BOEING CO, 10-Q filed on 4/27/2022
Quarterly Report
v3.22.1
Document and Entity Information - shares
 3 Months Ended
Mar. 31, 2022
Apr. 20, 2022
Document Information [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Mar. 31, 2022  
Document Transition Report false  
Entity File Number 1-442  
Entity Registrant Name BOEING CO  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 91-0425694  
Entity Address, Address Line One 100 N. Riverside Plaza,  
Entity Address, City or Town Chicago,  
Entity Address, State or Province IL  
Entity Address, Postal Zip Code 60606-1596  
City Area Code (312)  
Local Phone Number 544-2000  
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  
Title of 12(b) Security Common Stock, $5.00 Par Value  
Trading Symbol BA  
Security Exchange Name NYSE  
Entity Common Stock, Shares Outstanding   591,635,833
Amendment Flag false  
Document Fiscal Year Focus 2022  
Document Fiscal Period Focus Q1  
Entity Central Index Key 0000012927  
Current Fiscal Year End Date --12-31  
v3.22.1
Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Condensed Income Statements, Captions [Line Items]    
Revenues $ 13,991 $ 15,217
Boeing Capital interest expense (7) (9)
Total costs and expenses (13,645) (13,808)
Gross profit 346 1,409
(Loss)/income from operating investments, net (20) 37
General and administrative expense (863) (1,032)
Research and development expense, net (633) (499)
Gain on dispositions, net 1 2
Loss from operations (1,169) (83)
Other income, net 181 190
Interest and debt expense (630) (679)
Loss before income taxes (1,618) (572)
Income tax benefit 376 11
Net loss (1,242) (561)
Less: net loss attributable to noncontrolling interest (23) (24)
Net loss attributable to Boeing Shareholders $ (1,219) $ (537)
Basic loss per share $ (2.06) $ (0.92)
Diluted loss per share $ (2.06) $ (0.92)
Weighted average diluted shares (millions) 591.7 585.4
Non-Controlling Interest    
Condensed Income Statements, Captions [Line Items]    
Less: net loss attributable to noncontrolling interest $ (23) $ (24)
Product [Member]    
Condensed Income Statements, Captions [Line Items]    
Revenues 11,427 12,518
Cost of Goods and Services Sold (11,412) (11,632)
Service [Member]    
Condensed Income Statements, Captions [Line Items]    
Revenues 2,564 2,699
Cost of Goods and Services Sold $ (2,226) $ (2,167)
v3.22.1
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Statement of Comprehensive Income [Abstract]    
Net loss $ (1,242) $ (561)
Currency translation adjustments 24 (36)
Unrealized (loss)/gain on derivative instruments [Abstract]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax 94 11
Unrealized loss arising during period, tax (28) (3)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax 35 (2)
Reclassification adjustment for losses included in net earnings, tax (9) 0
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax 129 9
Defined benefit pension plans & other postretirement benefits [Abstract]    
Amortization of prior service credits included in net periodic pension cost, net of tax of $6 and $6 (23) (23)
Amortization of prior service cost included in net periodic pension cost, tax 6 6
Amortization of actuarial losses included in net periodic pension cost, net of tax of ($40) and ($65) 159 228
Amortization of actuarial losses included in net periodic pension cost, tax (40) (65)
Settlements included in net loss, net of tax of $0 and $0 1
Other Comprehensive Income, Settlements and curtailments included in net income, tax 0 0
Pension and postretirement cost related to our equity method investments, net of tax of $0 and ($1) 2
Pension and post retirement benefits related to our equity method investments, tax 0 (1)
Total defined benefit pension plans and other postretirement benefits, net of tax 136 208
Other comprehensive income, net of tax 289 181
Comprehensive loss, net of tax (953) (380)
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest (23) (24)
Comprehensive loss attributable to Boeing Shareholders, net of tax $ (930) $ (356)
v3.22.1
Condensed Consolidated Statements Of Financial Position - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 7,409 $ 8,052
Short-term and other investments 4,873 8,192
Accounts receivable, net 2,407 2,641
Unbilled receivables, net 8,991 8,620
Current portion of customer financing, net 157 117
Inventories 79,819 78,823
Other current assets, net 2,356 2,221
Total current assets 106,012 108,666
Customer financing, net 1,580 1,695
Property, plant and equipment, net of accumulated depreciation 10,755 10,918
Property, plant and equipment, net of accumulated depreciation of $20,759 and $20,538 20,759 20,538
Goodwill 8,065 8,068
Acquired intangible assets, net 2,492 2,562
Deferred income taxes 91 77
Investments 992 975
Other assets, net of accumulated amortization of $1,024 and $975 5,814 5,591
Other assets, accumulated amortization 1,024 975
Total assets 135,801 138,552
Liabilities and equity    
Accounts payable 8,779 9,261
Accrued liabilities 17,864 18,455
Advances and progress billings 52,458 52,980
Debt, Current 2,591 1,296
Total current liabilities 81,692 81,992
Deferred income taxes 158 218
Accrued retiree health care 3,471 3,528
Accrued pension plan liability, net 8,719 9,104
Other long-term liabilities 1,879 1,750
Long-term debt 55,150 56,806
Total liabilities 151,069 153,398
Shareholders' equity:    
Common stock, par value $5.00 — 1,200,000,000 shares authorized; 1,012,261,159 shares issued $ 5,061 $ 5,061
Common Stock, Par Value $ 5.00 $ 5.00
Common Stock, Shares Authorized 1,200,000,000 1,200,000,000
Common Stock, Shares, Issued 1,012,261,159 1,012,261,159
Additional paid-in capital $ 9,295 $ 9,052
Treasury stock, at cost - 420,886,484 and 423,343,707 shares 420,886,484 423,343,707
Treasury stock, at cost $ 51,573 $ 51,861
Retained earnings 33,189 34,408
Accumulated other comprehensive loss [1] (11,370) (11,659)
Total shareholders’ deficit (15,398) (14,999)
Noncontrolling interests 130 153
Total equity (15,268) (14,846)
Total liabilities and equity $ 135,801 $ 138,552
[1] Net of tax.
v3.22.1
Condensed Consolidated Statement of Cash Flows Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows - operation activities:    
Net loss $ (1,242) $ (561)
Non-cash items -    
Share-based plans expense 203 321
Treasury shares issued for 401(k) contribution 329 306
Depreciation and amortization 486 536
Investment/asset impairment charges, net 72 16
Customer financing valuation adjustments 48
Gain on dispositions, net (1) (2)
Other charges and credits, net 175 35
Changes in assets and liabilities -    
Accounts receivable 237 (394)
Unbilled receivables (356) (790)
Advances and progress billings (522) 421
Inventories 1,203 680
Other current assets 140 153
Accounts payable (369) (819)
Accrued liabilities (594) (1,615)
Income taxes receivable, payable and deferred (403) (34)
Other long-term liabilities 96 (84)
Pension and other postretirement plans (371) (265)
Customer financing, net 18 46
Other 41 23
Net cash used by operating activities (3,216) (3,387)
Cash flows - investing activities:    
Payments to acquire property, plant and equipment (349) (291)
Proceeds from disposals of property, plant and equipment 8 2
Contributions to investments (1,732) (9,688)
Proceeds from investments 5,037 12,738
Other 1 3
Net cash provided by investing activities 2,965 2,764
Cash flows - financing activities:    
New borrowings 2 9,814
Debt repayments (396) (9,847)
Stock options exercised 30 23
Employee taxes on certain share-based payment arrangements (32) (38)
Net cash used by financing activities (396) (48)
Effect of exchange rate changes on cash and cash equivalents (3) (18)
Net decrease in cash & cash equivalents, including restricted (650) (689)
Cash & cash equivalents, including restricted, at beginning of year 8,104 7,835
Cash & cash equivalents, including restricted, at end of period 7,454 7,146
Restricted Cash and Cash Equivalents (45) [1] (87)
Cash and cash equivalents at end of period $ 7,409 $ 7,059
[1] Reflects amounts restricted in support of our property sales, workers’ compensation programs, and insurance premiums.Allowance for losses on available for sale debt instruments are assessed quarterly. All instruments are considered investment grade and, as such, we have not recognized an allowance for credit losses as of March 31, 2022.
v3.22.1
Condensed Consolidated Statements Of Equity - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Loss
Non-Controlling Interest
Balance at Dec. 31, 2020 $ (18,075) $ 5,061 $ 7,787 $ (52,641) $ 38,610 $ (17,133) $ 241
Net loss attributable to Boeing Shareholders (537)       (537)    
Net Income (Loss) Attributable to Noncontrolling Interest (24)           (24)
Net loss (561)            
Other Comprehensive Income (Loss), Tax (63)            
Other comprehensive income, net of tax 181         181  
Share-based compensation and related dividend equivalents 321   321        
Treasury shares issued for stock options exercised, net (23)   (16) (39)      
Treasury shares issued for other share-based plans, net (36)   (73) 37      
Treasury shares issued for 401(k) contribution 306   136 170      
Balance at Mar. 31, 2021 (17,841) 5,061 8,155 (52,395) 38,073 (16,952) 217
Balance at Dec. 31, 2021 (14,846) 5,061 9,052 (51,861) 34,408 (11,659) 153
Net loss attributable to Boeing Shareholders (1,219)            
Net Income (Loss) Attributable to Noncontrolling Interest (23)           (23)
Net loss (1,242)            
Other Comprehensive Income (Loss), Tax (71)            
Other comprehensive income, net of tax 289         289  
Share-based compensation and related dividend equivalents 203   203        
Treasury shares issued for stock options exercised, net (30)   (19) (49)      
Treasury shares issued for other share-based plans, net (31)   (67) 36      
Treasury shares issued for 401(k) contribution 329   126 203      
Balance at Mar. 31, 2022 $ (15,268) $ 5,061 $ 9,295 $ (51,573) $ 33,189 $ (11,370) $ 130
v3.22.1
Summary Of Business Segment Data Summary of Business Segment Data (Notes)
 3 Months Ended
Mar. 31, 2022
Segment Reporting, Disclosure of Entity's Reportable Segments [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)Three months ended March 31
20222021
Revenues:
Commercial Airplanes$4,161 $4,269 
Defense, Space & Security5,483 7,185 
Global Services4,314 3,749 
Boeing Capital46 60 
Unallocated items, eliminations and other(13)(46)
Total revenues$13,991 $15,217 
Earnings/(loss) from operations:
Commercial Airplanes($859)($856)
Defense, Space & Security(929)405 
Global Services632 441 
Boeing Capital(36)21 
Segment operating (loss)/earnings(1,192)11 
Unallocated items, eliminations and other(260)(364)
FAS/CAS service cost adjustment283 270 
Loss from operations(1,169)(83)
Other income, net181 190 
Interest and debt expense(630)(679)
Loss before income taxes(1,618)(572)
Income tax benefit376 11 
Net loss(1,242)(561)
Less: Net loss attributable to noncontrolling interest(23)(24)
Net loss attributable to Boeing Shareholders($1,219)($537)
This information is an integral part of the Notes to the Condensed Consolidated Financial Statements. See Note 17 for further segment results.
v3.22.1
Basis Of Presentation
 3 Months Ended
Mar. 31, 2022
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 March 31, 2022 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 2021 Annual Report on Form 10-K.
Liquidity Matters
During the first three months of 2022, net cash used by operating activities was $3.2 billion. Our operating cash flows continue to be impacted by lower commercial airplane deliveries and concessions paid to 737 MAX customers. We expect negative operating cash flows until commercial deliveries ramp up. As a result, our cash and short-term investment balance was $12.3 billion at March 31, 2022, down from $16.2 billion at December 31, 2021, while our debt balance was $57.7 billion at March 31, 2022, down from $58.1 billion at December 31, 2021. Short-term debt and the current portion of long-term debt increased to $2.6 billion at March 31, 2022 from $1.3 billion at December 31, 2021. The current portion of long-term debt includes term notes of $0.9 billion maturing in 2022.
As of March 31, 2022, our unused borrowing capacity on revolving credit agreements is $14.7 billion, unchanged from December 31, 2021. We anticipate that these credit lines will remain undrawn and primarily serve as back-up liquidity to support our general corporate borrowing needs. Our borrowing capacity includes $6.3 billion scheduled to expire in October 2022, of which $3.1 billion has a one-year term out option that allows us to extend the maturity of any borrowings one additional year.
Our short-term and long-term credit ratings remained unchanged during the first quarter of 2022. There is risk for future downgrades.
At March 31, 2022 and December 31, 2021, trade payables included $2.1 billion and $2.3 billion payable to suppliers who have elected to participate in supply chain financing programs. We do not believe that future changes in the availability of supply chain financing will have a significant impact on our liquidity.
We are also working with our customers and supply chain to accelerate receipts and conserve cash. For example, the United States Department of Defense (U.S. DoD) has taken steps to work with its industry partners to increase liquidity in the form of increased progress payment rates and reductions in withholds among other initiatives.
We continue to transform and improve our business processes. These activities are not intended to constrain our capacity but to enable the Company to emerge stronger and be more resilient when the market recovers.
Based on our current best estimates of market demand, planned production rates, timing of cash receipts and expenditures, our ability to successfully implement further actions to improve liquidity, as well as our ability to access additional liquidity, if needed, we believe it is probable that we will be able to fund our operations for the foreseeable future.
