AI English summary of an SEC filing — figures as filed
Boeing BABoeing said net cash used by operating activities in 2024 was $12.1 billion outflow, compared with $6.0 billion inflow in 2023, and cited slowed and paused production and lower deliveries in its commercial airplanes business as factors.
Key points
AI summaryBoeing said net cash used by operating activities in 2024 was $12.1 billion outflow, compared with $6.0 billion inflow in 2023, and cited slowed and paused production and lower deliveries in its commercial airplanes business as factors.
The company said net loss in 2024 was $11.8 billion, compared with $2.2 billion in 2023, and cited 777X and 767 reach-forward losses of $4.1 billion recorded in 2024 as the primary driver of the change in non-cash items.
Boeing said net cash provided by financing activities in 2024 was $25.2 billion, driven primarily by net proceeds of $18.2 billion and $5.7 billion from the issuance of common stock and Mandatory convertible preferred stock in Q4 and the issuance of $10.0 billion of fixed-rate senior notes in Q2.
The company said it held $13.8 billion of cash, $12.5 billion of short-term investments and $10.0 billion of unused borrowing capacity as of December 31, 2024. Moody's affirmed the Baa3/P-3 investment grade credit rating with negative outlook in January 2025.
Key figures
Fiscal year ended December 31, 2024
- Revenue
- $66.5B
- Operating income
- −$10.7B
- Net income
- −$11.8B
- EPS
- −$18.36
- Gross profit
- −$2.0B
- Operating cash flow
- −$12.1B
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
2024 Operating Activities Net Cash Outflow of $12.1 billion
Boeing said net cash used by operating activities in 2024 was $12.1 billion outflow, compared with $6.0 billion inflow in 2023, and cited slowed and paused production and lower deliveries in its commercial airplanes business as factors.
Source · Based on the MD&A text of the filing
2024 Net Loss and 777X and 767 Reach-Forward Losses
The company said net loss in 2024 was $11.8 billion, compared with $2.2 billion in 2023, and cited 777X and 767 reach-forward losses of $4.1 billion recorded in 2024 as the primary driver of the change in non-cash items.
Source · Based on the MD&A text of the filing
2024 Financing Activities Net Cash Inflow of $25.2 billion
Boeing said net cash provided by financing activities in 2024 was $25.2 billion, driven primarily by net proceeds of $18.2 billion and $5.7 billion from the issuance of common stock and Mandatory convertible preferred stock in Q4 and the issuance of $10.0 billion of fixed-rate senior notes in Q2.
Source · Based on the MD&A text of the filing
Liquidity and Moody's Credit Rating as of December 31, 2024
The company said it held $13.8 billion of cash, $12.5 billion of short-term investments and $10.0 billion of unused borrowing capacity as of December 31, 2024. Moody's affirmed the Baa3/P-3 investment grade credit rating with negative outlook in January 2025.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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