ($61) ($60) ($80) ($375) Balance at January 1, 2023 ($116) ($23) ($85) ($55) ($88) ($367) Changes in estimates (5) 2  15  2  (12) 2  Write-offs 24  4  28  Recoveries 2  2  Balance at June 30, 2023 ($95) ($21) ($66) ($53) ($100) ($335)

v3.23.2

Inventories (Tables)	6 Months Ended
	Jun. 30, 2023
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	Inventories consisted of the following: June 30 2023 December 31 2022 Long-term contracts in progress $211  $582  Commercial aircraft programs 67,850  67,702  Capitalized precontract costs(1) 821  794  Commercial spare parts, used aircraft, general stock materials and other 9,440  9,073  Total $78,322  $78,151  (1) Capitalized precontract costs at June 30, 2023 and December 31, 2022 includes amounts related to KC-46A Tanker, Commercial Crew, and T-7 Production Options. See Note 9.

v3.23.2

Customer Financing (Tables)	6 Months Ended
	Jun. 30, 2023
Customer Financing [Abstract]
Schedule of Customer Financing	Customer financing consisted of the following: June 30 2023 December 31 2022 Financing receivables: Investment in sales-type/finance leases $673  $804  Notes 203  385  Total financing receivables 876  1,189  Less allowance for losses on receivables 53  55  Financing receivables, net 823  1,134  Operating lease equipment, at cost, less accumulated depreciation of $69 and $76 367  470  Total $1,190  $1,604
Financing Receivable Credit Quality Indicators	Our financing receivable balances at June 30, 2023 by internal credit rating category and year of origination consisted of the following: Rating categories Current 2022 2021 2020 2019 Prior Total BBB $33  $33  BB $47  $33  $209  $107  $38  155  589  B 17  17  CCC 10  35  192  237  Total carrying value of financing receivables $57  $33  $244  $107  $55  $380  $876
Schedule of Customer Financing Carrying Values Related to Major Aircraft Concentrations	The majority of our gross customer financing portfolio is concentrated in the following aircraft models: June 30 2023 December 31 2022 717 Aircraft ($0 and $45 accounted for as operating leases) $495  $563  747-8 Aircraft (accounted for as sales-type/finance leases) 217  394  737 Aircraft ($151 and $174 accounted for as operating leases) 171  186  777 Aircraft (accounted for as operating leases) 202  209  MD-80 Aircraft (accounted for as sales-type/finance leases) 96  757 Aircraft (accounted for as sales-type/finance leases) 98  107  747-400 Aircraft (accounted for as sales-type/finance leases) 44  46

v3.23.2

Investments (Tables)	6 Months Ended
	Jun. 30, 2023
Investments [Abstract]
Schedule of Investments	Our investments, which are recorded in Short-term and other investments or Investments, consisted of the following: June 30 2023 December 31 2022 Equity method investments (1) $993  $948  Time deposits 5,988  2,093  Available-for-sale debt investments 499  479  Equity and other investments 32  36  Restricted cash & cash equivalents(2) 21  33  Total $7,533  $3,589  (1)Dividends received were $5 during the six and three months ended June 30, 2023 and $43 and $16 during the same periods in prior year. (2)Reflects amounts restricted in support of our property sales, workers’ compensation programs, and insurance premiums.

v3.23.2

Liabilities, Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Schedule of 737 Max Customer Concessions and Other Considerations Liability	The following table summarizes changes in the 737 MAX customer concessions and other considerations liability during the six months ended June 30, 2023 and 2022. 2023 2022 Beginning balance – January 1 $1,864  $2,940  Reductions for payments made (273) (844) Reductions for concessions and other in-kind considerations (51) (5) Changes in estimates (26) 17  Ending balance – June 30 $1,514  $2,108
Schedule of Environmental Remediation Activity	The following table summarizes changes in environmental remediation liabilities during the six months ended June 30, 2023 and 2022. 2023 2022 Beginning balance – January 1 $752  $605  Reductions for payments made, net of recoveries (24) (11) Changes in estimates 72  131  Ending balance – June 30 $800  $725
Schedule of Product Warranty Activity	The following table summarizes changes in product warranty liabilities recorded during the six months ended June 30, 2023 and 2022. 2023 2022 Beginning balance – January 1 $2,275  $1,900  Additions for current year deliveries 92  89  Reductions for payments made (179) (220) Changes in estimates 338  261  Ending balance – June 30 $2,526  $2,030
Schedule of Contractual Obligation, Fiscal Year Maturity	The estimated earliest potential funding dates for these commitments as of June 30, 2023 are as follows: Total July through December 2023 $913  2024 2,871  2025 3,407  2026 4,798  2027 2,161  Thereafter 2,273  $16,423

v3.23.2

Arrangements with Off-Balance Sheet Risk (Tables)	6 Months Ended
	Jun. 30, 2023
Guarantees [Abstract]
Schedule of Guarantor Obligations	The following table provides quantitative data regarding our third party guarantees. The maximum potential payments represent a “worst-case scenario” and do not necessarily reflect amounts that we expect to pay. The carrying amount of liabilities represents the amount included in Accrued liabilities. Maximum Potential Payments Estimated Proceeds from Collateral/Recourse Carrying Amount of  Liabilities June 30 2023 December 31 2022 June 30 2023 December 31 2022 June 30 2023 December 31 2022 Contingent repurchase commitments $466  $514  $466  $514  Credit guarantees 15  45    $14  $27

v3.23.2

Postretirement Plans (Tables)	6 Months Ended
	Jun. 30, 2023
Retirement Benefits [Abstract]
Components of Net Periodic Benefit Cost	The components of net periodic benefit (income)/cost were as follows: Six months ended June 30 Three months ended June 30 Pension Plans 2023 2022 2023 2022 Service cost $2  $2  $1  $1  Interest cost 1,410  1,041  705  521  Expected return on plan assets (1,720) (1,895) (859) (948) Amortization of prior service credits (41) (41) (21) (21) Recognized net actuarial loss 83  454  41  227  Net periodic benefit income ($266) ($439) ($133) ($220) Net periodic benefit cost included in (Loss)/earnings from operations $2  $2  $1  $1  Net periodic benefit income included in Other income, net (268) (441) (134) (221) Net periodic benefit income included in (Loss)/earnings before income taxes ($266) ($439) ($133) ($220) Six months ended June 30 Three months ended June 30 Other Postretirement Plans 2023 2022 2023 2022 Service cost $24  $36  $12  $18  Interest cost 74  49  37  25  Expected return on plan assets (4) (5) (2) (3) Amortization of prior service credits (11) (17) (5) (8) Recognized net actuarial gain (88) (56) (44) (28) Net periodic benefit (income)/cost ($5) $7  ($2) $4  Net periodic benefit cost included in (Loss)/earnings from operations $31  $39  $16  $20  Net periodic benefit income included in Other income, net (29) (29) (14) (14) Net periodic benefit cost included in (Loss)/earnings before income taxes $2  $10  $2  $6