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. We believe
that the accounting estimates and assumptions are appropriate, however, given the increased uncertainties surrounding the severity and duration of the impacts of the COVID-19 pandemic actual results could differ from those estimates.
Long-term Contracts
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 sales and costs for a long-term contract indicate a loss, a provision for the entire reach-forward loss on the long-term contract is recognized.
Net cumulative catch-up adjustments to prior periods' revenue and earnings, including certain reach-forward losses, across all long-term contracts were as follows:
(In millions - except per share amounts)Three months ended March 31
20222021
(Decrease)/increase to Revenue($612)$7 
Increase to Loss from operations($1,130)($176)
Decrease to Diluted EPS($1.47)($0.29)
v3.22.1
Earnings Per Share
 3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block] 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, less earnings available to participating securities, divided by the basic weighted average common shares outstanding.
Diluted earnings per share is calculated by taking net earnings, less earnings available to participating securities, divided by the diluted weighted average common shares outstanding.
The elements used in the computation of basic and diluted earnings per share were as follows:
(In millions - except per share amounts)Three months ended March 31
20222021
Net loss attributable to Boeing Shareholders($1,219)($537)
Less: earnings available to participating securities
Net loss available to common shareholders($1,219)($537)
Basic
Basic weighted average shares outstanding
591.7 585.4 
Less: participating securities(1)
0.3 0.4 
Basic weighted average common shares outstanding
591.4 585.0 
Diluted
Basic weighted average shares outstanding
591.7 585.4 
Dilutive potential common shares(2)
Diluted weighted average shares outstanding
591.7 585.4 
Less: participating securities(1)
0.3 0.4 
Diluted weighted average common shares outstanding
591.4 585.0 
Net loss per share:
Basic
($2.06)($0.92)
Diluted
(2.06)(0.92)
(1)Participating securities include certain instruments in our deferred compensation plan.
(2)Diluted earnings per share includes any dilutive impact of stock options, restricted stock units, performance-based restricted stock units and performance awards.
As a result of incurring a net loss for the three months ended March 31, 2022 and 2021, potential common shares of 3.6 million and 1.7 million were excluded from diluted loss per share because the effect would have been antidilutive. In addition, the following table includes the number of shares that may be dilutive potential common shares in the future. These shares were not included in the computation of diluted loss per share because the effect was either antidilutive or the performance condition was not met.
(Shares in millions)Three months ended March 31
20222021
Performance awards1.6 2.6 
Performance-based restricted stock units0.4 0.7 
Restricted stock units0.4 1.4 
Stock options0.6 0.2 
v3.22.1
Income Taxes
 3 Months Ended
Mar. 31, 2022
Income Tax Disclosure [Abstract]  
Income Taxes Income TaxesOur effective tax rates were 23.2% and 1.9% for the three months ended March 31, 2022 and 2021. The 2022 estimated annual effective tax rate reflects the 21% federal tax rate and an increase to the valuation allowance, which is partially offset by research and development tax credits. The 2021 rate also reflected the 21% federal tax rate which was largely offset by discrete tax expenses recorded in the first quarter of 2021 primarily related to an increase in the valuation allowance.
As of December 31, 2021, the Company had recorded valuation allowances of $2,423 primarily for certain federal deferred tax assets, as well as for certain federal and state net operating loss and tax credit 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. Based on these methods, deferred tax liabilities are assumed to reverse and generate taxable income over the next 5 to 10 years while deferred tax assets related to pension and other postretirement benefit obligations are assumed to reverse and generate tax deductions over the next 15 to 20 years. The valuation allowance primarily results from not having sufficient income from deferred tax liability reversals in the appropriate future periods to support the realization of deferred tax assets.
Federal income tax audits have been settled for all years prior to 2018. The Internal Revenue Service (IRS) began the 2018-2019 federal tax audit in the first quarter of 2021 and added tax year 2020 to the audit in the fourth quarter of 2021. We are also subject to examination in major state and international jurisdictions for the 2008-2020 tax years. We believe appropriate provisions for all outstanding tax issues have been made for all jurisdictions and all open years.
v3.22.1
Allowance for Losses on Financial Assets Allowance for Losses on Financial Assets
 3 Months Ended
Mar. 31, 2022
Allowance for Losses on Financial Assets [Abstract]  
Credit Loss, Financial Instrument Allowances for Losses on Financial Assets
The changes in allowances for expected credit losses for the three months ended March 31, 2022 and 2021 consisted of the following:
Accounts receivable Unbilled receivablesOther current assetsCustomer financingOther assetsTotal
Balance at January 1, 2021($444)($129)($72)($17)($140)($802)
Changes in estimates10 (1)(6)(42)(39)
Write-offs1 1 
Balance at March 31, 2021($433)($130)($78)($17)($182)($840)
Balance at January 1, 2022($390)($91)($62)($18)($186)($747)
Changes in estimates(7)15 5 (48)(22)(57)
Write-offs6 6 
Recoveries1 1 
Balance at March 31, 2022($390)($76)($57)($66)($208)($797)
v3.22.1
Inventories
 3 Months Ended
Mar. 31, 2022
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consisted of the following:
March 31
2022		December 31
2021
Long-term contracts in progress$821 $872 
Commercial aircraft programs69,239 68,106 
Commercial spare parts, used aircraft, general stock materials and other
9,759 9,845 
Total$79,819 $78,823 
Commercial spare parts, used aircraft, general stock materials and other includes capitalized precontract costs of $710 at March 31, 2022 and $648 at December 31, 2021 primarily related to KC-46A Tanker and Commercial Crew. See Note 9.
Commercial Aircraft Programs
The increase in commercial aircraft programs inventory during 2022 reflects a continued buildup of 787 aircraft, as well as growth in 777X inventory. Commercial aircraft programs inventory includes approximately 320 737 MAX aircraft and 115 787 aircraft at March 31, 2022 as compared with 335 737 MAX aircraft and 110 787 aircraft at December 31, 2021.
A number of customers have requested to defer deliveries or to cancel orders. We are currently remarketing certain aircraft and may have to remarket additional aircraft in future periods. If we are unable to successfully remarket the aircraft, determine further production rate reductions are necessary, and/or contract the program accounting quantities, future earnings may be reduced and/or additional reach-forward losses may have to be recorded.
At March 31, 2022 and December 31, 2021, commercial aircraft programs inventory included the following amounts related to the 737 program: deferred production costs of $1,753 and $1,296 and unamortized tooling and other non-recurring costs of $600 and $617. At March 31, 2022, $2,343 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 $10 is expected to be recovered from units included in the program accounting quantity that represent expected future orders.
At March 31, 2022 and December 31, 2021, commercial aircraft programs inventory included the following amounts related to the 777X program: deferred production costs of $1,091 and $652 and $3,572 and $3,521 of unamortized tooling and other non-recurring costs. In April 2022, we decided to pause production of the 777X-9 during 2022 and 2023. We expect that the production pause will result in abnormal production costs that will be period expensed in future periods and continue until 777X-9 production resumes. The 777X program has near break-even margins at March 31, 2022. The level of profitability on the 777X program will be subject to a number of factors. These factors include continued market uncertainty, the impacts of COVID-19 on our production system as well as impacts on our supply chain and customers, further production rate adjustments for the 777X or other commercial aircraft programs, any contraction of the accounting quantity and potential risks associated with the testing program and the timing of aircraft certification. One or more of these factors could result in additional reach-forward losses on the 777X program in future periods.
During the fourth quarter of 2021, we determined that estimated costs to complete the 787 program plus costs already included in 787 inventory exceeded estimated revenues from the program. The resulting reach-forward loss of $3,460 was recorded as a reduction to deferred production costs. At March 31, 2022 and December 31, 2021, commercial aircraft programs inventory included the following amounts related to the 787 program: deferred production costs of $11,753 and $11,693, $1,861 and $1,907 of supplier advances, and $1,818 and $1,815 of unamortized tooling and other non-recurring costs. At March 31, 2022, $8,901 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 $4,670 is expected to be recovered from units included in the program accounting quantity that represent expected future orders. We expensed abnormal production costs of $312 during the three months ended March 31, 2022.
Commercial aircraft programs inventory included amounts credited in cash or other consideration (early issue sales consideration) to airline customers totaling $3,383 and $3,290 at March 31, 2022 and December 31, 2021.
v3.22.1
Contracts with Customers Contracts with Customers
 3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Long-term Contracts or Programs Disclosure Contracts with Customers
Unbilled receivables increased from $8,620 at December 31, 2021 to $8,991 at March 31, 2022, primarily driven by revenue recognized at Defense, Space & Security (BDS) and Global Services (BGS) in excess of billings.
Advances and progress billings decreased from $52,980 at December 31, 2021 to $52,458 at March 31, 2022, primarily driven by revenue recognized at BDS, Commercial Airplanes (BCA), and BGS and the return of BCA customer advances, partially offset by advances on orders received.
Revenues recognized during the three months ended March 31, 2022 and 2021 from amounts recorded as Advances and progress billings at the beginning of each year were $3,401 and $4,718.
v3.22.1
Customer Financing
 3 Months Ended
Mar. 31, 2022
Customer Financing [Abstract]  
Customer Financing Customer Financing
Customer financing primarily relates to the Boeing Capital (BCC) segment. Financing arrangements typically range in terms from 1 to 12 years and may include options to extend or terminate leases. Certain leases include provisions to allow the lessee to purchase the underlying aircraft at a specified price.
Customer financing consisted of the following:
March 31
2022		December 31
2021
Financing receivables:
Investment in sales-type/finance leases$886 $944 
Notes410 412 
Total financing receivables
1,296 1,356 
Less allowance for losses on receivables(66)(18)
Financing receivables, net1,230 1,338 
Operating lease equipment, at cost, less accumulated depreciation of $62 and $58
507 474 
Total$1,737 $1,812 
At March 31, 2022 and December 31, 2021, $412 and $378 were determined to be uncollectible financing receivables and placed on non-accrual status. The increase in the allowance for losses on receivables during the three months ended March 31, 2022 was primarily due to impacts of the war in Ukraine. Customer financing interest income received was $3 and $6 the three months ended March 31, 2022 and 2021.
Customer financing receivables past due as of March 31, 2022 were $1.
Our financing receivable balances at March 31, 2022 by internal credit rating category and year of origination consisted of the following:
Rating categoriesCurrent2021202020192018PriorTotal
BBB$98 $98 
BB$9 $231 $118 $42 $13 121 534 
B35 188 223 
CCC7 24 410 441 
Total carrying value of financing receivables$9 $266 $125 $66 $13 $817 $1,296 
At March 31, 2022, our allowance for losses related to receivables with ratings of CCC, B, BB, and BBB. We applied default rates that averaged 88.1%, 26.8%, 3.4%, and 0.1%, respectively, to the exposure associated with those receivables.
Customer Financing Exposure
The majority of our customer financing portfolio is concentrated in the following aircraft models:
March 31
2022		December 31
2021
717 Aircraft ($58 and $62 accounted for as operating leases)
$589 $603 
747-8 Aircraft (accounted for as sales-type finance leases)394 435 
737 Aircraft ($186 and $145 accounted for as operating leases)
204 163 
777 Aircraft ($221 and $225 accounted for as operating leases)
229 233 
MD-80 Aircraft (accounted for as sales-type finance leases)140 142 
757 Aircraft (accounted for as sales-type finance leases)121 126 
747-400 Aircraft ($0 and $1 accounted for as operating leases)
48 50 
Operating lease equipment primarily includes large commercial jet aircraft.
Lease income recorded in revenue on the Condensed Consolidated Statements of Operations for the three months ended March 31, 2022 and 2021 included $18 and $13 from sales-type/finance leases, and $15 and $18 from operating leases, of which $4 and $2 related to variable operating lease payments. Profit at the commencement of sales-type leases was recorded in revenue for the three months ended March 31, 2022 and 2021 in the amount of $4 and $16.
v3.22.1
Investments
 3 Months Ended
Mar. 31, 2022
Investments [Abstract]  
Investments Investments
Our investments, which are recorded in Short-term and other investments or Investments, consisted of the following:
March 31
2022		December 31
2021
Equity method investments (1)
$947 $930 
Time deposits4,331 7,676 
Available for sale debt instruments497 464 
Equity and other investments45 45 
Restricted cash & cash equivalents(2)
45 52 
Total$5,865 $9,167 
(1)Dividends received were $27 and $5 during the three months ended March 31, 2022 and 2021.
(2)Reflects amounts restricted in support of our property sales, workers’ compensation programs, and insurance premiums.
Allowance for losses on available for sale debt instruments are assessed quarterly. All instruments are considered investment grade and, as such, we have not recognized an allowance for credit losses as of March 31, 2022.
v3.22.1
Commitments and Contingencies
 3 Months Ended
Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Commitments And Contingencies Commitments and Contingencies
737 MAX Grounding
Over 185 countries have approved the resumption of 737 MAX operations. The Civil Aviation Administration of China issued an airworthiness directive in the fourth quarter of 2021 outlining actions required for airlines to return to service. The 737 MAX has yet to return to service in China. While we expect 737 MAX deliveries to China to resume in 2022, subject to final regulatory approvals, risk remains around the timing and rate of those deliveries. The 737 MAX remains grounded in a small number of non-U.S. jurisdictions.
