BOEING CO, 10-Q filed on 7/28/2026
Quarterly Report
v3.26.1
Cover - shares
 6 Months Ended
Jun. 30, 2026
Jul. 21, 2026
Entity Information [Line Items]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Jun. 30, 2026  
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 465-3500  
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  
Entity Common Stock, Shares Outstanding   790,370,020
Amendment Flag false  
Document Fiscal Year Focus 2026  
Document Fiscal Period Focus Q2  
Entity Central Index Key 0000012927  
Current Fiscal Year End Date --12-31  
Common stock    
Entity Information [Line Items]    
Title of 12(b) Security Common Stock, $5.00 Par Value  
Trading Symbol BA  
Security Exchange Name NYSE  
Depositary Shares    
Entity Information [Line Items]    
Title of 12(b) Security Depositary Shares, each representing a 1/20th interest in a share of 6.00% Series A Mandatory Convertible Preferred Stock, $1.00 Par Value  
Trading Symbol BA-PRA  
Security Exchange Name NYSE  
v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Total revenues $ 24,560 $ 22,749 $ 46,777 $ 42,245
Total costs and expenses (22,146) (20,314) (41,817) (37,393)
Gross profit 2,414 2,435 4,960 4,852
Income from operating investments, net 24 25 14 28
General and administrative expense (1,428) (1,793) (2,625) (2,905)
Research and development expense, net (921) (910) (1,824) (1,754)
Gain on dispositions, net 67 67 79 64
Earnings/(loss) from operations 156 (176) 604 285
Other income, net 79 325 273 648
Interest and debt expense (600) (710) (1,216) (1,418)
Loss before income taxes (365) (561) (339) (485)
Income tax expense (63) (51) (96) (158)
Net loss (428) (612) (435) (643)
Less: Net earnings/(loss) attributable to noncontrolling interest 16 (1) 13 5
Net loss attributable to Boeing shareholders (444) (611) (448) (648)
Less: Mandatory convertible preferred stock dividends accumulated during the period 86 86 172 172
Net loss attributable to Boeing common shareholders (530) (697) (620) (820)
Net loss attributable to Boeing common shareholders $ (530) $ (697) $ (620) $ (820)
Basic loss per share (in dollars per share) $ (0.67) $ (0.92) $ (0.79) $ (1.09)
Diluted loss per share (in dollars per share) $ (0.67) $ (0.92) $ (0.79) $ (1.09)
Product        
Total revenues $ 21,366 $ 19,122 $ 40,364 $ 35,269
Cost of products and services (19,487) (17,406) (36,518) (31,785)
Service        
Total revenues 3,194 3,627 6,413 6,976
Cost of products and services $ (2,659) $ (2,908) $ (5,299) $ (5,608)
v3.26.1
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income [Abstract]        
Net loss $ (428) $ (612) $ (435) $ (643)
Other comprehensive income, net of tax:        
Currency translation adjustments 35 62 (28) 108
Unrealized loss on certain investments, net of tax of $0, $0, $0 and $0 (1)
Derivative instruments:        
Unrealized gain arising during period, net of tax of ($1), ($59), ($7) and ($39) 24 138 16 206
Reclassification adjustment for (gains)/losses included in net loss, net of tax of $5, ($8), $1 and ($3) (3) 10 (9) 28
Total unrealized gain on derivative instruments, net of tax 21 148 7 234
Defined benefit pension plans and other postretirement benefits:        
Net actuarial gain/(loss) arising during the period, net of tax of ($2), $0, $0 and $0 (2) 9 (2)
Amortization of actuarial loss included in net periodic benefit cost, net of tax of ($52), ($17), ($27) and ($20) 93 22 188 65
Amortization of prior service credits included in net periodic benefit cost, net of tax of $8, $8, $4 and $9 (15) (9) (30) (29)
Total defined benefit pension plans and other postretirement benefits, net of tax 78 11 167 34
Other comprehensive income, net of tax 134 221 145 376
Comprehensive loss (294) (391) (290) (267)
Less: Comprehensive income/(loss) related to noncontrolling interest 16 (1) 13 5
Comprehensive loss attributable to Boeing Shareholders $ (310) $ (390) $ (303) $ (272)
v3.26.1
Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income [Abstract]        
Unrealized loss on certain investments, tax $ 0 $ 0 $ 0 $ 0
Unrealized gain arising during period, tax (7) (39) (1) (59)
Reclassification adjustment for (gains)/losses included in net loss, tax 1 (3) 5 (8)
Net actuarial gain/(loss) arising during the period, tax 0 0 (2) 0
Amortization of actuarial loss included in net periodic benefit cost, tax (27) (20) (52) (17)
Amortization of prior service credits included in net periodic benefit cost, tax $ 4 $ 9 $ 8 $ 8
v3.26.1
Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 7,239 $ 10,921
Short-term and other investments 12,783 18,479
Accounts receivable, net 3,515 2,921
Unbilled receivables, net 9,660 9,158
Inventories 88,388 84,679
Other current assets, net 3,045 2,301
Total current assets 124,630 128,459
Financing receivables and operating lease equipment, net 365 241
Property, plant and equipment, net of accumulated depreciation of $24,318 and $23,613 16,321 15,361
Goodwill 17,554 17,275
Acquired intangible assets, net 1,531 1,567
Deferred income taxes 152 107
Investments 1,117 1,048
Other assets, net of accumulated amortization of $1,138 and $1,014 4,200 4,177
Total assets 165,870 168,235
Liabilities and equity    
Accounts payable 14,346 13,109
Accrued liabilities 26,593 27,141
Advances and progress billings 64,059 59,404
Short-term debt and current portion of long-term debt 4,565 8,461
Total current liabilities 109,563 108,115
Deferred income taxes 260 216
Accrued retiree health care 2,027 2,091
Accrued pension plan liability, net 4,108 4,287
Other long-term liabilities 2,462 2,432
Long-term debt 41,335 45,637
Total liabilities 159,755 162,778
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 21,949 21,441
Treasury stock, at cost – 222,468,625 and 227,562,887 shares (27,416) (28,029)
Retained earnings 16,632 17,252
Accumulated other comprehensive loss (10,132) (10,277)
Total shareholders' equity 6,100 5,454
Noncontrolling interests 15 3
Total equity 6,115 5,457
Total liabilities and equity 165,870 168,235
Mandatory convertible preferred stock    
Shareholders’ equity:    
Mandatory convertible preferred stock, 6.00% Series A, par value $1.00 – 20,000,000 shares authorized; 5,750,000 shares issued; aggregate liquidation preference $5,750 $ 6 $ 6
v3.26.1
Condensed Consolidated Statements of Financial Position (Parenthetical) - USD ($)
$ in Millions
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Property, plant and equipment, net of accumulated depreciation $ 24,318 $ 23,613
Other assets, net of accumulated amortization $ 1,138 $ 1,014
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) 222,468,625 227,562,887
Mandatory convertible preferred stock    
Preferred stock, dividend rate, percentage 6.00% 6.00%
Preferred stock, par value (in dollars per share) $ 1.00 $ 1.00
Preferred stock, shares authorized (in shares) 20,000,000 20,000,000
Preferred stock, shares, issued (in shares) 5,750,000 5,750,000
Preferred stock, aggregate liquidation preference $ 5,750 $ 5,750
v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows – operating activities:    
Net (loss)/earnings $ (435) $ (643)
Non-cash items –     
Share-based plans expense 264 254
Treasury shares issued for 401(k) contributions 855 793
Depreciation and amortization 1,169 926
Investment/asset impairment charges, net 18 30
Gain on dispositions, net (79) (64)
Other charges and credits, net 149 162
Changes in assets and liabilities –     
Accounts receivable (553) (683)
Unbilled receivables (504) (908)
Advances and progress billings 4,660 (616)
Inventories (3,859) (374)
Other current assets (642) 265
Accounts payable 1,381 (46)
Accrued liabilities (1,070) (248)
Income taxes receivable, payable and deferred (20) (3)
Other long-term liabilities (92) (212)
Pension and other postretirement plans (55) (292)
Financing receivables and operating lease equipment, net (137) 185
Other 135 85
Net cash provided/(used) by operating activities 1,185 (1,389)
Cash flows – investing activities:    
Payments to acquire property, plant and equipment (2,008) (1,101)
Proceeds from disposals of property, plant and equipment 3 4
Proceeds from dispositions 35
Contributions to investments (19,444) (21,581)
Proceeds from investments 25,090 18,847
Supplier notes receivable (11) (150)
Other (1)
Net cash provided/(used) by investing activities 3,629 (3,946)
Cash flows – financing activities:    
New borrowings 35 98
Debt repayments (8,376) (677)
Employee taxes on certain share-based payment arrangements (32) (18)
Dividends paid on mandatory convertible preferred stock (172) (158)
Other 32 30
Net cash used by financing activities (8,513) (725)
Effect of exchange rate changes on cash and cash equivalents 2 34
Net decrease in cash & cash equivalents, including restricted (3,697) (6,026)
Cash & cash equivalents, including restricted, at beginning of year 11,663 13,822
Cash & cash equivalents, including restricted, at end of period 7,966 7,796
Less restricted cash & cash equivalents, included in Investments 727 709
Cash and cash equivalents at end of period $ 7,239 $ 7,087
v3.26.1
Condensed Consolidated Statements of Equity - USD ($)
$ in Millions
Total
Mandatory convertible preferred stock
Mandatory convertible preferred stock
Common stock
Additional paid-in capital
Treasury stock
Retained earnings
Accumulated other comprehensive loss
Non- controlling interests
Beginning balance at Dec. 31, 2024 $ (3,914) $ 6 $ 5,061 $ 18,964 $ (32,386) $ 15,362 $ (10,915) $ (6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss)/earnings (643)         (648)   5
Other comprehensive income, net of tax 376           376  
Share-based compensation 254     254        
Treasury shares issued for other share-based plans, net 10     (228) 238      
Treasury shares issued for 401(k) contributions 793     248 545      
Cash dividends declared on Mandatory convertible preferred stock (172)         (172)    
Ending balance at Jun. 30, 2025 (3,296) 6 5,061 19,238 (31,603) 14,542 (10,539) (1)
Beginning balance at Mar. 31, 2025 (3,325) 6 5,061 19,008 (31,879) 15,239 (10,760)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss)/earnings (612)         (611)   (1)
Other comprehensive income, net of tax 221           221  
Share-based compensation 119     119        
Treasury shares issued for other share-based plans, net 12     (14) 26      
Treasury shares issued for 401(k) contributions 375     125 250      
Cash dividends declared on Mandatory convertible preferred stock (86)         (86)    
Ending balance at Jun. 30, 2025 (3,296) 6 5,061 19,238 (31,603) 14,542 (10,539) (1)
Beginning balance at Dec. 31, 2025 5,457 6 5,061 21,441 (28,029) 17,252 (10,277) 3
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss)/earnings (435)         (448)   13
Other comprehensive income, net of tax 145           145  
Share-based compensation 264     264        
Treasury shares issued for other share-based plans, net 2     (141) 143      
Treasury shares issued for 401(k) contributions 855     385 470      
Cash dividends declared on Mandatory convertible preferred stock (172)         (172)    
Other changes in noncontrolling interests (1)             (1)
Ending balance at Jun. 30, 2026 6,115 6 5,061 21,949 (27,416) 16,632 (10,132) 15
Beginning balance at Mar. 31, 2026 5,987 6 5,061 21,671 (27,647) 17,162 (10,266)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss)/earnings (428)         (444)   16
Other comprehensive income, net of tax 134           134  
Share-based compensation 103     103        
Treasury shares issued for other share-based plans, net 17     1 16      
Treasury shares issued for 401(k) contributions 389     174 215      
Cash dividends declared on Mandatory convertible preferred stock (86)         (86)    
Other changes in noncontrolling interests (1)             (1)
Ending balance at Jun. 30, 2026 $ 6,115 $ 6 $ 5,061 $ 21,949 $ (27,416) $ 16,632 $ (10,132) $ 15
v3.26.1
Condensed Consolidated Statements of Equity (Parenthetical) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Stockholders' Equity [Abstract]        
Other comprehensive income (loss), tax $ (29) $ (53) $ (42) $ (76)
v3.26.1
Summary of Business Segment Data
 6 Months Ended
Jun. 30, 2026
Segment Reporting, Descriptive Information [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 30Three months ended June 30
2026202520262025
Revenues:
Commercial Airplanes$20,954 $19,021 $11,751 $10,874 
Defense, Space & Security15,082 12,915 7,483 6,617 
Global Services10,714 10,344 5,344 5,281 
Unallocated items, eliminations and other27 (35)(18)(23)
Total revenues$46,777 $42,245 $24,560 $22,749 
Earnings/(loss) from operations:
Commercial Airplanes($885)($1,094)($322)($557)
Defense, Space & Security218 265 (15)110 
Global Services1,939 1,992 968 1,049 
Segment operating earnings1,272 1,163 631 602 
Unallocated items, eliminations and other(978)(1,397)(630)(1,035)
FAS/CAS service cost adjustment310 519 155 257 
Earnings/(loss) from operations604 285 156 (176)
Other income, net273 648 79 325 
Interest and debt expense(1,216)(1,418)(600)(710)
Loss before income taxes(339)(485)(365)(561)
Income tax expense(96)(158)(63)(51)
Net loss(435)(643)(428)(612)
Less: Net earnings/(loss) attributable to noncontrolling interest13 5 16 (1)
Net loss attributable to Boeing shareholders(448)(648)(444)(611)
Less: Mandatory convertible preferred stock dividends accumulated during the period172 172 86 86 
Net loss attributable to Boeing common shareholders($620)($820)($530)($697)
This information is an integral part of the Notes to the Condensed Consolidated Financial Statements. See Note 19 for further segment results.
v3.26.1
Basis of Presentation
 6 Months Ended
Jun. 30, 2026
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, 2026, 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 2025 Annual Report on Form 10-K.
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.
Goodwill
We performed our annual goodwill impairment test as of April 1, 2026, using a qualitative assessment. We determined the fair value of each of our reporting units substantially exceeded their respective carrying values. Our Military Aircraft reporting unit within our Defense, Space & Security (BDS) segment had goodwill of $1,295 and a negative carrying value at June 30, 2026.
Long-term Contracts
Substantially all contracts at our BDS segment and certain contracts at our Global Services (BGS) segment are long-term contracts with the U.S. government and other customers that generally extend over several years. 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 revenues and costs at completion for a long-term contract indicate a loss, a provision for the entire reach-forward loss on the long-term contract is recognized.
The table below reflects the impact of net cumulative catch-up adjustments for changes in estimated revenues and costs at completion across all long-term contracts, including the impact to Earnings/(loss) from operations from changes in estimated losses on unexercised options.
(In millions - except per share amounts)Six months ended June 30Three months ended June 30
2026202520262025
Decrease to Revenue($120)($306)($142)($166)
(Decrease) to Earnings/Increase to (loss) from operations($381)($338)($350)($187)
Increase to Diluted loss per share
($0.57)($0.49)($0.52)($0.27)
v3.26.1
Spirit Acquisition
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Spirit Acquisition Spirit Acquisition
On December 8, 2025, we completed our acquisition of Spirit AeroSystems Holdings, Inc. (Spirit) pursuant to the Agreement and Plan of Merger dated June 30, 2024 (Merger Agreement). In connection with the closing of the transactions contemplated by the Merger Agreement (Spirit Acquisition), Boeing became the ultimate parent company of Spirit and its respective subsidiaries, including Spirit AeroSystems, Inc.