v3.23.2

Shareholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	Changes in Accumulated other comprehensive loss (AOCI) by component for the six and three months ended June 30, 2023 and 2022 were as follows: Currency Translation Adjustments Unrealized Gains and Losses on Certain Investments Unrealized Gains and Losses on Derivative Instruments Defined Benefit Pension Plans & Other Postretirement Benefits Total (1) Balance at January 1, 2022 ($105) $1  $6  ($11,561) ($11,659) Other comprehensive loss before reclassifications (52) (74) (126) Amounts reclassified from AOCI 30  (3) 268  (2) 298  Net current period Other comprehensive (loss)/income (52) (44) 268  172  Balance at June 30, 2022 ($157) $1  ($38) ($11,293) ($11,487) Balance at January 1, 2023 ($167) ($24) ($9,359) ($9,550) Other comprehensive income/(loss) before reclassifications 10  (25) (6) (21) Amounts reclassified from AOCI (2) (44) (46) Net current period Other comprehensive income/(loss) 10  (27) (50) (67) Balance at June 30, 2023 ($157)   ($51) ($9,409) ($9,617) Balance at March 31, 2022 ($81) $1  $135  ($11,425) ($11,370) Other comprehensive loss before reclassifications (76) (168) (244) Amounts reclassified from AOCI (5) 132  (2) 127  Net current period Other comprehensive (loss)/income (76) (173) 132  (117) Balance at June 30, 2022 ($157) $1  ($38) ($11,293) ($11,487) Balance at March 31, 2023 ($151)   ($11) ($9,388) ($9,550) Other comprehensive (loss)/income before reclassifications (6) (43) 1  (48) Amounts reclassified from AOCI 3  (22) (19) Net current period Other comprehensive loss (6) (40) (21) (67) Balance at June 30, 2023 ($157)   ($51) ($9,409) ($9,617) (1)     Net of tax. (2)    Primarily relates to amortization of actuarial losses for the six and three months ended June 30, 2022 totaling $314 and $155 (net of tax of ($84) and ($44)), which are included in the net periodic pension cost. (3)    Includes losses of $39 (net of tax of ($11)) from cash flow hedges reclassified to Other income, net because the forecasted transactions are probable of not occurring.

v3.23.2

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The notional amounts and fair values of derivative instruments in the Condensed Consolidated Statements of Financial Position were as follows: Notional amounts (1) Other assets Accrued liabilities June 30 2023 December 31 2022 June 30 2023 December 31 2022 June 30 2023 December 31 2022 Derivatives designated as hedging instruments: Foreign exchange contracts $2,399  $2,815  $34  $23  ($85) ($122) Commodity contracts 568  602  89  115  (35) (9) Derivatives not receiving hedge accounting treatment: Foreign exchange contracts 458  462  6  5  (36) (42) Commodity contracts 163  412  2  (1) (1) Total derivatives $3,588  $4,291  $129  $145  ($157) ($174) Netting arrangements (33) (33) 33  33  Net recorded balance $96  $112  ($124) ($141) (1)Notional amounts represent the gross contract/notional amount of the derivatives outstanding.
Schedule of Derivative Instruments, Gains/(Losses) in Statement of Financial Performance	Gains/(losses) associated with our hedging transactions and forward points recognized in Other comprehensive (loss)/income are presented in the following table: Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Recognized in Other comprehensive (loss)/income, net of taxes: Foreign exchange contracts $11  ($104) $1  ($96) Commodity contracts (36) 30  (44) (72)
Reclassification Out of Accumulated Other Comprehensive Income	Gains/(losses) associated with our hedging transactions and forward points reclassified from AOCI to earnings are presented in the following table: Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Foreign exchange contracts Costs and expenses ($6) $10  ($4) $5  General and administrative expense (23) (7) (12) (6) Commodity contracts Costs and expenses 27  7  10  6  General and administrative expense 5  2  3  1

v3.23.2

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy. June 30, 2023 December 31, 2022 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets Money market funds $1,679  $1,679  $1,797  $1,797  Available-for-sale debt investments: Commercial paper 254  $254  256  $256  Corporate notes 175  175  195  195  U.S. government agencies 70  70 47  47  Other equity investments 8  8  10  10  Derivatives 96  96  112  112  Total assets $2,282  $1,687  $595    $2,417  $1,807  $610    Liabilities Derivatives ($124) ($124) ($141) ($141) Other (2) ($2) Total liabilities ($126)   ($124) ($2) ($141) ($141)
Fair Value, Assets Measured on Nonrecurring Basis Using Unobservable Inputs	The following table presents the nonrecurring losses recognized for the six months ended June 30 due to long-lived asset impairment and the fair value and asset classification of the related assets as of the impairment date: 2023 2022 Fair Value Total Losses Fair Value Total Losses Investments   ($11) ($31) Customer financing assets   $44  (2) Property, plant and equipment     (19) Other assets and Acquired intangible assets   (1) 1  (20) Total   ($12) $45  ($72)
Fair Values and Related Carrying Values of Financial Instruments	The fair values and related carrying values of financial instruments that are not required to be remeasured at fair value on the Condensed Consolidated Statements of Financial Position were as follows: June 30, 2023 Carrying Amount Total Fair Value Level 1 Level 2 Level 3 Assets Notes receivable, net $367  $374  $374  Liabilities Debt, excluding finance lease obligations (52,037) (49,345) (49,345) December 31, 2022 Carrying Amount Total Fair Value Level 1 Level 2 Level 3 Assets Notes receivable, net $385  $403  $403  Liabilities Debt, excluding finance lease obligations (56,794) (52,856) (52,856)