We have gradually increased production rates since 2020 and expect to increase the production rate to 31 per month during the second quarter of 2022, as well as implement further gradual production rate increases in subsequent periods based on market demand and supply chain capacity.
We continued to produce at abnormally low production rates through the first quarter of 2022 and expensed abnormal production costs of $188 and $568 during the three months ended March 31, 2022 and 2021. We do not expect the remaining abnormal costs related to the 737 MAX to be significant.
In the first quarter of 2022, we delivered 81 aircraft. We have approximately 320 airplanes in inventory as of March 31, 2022 and we anticipate delivering most of these aircraft by the end of 2023. We continue to work with customers who have requested to defer deliveries or to cancel orders for 737 MAX aircraft, and we are remarketing and/or delaying deliveries of certain aircraft included within inventory. In the event that we are unable to resume aircraft deliveries in China and/or ramp up deliveries consistent with our assumptions, our expectation of delivery timing and our expectation regarding future gradual production rate increases could be impacted.
The following table summarizes changes in the 737 MAX customer concessions and other considerations liability during the three months ended March 31, 2022 and 2021.
20222021
Beginning balance – January 1$2,940 $5,537 
Reductions for payments made(550)(1,172)
Reductions for concessions and other in-kind considerations(5)(25)
Changes in estimates34 30 
Ending balance – March 31$2,419 $4,370 
The liability balance of $2.4 billion at March 31, 2022 includes $1.8 billion of contracted customer concessions and other liabilities and $0.6 billion that remains subject to negotiation with customers. The contracted amount includes $0.8 billion expected to be liquidated by lower customer delivery payments, $0.8 billion expected to be paid in cash and $0.2 billion in other concessions. Of the cash payments to customers, we expect to pay $0.6 billion in 2022. The type of consideration to be provided for the remaining $0.6 billion will depend on the outcomes of negotiations with customers.
Environmental
The following table summarizes environmental remediation activity during the three months ended March 31, 2022 and 2021.
20222021
Beginning balance – January 1$605 $565 
Reductions for payments made, net of recoveries(13)
Changes in estimates48 15 
Ending balance – March 31$653 $567 
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 charges 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 March 31, 2022 and December 31, 2021, the high end of the estimated range of reasonably possible remediation costs exceeded our recorded liabilities by $1,094.
Product Warranties
The following table summarizes product warranty activity recorded during the three months ended March 31, 2022 and 2021.
20222021
Beginning balance – January 1$1,900 $1,527 
Additions for current year deliveries35 17 
Reductions for payments made(118)(44)
Changes in estimates149 234 
Ending balance – March 31$1,966 $1,734 
Commercial Aircraft Commitments
In conjunction with signing definitive agreements for the sale of new aircraft (Sale 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 upon the purchase of Sale Aircraft. 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 March 31, 2022 have expiration dates from 2022 through 2029. At March 31, 2022 and December 31, 2021 total contractual trade-in commitments were $1,289 and $612. As of March 31, 2022 and December 31, 2021, we estimated that it was probable we would be obligated to perform on certain of these commitments with net amounts payable to customers totaling $379 and $283 and the fair value of the related trade-in aircraft was $379 and $283.
Financing Commitments
Financing commitments related to aircraft on order, including options and those proposed in sales campaigns, and refinancing of delivered aircraft, totaled $12,761 and $12,905 as of March 31, 2022 and December 31, 2021. The estimated earliest potential funding dates for these commitments as of March 31, 2022 are as follows:

Total
April through December 2022$1,759 
20233,287 
20242,501 
20252,148 
20261,183 
Thereafter1,883 
$12,761 
As of March 31, 2022, all 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.
Funding Commitments
We have commitments to make additional capital contributions of $244 to joint ventures over the next five 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. Contingent liabilities on outstanding letters of credit agreements and surety bonds aggregated approximately $3,647 and $3,634 as of March 31, 2022 and December 31, 2021.
VC-25B Presidential Aircraft
The Company’s firm fixed-price contract for the Engineering, Manufacturing, and Development (EMD) effort on the U.S. Air Force’s (USAF) VC-25B Presidential Aircraft, commonly known as Air Force One, is a $4.3 billion program to develop and modify two 747-8 commercial aircraft. During the first quarter of 2022, the cumulative reach-forward loss on the contract increased by $660 to $1,146, driven by higher
supplier costs, higher costs to finalize certain technical requirements and schedule delays. Risk remains that we may be required to 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 is a $860 fixed-price contract and includes five aircraft and seven simulators. In the first quarter of 2022, we recorded an earnings charge of $67 related to the T-7A Red Hawk fixed-price EMD contract, which has close to break-even gross margins at March 31, 2022, primarily due to customer testing requirements and supply chain delays. The production portion of the contract includes 11 production lots for aircraft and related services. In 2018, we recorded a loss of $400 associated with the 11 production lots and associated support options for 346 T-7A Red Hawk aircraft that we believe are probable of being exercised. The first production and support contract option is expected to be exercised in 2023. The estimated loss increased by $300 to $700 during the first quarter of 2022 driven by ongoing supply chain negotiations which are impacted by supply chain constraints, COVID-19, and inflationary pressures. Risk remains that we may be required to 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. The period of performance runs from 2018 through 2024. During the first quarter of 2022 we recorded a $78 increase to the MQ-25 reach-forward loss primarily driven by additional customer testing requirements and supplier quality challenges. Risk remains that we may be required to 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. This EMD contract is a fixed-price incentive fee contract and involves highly complex designs and systems integration. Since 2016, the USAF has authorized seven low rate initial production (LRIP) lots for a total of 94 aircraft. The EMD contract and authorized LRIP lots total approximately $19 billion as of March 31, 2022. As of March 31, 2022, we had approximately $276 of capitalized precontract costs and $609 of potential termination liabilities to suppliers. During the first quarter of 2022, we recorded an increase to the reach-forward loss on the KC-46A Tanker program of $165 primarily reflecting higher supply chain and other costs. Risk remains that we may be required to record additional losses in future periods.
Fixed-Price Contracts
Substantially all contracts at BDS and the majority of contracts at BGS are long-term contracts. Long-term contracts that are contracted on a fixed-price basis could result in losses in future periods. Fixed-price development work is inherently uncertain and subject to significant variability in estimates of the cost and time required to complete the work. The operational and technical complexities of fixed-price contracts create financial risk, which could trigger additional earnings charges, termination provisions, order cancellations, or other financially significant exposure.
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.
v3.22.1
Arrangements With Off-Balance Sheet Risk
 3 Months Ended
Mar. 31, 2022
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. Estimated proceeds from collateral and recourse represent the anticipated values of assets we could liquidate or receive from other parties to offset our payments under guarantees. The carrying amount of liabilities represents the amount included in Accrued liabilities.
Maximum
Potential Payments		Estimated Proceeds from
Collateral/Recourse		Carrying Amount of
 Liabilities
March 31
2022		December 31
2021		March 31
2022		December 31
2021		March 31
2022		December 31
2021
Contingent repurchase commitments
$548 $548 $548 $548 
Credit guarantees
90 90 28 $46 $24 
Contingent Repurchase Commitments 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.
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 and are collateralized by certain assets. We record a liability for the fair value of guarantees and the expected contingent loss amount, which is reviewed quarterly. Current outstanding credit guarantees expire through 2036.
Other Indemnifications In conjunction with our sales of Electron Dynamic Devices, Inc. and Rocketdyne Propulsion and Power businesses and our BCA facilities in Wichita, Kansas and Tulsa and McAlester, Oklahoma, 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 and therefore, no liability has been recorded. 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 9.
v3.22.1
Postretirement Plans
 3 Months Ended
Mar. 31, 2022
Retirement Benefits [Abstract]  
Postretirement Plans Postretirement Plans
The components of net periodic benefit (income)/cost for the three months ended March 31 were as follows:
PensionPostretirement
2022202120222021
Service cost$1 $1 $18 $22 
Interest cost520 498 24 23 
Expected return on plan assets(947)(966)(2)(2)
Amortization of prior service credits(20)(20)(9)(9)
Recognized net actuarial loss/(gain)227 310 (28)(17)
Settlement/curtailment loss1 
Net periodic benefit (income)/cost($219)($176)$3 $17 
Net periodic benefit cost included in Loss from operations$1 $1 $19 $22 
Net periodic benefit income included in Other income, net(220)(177)(15)(5)
Net periodic benefit (income)/cost included in Loss before income taxes($219)($176)$4 $17 
v3.22.1
Share-Based Compensation And Other Compensation Arrangements
Feb. 16, 2022
Share-based Payment Arrangement [Abstract]  
Share-Based Compensation And Other Compensation Arrangements Share-Based Compensation and Other Compensation Arrangements
Stock Options
On February 16, 2022, we granted 348,769 premium-priced stock options to our executive officers as part of our long-term incentive program. These stock options have an exercise price equal to 120% of the fair market value of our stock on the date of grant. If certain performance measures are met, the exercise price is reduced to 110% of the grant date fair market value of our stock. The stock options are scheduled to vest and become exercisable three years after the grant date and expire ten years after the grant date. If an executive terminates employment because of retirement, layoff, disability, or death, the executive (or beneficiary) may receive some or all of their stock options depending on certain age and service conditions. The fair value of the stock options granted was $83.04 per unit and was estimated using a Monte-Carlo simulation model using the following assumptions: expected life 6.76 years, expected volatility 36.6%, risk free interest rate 2.0% and no expected dividend yield.
Restricted Stock Units
On February 16, 2022, we granted 1,804,541 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 $217.48 per unit. The RSUs granted under this program will generally vest and settle in common stock (on a one-for-one basis) on the third anniversary of the grant date. 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.
v3.22.1
Shareholders' Equity
 3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Shareholders' Equity Shareholders' Equity
Accumulated Other Comprehensive Loss
Changes in Accumulated other comprehensive loss (AOCI) by component for the three months ended March 31, 2022 and 2021 were as follows:
Currency Translation AdjustmentsUnrealized Gains and Losses on Certain InvestmentsUnrealized Gains and Losses on Derivative InstrumentsDefined Benefit Pension Plans & Other Postretirement Benefits
Total (1)
Balance at January 1, 2021($30)$1 ($43)($17,061)($17,133)
Other comprehensive (loss)/income before reclassifications(36)11 2 (23)
Amounts reclassified from AOCI
(2)206 
(2)
204 
Net current period Other comprehensive (loss)/income(36)9 208 181 
Balance at March 31, 2021($66)$1 ($34)($16,853)($16,952)
Balance at January 1, 2022($105)$1 $6 ($11,561)($11,659)
Other comprehensive income before reclassifications24 94 118 
Amounts reclassified from AOCI
35 
(3)
136 
(2)
171 
Net current period Other comprehensive income24 129 136 289 
Balance at March 31, 2022($81)$1 $135 ($11,425)($11,370)
(1)     Net of tax.
(2)    Primarily relates to amortization of actuarial losses for the three months ended March 31, 2022 and 2021 of $159 and $228 (net of tax of ($40) and ($65)). These are included in the net periodic pension cost.
(3)    Includes losses of $39 (net of tax of ($11)) from cash flow hedges reclassified to Other income, net because the forecasted transactions are no longer probable of occurring.
v3.22.1
Derivative Financial Instruments
 3 Months Ended
Mar. 31, 2022
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 transactions, specifically forecasted sales and purchases made in foreign currencies. Our foreign currency contracts hedge forecasted transactions through 2031. 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 have entered into agreements to purchase and sell aluminum to address long-term strategic sourcing objectives and non-U.S. business requirements. These agreements are derivative instruments for accounting purposes. The quantities of aluminum in these agreements offset and are priced at prevailing market prices. We also hold certain foreign currency forward contracts and commodity swaps 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
March 31
2022		December 31
2021		March 31
2022		December 31
2021		March 31
2022		December 31
2021
Derivatives designated as hedging instruments:
Foreign exchange contracts$2,686 $2,630 $53 $30 ($35)($52)
Commodity contracts593 500 190 88 (7)(18)
Derivatives not receiving hedge accounting treatment:
Foreign exchange contracts708 361 3 2 (52)(3)
Commodity contracts1,059 760 19 8 (12)(7)
Total derivatives$5,046 $4,251 $265 $128 ($106)($80)
Netting arrangements(46)(30)46 30 
Net recorded balance$219 $98 ($60)($50)
(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 are presented in the following table:
Three months ended March 31

20222021
Recognized in Other comprehensive income, net of taxes:
Foreign exchange contracts($8)($19)
Commodity contracts102 30 
Gains/(losses) associated with our hedging transactions and forward points reclassified from AOCI to earnings are presented in the following table:
Three months ended March 31
20222021
Foreign exchange contracts
Costs and expenses$5 
General and administrative(1)$3 
Commodity contracts
Costs and expenses1 (3)
General and administrative expense1 2 
Losses from cash flow hedges reclassified from AOCI to Other income, net because it is probable the forecasted transactions will not occur, were $50 and $0 for the three months ended March 31, 2022 and March 31, 2021. Losses related to undesignated derivatives on foreign exchange and commodity cash flow hedging transactions recognized in Other income, net were insignificant for the three months ended March 31, 2022 and 2021.
