| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | acquisition_addition | completed | 2025-12-08 | 2025-12-08 | Commercial Airplanes; Defense, Space & Security | USD 8,389 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Boeing completed acquisition of Spirit AeroSystems Holdings on December 8, 2025; total consideration $8,389 million. No employee headcount added through the acquisition was disclosed. | |||
| 2026-06-30 | divestiture_reduction | completed | 2025-10-31 | Global Services (Digital Aviation Solutions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Divestiture of portions of the Boeing Digital Aviation Solutions business reduced BGS revenues ($632 million YTD absence) and earnings ($145 million YTD absence); no employee headcount removed was disclosed. | |||||
| 2026-06-30 | other | in_progress | 2026-10-06 | United States | Engineering and technical workforce | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Two contracts with the Society of Professional Engineering Employees in Aerospace expire October 6, 2026; negotiations underway targeting new agreements in Q3 2026. Work stoppage risk noted. No headcount figures disclosed. | ||||
| 2026-06-30 | other | in_progress | 2026-10-06 | United States | Engineering (Society of Professional Engineering Employees in Aerospace bargaining units) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two collective bargaining contracts with SPEEA expire 2026-10-06; negotiations underway with target of new agreements in Q3 2026. Filer warns of possible work stoppages or higher costs if agreements are not ratified. No affected-employee count disclosed. | ||||
| 2026-06-30 | other | in_progress | United States | Company-wide (supplier workforces also affected) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer discloses ongoing labor instability and inflationary/supply-chain pressures at itself and suppliers that have reduced productivity; no quantified headcount action stated. | |||||
| 2026-03-31 | acquisition_addition | completed | 2025-12-08 | 2025-12-08 | United States | Commercial Airplanes; Defense, Space & Security | USD 8,389 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Boeing completed acquisition of Spirit AeroSystems Holdings on December 8, 2025; total consideration $8,389 million. No employee headcount added through the acquisition was disclosed in the filing. | ||
| 2026-03-31 | other | announced | 2026-10-31 | United States | Engineering workforce (SPEEA) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | MD&A notes two collective bargaining agreements with the Society of Professional Engineering Employees in Aerospace expiring October 2026; failure to negotiate successor agreements could result in work stoppages. No headcount or charge quantified. | ||||
| 2025-12-31 | other | completed | 3,200 | 2025-08-04 | 2025-11-13 | United States — St. Louis, Missouri area | Defense, Space & Security — F/A-18, F-15, T-7A, MQ-25 and Weapons programs | MD&A f5-10k / GLM-5.3-flash-HTML | IAM District 837 work stoppage lasting 101 days; new contract ratified on 2025-11-13 ending the strike. Employee count disclosed as approximately 3,200. | ||
| 2025-12-31 | reduction_in_force | completed | 2024 | 2025-06 | USD 295 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Announced in Q4 2024 to reduce overall workforce via involuntary terminations expected by H1 2025; $295M severance recorded in 2024. Remaining liability $287M at 2024 year-end and $0 at 2025 year-end, indicating completion during fiscal 2025. Headcount not disclosed. | ||||
| 2025-12-31 | acquisition_addition | completed | 15,000 | 2025-12-08 | 2025-12-08 | United States and international, including Belfast, Ireland | Commercial Airplanes (737/P-8/KC-46 fuselages; 767/777/787 structures) plus Spirit defense and aftermarket businesses | MD&A f5-10k / GLM-5.3-flash-HTML | Spirit AeroSystems Holdings acquisition completed 2025-12-08; approximately 15,000 Spirit employees joined. Merger Agreement dated 2024-06-30. Consideration included ~$4.7B in Boeing shares plus debt settlement/assumption. | ||
| 2025-12-31 | divestiture_reduction | completed | 2025-10-31 | 2025-10-31 | Global Services — Digital Aviation Solutions (Jeppesen, ForeFlight, AerData, OzRunways) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Portions of BGS Digital Aviation Solutions sold to Thoma Bravo for $10.55 billion cash on 2025-10-31; gain of $9,566M recorded. Employees transferred not disclosed. | ||||
| 2025-12-31 | divestiture_reduction | announced | 2025-04-22 | other f5-10k / GLM-5.3-flash-HTML | Membership Interest Purchase Agreement with JNPR Aero, LLC and Project Maroon, LLC dated 2025-04-22, amended 2025-07-10. Referenced only via supplemental retirement plan amendment (effective 2025-10-31): employees leaving in connection with the sale are not treated as separated until termination from the buyer. Headcount, business unit and completion status not disclosed in the filing body. | ||||||
