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Segment and Revenue Information (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Segment Reporting [Abstract]    
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area   Revenues, including foreign military sales, are reported by customer location and consisted of the following:
 
Years ended December 31,
  
2023
     2022      2021  
Europe
  
$
10,520
     $ 7,916    $ 8,967
Asia
  
 
10,013
       8,393      5,845
Middle East
  
 
6,594
       5,047      4,653
Oceania
  
 
1,655
       1,576      1,147
Canada
  
 
1,256
       1,612      969
Africa
  
 
825
       418      239
Latin America, Caribbean and other
  
 
1,524
       2,412      1,376
  
 
 
    
 
 
    
 
 
 
Total
non-U.S.
revenues
  
 
32,387
       27,374      23,196
United States
  
 
45,380
       39,218      39,076
Estimated potential concessions and other considerations to 737 MAX customers
  
 
27
       16      14
  
 
 
    
 
 
    
 
 
 
Total revenues
  
$
77,794
     $ 66,608    $ 62,286
  
 
 
    
 
 
    
 
 
 
Schedule of Disaggregation of Revenue
BCA revenues by customer location consisted of the following:
 
(Dollars in millions)
  
Six months ended
June 30
   
Three months ended
June 30
 
    
2024
    2023    
2024
    2023  
Revenue from contracts with customers:
        
Europe
  
$
1,547
 
  $ 3,393    
$
777
 
  $ 2,038  
Asia
  
 
4,393
 
    2,355    
 
2,280
 
    1,549  
Middle East
  
 
1,174
 
    1,466    
 
406
 
    750  
Other
non-U.S.
  
 
754
 
    1,082    
 
344
 
    729  
  
 
 
   
 
 
   
 
 
   
 
 
 
Total
non-U.S.
revenues
  
 
7,868
 
    8,296    
 
3,807
 
    5,066  
United States
  
 
3,158
 
    7,175    
 
2,173
 
    3,740  
Estimated potential concessions and other considerations to 737 MAX customers, net of insurance recoveries
  
 
(443
    26         26  
  
 
 
   
 
 
   
 
 
   
 
 
 
Total revenues from contracts with customers
  
 
10,583
 
    15,497    
 
5,980
 
    8,832  
Intersegment revenues eliminated on consolidation
  
 
73
 
    47    
 
23
 
    8  
  
 
 
   
 
 
   
 
 
   
 
 
 
Total segment revenues
  
$
10,656
 
  $ 15,544    
$
6,003
 
  $ 8,840  
  
 
 
   
 
 
   
 
 
   
 
 
 
Revenue recognized on fixed-price contracts
  
 
100
    100  
 
100
    100
Revenue recognized at a point in time
  
 
99
    99  
 
99
    99
  
 
 
   
 
 
   
 
 
   
 
 
 
 
BDS revenues on contracts with customers, based on the customer’s location, consisted of the following:
 
(Dollars in millions)
  
Six months ended
June 30
   
Three months ended
June 30
 
    
2024
    2023    
2024
    2023  
Revenue from contracts with customers:
        
U.S. customers
  
$
9,963
 
  $ 10,338    
$
4,519
 
  $ 5,028  
Non-U.S.
customers(1)
  
 
3,008
 
    2,368    
 
1,502
 
    1,139  
  
 
 
   
 
 
   
 
 
   
 
 
 
Total segment revenue from contracts with customers
  
$
12,971
 
  $ 12,706    
$
6,021
 
  $ 6,167  
  
 
 
   
 
 
   
 
 
   
 
 
 
Revenue recognized over time
  
 
99
    99  
 
99
    99
Revenue recognized on fixed-price contracts
  
 
55
    59  
 
52
    57
Revenue from the U.S. government
(1)
  
 
90
    90  
 
89
    90
  
 
 
   
 
 
   
 
 
   
 
 
 
 
(1)
Includes revenues earned from foreign military sales through the U.S. government.
BGS revenues consisted of the following:
 
(Dollars in millions)
  
Six months ended
June 30
   
Three months ended
June 30
 
    
2024
    2023    
2024
    2023  
Revenue from contracts with customers:
        
Commercial
  
$
5,900
 
  $ 5,419    
$
2,900
 
  $ 2,703  
Government
  
 
3,829
 
    3,874    
 
1,895
 
    1,948  
  
 
 
   
 
 
   
 
 
   
 
 
 
