Cover	12 Months Ended
Cover	Dec. 31, 2023
Document Information [Line Items]
Document Type	DEF 14A
Amendment Flag	false
Entity Information [Line Items]
Entity Registrant Name	THE BOEING COMPANY
Entity Central Index Key	0000012927

Pay vs Performance Disclosure - USD ($)

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Pay Versus Performance

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation

S-K,

we are providing the following information about the relationship between executive compensation actually paid and the Company’s financial performance.

Required Tabular Disclosure of Compensation Actually Paid versus Performance

The following table discloses information about “compensation actually paid” (CAP) to our principal executive officers (PEOs) and (on average) to our other NEOs

(non-PEO

NEOs) during the specified years alongside total shareholder return (TSR) and net income metrics, as well as a Company-selected measure of free cash flow. The Company selected this measure as the most important in linking compensation actually paid to our NEOs for 2023 to Company performance, as free cash flow was the predominant metric used in our 2023 annual incentive plan, as described in more detail on page 57.


	Summary Compensation Table (SCT) Total for PEO ($) (1)				Compensation Actually Paid (CAP) to PEO ($) (2)				Average Summary Compensation Table Total for Non-PEO NEOs (3)		Average Compensation Actually Paid to Non-PEO NEOs (4)		Value of Initial Fixed $100 Investment Based On:				Net Income ($mm) (6)			Free Cash Flow ($mm) (7)
	PEO		Interim PEO		PEO		Interim PEO				Average Compensation Actually Paid to Non-PEO NEOs (4)		Company TSR ($) (5)		S&P 500 A&D Industry Index TSR ($) (5)		Net Income ($mm) (6)			Free Cash Flow ($mm) (7)
2023	$	32,770,519		n/a	$	44,395,006		n/a	$	10,767,252	$	13,450,637	$	80.49	$	119.09		(2,222	)		4,433
2022	$	22,597,178		n/a	$	15,203,730		n/a	$	7,337,949	$	5,790,734	$	58.82	$	111.54		(4,935	)		2,000
2021	$	21,167,410		n/a	$	17,795,369		n/a	$	6,148,165	$	4,853,054	$	62.17	$	95.03		(4,202	)		(4,396	)
2020	$	21,074,052	$	5,221,778	$	14,363,337	($	3,265,552)	$	4,904,755	$	2,553,749	$	66.10	$	83.94		(11,873	)		(19,713	)

(1)

Reflects the total compensation of our current CEO, David Calhoun, who is our PEO, and Gregory Smith, who served as interim CEO for a period of 12 days during 2020, and is therefore included in this table as an additional PEO in accordance with SEC rules. Amounts shown are as calculated in the Summary Compensation Table (SCT) for each of the years shown (and for Mr. Smith, solely reflect compensation for his service as our CFO, since he received no additional compensation for his service as interim CEO in 2020). The total compensation amounts shown for 2022 and 2021 include corrections made to the totals for those years as described in footnote 8 to the Summary Compensation Table on page 73.

(2)

The dollar amounts shown in these columns reflect “compensation actually paid” to Mr. Calhoun and Mr. Smith, respectively, calculated in accordance with SEC rules. As required, the dollar amounts include (among other items) unpaid amounts of equity compensation that may be realizable in future periods, and as such, the dollar amounts shown do not fully represent the actual final amount of compensation earned or actually paid to either individual during the applicable years. The adjustments made to each of Mr. Calhoun’s and Mr. Smith’s total compensation for each year to determine CAP are shown in the table below (which also includes the adjustments made to calculate average CAP for our non-PEO NEOs, or Other NEOs, who are identified by name and year in footnote 3). For Mr. Smith, information is only included with respect to 2020, the year in which he served as interim CEO.