Based on our portfolio of cash flow hedges, we expect to reclassify gains of $53 (pre-tax) out of Accumulated other comprehensive loss into earnings during the next 12 months.
We have derivative instruments with credit-risk-related contingent features. For foreign exchange contracts with original maturities of at least five years, our derivative counterparties could require
settlement if we default on our five-year credit facility. For certain commodity contracts, our counterparties could require collateral posted in an amount determined by our credit ratings. The fair value of foreign exchange and commodity contracts that have credit-risk-related contingent features that are in a net liability position at March 31, 2022 was $1. At March 31, 2022, there was no collateral posted related to our derivatives.
v3.22.1
Fair Value Measurements
 3 Months Ended
Mar. 31, 2022
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.
March 31, 2022December 31, 2021
TotalLevel 1Level 2TotalLevel 1Level 2
Assets
Money market funds$978 $978 $1,370 $1,370 
Available-for-sale debt investments:
Commercial paper233 $233 225 $225 
Corporate notes254 254 262 262 
U.S. government agencies10 101 1 
Other equity investments20 19 120 20 
Derivatives219 219 98 98 
Total assets$1,714 $997 $717 $1,976 $1,390 $586 
Liabilities
Derivatives($60)($60)($50)($50)
Total liabilities($60)($60)($50)($50)
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 using significant unobservable inputs (Level 3). The following table presents the nonrecurring losses recognized for the three months ended March 31 due to long-lived asset impairment and the fair value and asset classification of the related assets as of the impairment date:
20222021
TotalTotal
Losses		TotalTotal
Losses
Investments($31)($7)
Customer financing assets
$44 (2)$18 (9)
Property, plant and equipment(19)
Other Assets and Acquired intangible assets1 (20)
Total$45 ($72)$18 ($16)
Investments, Property, plant and equipment, Other assets and Acquired intangible assets were primarily valued using an income approach based on the discounted cash flows associated with the underlying assets. The fair value of the impaired customer financing assets includes operating lease equipment and investments in sales type-leases/finance leases and is derived 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 assets that were measured at fair value on a nonrecurring basis during the period ended March 31, 2022, 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(s)		Unobservable InputRange
Median or Average
Customer financing assets$44Market approachAircraft value publications
$34 - $43(1)
Median $39
Aircraft condition adjustments
$0 - $5(2)
Net $5
(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.
(2)The negative amount represents the sum, for all aircraft subject to fair value measurement, of all downward adjustments based on consideration of individual aircraft attributes and condition. The positive amount represents the sum of all such upward adjustments.
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:
March 31, 2022
Carrying
Amount		Total Fair
Value		Level 1Level 2Level 3
Assets
Notes receivable, net$410 $448 $448 
Liabilities
Debt, excluding finance lease obligations (57,559)(59,428)(59,428)
December 31, 2021
Carrying
Amount		Total Fair
Value		Level 1Level 2Level 3
Assets
Notes receivable, net$412 $485 $485 
Liabilities
Debt, excluding finance lease obligations (57,921)(65,724)(65,724)
The fair values of notes receivable are 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 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. The fair values of our debt classified as Level 3 are based on discounted cash flow models using the implied yield from similar securities. 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, commercial paper, money market funds, 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 March 31, 2022 and December 31, 2021. 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).
v3.22.1
Legal Proceedings
 3 Months Ended
Mar. 31, 2022
Legal Proceedings [Abstract]  
Legal Proceedings Legal Proceedings
Various legal proceedings, claims and investigations related to products, contracts, employment and other matters are pending against us.
In addition, we are subject to various U.S. 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 government for fines, penalties, compensatory and treble damages, restitution and/or forfeitures. Under government regulations, a company, or one or more of its operating divisions or subdivisions, can also be suspended or debarred from government contracts, or lose its export privileges, based on the results of investigations. Except as described below, we believe, based upon current information, that the outcome of any such legal proceeding, claim, or government dispute and investigation will not have a material effect on our financial position, results of operations, or cash flows. Where it is reasonably possible that we will incur losses in excess of recorded amounts in connection with any of the matters set forth below, we will disclose either the amount or range of reasonably possible losses in excess of such amounts or, where no such amount or range can be reasonably estimated, the reasons why no such estimate can be made.
Multiple legal actions have been filed against us as a result of the October 29, 2018 accident of Lion Air Flight 610 and the March 10, 2019 accident of Ethiopian Airlines Flight 302. During the fourth quarter of 2021, we entered into a proposed settlement with plaintiffs in a shareholder derivative lawsuit. In March 2022, the court entered an order approving the proposed settlement and the Company committed to making certain governance changes. As a result of the settlement, the Company expects to receive approximately $200 in 2022. Further, we are subject to, and cooperating with ongoing governmental and regulatory investigations and inquiries relating to the accidents and the 737 MAX. Among these is an ongoing investigation by the Securities and Exchange Commission, the outcome of which may be material. We cannot reasonably estimate a range of loss, if any, not covered by available insurance that may result given the current status of the pending lawsuits, investigations, and inquiries related to the 737 MAX.
During 2019, we entered into agreements with Embraer S.A. (Embraer) to establish joint ventures that included the commercial aircraft and services operations of Embraer, of which we were expected to acquire an 80 percent ownership stake for $4,200, as well as a joint venture to promote and develop new markets for the C-390 Millennium. In 2020, we exercised our contractual right to terminate these agreements based on Embraer’s failure to meet certain required closing conditions. Embraer has disputed our right to terminate the agreements, and the dispute is currently in arbitration. We cannot reasonably estimate a range of loss, if any, that may result from the arbitration.
v3.22.1
Segment and Revenue Information
 3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Segment and Revenue Information Segment and Revenue InformationOur primary profitability measurements to review a segment’s operating results are Earnings/(loss) from operations and operating margins. We operate in four reportable segments: BCA, BDS, BGS, and BCC. All other activities fall within Unallocated items, eliminations and other. See page 6 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 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.
BCC facilitates, arranges, structures and provides selective financing solutions for our customers.
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 consist of the following:
(Dollars in millions)Three months ended March 31
20222021
Revenue from contracts with customers:
Europe$1,025 $873 
Latin America and Caribbean828 531 
Asia728 363 
Middle East318 129 
Other181 45 
Total non-U.S. revenues3,080 1,941 
United States1,102 2,353 
Estimated potential concessions and other considerations to 737 MAX customers, net(34)(30)
Total revenues from contracts with customers4,148 4,264 
Intersegment revenues eliminated on consolidation13 5 
Total segment revenues$4,161 $4,269 
Revenue recognized on fixed-price contracts100 %100 %
Revenue recognized at a point in time100 %100 %
BDS revenues on contracts with customers, based on the customer's location, consist of the following:
(Dollars in millions)Three months ended March 31
20222021
Revenue from contracts with customers:
U.S. customers$4,148 $5,520 
Non U.S. customers(1)
1,335 1,665 
Total segment revenue from contracts with customers$5,483 $7,185 
Revenue recognized over time99 %99 %
Revenue recognized on fixed-price contracts63 %70 %
Revenue from the U.S. government(1)
89 %90 %
(1)Includes revenues earned from foreign military sales through the U.S. government.
BGS revenues consist of the following:
(Dollars in millions)Three months ended March 31
20222021
Revenue from contracts with customers:
Commercial$2,276 $1,625 
Government1,968 2,070 
Total revenues from contracts with customers4,244 3,695 
Intersegment revenues eliminated on consolidation70 54 
Total segment revenues$4,314 $3,749 
Revenue recognized at a point in time49 %43 %
Revenue recognized on fixed-price contracts88 %87 %
Revenue from the U.S. government(1)
35 %43 %
(1)Includes revenues earned from foreign military sales through the U.S. government.
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 March 31, 2022 was $370,835. We expect approximately 34% to be converted to revenue through 2023 and approximately 86% through 2026, with the remainder thereafter. There is significant uncertainty regarding the timing of when backlog will convert into revenue due to 787 production issues and associated rework, timing of 737 MAX delivery resumption in China, timing of entry into service of the 777X, 737 MAX 7 and/or 737 MAX 10, and COVID-19 impacts.
Unallocated Items, Eliminations and other
Unallocated items, eliminations and other include common internal services that support Boeing’s global business operations, intercompany guarantees provided to BCC and eliminations of certain sales between segments. Such sales include airplanes accounted for as operating leases and considered transferred to the BCC segment. We generally allocate costs to business segments based on the U.S. federal cost accounting standards (CAS). Components of Unallocated items, eliminations and other are shown in the following table.
Three months ended March 31
20222021
Share-based plans($83)($128)
Deferred compensation42 (52)
Amortization of previously capitalized interest(23)(22)
Research and development expense, net(52)(42)
Eliminations and other unallocated items(144)(120)
Unallocated items, eliminations and other
($260)($364)
Pension FAS/CAS service cost adjustment$208 $193 
Postretirement FAS/CAS service cost adjustment75 77 
FAS/CAS service cost adjustment$283 $270 
Pension and Other Postretirement Benefit Expense
Pension costs, comprising GAAP service and prior service costs, are allocated to BCA and the commercial operations at BGS. 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.
Assets
Segment assets are summarized in the table below:
March 31
2022		December 31
2021
Commercial Airplanes$76,784 $75,863 
Defense, Space & Security14,952 14,974 
Global Services16,238 16,397 
Boeing Capital1,656 1,735 
Unallocated items, eliminations and other26,171 29,583 
Total$135,801 $138,552 
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 four principal business segments and intercompany eliminations.
v3.22.1
Basis Of Presentation (Policy)
 3 Months Ended
Mar. 31, 2022
Policy Text Block [Abstract]  
Use of Estimates, Policy
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. We believe
that the accounting estimates and assumptions are appropriate, however, given the increased uncertainties surrounding the severity and duration of the impacts of the COVID-19 pandemic actual results could differ from those estimates.
Long-term Contracts
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 sales and costs for a long-term contract indicate a loss, a provision for the entire reach-forward loss on the long-term contract is recognized.
Net cumulative catch-up adjustments to prior periods' revenue and earnings, including certain reach-forward losses, across all long-term contracts were as follows:
(In millions - except per share amounts)Three months ended March 31
20222021
(Decrease)/increase to Revenue($612)$7 
Increase to Loss from operations($1,130)($176)
Decrease to Diluted EPS($1.47)($0.29)
v3.22.1
Earnings Per Share (Policies)
 3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share, Policy
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, less earnings available to participating securities, divided by the basic weighted average common shares outstanding.
Diluted earnings per share is calculated by taking net earnings, less earnings available to participating securities, divided by the diluted weighted average common shares outstanding.
v3.22.1
Commitments and Contingencies Commitments and Contingencies (Policies)
 3 Months Ended
Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Environmental 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 charges 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.
Commitments and Contingencies, Policy In conjunction with signing definitive agreements for the sale of new aircraft (Sale 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 upon the purchase of Sale Aircraft. 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.
v3.22.1
Segment Reporting (Policies)
 3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Backlog Policy 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.
v3.22.1
Summary Of Business Segment Data Summary of Business Segment Data (Tables)
 3 Months Ended
Mar. 31, 2022
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
(Dollars in millions)Three months ended March 31
20222021
Revenues:
Commercial Airplanes$4,161 $4,269 
Defense, Space & Security5,483 7,185 
Global Services4,314 3,749 
Boeing Capital46 60 
Unallocated items, eliminations and other(13)(46)
Total revenues$13,991 $15,217 
Earnings/(loss) from operations:
Commercial Airplanes($859)($856)
Defense, Space & Security(929)405 
Global Services632 441 
Boeing Capital(36)21 
Segment operating (loss)/earnings(1,192)11 
Unallocated items, eliminations and other(260)(364)
FAS/CAS service cost adjustment283 270 
Loss from operations(1,169)(83)
Other income, net181 190 
Interest and debt expense(630)(679)
Loss before income taxes(1,618)(572)
Income tax benefit376 11 
Net loss(1,242)(561)
Less: Net loss attributable to noncontrolling interest(23)(24)
Net loss attributable to Boeing Shareholders($1,219)($537)
v3.22.1
Basis Of Presentation (Tables)
 3 Months Ended
Mar. 31, 2022
Net cumulative catch-up adjustments [Abstract]  
Use of Estimates, Policy
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. We believe
that the accounting estimates and assumptions are appropriate, however, given the increased uncertainties surrounding the severity and duration of the impacts of the COVID-19 pandemic actual results could differ from those estimates.
Long-term Contracts
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 sales and costs for a long-term contract indicate a loss, a provision for the entire reach-forward loss on the long-term contract is recognized.
Net cumulative catch-up adjustments to prior periods' revenue and earnings, including certain reach-forward losses, across all long-term contracts were as follows:
(In millions - except per share amounts)Three months ended March 31
20222021
(Decrease)/increase to Revenue($612)$7 
Increase to Loss from operations($1,130)($176)
Decrease to Diluted EPS($1.47)($0.29)
v3.22.1
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block] 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, less earnings available to participating securities, divided by the basic weighted average common shares outstanding.
Diluted earnings per share is calculated by taking net earnings, less earnings available to participating securities, divided by the diluted weighted average common shares outstanding.
