10-K/APeriod: FY2016

BOEING CO Annual Report (Amendment), Year Ended Dec 31, 2016

Filed February 10, 2017For Securities:BABA-PA

Summary

This filing represents an amendment to Boeing's 2016 Form 10-K, primarily to include additional information regarding activities and expenditures in Iran and Sudan as required by the Iran Threat Reduction and Syria Human Rights Act of 2012 and Section 13(r) of the Securities Exchange Act. Investors should note that this amendment does not introduce new financial data or operational updates from the original filing, which was submitted on February 8, 2017. The core financial performance and strategic outlook for 2016 remain as presented in the initial report. Key details from the original 10-K (not detailed in this amendment) would cover Boeing's performance across its Commercial Airplanes and Defense, Space & Security segments. Investors looking at this amendment should focus on the additional disclosures related to sanctioned countries, ensuring compliance with regulations, and any potential business conducted within these regions, as these could present regulatory or reputational risks. The amendment confirms that the consolidated financial statements and the overall financial picture remain unchanged.

Financial Highlights

55 data points
Beta

Revenue

$93.50B

15.5% Gross Margin

Net Income

$5.03B

5.4% Net Margin

EPS (Diluted)

$7.83

Total Assets

$90.00B

Cash & Equivalents

$8.80B

Free Cash Flow

$7.88B

Financial Statements
Beta
Revenue$93.50B
Cost of Revenue$79.03B
Gross Profit$14.47B
R&D Expenses$4.63B
Operating Income$6.53B
Net Income$5.03B
EPS (Basic)$7.92
EPS (Diluted)$7.83
Shares Outstanding (Basic)636.50M
Shares Outstanding (Diluted)642.80M

Key Highlights

  • 1Amendment focuses on disclosures related to Section 13(r) of the Securities Exchange Act and the Iran Threat Reduction and Syria Human Rights Act of 2012.
  • 2Additional information regarding business activities and expenditures in Iran and Sudan has been filed as Exhibit 99.2.
  • 3This amendment does not alter the financial statements or the overall financial results reported in the original Form 10-K.
  • 4New certifications under Section 31(i) and 31(ii) have been included.
  • 5Item 15 has been updated to reflect the inclusion of Exhibit 99.2.
  • 6The filing date of this amendment is February 9, 2017, but it speaks as of the original filing date of February 8, 2017.

Frequently Asked Questions

This amended filing (10-K/A) is primarily to comply with regulatory requirements by including additional disclosures concerning Boeing's business activities and expenditures in Iran and Sudan, as mandated by U.S. law. No other financial or operational aspects of the original 10-K are changed by this amendment.

No, this amendment explicitly states that it does not make any changes to the consolidated financial statements or the financial performance reported in the original Form 10-K filed on February 8, 2017. The core financial data remains the same.

Exhibit 99.2 contains information previously provided pursuant to Section 219 of the Iran Threat Reduction and Syria Human Rights Act of 2012 and Section 13(r) of the Securities Exchange Act of 1934, as amended. This typically relates to specific business activities, transactions, or expenditures involving Iran or Sudan.

Investors should review the disclosures in Exhibit 99.2 to understand the nature and extent of Boeing's activities in these regions. Such activities can carry regulatory, compliance, and geopolitical risks. However, the amendment itself does not indicate any new or escalated issues beyond what is being disclosed to meet reporting requirements.