v3.23.2

Segment and Revenue Information (Tables)	6 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Schedule of Disaggregation of Revenue	BCA revenues by customer location consisted of the following: (Dollars in millions) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Revenue from contracts with customers: Europe $3,393  $2,254  $2,038  $1,220  Latin America and Caribbean 204  1,136  98  308  Asia 2,355  2,027  1,549  1,298  Middle East 1,466  1,088  750  770  Other non-U.S. 878  568  631  387  Total non-U.S. revenues 8,296  7,073  5,066  3,983  United States 7,175  3,363  3,740  2,238  Estimated potential concessions and other considerations to 737 MAX customers, net 26  (17) 26  17  Total revenues from contracts with customers 15,497  10,419  8,832  6,238  Intersegment revenues eliminated on consolidation 47  33  8  20  Total segment revenues $15,544  $10,452  $8,840  $6,258  Revenue recognized on fixed-price contracts 100  % 100  % 100  % 100  % Revenue recognized at a point in time 99  % 99  % 99  % 99  % BDS revenues on contracts with customers, based on the customer's location, consisted of the following: (Dollars in millions) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Revenue from contracts with customers: U.S. customers $10,338  $8,782  $5,028  $4,634  Non-U.S. customers(1) 2,368  2,892  1,139  1,557  Total segment revenue from contracts with customers $12,706  $11,674  $6,167  $6,191  Revenue recognized over time 99  % 99  % 99  % 99  % Revenue recognized on fixed-price contracts 59  % 62  % 57  % 61  % Revenue from the U.S. government(1) 90  % 89  % 90  % 89  % (1)Includes revenues earned from foreign military sales through the U.S. government. BGS revenues consisted of the following: (Dollars in millions) Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Revenue from contracts with customers: Commercial $5,419  $4,637  $2,703  $2,361  Government 3,874  3,810  1,948  1,842  Total revenues from contracts with customers 9,293  8,447  4,651  4,203  Intersegment revenues eliminated on consolidation 173  165  95  95  Total segment revenues $9,466  $8,612  $4,746  $4,298  Revenue recognized at a point in time 51  % 49  % 51  % 49  % Revenue recognized on fixed-price contracts 87  % 88  % 87  % 88  % Revenue from the U.S. government(1) 31  % 34  % 31  % 33  % (1)Includes revenues earned from foreign military sales through the U.S. government.
Schedule of Segment, Reconciliation of Other Items from Segments to Consolidated	Components of Unallocated items, eliminations and other (expense)/income are shown in the following table. Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Share-based plans ($38) ($108) $14  ($25) Deferred compensation (96) 166  (42) 124  Amortization of previously capitalized interest (47) (47) (24) (24) Research and development expense, net (149) (118) (73) (66) Eliminations and other unallocated items (466) (228) (211) (93) Unallocated items, eliminations and other ($796) ($335) ($336) ($84)
Components of Financial Accounting Standards and Cost Accounting Standards Adjustment	Components of FAS/CAS service cost adjustment are shown in the following table: Six months ended June 30 Three months ended June 30 2023 2022 2023 2022 Pension FAS/CAS service cost adjustment $445  $413  $222  $205  Postretirement FAS/CAS service cost adjustment 137  154  69  79  FAS/CAS service cost adjustment $582  $567  $291  $284
Reconciliation of Assets from Segment to Consolidated	Segment assets are summarized in the table below: June 30 2023 December 31 2022 Commercial Airplanes $76,663  $76,825  Defense, Space & Security 15,011  14,426  Global Services 16,374  16,149  Unallocated items, eliminations and other 26,726  29,700  Total $134,774  $137,100

v3.23.2

Summary of Business Segment Data - Schedule of Segment Reporting Information, by Segment (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information [Line Items]
Total revenues	$ 19,751	$ 16,681	$ 37,672	$ 30,672
(Loss)/earnings from operations	(99)	780	(248)	(382)
Other income, net	320	253	622	434
Interest and debt expense	(621)	(656)	(1,270)	(1,293)
(Loss)/earnings before income taxes	(400)	377	(896)	(1,241)
Income tax benefit/(expense)	251	(217)	322	159
Net (loss)/earnings	(149)	160	(574)	(1,082)
Less: net loss attributable to noncontrolling interest		(33)	(11)	(56)
Net (loss)/earnings attributable to Boeing Shareholders	(149)	193	(563)	(1,026)
Operating Segments
Segment Reporting Information [Line Items]
(Loss)/earnings from operations	(54)	580	(34)	(614)
Operating Segments | Commercial Airplanes
Segment Reporting Information [Line Items]
Total revenues	8,840	6,258	15,544	10,452
(Loss)/earnings from operations	(383)	(219)	(998)	(1,116)
Operating Segments | Defense, Space & Security
Segment Reporting Information [Line Items]
Total revenues	6,167	6,191	12,706	11,674
(Loss)/earnings from operations	(527)	71	(739)	(858)
Operating Segments | Global Services
Segment Reporting Information [Line Items]
Total revenues	4,746	4,298	9,466	8,612
(Loss)/earnings from operations	856	728	1,703	1,360
Unallocated items, eliminations and other
Segment Reporting Information [Line Items]
Total revenues	(2)	(66)	(44)	(66)
Unallocated items, eliminations and other	(336)	(84)	(796)	(335)
FAS/CAS service cost adjustment	$ 291	$ 284	$ 582	$ 567

v3.23.2

Basis of Presentation - Schedule of Change in Accounting Estimate (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Decrease to Revenue	$ (470)	$ (273)	$ (782)	$ (885)
Increase to (Loss)/(decrease) to earnings from operations	$ (830)	$ (411)	$ (1,348)	$ (1,541)
Decrease to Diluted EPS (in dollars per share)	$ (0.51)	$ (0.29)	$ (1.43)	$ (2.27)

v3.23.2

Earnings Per Share - Schedule of Weighted Average Number of Shares (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Net (loss)/earnings available to common shareholders	$ (149)	$ 193	$ (563)	$ (1,026)
Weighted average number of shares issued, basic (in shares)	605.5	594.0	603.9	592.8
Participating securities (in shares)	0.3	0.3	0.3	0.3
Weighted average number of shares issued, basic (in shares)	605.2	593.7	603.6	592.5
Dilutive potential common shares (in shares)		2.4
Diluted weighted average shares outstanding (in shares)	605.5	596.4	603.9	592.8
Participating securities (in shares)	0.3	0.3	0.3	0.3
Weighted average diluted shares (millions) (in shares)	605.2	596.1	603.6	592.5
Basic (loss)/earnings per share (in dollars per share)	$ (0.25)	$ 0.32	$ (0.93)	$ (1.73)
Diluted (loss)/earnings per share (in dollars per share)	$ (0.25)	$ 0.32	$ (0.93)	$ (1.73)