The elements used in the computation of basic and diluted earnings per share were as follows:
(In millions - except per share amounts)Three months ended March 31
20222021
Net loss attributable to Boeing Shareholders($1,219)($537)
Less: earnings available to participating securities
Net loss available to common shareholders($1,219)($537)
Basic
Basic weighted average shares outstanding
591.7 585.4 
Less: participating securities(1)
0.3 0.4 
Basic weighted average common shares outstanding
591.4 585.0 
Diluted
Basic weighted average shares outstanding
591.7 585.4 
Dilutive potential common shares(2)
Diluted weighted average shares outstanding
591.7 585.4 
Less: participating securities(1)
0.3 0.4 
Diluted weighted average common shares outstanding
591.4 585.0 
Net loss per share:
Basic
($2.06)($0.92)
Diluted
(2.06)(0.92)
(1)Participating securities include certain instruments in our deferred compensation plan.
(2)Diluted earnings per share includes any dilutive impact of stock options, restricted stock units, performance-based restricted stock units and performance awards.
As a result of incurring a net loss for the three months ended March 31, 2022 and 2021, potential common shares of 3.6 million and 1.7 million were excluded from diluted loss per share because the effect would have been antidilutive. In addition, the following table includes the number of shares that may be dilutive potential common shares in the future. These shares were not included in the computation of diluted loss per share because the effect was either antidilutive or the performance condition was not met.
(Shares in millions)Three months ended March 31
20222021
Performance awards1.6 2.6 
Performance-based restricted stock units0.4 0.7 
Restricted stock units0.4 1.4 
Stock options0.6 0.2 
Schedule Of Weighted-Average Number Of Shares
The elements used in the computation of basic and diluted earnings per share were as follows:
(In millions - except per share amounts)Three months ended March 31
20222021
Net loss attributable to Boeing Shareholders($1,219)($537)
Less: earnings available to participating securities
Net loss available to common shareholders($1,219)($537)
Basic
Basic weighted average shares outstanding
591.7 585.4 
Less: participating securities(1)
0.3 0.4 
Basic weighted average common shares outstanding
591.4 585.0 
Diluted
Basic weighted average shares outstanding
591.7 585.4 
Dilutive potential common shares(2)
Diluted weighted average shares outstanding
591.7 585.4 
Less: participating securities(1)
0.3 0.4 
Diluted weighted average common shares outstanding
591.4 585.0 
Net loss per share:
Basic
($2.06)($0.92)
Diluted
(2.06)(0.92)
(1)Participating securities include certain instruments in our deferred compensation plan.
(2)Diluted earnings per share includes any dilutive impact of stock options, restricted stock units, performance-based restricted stock units and performance awards.
Schedule Of Weighted Average Number Of Shares Outstanding Excluded From The Computation Of Diluted Earnings Per Share
(Shares in millions)Three months ended March 31
20222021
Performance awards1.6 2.6 
Performance-based restricted stock units0.4 0.7 
Restricted stock units0.4 1.4 
Stock options0.6 0.2 
v3.22.1
Allowance for Losses on Financial Assets Allowance for Losses on Financial Assets (Tables)
 3 Months Ended
Mar. 31, 2022
Allowance for Losses on Financial Assets [Abstract]  
Financial Assets, Allowance for Credit Loss
The changes in allowances for expected credit losses for the three months ended March 31, 2022 and 2021 consisted of the following:
Accounts receivable Unbilled receivablesOther current assetsCustomer financingOther assetsTotal
Balance at January 1, 2021($444)($129)($72)($17)($140)($802)
Changes in estimates10 (1)(6)(42)(39)
Write-offs1 1 
Balance at March 31, 2021($433)($130)($78)($17)($182)($840)
Balance at January 1, 2022($390)($91)($62)($18)($186)($747)
Changes in estimates(7)15 5 (48)(22)(57)
Write-offs6 6 
Recoveries1 1 
Balance at March 31, 2022($390)($76)($57)($66)($208)($797)
v3.22.1
Inventories (Tables)
 3 Months Ended
Mar. 31, 2022
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current
Inventories consisted of the following:
March 31
2022		December 31
2021
Long-term contracts in progress$821 $872 
Commercial aircraft programs69,239 68,106 
Commercial spare parts, used aircraft, general stock materials and other
9,759 9,845 
Total$79,819 $78,823 
v3.22.1
Customer Financing (Tables)
 3 Months Ended
Mar. 31, 2022
Customer Financing [Abstract]  
Schedule Of Customer Financing
Customer financing consisted of the following:
March 31
2022		December 31
2021
Financing receivables:
Investment in sales-type/finance leases$886 $944 
Notes410 412 
Total financing receivables
1,296 1,356 
Less allowance for losses on receivables(66)(18)
Financing receivables, net1,230 1,338 
Operating lease equipment, at cost, less accumulated depreciation of $62 and $58
507 474 
Total$1,737 $1,812 
Financing Receivable Credit Quality Indicators
Our financing receivable balances at March 31, 2022 by internal credit rating category and year of origination consisted of the following:
Rating categoriesCurrent2021202020192018PriorTotal
BBB$98 $98 
BB$9 $231 $118 $42 $13 121 534 
B35 188 223 
CCC7 24 410 441 
Total carrying value of financing receivables$9 $266 $125 $66 $13 $817 $1,296 
Schedule Of Customer Financing Carrying Values Related To Major Aircraft Concentrations
The majority of our customer financing portfolio is concentrated in the following aircraft models:
March 31
2022		December 31
2021
717 Aircraft ($58 and $62 accounted for as operating leases)
$589 $603 
747-8 Aircraft (accounted for as sales-type finance leases)394 435 
737 Aircraft ($186 and $145 accounted for as operating leases)
204 163 
777 Aircraft ($221 and $225 accounted for as operating leases)
229 233 
MD-80 Aircraft (accounted for as sales-type finance leases)140 142 
757 Aircraft (accounted for as sales-type finance leases)121 126 
747-400 Aircraft ($0 and $1 accounted for as operating leases)
48 50 
v3.22.1
Investments (Tables)
 3 Months Ended
Mar. 31, 2022
Investments [Abstract]  
Schedule of Investments Investments
Our investments, which are recorded in Short-term and other investments or Investments, consisted of the following:
March 31
2022		December 31
2021
Equity method investments (1)
$947 $930 
Time deposits4,331 7,676 
Available for sale debt instruments497 464 
Equity and other investments45 45 
Restricted cash & cash equivalents(2)
45 52 
Total$5,865 $9,167 
(1)Dividends received were $27 and $5 during the three months ended March 31, 2022 and 2021.
(2)Reflects amounts restricted in support of our property sales, workers’ compensation programs, and insurance premiums.
v3.22.1
Commitments and Contingencies (Tables)
 3 Months Ended
Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
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 three months ended March 31, 2022 and 2021.
20222021
Beginning balance – January 1$2,940 $5,537 
Reductions for payments made(550)(1,172)
Reductions for concessions and other in-kind considerations(5)(25)
Changes in estimates34 30 
Ending balance – March 31$2,419 $4,370 
Environmental
The following table summarizes environmental remediation activity during the three months ended March 31, 2022 and 2021.
20222021
Beginning balance – January 1$605 $565 
Reductions for payments made, net of recoveries(13)
Changes in estimates48 15 
Ending balance – March 31$653 $567 
Product Warranties
The following table summarizes product warranty activity recorded during the three months ended March 31, 2022 and 2021.
20222021
Beginning balance – January 1$1,900 $1,527 
Additions for current year deliveries35 17 
Reductions for payments made(118)(44)
Changes in estimates149 234 
Ending balance – March 31$1,966 $1,734 
Financing Commitments The estimated earliest potential funding dates for these commitments as of March 31, 2022 are as follows:

Total
April through December 2022$1,759 
20233,287 
20242,501 
20252,148 
20261,183 
Thereafter1,883 
$12,761 
v3.22.1
Arrangements With Off-Balance Sheet Risk (Tables)
 3 Months Ended
Mar. 31, 2022
Guarantees [Abstract]  
Schedule of Guarantor Obligations [Table Text Block]
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. Estimated proceeds from collateral and recourse represent the anticipated values of assets we could liquidate or receive from other parties to offset our payments under guarantees. The carrying amount of liabilities represents the amount included in Accrued liabilities.
Maximum
Potential Payments		Estimated Proceeds from
Collateral/Recourse		Carrying Amount of
 Liabilities
March 31
2022		December 31
2021		March 31
2022		December 31
2021		March 31
2022		December 31
2021
Contingent repurchase commitments
$548 $548 $548 $548 
Credit guarantees
90 90 28 $46 $24 
v3.22.1
Postretirement Plans (Tables)
 3 Months Ended
Mar. 31, 2022
Pension Plan  
Defined Benefit Plan Disclosure [Line Items]  
Net Periodic Benefit Cost
The components of net periodic benefit (income)/cost for the three months ended March 31 were as follows:
PensionPostretirement
2022202120222021
Service cost$1 $1 $18 $22 
Interest cost520 498 24 23 
Expected return on plan assets(947)(966)(2)(2)
Amortization of prior service credits(20)(20)(9)(9)
Recognized net actuarial loss/(gain)227 310 (28)(17)
Settlement/curtailment loss1 
Net periodic benefit (income)/cost($219)($176)$3 $17 
Net periodic benefit cost included in Loss from operations$1 $1 $19 $22 
Net periodic benefit income included in Other income, net(220)(177)(15)(5)
Net periodic benefit (income)/cost included in Loss before income taxes($219)($176)$4 $17 
v3.22.1
Shareholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Accumulated other comprehensive income
Changes in Accumulated other comprehensive loss (AOCI) by component for the three months ended March 31, 2022 and 2021 were as follows:
Currency Translation AdjustmentsUnrealized Gains and Losses on Certain InvestmentsUnrealized Gains and Losses on Derivative InstrumentsDefined Benefit Pension Plans & Other Postretirement Benefits
Total (1)
Balance at January 1, 2021($30)$1 ($43)($17,061)($17,133)
Other comprehensive (loss)/income before reclassifications(36)11 2 (23)
Amounts reclassified from AOCI
(2)206 
(2)
204 
Net current period Other comprehensive (loss)/income(36)9 208 181 
Balance at March 31, 2021($66)$1 ($34)($16,853)($16,952)
Balance at January 1, 2022($105)$1 $6 ($11,561)($11,659)
Other comprehensive income before reclassifications24 94 118 
Amounts reclassified from AOCI
35 
(3)
136 
(2)
171 
Net current period Other comprehensive income24 129 136 289 
Balance at March 31, 2022($81)$1 $135 ($11,425)($11,370)
(1)     Net of tax.
(2)    Primarily relates to amortization of actuarial losses for the three months ended March 31, 2022 and 2021 of $159 and $228 (net of tax of ($40) and ($65)). These are included in the net periodic pension cost.
(3)    Includes losses of $39 (net of tax of ($11)) from cash flow hedges reclassified to Other income, net because the forecasted transactions are no longer probable of occurring.
v3.22.1
Derivative Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments, 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
March 31
2022		December 31
2021		March 31
2022		December 31
2021		March 31
2022		December 31
2021
Derivatives designated as hedging instruments:
Foreign exchange contracts$2,686 $2,630 $53 $30 ($35)($52)
Commodity contracts593 500 190 88 (7)(18)
Derivatives not receiving hedge accounting treatment:
Foreign exchange contracts708 361 3 2 (52)(3)
Commodity contracts1,059 760 19 8 (12)(7)
Total derivatives$5,046 $4,251 $265 $128 ($106)($80)
Netting arrangements(46)(30)46 30 
Net recorded balance$219 $98 ($60)($50)
(1)Notional amounts represent the gross contract/notional amount of the derivatives outstanding.
Schedule Of Derivative Instruments, Gains/(Losses)
Gains/(losses) associated with our hedging transactions and forward points recognized in Other comprehensive income are presented in the following table:
Three months ended March 31

20222021
Recognized in Other comprehensive income, net of taxes:
Foreign exchange contracts($8)($19)
Commodity contracts102 30 
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:
Three months ended March 31
20222021
Foreign exchange contracts
Costs and expenses$5 
General and administrative(1)$3 
Commodity contracts
Costs and expenses1 (3)
General and administrative expense1 2 
v3.22.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Fair Value, Assets And Liabilities Measured On Recurring Basis
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.
March 31, 2022December 31, 2021
TotalLevel 1Level 2TotalLevel 1Level 2
Assets
Money market funds$978 $978 $1,370 $1,370 
Available-for-sale debt investments:
Commercial paper233 $233 225 $225 
Corporate notes254 254 262 262 
U.S. government agencies10 101 1 
Other equity investments20 19 120 20 
Derivatives219 219 98 98 
Total assets$1,714 $997 $717 $1,976 $1,390 $586 
Liabilities
Derivatives($60)($60)($50)($50)
Total liabilities($60)($60)($50)($50)
Fair Value, Assets Measured On Nonrecurring Basis Using Unobservable Inputs
Certain assets have been measured at fair value on a nonrecurring basis using significant unobservable inputs (Level 3). The following table presents the nonrecurring losses recognized for the three months ended March 31 due to long-lived asset impairment and the fair value and asset classification of the related assets as of the impairment date:
20222021
TotalTotal
Losses		TotalTotal
Losses
Investments($31)($7)
Customer financing assets
$44 (2)$18 (9)
Property, plant and equipment(19)
Other Assets and Acquired intangible assets1 (20)
Total$45 ($72)$18 ($16)
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques
For Level 3 assets that were measured at fair value on a nonrecurring basis during the period ended March 31, 2022, 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(s)		Unobservable InputRange
Median or Average
Customer financing assets$44Market approachAircraft value publications
$34 - $43(1)
Median $39
Aircraft condition adjustments
$0 - $5(2)
Net $5
(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.