Total consideration for the Spirit Acquisition was $8,389 comprised of the following:
Boeing common stock exchanged for Spirit common stock (1)
$4,704 
Settlement of loans, advances and other payments to Spirit
2,589 
Debt repaid on Spirit’s behalf948 
Premium on assumed Spirit Exchangeable Notes
109 
Exchange of Spirit share-based awards (1)
39 
Fair value of total consideration
$8,389 
(1)     Fair value of consideration reflects the price per share of Boeing common stock on the acquisition date.
The preliminary allocation of the purchase price was as follows:
Description
As of December 31, 2025
As of June 30, 2026
Cash and cash equivalents$281 $281 
Accounts receivable339 396 
Unbilled receivables126 128 
Inventories1,438 1,408 
Property, plant and equipment2,419 2,447 
Goodwill9,997 10,278 
Acquired intangible assets109 173 
Other assets116 121 
Accounts payable(953)(963)
Accrued liabilities(1,784)(2,202)
Advances and progress billings(97)(92)
Short-term debt and current portion of long-term debt(329)(329)
Other long-term liabilities(178)(140)
Long-term debt(3,279)(3,279)
Other166 162 
Total net assets acquired$8,371 $8,389 
The amounts recorded for acquired assets and assumed liabilities are preliminary and are based on the information available as of the reporting date. The primary areas that remain preliminary relate to the fair values of goodwill, off-market contract liabilities and certain other accrued liabilities. The Company will continue to adjust the provisional estimates as additional information becomes available and final valuation and analyses are completed. Provisional goodwill of $10,278 associated with the Spirit Acquisition was provisionally assigned to our Commercial Airplanes (BCA) segment as we expect the majority of synergies from the Spirit Acquisition to relate to the commercial airplane segment. The acquired intangible assets include customer relationships of $109 which have a weighted-average useful life of five years and in-process research and development of $64. Accrued liabilities includes $1,520 for
the fair value of off-market customer contracts measured as the present value of the amount by which the terms of the contract deviated from the terms that a market participant could have achieved. Future estimated revenues from the amortization of off-market contract liabilities is as follows:
2026
2027
2028
2029
2030
Estimated revenue
$64 $154 $162 $150 $146 
We expect to finalize the purchase price allocation as soon as practicable, but no later than one year from the acquisition date.
v3.26.1
Earnings Per Share
 6 Months Ended
Jun. 30, 2026
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 attributable to Boeing shareholders, less Mandatory convertible preferred stock dividends accumulated during the period and earnings available to participating securities, divided by the basic weighted average common shares outstanding.
Diluted earnings per share is calculated by taking net earnings attributable to Boeing shareholders, less Mandatory convertible preferred stock dividends accumulated during the period and earnings available to participating securities, divided by the diluted weighted average common shares outstanding. Diluted weighted average common shares outstanding is calculated using the treasury stock method for share-based compensation awards and the if-converted method for Mandatory convertible preferred stock and Spirit Exchangeable Notes. Under the if-converted method, if the potential conversion of our Mandatory convertible preferred stock and/or Spirit Exchangeable Notes is dilutive, net earnings attributable to Boeing shareholders is adjusted to add back the Mandatory convertible preferred stock dividends accumulated during the period and/or the periodic interest expense on the Spirit Exchangeable Notes, net of tax.
The elements used in the computation of Basic and Diluted loss per share were as follows:
(In millions - except per share amounts)Six months ended June 30Three months ended June 30
2026202520262025
Net loss attributable to Boeing shareholders($448)($648)($444)($611)
Less: Mandatory convertible preferred stock dividends accumulated during the period172 172 86 86 
Less: earnings available to participating securities  
Net loss available to common shareholders($620)($820)($530)($697)
Basic
Basic weighted average shares outstanding
789.4 755.2 790.8 756.8 
Less: participating securities (1)
0.2 0.2 0.2 0.2 
Basic weighted average common shares outstanding
789.2 755.0 790.6 756.6 
Diluted
Diluted weighted average shares outstanding
789.4 755.2 790.8 756.8 
Less: participating securities (1)
0.2 0.2 0.2 0.2 
Diluted weighted average common shares outstanding
789.2 755.0 790.6 756.6 
Net loss per share:
Basic
($0.79)($1.09)($0.67)($0.92)
Diluted
(0.79)(1.09)(0.67)(0.92)
(1)Participating securities include certain instruments in our deferred compensation plan.
The following table represents potential common shares that were not included in the computation of Diluted loss per share. Potential common shares from performance restricted stock units, restricted stock units and stock options were not included because their effect was antidilutive based on their strike price or the performance condition was not met.
(Shares in millions)Six months ended June 30Three months ended June 30
2026202520262025
Performance restricted stock units0.2 0.6 0.2 0.5 
Restricted stock units0.4 0.3  
Stock options0.7 0.9 0.7 0.8 
In addition, potential common shares of 36.9 million and 36.8 million for the six months ended June 30, 2026 and 2025 and 36.7 million and 36.9 million for the three months ended June 30, 2026 and 2025 were excluded from the computation of Diluted loss per share, because the effect would have been antidilutive as a result of incurring a net loss available to common shareholders in those periods.
v3.26.1
Income Taxes
 6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
We computed our 2026 interim tax provision using an estimated annual effective tax rate of (18.2)%. Our 2026 estimated annual effective tax rate is primarily driven by taxes on non-U.S. operations. Our effective tax rates were (28.3)% and (32.6)% for the six months ended June 30, 2026 and 2025. The effective tax rates for the three months ended June 30, 2026 and 2025 were (17.3)% and (9.1)%.
As of December 31, 2025, we had recorded valuation allowances of $9,754 primarily for certain domestic deferred tax assets, and certain domestic net operating losses, tax credit and interest 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. The
valuation allowance results from not having sufficient income from deferred tax liability reversals in the appropriate future periods to support the realization of deferred tax assets.
We are subject to examination in U.S. federal, state and international jurisdictions in which we operate. While U.S. federal income tax audits have been settled for all years prior to 2021, tax years 2010-2024 remain subject to audit in numerous jurisdictions. We believe appropriate provisions for all outstanding tax issues have been made for all jurisdictions and all open years.
v3.26.1
Allowances for Losses on Financial Assets
 6 Months Ended
Jun. 30, 2026
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, 2026 and 2025, consisted of the following:
Accounts receivable Unbilled receivablesOther current assets
Financing receivables
Other assetsTotal
Balance at January 1, 2025($92)($38)($47)($7)($199)($383)
Changes in estimates(4)(5)(9)3 (44)(59)
Write-offs7 1 8 
Recoveries1 1 
Other11 11 
Balance at June 30, 2025
($77)($43)($55)($4)($243)($422)
Balance at January 1, 2026($76)($42)($43)$0 ($111)($272)
Changes in estimates(9)10   (14)(13)
Write-offs3  1  6 10 
Recoveries    1 1 
Balance at June 30, 2026
($82)($32)($42)$0 ($118)($274)
v3.26.1
Inventories
 6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consisted of the following:
June 30
2026		December 31
2025
Commercial aircraft programs$74,375 $70,785 
Long-term contracts in progress642 720 
Capitalized precontract costs (1)
1,222 1,411 
Commercial spare parts, used aircraft, general stock materials and other
12,149 11,763 
Total$88,388 $84,679 
(1)Capitalized precontract costs at June 30, 2026 and December 31, 2025, included amounts related to Commercial Crew, T-7A Red Hawk Production Options and KC-46A Tanker. See Note 10.
Commercial Aircraft Programs
At June 30, 2026 and December 31, 2025, commercial aircraft programs inventory included the following amounts related to the 737 program: deferred production costs of $13,081 and $11,777 and unamortized tooling and other non-recurring costs of $723 and $750. At June 30, 2026, $13,773 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 $31 are expected to be recovered from units included in the program accounting quantity that represent expected future orders.
At June 30, 2026 and December 31, 2025, commercial aircraft programs inventory included the following amounts related to the 777X program: $6,366 and $4,313 of work in process (including deferred production costs of $1,659 and $651) and $2,048 and $1,816 of unamortized tooling and other non-recurring costs.
At June 30, 2026 and December 31, 2025, commercial aircraft programs inventory included the following amounts related to the 787 program: deferred production costs of $14,428 and $13,859, supplier advances of $918 and $932, and unamortized tooling and other non-recurring costs of $1,316 and $1,366. At June 30, 2026, $13,596 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 $2,148 are expected to be recovered from units included in the program accounting quantity that represent expected future orders.
Commercial aircraft programs inventory included amounts credited in cash or other consideration (early issue sales consideration) to airline customers totaling $6,584 and $6,412 at June 30, 2026 and December 31, 2025.
v3.26.1
Contracts with Customers
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Contracts with Customers Contracts with Customers
Unbilled receivables increased from $9,158 at December 31, 2025, to $9,660 at June 30, 2026, primarily driven by revenue recognized in excess of billings at BDS and BGS.
Advances and progress billings increased from $59,404 at December 31, 2025, to $64,059 at June 30, 2026, primarily driven by advances on orders received at BCA and progress billings at BDS.
Revenues recognized during the six months ended June 30, 2026 and 2025, from amounts recorded as Advances and progress billings at the beginning of each year were $10,362 and $11,177. Revenues recognized during the three months ended June 30, 2026 and 2025, from amounts recorded as Advances and progress billings at the beginning of each year were $5,307 and $5,689.
v3.26.1
Financing Receivables and Operating Lease Equipment
 6 Months Ended
Jun. 30, 2026
Financing Receivables and Operating Lease Equipment [Abstract]  
Financing Receivables and Operating Lease Equipment Financing Receivables and Operating Lease Equipment
Our financing arrangements at June 30, 2026, consist of operating leases and notes that range in terms from one to twelve years and may include options to terminate. At June 30, 2026 and December 31, 2025, notes were $25 and $0. At June 30, 2026 and December 31, 2025, Operating lease equipment, net, was $340 and $241, and included accumulated depreciation of $69 and $60. Certain operating leases include provisions to allow the lessee to purchase the underlying aircraft at a specified price.
The majority of our operating lease equipment portfolio is concentrated in the following aircraft models:
June 30
2026		December 31
2025
777 Aircraft
$164 $170 
737 Aircraft
$145 $45 
Lease income from operating lease payments recorded in Sales of services on the Condensed Consolidated Statements of Operations was $25 and $13 for the six and three months ended June 30, 2026, and $23 and $11 for the six and three months ended June 30, 2025. We have no lease income from sales-type leases in 2026 and amounts in 2025 were insignificant. All financing interest income and variable lease payments on our financing arrangements for the six and three months ended June 30, 2026 and 2025, were insignificant.
At June 30, 2026 and December 31, 2025, no assets were determined to be uncollectible and placed on non-accrual status, and we have not recognized an allowance for credit losses.
v3.26.1
Investments
 6 Months Ended
Jun. 30, 2026
Investments [Abstract]  
Investments Investments
Our investments, which are recorded in Short-term and other investments or Investments, consisted of the following:
June 30
2026		December 31
2025
Time deposits (1)
$11,530 $17,230 
Equity method investments - United Launch Alliance585 556 
Equity method investments - Other (2)
486 441 
Restricted cash & cash equivalents (1)(3)
727 742 
Available-for-sale debt investments (1)
542 524 
Equity and other investments30 34 
Total$13,900 $19,527 
(1)Primarily included in Short-term and other investments on our Condensed Consolidated Statements of Financial Position.
(2)Dividends received were $5 and $5 during the six and three months ended June 30, 2026 and $10 and $8 for the same periods in 2025.
(3)At June 30, 2026, and December 31, 2025, Restricted cash & cash equivalents included $689 placed in escrow pursuant to the May 2025 non-prosecution agreement with the U.S. Department of Justice. See Note 18 for additional discussion.
Contributions to investments and Proceeds from investments on our Condensed Consolidated Statements of Cash Flows primarily relate to time deposits and available-for-sale debt investments. Cash used for the purchase of time deposits during the six months ended June 30, 2026 and 2025, was $19,090 and $21,245. Cash proceeds from the maturities of time deposits during the six months ended June 30, 2026 and 2025, were $24,790 and $18,540.
Allowance for losses on available-for-sale debt investments is assessed quarterly. These instruments are considered investment grade, and we have not recognized an allowance for credit losses as of June 30, 2026. The fair value of available-for-sale debt investments approximates amortized cost.
We have a 50 percent membership interest in United Launch Alliance (ULA) with Lockheed Martin Corporation (Lockheed) holding the other 50 percent interest. During the first quarter of 2026, ULA’s Vulcan rocket experienced a launch anomaly that has paused additional Vulcan launches pending completion of root cause analysis and corrective actions. The Vulcan launch suspension is negatively affecting ULA's financial condition and results of operations, and in May 2026, we and Lockheed each agreed to guarantee $500 of certain ULA credit facilities maturing on July 30, 2027. We and Lockheed expect to provide additional financial support and could incur losses if ULA is unable to resume Vulcan launches consistent with ULA’s assumptions
v3.26.1
Liabilities, Commitments and Contingencies
 6 Months Ended
Jun. 30, 2026
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, 2026 and 2025.
20262025
Beginning balance – January 1$383 $641 
Reductions for payments made(19)(64)
Reductions for concessions and other in-kind considerations (66)
Changes in estimates(80)(5)
Ending balance – June 30$284 $506 
At June 30, 2026, the remaining liability is expected to be liquidated by lower payments from customers upon delivery.
Environmental
The following table summarizes changes in environmental remediation liabilities during the six months ended June 30, 2026 and 2025.
20262025
Beginning balance – January 1$877 $834 
Reductions for payments made, net of recoveries(43)(35)
Changes in estimates137 49 
Ending balance – June 30$971 $848 
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, 2026, and December 31, 2025, the high end of the estimated range of reasonably possible remediation costs exceeded our recorded liabilities by $1,115 and $1,171.
Product Warranties
The following table summarizes changes in product warranty liabilities recorded during the six months ended June 30, 2026 and 2025.
20262025
Beginning balance – January 1$2,797 $2,133 
Additions for current year deliveries129 82 
Reductions for payments made(174)(174)
Changes in estimates521 298 
Ending balance – June 30$3,273 $2,339 
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, 2026, have expiration dates from 2026 through 2033. At June 30, 2026, and December 31, 2025, total contractual trade-in commitments were $1,130 and $1,267. As of June 30, 2026, and December 31, 2025, we estimated it was probable we would be obligated to perform on certain of these commitments with net amounts payable to customers totaling $54 and $67 and the fair value of the related trade-in aircraft was $52 and $61.
Financing Commitments
Financing commitments related to aircraft on order, including options and those proposed in sales campaigns, and refinancing of delivered aircraft, totaled $16,836 and $15,229 as of June 30, 2026 and December 31, 2025. The estimated earliest potential funding dates for these commitments as of June 30, 2026 are as follows:

Total
July through December 2026
$1,186 
20273,679 
20282,808 
20292,227 
2030949 
Thereafter5,987 
Total
$16,836 
As of June 30, 2026, $11,698 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 $278 to certain joint ventures over the next 12 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 $3,479 and $3,295 as of June 30, 2026 and December 31, 2025.