Reconciliation of SCT Total to CAP Total (a)

	SCT Total		Grant Date Fair Value of Awards Granted During Year (b)		Fair Value of Equity Calculated Using SEC Methodology (c)		Change in Actuarial Value of Pension Benefits During Year		CAP Total
PEO
2023	$32,770,519	–	$30,231,750	+	$41,856,237	–	$0	=	$44,395,006
2022	$22,597,178	–	$17,000,000	+	$9,606,552	–	$0	=	$15,203,730
2021	$21,167,410	–	$16,000,000	+	$12,627,959	–	$0	=	$17,795,369
2020	$21,074,052	–	$20,515,106	+	$13,804,391	–	$0	=	$14,363,337

Interim PEO
2020	$5,221,778	–	$2,565,845	+	($5,510,299)	–	$411,186	=	($3,265,552)

Other NEOs (Average)
2023	$10,767,252	–	$8,164,238	+	$10,961,834	–	$114,211	=	$13,450,637
2022	$7,337,949	–	$4,870,000	+	$3,322,785	–	$0	=	$5,790,734
2021	$6,148,165	–	$4,093,722	+	$2,798,611	–	$0	=	$4,853,054
2020	$4,904,755	–	$2,360,131	+	$481,212	–	$472,087	=	$2,553,749

(a)

As shown in these tables, the CAP totals represent the SCT figure for the applicable year, but adjusted as required by SEC rules to (1) include the fair value of current and prior year equity awards that are outstanding, vested or forfeited during the applicable year, instead of the grant date value of awards granted during the applicable year, and (2) exclude any positive aggregate change in the actuarial present value of all defined benefit pension plan benefits for the applicable year. For the group of Other NEOs, averages of the foregoing amounts were used. We note the SEC rules also require CAP to include any actuarially determined service cost or prior service cost under pension plans for services rendered by the executive during the applicable year. However, our executives who participate in our defined benefit plans ceased accruing service credit under those plans when they were frozen at the end of 2015; thus, there is no longer service or prior service cost and no adjustment is required for this element.

(b)

Amounts disclosed in this column represent the total of the amounts reported in the Stock Awards and Option Awards columns of the SCT for the applicable year. For the group of Other NEOs, averages of the foregoing amounts were used.

(c)

The fair value of equity component of the CAP calculation was determined in accordance with SEC methodology for this disclosure. Unlike the SCT (on page 72), which requires us to show the grant date fair value of equity awards granted during the applicable year, the CAP table requires us to calculate equity fair value as follows:

•

for awards granted during the applicable year (and which are still outstanding), the

year-end

value;

plus

•

for awards granted during prior years that were still outstanding as of the applicable

year-end,

the change in value as of the applicable

year-end

compared against the prior

year-end;

plus

•

for awards granted in prior years that vested during the applicable year, the change in value as of the vesting date compared against the prior

year-end;

plus

•

for any awards granted in the applicable year that vested during the applicable year, the value as of the vesting date;

plus

•

for any awards that vested during the applicable year, the value of any dividend equivalents that accrued during the vesting period with respect to those awards and were paid out at the same time as the underlying awards, as of the vesting date;

minus

•

for awards granted in prior years that were forfeited during the applicable year, the value as of the prior

year-end.

The specific calculations for the CEO, interim CEO and Other NEOs (for this group, calculated as the average) for the relevant years are shown in the table below.


CAP Fair Value of Equity Calculation

	YE Value of Current Year Awards Outstanding as of YE		Change in Value as of YE for Prior Year Awards Outstanding as of YE		Change in Value as of Vesting Date for Prior Year Awards That Vested During the Year		Value as of Vesting Date for Current Year Awards That Vested During the Year*		Value as of Vesting Date for Dividend Equivalents That Vested During the Year		Value as of Prior YE for Prior Year Awards Forfeited During the Year		Value of Equity for CAP Purposes
PEO
2023	$29,180,336	+	$12,126,342	+	$122,179	+	$427,380	+	$0	–	$0	=	$41,856,237
2022	$14,652,897	+	($2,959,585)	+	($92,993)	+	$225,481	+	$0	–	$2,219,249	=	$9,606,552
2021	$13,701,091	+	($1,444,024)	+	$60,047	+	$310,845	+	$0	–	$0	=	$12,627,959
2020	$13,804,391	+	$0	+	$0	+	$0	+	$0	–	$0	=	$13,804,391