Total revenues from contracts with customers
  
 
9,729
 
    9,293    
 
4,795
 
    4,651  
Intersegment revenues eliminated on consolidation
  
 
205
 
    173    
 
94
 
    95  
Total segment revenues
  
$
9,934
 
  $ 9,466    
$
4,889
 
  $ 4,746  
  
 
 
   
 
 
   
 
 
   
 
 
 
Revenue recognized at a point in time
  
 
53
    51  
 
53
    51
Revenue recognized on fixed-price contracts
  
 
87
    87  
 
87
    87
Revenue from the U.S. government(1)
  
 
28
    31  
 
27
    31
  
 
 
   
 
 
   
 
 
   
 
 
 
 
(1)
Includes revenues earned from foreign military sales through the U.S. government.
BCA revenues by customer location consisted of the following:
 
Years ended December 31,
  
2023
    2022     2021  
Revenue from contracts with customers:
      
Asia
  
$
6,328
    $ 4,488   $ 2,816
Europe
  
 
6,172
      4,085     4,387
Middle East
  
 
4,311
      2,003     1,098
Other
non-U.S.
  
 
2,431
      3,042     1,683
  
 
 
   
 
 
   
 
 
 
Total
non-U.S.
revenues
  
 
19,242
      13,618     9,984
United States
  
 
14,501
      12,275     9,614
Estimated potential concessions and other considerations to 737 MAX customers
  
 
27
      16     14
  
 
 
   
 
 
   
 
 
 
Total revenues from contracts with customers
  
 
33,770
      25,909     19,612
Intersegment revenues, eliminated on consolidation
  
 
131
      117     102
  
 
 
   
 
 
   
 
 
 
Total segment revenues
  
$
33,901
    $ 26,026   $ 19,714
  
 
 
   
 
 
   
 
 
 
Revenue recognized on fixed-price contracts
  
 
100
    100     100
Revenue recognized at a point in time
  
 
99
    99     99
  
 
 
   
 
 
   
 
 
 
BDS revenues on contracts with customers, based on the customer’s location, consisted of the following:
 
Years ended December 31,
  
2023
    2022     2021  
Revenue from contracts with customers:
      
U.S. customers
  
$
20,051
    $ 17,144   $ 19,869
Non-U.S.
customers(1)
  
 
4,882
      6,018     6,671
  
 
 
   
 
 
   
 
 
 
Total segment revenue from contracts with customers
  
$
24,933
    $ 23,162   $ 26,540
  
 
 
   
 
 
   
 
 
 
Revenue recognized over time
  
 
99
    99     99
Revenue recognized on fixed-price contracts
  
 
58
    60     68
Revenue from the U.S. government(1)
  
 
91
    89     89
  
 
 
   
 
 
   
 
 
 
 
(1)
Includes revenues earned from foreign military sales through the U.S. government.
BGS revenues consisted of the following:
 
Years ended December 31,
  
2023
    2022     2021  
Revenue from contracts with customers:
      
Commercial
  
$
11,020
    $ 9,560   $ 7,527
Government
  
 
7,751
      7,681     8,553
  
 
 
   
 
 
   
 
 
 
Total revenues from contracts with customers
  
 
18,771
      17,241     16,080
Intersegment revenues eliminated on consolidation
  
 
356
      370     248
  
 
 
   
 
 
   
 
 
 
Total segment revenues
  
$
19,127
    $ 17,611   $ 16,328
  
 
 
   
 
 
   
 
 
 
Revenue recognized at a point in time
  
 
51
    50     45
Revenue recognized on fixed-price contracts
  
 
87
    88     86
Revenue from the U.S. government(1)
  
 
30
    33     40
  
 
 
   
 
 
   
 
 
 
 
(1)
Includes revenues earned from foreign military sales through the U.S. government.
Schedule of Segment, Reconciliation of Other Items from Segments to Consolidated Components of Unallocated items, eliminations and other (expense)/income are shown in the following table.
 
    
Six months ended
June 30
    
Three months ended
June 30
 
    
2024
     2023     
2024
     2023  
Share-based plans
  
$
53
 
   ($ 38   
$
43
 
   $ 14  
Deferred compensation
  
 
(49
     (96   
 
(19
     (42
Amortization of previously capitalized interest
  
 
(46
     (47   
 
(23
     (24
Research and development expense, net
  
 
(188
     (149   
 
(99
     (73
Eliminations and other unallocated items
  
 
(716
     (466   
 
(536
     (211
  
 
 
    
 
 
    
 
 
    
 
 
 
Unallocated items, eliminations and other
  
($
946
   ($ 796   
($
634
   ($ 336
  
 
 
    
 
 
    
 
 
    
 
 
 
Components of Unallocated items, eliminations and other (expense)/income are shown in the following table.
 
