Analysis of Reportable Segments
Boeing Co. operates in 3 segments: Commercial Airplanes (BCA); Defense, Space & Security (BDS); and Global Services (BGS).
Segment Profit Margin
Boeing Co., profit margin by reportable segment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Commercial Airplanes (BCA) | -4.82% | -8.99% | -32.35% | -83.93% | -20.40% |
| Defense, Space & Security (BDS) | -7.07% | -15.30% | 5.82% | 5.86% | 9.94% |
| Global Services (BGS) | 17.40% | 15.48% | 12.35% | 2.90% | 14.60% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Commercial Airplanes (BCA) | Commercial Airplanes (BCA) segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
| Defense, Space & Security (BDS) | Defense, Space & Security (BDS) segment profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. | |
| Global Services (BGS) | Global Services (BGS) segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Profit Margin: Commercial Airplanes (BCA)
Boeing Co.; Commercial Airplanes (BCA); segment profit margin calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment operating earnings (loss) | (1,635) | (2,341) | (6,377) | (13,784) | (6,629) |
| Revenues | 33,901) | 26,026) | 19,714) | 16,423) | 32,499) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | -4.82% | -8.99% | -32.35% | -83.93% | -20.40% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment profit margin = 100 × Segment operating earnings (loss) ÷ Revenues
= 100 × -1,635 ÷ 33,901 = -4.82%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Commercial Airplanes (BCA) | Commercial Airplanes (BCA) segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Profit Margin: Defense, Space & Security (BDS)
Boeing Co.; Defense, Space & Security (BDS); segment profit margin calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment operating earnings (loss) | (1,764) | (3,544) | 1,544) | 1,539) | 2,608) |
| Revenues | 24,933) | 23,162) | 26,540) | 26,257) | 26,227) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | -7.07% | -15.30% | 5.82% | 5.86% | 9.94% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment profit margin = 100 × Segment operating earnings (loss) ÷ Revenues
= 100 × -1,764 ÷ 24,933 = -7.07%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Defense, Space & Security (BDS) | Defense, Space & Security (BDS) segment profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Segment Profit Margin: Global Services (BGS)
Boeing Co.; Global Services (BGS); segment profit margin calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment operating earnings (loss) | 3,329) | 2,727) | 2,017) | 450) | 2,697) |
| Revenues | 19,127) | 17,611) | 16,328) | 15,543) | 18,468) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 17.40% | 15.48% | 12.35% | 2.90% | 14.60% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment profit margin = 100 × Segment operating earnings (loss) ÷ Revenues
= 100 × 3,329 ÷ 19,127 = 17.40%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Global Services (BGS) | Global Services (BGS) segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Return on Assets (Segment ROA)
Boeing Co., ROA by reportable segment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Commercial Airplanes (BCA) | -2.12% | -3.05% | -8.22% | -17.24% | -8.69% |
| Defense, Space & Security (BDS) | -11.82% | -24.57% | 10.31% | 10.80% | 16.32% |
| Global Services (BGS) | 20.56% | 16.89% | 12.30% | 2.59% | 14.50% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Commercial Airplanes (BCA) | Commercial Airplanes (BCA) segment ROA improved from 2021 to 2022 and from 2022 to 2023. |
| Defense, Space & Security (BDS) | Defense, Space & Security (BDS) segment ROA deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. | |
| Global Services (BGS) | Global Services (BGS) segment ROA improved from 2021 to 2022 and from 2022 to 2023. |
Segment ROA: Commercial Airplanes (BCA)
Boeing Co.; Commercial Airplanes (BCA); segment ROA calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment operating earnings (loss) | (1,635) | (2,341) | (6,377) | (13,784) | (6,629) |
| Assets | 77,047) | 76,825) | 77,598) | 79,951) | 76,264) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | -2.12% | -3.05% | -8.22% | -17.24% | -8.69% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment ROA = 100 × Segment operating earnings (loss) ÷ Assets
= 100 × -1,635 ÷ 77,047 = -2.12%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Commercial Airplanes (BCA) | Commercial Airplanes (BCA) segment ROA improved from 2021 to 2022 and from 2022 to 2023. |
Segment ROA: Defense, Space & Security (BDS)