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. At June 30, 2026, and December 31, 2025,
Accounts payable included $2,003 and $1,994 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 would 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
Long-term contracts that are contracted on a fixed-price basis or have fixed-price options have resulted in losses being recorded in prior periods and could result in losses in future periods. Certain of the fixed-price contracts are for the development of new products, services and related technologies, a number of which have reach-forward losses. Estimating the cost and time for us and our suppliers to complete these contracts is inherently uncertain due to operational and technical complexities. This uncertainty requires us to make significant judgments and assumptions about future operational and technical performance, and the outcome of customer and/or supplier contractual negotiations. The risk that actual performance, technical or contractual outcomes could be different than those previously assumed creates financial risk that could trigger additional material 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 billion program to develop and modify two 747-8 commercial aircraft. During 2025, we increased the reach-forward loss on the contract by $60. The increased reach-forward loss in 2025 was due to increases in supplier costs. During the three months ended June 30, 2026, we increased the reach-forward loss by $280 due to higher estimated costs required to complete structural and wiring installation and to satisfy air worthiness certification requirements. We expect finalization of the contract terms to reset the schedule and adjust the requirements in the third quarter of 2026. 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 12 low-rate initial production (LRIP) lots for a total of 169 aircraft. The EMD contract and authorized LRIP lots total approximately $33 billion as of June 30, 2026. The KC-46A Tanker is a derivative of the 767 commercial airplane program with the majority of the manufacturing costs being incurred in the 767 factory and the remaining costs being incurred in the military finishing and delivery centers. During 2025, we increased the reach-forward loss on the KC-46A Tanker program by $714. The additional reach-forward loss during 2025 was primarily driven by higher estimated manufacturing and engineering costs for production support. As of June 30, 2026, we had approximately $86 of capitalized precontract costs and $194 of potential termination liabilities to suppliers related to future production lots. 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 now includes development and delivery of seven aircraft and test articles at a contract price of $890. In connection with winning the competition, we recognized a reach-forward loss of $291 in the third quarter of 2018. We have recognized additional losses in subsequent periods. During the three months ended June 30, 2026, MQ-25 completed its first flight and the U.S. Navy approved
Milestone C. We expect an LRIP contract later in 2026. Flight test and assembly of the remaining EMD aircraft is continuing. 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 was a $860 fixed-price contract and included five aircraft and seven simulators. We have delivered the five EMD aircraft and the flight testing is ongoing. In June 2025, the customer ordered four production representative test vehicles. The production portion of the contract includes 10 production lots for 342 T-7A Red Hawk aircraft and related services that we believe are probable of being exercised. During the three months ended June 30, 2026, the USAF approved Milestone C and authorized the first LRIP lot for a total of 14 aircraft. We recorded a reach-forward loss of $400 when the contract was awarded in 2018. We have recognized additional losses in subsequent periods. At June 30, 2026, we had approximately $267 of capitalized precontract costs and $865 of potential termination liabilities to suppliers related to certain long-lead items for future production lots. Risk remains that we may record additional losses in future periods.
Commercial Crew
In 2014, the National Aeronautics and Space Administration (NASA) contracted us to design and build the CST-100 Starliner spacecraft to transport crews to the International Space Station (ISS). We have recorded reach-forward losses on this program. The first Crewed Flight Test launched on June 5, 2024, and docked with the ISS. Its return to Earth was delayed to allow time to perform further testing of propulsion system anomalies and returned to Earth uncrewed in September 2024.
We had expected to launch an uncrewed mission followed by a crewed mission during 2026. Based on recent discussions with NASA, we now expect to complete an uncrewed mission no earlier than the fourth quarter of 2026. We and NASA are currently in discussions regarding timing and requirements for follow-on missions and the outcome of those discussions is uncertain. Mission schedule and requirements for future missions remain critical assumptions and will be informed by the ongoing discussions with NASA. At June 30, 2026, we had approximately $558 of capitalized precontract costs and $19 of potential termination liabilities to suppliers related to unauthorized future missions. Risk remains that we may record additional losses in future periods.
v3.26.1
Arrangements with Off-Balance Sheet Risk
 6 Months Ended
Jun. 30, 2026
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
2026		December 31
2025		June 30
2026		December 31
2025		June 30
2026		December 31
2025
Contingent repurchase commitments
$163 $186 $163 $186 
Credit guarantees522 15  $34 $14 
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. Current outstanding credit guarantees expire through 2036.
In May 2026, we and Lockheed each agreed to guarantee $500 of certain ULA credit facilities. See Note 9.
Other Indemnifications In conjunction with our sales of Electron Dynamic Devices, Inc. and Rocketdyne Propulsion and Power businesses, 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 10.
v3.26.1
Debt
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Debt Debt
In connection with our acquisition of Spirit, we assumed Spirit's debt, including the following notes issued by Spirit AeroSystems, Inc.: $300 of 3.850% Senior Notes which matured in the second quarter of 2026 (the Spirit 2026 Notes) and $700 of 4.600% Senior Notes due 2028 (the Spirit 2028 Notes, and together with the Spirit 2026 Notes, the Spirit Senior Notes). The Boeing Company guaranteed the obligations of Spirit AeroSystems, Inc. with respect to the Spirit Senior Notes, and as a result, each of The Boeing Company and Spirit fully and unconditionally guarantee the Spirit Senior Notes on a senior unsecured basis. The guarantees rank equally in right of payment with all of Boeing’s existing and future senior unsecured indebtedness.
v3.26.1
Postretirement Plans
 6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Postretirement Plans Postretirement Plans
The components of net periodic benefit cost/(income) were as follows:
Six months ended June 30Three months ended June 30
Pension Plans2026202520262025
Service cost$4 $4 $2 $3 
Interest cost1,311 1,338 653 669 
Expected return on plan assets(1,438)(1,539)(717)(770)
Amortization of prior service credits(36)(37)(18)(18)
Recognized net actuarial loss310 153 155 77 
Net periodic benefit cost/(income)$151 ($81)$75 ($39)
Net periodic benefit cost included in Earnings/(loss) from operations$2 $4 $1 $3 
Net periodic benefit cost/(income) included in Other income, net147 (85)73 (42)
Net periodic benefit expense/(income) included in Loss before income taxes$149 ($81)$74 ($39)
Six months ended June 30Three months ended June 30
Other Postretirement Plans2026202520262025
Service cost$25 $25 $13 $12 
Interest cost60 68 30 34 
Expected return on plan assets(6)(6)(3)(3)
Amortization of prior service credits(2) (1) 
Recognized net actuarial gain(70)(71)(35)(35)
Net periodic benefit cost$7 $16 $4 $8 
Net periodic benefit cost included in Earnings/(loss) from operations$25 $25 $13 $12 
Net periodic benefit income included in Other income, net(18)(9)(9)(4)
Net periodic benefit cost included in Loss before income taxes$7 $16 $4 $8 
v3.26.1
Share-Based Compensation and Other Compensation Arrangements
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Share-Based Compensation and Other Compensation Arrangements Share-Based Compensation and Other Compensation Arrangements
Restricted Stock Units
On February 17, 2026, we granted 1,922,574 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 $242.18 per unit and will generally vest in three approximately equal installments on the first, second, and third anniversaries of the grant date. These RSUs will settle in common stock (on a one-for-one basis). 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
v3.26.1
Shareholders' Equity
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Shareholders' Equity Shareholders' Equity
Mandatory Convertible Preferred Stock
On October 31, 2024, we issued 115,000,000 depositary shares, representing 5,750,000 shares of our 6.00% Series A Mandatory Convertible Preferred Stock (Mandatory convertible preferred stock). The Mandatory convertible preferred stock has a $1,000.00 per share liquidation preference and $1.00 per share par value. As a result of the transaction, we received cash proceeds of $5,651, net of underwriting fees and other issuance costs.
Dividends are cumulative at an annual rate of 6.00% on the liquidation preference of $1,000.00 per share of Mandatory convertible preferred stock and may be paid in cash, shares of our common stock or a combination of cash and shares of our common stock. Dividends that are declared will be payable on January 15, April 15, July 15 and October 15 to holders of record on the January 1, April 1, July 1, and October 1 immediately preceding the relevant dividend payment date. Dividends paid on Mandatory convertible preferred stock were $172 and $86 for the six and three months ended June 30, 2026, compared with $158 and $86 for the same periods in 2025. In June 2026, dividends of $86 were declared to holders of record as of July 1, 2026, representing $15.00 per share, and were paid in cash on July 15, 2026.
The following table illustrates the conversion rate per share of Mandatory convertible preferred stock, subject to certain anti-dilution adjustments, based on the applicable market value of the common stock:
Applicable Market Value of Common StockConversion Rate per Share of Mandatory Convertible Preferred Stock
Greater than $171.5854
5.8280 shares of common stock
Equal to or less than $171.5854 but greater than or equal to $142.9797
Between 5.8280 and 6.9940 shares of common stock, determined by dividing $1,000 by the applicable market value
Less than $142.9797
6.9940 shares of common stock
Unless earlier converted, each share of Mandatory convertible preferred stock will automatically convert on October 15, 2027, into between 5.8280 shares and 6.9940 shares of our common stock, depending on the applicable market value of the common stock and subject to certain anti-dilution adjustments described in the certificate of designations related to our Mandatory convertible preferred stock (Certificate of Designations). The applicable market value of our common stock will be determined based on the average volume-weighted average price per share of the common stock over the 20 consecutive trading day period beginning on, and including, the 21st scheduled trading day immediately prior to October 15, 2027.
If a fundamental change, as defined in the Certificate of Designations, occurs on or prior to October 15, 2027, then holders of Mandatory convertible preferred stock will be entitled to convert all or any portion of their shares into shares of our common stock at the fundamental change conversion rate, as defined in the Certificate of Designations, for a specified period of time and also to receive an amount to compensate such holders for unpaid accumulated dividends and any remaining future scheduled dividend payments.
Other than during a fundamental change conversion period, at any time prior to October 15, 2027, holders of Mandatory convertible preferred stock may elect to convert all or any portion of their shares at a conversion rate of 5.8280 shares of common stock per share of Mandatory convertible preferred stock, subject to certain anti-dilution and other adjustments as described in the Certificate of Designations.
Accumulated Other Comprehensive Loss
Changes in Accumulated other comprehensive loss (AOCI) by component for the six and three months ended June 30, 2026 and 2025, were as follows:
Currency Translation AdjustmentsUnrealized 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, 2025($178)$2 ($211)($10,528)($10,915)
Other comprehensive income/(loss) before reclassifications108 206 (2)312 
Amounts reclassified from AOCI
28 36 64 
Net current period Other comprehensive income108 234 34 376 
Balance at June 30, 2025($70)$2 $23 ($10,494)($10,539)
Balance at January 1, 2026$64 $2 $88 ($10,431)($10,277)
Other comprehensive (loss)/income before reclassifications
(28)(1)16 9 (4)
Amounts reclassified from AOCI
(9)158 149 
Net current period Other comprehensive (loss)/income
(28)(1)7 167 145 
Balance at June 30, 2026$36 $1 $95 ($10,264)($10,132)
Balance at March 31, 2025($132)$2 ($125)($10,505)($10,760)
Other comprehensive income/(loss) before reclassifications62 138 (2)198 
Amounts reclassified from AOCI
10 13 23 
Net current period Other comprehensive income
62 148 11 221 
Balance at June 30, 2025($70)$2 $23 ($10,494)($10,539)
Balance at March 31, 2026$1 $1 $74 ($10,342)($10,266)
Other comprehensive income before reclassifications35  24  59 
Amounts reclassified from AOCI
  (3)78 75 
Net current period Other comprehensive income35 21 78 134 
Balance at June 30, 2026$36 $1 $95 ($10,264)($10,132)
(1)     Net of tax.
v3.26.1
Derivative Financial Instruments
 6 Months Ended
Jun. 30, 2026
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 expected sales and purchases through 2032. 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 2029.
Derivative Instruments Not Receiving Hedge Accounting Treatment
We hold certain foreign currency forward contracts 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 assetsAccrued liabilities
June 30
2026		December 31
2025		June 30
2026		December 31
2025		June 30
2026		December 31
2025
Derivatives designated as hedging instruments:
Foreign exchange contracts$5,593 $5,736 $156 $143 ($102)($77)
Commodity contracts353 435 83 92  (1)
Derivatives not receiving hedge accounting treatment:
Foreign exchange contracts325 320 5 3 (5)(10)
Total derivatives$6,271 $6,491 $244 $238 ($107)($88)
Netting arrangements(62)(45)62 45 
Net recorded balance$182 $193 ($45)($43)
(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 income, net of tax are presented in the following table:
Six months ended June 30Three months ended June 30

2026202520262025
Recognized in Other comprehensive income, net of tax:
Foreign exchange contracts$4 $201 $29 $134 
Commodity contracts12 5 (5)4 
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 30Three months ended June 30
2026202520262025
Foreign exchange contracts
Revenues$1  
Costs and expenses(13)($12)($7)($8)
General and administrative expense19 (9)8 1 
Commodity contracts
Costs and expenses$4 ($18)$2 ($7)
General and administrative expense3 3 1 1 
Gains/(losses) related to undesignated derivatives on foreign exchange and commodity cash flow hedging transactions recognized in Other income, net were insignificant for the six and three months ended June 30, 2026 and 2025.
Based on our portfolio of cash flow hedges, we expect to reclassify gains of $36 (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 facilities, 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, 2026 was $4. For other particular commodity contracts, our counterparties could require collateral posted in an amount determined by our credit ratings. At June 30, 2026, there was no collateral posted related to our derivatives.
v3.26.1
Fair Value Measurements
 6 Months Ended
Jun. 30, 2026
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, 2026December 31, 2025
TotalLevel 1Level 2TotalLevel 1Level 2
Assets
Money market funds$2,324 $2,324 $3,793 $3,793 
Available-for-sale debt investments:
AFS - Commercial paper210 $210 163 $163 
AFS - Corporate notes306 306 344 344 
AFS - US government agencies27  27 27 27 
Other equity investments5 5 9 9 
Derivatives182 182 193 193 
Total assets$3,054 $2,329 $725 $4,529 $3,802 $727 
Liabilities
Derivatives($45)($45)($43)($43)
Total liabilities($45) ($45)($43)($43)
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. 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 of the related assets as of the impairment date:

20262025
Fair ValueTotal
Losses		Fair ValueTotal
Losses
Investments ($17) ($28)
Other assets  $5 (2)
Operating lease equipment
$22 (1) 
Total$22 ($18)$5 ($30)
Level 3 Investments and Other assets were primarily valued using an income approach based on the discounted cash flows associated with the underlying assets. These approaches are considered
estimates of net operating income, capitalization rates, and/or comparable property sales. Level 3 operating lease equipment was valued 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.
For Level 3 operating lease equipment that were measured at fair value on a nonrecurring basis during the period ended June 30, 2026, the following table presents the fair value of those assets as of the measurement date, valuation techniques and related unobservable inputs of those assets.
Fair
Value
Valuation
Technique
Unobservable InputRange
Median or Average
Operating lease equipment
$22Market approachAircraft value publications
$21 - $24 (1)
Median $22
(1)The range represents the sum of the highest and lowest values for all aircraft subject to fair value measurement, according to the third-party aircraft valuation publications that we use in our valuation process.