Years ended December 31,
  
2023
     2022      2021  
Share-based plans
  
$
62
     ($ 114    ($ 174
Deferred compensation
  
 
(188
     117      (126
Amortization of previously capitalized interest
  
 
(95
     (95      (107
Research and development expense, net
  
 
(315
     (278      (184
Eliminations and other unallocated items
  
 
(1,223
     (1,134      (636
  
 
 
    
 
 
    
 
 
 
Unallocated items, eliminations and other
  
($
1,759
   ($ 1,504    ($ 1,227
  
 
 
    
 
 
    
 
 
 
Components of Financial Accounting Standards and Cost Accounting Standards Adjustment Components of FAS/CAS service cost adjustment are shown in the following table:
 
    
Six months ended
June 30
    
Three months ended
June 30
 
    
2024
     2023     
2024
     2023  
Pension FAS/CAS service cost adjustment
  
$
460
 
   $ 445     
$
230
 
   $ 222  
Postretirement FAS/CAS service cost adjustment
  
 
144
 
     137     
 
72
 
     69  
  
 
 
    
 
 
    
 
 
    
 
 
 
FAS/CAS service cost adjustment
  
$
604
 
   $ 582     
$
302
 
   $ 291  
  
 
 
    
 
 
    
 
 
    
 
 
 
These expenses are included in Other income, net. Components of FAS/CAS service cost adjustment are shown in the following table:
 
Years ended December 31,
  
2023
     2022      2021  
Pension FAS/CAS service cost adjustment
  
$
799
     $ 849    $ 882
Postretirement FAS/CAS service cost adjustment
  
 
257
       294      291
  
 
 
    
 
 
    
 
 
 
FAS/CAS service cost adjustment
  
$
1,056
     $ 1,143    $ 1,173
  
 
 
    
 
 
    
 
 
 
Reconciliation of Assets from Segment to Consolidated
Segment assets are summarized in the table below:
 
    
June 30
2024
     December 31
2023
 
Commercial Airplanes
  
$
83,478
 
   $ 77,047  
Defense, Space & Security
  
 
16,239
 
     14,921  
Global Services
  
 
16,473
 
     16,193  
Unallocated items, eliminations and other
  
 
26,530
 
     28,851  
  
 
 
    
 
 
 
Total
  
$
142,720
 
   $ 137,012  
  
 
 
    
 
 
 
Segment assets are summarized in the table below.
 
December 31,
  
2023
     2022  
Commercial Airplanes
  
$
77,047
     $ 76,825
Defense, Space & Security
  
 
14,921
       14,426
Global Services
  
 
16,193
       16,149
Unallocated items, eliminations and other
  
 
28,851
       29,700
  
 
 
    
 
 
 
Total
  
$
137,012
     $ 137,100
  
 
 
    
 
 
 
Schedule of Capital Expenditures by Segment  
Capital Expenditures
 
Years ended December 31,
  
2023
     2022      2021  
Commercial Airplanes
  
$
420
     $ 218    $ 177
Defense, Space & Security
  
 
192
       202      199
Global Services
  
 
127
       130      94
Unallocated items, eliminations and other
  
 
788
       672      510
  
 
 
    
 
 
    
 
 
 
Total
  
$
1,527
     $ 1,222    $ 980
  
 
 
    
 
 
    
 
 
 
Schedule of Depreciation and Amortization Expense by Segment  
Depreciation and Amortization
 
Years ended December 31,
  
2023
     2022      2021  
Commercial Airplanes
  
$
464
     $ 554    $ 594
Defense, Space & Security
  
 
219
       238      233
Global Services
  
 
320
       346      414
Centrally Managed Assets (1)
  
 
858
       841      903
  
 
 
    
 
 
    
 
 
 
Total
  
$
1,861
     $ 1,979    $ 2,144
  
 
 
    
 
 
    
 
 
 
 
(1)
Amounts shown in the table represent depreciation and amortization expense recorded by the individual business segments. Depreciation and amortization for centrally managed assets are included in segment operating earnings based on usage and occupancy. In 2023, $650 was
  included in the primary business segments, of which $311, $264 and $75 was included in BCA, BDS and BGS, respectively. In 2022, $644 was included in the primary business segments, of which $361, $230 and $53 was included in BCA, BDS and BGS, respectively. In 2021, $669 was included in the primary business segments, of which $387, $222 and $60 was included in BCA, BDS and BGS, respectively.