(2)The negative amount represents the sum, for all aircraft subject to fair value measurement, of all downward adjustments based on consideration of individual aircraft attributes and condition. The positive amount represents the sum of all such upward adjustments.
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:
March 31, 2022
Carrying
Amount		Total Fair
Value		Level 1Level 2Level 3
Assets
Notes receivable, net$410 $448 $448 
Liabilities
Debt, excluding finance lease obligations (57,559)(59,428)(59,428)
December 31, 2021
Carrying
Amount		Total Fair
Value		Level 1Level 2Level 3
Assets
Notes receivable, net$412 $485 $485 
Liabilities
Debt, excluding finance lease obligations (57,921)(65,724)(65,724)
v3.22.1
Segment and Revenue Information (Tables)
 3 Months Ended
Mar. 31, 2022
Disaggregation of Revenue [Line Items]  
Schedule Of Unallocated Items and Eliminations Components of Unallocated items, eliminations and other are shown in the following table.
Three months ended March 31
20222021
Share-based plans($83)($128)
Deferred compensation42 (52)
Amortization of previously capitalized interest(23)(22)
Research and development expense, net(52)(42)
Eliminations and other unallocated items(144)(120)
Unallocated items, eliminations and other
($260)($364)
Pension FAS/CAS service cost adjustment$208 $193 
Postretirement FAS/CAS service cost adjustment75 77 
FAS/CAS service cost adjustment$283 $270 
Reconciliation of Assets from Segment to Consolidated
Segment assets are summarized in the table below:
March 31
2022		December 31
2021
Commercial Airplanes$76,784 $75,863 
Defense, Space & Security14,952 14,974 
Global Services16,238 16,397 
Boeing Capital1,656 1,735 
Unallocated items, eliminations and other26,171 29,583 
Total$135,801 $138,552 
Commercial Airplanes  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue
BCA revenues by customer location consist of the following:
(Dollars in millions)Three months ended March 31
20222021
Revenue from contracts with customers:
Europe$1,025 $873 
Latin America and Caribbean828 531 
Asia728 363 
Middle East318 129 
Other181 45 
Total non-U.S. revenues3,080 1,941 
United States1,102 2,353 
Estimated potential concessions and other considerations to 737 MAX customers, net(34)(30)
Total revenues from contracts with customers4,148 4,264 
Intersegment revenues eliminated on consolidation13 5 
Total segment revenues$4,161 $4,269 
Revenue recognized on fixed-price contracts100 %100 %
Revenue recognized at a point in time100 %100 %
Defense, Space & Security  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue
BDS revenues on contracts with customers, based on the customer's location, consist of the following:
(Dollars in millions)Three months ended March 31
20222021
Revenue from contracts with customers:
U.S. customers$4,148 $5,520 
Non U.S. customers(1)
1,335 1,665 
Total segment revenue from contracts with customers$5,483 $7,185 
Revenue recognized over time99 %99 %
Revenue recognized on fixed-price contracts63 %70 %
Revenue from the U.S. government(1)
89 %90 %
(1)Includes revenues earned from foreign military sales through the U.S. government.
Global Services  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue
BGS revenues consist of the following:
(Dollars in millions)Three months ended March 31
20222021
Revenue from contracts with customers:
Commercial$2,276 $1,625 
Government1,968 2,070 
Total revenues from contracts with customers4,244 3,695 
Intersegment revenues eliminated on consolidation70 54 
Total segment revenues$4,314 $3,749 
Revenue recognized at a point in time49 %43 %
Revenue recognized on fixed-price contracts88 %87 %
Revenue from the U.S. government(1)
35 %43 %
(1)Includes revenues earned from foreign military sales through the U.S. government.
v3.22.1
Summary Of Business Segment Data (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Segment Reporting Information [Line Items]    
Revenues $ 13,991 $ 15,217
Loss from operations (1,169) (83)
Other income, net 181 190
Interest and debt expense (630) (679)
(Loss)/earnings before income taxes (1,618) (572)
Income tax benefit 376 11
Net loss (1,242) (561)
Less: net loss attributable to noncontrolling interest (23) (24)
Net loss attributable to Boeing Shareholders (1,219) (537)
Operating Segments    
Segment Reporting Information [Line Items]    
Loss from operations (1,192) 11
Operating Segments | Commercial Airplanes    
Segment Reporting Information [Line Items]    
Revenues 4,161 4,269
Loss from operations (859) (856)
Operating Segments | Defense, Space & Security    
Segment Reporting Information [Line Items]    
Revenues 5,483 7,185
Loss from operations (929) 405
Operating Segments | Global Services    
Segment Reporting Information [Line Items]    
Revenues 4,314 3,749
Loss from operations 632 441
Operating Segments | Boeing Capital    
Segment Reporting Information [Line Items]    
Revenues 46 60
Loss from operations (36) 21
Corporate Reconciling Items And Eliminations    
Segment Reporting Information [Line Items]    
Revenues (13) (46)
Unallocated items, eliminations and other (260) (364)
FAS/CAS service cost adjustment $ 283 $ 270
v3.22.1
Basis Of Presentation (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Basis of Presentation [Line Items]      
Net Cash Provided by (Used in) Operating Activities $ (3,216) $ (3,387)  
Cash, Cash Equivalents, and Short-term Investments 12,300   $ 16,200
Debt and Lease Obligation 57,700   58,100
Debt, Current 2,591   1,296
Line of Credit Facility, Maximum Borrowing Capacity 6,300    
Increase/(Decrease) in revenue due to change in accounting estimate (612) 7  
Increase/(Decrease) in (Loss)/earnings from operations due to change in accounting estimate $ (1,130) $ (176)  
Change in Earnings Per Share Due to Change in Accounting Estimate $ (1.47) $ (0.29)  
Treasury shares issued for 401(k) contribution $ 329 $ 306  
Three Hundred And Sixty Four Day Revolving Credit Facility      
Basis of Presentation [Line Items]      
Line of Credit Facility, Maximum Borrowing Capacity 3,100    
Senior Notes [Member] | 2022      
Basis of Presentation [Line Items]      
Long-term Debt, Current Maturities 900    
Supply Chain Financing [Member]      
Basis of Presentation [Line Items]      
Accounts Payable, Trade 2,100   $ 2,300
Revolving Credit Facility      
Basis of Presentation [Line Items]      
Debt Instrument, Unused Borrowing Capacity, Amount $ 14,700    
v3.22.1
Earnings Per Share (Schedule Of Weighted-Average Number Of Shares Outstanding Used To Compute Earnings Per Share) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Earnings Per Share [Abstract]    
Net loss attributable to Boeing Shareholders $ (1,219) $ (537)
Undistributed Earnings Allocated to Participating Securities, Basic
Net (loss)/earnings available to common shareholders $ (1,219) $ (537)
Basic weighted average shares outstanding 591.7 585.4
Participating securities [1] 0.3 0.4
Basic weighted average common shares outstanding 591.4 585.0
Dilutive potential common shares [2]
Diluted weighted average shares outstanding 591.7 585.4
Participating securities [1] 0.3 0.4
Diluted weighted average common shares outstanding 591.4 585.0
Earnings Per Share, Basic $ (2.06) $ (0.92)
Earnings Per Share, Diluted $ (2.06) $ (0.92)
[1] Participating securities include certain instruments in our deferred compensation plan.
[2] Diluted earnings per share includes any dilutive impact of stock options, restricted stock units, performance-based restricted stock units and performance awards.
v3.22.1
Earnings Per Share (Schedule Of Weighted Average Number Of Shares Outstanding Excluded From The Computation Of Diluted Earnings Per Share) (Details) - shares
shares in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Shares excluded from the computation of diluted earnings 3.6 1.7
Performance Awards | Antidilutive or Performance Condition not met    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Shares excluded from the computation of diluted earnings 1.6 2.6
Performance-Based Restricted Stock Units (PBRSUs) | Antidilutive or Performance Condition not met    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Shares excluded from the computation of diluted earnings 0.4 0.7
Restricted Stock Units (RSUs) | Antidilutive or Performance Condition not met    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Shares excluded from the computation of diluted earnings 0.4 1.4
Share-based Payment Arrangement, Option | Antidilutive or Performance Condition not met    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Shares excluded from the computation of diluted earnings 0.6 0.2
v3.22.1
Income Taxes (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Income Tax Disclosure [Abstract]      
Effective income tax rate 23.20% 1.90%  
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 21.00% 21.00%  
Deferred Tax Assets, Valuation Allowance     $ (2,423)
v3.22.1
Allowance for Losses on Financial Assets Allowance for Losses on Financial Assets (Allowance Disclosure) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Allowance for Losses on Financial Assets [Line Items]        
Allowance for Credit Loss $ (797) $ (840) $ (747) $ (802)
Credit Loss Expense, Reversal 57 39    
Allowance for Credit Loss, Writeoff 6 1    
Accounts Receivable, Allowance for Credit Loss [Roll Forward]        
Accounts Receivable, Allowance for Credit Loss (390) (433) (390) (444)
Accounts Receivable, Credit Loss Expense (Reversal) (7) (10)    
Accounts Receivable, Allowance for Credit Loss, Writeoff 6 1    
Credit Loss, Recoveries 1      
Accounts Receivable, Allowance for Credit Loss, Recovery 1      
Contract with Customer, Asset, Allowance for Credit Loss [Roll Forward]        
Contract with Customer, Asset, Allowance for Credit Loss (76) (130) (91) (129)
Contract with Customer, Asset, Credit Loss Expense (Reversal) 15 1    
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Financing Receivable, Allowance for Credit Loss (66) (17) (18) (17)
Financing Receivable, Credit Loss, Expense (Reversal) (48)    
Other Current Assets        
Allowance for Losses on Financial Assets [Line Items]        
Allowance for Credit Loss (57) (78) (62) (72)
Credit Loss Expense, Reversal 5 6    
Other Noncurrent Assets        
Allowance for Losses on Financial Assets [Line Items]        
Allowance for Credit Loss (208) (182) $ (186) $ (140)
Credit Loss Expense, Reversal $ 22 $ 42    
v3.22.1
Inventories (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Inventory [Line Items]      
Long-term contracts in progress $ 821   $ 872
Increase/(Decrease) in (Loss)/earnings from operations due to change in accounting estimate 1,130 $ 176  
Airplane Program 787 [Member]      
Inventory [Line Items]      
Amount of Deferred Costs Related to Long-term Contracts 11,753   11,693
Advances on Inventory Purchases 1,861   1,907
Unamortized Tooling 1,818   1,815
Recovered Production Costs Excess Recoverable Under Existing Firm Orders 8,901    
Unrecovered Production Costs, Excess Unrecoverable under Existing Firm Orders 4,670    
Increase/(Decrease) in (Loss)/earnings from operations due to change in accounting estimate     (3,460)
Abnormal Production cost. 312    
Airplane Program 737 [Member]      
Inventory [Line Items]      
Amount of Deferred Costs Related to Long-term Contracts 1,753   1,296
Unamortized Tooling 600   617
Recovered Production Costs Excess Recoverable Under Existing Firm Orders 2,343    
Unrecovered Production Costs, Excess Unrecoverable under Existing Firm Orders 10    
Airplane Program 777x [Member]      
Inventory [Line Items]      
Amount of Deferred Costs Related to Long-term Contracts 1,091   652
Unamortized Tooling 3,572   3,521
Capitalized Precontract Costs      
Inventory [Line Items]      
Inventory Amount, Unpriced Change Orders for Long-term Contracts or Programs 710   648
Early Issue Sales Consideration [Member]      
Inventory [Line Items]      
Inventory Amount, Unpriced Change Orders for Long-term Contracts or Programs $ 3,383   $ 3,290
v3.22.1
Inventories (Inventory Disclosure Table) (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Inventory Disclosure [Abstract]    
Long-term contracts in progress $ 821 $ 872
Commercial aircraft programs 69,239 68,106
Commercial spare parts, used aircraft, general stock materials and other 9,759 9,845
Total $ 79,819 $ 78,823
v3.22.1
Contracts with Customers Contracts with Customers (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]      
Unbilled receivables, net $ 8,991   $ 8,620
Contract with Customer, Asset, Explanation of Change primarily driven by revenue recognized at Defense, Space & Security (BDS) and Global Services (BGS) in excess of billings    
Advances and progress billings $ 52,458   $ 52,980
Contract with Customer, Liability, Explanation of Change primarily driven by revenue recognized at BDS, Commercial Airplanes (BCA), and BGS and the return of BCA customer advances, partially offset by advances on orders received.    
