XML 72 R14.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Goodwill and Acquired Intangibles | 12 Months Ended
--- | ---
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Acquired Intangibles | Note 2 – Goodwill and Acquired Intangibles Changes in the carrying amount of goodwill for the years ended December 31, 2023 and 2022 were as follows:
|  | Commercial Airplanes |  |  | Defense, Space & Security |  |  | Global Services |  |  | Other |  |  | Total |
Balance at December 31, 2021 |  | $ | 1,316 |  |  | $ | 3,224 |  |  | $ | 3,443 |  |  | $ | 85 |  |  | $ | 8,068 |
Goodwill adjustments |  |  |  |  |  |  |  |  |  |  | (11 | ) |  |  |  |  |  |  | (11 | )
Balance at December 31, 2022 |  | $ | 1,316 |  |  | $ | 3,224 |  |  | $ | 3,432 |  |  | $ | 85 |  |  | $ | 8,057 |
Acquisitions |  |  | 3 |  |  |  | 11 |  |  |  | 16 |  |  |  |  |  |  |  | 30 |
Goodwill adjustments |  |  |  |  |  |  |  |  |  |  | 6 |  |  |  |  |  |  |  | 6 |
Balance at December 31, 2023 |  | $ | 1,319 |  |  | $ | 3,235 |  |  | $ | 3,454 |  |  | $ | 85 |  |  | $ | 8,093 |
As of December 31, 2023 and 2022, we had indefinite-lived intangible assets with carrying amounts of $197 relating to trade names. As of December 31, 2023 and 2022, we had an indefinite-lived intangible asset with a carrying amount of $202 related to in process research and development for a next-generation air vehicle. The gross carrying amounts and accumulated amortization of our acquired finite-lived intangible assets were as follows at December 31:
|  | 2023 |  |  | 2022 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |
Distribution rights |  | $ | 2,545 |  |  | $ | 1,566 |  |  | $ | 2,546 |  |  | $ | 1,443 |
Product know-how |  |  | 552 |  |  |  | 465 |  |  |  | 552 |  |  |  | 441 |
Customer base |  |  | 1,358 |  |  |  | 837 |  |  |  | 1,356 |  |  |  | 777 |
Developed technology |  |  | 638 |  |  |  | 569 |  |  |  | 621 |  |  |  | 545 |
Other |  |  | 280 |  |  |  | 241 |  |  |  | 276 |  |  |  | 233 |
Total |  | $ | 5,373 |  |  | $ | 3,678 |  |  | $ | 5,351 |  |  | $ | 3,439 |
Amortization expense for acquired finite-lived intangible assets for the years ended December 31, 2023 and 2022 was $235 and $241. Estimated amortization expense for the five succeeding years is as follows:
|  | 2024 |  |  | 2025 |  |  | 2026 |  |  | 2027 |  |  | 2028 |
Estimated amortization expense |  | $ | 224 |  |  | $ | 199 |  |  | $ | 194 |  |  | $ | 174 |  |  | $ | 147 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration