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BOEING CO Quarterly Report for Q3 Ended Sep 30, 2003

Filing Date
Filed October 29, 2003
Period End
September 30, 2003
Securities
BABA-PA
In the record · 2016–202610-K1210-Q328-K155

BA filed 12 annual reports (10-K), 32 quarterly reports (10-Q) and 155 current reports (8-K) between 2016 and 2026.

  1. FY2016 annual report10-K · Feb ’17Feb ’17
  2. Leadership change8-K · May ’19May ’19
  3. Leadership change8-K · Sep ’21Sep ’21
  4. Material agreement8-K · Aug ’25Aug ’25

01—Abstract

Summary

Summary of the 10-Q filed October 29, 2003. Cited figures are marked; the original filing is the authoritative source.

Boeing Co. reported its third-quarter 2003 financial results, showing a net loss of $1.4 billiona, or $1.76 per share, for the period ended September 30, 2003.

This loss was primarily driven by significant charges related to a voluntary separation program, impacting future workforce costs. Despite the net loss, the company's core operational performance and backlog remain points of interest for investors, highlighting potential for future revenue. Looking at the balance sheet, Boeing maintained a solid financial position with total assets of $60.1 billionb and total liabilities of $48.5 billion.

The company also generated positive cash flow from operations, underscoring its ability to fund its ongoing activities. Investors should closely monitor the impact of the separation program on future operating expenses and the company's ability to execute on its substantial order backlog.

02—Key points

Key Highlights

  1. Reported a net loss of $1.4 billion ($1.76 per share) for the third quarter of 2003.
  2. The net loss was significantly influenced by charges related to a voluntary separation program.
  3. Total assets stood at $60.1 billion and total liabilities at $48.5 billion as of September 30, 2003.
  4. Generated positive cash flow from operations.
  5. The company had 800,216,147 shares of common stock issued and outstanding as of October 24, 2003.
  6. Boeing qualifies as an accelerated filer.

03—Questions

Frequently Asked Questions

  1. What was the primary driver of the net loss in the third quarter?

    The primary driver of the net loss was significant charges associated with a voluntary separation program, which impacted anticipated future workforce costs.

  2. What is Boeing's overall financial health like, based on the balance sheet?

    Boeing maintains a solid financial position with total assets of $60.1 billion and total liabilities of $48.5 billion as of September 30, 2003, indicating a substantial asset base relative to its obligations.

  3. Did Boeing generate cash from its core operations?

    Yes, Boeing generated positive cash flow from operations during the quarter, which is a key indicator of its ability to sustain and fund its business activities.

  4. How many shares of Boeing common stock are currently outstanding?

    As of October 24, 2003, there were 800,216,147 shares of common stock issued and outstanding.

04—Continue

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