v3.23.2

Earnings Per Share - Schedule of Weighted Average Number of Shares Outstanding Excluded from the Computation of Diluted Earnings Per Share (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation of diluted earnings (in shares)	5.5		5.4	3.0
Performance awards | Antidilutive or Performance Condition not met
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation of diluted earnings (in shares)		2.3		1.9
Performance-based restricted stock units | Antidilutive or Performance Condition not met
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation of diluted earnings (in shares)		0.4		0.4
Restricted stock units | Antidilutive or Performance Condition not met
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation of diluted earnings (in shares)		2.0		1.2
Stock options | Antidilutive or Performance Condition not met
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation of diluted earnings (in shares)	0.8	0.8	0.8	0.7

v3.23.2

Earnings Per Share - Narrative (Details) - shares shares in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Shares excluded from the computation of diluted earnings (in shares)	5.5	5.4	3.0

v3.23.2

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Valuation Allowance [Line Items]
Effective income tax rate	62.80%	35.90%	12.80%
Valuation allowance				$ 3,162
Decrease in unrecognized tax benefits is reasonably possible	$ 620	$ 620
Minimum
Valuation Allowance [Line Items]
Deferred tax liability, valuation allowance measurement duration				5 years
Deferred tax asset, valuation allowance measurement duration				15 years
Maximum
Valuation Allowance [Line Items]
Deferred tax liability, valuation allowance measurement duration				10 years
Deferred tax asset, valuation allowance measurement duration				20 years

v3.23.2

Allowances for Losses on Financial Assets - Schedule of Financial Assets, Allowance for Credit Loss (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Contract with Customer, Asset, Allowance for Credit Loss [Roll Forward]
Account receivable, allowance for credit loss, beginning balance	$ (116)	$ (390)
Unbilled receivables, allowance for credit loss, beginning balance	(23)	(91)
Allowance for credit loss, beginning balance	(367)	(747)
Customer financing, allowance for credit loss, beginning balance	(55)	(18)
Accounts receivable, changes in estimates	(5)	(5)
Unbilled receivables, changes in estimates	2	18
Changes in estimates	2	(55)
Customer financing, changes in estimates, rounding	2
Customer financing, changes in estimates	3	(42)
Accounts receivable, write-offs	24	242
Unbilled receivables, write-offs		47
Write-offs	28	422
Accounts receivable, recovery	2	5
Recoveries	2	5
Account receivable, allowance for credit loss, ending balance	(95)	(148)
Unbilled receivables, allowance for credit loss, ending balance	(21)	(26)
Customer financing, allowance for credit loss, ending balance	(53)	(60)
Allowance for credit loss, ending balance	(335)	(375)
Other current assets
Contract with Customer, Asset, Allowance for Credit Loss [Roll Forward]
Allowance for credit loss, beginning balance	(85)	(62)
Changes in estimates	15	1
Write-offs	4
Allowance for credit loss, ending balance	(66)	(61)
Other assets
Contract with Customer, Asset, Allowance for Credit Loss [Roll Forward]
Allowance for credit loss, beginning balance	(88)	(186)
Changes in estimates	(12)	(27)
Write-offs		133
Allowance for credit loss, ending balance	$ (100)	$ (80)

v3.23.2

Inventories - Schedule of Inventory, Current (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Long-term contracts in progress	$ 211	$ 582
Commercial aircraft programs	67,850	67,702
Capitalized precontract costs	821	794
Commercial spare parts, used aircraft, general stock materials and other	9,440	9,073
Total	$ 78,322	$ 78,151

v3.23.2

Inventories - Narrative (Details) $ in Millions	6 Months Ended
	Jun. 30, 2023 USD ($) aircraft	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) aircraft
Early Issue Sales Consideration
Inventory [Line Items]
Inventory subject to uncertainty	$ 3,625		$ 3,586
Airplane Program 737
Inventory [Line Items]
Number of commercial aircraft program | aircraft	220		250
Deferred production costs	$ 4,739		$ 2,955
Unamortized tooling and other non-recurring costs	591		$ 626
Deferred production, unamortized tooling and other nonrecurring costs to be recovered from firm orders at the balance sheet date	5,297
Deferred production, unamortized tooling and other nonrecurring costs to be recovered from future orders	$ 33
Airplane Program 787
Inventory [Line Items]
Number of commercial aircraft program | aircraft	85		100
Deferred production costs	$ 12,193		$ 12,689
Unamortized tooling and other non-recurring costs	1,600		1,722
Deferred production, unamortized tooling and other nonrecurring costs to be recovered from firm orders at the balance sheet date	11,823
Deferred production, unamortized tooling and other nonrecurring costs to be recovered from future orders	1,970
Abnormal production costs	693	$ 595
Supplier advances	1,765		1,831
Airplane Program 777x
Inventory [Line Items]
Deferred production costs	1,385		1,330
Unamortized tooling and other non-recurring costs	3,868		3,774
Inventory, work in process	4,226		$ 4,059
Abnormal production costs	$ 262	$ 102

v3.23.2

Contracts with Customers - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Unbilled receivables, net	$ 9,357		$ 9,357		$ 8,634
Advances and progress billings	55,310		55,310		$ 53,081
Contract with customer, liability, revenue recognized	$ 4,004	$ 3,413	$ 7,885	$ 6,814

v3.23.2

Customer Financing - Schedule of Customer Financing (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Customer Financing [Abstract]
Investment in sales-type/finance leases	$ 673	$ 804
Notes	203	385
Total financing receivables	876	1,189
Less allowance for losses on receivables	53	55	$ 60	$ 18
Financing receivables, net	823	1,134
Operating lease equipment, at cost, less accumulated depreciation of $69 and $76	367	470
Total	1,190	1,604
Operating lease equipment, accumulated depreciation	$ 69	$ 76

v3.23.2

Customer Financing - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Customer Financing [Line Items]
Financing receivable, nonaccrual, no allowance	$ 238		$ 238		$ 405
Sales-type and direct financing leases, lease income	14	$ 18	29	$ 36
Operating lease, lease income	$ 16	$ 17	$ 27	$ 32
Operating lease, lease income, statement of income or comprehensive income [Extensible Enumeration]	Total revenues	Total revenues	Total revenues	Total revenues
Operating lease, variable lease income	$ 1	$ 1	$ 1	$ 5
Sales-type and direct financing leases, profit (loss)	8	8	20	12
Financing receivable, nonaccrual, interest income	$ 58	$ 3	$ 62	$ 6
Minimum
Customer Financing [Line Items]
Lessee, finance lease, term of contract (in years)	1 year		1 year
Maximum
Customer Financing [Line Items]
Lessee, finance lease, term of contract (in years)	12 years		12 years
CCC
Customer Financing [Line Items]
Percentage of credit default rates applied to customers	100.00%		100.00%
B
Customer Financing [Line Items]
Percentage of credit default rates applied to customers	0.00%		0.00%
BB
Customer Financing [Line Items]
Percentage of credit default rates applied to customers	2.70%		2.70%
BBB
Customer Financing [Line Items]
Percentage of credit default rates applied to customers	0.10%		0.10%

