Boeing 2011 Annual Report Download - page 78

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date are included in the Network & Space Systems (N&SS) segment. Goodwill has been recorded in
N&SS, Global Services & Support (GS&S) and Boeing Military Aircraft (BMA) segments.
The final allocation of the purchase price is as follows:
Accounts receivable $ 66
Inventory 47
Property, plant and equipment 32
Goodwill 549
Finite-lived intangible assets(1) 216
Other assets 1
Accounts payable (14)
Accrued liabilities (69)
Advances and billings in excess of related costs (8)
Deferred income taxes (38)
Total net assets acquired 782
(1) Finite-lived intangible assets have a weighted average amortization period of 13 years and include
$133 of Developed technology and $69 of Customer base.
Vought Aircraft Industries Inc.
On July 30, 2009, we acquired the business, assets and operations of Vought Aircraft Industries, Inc.’s
(Vought) 787 business conducted at North Charleston, South Carolina. In connection with the
acquisition, we paid cash consideration of $590 and released Vought from its obligation to repay
amounts of $416 previously advanced by us. Vought’s 787 business produces aft fuselage sections,
including the fabrication, assembly and systems installation, for the 787 program. The acquisition of
Vought strengthens our 787 program and bolsters our capability to develop and produce large
composite structures. The results of operations from the acquisition date are included in our
Commercial Airplanes segment.
The final allocation of the purchase price is as follows:
Inventory $ 241
Property, plant and equipment 170
Goodwill 606
Finite-lived intangible assets(1) 49
Accounts payable (24)
Accrued liabilities (31)
Other long-term liabilities (5)
Total net assets acquired $1,006
(1) The weighted average amortization period for finite-lived intangible assets is 17 years.
66