Interim PEO
2020	$1,721,648	+	($7,138,752)	+	($400,096)	+	$0	+	$306,901	–	$0	=	($5,510,299)

Other NEOs – CAP Fair Value of Equity Calculation (Average)
2023	$7,583,847	+	$3,327,691	+	$39,635	+	$10,661	+	$0	–	$0	=	$10,961,834
2022	$3,443,174	+	($168,997)	+	$42,641	+	$234,739	+	$52,081	–	$280,852	=	$3,322,785
2021	$2,856,140	+	($477,121)	+	$212,559	+	$145,153	+	$213,322	–	$151,441	=	$2,798,611
2020	$2,077,475	+	($1,774,384)	+	($363,489)	+	$0	+	$541,610	–	$0	=	$481,212

We generally do not issue equity awards that vest in the year of grant. The amounts shown in this column exclusively reflect the portion of any current year award that was withheld from a current year award to pay FICA payroll tax withholding obligations (and income taxes due on the amounts withheld) due in connection with the executive qualifying as retirement-eligible during the applicable year.

(3)

Reflects the average total compensation of our

non-PEO

NEOs, as calculated in the SCT for each of the years shown. Our

non-PEO

NEOs included in the table above are the following individuals: for 2023, Brian West, Stephanie Pope, Stanley Deal and Theodore Colbert III; for 2022, Brian West, Stanley Deal, Theodore Colbert III, Brett Gerry and Leanne Caret; for 2021, Gregory Smith, David Dohnalek, Brian West, Leanne Caret, Theodore Colbert III and Stanley Deal; and for 2020, Michael D’Ambrose, Stanley Deal and Leanne Caret (but excluding Mr. Smith, whose 2020 compensation is included in the interim PEO columns).

(4)

The dollar amounts shown in these columns reflect average “compensation actually paid” to our other NEOs, calculated in accordance with SEC rules. As required, the dollar amounts include (among other items) unpaid amounts of equity compensation that may be realizable in future periods, and as such, the

dollar

amounts shown do not fully represent the actual average final amount of compensation earned or paid to these individuals during the applicable years. The adjustments made to their average total compensation for each year to determine CAP are shown in the Reconciliation of SCT Total to CAP Total table in footnote 2 above.

(5)

Pursuant to SEC rules, the TSR figures assume an initial investment of $100 on December 31, 2019. As permitted by SEC rules, the peer group referenced for purpose of the TSR comparison is the group of companies included in the S&P 500 Aerospace and Defense Industry Index. The separate peer group used by the Compensation Committee for purposes of determining total direct compensation for our executive officers is described in more detail on page 55.

(6)	Reflects after-tax net income attributable to stockholders prepared in accordance with GAAP for each of the years shown.

(7)

Free cash flow is the financial measure from the tabular list of 2023 Most Important Measures show below, which, in the Company’s assessment, represents for 2023 the most important performance measure used to link compensation actually paid to our CEOs and other NEOs to the Company’s performance. Free cash flow is defined in Appendix A on page A-1 and is a non-GAAP financial measure.

Company Selected Measure Name

Free cash flow

Named Executive Officers, Footnote

Our

non-PEO

Peer Group Issuers, Footnote

Adjustment To PEO Compensation, Footnote

(2)


Reconciliation of SCT Total to CAP Total (a)

	SCT Total		Grant Date Fair Value of Awards Granted During Year (b)		Fair Value of Equity Calculated Using SEC Methodology (c)		Change in Actuarial Value of Pension Benefits During Year		CAP Total
PEO
2023	$32,770,519	–	$30,231,750	+	$41,856,237	–	$0	=	$44,395,006
2022	$22,597,178	–	$17,000,000	+	$9,606,552	–	$0	=	$15,203,730
2021	$21,167,410	–	$16,000,000	+	$12,627,959	–	$0	=	$17,795,369
2020	$21,074,052	–	$20,515,106	+	$13,804,391	–	$0	=	$14,363,337