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, 2026
Carrying
Amount		Total Fair
Value		Level 1Level 2Level 3
Assets
Notes receivable, net$46 $49 $41 $8 
Liabilities
Debt, excluding finance lease obligations (45,596)(45,374)(45,374)
December 31, 2025
Carrying
Amount		Total Fair
Value		Level 1Level 2Level 3
Assets
Notes receivable, net$21 $21 $13 $8 
Liabilities
Debt, excluding finance lease obligations (53,848)(53,769)(53,769)
The fair value of Notes receivable classified as Level 2 is 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 Notes receivable classified as Level 3 is based on our best estimate using available counterparty financial data. 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. 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, 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, 2026 and December 31, 2025. 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).
v3.26.1
Legal Proceedings
 6 Months Ended
Jun. 30, 2026
Legal Proceedings [Abstract]  
Legal Proceedings Legal Proceedings
We are subject, from time to time, to various legal proceedings and claims related to our business that cover a wide range of matters, including those related to products, contracts, labor and employment, securities, antitrust and trade regulations, intellectual property, and other matters. In addition, we are subject to various 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 U.S. or foreign governments for fines, penalties, compensatory and treble damages, restitution and/or forfeitures. Under U.S. government regulations, a company, or one or more of its operating divisions or subdivisions, can be suspended or debarred from government contracts, have certain of its production certificates suspended or revoked, or lose its export privileges, based on the results of investigations.
On May 29, 2025, Boeing and the U.S. Department of Justice (the Department) entered into a non-prosecution agreement (the Agreement) to resolve the Department’s determination that Boeing did not fulfill its obligations under the January 2021 deferred prosecution agreement relating to the October 2018 Lion Air flight 610 accident and the March 2019 Ethiopian Airlines flight 302 accident (the MAX accidents). The Agreement requires, among other things, Boeing to pay a fine of $244 and provide $445 of additional compensation for the family members of those who died in the MAX accidents. The $244 fine, which was accrued for and expensed in 2024, and the $445 compensation fund for family members, which was accrued for and expensed in the second quarter of 2025, are held in escrow accounts pending final court approval of the Department’s motion to dismiss the criminal information against Boeing (the Motion). On November 6, 2025, the U.S. District Court for the Northern District of Texas (the Court) approved the Motion. On March 31, 2026, the U.S. Court of Appeals for the Fifth Circuit denied a petition by representatives of certain family members to overturn the Court's approval of the Motion. Those representatives have until late August 2026 to decide whether to pursue any further appeal.
Certain legal actions and investigations arising out of the MAX accidents and subsequent grounding of the 737 MAX are still pending, including fewer than five civil lawsuits by family members of those who died in the MAX accidents. In addition, securities lawsuits are pending, and we are appealing the March 16, 2026, partial grant of a motion for class certification by the U.S. District Court for the Northern District of Illinois. Multiple investigations and legal actions, including securities lawsuits, were also initiated as a result of the January 2024 737-9 door plug accident.
Given the status of these legal actions and investigations, we cannot reasonably estimate a range of loss, if any, not covered by available insurance and in excess of any accrued amounts, that may result from these matters.
v3.26.1
Segment and Revenue Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment and Revenue Information Segment and Revenue Information
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 primary profitability measurement used by our chief operating decision maker to review segment operating results is Segment operating earnings. The following table reconciles segment Revenues to Segment operating earnings:
BCABDSBGS
For the six months ended June 30,
202620252026202520262025
Revenues$20,954 $19,021 $15,082 $12,915 $10,714 $10,344 
Less:
Research and development expense, net1,200 1,092 366 420 48 59 
Other segment items (1)
20,639 19,023 14,498 12,230 8,727 8,293 
Segment operating (loss)/earnings($885)($1,094)$218 $265 $1,939 $1,992 
For the three months ended June 30,
202620252026202520262025
Revenues$11,751 $10,874 $7,483 $6,617 $5,344 $5,281 
Less:
Research and development expense, net597 558 192 221 26 30 
Other segment items(1)
11,476 10,873 7,306 6,286 4,350 4,202 
Segment operating (loss)/earnings($322)($557)($15)$110 $968 $1,049 
(1)    Primarily includes costs of products and services and general and administrative expenses.
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 30Three months ended June 30
2026202520262025
Revenue from contracts with customers:
Europe$5,107 $1,498 $2,568 $990 
Asia4,464 5,379 2,459 2,422 
Middle East2,906 1,760 2,140 1,277 
Other non-U.S.1,381 1,188 938 799 
Total non-U.S. revenues13,858 9,825 8,105 5,488 
United States6,890 9,144 3,483 5,361 
Estimated potential concessions and other considerations to 737 MAX customers80 5 80 5 
Total revenues from contracts with customers20,828 18,974 11,668 10,854 
Intersegment revenues eliminated on consolidation126 47 83 20 
Total segment revenues$20,954 $19,021 $11,751 $10,874 
Revenue recognized on fixed-price contracts100 %100 %100 %100 %
Revenue recognized at a point in time100 %100 %100 %100 %
BDS revenues on contracts with customers, based on the customer's location, consisted of the following:
(Dollars in millions)Six months ended June 30Three months ended June 30
2026202520262025
Revenue from contracts with customers:
U.S. customers$12,095 $10,160 $5,983 $5,227 
Non-U.S. customers (1)
2,987 2,755 1,500 1,390 
Total segment revenue from contracts with customers$15,082 $12,915 $7,483 $6,617 
Revenue recognized over time100 %100 %100 %100 %
Revenue recognized on fixed-price contracts60 %58 %58 %58 %
Revenue from the U.S. government (1)
93 %92 %92 %92 %
(1)Includes revenues earned from Foreign Military Sales through the U.S. government (FMS).
BGS revenues consisted of the following:
(Dollars in millions)Six months ended June 30Three months ended June 30
2026202520262025
Revenue from contracts with customers:
Commercial$6,033 $5,967 $3,001 $2,996 
Government4,471 4,168 2,243 2,172 
Total revenues from contracts with customers10,504 10,135 5,244 5,168 
Intersegment revenues eliminated on consolidation210 209 100 113 
Total segment revenues$10,714 $10,344 $5,344 $5,281 
Revenue recognized at a point in time55 %53 %55 %52 %
Revenue recognized on fixed-price contracts86 %86 %86 %86 %
Revenue from the U.S. government (1)
31 %30 %31 %31 %
(1)Includes revenues earned from FMS.
Earnings in Equity Method Investments
During the six and three months ended June 30, 2026, our share of income from equity method investments was $32 and $32, compared to $30 and $34 during the same periods in 2025. Income from equity method investments in 2026 and 2025 was primarily driven by investments held in Unallocated items, eliminations, and other and at our BDS segment.
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, 2026 was $715,261. We expect approximately 21% to be converted to revenue through 2027 and approximately 62% through 2030, with the remainder thereafter. There is significant uncertainty regarding the timing of when backlog will convert into revenue. We may experience reductions to backlog and/or significant order cancellations due to various factors including delivery delays, production disruptions and delays to 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 30Three months ended June 30
2026202520262025
Share-based plans($52)($51)$3 ($21)
Deferred compensation(107)(80)(124)(85)
Amortization of previously capitalized interest(45)(42)(23)(21)
Research and development expense, net(210)(183)(106)(101)
Eliminations and other unallocated items(564)(1,041)(380)(807)
Unallocated items, eliminations and other
($978)($1,397)($630)($1,035)
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 30Three months ended June 30
2026202520262025
Pension FAS/CAS service cost adjustment$185 $390 $92 $197 
Postretirement FAS/CAS service cost adjustment125 129 63 60 
FAS/CAS service cost adjustment$310 $519 $155 $257 
Assets
Effective June 30, 2026, we revised our presentation of segment assets to exclude investments in wholly-owned subsidiaries. Prior period amounts have been adjusted to conform to the current period presentation. Segment assets are summarized in the table below:
June 30
2026		December 31
2025
Commercial Airplanes$96,493 $91,878 
Defense, Space & Security17,379 16,604 
Global Services16,966 16,871 
Unallocated items, eliminations and other35,032 42,882 
Total$165,870 $168,235 
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.
Capital Expenditures
Six months ended June 30Three months ended June 30
2026202520262025
Commercial Airplanes$402 $243 $227 $137 
Defense, Space & Security204 113 122 59 
Global Services52 69 28 43 
Unallocated items, eliminations and other1,350 676 356 188 
Total$2,008 $1,101 $733 $427 
Capital expenditures for Unallocated items, eliminations and other relate primarily to assets managed centrally on behalf of the three principal business segments.
Depreciation and Amortization
Six months ended June 30Three months ended June 30
2026202520262025
Commercial Airplanes$367 $212 $177 $111 
Defense, Space & Security
116 103 56 53 
Global Services139 146 70 73 
Centrally Managed Assets (1)
547 465 293 223 
Total$1,169 $926 $596 $460 
(1)Amounts shown in the table represent depreciation and amortization expense recorded by the individual business segments. Depreciation and amortization for centrally managed assets are allocated to business segments based on usage and occupancy. During the six months ended June 30, 2026, $426 was allocated to the primary business segments, of which $238, $149, and $39 was allocated to BCA, BDS and BGS, respectively. During the six months ended June 30, 2025, $351 was allocated to the primary business segments, of which $172, $140, and $39 was allocated to BCA, BDS and BGS, respectively. During the three months ended June 30, 2026, $238 was allocated to the primary business segments, of which $133, $83, and $22 was allocated to BCA, BDS and BGS, respectively. During the three months ended June 30, 2025, $182 was allocated to the primary business segments, of which $90, $72, and $20 was allocated to BCA, BDS and BGS, respectively.
v3.26.1
Insider Trading Arrangements
 3 Months Ended
Jun. 30, 2026
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
v3.26.1
Basis of Presentation (Policy)
 6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Consolidation
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, 2026, 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 2025 Annual Report on Form 10-K.
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.
Goodwill
Goodwill
We performed our annual goodwill impairment test as of April 1, 2026, using a qualitative assessment. We determined the fair value of each of our reporting units substantially exceeded their respective carrying values.
Long-term Contracts
Long-term Contracts
Substantially all contracts at our BDS segment and certain contracts at our Global Services (BGS) segment are long-term contracts with the U.S. government and other customers that generally extend over several years. 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 revenues and costs at completion for a long-term contract indicate a loss, a provision for the entire reach-forward loss on the long-term contract 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 attributable to Boeing shareholders, less Mandatory convertible preferred stock dividends accumulated during the period and earnings available to participating securities, divided by the basic weighted average common shares outstanding.
Diluted earnings per share is calculated by taking net earnings attributable to Boeing shareholders, less Mandatory convertible preferred stock dividends accumulated during the period and earnings available to participating securities, divided by the diluted weighted average common shares outstanding. Diluted weighted average common shares outstanding is calculated using the treasury stock method for share-based compensation awards and the if-converted method for Mandatory convertible preferred stock and Spirit Exchangeable Notes. Under the if-converted method, if the potential conversion of our Mandatory convertible preferred stock and/or Spirit Exchangeable Notes is dilutive, net earnings attributable to Boeing shareholders is adjusted to add back the Mandatory convertible preferred stock dividends accumulated during the period and/or the periodic interest expense on the Spirit Exchangeable Notes, net of tax.
Backlog
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.
v3.26.1
Summary of Business Segment Data (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting, Descriptive Information [Abstract]  
Segment Reporting
(Dollars in millions)Six months ended June 30Three months ended June 30
2026202520262025
Revenues:
Commercial Airplanes$20,954 $19,021 $11,751 $10,874 
Defense, Space & Security15,082 12,915 7,483 6,617 
Global Services10,714 10,344 5,344 5,281 
Unallocated items, eliminations and other27 (35)(18)(23)
Total revenues$46,777 $42,245 $24,560 $22,749 
Earnings/(loss) from operations:
Commercial Airplanes($885)($1,094)($322)($557)
Defense, Space & Security218 265 (15)110 
Global Services1,939 1,992 968 1,049 
Segment operating earnings1,272 1,163 631 602 
Unallocated items, eliminations and other(978)(1,397)(630)(1,035)
FAS/CAS service cost adjustment310 519 155 257 
Earnings/(loss) from operations604 285 156 (176)
Other income, net273 648 79 325 
Interest and debt expense(1,216)(1,418)(600)(710)
Loss before income taxes(339)(485)(365)(561)
Income tax expense(96)(158)(63)(51)
Net loss(435)(643)(428)(612)
Less: Net earnings/(loss) attributable to noncontrolling interest13 5 16 (1)
Net loss attributable to Boeing shareholders(448)(648)(444)(611)
Less: Mandatory convertible preferred stock dividends accumulated during the period172 172 86 86 
Net loss attributable to Boeing common shareholders($620)($820)($530)($697)
v3.26.1
Basis of Presentation (Tables)
 6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Change in Accounting Estimate
The table below reflects the impact of net cumulative catch-up adjustments for changes in estimated revenues and costs at completion across all long-term contracts, including the impact to Earnings/(loss) from operations from changes in estimated losses on unexercised options.
(In millions - except per share amounts)Six months ended June 30Three months ended June 30
2026202520262025
Decrease to Revenue($120)($306)($142)($166)
(Decrease) to Earnings/Increase to (loss) from operations($381)($338)($350)($187)
Increase to Diluted loss per share
($0.57)($0.49)($0.52)($0.27)
v3.26.1
Spirit Acquisition (Tables)
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Combination
Total consideration for the Spirit Acquisition was $8,389 comprised of the following:
Boeing common stock exchanged for Spirit common stock (1)
$4,704 
Settlement of loans, advances and other payments to Spirit
2,589 
Debt repaid on Spirit’s behalf948 
Premium on assumed Spirit Exchangeable Notes
109 
Exchange of Spirit share-based awards (1)
39 
Fair value of total consideration
$8,389 
(1)     Fair value of consideration reflects the price per share of Boeing common stock on the acquisition date.
Business Combination, Recognized Asset Acquired and Liability Assumed
The preliminary allocation of the purchase price was as follows:
Description
As of December 31, 2025
As of June 30, 2026
Cash and cash equivalents$281 $281 
Accounts receivable339 396 
Unbilled receivables126 128 
Inventories1,438 1,408 
Property, plant and equipment2,419 2,447 
Goodwill9,997 10,278 
Acquired intangible assets109 173 
Other assets116 121 
Accounts payable(953)(963)
Accrued liabilities(1,784)(2,202)
Advances and progress billings(97)(92)
Short-term debt and current portion of long-term debt(329)(329)
Other long-term liabilities(178)(140)
Long-term debt(3,279)(3,279)
Other166 162 
Total net assets acquired$8,371 $8,389 
Present Value of Estimated Revenue, from Expected Amortization Future estimated revenues from the amortization of off-market contract liabilities is as follows:
2026
2027
2028
2029
2030
Estimated revenue
$64 $154 $162 $150 $146 
v3.26.1
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares
The elements used in the computation of Basic and Diluted loss per share were as follows:
(In millions - except per share amounts)Six months ended June 30Three months ended June 30
2026202520262025
Net loss attributable to Boeing shareholders($448)($648)($444)($611)
Less: Mandatory convertible preferred stock dividends accumulated during the period172 172 86 86 
Less: earnings available to participating securities  
Net loss available to common shareholders($620)($820)($530)($697)
Basic
Basic weighted average shares outstanding
789.4 755.2 790.8 756.8 
Less: participating securities (1)
0.2 0.2 0.2 0.2 
Basic weighted average common shares outstanding
789.2 755.0 790.6 756.6 
Diluted
Diluted weighted average shares outstanding
789.4 755.2 790.8 756.8 
Less: participating securities (1)
0.2 0.2 0.2 0.2 
Diluted weighted average common shares outstanding
789.2 755.0 790.6 756.6 
Net loss per share:
Basic
($0.79)($1.09)($0.67)($0.92)
Diluted
(0.79)(1.09)(0.67)(0.92)
(1)Participating securities include certain instruments in our deferred compensation plan.
