Statement of Comprehensive Income
Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.
Paying user area
Try for free
Boeing Co. pages available for free this week:
- Balance Sheet: Assets
- Common-Size Balance Sheet: Assets
- Analysis of Long-term (Investment) Activity Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Enterprise Value to FCFF (EV/FCFF)
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Return on Assets (ROA) since 2005
- Price to Earnings (P/E) since 2005
- Price to Sales (P/S) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Boeing Co. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Boeing Co., consolidated statement of comprehensive income
US$ in millions
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
The financial data reveals notable fluctuations and trends over the five-year period, with particular emphasis on net loss and comprehensive income metrics.
- Net Loss
- The net loss demonstrates significant variability. In 2020, the company reported a substantial loss of approximately $11.94 billion, which decreased sharply to about $4.29 billion in 2021. However, this improvement was short-lived as net loss increased again in 2022 to roughly $5.05 billion, followed by a decline to $2.24 billion in 2023. The net loss surged markedly in 2024 to nearly $11.83 billion, returning to levels comparable with 2020.
- Currency Translation Adjustments
- Currency translation adjustments remained relatively small and fluctuated near zero, with minor gains and losses across the periods. Positive adjustments occurred in 2020 and 2023, while losses were recorded in 2021, 2022, and 2024, indicating currency-related impacts were present but limited in magnitude.
- Unrealized Gains and Losses
- Unrealized gains or losses on certain investments and derivative instruments exhibited considerable instability. Notably, unrealized gain (loss) arising during the period (net of tax) showed positive values in 2020, 2021, and 2023 but dropped sharply in 2022 and drastically in 2024, with -$40 million and -$258 million respectively. Unrealized gains (losses) on derivative instruments followed a similar pattern, with gains in earlier years turning into significant losses by 2024.
- Actuarial Gains and Losses
- Net actuarial gains and losses also showed pronounced volatility. After a sizeable negative impact in 2020 (-$1.96 billion), the figure improved substantially to a large gain in 2021 ($4.26 billion), declined but remained positive in 2022 ($1.53 billion), then reverted to losses in 2023 and 2024 (-$0.72 billion and -$0.23 billion respectively). This swing in actuarial experience indicates changes in pension and postretirement assumptions or market conditions over time.
- Amortization of Actuarial Gains or Losses
- This component decreased slightly from $917 million in 2020 to $791 million in 2022, turning negligible in 2023, and recovering to $105 million in 2024. This suggests a reduction in the amortized portion of pension cost volatility during the middle years before some resurgence in the last year.
- Prior Service Cost and Settlements
- Amortization of prior service costs remained relatively steady, gradually reducing from -$112 million in 2020 to -$92 million in 2024. One-off or irregular entries such as settlement gains/losses were minimal and inconsistent across the years.
- Defined Benefit Pension Plans and Postretirement Benefits, Net of Tax
- This category exhibited large positive figures in 2021 and 2022 ($5.5 billion and $2.2 billion respectively), which contrasts with negative values in the initial and later years, suggesting changes in pension obligations or plan valuations significantly affected comprehensive income during these periods.
- Other Comprehensive Income (Loss), Net of Tax
- The overall other comprehensive income/loss mirrored trends in actuarial and unrealized gains/losses, with a large negative loss in 2020 (-$980 million), considerable gains in 2021 and 2022, and negative amounts again in 2023 and 2024, reinforcing the influence of pension-related and investment valuation adjustments on comprehensive results.
- Comprehensive Income (Loss)
- Comprehensive income/loss follows a pattern similar to net loss but shows positive comprehensive income only in 2021 ($1.18 billion). Other years reflect comprehensive losses, with the most significant losses occurring in 2020 (-$12.92 billion) and 2024 (-$12.44 billion). Comprehensive income (loss) attributable to shareholders tracks closely with the total comprehensive amounts, indicating the majority of comprehensive income or loss is borne by shareholders rather than noncontrolling interests.
- Comprehensive Loss Attributable to Noncontrolling Interest
- This component remained relatively small and stable, ranging from $12 million to $118 million in comprehensive loss, suggesting limited impact on overall financial results from noncontrolling interests.