Boeing 2006 Annual Report Download - page 3

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11
RIncreased revenue 15 percent to a
record $61.5 billion; net income declined
14 percent due in part to charges related
to ending the Connexion by Boeing in-
flight Internet service and our settlement
with the U.S. Department of Justice.
RIncreased total backlog by 22 percent
to a record $250 billion.
RIncreased dividend by 17 percent.
RGenerated a record $7.5 billion of
operating cash flow, allowing us to
fully fund our pension plans, buy back
approximately $2.0 billion in stock and
invest in new products and services.
RContinued strong stock performance,
outperforming the major indices and
delivering the fourth consecutive year
of 25 percent or greater total share-
holder return.
RCaptured a Boeing record 1,044 net
(1,050 gross) commercial airplane
orders, the second consecutive year we
set a record.
RAchieved significant Commercial
Airplanes milestones, including virtual
rollout of the 787 DreamlinerTM, first order
for the 747-8 passenger variant, delivery
of the 600th 777 and delivery of the
5,000th 737.
RAchieved major Integrated Defense
Systems milestones including winning
the technology development program of
the U.S. Secure Border Initiative, signifi-
cant new orders on our Apache and
Chinook programs, and the Republic of
Korea Airborne Early Warning & Control
program; and delivering Australia’s first
C-17 and the U.S. Navy’s first EA-18G.
RContinued strategic acquisitions to
grow our commercial and military serv-
ices businesses, including the purchases
of Aviall, Inc., and Carmen Systems.
2006 Financial Highlights U.S. dollars in millions except per share data 2006 2005 2004 2003 2002
Contractual backlog 216,567 160,637 104,778 104,855 104,173
Operating margins 4.9% 5.2% 3.9% 0.8% 6.5%
Earnings per share* 2.84 3.19 2.24 0.85 2.84
Net earnings 2,215 2,572 1,872 718 492
Revenues 61,530 53,621 51,400 49,311 52,720
Operational Highlights