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 per share. Potential common shares from performance restricted stock units, restricted stock units and stock options were not included because their effect was antidilutive based on their strike price or the performance condition was not met.
(Shares in millions)Six months ended June 30Three months ended June 30
2026202520262025
Performance restricted stock units0.2 0.6 0.2 0.5 
Restricted stock units0.4 0.3  
Stock options0.7 0.9 0.7 0.8 
v3.26.1
Allowances for Losses on Financial Assets (Tables)
 6 Months Ended
Jun. 30, 2026
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, 2026 and 2025, consisted of the following:
Accounts receivable Unbilled receivablesOther current assets
Financing receivables
Other assetsTotal
Balance at January 1, 2025($92)($38)($47)($7)($199)($383)
Changes in estimates(4)(5)(9)3 (44)(59)
Write-offs7 1 8 
Recoveries1 1 
Other11 11 
Balance at June 30, 2025
($77)($43)($55)($4)($243)($422)
Balance at January 1, 2026($76)($42)($43)$0 ($111)($272)
Changes in estimates(9)10   (14)(13)
Write-offs3  1  6 10 
Recoveries    1 1 
Balance at June 30, 2026
($82)($32)($42)$0 ($118)($274)
v3.26.1
Inventories (Tables)
 6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current
Inventories consisted of the following:
June 30
2026		December 31
2025
Commercial aircraft programs$74,375 $70,785 
Long-term contracts in progress642 720 
Capitalized precontract costs (1)
1,222 1,411 
Commercial spare parts, used aircraft, general stock materials and other
12,149 11,763 
Total$88,388 $84,679 
(1)Capitalized precontract costs at June 30, 2026 and December 31, 2025, included amounts related to Commercial Crew, T-7A Red Hawk Production Options and KC-46A Tanker. See Note 10.
v3.26.1
Financing Receivables and Operating Lease Equipment (Tables)
 6 Months Ended
Jun. 30, 2026
Financing Receivables and Operating Lease Equipment [Abstract]  
Schedule of Customer Financing Carrying Values Related to Major Aircraft Concentrations
The majority of our operating lease equipment portfolio is concentrated in the following aircraft models:
June 30
2026		December 31
2025
777 Aircraft
$164 $170 
737 Aircraft
$145 $45 
v3.26.1
Investments (Tables)
 6 Months Ended
Jun. 30, 2026
Investments [Abstract]  
Schedule of Investments
Our investments, which are recorded in Short-term and other investments or Investments, consisted of the following:
June 30
2026		December 31
2025
Time deposits (1)
$11,530 $17,230 
Equity method investments - United Launch Alliance585 556 
Equity method investments - Other (2)
486 441 
Restricted cash & cash equivalents (1)(3)
727 742 
Available-for-sale debt investments (1)
542 524 
Equity and other investments30 34 
Total$13,900 $19,527 
(1)Primarily included in Short-term and other investments on our Condensed Consolidated Statements of Financial Position.
(2)Dividends received were $5 and $5 during the six and three months ended June 30, 2026 and $10 and $8 for the same periods in 2025.
(3)At June 30, 2026, and December 31, 2025, Restricted cash & cash equivalents included $689 placed in escrow pursuant to the May 2025 non-prosecution agreement with the U.S. Department of Justice. See Note 18 for additional discussion.
v3.26.1
Liabilities, Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2026
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, 2026 and 2025.
20262025
Beginning balance – January 1$383 $641 
Reductions for payments made(19)(64)
Reductions for concessions and other in-kind considerations (66)
Changes in estimates(80)(5)
Ending balance – June 30$284 $506 
Schedule of Environmental Remediation Activity
The following table summarizes changes in environmental remediation liabilities during the six months ended June 30, 2026 and 2025.
20262025
Beginning balance – January 1$877 $834 
Reductions for payments made, net of recoveries(43)(35)
Changes in estimates137 49 
Ending balance – June 30$971 $848 
Schedule of Product Warranty Activity
The following table summarizes changes in product warranty liabilities recorded during the six months ended June 30, 2026 and 2025.
20262025
Beginning balance – January 1$2,797 $2,133 
Additions for current year deliveries129 82 
Reductions for payments made(174)(174)
Changes in estimates521 298 
Ending balance – June 30$3,273 $2,339 
Schedule of Contractual Obligation, Fiscal Year Maturity The estimated earliest potential funding dates for these commitments as of June 30, 2026 are as follows:

Total
July through December 2026
$1,186 
20273,679 
20282,808 
20292,227 
2030949 
Thereafter5,987 
Total
$16,836 
v3.26.1
Arrangements with Off-Balance Sheet Risk (Tables)
 6 Months Ended
Jun. 30, 2026
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
2026		December 31
2025		June 30
2026		December 31
2025		June 30
2026		December 31
2025
Contingent repurchase commitments
$163 $186 $163 $186 
Credit guarantees522 15  $34 $14 
v3.26.1
Postretirement Plans (Tables)
 6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost
The components of net periodic benefit cost/(income) were as follows:
Six months ended June 30Three months ended June 30
Pension Plans2026202520262025
Service cost$4 $4 $2 $3 
Interest cost1,311 1,338 653 669 
Expected return on plan assets(1,438)(1,539)(717)(770)
Amortization of prior service credits(36)(37)(18)(18)
Recognized net actuarial loss310 153 155 77 
Net periodic benefit cost/(income)$151 ($81)$75 ($39)
Net periodic benefit cost included in Earnings/(loss) from operations$2 $4 $1 $3 
Net periodic benefit cost/(income) included in Other income, net147 (85)73 (42)
Net periodic benefit expense/(income) included in Loss before income taxes$149 ($81)$74 ($39)
Six months ended June 30Three months ended June 30
Other Postretirement Plans2026202520262025
Service cost$25 $25 $13 $12 
Interest cost60 68 30 34 
Expected return on plan assets(6)(6)(3)(3)
Amortization of prior service credits(2) (1) 
Recognized net actuarial gain(70)(71)(35)(35)
Net periodic benefit cost$7 $16 $4 $8 
Net periodic benefit cost included in Earnings/(loss) from operations$25 $25 $13 $12 
Net periodic benefit income included in Other income, net(18)(9)(9)(4)
Net periodic benefit cost included in Loss before income taxes$7 $16 $4 $8 
v3.26.1
Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Conversion Rate Per Share of Mandatory Convertible Preferred Stock
The following table illustrates the conversion rate per share of Mandatory convertible preferred stock, subject to certain anti-dilution adjustments, based on the applicable market value of the common stock:
Applicable Market Value of Common StockConversion Rate per Share of Mandatory Convertible Preferred Stock
Greater than $171.5854
5.8280 shares of common stock
Equal to or less than $171.5854 but greater than or equal to $142.9797
Between 5.8280 and 6.9940 shares of common stock, determined by dividing $1,000 by the applicable market value
Less than $142.9797
6.9940 shares of common stock
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, 2026 and 2025, were as follows:
Currency Translation AdjustmentsUnrealized 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, 2025($178)$2 ($211)($10,528)($10,915)
Other comprehensive income/(loss) before reclassifications108 206 (2)312 
Amounts reclassified from AOCI
28 36 64 
Net current period Other comprehensive income108 234 34 376 
Balance at June 30, 2025($70)$2 $23 ($10,494)($10,539)
Balance at January 1, 2026$64 $2 $88 ($10,431)($10,277)
Other comprehensive (loss)/income before reclassifications
(28)(1)16 9 (4)
Amounts reclassified from AOCI
(9)158 149 
Net current period Other comprehensive (loss)/income
(28)(1)7 167 145 
Balance at June 30, 2026$36 $1 $95 ($10,264)($10,132)
Balance at March 31, 2025($132)$2 ($125)($10,505)($10,760)
Other comprehensive income/(loss) before reclassifications62 138 (2)198 
Amounts reclassified from AOCI
10 13 23 
Net current period Other comprehensive income
62 148 11 221 
Balance at June 30, 2025($70)$2 $23 ($10,494)($10,539)
Balance at March 31, 2026$1 $1 $74 ($10,342)($10,266)
Other comprehensive income before reclassifications35  24  59 
Amounts reclassified from AOCI
  (3)78 75 
Net current period Other comprehensive income35 21 78 134 
Balance at June 30, 2026$36 $1 $95 ($10,264)($10,132)
(1)     Net of tax.
v3.26.1
Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2026
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 assetsAccrued liabilities
June 30
2026		December 31
2025		June 30
2026		December 31
2025		June 30
2026		December 31
2025
Derivatives designated as hedging instruments:
Foreign exchange contracts$5,593 $5,736 $156 $143 ($102)($77)
Commodity contracts353 435 83 92  (1)
Derivatives not receiving hedge accounting treatment:
Foreign exchange contracts325 320 5 3 (5)(10)
Total derivatives$6,271 $6,491 $244 $238 ($107)($88)
Netting arrangements(62)(45)62 45 
Net recorded balance$182 $193 ($45)($43)
(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 income, net of tax are presented in the following table:
Six months ended June 30Three months ended June 30

2026202520262025
Recognized in Other comprehensive income, net of tax:
Foreign exchange contracts$4 $201 $29 $134 
Commodity contracts12 5 (5)4 
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 30Three months ended June 30
2026202520262025
Foreign exchange contracts
Revenues$1  
Costs and expenses(13)($12)($7)($8)
General and administrative expense19 (9)8 1 
Commodity contracts
Costs and expenses$4 ($18)$2 ($7)
General and administrative expense3 3 1 1 
v3.26.1
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2026
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, 2026December 31, 2025
TotalLevel 1Level 2TotalLevel 1Level 2
Assets
Money market funds$2,324 $2,324 $3,793 $3,793 
Available-for-sale debt investments:
AFS - Commercial paper210 $210 163 $163 
AFS - Corporate notes306 306 344 344 
AFS - US government agencies27  27 27 27 
Other equity investments5 5 9 9 
Derivatives182 182 193 193 
Total assets$3,054 $2,329 $725 $4,529 $3,802 $727 
Liabilities
Derivatives($45)($45)($43)($43)
Total liabilities($45) ($45)($43)($43)
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 of the related assets as of the impairment date:

20262025
Fair ValueTotal
Losses		Fair ValueTotal
Losses
Investments ($17) ($28)
Other assets  $5 (2)
Operating lease equipment
$22 (1) 
Total$22 ($18)$5 ($30)
Fair Value, Assets Measured on Nonrecurring Basis, Valuation Techniques
For Level 3 operating lease equipment that were measured at fair value on a nonrecurring basis during the period ended June 30, 2026, the following table presents the fair value of those assets as of the measurement date, valuation techniques and related unobservable inputs of those assets.
Fair
Value
Valuation
Technique
Unobservable InputRange
Median or Average
Operating lease equipment
$22Market approachAircraft value publications
$21 - $24 (1)
Median $22
(1)The range represents the sum of the highest and lowest values for all aircraft subject to fair value measurement, according to the third-party aircraft valuation publications that we use in our valuation process.
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, 2026
Carrying
Amount		Total Fair
Value		Level 1Level 2Level 3
Assets
Notes receivable, net$46 $49 $41 $8 
Liabilities
Debt, excluding finance lease obligations (45,596)(45,374)(45,374)
December 31, 2025
Carrying
Amount		Total Fair
Value		Level 1Level 2Level 3
Assets
Notes receivable, net$21 $21 $13 $8 
Liabilities
Debt, excluding finance lease obligations (53,848)(53,769)(53,769)
v3.26.1
Segment and Revenue Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting, Reconciliation of Revenue by Segment to Consolidated The following table reconciles segment Revenues to Segment operating earnings:
BCABDSBGS
For the six months ended June 30,
202620252026202520262025
Revenues$20,954 $19,021 $15,082 $12,915 $10,714 $10,344 
Less:
Research and development expense, net1,200 1,092 366 420 48 59 
Other segment items (1)
20,639 19,023 14,498 12,230 8,727 8,293 
Segment operating (loss)/earnings($885)($1,094)$218 $265 $1,939 $1,992 
For the three months ended June 30,
202620252026202520262025
Revenues$11,751 $10,874 $7,483 $6,617 $5,344 $5,281 
Less:
Research and development expense, net597 558 192 221 26 30 
Other segment items(1)
11,476 10,873 7,306 6,286 4,350 4,202 
Segment operating (loss)/earnings($322)($557)($15)$110 $968 $1,049 
(1)    Primarily includes costs of products and services and general and administrative expenses.
Schedule of Disaggregation of Revenue
BCA revenues by customer location consisted of the following:
(Dollars in millions)Six months ended June 30Three months ended June 30
2026202520262025
Revenue from contracts with customers:
Europe$5,107 $1,498 $2,568 $990 
Asia4,464 5,379 2,459 2,422 
Middle East2,906 1,760 2,140 1,277 
Other non-U.S.1,381 1,188 938 799 
Total non-U.S. revenues13,858 9,825 8,105 5,488 
United States6,890 9,144 3,483 5,361 
Estimated potential concessions and other considerations to 737 MAX customers80 5 80 5 
Total revenues from contracts with customers20,828 18,974 11,668 10,854 
Intersegment revenues eliminated on consolidation126 47 83 20 
Total segment revenues$20,954 $19,021 $11,751 $10,874 
Revenue recognized on fixed-price contracts100 %100 %100 %100 %
Revenue recognized at a point in time100 %100 %100 %100 %
BDS revenues on contracts with customers, based on the customer's location, consisted of the following:
(Dollars in millions)Six months ended June 30Three months ended June 30
2026202520262025
Revenue from contracts with customers:
U.S. customers$12,095 $10,160 $5,983 $5,227 
Non-U.S. customers (1)
2,987 2,755 1,500 1,390 
Total segment revenue from contracts with customers$15,082 $12,915 $7,483 $6,617 
Revenue recognized over time100 %100 %100 %100 %
Revenue recognized on fixed-price contracts60 %58 %58 %58 %
Revenue from the U.S. government (1)
93 %92 %92 %92 %
(1)Includes revenues earned from Foreign Military Sales through the U.S. government (FMS).
BGS revenues consisted of the following:
(Dollars in millions)Six months ended June 30Three months ended June 30
2026202520262025
Revenue from contracts with customers:
Commercial$6,033 $5,967 $3,001 $2,996 
Government4,471 4,168 2,243 2,172 
Total revenues from contracts with customers10,504 10,135 5,244 5,168 
Intersegment revenues eliminated on consolidation210 209 100 113 
Total segment revenues$10,714 $10,344 $5,344 $5,281 
Revenue recognized at a point in time55 %53 %55 %52 %
Revenue recognized on fixed-price contracts86 %86 %86 %86 %
Revenue from the U.S. government (1)
31 %30 %31 %31 %
(1)Includes revenues earned from FMS.