Boeing Co.; Defense, Space & Security (BDS); segment ROA calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment operating earnings (loss) | (1,764) | (3,544) | 1,544) | 1,539) | 2,608) |
| Assets | 14,921) | 14,426) | 14,974) | 14,256) | 15,977) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | -11.82% | -24.57% | 10.31% | 10.80% | 16.32% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment ROA = 100 × Segment operating earnings (loss) ÷ Assets
= 100 × -1,764 ÷ 14,921 = -11.82%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Defense, Space & Security (BDS) | Defense, Space & Security (BDS) segment ROA deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Segment ROA: Global Services (BGS)
Boeing Co.; Global Services (BGS); segment ROA calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment operating earnings (loss) | 3,329) | 2,727) | 2,017) | 450) | 2,697) |
| Assets | 16,193) | 16,149) | 16,397) | 17,399) | 18,605) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 20.56% | 16.89% | 12.30% | 2.59% | 14.50% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment ROA = 100 × Segment operating earnings (loss) ÷ Assets
= 100 × 3,329 ÷ 16,193 = 20.56%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Global Services (BGS) | Global Services (BGS) segment ROA improved from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover
Boeing Co., asset turnover by reportable segment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Commercial Airplanes (BCA) | 0.44 | 0.34 | 0.25 | 0.21 | 0.43 |
| Defense, Space & Security (BDS) | 1.67 | 1.61 | 1.77 | 1.84 | 1.64 |
| Global Services (BGS) | 1.18 | 1.09 | 1.00 | 0.89 | 0.99 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Commercial Airplanes (BCA) | Commercial Airplanes (BCA) segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
| Defense, Space & Security (BDS) | Defense, Space & Security (BDS) segment asset turnover ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. | |
| Global Services (BGS) | Global Services (BGS) segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: Commercial Airplanes (BCA)
Boeing Co.; Commercial Airplanes (BCA); segment asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 33,901) | 26,026) | 19,714) | 16,423) | 32,499) |
| Assets | 77,047) | 76,825) | 77,598) | 79,951) | 76,264) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.44 | 0.34 | 0.25 | 0.21 | 0.43 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment asset turnover = Revenues ÷ Assets
= 33,901 ÷ 77,047 = 0.44
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Commercial Airplanes (BCA) | Commercial Airplanes (BCA) segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: Defense, Space & Security (BDS)
Boeing Co.; Defense, Space & Security (BDS); segment asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 24,933) | 23,162) | 26,540) | 26,257) | 26,227) |
| Assets | 14,921) | 14,426) | 14,974) | 14,256) | 15,977) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.67 | 1.61 | 1.77 | 1.84 | 1.64 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment asset turnover = Revenues ÷ Assets
= 24,933 ÷ 14,921 = 1.67
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Defense, Space & Security (BDS) | Defense, Space & Security (BDS) segment asset turnover ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Segment Asset Turnover: Global Services (BGS)
Boeing Co.; Global Services (BGS); segment asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 19,127) | 17,611) | 16,328) | 15,543) | 18,468) |
| Assets | 16,193) | 16,149) | 16,397) | 17,399) | 18,605) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.18 | 1.09 | 1.00 | 0.89 | 0.99 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment asset turnover = Revenues ÷ Assets
= 19,127 ÷ 16,193 = 1.18
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Global Services (BGS) | Global Services (BGS) segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation
Boeing Co., capital expenditures to depreciation by reportable segment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Commercial Airplanes (BCA) | 0.91 | 0.39 | 0.30 | 0.52 | 0.67 |
| Defense, Space & Security (BDS) | 0.88 | 0.85 | 0.85 | 0.69 | 0.74 |
| Global Services (BGS) | 0.40 | 0.38 | 0.23 | 0.31 | 0.51 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Commercial Airplanes (BCA) | Commercial Airplanes (BCA) segment capital expenditures to depreciation ratio improved from 2021 to 2022 and from 2022 to 2023. |
| Defense, Space & Security (BDS) | Defense, Space & Security (BDS) segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. | |
| Global Services (BGS) | Global Services (BGS) segment capital expenditures to depreciation ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation: Commercial Airplanes (BCA)