v3.23.2

Customer Financing - Financing Receivable Credit Quality Indicators (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Current	$ 57
2022	33
2021	244
2020	107
2019	55
Prior	380
Total financing receivables	876	$ 1,189
BBB
Financing Receivable, Credit Quality Indicator [Line Items]
Current
2022
2021
2020
2019
Prior	33
Total financing receivables	33
BB
Financing Receivable, Credit Quality Indicator [Line Items]
Current	47
2022	33
2021	209
2020	107
2019	38
Prior	155
Total financing receivables	589
B
Financing Receivable, Credit Quality Indicator [Line Items]
Current
2022
2021
2020
2019	17
Prior
Total financing receivables	17
CCC
Financing Receivable, Credit Quality Indicator [Line Items]
Current	10
2022
2021	35
2020
2019
Prior	192
Total financing receivables	$ 237

v3.23.2

Customer Financing - Schedule of Customer Financing Carrying Values Related to Major Aircraft Concentrations (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Customer Financing [Line Items]
Operating lease equipment	$ 367	$ 470
B-717
Customer Financing [Line Items]
Gross customer financing	495	563
Operating lease equipment	0	45
B747-8
Customer Financing [Line Items]
Gross customer financing	217	394
B-737
Customer Financing [Line Items]
Gross customer financing	171	186
Operating lease equipment	151	174
B-777
Customer Financing [Line Items]
Gross customer financing	202	209
MD 80 Aircraft
Customer Financing [Line Items]
Gross customer financing		96
B-757
Customer Financing [Line Items]
Gross customer financing	98	107
B747-400
Customer Financing [Line Items]
Gross customer financing	$ 44	$ 46

v3.23.2

Investments - Schedule of Investments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Investments [Abstract]
Equity method investments	$ 993		$ 993		$ 948
Time deposits	5,988		5,988		2,093
Available-for-sale debt investments	499		499		479
Equity and other investments	32		32		36
Restricted cash & cash equivalents	21	$ 41	21	$ 41	33
Total	7,533		7,533		$ 3,589
Dividends received	$ 5	$ 16	$ 5	$ 43

v3.23.2

Liabilities, Commitments and Contingencies - Schedule of 737 Max Customer Concessions and Other Considerations Liability (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Customer Concession And Other Consideration Liability [Roll Forward]
Ending balance – June 30	$ 1,500
B-737
Customer Concession And Other Consideration Liability [Roll Forward]
Beginning balance – January 1	1,864	$ 2,940
Reductions for payments made	(273)	(844)
Reductions for concessions and other in-kind considerations	(51)	(5)
Changes in estimates	(26)	17
Ending balance – June 30	$ 1,514	$ 2,108

v3.23.2

Liabilities, Commitments and Contingencies - Narrative (Details) $ in Millions	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2023 USD ($) aircraft lot	Mar. 31, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) aircraft lot	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2018 USD ($) simulator aircraft lot	Sep. 30, 2018 USD ($) aircraft	Dec. 31, 2011 tanker aircraft lot
Commitments And Contingencies [Line Items]
737 MAX customer concessions and other considerations liability	$ 1,500			$ 1,500
Loss contingency, range of possible loss, portion not accrued	1,045			1,045		$ 1,058
Contingent liabilities on outstanding letters of credit agreements and surety bonds	5,006			5,006		5,070
Supplier finance program, obligation	2,600			2,600		2,500
Increase to (Loss)/(decrease) to earnings from operations	$ 830		$ 411	$ 1,348	$ 1,541
Number of annual production lot | lot									13
Minimum | Supplier Finance Program, Majority of Amounts Payable
Commitments And Contingencies [Line Items]
Supplier finance program, payment timing, period	30 days			30 days
Maximum
Commitments And Contingencies [Line Items]
Supplier finance program, payment timing, period	12 months			12 months
Maximum | Supplier Finance Program, Majority of Amounts Payable
Commitments And Contingencies [Line Items]
Supplier finance program, payment timing, period	90 days			90 days
VC-25B
Commitments And Contingencies [Line Items]
Contract value	$ 4,300			$ 4,300
Number of commercial aircraft | aircraft	2			2
Increase to (Loss)/(decrease) to earnings from operations						1,452
KC-46A Tanker
Commitments And Contingencies [Line Items]
Contract value	$ 24,000			$ 24,000
Increase to (Loss)/(decrease) to earnings from operations		$ 245				1,374
Number of generation aerial refueling tanker | tanker									4
Number of aircraft | aircraft	124			124					179
Number of low rate initial production lot | lot	9			9
KC-46A Tanker | Capitalized Precontract Costs
Commitments And Contingencies [Line Items]
Capitalized precontract costs	$ 167			$ 167
KC-46A Tanker | Potential Termination Liabilities
Commitments And Contingencies [Line Items]
Capitalized precontract costs	143			143
MQ-25
Commitments And Contingencies [Line Items]
Contract value								$ 890
Increase to (Loss)/(decrease) to earnings from operations	68					579
Number of aircraft | aircraft								7
T-7A EMD
Commitments And Contingencies [Line Items]
Contract value							$ 860
Increase to (Loss)/(decrease) to earnings from operations						203
Number of aircraft | aircraft							5
Number of simulator | simulator							7
Services probable of being exercised, number of aircrafts | aircraft							346
T-7A Production
Commitments And Contingencies [Line Items]
Increase to (Loss)/(decrease) to earnings from operations	189					552
Number of annual production lot | lot							11
T-7A Production | Capitalized Precontract Costs
Commitments And Contingencies [Line Items]
Capitalized precontract costs	97			97
T-7A Production | Potential Termination Liabilities
Commitments And Contingencies [Line Items]
Capitalized precontract costs	391			391
Commercial Crew
Commitments And Contingencies [Line Items]
Increase to (Loss)/(decrease) to earnings from operations	257					288
Commercial Crew | Capitalized Precontract Costs
Commitments And Contingencies [Line Items]
Capitalized precontract costs	189			189
Commercial Crew | Potential Termination Liabilities
Commitments And Contingencies [Line Items]
Capitalized precontract costs	198			198
Financing Commitment
Commitments And Contingencies [Line Items]
Other commitment	16,423			16,423		16,105
Joint Venture
Commitments And Contingencies [Line Items]
Other commitment	$ 293			$ 293
Other commitment, period	5 years			5 years
Total Contractual Trade-In Commitment | Commercial Aircraft Commitments
Commitments And Contingencies [Line Items]
Other commitment	$ 1,455			$ 1,455		1,117
Net Amounts Payable to Customers Related to Probable Contractual Trade-In Commitments | Commercial Aircraft Commitments
Commitments And Contingencies [Line Items]
Other commitment	302			302		286
Fair Value of Trade in Value of Aircraft | Commercial Aircraft Commitments
Commitments And Contingencies [Line Items]
Other commitment	302			302		$ 286
2023
Commitments And Contingencies [Line Items]
Changes in estimates				200
Future Years
Commitments And Contingencies [Line Items]
Changes in estimates				400
Contracted Customer Concessions & Other Considerations Liability
Commitments And Contingencies [Line Items]
737 MAX customer concessions and other considerations liability	1,300			1,300
Contingent on Customer Negotiations
Commitments And Contingencies [Line Items]
737 MAX customer concessions and other considerations liability	200			200
Lower Customer Delivery Payments
Commitments And Contingencies [Line Items]
737 MAX customer concessions and other considerations liability	600			600
Cash Payments to Customers
Commitments And Contingencies [Line Items]
737 MAX customer concessions and other considerations liability	600			600
Customer Concessions
Commitments And Contingencies [Line Items]
737 MAX customer concessions and other considerations liability	$ 100			$ 100