Interim PEO
2020	$5,221,778	–	$2,565,845	+	($5,510,299)	–	$411,186	=	($3,265,552)

Other NEOs (Average)
2023	$10,767,252	–	$8,164,238	+	$10,961,834	–	$114,211	=	$13,450,637
2022	$7,337,949	–	$4,870,000	+	$3,322,785	–	$0	=	$5,790,734
2021	$6,148,165	–	$4,093,722	+	$2,798,611	–	$0	=	$4,853,054
2020	$4,904,755	–	$2,360,131	+	$481,212	–	$472,087	=	$2,553,749

(a)

(b)

(c)

•

for awards granted during the applicable year (and which are still outstanding), the

year-end

value;

plus

•

for awards granted during prior years that were still outstanding as of the applicable

year-end,

the change in value as of the applicable

year-end

compared against the prior

year-end;

plus

•

for awards granted in prior years that vested during the applicable year, the change in value as of the vesting date compared against the prior

year-end;

plus

•

for any awards granted in the applicable year that vested during the applicable year, the value as of the vesting date;

plus

•

minus

•

for awards granted in prior years that were forfeited during the applicable year, the value as of the prior

year-end.

The specific calculations for the CEO, interim CEO and Other NEOs (for this group, calculated as the average) for the relevant years are shown in the table below.


CAP Fair Value of Equity Calculation

	YE Value of Current Year Awards Outstanding as of YE		Change in Value as of YE for Prior Year Awards Outstanding as of YE		Change in Value as of Vesting Date for Prior Year Awards That Vested During the Year		Value as of Vesting Date for Current Year Awards That Vested During the Year*		Value as of Vesting Date for Dividend Equivalents That Vested During the Year		Value as of Prior YE for Prior Year Awards Forfeited During the Year		Value of Equity for CAP Purposes
PEO
2023	$29,180,336	+	$12,126,342	+	$122,179	+	$427,380	+	$0	–	$0	=	$41,856,237
2022	$14,652,897	+	($2,959,585)	+	($92,993)	+	$225,481	+	$0	–	$2,219,249	=	$9,606,552
2021	$13,701,091	+	($1,444,024)	+	$60,047	+	$310,845	+	$0	–	$0	=	$12,627,959
2020	$13,804,391	+	$0	+	$0	+	$0	+	$0	–	$0	=	$13,804,391

Interim PEO
2020	$1,721,648	+	($7,138,752)	+	($400,096)	+	$0	+	$306,901	–	$0	=	($5,510,299)

Other NEOs – CAP Fair Value of Equity Calculation (Average)
2023	$7,583,847	+	$3,327,691	+	$39,635	+	$10,661	+	$0	–	$0	=	$10,961,834
2022	$3,443,174	+	($168,997)	+	$42,641	+	$234,739	+	$52,081	–	$280,852	=	$3,322,785
2021	$2,856,140	+	($477,121)	+	$212,559	+	$145,153	+	$213,322	–	$151,441	=	$2,798,611
2020	$2,077,475	+	($1,774,384)	+	($363,489)	+	$0	+	$541,610	–	$0	=	$481,212

Non-PEO NEO Average Total Compensation Amount

$ 10,767,252

$ 7,337,949

$ 6,148,165

$ 4,904,755

Non-PEO NEO Average Compensation Actually Paid Amount

$ 13,450,637

5,790,734

4,853,054

2,553,749

Adjustment to Non-PEO NEO Compensation Footnote

(2)


Reconciliation of SCT Total to CAP Total (a)