Boeing Co.; Commercial Airplanes (BCA); segment capital expenditures to depreciation calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital expenditures | 420) | 218) | 177) | 322) | 433) |
| Depreciation and amortization | 464) | 554) | 594) | 625) | 644) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 0.91 | 0.39 | 0.30 | 0.52 | 0.67 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 420 ÷ 464 = 0.91
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Commercial Airplanes (BCA) | Commercial Airplanes (BCA) segment capital expenditures to depreciation ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation: Defense, Space & Security (BDS)
Boeing Co.; Defense, Space & Security (BDS); segment capital expenditures to depreciation calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital expenditures | 192) | 202) | 199) | 172) | 202) |
| Depreciation and amortization | 219) | 238) | 233) | 251) | 274) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 0.88 | 0.85 | 0.85 | 0.69 | 0.74 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 192 ÷ 219 = 0.88
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Defense, Space & Security (BDS) | Defense, Space & Security (BDS) segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment Capital Expenditures to Depreciation: Global Services (BGS)
Boeing Co.; Global Services (BGS); segment capital expenditures to depreciation calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital expenditures | 127) | 130) | 94) | 127) | 218) |
| Depreciation and amortization | 320) | 346) | 414) | 408) | 424) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 0.40 | 0.38 | 0.23 | 0.31 | 0.51 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 127 ÷ 320 = 0.40
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Global Services (BGS) | Global Services (BGS) segment capital expenditures to depreciation ratio improved from 2021 to 2022 and from 2022 to 2023. |
Revenues
Boeing Co., revenues by reportable segment
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Commercial Airplanes (BCA) | 33,901) | 26,026) | 19,714) | 16,423) | 32,499) |
| Defense, Space & Security (BDS) | 24,933) | 23,162) | 26,540) | 26,257) | 26,227) |
| Global Services (BGS) | 19,127) | 17,611) | 16,328) | 15,543) | 18,468) |
| Unallocated items, eliminations and other | (167) | (191) | (296) | (65) | (635) |
| Total | 77,794) | 66,608) | 62,286) | 58,158) | 76,559) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Segment operating earnings (loss)
Boeing Co., segment operating earnings (loss) by reportable segment
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Commercial Airplanes (BCA) | (1,635) | (2,341) | (6,377) | (13,784) | (6,629) |
| Defense, Space & Security (BDS) | (1,764) | (3,544) | 1,544) | 1,539) | 2,608) |
| Global Services (BGS) | 3,329) | 2,727) | 2,017) | 450) | 2,697) |
| Total | (70) | (3,158) | (2,816) | (11,795) | (1,324) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Assets
Boeing Co., assets by reportable segment
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Commercial Airplanes (BCA) | 77,047) | 76,825) | 77,598) | 79,951) | 76,264) |
| Defense, Space & Security (BDS) | 14,921) | 14,426) | 14,974) | 14,256) | 15,977) |
| Global Services (BGS) | 16,193) | 16,149) | 16,397) | 17,399) | 18,605) |
| Unallocated items, eliminations and other | 28,851) | 29,700) | 29,583) | 40,530) | 22,779) |
| Total | 137,012) | 137,100) | 138,552) | 152,136) | 133,625) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Capital expenditures
Boeing Co., capital expenditures by reportable segment
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Commercial Airplanes (BCA) | 420) | 218) | 177) | 322) | 433) |
| Defense, Space & Security (BDS) | 192) | 202) | 199) | 172) | 202) |
| Global Services (BGS) | 127) | 130) | 94) | 127) | 218) |
| Unallocated items, eliminations and other | 788) | 672) | 510) | 682) | 981) |
| Total | 1,527) | 1,222) | 980) | 1,303) | 1,834) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Depreciation and amortization
Boeing Co., depreciation and amortization by reportable segment
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Commercial Airplanes (BCA) | 464) | 554) | 594) | 625) | 644) |
| Defense, Space & Security (BDS) | 219) | 238) | 233) | 251) | 274) |
| Global Services (BGS) | 320) | 346) | 414) | 408) | 424) |
| Unallocated items, eliminations and other | 858) | 841) | 903) | 962) | 929) |
| Total | 1,861) | 1,979) | 2,144) | 2,246) | 2,271) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).