v3.23.2

Liabilities, Commitments and Contingencies - Schedule of Environmental Remediation Activity (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Environmental [Roll Forward]
Beginning balance – January 1	$ 752	$ 605
Reductions for payments made, net of recoveries	(24)	(11)
Changes in estimates	72	131
Ending balance – June 30	$ 800	$ 725

v3.23.2

Liabilities, Commitments and Contingencies - Schedule of Product Warranty Activity (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Product Warranties [Roll Forward]
Beginning balance – January 1	$ 2,275	$ 1,900
Additions for current year deliveries	92	89
Reductions for payments made	(179)	(220)
Changes in estimates	338	261
Ending balance – June 30	$ 2,526	$ 2,030

v3.23.2

Liabilities, Commitments and Contingencies - Schedule of Contractual Obligation, Fiscal Year Maturity (Details) - Financing Commitment - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Financing Commitments [Line Items]
July through December 2023	$ 913
2024	2,871
2025	3,407
2026	4,798
2027	2,161
Thereafter	2,273
Total	$ 16,423	$ 16,105

v3.23.2

Arrangements with Off-Balance Sheet Risk - Schedule of Guarantor Obligations (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Contingent repurchase commitments
Guarantor Obligations [Line Items]
Maximum Potential Payments	$ 466	$ 514
Estimated Proceeds from Collateral/Recourse	466	514
Carrying Amount of  Liabilities
Credit guarantees
Guarantor Obligations [Line Items]
Maximum Potential Payments	15	45
Estimated Proceeds from Collateral/Recourse
Carrying Amount of  Liabilities	$ 14	$ 27

v3.23.2

Arrangements with Off-Balance Sheet Risk - Narrative (Details) - Contingent repurchase commitments	Jun. 30, 2023
Minimum
Guarantor Obligations [Line Items]
Guarantor obligations, repurchase commitment, period post delivery	10 years
Maximum
Guarantor Obligations [Line Items]
Guarantor obligations, repurchase commitment, period post delivery	15 years

v3.23.2

Postretirement Plans - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pension
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 1	$ 1	$ 2	$ 2
Interest cost	705	521	1,410	1,041
Expected return on plan assets	(859)	(948)	(1,720)	(1,895)
Amortization of prior service credits	(21)	(21)	(41)	(41)
Recognized net actuarial gain (loss)	(41)	(227)	(83)	(454)
Net periodic benefit income	(133)	(220)	(266)	(439)
Postretirement
Defined Benefit Plan Disclosure [Line Items]
Service cost	12	18	24	36
Interest cost	37	25	74	49
Expected return on plan assets	(2)	(3)	(4)	(5)
Amortization of prior service credits	(5)	(8)	(11)	(17)
Recognized net actuarial gain (loss)	44	28	88	56
Net periodic benefit income	(2)	4	(5)	7
Operating Income (Loss) | Pension
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit (income)/cost included in (loss)/earnings from operations, other income, and loss before income taxes	1	1	2	2
Operating Income (Loss) | Postretirement
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit (income)/cost included in (loss)/earnings from operations, other income, and loss before income taxes	16	20	31	39
Other Income | Pension
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit (income)/cost included in (loss)/earnings from operations, other income, and loss before income taxes	(134)	(221)	(268)	(441)
Other Income | Postretirement
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit (income)/cost included in (loss)/earnings from operations, other income, and loss before income taxes	(14)	(14)	(29)	(29)
Operating Income (Loss) Before Taxes | Pension
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit (income)/cost included in (loss)/earnings from operations, other income, and loss before income taxes	(133)	(220)	(266)	(439)
Operating Income (Loss) Before Taxes | Postretirement
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit (income)/cost included in (loss)/earnings from operations, other income, and loss before income taxes	$ 2	$ 6	$ 2	$ 10

v3.23.2

Share-Based Compensation and Other Compensation Arrangements - Narrative (Details)	Feb. 16, 2023 $ / shares shares
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) | shares	327,523
Granted in period, weighted average grant date fair value (in shares) | $ / shares	$ 214.35
Performance Restricted Stock Units (PRSU)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) | shares	195,526
Granted in period, weighted average grant date fair value (in shares) | $ / shares	$ 214.35
Performance Restricted Stock Units (PRSU) | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award payout percentage	0.00%
Performance Restricted Stock Units (PRSU) | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award payout percentage	200.00%

v3.23.2

Shareholders' Equity - Narrative (Details) $ in Millions	3 Months Ended
	Jun. 30, 2023 USD ($)
Equity [Abstract]
Additional paid in capital, period increase (decrease)	$ (267)