| 2025-12-31 | acquisition_addition | completed | 15,000 | 2024-06-30 | 2025-12-08 | United States | Commercial Airplanes (aerostructures) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spirit AeroSystems acquired 2025-12-08; Spirit employed approximately 15,000 people, including Belfast, Ireland operations. Total consideration $8,371 million (purchase price, not a workforce charge). | ||
| 2025-12-31 | divestiture_reduction | completed | 2025-10-31 | Global Services | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of portions of the Digital Aviation Solutions business (Jeppesen, ForeFlight, AerData, OzRunways) for $10,550 million; headcount removed not disclosed. | |||||
| 2025-12-31 | other | completed | 3,200 | 2025-08-04 | 2025-11-13 | Greater St. Louis, Missouri | Defense, Space & Security | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | IAM District 837 work stoppage of 101 days disrupting F/A-18, F-15, T-7A, MQ-25 and Weapons programs; ended with contract ratification on 2025-11-13. | ||
| 2025-12-31 | restructuring | completed | 2025-06-30 | United States | Company-wide | USD 295 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Overall workforce reduction announced in Q4 2024 (exact announcement date not stated in this filing); involuntary terminations expected by first half of 2025. Severance charge of $295 million was recorded in FY2024; remaining liability was $0 at 2025-12-31, indicating completion during 2025. Employees affected not quantified. | |||
| 2025-12-31 | divestiture_reduction | completed | 2025-04-22 | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exhibit references employment terminations resulting from the transaction under the Membership Interest Purchase Agreement dated 2025-04-22 (as amended 2025-07-10); headcount affected not disclosed. | ||||||
| 2025-12-31 | acquisition_addition | completed | 15,000 | 2025-12-08 | 2025-12-08 | Global | Commercial Airplanes, Defense, Space & Security, Global Services | Item 1. Business - Human Capital f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Spirit AeroSystems closed December 8, 2025. Spirit employs approximately 15,000 people. | ||
| 2025-12-31 | divestiture_reduction | completed | 2025-10-31 | 2025-10-31 | Global | Global Services | Item 1. Business - Human Capital f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Divestiture of portions of BGS Digital Aviation Solutions business completed October 31, 2025. Employee count not explicitly disclosed. | |||
| 2025-12-31 | restructuring | completed | 2024-Q4 | 2025-06-30 | Global | Corporate | USD 295 (millions) | Note 15 - Liabilities, Commitments and Contingencies f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Announced in Q4 2024, plans to reduce overall workforce. $295 million recorded in 2024. Remaining liability at Dec 31, 2025 was $0. | ||
| 2025-12-31 | restructuring | completed | 2024-Q4 | 2025-06-30 | Global | Corporate / All Segments | USD 295 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Announced in Q4 2024 to reduce overall workforce. $295 million recorded in 2024 for employees expected to leave by first half of 2025. Remaining liability at Dec 31, 2025 was $0. | ||
| 2025-12-31 | acquisition_addition | completed | 15,000 | 2025-12-08 | 2025-12-08 | Global | Commercial Airplanes / Defense, Space & Security / Global Services | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Spirit AeroSystems Holdings, Inc. completed on December 8, 2025. Spirit employs approximately 15,000 people. | ||
| 2025-12-31 | divestiture_reduction | completed | 2025-10-31 | 2025-10-31 | Global | Global Services | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Divestiture of portions of BGS segment's Digital Aviation Solutions business completed on October 31, 2025. Employee count not explicitly disclosed. | |||
| 2025-09-30 | other | in_progress | 3,200 | 2025-08-04 | St. Louis area, Missouri, United States | Defense, Space & Security (F/A-18, F-15, T-7A, MQ-25 and Weapons programs) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | IAM District 837 strike began August 4, 2025, disrupting St. Louis operations; company warns prolonged strike could materially impact financial position, results of operations and cash flows. | |||
| 2025-09-30 | other | in_progress | 3,200 | 2025-08-04 | United States — St. Louis area sites | Defense, Space & Security (F/A-18, F-15, T-7A, MQ-25, Weapons) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | IAM 837-represented employees on strike since 2025-08-04, disrupting St. Louis operations; prolonged strike could materially impact results. | |||
