Boeing 2014 Annual Report Download - page 62

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50
The Boeing Company and Subsidiaries
Consolidated Statements of Financial Position
(Dollars in millions, except per share data)
December 31, 2014 2013
Assets
Cash and cash equivalents $11,733 $9,088
Short-term and other investments 1,359 6,170
Accounts receivable, net 7,729 6,546
Current portion of customer financing, net 190 344
Deferred income taxes 18 14
Inventories, net of advances and progress billings 46,756 42,912
Total current assets 67,785 65,074
Customer financing, net 3,371 3,627
Property, plant and equipment, net 11,007 10,224
Goodwill 5,119 5,043
Acquired intangible assets, net 2,869 3,052
Deferred income taxes 6,576 2,939
Investments 1,154 1,204
Other assets, net of accumulated amortization of $479 and $448 1,317 1,500
Total assets $99,198 $92,663
Liabilities and equity
Accounts payable $10,667 $9,498
Accrued liabilities 13,343 14,131
Advances and billings in excess of related costs 23,175 20,027
Deferred income taxes and income taxes payable 8,603 6,267
Short-term debt and current portion of long-term debt 929 1,563
Total current liabilities 56,717 51,486
Accrued retiree health care 6,802 6,528
Accrued pension plan liability, net 17,182 10,474
Non-current income taxes payable 358 156
Other long-term liabilities 1,208 950
Long-term debt 8,141 8,072
Shareholders’ equity:
Common stock, par value $5.00 – 1,200,000,000 shares authorized;
1,012,261,159 shares issued 5,061 5,061
Additional paid-in capital 4,625 4,415
Treasury stock, at cost (23,298) (17,671)
Retained earnings 36,180 32,964
Accumulated other comprehensive loss (13,903) (9,894)
Total shareholders’ equity 8,665 14,875
Noncontrolling interests 125 122
Total equity 8,790 14,997
Total liabilities and equity $99,198 $92,663
See Notes to the Consolidated Financial Statements on pages 53 – 108.