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 30Three months ended June 30
2026202520262025
Share-based plans($52)($51)$3 ($21)
Deferred compensation(107)(80)(124)(85)
Amortization of previously capitalized interest(45)(42)(23)(21)
Research and development expense, net(210)(183)(106)(101)
Eliminations and other unallocated items(564)(1,041)(380)(807)
Unallocated items, eliminations and other
($978)($1,397)($630)($1,035)
Components of Financial Accounting Standards and Cost Accounting Standards Adjustment 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 30Three months ended June 30
2026202520262025
Pension FAS/CAS service cost adjustment$185 $390 $92 $197 
Postretirement FAS/CAS service cost adjustment125 129 63 60 
FAS/CAS service cost adjustment$310 $519 $155 $257 
Segment Reporting, Reconciliation of Asset by Segment to Consolidated Segment assets are summarized in the table below:
June 30
2026		December 31
2025
Commercial Airplanes$96,493 $91,878 
Defense, Space & Security17,379 16,604 
Global Services16,966 16,871 
Unallocated items, eliminations and other35,032 42,882 
Total$165,870 $168,235 
Schedule of Capital Expenditures by Segment
Six months ended June 30Three months ended June 30
2026202520262025
Commercial Airplanes$402 $243 $227 $137 
Defense, Space & Security204 113 122 59 
Global Services52 69 28 43 
Unallocated items, eliminations and other1,350 676 356 188 
Total$2,008 $1,101 $733 $427 
Schedule of Depreciation and Amortization by Segment
Six months ended June 30Three months ended June 30
2026202520262025
Commercial Airplanes$367 $212 $177 $111 
Defense, Space & Security
116 103 56 53 
Global Services139 146 70 73 
Centrally Managed Assets (1)
547 465 293 223 
Total$1,169 $926 $596 $460 
(1)Amounts shown in the table represent depreciation and amortization expense recorded by the individual business segments. Depreciation and amortization for centrally managed assets are allocated to business segments based on usage and occupancy. During the six months ended June 30, 2026, $426 was allocated to the primary business segments, of which $238, $149, and $39 was allocated to BCA, BDS and BGS, respectively. During the six months ended June 30, 2025, $351 was allocated to the primary business segments, of which $172, $140, and $39 was allocated to BCA, BDS and BGS, respectively. During the three months ended June 30, 2026, $238 was allocated to the primary business segments, of which $133, $83, and $22 was allocated to BCA, BDS and BGS, respectively. During the three months ended June 30, 2025, $182 was allocated to the primary business segments, of which $90, $72, and $20 was allocated to BCA, BDS and BGS, respectively.
v3.26.1
Summary of Business Segment Data - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Total revenues $ 24,560 $ 22,749 $ 46,777 $ 42,245
Earnings/(loss) from operations 156 (176) 604 285
Other income, net 79 325 273 648
Interest and debt expense (600) (710) (1,216) (1,418)
Loss before income taxes (365) (561) (339) (485)
Income tax expense (63) (51) (96) (158)
Net loss (428) (612) (435) (643)
Less: Net earnings/(loss) attributable to noncontrolling interest 16 (1) 13 5
Net loss attributable to Boeing shareholders (444) (611) (448) (648)
Less: Mandatory convertible preferred stock dividends accumulated during the period 86 86 172 172
Net loss attributable to Boeing common shareholders (530) (697) (620) (820)
Net loss attributable to Boeing common shareholders (530) (697) (620) (820)
Operating Segments        
Segment Reporting [Line Items]        
Earnings/(loss) from operations 631 602 1,272 1,163
Operating Segments | Commercial Airplanes        
Segment Reporting [Line Items]        
Total revenues 11,751 10,874 20,954 19,021
Earnings/(loss) from operations (322) (557) (885) (1,094)
Operating Segments | Defense, Space & Security        
Segment Reporting [Line Items]        
Total revenues 7,483 6,617 15,082 12,915
Earnings/(loss) from operations (15) 110 218 265
Operating Segments | Global Services        
Segment Reporting [Line Items]        
Total revenues 5,344 5,281 10,714 10,344
Earnings/(loss) from operations 968 1,049 1,939 1,992
Unallocated items, eliminations and other        
Segment Reporting [Line Items]        
Total revenues (18) (23) 27 (35)
Unallocated items, eliminations and other (630) (1,035) (978) (1,397)
FAS/CAS service cost adjustment $ 155 $ 257 $ 310 $ 519
v3.26.1
Basis of Presentation - Narrative (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Basis of Presentation Disclosure [Line Items]    
Goodwill $ 17,554 $ 17,275
Military Aircraft | Defense, Space & Security    
Basis of Presentation Disclosure [Line Items]    
Goodwill $ 1,295  
v3.26.1
Basis of Presentation - Schedule of Change in Accounting Estimate (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]        
Decrease to Revenue $ (142) $ (166) $ (120) $ (306)
(Decrease) to Earnings/Increase to (loss) from operations $ (350) $ (187) $ (381) $ (338)
Increase to Diluted loss per share (in dollars per share) $ (0.52) $ (0.27) $ (0.57) $ (0.49)
v3.26.1
Spirit Acquisition - Narrative (Details) - USD ($)
$ in Millions
Dec. 08, 2025
Jun. 30, 2026
Dec. 31, 2025
Business Combination [Line Items]      
Goodwill   $ 17,554 $ 17,275
Spirit AeroSystems Holdings, Inc.      
Business Combination [Line Items]      
Business combination, consideration transferred $ 8,389    
Goodwill 10,278 $ 10,278 $ 9,997
Business combination, recognized liability assumed, accrued liability $ 1,520    
Business combination, finalized purchase price allocation, duration 1 year    
Spirit AeroSystems Holdings, Inc. | Customer Relationships      
Business Combination [Line Items]      
Intangible asset, finite-lived, acquired $ 109    
Acquired finite-lived intangible assets, weighted average useful life 5 years    
Spirit AeroSystems Holdings, Inc. | In Process Research and Development      
Business Combination [Line Items]      
Intangible asset, finite-lived, acquired $ 64    
v3.26.1
Spirit Acquisition - Schedule of Business Combination (Details) - Spirit AeroSystems Holdings, Inc.
$ in Millions
Dec. 08, 2025
USD ($)
Business Combination [Line Items]  
Fair value of total consideration $ 8,389
Settlement of loans, advances and other payments to Spirit  
Business Combination [Line Items]  
Business combination, consideration transferred, liabilities incurred 2,589
Debt repaid on Spirit’s behalf  
Business Combination [Line Items]  
Business combination, consideration transferred, liabilities incurred 948
Boeing common stock exchanged for Spirit common stock  
Business Combination [Line Items]  
Business combination, consideration transferred, equity interest 4,704
Premium on assumed Spirit Exchangeable Notes  
Business Combination [Line Items]  
Business combination, consideration transferred, equity interest 109
Exchange of Spirit share-based awards  
Business Combination [Line Items]  
Business combination, consideration transferred, equity interest $ 39
v3.26.1
Spirit Acquisition - Schedule of Business Combination, Recognized Asset Acquired and Liability Assumed (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Dec. 08, 2025
Preliminary      
Goodwill $ 17,554 $ 17,275  
Spirit AeroSystems Holdings, Inc.      
Preliminary      
Cash and cash equivalents 281 281  
Accounts receivable 396 339  
Unbilled receivables 128 126  
Inventories 1,408 1,438  
Property, plant and equipment 2,447 2,419  
Goodwill 10,278 9,997 $ 10,278
Acquired intangible assets 173 109  
Other assets 121 116  
Accounts payable (963) (953)  
Accrued liabilities (2,202) (1,784)  
Advances and progress billings (92) (97)  
Short-term debt and current portion of long-term debt (329) (329)  
Other long-term liabilities (140) (178)  
Long-term debt (3,279) (3,279)  
Other 162 166  
Total net assets acquired $ 8,389 $ 8,371  
v3.26.1
Spirit Acquisition - Present Value of Future Insurance Profits, Expected Amortization (Details) - Spirit AeroSystems Holdings, Inc.
$ in Millions
Dec. 08, 2025
USD ($)
Estimated revenue  
2026 $ 64
2027 154
2028 162
2029 150
2030 $ 146
v3.26.1
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, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Basic        
Net loss attributable to Boeing shareholders $ (444) $ (611) $ (448) $ (648)
Less: Mandatory convertible preferred stock dividends accumulated during the period 86 86 172 172
Less: earnings available to participating securities
Net loss available to common shareholders $ (530) $ (697) $ (620) $ (820)
Basic        
Basic weighted average shares outstanding (in shares) 790.8 756.8 789.4 755.2
Participating securities (in shares) 0.2 0.2 0.2 0.2
Basic weighted average common shares outstanding (in shares) 790.6 756.6 789.2 755.0
Diluted        
Diluted weighted average shares outstanding (in shares) 790.8 756.8 789.4 755.2
Participating securities (in shares) 0.2 0.2 0.2 0.2
Diluted weighted average common shares outstanding (in shares) 790.6 756.6 789.2 755.0
Basic net loss per share (in dollars per share) $ (0.67) $ (0.92) $ (0.79) $ (1.09)
Diluted net loss per share (in dollars per share) $ (0.67) $ (0.92) $ (0.79) $ (1.09)
v3.26.1
Earnings Per Share - Schedule of Weighted Average Number of Shares Outstanding Excluded from the Computation of Diluted Earnings Per Share (Details) - Antidilutive or Performance Condition not met - shares
shares in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Performance restricted stock units        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Shares excluded from the computation of diluted earnings (in shares) 0.2 0.5 0.2 0.6
Restricted stock units        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Shares excluded from the computation of diluted earnings (in shares) 0.4 0.3
Stock options        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Shares excluded from the computation of diluted earnings (in shares) 0.7 0.8 0.7 0.9
v3.26.1
Earnings Per Share - Narrative (Details) - shares
shares in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Antidilutive due to Net Loss        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Shares excluded from the computation of diluted earnings (in shares) 36.7 36.9 36.9 36.8
v3.26.1
Income Taxes (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Income Tax Disclosure [Abstract]          
Estimated annual effective income tax rate     (18.20%)    
Effective income tax rate (17.30%) (9.10%) (28.30%) (32.60%)  
Valuation allowance         $ 9,754
v3.26.1
Allowances for Losses on Financial Assets - Schedule of Financial Assets, Allowance for Credit Loss (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Contract with Customer, Asset, Allowance for Credit Loss [Roll Forward]    
Account receivable, allowance for credit loss, beginning balance $ (76) $ (92)
Unbilled receivables, allowance for credit loss, beginning balance (42) (38)
Allowance for credit loss, beginning balance (272) (383)
Financing receivables, allowance for credit loss, beginning balance 0 (7)
Accounts receivable, changes in estimates (9) (4)
Unbilled receivables, changes in estimates 10 (5)
Changes in estimates (13) (59)
Customer financing, changes in estimates   3
Accounts receivable, write-offs 3 7
Write-offs 10 8
Accounts receivable, recoveries   1
Recoveries 1 1
Accounts receivable, other   11
Account receivable, allowance for credit loss, ending balance (82) (77)
Unbilled receivables, allowance for credit loss, ending balance (32) (43)
Allowance for credit loss, ending balance (274) (422)
Financing receivables, allowance for credit loss, ending balance 0 (4)
Location, Statement of Financial Position, Balance [Axis]: us-gaap:OtherAssetsCurrent    
Contract with Customer, Asset, Allowance for Credit Loss [Roll Forward]    
Allowance for credit loss, beginning balance (43) (47)
Allowance for credit loss, ending balance (42) (55)
Location, Statement of Financial Position, Balance [Axis]: us-gaap:OtherAssetsNoncurrent    
Contract with Customer, Asset, Allowance for Credit Loss [Roll Forward]    
Allowance for credit loss, beginning balance (111) (199)
Allowance for credit loss, ending balance (118) (243)
Location, Statement of Financial Position, Activity, Accrual [Axis]: us-gaap:OtherAssetsCurrent    
Contract with Customer, Asset, Allowance for Credit Loss [Roll Forward]    
Changes in estimates   (9)
Write-offs 1 1
Location, Statement of Financial Position, Activity, Accrual [Axis]: us-gaap:OtherAssetsNoncurrent    
Contract with Customer, Asset, Allowance for Credit Loss [Roll Forward]    
Changes in estimates (14) $ (44)
Write-offs 6  
Recoveries $ 1  
v3.26.1
Inventories - Schedule of Inventory, Current (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Inventory Disclosure [Abstract]    
Commercial aircraft programs $ 74,375 $ 70,785
Long-term contracts in progress 642 720
Capitalized precontract costs 1,222 1,411
Commercial spare parts, used aircraft, general stock materials and other 12,149 11,763
Total $ 88,388 $ 84,679
v3.26.1
Inventories - Narrative (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Early Issue Sales Consideration    
Inventory [Line Items]    
Inventory subject to uncertainty $ 6,584 $ 6,412
Airplane Program 737    
Inventory [Line Items]    
Amount of deferred costs related to commercial aircraft programs 13,081 11,777
Unamortized tooling and other non-recurring costs 723 750
Deferred production, unamortized tooling and other nonrecurring costs to be recovered from firm orders at the balance sheet date 13,773  
Deferred production, unamortized tooling and other nonrecurring costs to be recovered from future orders 31  
Airplane Program 777x    
Inventory [Line Items]    
Amount of deferred costs related to commercial aircraft programs 1,659 651
Unamortized tooling and other non-recurring costs 2,048 1,816
Inventory, work in process 6,366 4,313
Airplane Program 787    
Inventory [Line Items]    
Amount of deferred costs related to commercial aircraft programs 14,428 13,859
Unamortized tooling and other non-recurring costs 1,316 1,366
Deferred production, unamortized tooling and other nonrecurring costs to be recovered from firm orders at the balance sheet date 13,596  
Deferred production, unamortized tooling and other nonrecurring costs to be recovered from future orders 2,148  
Supplier advances $ 918 $ 932
v3.26.1
Contracts with Customers (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]          
Unbilled receivables, net $ 9,660   $ 9,660   $ 9,158
Advances and progress billings 64,059   64,059   $ 59,404
Contract with customer, liability, revenue recognized $ 5,307 $ 5,689 $ 10,362 $ 11,177  
v3.26.1
Financing Receivables and Operating Lease Equipment - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Financing Receivables and Operating Lease Equipment [Line Items]          
Financing receivable, before allowance for credit loss $ 25   $ 25   $ 0
Property, plant, and equipment, lessor asset under operating lease, after accumulated depreciation 340   340   241
Operating lease equipment, accumulated depreciation 69   69   $ 60
Operating lease, lease income $ 13 $ 11 $ 25 $ 23  
Minimum          
Financing Receivables and Operating Lease Equipment [Line Items]          
Lessee, finance lease, term of contract (in years) 1 year   1 year    
Maximum          
Financing Receivables and Operating Lease Equipment [Line Items]          
Lessee, finance lease, term of contract (in years) 12 years   12 years    
v3.26.1
Financing Receivables and Operating Lease Equipment - Schedule of Customer Financing Carrying Values Related to Major Aircraft Concentrations (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
777 Aircraft    
Financing Receivables and Operating Lease Equipment [Line Items]    
Gross customer financing $ 164 $ 170
737 Aircraft    
Financing Receivables and Operating Lease Equipment [Line Items]    
Gross customer financing $ 145 $ 45
v3.26.1
Investments - Schedule of Investments (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Net Investment Income [Line Items]          
Time deposits $ 11,530   $ 11,530   $ 17,230
Restricted cash & cash equivalents 727 $ 709 727 $ 709 742
Available-for-sale debt investments 542   542   524
Equity and other investments 30   30   34
Total 13,900   13,900   19,527
Dividends received 5 $ 8 5 $ 10  
Escrow deposit 689   689   689
Equity method investments - United Launch Alliance          
Net Investment Income [Line Items]          
Equity method investments 585   585   556
Equity method investments - Other          
Net Investment Income [Line Items]          
Equity method investments $ 486   $ 486   $ 441
v3.26.1
Investments - Narrative (Details)
$ in Millions
 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
May 31, 2026
USD ($)
Dec. 31, 2025
USD ($)
Net Investment Income [Line Items]        
Payments to acquire investments $ 19,444 $ 21,581    
Proceeds from investments 25,090 18,847    
Credit guarantees        