Contract with Customer, Liability, Revenue Recognized $ 3,401 $ 4,718  
v3.22.1
Customer Financing (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Customer Financing [Line Items]      
Financing Receivable, Nonaccrual $ 412    
Financing Receivable, Nonaccrual, No Allowance     $ 378
Financing Receivable, Nonaccrual, Interest Income 3 $ 6  
Financing Receivable, before Allowance for Credit Loss 410   $ 412
Sales-Type and Direct Financing Leases, Lease Income 18 13  
Operating Lease, Lease Income 15 18  
Operating Lease, Variable Lease Income 4 2  
Sales-type and Direct Financing Leases, Profit (Loss) 4 $ 16  
Financial Asset, Past Due      
Customer Financing [Line Items]      
Financing Receivable, before Allowance for Credit Loss $ 1    
CCC Credit Rating      
Customer Financing [Line Items]      
Percentage of Credit Default Rates Applied to Customers 88.10%    
B Credit Rating      
Customer Financing [Line Items]      
Percentage of Credit Default Rates Applied to Customers 26.80%    
BB Credit Rating      
Customer Financing [Line Items]      
Percentage of Credit Default Rates Applied to Customers 3.40%    
BBB Credit Rating      
Customer Financing [Line Items]      
Percentage of Credit Default Rates Applied to Customers 0.10%    
v3.22.1
Customer Financing (Schedule Of Customer Financing) (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Dec. 31, 2020
Customer Financing [Abstract]        
Investment in sales-type/finance leases $ 886 $ 944    
Notes 410 412    
Total financing receivables 1,296 1,356    
Less allowance for losses on receivables (66) (18) $ (17) $ (17)
Total Financing Receivables, Net 1,230 1,338    
Operating lease equipment, at cost, less accumulated depreciation of $62 and $58 507 474    
Operating Lease, Accumulated Depreciation 62 58    
Total $ 1,737 $ 1,812    
v3.22.1
Customer Financing (Financing Receivable Credit Quality Indicators) (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]    
Financing Receivable, Year One, Originated, Current Fiscal Year $ 9  
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year 266  
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year 125  
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year 66  
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year 13  
Financing Receivable, Originated, More than Five Years before Current Fiscal Year 817  
Carrying value of financing receivables 1,296 $ 1,356
BBB Credit Rating    
Financing Receivable, Credit Quality Indicator [Line Items]    
Financing Receivable, Originated, More than Five Years before Current Fiscal Year 98  
Carrying value of financing receivables 98  
BB Credit Rating    
Financing Receivable, Credit Quality Indicator [Line Items]    
Financing Receivable, Year One, Originated, Current Fiscal Year 9  
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year 231  
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year 118  
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year 42  
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year 13  
Financing Receivable, Originated, More than Five Years before Current Fiscal Year 121  
Carrying value of financing receivables 534  
B Credit Rating    
Financing Receivable, Credit Quality Indicator [Line Items]    
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year 35  
Financing Receivable, Originated, More than Five Years before Current Fiscal Year 188  
Carrying value of financing receivables 223  
CCC Credit Rating    
Financing Receivable, Credit Quality Indicator [Line Items]    
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year 7  
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year 24  
Financing Receivable, Originated, More than Five Years before Current Fiscal Year 410  
Carrying value of financing receivables $ 441  
v3.22.1
Customer Financing (Carrying Values Related to Major Aircraft Concentrations) (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Customer Financing [Line Items]    
Operating leases $ 507 $ 474
B-717    
Customer Financing [Line Items]    
Customer financing carrying value 589 603
Operating leases 58 62
B747-8    
Customer Financing [Line Items]    
Customer financing carrying value 394 435
B-737    
Customer Financing [Line Items]    
Customer financing carrying value 204 163
Operating leases 186 145
B-777    
Customer Financing [Line Items]    
Customer financing carrying value 229 233
Operating leases 221 225
MD 80 Aircraft    
Customer Financing [Line Items]    
Customer financing carrying value 140 142
B-757    
Customer Financing [Line Items]    
Customer financing carrying value 121 126
B747-400    
Customer Financing [Line Items]    
Customer financing carrying value 48 50
Operating leases $ 0 $ 1
v3.22.1
Investments (Schedule Of Investments) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Investments [Abstract]      
Equity Method Investments [1] $ 947   $ 930
Time deposits 4,331   7,676
Available for sale debt instruments 497   464
Equity and other investments 45   45
Restricted Cash and Cash Equivalents 45 [2] $ 87 52 [2]
Total 5,865   $ 9,167
Dividends received $ 27 $ 5  
[1] Dividends received were $27 and $5 during the three months ended March 31, 2022 and 2021.
[2] Reflects amounts restricted in support of our property sales, workers’ compensation programs, and insurance premiums.Allowance for losses on available for sale debt instruments are assessed quarterly. All instruments are considered investment grade and, as such, we have not recognized an allowance for credit losses as of March 31, 2022.
v3.22.1
Commitments and Contingencies (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Sep. 30, 2018
Dec. 31, 2021
Dec. 31, 2020
Commitments And Contingencies [Line Items]          
737 MAX customer concessions and other considerations liability $ 2,400        
Loss Contingency, Range of Possible Loss, Portion Not Accrued 1,094     $ 1,094  
Letters of Credit Outstanding, Amount 3,647     3,634  
Increase/(Decrease) in (Loss)/earnings from operations due to change in accounting estimate (1,130) $ (176)      
Financing Commitment          
Commitments And Contingencies [Line Items]          
Other Commitment 12,761     12,905  
Joint venture          
Commitments And Contingencies [Line Items]          
Other Commitment 244        
Total Contractual Trade-In Commitment | Commercial Aircraft Commitments          
Commitments And Contingencies [Line Items]          
Other Commitment 1,289     612  
Net Amounts Payable to Customers Related to Probable Contractual Trade-In Commitments | Commercial Aircraft Commitments          
Commitments And Contingencies [Line Items]          
Other Commitment 379     283  
Fair Value of Trade In Value of Aircraft | Commercial Aircraft Commitments          
Commitments And Contingencies [Line Items]          
Other Commitment 379     283  
VC-25B          
Commitments And Contingencies [Line Items]          
Contract Value 4,300        
Increase/(Decrease) in (Loss)/earnings from operations due to change in accounting estimate 660        
Cumulative Increase/(Decrease) in Earnings from Operations due to Change in Accounting Estimate 1,146        
T-7A EMD          
Commitments And Contingencies [Line Items]          
Contract Value 860        
Increase/(Decrease) in (Loss)/earnings from operations due to change in accounting estimate 67        
T-7A Production          
Commitments And Contingencies [Line Items]          
Increase/(Decrease) in (Loss)/earnings from operations due to change in accounting estimate 300   $ 400    
Cumulative Increase/(Decrease) in Earnings from Operations due to Change in Accounting Estimate 700        
MQ-25          
Commitments And Contingencies [Line Items]          
Increase/(Decrease) in (Loss)/earnings from operations due to change in accounting estimate 78   $ 291    
KC-46A Tanker          
Commitments And Contingencies [Line Items]          
Contract Value 19,000        
Increase/(Decrease) in (Loss)/earnings from operations due to change in accounting estimate 165        
KC-46A Tanker | Capitalized Precontract Costs          
Commitments And Contingencies [Line Items]          
Loss Contingency, Estimate of Possible Loss 276        
KC-46A Tanker | Potential Termination Liabilities          
Commitments And Contingencies [Line Items]          
Loss Contingency, Estimate of Possible Loss 609        
Lower Customer Delivery Payments          
Commitments And Contingencies [Line Items]          
737 MAX customer concessions and other considerations liability 800        
Cash Payments To Customers          
Commitments And Contingencies [Line Items]          
737 MAX customer concessions and other considerations liability 800        
Customer Concessions          
Commitments And Contingencies [Line Items]          
737 MAX customer concessions and other considerations liability 200        
Contingent On Customer Negotiations          
Commitments And Contingencies [Line Items]          
737 MAX customer concessions and other considerations liability 600        
Contracted Customer Concessions & Other Considerations Liability [Member]          
Commitments And Contingencies [Line Items]          
737 MAX customer concessions and other considerations liability 1,800        
Within Current fiscal Year [Member]          
Commitments And Contingencies [Line Items]          
737 MAX customer concessions and other considerations liability 600        
B-737          
Commitments And Contingencies [Line Items]          
Abnormal Production cost. 188 568      
737 MAX customer concessions and other considerations liability $ 2,419 $ 4,370   $ 2,940 $ 5,537
v3.22.1
Commitments and Contingencies Commitments and Contingencies (Schedule of 737 Max Liability) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Commitments And Contingencies [Line Items]        
737 MAX customer concessions and other considerations liability $ 2,400      
KC-46A Tanker        
Commitments And Contingencies [Line Items]        
Contract Value 19,000      
B-737        
Commitments And Contingencies [Line Items]        
737 MAX customer concessions and other considerations liability 2,419 $ 4,370 $ 2,940 $ 5,537
Payments made to customers (550) (1,172)    
Concessions and other in-kind consideration to customers (5) (25)    
Accrual for 737 MAX customer concessions and other considerations liability $ 34 $ 30    
v3.22.1
Commitments and Contingencies (Environmental) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Environmental [Roll Forward]    
Beginning balance – January 1 $ 605 $ 565
Reductions for payments made, net of recoveries (13)
Changes in estimates 48 15
Ending balance – March 31 $ 653 $ 567
v3.22.1
Commitments and Contingencies (Product Warranties) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Product Warranties [Roll Forward]    
Beginning balance – January 1 $ 1,900 $ 1,527
Additions for current year deliveries 35 17
Reductions for payments made (118) (44)
Changes in estimates 149 234
Ending balance – March 31 $ 1,966 $ 1,734
v3.22.1
Commitments and Contingencies (Financing Commitments) (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Financing Commitment    
Financing Commitments [Line Items]    
April through December 2022 $ 1,759  
2023 3,287  
2024 2,501  
2025 2,148  
2026 1,183  
Thereafter 1,883  
Total 12,761 $ 12,905
Commercial Aircraft Commitments | Total Contractual Trade-In Commitment    
Financing Commitments [Line Items]    
Total $ 1,289 $ 612
v3.22.1
Arrangements With Off-Balance Sheet Risk (Third Party Guarantees) (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Contingent Repurchase Commitments    
Guarantor Obligations [Line Items]    
Maximum Potential Payments $ 548 $ 548
Estimated Proceeds from Collateral or Recourse 548 548
Carrying Amount of Liabilities
Credit Guarantee    
Guarantor Obligations [Line Items]    
Maximum Potential Payments 90 90
Estimated Proceeds from Collateral or Recourse 28
Carrying Amount of Liabilities $ 46 $ 24
v3.22.1
Postretirement Plans (Net Periodic Benefit Cost Tables) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Pension Plan    
Defined Benefit Plan Disclosure [Line Items]    
Service cost $ 1 $ 1
Interest cost 520 498
Expected return on plan assets (947) (966)
Amortization of prior service credits (20) (20)
Recognized net actuarial loss 227 310
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment 1
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) (219) (176)
Other Postretirement Benefits Plan    
Defined Benefit Plan Disclosure [Line Items]    
Service cost 18 22
Interest cost 24 23
Expected return on plan assets (2) (2)
Amortization of prior service credits (9) (9)
Recognized net actuarial loss (28) (17)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) 3 17
Operating Income (Loss) | Pension Plan    
Defined Benefit Plan Disclosure [Line Items]    
Net periodic benefit (income)/cost included in (Loss)/earnings before income taxes (1) (1)
Operating Income (Loss) | Other Postretirement Benefits Plan    
Defined Benefit Plan Disclosure [Line Items]    
Net periodic benefit (income)/cost included in (Loss)/earnings before income taxes (19) (22)
Other Income | Pension Plan    
Defined Benefit Plan Disclosure [Line Items]    
Net periodic benefit (income)/cost included in (Loss)/earnings before income taxes (220) (177)
Other Income | Other Postretirement Benefits Plan    
Defined Benefit Plan Disclosure [Line Items]    
Net periodic benefit (income)/cost included in (Loss)/earnings before income taxes (15) (5)
Operating Income (Loss) Before Taxes | Pension Plan    
Defined Benefit Plan Disclosure [Line Items]    
Net periodic benefit (income)/cost included in (Loss)/earnings before income taxes (219) (176)
Operating Income (Loss) Before Taxes | Other Postretirement Benefits Plan    
Defined Benefit Plan Disclosure [Line Items]    
Net periodic benefit (income)/cost included in (Loss)/earnings before income taxes $ (4) $ (17)
v3.22.1
Share-Based Compensation And Other Compensation Arrangements (Narrative) (Details) - $ / shares
 3 Months Ended
Feb. 16, 2022
Mar. 31, 2022
2022 Stock Options [Member] | Share-based Payment Arrangement, Option    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross 348,769  
Share-based payment award vesting period (in years) 3 years  
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period 10 years  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value $ 83.04  
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term 6 years 9 months 3 days  
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate 36.60%  
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate 2.00%  
Share-based Compensation Arrangement by Share-based Payment Award, Purchase Price of Common Stock, Percent   120.00%
Share-based Compensation Arrangement by Share-based Payment Award, Purchase Price of Common Stock, Percent (reduced)   110.00%
2022 RSUs [Member] | Restricted Stock Units (RSUs)    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Restricted stock units (RSUs) granted to executives 1,804,541  
Restricted stock units (RSUs) granted to executives (fair value per share) $ 217.48  
v3.22.1
Shareholders' Equity (Accumulated other comprehensive income) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]    
Beginning Balance [1] $ (11,659) $ (17,133)
OCI before reclassifications [1] 118 (23)
Amounts reclassified from AOCI [1] 171 204
Net current period Other comprehensive income/(loss) [1] 289 181
Ending Balance [1] (11,370) (16,952)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax 159 228
Amortization of actuarial losses included in net periodic pension cost, tax (40) (65)
Gain (Loss) on Discontinuation of Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring, Net 39  
Loss on Discontinuation of Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring, Tax 11  
Currency Translation Adjustments [Member]    
Accumulated Other Comprehensive Income (Loss) [Line Items]    
Beginning Balance (105) (30)
OCI before reclassifications 24 (36)
Net current period Other comprehensive income/(loss) 24 (36)
Ending Balance (81) (66)
Unrealized Gains and Losses on Certain Investments [Member]    
Accumulated Other Comprehensive Income (Loss) [Line Items]    
Beginning Balance 1 1
Ending Balance 1 1
Unrealized Gains and Losses on Derivative Instruments [Member]    
Accumulated Other Comprehensive Income (Loss) [Line Items]    
Beginning Balance 6 (43)
OCI before reclassifications 94 11
Amounts reclassified from AOCI 35 (2)
Net current period Other comprehensive income/(loss) 129 9
Ending Balance 135 (34)
Defined Benefit Pension Plans and Other Postretirement Benefits [Member]    
Accumulated Other Comprehensive Income (Loss) [Line Items]    
Beginning Balance (11,561) (17,061)
OCI before reclassifications   2
Amounts reclassified from AOCI 136 206
Net current period Other comprehensive income/(loss) 136 208
Ending Balance $ (11,425) $ (16,853)
[1] Net of tax.