	SCT Total		Grant Date Fair Value of Awards Granted During Year (b)		Fair Value of Equity Calculated Using SEC Methodology (c)		Change in Actuarial Value of Pension Benefits During Year		CAP Total
PEO
2023	$32,770,519	–	$30,231,750	+	$41,856,237	–	$0	=	$44,395,006
2022	$22,597,178	–	$17,000,000	+	$9,606,552	–	$0	=	$15,203,730
2021	$21,167,410	–	$16,000,000	+	$12,627,959	–	$0	=	$17,795,369
2020	$21,074,052	–	$20,515,106	+	$13,804,391	–	$0	=	$14,363,337

Interim PEO
2020	$5,221,778	–	$2,565,845	+	($5,510,299)	–	$411,186	=	($3,265,552)

Other NEOs (Average)
2023	$10,767,252	–	$8,164,238	+	$10,961,834	–	$114,211	=	$13,450,637
2022	$7,337,949	–	$4,870,000	+	$3,322,785	–	$0	=	$5,790,734
2021	$6,148,165	–	$4,093,722	+	$2,798,611	–	$0	=	$4,853,054
2020	$4,904,755	–	$2,360,131	+	$481,212	–	$472,087	=	$2,553,749

(a)

(b)

(c)

•

for awards granted during the applicable year (and which are still outstanding), the

year-end

value;

plus

•

for awards granted during prior years that were still outstanding as of the applicable

year-end,

the change in value as of the applicable

year-end

compared against the prior

year-end;

plus

•

for awards granted in prior years that vested during the applicable year, the change in value as of the vesting date compared against the prior

year-end;

plus

•

for any awards granted in the applicable year that vested during the applicable year, the value as of the vesting date;

plus

•

minus

•

for awards granted in prior years that were forfeited during the applicable year, the value as of the prior

year-end.

The specific calculations for the CEO, interim CEO and Other NEOs (for this group, calculated as the average) for the relevant years are shown in the table below.


CAP Fair Value of Equity Calculation

	YE Value of Current Year Awards Outstanding as of YE		Change in Value as of YE for Prior Year Awards Outstanding as of YE		Change in Value as of Vesting Date for Prior Year Awards That Vested During the Year		Value as of Vesting Date for Current Year Awards That Vested During the Year*		Value as of Vesting Date for Dividend Equivalents That Vested During the Year		Value as of Prior YE for Prior Year Awards Forfeited During the Year		Value of Equity for CAP Purposes
PEO
2023	$29,180,336	+	$12,126,342	+	$122,179	+	$427,380	+	$0	–	$0	=	$41,856,237
2022	$14,652,897	+	($2,959,585)	+	($92,993)	+	$225,481	+	$0	–	$2,219,249	=	$9,606,552
2021	$13,701,091	+	($1,444,024)	+	$60,047	+	$310,845	+	$0	–	$0	=	$12,627,959
2020	$13,804,391	+	$0	+	$0	+	$0	+	$0	–	$0	=	$13,804,391

Interim PEO
2020	$1,721,648	+	($7,138,752)	+	($400,096)	+	$0	+	$306,901	–	$0	=	($5,510,299)

Other NEOs – CAP Fair Value of Equity Calculation (Average)
2023	$7,583,847	+	$3,327,691	+	$39,635	+	$10,661	+	$0	–	$0	=	$10,961,834
2022	$3,443,174	+	($168,997)	+	$42,641	+	$234,739	+	$52,081	–	$280,852	=	$3,322,785
2021	$2,856,140	+	($477,121)	+	$212,559	+	$145,153	+	$213,322	–	$151,441	=	$2,798,611
2020	$2,077,475	+	($1,774,384)	+	($363,489)	+	$0	+	$541,610	–	$0	=	$481,212

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Net Income

Compensation Actually Paid vs. Company Selected Measure

Tabular List, Table

Required Tabular Disclosure of Most Important Measures Linking Compensation Actually Paid During 2023 to Company Performance

As required, we disclose below the most important measures used by the Company to link compensation actually paid to our NEOs for 2023 to Company performance. For further information regarding these performance metrics and their function in our executive compensation program, please see “Compensation Discussion and Analysis” beginning on page 4