v3.23.2

Shareholders' Equity - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions		3 Months Ended				6 Months Ended
		Jun. 30, 2023		Jun. 30, 2022		Jun. 30, 2023	Jun. 30, 2022
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance						$ (9,550)
Other comprehensive income (loss) before reclassifications	[1]	$ (48)		$ (244)		(21)	$ (126)
Amounts reclassified from AOCI	[1]	(19)		127		(46)	298
Net current period Other comprehensive income/(loss)	[1]	(67)		(117)		(67)	172
Ending balance		(9,617)				(9,617)
Amortization of actuarial losses		(2)		155		(4)	314
Amortization of actuarial loss included in net periodic pension cost, tax		1		(44)		1	(84)
Loss on discontinuation of cash flow hedge due to forecasted transaction probable of not occurring, net							39
Loss on discontinuation of cash flow hedge due to forecasted transaction Probable of not occurring, tax							11
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	[1]	(9,550)		(11,370)		(9,550)	(11,659)
Ending balance	[1]	(9,617)		(11,487)		(9,617)	(11,487)
Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance		(151)		(81)		(167)	(105)
Other comprehensive income (loss) before reclassifications		(6)		(76)		10	(52)
Net current period Other comprehensive income/(loss)		(6)		(76)		10	(52)
Ending balance		(157)		(157)		(157)	(157)
Unrealized Gains and Losses on Certain Investments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance				1			1
Other comprehensive income (loss) before reclassifications
Net current period Other comprehensive income/(loss)
Ending balance				1			1
Unrealized Gains and Losses on Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance		(11)		135		(24)	6
Other comprehensive income (loss) before reclassifications		(43)		(168)		(25)	(74)
Amounts reclassified from AOCI		3		(5)		(2)	30
Net current period Other comprehensive income/(loss)		(40)		(173)		(27)	(44)
Ending balance		(51)		(38)		(51)	(38)
Defined Benefit Pension Plans & Other Postretirement Benefits
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance		(9,388)		(11,425)		(9,359)	(11,561)
Other comprehensive income (loss) before reclassifications		1				(6)
Amounts reclassified from AOCI		(22)	[2]	132	[2]	(44)	268
Net current period Other comprehensive income/(loss)		(21)		132		(50)	268
Ending balance		$ (9,409)		$ (11,293)		$ (9,409)	$ (11,293)
[1] Net of tax. [2] Primarily relates to amortization of actuarial losses for the six and three months ended June 30, 2022 totaling $314 and $155 (net of tax of ($84) and ($44)), which are included in the net periodic pension cost.

v3.23.2

Derivative Financial Instruments - Schedule of Derivative Instruments in Statement of Financial Position, Fair Value (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Derivative, notional amount	$ 3,588	$ 4,291
Other assets	129	145
Accrued liabilities	(157)	(174)
Netting arrangement, other assets	(33)	(33)
Netting arrangement, accrued liabilities	33	33
Net recorded balance, other assets	96	112
Net recorded balance, accrued liabilities	$ (124)	$ (141)
Derivative asset, statement of financial position [Extensible Enumeration]	Other current assets, net	Other current assets, net
Derivative liability, statement of financial position [Extensible Enumeration]	Accrued liabilities	Accrued liabilities
Designated as Hedging Instrument | Foreign exchange contracts
Derivative [Line Items]
Derivative, notional amount	$ 2,399	$ 2,815
Other assets	34	23
Accrued liabilities	(85)	(122)
Designated as Hedging Instrument | Commodity contracts
Derivative [Line Items]
Derivative, notional amount	568	602
Other assets	89	115
Accrued liabilities	(35)	(9)
Not Designated as Hedging Instrument | Foreign exchange contracts
Derivative [Line Items]
Derivative, notional amount	458	462
Other assets	6	5
Accrued liabilities	(36)	(42)
Not Designated as Hedging Instrument | Commodity contracts
Derivative [Line Items]
Derivative, notional amount	163	412
Other assets		2
Accrued liabilities	$ (1)	$ (1)

v3.23.2

Derivative Financial Instruments - Schedule of Derivative Instruments, Gains/(Losses) in Statement of Financial Performance (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Foreign exchange contracts
Derivative [Line Items]
Recognized in Other comprehensive income/(loss), net of taxes	$ 1	$ (96)	$ 11	$ (104)
Commodity contracts
Derivative [Line Items]
Recognized in Other comprehensive income/(loss), net of taxes	$ (44)	$ (72)	$ (36)	$ 30

v3.23.2

Derivative Financial Instruments - Reclassification Out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Costs and expenses
Derivative [Line Items]
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax	$ 10	$ 6	$ 27	$ 7
General and administrative expense
Derivative [Line Items]
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax	3	1	5	2
Costs and expenses
Derivative [Line Items]
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax	(4)	5	(6)	10
General and administrative expense
Derivative [Line Items]
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax	$ (12)	$ (6)	$ (23)	$ (7)

v3.23.2

Derivative Financial Instruments - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Loss on discontinuation of cash flow hedge due to forecasted transaction probable of not occurring		$ 50
Cash flow hedge loss to be reclassified within 12 Months	$ 22
Line of credit facility, expiration period	5 years
Derivative, maturity	5 years
Derivative, net liability position, aggregate fair value	$ 24

v3.23.2

Fair Value Measurements - Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Corporate notes	$ 499	$ 479
Derivatives	96	112
Derivatives	(124)	(141)
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	1,679	1,797
Commercial paper	254	256
Corporate notes	175	195
U.S. government agencies	70	47
Other equity investments	8	10
Derivatives	96	112
Total assets	2,282	2,417
Derivatives	(124)	(141)
Other	(2)
Total liabilities	(126)	(141)
Fair Value, Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	1,679	1,797
Other equity investments	8	10
Total assets	1,687	1,807
Fair Value, Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial paper	254	256
Corporate notes	175	195
U.S. government agencies	70	47
Derivatives	96	112
Total assets	595	610
Derivatives	(124)	(141)
Total liabilities	(124)	$ (141)
Fair Value, Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other	(2)
Total liabilities	$ (2)

v3.23.2

Fair Value Measurements - Fair Value, Assets Measured on Nonrecurring Basis Using Unobservable Inputs (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring fair value losses	$ (12)	$ (72)
Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		45
Nonrecurring fair value losses	(12)	(72)
Investments | Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring fair value losses	(11)	(31)
Investments | Valuation, Market Approach | Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value
Customer financing assets | Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring fair value losses		(2)
Customer financing assets | Valuation, Market Approach | Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		44
Property, plant and equipment | Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring fair value losses		(19)
Property, plant and equipment | Valuation, Market Approach | Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value
Other assets and Acquired intangible assets | Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nonrecurring fair value losses	(1)	(20)
Other assets and Acquired intangible assets | Valuation, Market Approach | Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		$ 1

v3.23.2

Fair Value Measurements - Fair Values and Related Carrying Values of Financial Instruments (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes receivable, net, carrying amount	$ 367	$ 385
Notes receivable, net, fair value	374	403
Debt, excluding capital lease obligations, carrying amount	(52,037)	(56,794)
Debt, excluding capital lease obligations, fair value	(49,345)	(52,856)
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes receivable, net, fair value	374	403
Debt, excluding capital lease obligations, fair value	$ (49,345)	$ (52,856)