v3.22.1
Derivative Financial Instruments (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Derivative [Line Items]    
Loss on Discontinuation of Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring $ (50) $ 0
Cash flow hedge gain/(loss) to be reclassified during the next 12 months, pre-tax (53)  
Fair value of foreign exchange and commodity contracts that have credit-risk-related contingent features that are in a net liability position $ 1  
v3.22.1
Derivative Financial Instruments (Schedule of Derivative Instruments, Notional Amounts and Fair Values) (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Derivative [Line Items]    
Derivative, Notional Amount [1] $ 5,046 $ 4,251
Other Assets 265 128
Accrued Liabilities (106) (80)
Netting Arrangements, Other Assets (46) (30)
Netting Arrangements, Accrued Liabilities 46 30
Net Recorded balance, Other Assets 219 98
Net Recorded balance, Accrued Liabilities (60) (50)
Designated as Hedging Instrument | Foreign Exchange Contract    
Derivative [Line Items]    
Derivative, Notional Amount 2,686 2,630
Other Assets 53 30
Accrued Liabilities (35) (52)
Designated as Hedging Instrument | Commodity Contract    
Derivative [Line Items]    
Derivative, Notional Amount 593 500
Other Assets 190 88
Accrued Liabilities (7) (18)
Not Designated as Hedging Instrument | Foreign Exchange Contract    
Derivative [Line Items]    
Derivative, Notional Amount 708 361
Other Assets 3 2
Accrued Liabilities (52) (3)
Not Designated as Hedging Instrument | Commodity Contract    
Derivative [Line Items]    
Derivative, Notional Amount 1,059 760
Other Assets 19 8
Accrued Liabilities $ (12) $ (7)
[1] Notional amounts represent the gross contract/notional amount of the derivatives outstanding.
v3.22.1
Derivative Financial Instruments (Schedule Of Derivative Instruments, Gains/(Losses)) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Foreign Exchange Contract    
Derivative [Line Items]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax $ (8) $ (19)
Commodity Contract    
Derivative [Line Items]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax $ 102 $ 30
v3.22.1
Derivative Financial Instruments Derivative Financial Instruments (Schedule of Gains/(losses) reclassified from AOCI to Earnings) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Expense    
Derivative [Line Items]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax $ 1 $ (3)
General and Administrative Expense    
Derivative [Line Items]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax 1 2
Operating Expense    
Derivative [Line Items]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax 5  
General and Administrative Expense    
Derivative [Line Items]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax $ (1) $ 3
v3.22.1
Fair Value Measurements Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale debt instruments $ 497 $ 464
Derivatives, Assets 219 98
Derivatives, Liabilities (60) (50)
Fair Value, Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Money market funds 978 1,370
Commercial Paper, at Carrying Value 233 225
Available for sale debt instruments 254 262
Available for Sale Securities, Government Agencies 10 1
Investments, Fair Value Disclosure 20 20
Derivatives, Assets 219 98
Total assets 1,714 1,976
Derivatives, Liabilities (60) (50)
Total liabilities (60) (50)
Fair Value, Recurring | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Money market funds 978 1,370
Investments, Fair Value Disclosure 19 20
Total assets 997 1,390
Fair Value, Recurring | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Commercial Paper, at Carrying Value 233 225
Available for sale debt instruments 254 262
Available for Sale Securities, Government Agencies 10 1
Investments, Fair Value Disclosure 1  
Derivatives, Assets 219 98
Total assets 717 586
Derivatives, Liabilities (60) (50)
Total liabilities $ (60) $ (50)
v3.22.1
Fair Value Measurements Fair Value, Assets Measured on Nonrecurring Basis Using Unobservable Inputs (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Nonrecurring fair value losses $ (72) $ (16)
Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Nonrecurring fair value losses (72) (16)
Level 3 | Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure 45 18
Investments | Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Nonrecurring fair value losses (31) (7)
Customer Financing Assets | Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Nonrecurring fair value losses (2) (9)
Customer Financing Assets | Valuation, Market Approach | Level 3 | Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure 44 $ 18
Property, Plant and Equipment | Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Nonrecurring fair value losses (19)  
Other asset sand Acquired intangible assets Member | Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Nonrecurring fair value losses (20)  
Other asset sand Acquired intangible assets Member | Valuation, Income Approach | Level 3 | Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure $ 1  
v3.22.1
Fair Value Measurements Fair Value, Assets Measured On Nonrecurring Basis, Valuation Techniques (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Mar. 31, 2021
Aircraft Value Publications    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair value of assets and liabilities measured on nonrecurring basis valuation techniques, median $ 39  
Aircraft Value Publications | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range of fair value of assets measured on nonrecurring basis valuation techniques 34  
Aircraft Value Publications | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range of fair value of assets measured on nonrecurring basis valuation techniques 43  
Aircraft Condition Adjustments    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Net fair value of assets measured on nonrecurring basis valuation techniques 5  
Aircraft Condition Adjustments | Minimum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range of fair value of assets measured on nonrecurring basis valuation techniques 0  
Aircraft Condition Adjustments | Maximum    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Range of fair value of assets measured on nonrecurring basis valuation techniques 5  
Level 3 | Fair Value, Nonrecurring    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Assets, Fair Value Disclosure 45 $ 18
Valuation, Market Approach | Level 3 | Fair Value, Nonrecurring | Customer Financing Assets    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Assets, Fair Value Disclosure $ 44 $ 18
v3.22.1
Fair Value Measurements Fair Values And Related Carrying Values of Financial Instruments (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes receivable, net Carrying amount $ 410 $ 412
Notes receivable, Fair value 448 485
Debt, excluding commercial paper and capital lease obligations, Carrying amount (57,559) (57,921)
Debt, excluding commercial airplanes and capital lease obligations, Fair value (59,428) (65,724)
Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes receivable, Fair value 448 485
Debt, excluding commercial airplanes and capital lease obligations, Fair value $ (59,428) $ (65,724)
v3.22.1
Legal Proceedings Legal Proceedings (Narrative) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2019
Mar. 31, 2022
Legal Proceedings [Abstract]    
Legal Settlement, Amount of Future Award   $ 200
Controlling Interest Ownership Percentage After Acquisition 80.00%  
Payments to Acquire Interest in Joint Venture $ 4,200  
v3.22.1
Segment and Revenue Information Segment and Revenue Information (Narrative) (Details)
$ in Millions
 3 Months Ended
Mar. 31, 2022
USD ($)
segments
Segment Reporting Information [Line Items]  
Number of Reportable Segments | segments 4
Revenue, Remaining Performance Obligation, Amount | $ $ 370,835
Within Next Two Fiscal Years  
Segment Reporting Information [Line Items]  
Revenue, Remaining Performance Obligation, Percent Recognized 34.00%
Within Next 5 Fiscal Years  
Segment Reporting Information [Line Items]  
Revenue, Remaining Performance Obligation, Percent Recognized 86.00%
v3.22.1
Segment and Revenue Information Segment and Revenue Information (Schedule of Revenue Disaggregation) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Disaggregation of Revenue [Line Items]    
Revenues $ 13,991 $ 15,217
Commercial Airplanes | Operating Segments    
Disaggregation of Revenue [Line Items]    
Revenues 4,161 4,269
Commercial Airplanes | Operating Segments | External Customers    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax $ 4,148 $ 4,264
Commercial Airplanes | Operating Segments | Fixed-price Contract    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, excluding assessed tax, Percentage 100.00% 100.00%
Commercial Airplanes | Operating Segments | Transferred at Point in Time    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, excluding assessed tax, Percentage 100.00% 100.00%
Commercial Airplanes | Operating Segments | Non-US [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax $ 3,080 $ 1,941
Commercial Airplanes | Operating Segments | Europe    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 1,025 873
Commercial Airplanes | Operating Segments | Latin America and Carribean    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 828 531
Commercial Airplanes | Operating Segments | Asia    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 728 363
Commercial Airplanes | Operating Segments | Middle East    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 318 129
Commercial Airplanes | Operating Segments | Other    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 181 45
Commercial Airplanes | Operating Segments | United States    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 1,102 2,353
Commercial Airplanes | Intersegment Eliminations    
Disaggregation of Revenue [Line Items]    
Revenues 13 5
Defense, Space & Security | Operating Segments    
Disaggregation of Revenue [Line Items]    
Revenues $ 5,483 $ 7,185
Defense, Space & Security | Operating Segments | U S Government Contracts    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, excluding assessed tax, Percentage 89.00% 90.00%
Defense, Space & Security | Operating Segments | Fixed-price Contract    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, excluding assessed tax, Percentage 63.00% 70.00%
Defense, Space & Security | Operating Segments | Transferred over Time    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, excluding assessed tax, Percentage 99.00% 99.00%
Defense, Space & Security | Operating Segments | Non-US [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax $ 1,335 $ 1,665
Defense, Space & Security | Operating Segments | United States    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 4,148 5,520
Global Services | Operating Segments    
Disaggregation of Revenue [Line Items]    
Revenues 4,314 3,749
Global Services | Operating Segments | Commercial Customers    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 2,276 1,625
Global Services | Operating Segments | Government Customers    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 1,968 2,070
Global Services | Operating Segments | External Customers    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax $ 4,244 $ 3,695
Global Services | Operating Segments | U S Government Contracts    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, excluding assessed tax, Percentage 35.00% 43.00%
Global Services | Operating Segments | Fixed-price Contract    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, excluding assessed tax, Percentage 88.00% 87.00%
Global Services | Operating Segments | Transferred at Point in Time    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, excluding assessed tax, Percentage 49.00% 43.00%
Global Services | Intersegment Eliminations    
Disaggregation of Revenue [Line Items]    
Revenues $ 70 $ 54
B-737-Max | Customer Concessions | Commercial Airplanes | Operating Segments    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax $ (34) $ (30)
v3.22.1
Schedule Of Unallocated Items and Eliminations (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Segment Reporting Information [Line Items]    
Share-based plans $ (203) $ (321)
Research and Development Expense (633) (499)
Corporate Reconciling Items And Eliminations    
Segment Reporting Information [Line Items]    
Share-based plans (83) (128)
Deferred compensation 42 (52)
Amortization of previously capitalized interest (23) (22)
Research and Development Expense (52) (42)
Eliminations and other unallocated items (144) (120)
Unallocated items, eliminations and other (260) (364)
FAS/CAS service cost adjustment 283 270
Corporate Reconciling Items And Eliminations | Pension Plans, Defined Benefit    
Segment Reporting Information [Line Items]    
FAS/CAS service cost adjustment 208 193
Corporate Reconciling Items And Eliminations | Other Postretirement Benefit Plan, Defined Benefit    
Segment Reporting Information [Line Items]    
FAS/CAS service cost adjustment $ 75 $ 77
v3.22.1
Reconciliation of Assets from Segment to Consolidated (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Segment Reporting Information [Line Items]    
Assets $ 135,801 $ 138,552
Operating Segments | Commercial Airplanes    
Segment Reporting Information [Line Items]    
Assets 76,784 75,863
Operating Segments | Defense, Space & Security    
Segment Reporting Information [Line Items]    
Assets 14,952 14,974
Operating Segments | Global Services    
Segment Reporting Information [Line Items]    
Assets 16,238 16,397
Operating Segments | Boeing Capital    
Segment Reporting Information [Line Items]    
Assets 1,656 1,735
Corporate Reconciling Items And Eliminations    
Segment Reporting Information [Line Items]    
Assets $ 26,171 $ 29,583