Net Investment Income [Line Items]        
Guarantor obligations, current carrying value 34   $ 500 $ 14
Time Deposits        
Net Investment Income [Line Items]        
Payments to acquire investments 19,090 21,245    
Proceeds from investments $ 24,790 $ 18,540    
United Launch Alliance (ULA) | Boeing Company        
Net Investment Income [Line Items]        
Investment, membership interest ownership percentage 0.50      
United Launch Alliance (ULA) | Lockheed Martin Corporation (Lockheed)        
Net Investment Income [Line Items]        
Investment, membership interest ownership percentage 0.50      
v3.26.1
Liabilities, Commitments and Contingencies - Schedule of 737 Max Customer Concessions and Other Considerations Liability (Details) - 737 Aircraft - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Customer Concession And Other Consideration Liability [Roll Forward]    
Beginning balance – January 1 $ 383 $ 641
Reductions for payments made (19) (64)
Reductions for concessions and other in-kind considerations (66)
Changes in estimates (80) (5)
Ending balance – June 30 $ 284 $ 506
v3.26.1
Liabilities, Commitments and Contingencies - Schedule of Environmental Remediation Activity (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Environmental [Roll Forward]    
Beginning balance – January 1 $ 877 $ 834
Reductions for payments made, net of recoveries (43) (35)
Changes in estimates 137 49
Ending balance – June 30 $ 971 $ 848
v3.26.1
Liabilities, Commitments and Contingencies - Narrative (Details)
$ in Millions
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
USD ($)
aircraft
lot
Jun. 30, 2025
USD ($)
vehicle
lot
aircraft
Sep. 30, 2018
USD ($)
aircraft
Jun. 30, 2026
USD ($)
aircraft
lot
Jun. 30, 2025
USD ($)
vehicle
lot
aircraft
Dec. 31, 2025
USD ($)
Dec. 31, 2018
USD ($)
aircraft
simulator
Dec. 31, 2011
lot
aircraft
tanker
Commitments And Contingencies [Line Items]                
Environmental loss contingency, operation and maintenance period, maximum       30 years        
Loss contingency, range of possible loss, portion not accrued $ 1,115     $ 1,115   $ 1,171    
Contingent liabilities on outstanding letters of credit agreements and surety bonds 3,479     3,479   3,295    
Supplier finance program, obligation 2,003     2,003   1,994    
(Decrease) to Earnings/Increase to (loss) from operations (350) $ (187)   (381) $ (338)      
Number of annual production lot | lot               13
Number of production lot | lot   10     10      
VC-25B                
Commitments And Contingencies [Line Items]                
Contract value $ 4,000     $ 4,000        
Number of commercial aircraft | aircraft 2     2        
(Decrease) to Earnings/Increase to (loss) from operations $ (280)         (60)    
KC-46A Tanker                
Commitments And Contingencies [Line Items]                
Contract value $ 33,000     $ 33,000        
(Decrease) to Earnings/Increase to (loss) from operations           (714)    
Number of generation aerial refueling tanker | tanker               4
Number of aircraft | aircraft 169     169       179
Number of low rate initial production lot | lot 12     12        
KC-46A Tanker | Capitalized Precontract Costs                
Commitments And Contingencies [Line Items]                
Capitalized precontract costs $ 86     $ 86        
KC-46A Tanker | Potential Termination Liabilities                
Commitments And Contingencies [Line Items]                
Capitalized precontract costs $ 194     $ 194        
MQ-25                
Commitments And Contingencies [Line Items]                
Contract value     $ 890          
(Decrease) to Earnings/Increase to (loss) from operations     $ (291)          
Number of aircraft | aircraft     7          
T-7A EMD                
Commitments And Contingencies [Line Items]                
Contract value             $ 860  
Number of aircraft | aircraft 5     5     5  
Number of simulator | simulator             7  
Number of test vehicle | vehicle   4     4      
T-7A Production                
Commitments And Contingencies [Line Items]                
(Decrease) to Earnings/Increase to (loss) from operations             $ (400)  
Number of aircraft | aircraft 14 342   14 342      
T-7A Production | Capitalized Precontract Costs                
Commitments And Contingencies [Line Items]                
Capitalized precontract costs $ 267     $ 267        
T-7A Production | Potential Termination Liabilities                
Commitments And Contingencies [Line Items]                
Capitalized precontract costs 865     865        
Commercial Crew | Capitalized Precontract Costs                
Commitments And Contingencies [Line Items]                
Capitalized precontract costs 558     558        
Commercial Crew | Potential Termination Liabilities                
Commitments And Contingencies [Line Items]                
Capitalized precontract costs $ 19     $ 19        
Minimum | Supplier Finance Program, Majority of Amounts Payable                
Commitments And Contingencies [Line Items]                
Supplier finance program, payment timing, period 30 days     30 days        
Maximum | Supplier Finance Program, Majority of Amounts Payable                
Commitments And Contingencies [Line Items]                
Supplier finance program, payment timing, period 90 days     90 days        
Commercial Aircraft Commitments | Total Contractual Trade-In Commitment                
Commitments And Contingencies [Line Items]                
Other commitment $ 1,130     $ 1,130   1,267    
Commercial Aircraft Commitments | Net Amounts Payable to Customers Related to Probable Contractual Trade-In Commitments                
Commitments And Contingencies [Line Items]                
Other commitment 54     54   67    
Commercial Aircraft Commitments | Fair Value of Trade in Value of Aircraft                
Commitments And Contingencies [Line Items]                
Other commitment 52     52   61    
Financing Commitment                
Commitments And Contingencies [Line Items]                
Other commitment 16,836     16,836   $ 15,229    
Financing Commitment | External Credit Rating, Non Investment Grade                
Commitments And Contingencies [Line Items]                
Other commitment 11,698     11,698        
Joint Venture                
Commitments And Contingencies [Line Items]                
Other commitment $ 278     $ 278        
Other commitment, period 12 years     12 years        
v3.26.1
Liabilities, Commitments and Contingencies - Schedule of Product Warranty Activity (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Product Warranties [Roll Forward]    
Beginning balance – January 1 $ 2,797 $ 2,133
Additions for current year deliveries 129 82
Reductions for payments made (174) (174)
Changes in estimates 521 298
Ending balance – June 30 $ 3,273 $ 2,339
v3.26.1
Liabilities, Commitments and Contingencies - Schedule of Contractual Obligation, Fiscal Year Maturity (Details) - Financing Commitment - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Financing Commitments [Line Items]    
July through December 2026 $ 1,186  
2027 3,679  
2028 2,808  
2029 2,227  
2030 949  
Thereafter 5,987  
Total $ 16,836 $ 15,229
v3.26.1
Arrangements with Off-Balance Sheet Risk - Schedule of Guarantor Obligations (Details) - USD ($)
$ in Millions
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
May 31, 2026
Contingent repurchase commitments      
Guarantor Obligations [Line Items]      
Maximum Potential Payments $ 163 $ 186  
Estimated Proceeds from Collateral/Recourse 163 186  
Carrying Amount of  Liabilities  
Credit guarantees      
Guarantor Obligations [Line Items]      
Maximum Potential Payments 522 15  
Estimated Proceeds from Collateral/Recourse  
Carrying Amount of  Liabilities $ 34 $ 14 $ 500
v3.26.1
Arrangements with Off-Balance Sheet Risk - Narrative (Details) - USD ($)
$ in Millions
Jun. 30, 2026
May 31, 2026
Dec. 31, 2025
Contingent repurchase commitments      
Guarantor Obligations [Line Items]      
Guarantor obligations, current carrying value  
Credit guarantees      
Guarantor Obligations [Line Items]      
Guarantor obligations, current carrying value $ 34 $ 500 $ 14
Minimum | Contingent repurchase commitments      
Guarantor Obligations [Line Items]      
Guarantor obligations, repurchase commitment, period post delivery 10 years    
Maximum | Contingent repurchase commitments      
Guarantor Obligations [Line Items]      
Guarantor obligations, repurchase commitment, period post delivery 15 years    
v3.26.1
Debt (Details) - Spirit AeroSystems Holdings, Inc. - Senior Notes
$ in Millions
Dec. 08, 2025
USD ($)
Senior Notes Due 2026  
Debt Instrument [Line Items]  
Business combination, recognized identifiable assets acquired and liabilities assumed, long-term debt, outstanding $ 300
Debt instrument, interest rate, stated percentage 3.85%
Senior Notes Due 2028  
Debt Instrument [Line Items]  
Business combination, recognized identifiable assets acquired and liabilities assumed, long-term debt, outstanding $ 700
Debt instrument, interest rate, stated percentage 4.60%
v3.26.1
Postretirement Plans - Components of Net Periodic Benefit Cost (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Pension        
Defined Benefit Plan Disclosure [Line Items]        
Service cost $ 2 $ 3 $ 4 $ 4
Interest cost 653 669 1,311 1,338
Expected return on plan assets (717) (770) (1,438) (1,539)
Amortization of prior service credits (18) (18) (36) (37)
Recognized net actuarial loss (gain) 155 77 310 153
Net periodic benefit cost/(income) 75 (39) 151 (81)
Postretirement        
Defined Benefit Plan Disclosure [Line Items]        
Service cost 13 12 25 25
Interest cost 30 34 60 68
Expected return on plan assets (3) (3) (6) (6)
Amortization of prior service credits (1) (2)
Recognized net actuarial loss (gain) (35) (35) (70) (71)
Net periodic benefit cost/(income) 4 8 7 16
Income Statement Location [Axis]: us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | Pension        
Defined Benefit Plan Disclosure [Line Items]        
Net periodic benefit cost/(income) included in earnings/(loss) from operations, other income, net and loss before income taxes 74 (39) 149 (81)
Income Statement Location [Axis]: us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | Postretirement        
Defined Benefit Plan Disclosure [Line Items]        
Net periodic benefit cost/(income) included in earnings/(loss) from operations, other income, net and loss before income taxes 4 8 7 16
Income Statement Location [Axis]: us-gaap:OperatingIncomeLoss | Pension        
Defined Benefit Plan Disclosure [Line Items]        
Net periodic benefit cost/(income) included in earnings/(loss) from operations, other income, net and loss before income taxes 1 3 2 4
Income Statement Location [Axis]: us-gaap:OperatingIncomeLoss | Postretirement        
Defined Benefit Plan Disclosure [Line Items]        
Net periodic benefit cost/(income) included in earnings/(loss) from operations, other income, net and loss before income taxes 13 12 25 25
Income Statement Location [Axis]: us-gaap:OtherNonoperatingIncomeExpense | Pension        
Defined Benefit Plan Disclosure [Line Items]        
Net periodic benefit cost/(income) included in earnings/(loss) from operations, other income, net and loss before income taxes 73 (42) 147 (85)
Income Statement Location [Axis]: us-gaap:OtherNonoperatingIncomeExpense | Postretirement        
Defined Benefit Plan Disclosure [Line Items]        
Net periodic benefit cost/(income) included in earnings/(loss) from operations, other income, net and loss before income taxes $ (9) $ (4) $ (18) $ (9)
v3.26.1
Share-Based Compensation and Other Compensation Arrangements (Details) - Restricted stock units
Feb. 17, 2026
installment
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Granted (in shares) | shares 1,922,574
Granted in period, weighted average grant date fair value (in dollars per share) | $ / shares $ 242.18
Number of equal installments | installment 3
Stockholders' equity note, stock split, conversion ratio 1
v3.26.1
Shareholders' Equity - Narrative (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 6 Months Ended 12 Months Ended
Oct. 15, 2027
Oct. 31, 2024
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Class of Stock [Line Items]              
Sale of stock, consideration received on transaction   $ 5,651          
Dividends paid on mandatory convertible preferred stock     $ 86 $ 86 $ 172 $ 158  
Dividends, preferred stock     $ 86        
Preferred stock, dividends per share, declared (in dollars per share)     $ 15.00        
Forecast              
Class of Stock [Line Items]              
Equity instrument, convertible, threshold consecutive trading days 20 days            
Equity instrument, convertible, threshold consecutive trading days trigger period 21 days            
Depositary Share              
Class of Stock [Line Items]              
Sale of stock, number of shares issued in transaction (in shares)   115,000,000          
Mandatory convertible preferred stock              
Class of Stock [Line Items]              
Preferred stock, shares, issued (in shares)   5,750,000 5,750,000   5,750,000   5,750,000
Preferred stock, dividend rate, percentage   6.00%     6.00%   6.00%
Preferred stock, liquidation preference per share (in dollars per share)   $ 1,000          
Preferred stock, par value (in dollars per share)   $ 1.00 $ 1.00   $ 1.00   $ 1.00
Mandatory convertible preferred stock | Forecast              
Class of Stock [Line Items]              
Conversion of stock, shares converted (in shares) 5.8280            
Mandatory convertible preferred stock | Minimum | Forecast              
Class of Stock [Line Items]              
Conversion of stock, shares converted (in shares) 5.8280            
Mandatory convertible preferred stock | Maximum | Forecast              
Class of Stock [Line Items]              
Conversion of stock, shares converted (in shares) 6.9940            
v3.26.1
Shareholders' Equity - Schedule of Conversion Rate Per Share of Mandatory Convertible Preferred Stock (Details)
 6 Months Ended
Jun. 30, 2026
$ / shares
shares
Scenario One | Mandatory convertible preferred stock  
Class of Stock [Line Items]  
Mandatory convertible preferred stock, convertible, conversion price, increase (in dollars per share) $ 171.5854
Conversion of stock, shares converted (in shares) | shares 5.8280
Scenario Two and Three  
Class of Stock [Line Items]  
Mandatory convertible preferred stock, convertible, conversion price, increase (in dollars per share) $ 1,000
Scenario Two and Three | Mandatory convertible preferred stock | Minimum  
Class of Stock [Line Items]  
Conversion of stock, shares converted (in shares) | shares 5.8280
Scenario Two and Three | Mandatory convertible preferred stock | Maximum  
Class of Stock [Line Items]  
Conversion of stock, shares converted (in shares) | shares 6.9940
Scenario Two | Mandatory convertible preferred stock  
Class of Stock [Line Items]  
Mandatory convertible preferred stock, convertible, conversion price, increase (in dollars per share) $ 171.5854
Scenario Three | Mandatory convertible preferred stock  
Class of Stock [Line Items]  
Mandatory convertible preferred stock, convertible, conversion price, increase (in dollars per share) 142.9797
Scenario Four | Mandatory convertible preferred stock  
Class of Stock [Line Items]  
Mandatory convertible preferred stock, convertible, conversion price, increase (in dollars per share) $ 142.9797
Conversion of stock, shares converted (in shares) | shares 6.9940
v3.26.1
Shareholders' Equity - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Accumulated Other Comprehensive Income (Loss) [Roll Forward]        
Beginning balance $ 5,987 $ (3,325) $ 5,457 $ (3,914)
Other comprehensive income/(loss) before reclassifications 59 198 (4) 312
Amounts reclassified from AOCI 75 23 149 64
Net current period Other comprehensive (loss)/income 134 221 145 376
Ending balance 6,115 (3,296) 6,115 (3,296)
Accumulated other comprehensive loss        
Accumulated Other Comprehensive Income (Loss) [Roll Forward]        
Beginning balance (10,266) (10,760) (10,277) (10,915)
Ending balance (10,132) (10,539) (10,132) (10,539)
Currency Translation Adjustments        
Accumulated Other Comprehensive Income (Loss) [Roll Forward]        
Beginning balance 1 (132) 64 (178)
Other comprehensive income/(loss) before reclassifications 35 62 (28) 108
Amounts reclassified from AOCI
Net current period Other comprehensive (loss)/income 35 62 (28) 108
Ending balance 36 (70) 36 (70)
Unrealized Gains and Losses on Certain Investments        
Accumulated Other Comprehensive Income (Loss) [Roll Forward]        
Beginning balance 1 2 2 2
Other comprehensive income/(loss) before reclassifications (1)
Amounts reclassified from AOCI
Net current period Other comprehensive (loss)/income (1)
Ending balance 1 2 1 2