v3.23.2

Legal Proceedings - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019 USD ($)
Legal Proceedings [Abstract]
Controlling interest ownership percentage after acquisition	80.00%
Payments to acquire interest in joint venture	$ 4,200

v3.23.2

Segment and Revenue Information - Narrative (Details) $ in Millions	6 Months Ended
	Jun. 30, 2023 USD ($) segment
Segment Reporting Information [Line Items]
Number of reportable segments | segment	3
Revenue, remaining performance obligation, amount | $	$ 439,564
Within Next Two Fiscal Years
Segment Reporting Information [Line Items]
Revenue, remaining performance obligation, percent recognized	26.00%
Within Next 5 Fiscal Years
Segment Reporting Information [Line Items]
Revenue, remaining performance obligation, percent recognized	77.00%

v3.23.2

Segment and Revenue Information - Schedule of Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Total revenues	$ 19,751	$ 16,681	$ 37,672	$ 30,672
Commercial Airplanes | Operating Segments
Disaggregation of Revenue [Line Items]
Total revenues	8,840	6,258	15,544	10,452
Commercial Airplanes | Operating Segments | Total revenues from contracts with customers
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	$ 8,832	$ 6,238	$ 15,497	$ 10,419
Commercial Airplanes | Operating Segments | Revenue recognized on fixed-price contracts
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax, percentage	100.00%	100.00%	100.00%	100.00%
Commercial Airplanes | Operating Segments | Revenue recognized at a point in time
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax, percentage	99.00%	99.00%	99.00%	99.00%
Commercial Airplanes | Operating Segments | United States
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	$ 3,740	$ 2,238	$ 7,175	$ 3,363
Commercial Airplanes | Operating Segments | Total non-U.S. revenues
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	5,066	3,983	8,296	7,073
Commercial Airplanes | Operating Segments | Europe
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	2,038	1,220	3,393	2,254
Commercial Airplanes | Operating Segments | Latin America and Caribbean
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	98	308	204	1,136
Commercial Airplanes | Operating Segments | Asia
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	1,549	1,298	2,355	2,027
Commercial Airplanes | Operating Segments | Middle East
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	750	770	1,466	1,088
Commercial Airplanes | Operating Segments | Other non-U.S.
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	631	387	878	568
Commercial Airplanes | Intersegment revenues eliminated on consolidation
Disaggregation of Revenue [Line Items]
Total revenues	8	20	47	33
Defense, Space & Security | Operating Segments
Disaggregation of Revenue [Line Items]
Total revenues	$ 6,167	$ 6,191	$ 12,706	$ 11,674
Defense, Space & Security | Operating Segments | Revenue from the U.S. government
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax, percentage	90.00%	89.00%	90.00%	89.00%
Defense, Space & Security | Operating Segments | Revenue recognized on fixed-price contracts
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax, percentage	57.00%	61.00%	59.00%	62.00%
Defense, Space & Security | Operating Segments | Revenue recognized over time
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax, percentage	99.00%	99.00%	99.00%	99.00%
Defense, Space & Security | Operating Segments | United States
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	$ 5,028	$ 4,634	$ 10,338	$ 8,782
Defense, Space & Security | Operating Segments | Total non-U.S. revenues
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	1,139	1,557	2,368	2,892
Global Services | Operating Segments
Disaggregation of Revenue [Line Items]
Total revenues	4,746	4,298	9,466	8,612
Global Services | Operating Segments | Commercial
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	2,703	2,361	5,419	4,637
Global Services | Operating Segments | Government
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	1,948	1,842	3,874	3,810
Global Services | Operating Segments | Total revenues from contracts with customers
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	$ 4,651	$ 4,203	$ 9,293	$ 8,447
Global Services | Operating Segments | Revenue from the U.S. government
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax, percentage	31.00%	33.00%	31.00%	34.00%
Global Services | Operating Segments | Revenue recognized on fixed-price contracts
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax, percentage	87.00%	88.00%	87.00%	88.00%
Global Services | Operating Segments | Revenue recognized at a point in time
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax, percentage	51.00%	49.00%	51.00%	49.00%
Global Services | Intersegment revenues eliminated on consolidation
Disaggregation of Revenue [Line Items]
Total revenues	$ 95	$ 95	$ 173	$ 165
B-737-Max | Customer Concessions | Commercial Airplanes | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	$ 26	$ 17	$ 26	$ (17)

v3.23.2

Segment and Revenue Information - Schedule of Segment, Reconciliation of Other Items from Segments to Consolidated (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information [Line Items]
Share-based plans			$ (381)	$ (352)
Research and development expense, net	$ (797)	$ (698)	(1,538)	(1,331)
Unallocated items, eliminations and other
Segment Reporting Information [Line Items]
Share-based plans	14	(25)	(38)	(108)
Deferred compensation	(42)	124	(96)	166
Amortization of previously capitalized interest	(24)	(24)	(47)	(47)
Research and development expense, net	(73)	(66)	(149)	(118)
Eliminations and other unallocated items	(211)	(93)	(466)	(228)
Unallocated items, eliminations and other	$ (336)	$ (84)	$ (796)	$ (335)

v3.23.2

Segment and Revenue Information - Components of Financial Accounting Standards and Cost Accounting Standards Adjustment (Details) - Unallocated items, eliminations and other - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting, Asset Reconciling Item [Line Items]
FAS/CAS service cost adjustment	$ 291	$ 284	$ 582	$ 567
Pension FAS/CAS service cost adjustment
Segment Reporting, Asset Reconciling Item [Line Items]
FAS/CAS service cost adjustment	222	205	445	413
Postretirement FAS/CAS service cost adjustment
Segment Reporting, Asset Reconciling Item [Line Items]
FAS/CAS service cost adjustment	$ 69	$ 79	$ 137	$ 154

v3.23.2

Segment and Revenue Information - Reconciliation of Assets from Segment to Consolidated (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Assets	$ 134,774	$ 137,100
Operating Segments | Commercial Airplanes
Segment Reporting Information [Line Items]
Assets	76,663	76,825
Operating Segments | Defense, Space & Security
Segment Reporting Information [Line Items]
Assets	15,011	14,426
Operating Segments | Global Services
Segment Reporting Information [Line Items]
Assets	16,374	16,149
Unallocated items, eliminations and other
Segment Reporting Information [Line Items]
Assets	$ 26,726	$ 29,700

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