The Boeing Company Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,235	-11,817	-2,222	-4,935	-4,202
Depreciation & Amortization	1,953	1,836	1,861	1,979	2,144
Loss (Gain) From Sale of Assets	-9,672	-46	-2	-6	-277
Asset Writedown & Restructuring Costs	4	80	-	-	-
Loss (Gain) From Sale of Investments	41	32	46	112	98
Stock-Based Compensation	1,956	2,008	2,205	1,940	2,066
Other Operating Activities	5,550	4,595	-17	283	3,732
Change in Accounts Receivable	-772	-97	193	148	-1,299
Change in Inventory	-1,501	-12,353	-1,681	420	-1,127
Change in Accounts Payable	724	-793	1,672	838	-3,783
Change in Unearned Revenue	-723	4,069	3,365	108	2,505
Change in Income Taxes	115	-567	44	1,347	733
Change in Other Net Operating Assets	1,155	973	496	1,278	-4,006
Operating Cash Flow	1,065	-12,080	5,960	3,512	-3,416
Operating Cash Flow Growth	-	-	69.70%	-	-
Capital Expenditures	-2,942	-2,230	-1,527	-1,222	-980
Sale of Property, Plant & Equipment	117	173	27	35	529
Cash Acquisitions	-1,248	-50	-70	-	-6
Divestitures	10,550	-	-	-	-
Sale (Purchase) of Intangibles	-9	-88	-	-	-
Investment in Securities	-5,310	-9,113	-709	5,568	9,776
Other Investing Activities	-659	-665	-158	-11	5
Investing Cash Flow	499	-11,973	-2,437	4,370	9,324
Long-Term Debt Issued	165	10,161	75	34	9,795
Long-Term Debt Repaid	-3,621	-8,673	-5,216	-1,310	-15,371
Net Debt Issued (Repaid)	-3,456	1,488	-5,141	-1,276	-5,576
Issuance of Common Stock	-	18,200	45	50	42
Repurchase of Common Stock	-34	-83	-408	-40	-66
Preferred Dividends Paid	-331	-	-	-	-
Dividends Paid	-331	-	-	-	-
Other Financing Activities	58	-53	17	-	-
Financing Cash Flow	-3,763	25,209	-5,487	-1,266	-5,600
Foreign Exchange Rate Adjustments	40	-47	30	-73	-39
Net Cash Flow	-2,159	1,109	-1,934	6,543	269
Free Cash Flow	-1,877	-14,310	4,433	2,290	-4,396
Free Cash Flow Growth	-	-	93.58%	-	-
Free Cash Flow Margin	-2.10%	-21.51%	5.70%	3.44%	-7.06%
Free Cash Flow Per Share	-2.46	-22.12	7.32	3.85	-7.48
Cash Interest Paid	2,630	2,440	2,408	2,572	2,583
Cash Income Tax Paid	275	187	204	-1,317	-1,480
Levered Free Cash Flow	1,762	-9,693	6,242	4,583	-584.88
Unlevered Free Cash Flow	3,494	-7,990	7,779	6,183	1,111
Change in Working Capital	-1,002	-8,768	4,089	4,139	-6,977

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.