01—Abstract
Summary
Summary of the 10-K filed February 15, 2008. Cited figures are marked; the original filing is the authoritative source.
Boeing's 2007 Form 10-K, filed in early 2008, provides a comprehensive overview of its business operations, financial condition, and risk factors as of December 31, 2007.
The report highlights the company's two primary business segments: Commercial Airplanes and Integrated Defense Systems. Investors should note the significant backlog of commercial aircraft orders, which provides a degree of revenue visibility, alongside the inherent risks associated with large-scale aerospace manufacturing, including production delays, cost overruns, and competitive pressures. The financial discussion emphasizes the company's performance in 2007, though specific year-over-year financial figures are not detailed in the provided excerpt.
Attention should be paid to the "Risk Factors" section, which typically outlines potential challenges such as supply chain disruptions, regulatory changes, and geopolitical events impacting defense spending. The filing also incorporates information by reference from the 2007 Annual Report to Shareholders and upcoming proxy statements, suggesting that a more detailed financial and operational picture can be found in those documents.
02—Key points
Key Highlights
- The report covers Boeing's fiscal year ending December 31, 2007.
- Boeing operates through two main segments: Commercial Airplanes and Integrated Defense Systems.
- A significant backlog of commercial airplane orders is a key indicator of future revenue.
- The filing incorporates information by reference from the 2007 Annual Report to Shareholders.
- "Risk Factors" section outlines potential challenges and uncertainties for the business.
- The report is structured to comply with SEC regulations for a Form 10-K annual filing.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in FY2007, Boeing Co kept $0.06.
- Revenue$66.39B100.0%
- Cost of revenue−$53.40B80.4%
- Gross profit$12.98B19.6%
- Operating costs−$7.16B10.8%
- Operating income$5.83B8.8%
- Interest, other & tax−$1.76B2.6%
- Net income$4.07B6.1%
Where FY2007 revenue went
$66.39B- Cost of revenue: $53.40B, 80% of revenue
- Net income: $4.07B, 6.1% of revenue
- R&D: $3.85B, 5.8% of revenue
- Other operating costs: $3.31B, 5.0% of revenue
- Interest, other & tax: $1.76B, 2.6% of revenue
Kept 6.1% as net incomeNet income $4.07B · 6.1%
Full revenue history →04—Financials
Financial Highlights
Figures from 10-KFY2007filed February 15, 200805—Questions
Frequently Asked Questions
What were Boeing's primary business segments in 2007?
Boeing's primary business segments in 2007 were Commercial Airplanes and Integrated Defense Systems.
Where can I find more detailed financial information for 2007?
More detailed financial information for 2007 is incorporated by reference into this 10-K filing from Boeing's 2007 Annual Report to Shareholders and will also be found in their definitive proxy statement.
What are the key risks mentioned in the filing for Boeing?
While specific risks are not detailed in the provided excerpt, the "Risk Factors" section of the 10-K typically addresses potential challenges such as production issues, supply chain dependencies, regulatory environments, and geopolitical factors affecting the aerospace and defense industries.
Does this filing discuss future orders or delivery schedules?
The filing mentions a significant backlog of commercial airplane orders, which is a key indicator of future revenue. However, specific future order details and delivery schedules would typically be elaborated upon in the Management's Discussion and Analysis (MD&A) section or the exhibits, which are not fully provided here.
06—Continue