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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Components of Earnings Before Income Taxes Between Domestic and Foreign Jurisdictions

The components of Loss before income taxes were:

Years ended December 31,		2023				2022				2021
U.S.		($	2,512	)		($	5,457	)		($	5,475	)
Non-U.S.			507				435				442
Total		($	2,005	)		($	5,022	)		($	5,033	)

Schedule of Income Tax Expense/(Benefit)

Income tax (expense)/benefit consisted of the following:

Years ended December 31,		2023				2022				2021
Current tax (benefit)/expense
U.S. federal		$	9			($	58	)		($	89	)
Non-U.S.			179				142				147
U.S. state			19				(42	)			42
Total current			207				42				100
Deferred tax (benefit)/expense
U.S. federal			6				(62	)			(855	)
Non-U.S.			5				(3	)			(12	)
U.S. state			19				54				24
Total deferred			30				(11	)			(843	)
Total income tax expense/(benefit)		$	237			$	31			($	743	)

Schedule of Effective Income Tax Rate Reconciliation

The following is a reconciliation of the U.S. federal statutory tax to actual income tax (benefit)/expense:

Years ended December 31,		2023								2022								2021
		Amount				Rate				Amount				Rate				Amount				Rate
U.S. federal statutory tax		($	421	)			21.0	%		($	1,054	)			21.0	%		($	1,057	)			21.0	%
Valuation allowance			1,150				(57.3	)			1,199				(23.9	)			512				(10.2	)
Research and development credits			(472	)			23.6				(204	)			4.1				(189	)			3.8
State income tax provision, net of effects on U.S. federal tax			(75	)			3.7				(90	)			1.8				(94	)			1.9
Tax on non-U.S. activities			35				(1.8	)			64				(1.3	)			47				(0.9	)
Impact of subsidiary shares purchased from noncontrolling interests			(29	)			1.5
Other provision adjustments			49				(2.5	)			116				(2.3	)			38				(0.9	)
Income tax expense/(benefit)		$	237				(11.8	)%		$	31				(0.6	)%		($	743	)			14.7	%

Significant Components of Deferred Tax Assets Net of Deferred Tax Liabilities

Significant components of our deferred tax assets/(liabilities) at December 31 were as follows:

		2023				2022
Inventory and long-term contract methods of income recognition		($	5,115	)		($	4,369	)
Research expenditures			2,873				1,464
Federal net operating loss, credit, interest and other carryovers(1)			2,551				2,082
Fixed assets, intangibles and goodwill			(1,566	)			(1,641	)
Pension benefits			1,178				1,146
Other employee benefits			1,162				1,095
State net operating loss, credit, interest and other carryovers(2)			1,137				1,021
Accrued expenses and reserves			956				933
Other postretirement benefit obligations			590				660
737 MAX customer concessions and other considerations			310				425
Other			304				179
Gross deferred tax assets/(liabilities) before valuation allowance		$	4,380			$	2,995
Valuation allowance			(4,550	)			(3,162	)
Net deferred tax assets/(liabilities) after valuation allowance		($	170	)		($	167	)

(1) Of the deferred tax asset for federal net operating loss, credit, interest and other carryovers, $1,224 expires on or before December 31, 2043 and $1,327 may be carried over indefinitely.

(2) Of the deferred tax asset for state net operating loss, credit, interest and other carryovers, $575 expires on or before December 31, 2043 and $562 may be carried over indefinitely.

Net Deferred Tax Assets and Liabilities

Net deferred tax assets/(liabilities) at December 31 were as follows:

		2023				2022
Deferred tax assets		$	14,743			$	12,301
Deferred tax liabilities			(10,363	)			(9,306	)
Valuation allowance			(4,550	)			(3,162	)
Net deferred tax assets/(liabilities)		($	170	)		($	167	)

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

		2023				2022				2021
Unrecognized tax benefits – January 1		$	915			$	858			$	966
Gross increases – tax positions in prior periods			38				17				64
Gross decreases – tax positions in prior periods			(3	)			(51	)			(245	)
Gross increases – current period tax positions			181				91				73
Gross decreases – current period tax positions
Unrecognized tax benefits – December 31		$	1,131			$	915			$	858

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