Microsoft Excel LibreOffice Calc

Boeing Co. (BA)


Statement of Financial Position, Liabilities and Stockholders’ Equity

Difficulty: Beginner

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

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

Boeing Co., Consolidated Statement of Financial Position, Liabilities and Stockholders’ Equity

USD $ in millions

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Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Accounts payable 12,916  12,202  11,190  10,800  10,667 
Accrued compensation and employee benefit costs 6,841  6,659  5,720  5,624  5,868 
Environmental 555  524  562  566  601 
Product warranties 1,127  1,211  1,414  1,485  1,504 
Forward loss recognition 1,488  1,683  1,385  757  414 
Dividends payable 1,160  1,005  866  721  637 
Income Taxes Payable 485  380  89  262  119 
Other 3,152  3,830  4,655  4,599  4,319 
Accrued liabilities 14,808  15,292  14,691  14,014  13,462 
Advances and progress billings 50,676  –  –  –  – 
Advances and billings in excess of related costs –  27,440  23,869  24,364  23,175 
Deferred income taxes –  –  –  –  8,484 
Short-term debt and current portion of long-term debt 3,190  1,335  384  1,234  929 
Current liabilities 81,590  56,269  50,134  50,412  56,717 
Deferred income taxes 1,736  1,839  1,338  2,392  – 
Accrued retiree health care 4,584  5,545  5,916  6,616  6,802 
Accrued pension plan liability, net 15,323  16,471  19,943  17,783  17,182 
Non-current income taxes payable –  –  –  –  358 
Other long-term liabilities 3,059  2,015  2,221  2,078  1,208 
Long-term debt, excluding current portion 10,657  9,782  9,568  8,730  8,141 
Non-current liabilities 35,359  35,652  38,986  37,599  33,691 
Total liabilities 116,949  91,921  89,120  88,011  90,408 
Common stock, par value $5.00 5,061  5,061  5,061  5,061  5,061 
Additional paid-in capital 6,768  6,804  4,762  4,834  4,625 
Treasury stock, at cost (52,348) (43,454) (36,097) (29,568) (23,298)
Retained earnings 55,941  45,320  40,714  38,756  36,180 
Accumulated other comprehensive loss (15,083) (13,376) (13,623) (12,748) (13,903)
Shareholders’ equity 339  355  817  6,335  8,665 
Noncontrolling interests 71  57  60  62  125 
Total equity 410  412  877  6,397  8,790 
Total liabilities and equity 117,359  92,333  89,997  94,408  99,198 

Based on: 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-12), 10-K (filing date: 2017-02-08), 10-K (filing date: 2016-02-10), 10-K (filing date: 2015-02-12).

Item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Boeing Co.’s current liabilities increased from 2016 to 2017 and from 2017 to 2018.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Boeing Co.’s non-current liabilities declined from 2016 to 2017 and from 2017 to 2018.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Boeing Co.’s total liabilities increased from 2016 to 2017 and from 2017 to 2018.
Shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Boeing Co.’s shareholders’ equity declined from 2016 to 2017 and from 2017 to 2018.