Unrealized Gains and Losses on Derivative Instruments        
Accumulated Other Comprehensive Income (Loss) [Roll Forward]        
Beginning balance 74 (125) 88 (211)
Other comprehensive income/(loss) before reclassifications 24 138 16 206
Amounts reclassified from AOCI (3) 10 (9) 28
Net current period Other comprehensive (loss)/income 21 148 7 234
Ending balance 95 23 95 23
Defined Benefit Pension Plans & Other Postretirement Benefits        
Accumulated Other Comprehensive Income (Loss) [Roll Forward]        
Beginning balance (10,342) (10,505) (10,431) (10,528)
Other comprehensive income/(loss) before reclassifications (2) 9 (2)
Amounts reclassified from AOCI 78 13 158 36
Net current period Other comprehensive (loss)/income 78 11 167 34
Ending balance $ (10,264) $ (10,494) $ (10,264) $ (10,494)
v3.26.1
Derivative Financial Instruments - Schedule of Derivative Instruments in Statement of Financial Position, Fair Value (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Derivative [Line Items]    
Derivative, notional amount $ 6,271 $ 6,491
Other assets 244 238
Accrued liabilities (107) (88)
Netting arrangement, other assets (62) (45)
Netting arrangement, accrued liabilities 62 45
Net recorded balance, other assets 182 193
Net recorded balance, accrued liabilities $ (45) $ (43)
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 $ 5,593 $ 5,736
Other assets 156 143
Accrued liabilities (102) (77)
Designated as Hedging Instrument | Commodity contracts    
Derivative [Line Items]    
Derivative, notional amount 353 435
Other assets 83 92
Accrued liabilities   (1)
Not Designated as Hedging Instrument | Foreign exchange contracts    
Derivative [Line Items]    
Derivative, notional amount 325 320
Other assets 5 3
Accrued liabilities $ (5) $ (10)
v3.26.1
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, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Derivative [Line Items]        
Recognized in Other comprehensive income, net of tax $ 24 $ 138 $ 16 $ 206
Foreign exchange contracts        
Derivative [Line Items]        
Recognized in Other comprehensive income, net of tax 29 134 4 201
Commodity contracts        
Derivative [Line Items]        
Recognized in Other comprehensive income, net of tax $ (5) $ 4 $ 12 $ 5
v3.26.1
Derivative Financial Instruments - Reclassification Out of Accumulated Other Comprehensive Income (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Foreign exchange contracts | Income Statement Location [Axis]: us-gaap:CostsAndExpenses        
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax $ (7) $ (8) $ (13) $ (12)
Foreign exchange contracts | Income Statement Location [Axis]: us-gaap:GeneralAndAdministrativeExpense        
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax 8 1 19 (9)
Foreign exchange contracts | Income Statement Location [Axis]: us-gaap:Revenues        
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax 1
Commodity contracts | Income Statement Location [Axis]: us-gaap:CostsAndExpenses        
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax 2 (7) 4 (18)
Commodity contracts | Income Statement Location [Axis]: us-gaap:GeneralAndAdministrativeExpense        
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax $ 1 $ 1 $ 3 $ 3
v3.26.1
Derivative Financial Instruments - Narrative (Details)
$ in Millions
 6 Months Ended
Jun. 30, 2026
USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Cash flow hedge gain (loss) to be reclassified within 12 months $ 36
Line of credit facility, expiration period 5 years
Derivative, maturity 5 years
Derivative, net liability position, aggregate fair value $ 4
v3.26.1
Fair Value Measurements - Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt investments: $ 542 $ 524
Other equity investments 30 34
Derivatives 182 193
Derivatives (45) (43)
Fair Value, Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Money market funds 2,324 3,793
Other equity investments 5 9
Derivatives 182 193
Total assets 3,054 4,529
Derivatives (45) (43)
Total liabilities (45) (43)
Fair Value, Recurring | AFS - Commercial paper    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt investments: 210 163
Fair Value, Recurring | AFS - Corporate notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt investments: 306 344
Fair Value, Recurring | AFS - US government agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt investments: 27 27
Fair Value, Recurring | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Money market funds 2,324 3,793
Other equity investments 5 9
Total assets 2,329 3,802
Fair Value, Recurring | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivatives 182 193
Total assets 725 727
Derivatives (45) (43)
Total liabilities (45) (43)
Fair Value, Recurring | Level 2 | AFS - Commercial paper    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt investments: 210 163
Fair Value, Recurring | Level 2 | AFS - Corporate notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt investments: 306 344
Fair Value, Recurring | Level 2 | AFS - US government agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale debt investments: $ 27 $ 27
v3.26.1
Fair Value Measurements - Fair Value, Assets Measured on Nonrecurring Basis Using Unobservable Inputs (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total Losses $ (18) $ (30)
Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 22 5
Total Losses (18) (30)
Investments | Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value
Total Losses (17) (28)
Other assets | Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 5
Total Losses (2)
Operating lease equipment | Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 22
Total Losses $ (1)
v3.26.1
Fair Value Measurements - Fair Value, Assets Measured on Nonrecurring Basis, Valuation Techniques (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Jun. 30, 2025
Fair Value, Nonrecurring    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 22 $ 5
Fair Value, Nonrecurring | Operating lease equipment    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value 22
Valuation, Market Approach | Aircraft value publications    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range Median or Average 22  
Valuation, Market Approach | Minimum | Aircraft value publications    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range Median or Average 21  
Valuation, Market Approach | Maximum | Aircraft value publications    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range Median or Average 24  
Valuation, Market Approach | Level 3 | Fair Value, Nonrecurring | Operating lease equipment    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 22  
v3.26.1
Fair Value Measurements - Fair Values and Related Carrying Values of Financial Instruments (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes receivable, net, carrying amount $ 46 $ 21
Notes receivable, net, fair value 49 21
Debt, excluding capital lease obligations, carrying amount (45,596) (53,848)
Debt, excluding capital lease obligations, fair value (45,374) (53,769)
Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes receivable, net, fair value 41 13
Debt, excluding capital lease obligations, fair value (45,374) (53,769)
Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes receivable, net, fair value $ 8 $ 8
v3.26.1
Legal Proceedings - Narrative (Details)
$ in Millions
 3 Months Ended
May 29, 2025
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
lawsuit
Legal Proceedings [Abstract]      
Loss contingency, settlement agreement, additional fine $ 244    
Loss contingency, settlement agreement, additional compensation fund $ 445    
Eliminations and other unallocated items, including earnings charges   $ 445  
Number of civil lawsuits | lawsuit     5
v3.26.1
Segment and Revenue Information - Narrative (Details)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
segment
Jun. 30, 2025
USD ($)
Segment Reporting [Line Items]        
Number of reportable segments | segment     3  
Income (loss) from equity method investments $ 32 $ 34 $ 32 $ 30
Revenue, remaining performance obligation, amount $ 715,261   $ 715,261  
Within Next Fiscal Year        
Segment Reporting [Line Items]        
Revenue, remaining performance obligation, percent recognized 21.00%   21.00%  
Within Next 4 Fiscal Years        
Segment Reporting [Line Items]        
Revenue, remaining performance obligation, percent recognized 62.00%   62.00%  
v3.26.1
Segment and Revenue Information - Reconciliation of Revenue from Segments to Consolidated (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Revenues $ 24,560 $ 22,749 $ 46,777 $ 42,245
Research and development expense, net 921 910 1,824 1,754
Earnings/(loss) from operations 156 (176) 604 285
Operating Segments        
Segment Reporting [Line Items]        
Earnings/(loss) from operations 631 602 1,272 1,163
Operating Segments | Commercial Airplanes        
Segment Reporting [Line Items]        
Revenues 11,751 10,874 20,954 19,021
Research and development expense, net 597 558 1,200 1,092
Other segment items 11,476 10,873 20,639 19,023
Earnings/(loss) from operations (322) (557) (885) (1,094)
Operating Segments | Defense, Space & Security        
Segment Reporting [Line Items]        
Revenues 7,483 6,617 15,082 12,915
Research and development expense, net 192 221 366 420
Other segment items 7,306 6,286 14,498 12,230
Earnings/(loss) from operations (15) 110 218 265
Operating Segments | Global Services        
Segment Reporting [Line Items]        
Revenues 5,344 5,281 10,714 10,344
Research and development expense, net 26 30 48 59
Other segment items 4,350 4,202 8,727 8,293
Earnings/(loss) from operations $ 968 $ 1,049 $ 1,939 $ 1,992
v3.26.1
Segment and Revenue Information - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Disaggregation of Revenue [Line Items]        
Total revenues $ 24,560 $ 22,749 $ 46,777 $ 42,245
Commercial Airplanes | Operating Segments        
Disaggregation of Revenue [Line Items]        
Total revenues 11,751 10,874 20,954 19,021
Commercial Airplanes | Operating Segments | Customer Concessions | B-737-Max        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax 80 5 80 5
Commercial Airplanes | Operating Segments | Total revenues from contracts with customers        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax $ 11,668 $ 10,854 $ 20,828 $ 18,974
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 100.00% 100.00% 100.00% 100.00%
Commercial Airplanes | Operating Segments | United States        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax $ 3,483 $ 5,361 $ 6,890 $ 9,144
Commercial Airplanes | Operating Segments | Total non-U.S. revenues        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax 8,105 5,488 13,858 9,825
Commercial Airplanes | Operating Segments | Europe        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax 2,568 990 5,107 1,498
Commercial Airplanes | Operating Segments | Asia        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax 2,459 2,422 4,464 5,379
Commercial Airplanes | Operating Segments | Middle East        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax 2,140 1,277 2,906 1,760
Commercial Airplanes | Operating Segments | Other non-U.S.        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax 938 799 1,381 1,188
Commercial Airplanes | Intersegment revenues eliminated on consolidation        
Disaggregation of Revenue [Line Items]        
Total revenues 83 20 126 47
Defense, Space & Security | Operating Segments        
Disaggregation of Revenue [Line Items]        
Total revenues $ 7,483 $ 6,617 $ 15,082 $ 12,915
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 92.00% 92.00% 93.00% 92.00%
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 58.00% 58.00% 60.00% 58.00%
Defense, Space & Security | Operating Segments | Revenue recognized over time        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax, percentage 100.00% 100.00% 100.00% 100.00%
Defense, Space & Security | Operating Segments | United States        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax $ 5,983 $ 5,227 $ 12,095 $ 10,160
Defense, Space & Security | Operating Segments | Total non-U.S. revenues        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax 1,500 1,390 2,987 2,755
Global Services | Operating Segments        
Disaggregation of Revenue [Line Items]        
Total revenues 5,344 5,281 10,714 10,344
Global Services | Operating Segments | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax 3,001 2,996 6,033 5,967
Global Services | Operating Segments | Government        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax 2,243 2,172 4,471 4,168
Global Services | Operating Segments | Total revenues from contracts with customers        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax $ 5,244 $ 5,168 $ 10,504 $ 10,135
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% 31.00% 31.00% 30.00%
Global Services | Operating Segments | Revenue recognized on fixed-price contracts        
Disaggregation of Revenue [Line Items]        
Revenue from contract with customer, excluding assessed tax, percentage 86.00% 86.00% 86.00% 86.00%
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 55.00% 52.00% 55.00% 53.00%
Global Services | Intersegment revenues eliminated on consolidation        
Disaggregation of Revenue [Line Items]        
Total revenues $ 100 $ 113 $ 210 $ 209
v3.26.1
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, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Share-based plans     $ (264) $ (254)
Research and development expense, net $ (921) $ (910) (1,824) (1,754)
Unallocated items, eliminations and other        
Segment Reporting [Line Items]        
Share-based plans 3 (21) (52) (51)
Deferred compensation (124) (85) (107) (80)
Amortization of previously capitalized interest (23) (21) (45) (42)
Research and development expense, net (106) (101) (210) (183)
Eliminations and other unallocated items (380) (807) (564) (1,041)
Unallocated items, eliminations and other $ (630) $ (1,035) $ (978) $ (1,397)
v3.26.1
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, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
FAS/CAS service cost adjustment $ 155 $ 257 $ 310 $ 519
Pension FAS/CAS service cost adjustment        
Segment Reporting [Line Items]        
FAS/CAS service cost adjustment 92 197 185 390
Postretirement FAS/CAS service cost adjustment        
Segment Reporting [Line Items]        
FAS/CAS service cost adjustment $ 63 $ 60 $ 125 $ 129
v3.26.1
Segment and Revenue Information - Reconciliation of Assets from Segment to Consolidated (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Segment Reporting [Line Items]    
Assets $ 165,870 $ 168,235
Operating Segments | Commercial Airplanes    
Segment Reporting [Line Items]    
Assets 96,493 91,878
Operating Segments | Defense, Space & Security    
Segment Reporting [Line Items]    
Assets 17,379 16,604
Operating Segments | Global Services    
Segment Reporting [Line Items]    
Assets 16,966 16,871
Unallocated items, eliminations and other    
Segment Reporting [Line Items]    
Assets $ 35,032 $ 42,882
v3.26.1
Segment and Revenue Information - Schedule of Capital Expenditures by Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Capital expenditures $ 733 $ 427 $ 2,008 $ 1,101
Operating Segments | Commercial Airplanes        
Segment Reporting [Line Items]        
Capital expenditures 227 137 402 243
Operating Segments | Defense, Space & Security        
Segment Reporting [Line Items]        
Capital expenditures 122 59 204 113
Operating Segments | Global Services        
Segment Reporting [Line Items]        
Capital expenditures 28 43 52 69
Unallocated items, eliminations and other        
Segment Reporting [Line Items]        
Capital expenditures $ 356 $ 188 $ 1,350 $ 676
v3.26.1
Segment and Revenue Information - Schedule of Depreciation and Amortization Expense by Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Depreciation and amortization $ 596 $ 460 $ 1,169 $ 926
Operating Segments | Commercial Airplanes        
Segment Reporting [Line Items]        
Depreciation and amortization 177 111 367 212
Depreciation and amortization expense, business segment allocation 133 90 238 172
Operating Segments | Defense, Space & Security        
Segment Reporting [Line Items]        
Depreciation and amortization 56 53 116 103
Depreciation and amortization expense, business segment allocation 83 72 149 140
Operating Segments | Global Services        
Segment Reporting [Line Items]        
Depreciation and amortization 70 73 139 146
Depreciation and amortization expense, business segment allocation 22 20 39 39
Unallocated items, eliminations and other        
Segment Reporting [Line Items]        
Depreciation and amortization 293 223 547 465
Intersegment revenues eliminated on consolidation        
Segment Reporting [Line Items]        
Depreciation and amortization expense, business segment allocation $ 238 $ 182 $ 426 $ 351