| 2025-09-30 | other | completed | 2024-11-04 | 2024-12-01 | United States | Commercial Airplanes; BDS (KC-46A, P-8A) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | IAM 751 ratified a new contract ending the work stoppage begun 2024-09-13; production resumed December 2024 and ramped during 2025. Prior-period event, included for context. | |||
| 2025-09-30 | other | in_progress | 3,200 | 2025-08-04 | St. Louis area | Defense, Space & Security (BDS) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Approximately 3,200 IAM 837 represented employees on strike since August 4, 2025, disrupting St. Louis operations including F/A-18, F-15, T-7A, MQ-25 and Weapons programs. | |||
| 2025-09-30 | other | in_progress | 3,200 | 2025-08-04 | St. Louis area | Defense, Space & Security | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Approximately 3,200 IAM 837 represented employees on strike since August 4, 2025, disrupting St. Louis operations including F/A-18, F-15, T-7A, MQ-25 and Weapons programs. | |||
| 2025-09-30 | other | completed | 2024-11-04 | United States | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-Q8_0 | IAM 751 ratified new contract on November 4, 2024, ending work stoppage initiated September 13, 2024. Production resumed December 2024. | ||||
| 2025-06-30 | other | announced | 2025-07-27 | Missouri, United States | Defense, Space & Security and Global Services Government businesses | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | IAM District 837 (Missouri) members rejected Boeing's contract offer on July 27, 2025, when the contract expired, and authorized a work stoppage as early as August 4, 2025. Boeing states operations, particularly BDS and BGS Government businesses, would be disrupted and financial position, results of operations and cash flows adversely impacted if a work stoppage occurs. | ||||
| 2025-06-30 | other | announced | 2025-07-27 | Missouri, United States | Defense, Space & Security; Global Services (Government businesses) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | IAM District 837 (Missouri) rejected Boeing's contract offer and authorized a work stoppage as early as August 4, 2025 after the contract expired July 27, 2025; no employee count or charge disclosed. | ||||
| 2025-06-30 | other | completed | 2024-09-13 | 2024-11-04 | United States | Commercial Airplanes; Defense, Space & Security (KC-46A, P-8A) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Prior IAM 751 work stoppage (Sept 13 – Nov 4, 2024) referenced as background context for production ramp; not a new current-period action. | |||
| 2025-06-30 | other | announced | 2025-07-27 | 2025-08-04 | United States | Defense, Space & Security; Global Services | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | IAM 837 rejected contract offer and authorized work stoppage as early as August 4, 2025. Operations in BDS and BGS Government businesses may be disrupted. | |||
| 2025-06-30 | other | announced | 2025-07-27 | Missouri | Defense, Space & Security; Global Services | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | IAM 837 members rejected contract offer and authorized work stoppage as early as August 4, 2025. Operations in BDS and BGS Government businesses may be disrupted. | ||||
| 2025-03-31 | other | completed | 2024-09-13 | 2024-12-31 | United States | Commercial Airplanes; Defense, Space & Security (KC-46A Tanker, P-8A Poseidon) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | IAM 751 work stoppage initiated September 13, 2024; contract ratified November 4, 2024, ending the strike. Production of 737, 767, 777, 777X and commercial derivative defense aircraft resumed December 2024 and ramped up during Q1 2025. Event occurred in prior fiscal year but is disclosed in this filing's MD&A. | |||
| 2025-03-31 | divestiture_reduction | announced | 2025-04-22 | 2025-12-31 | Global Services — Digital Aviation Solutions (Jeppesen, ForeFlight, AerData, OzRunways) | USD 10,550,000,000 (billions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Agreement with Thoma Bravo to sell portions of BGS Digital Aviation Solutions business for $10.55 billion; expected to close later in 2025 with a gain at closing. No employee count disclosed. | |||
| 2025-03-31 | other | completed | 2024-09-13 | 2024-11-04 | United States | Commercial Airplanes (737, 767, 777, 777X) and Defense, Space & Security derivatives (KC-46A Tanker, P-8A Poseidon) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | IAM 751 work stoppage began Sept 13, 2024 and paused production of listed programs; a new contract was ratified Nov 4, 2024, production resumed in Dec 2024 and gradually ramped during Q1 2025. No affected-employee count disclosed. | |||
| 2025-03-31 | acquisition_addition | announced | 2024-06-30 | United States | Commercial Airplanes supply chain (Spirit AeroSystems — Boeing-related commercial operations) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | All-stock acquisition at ~$4.7B equity value ($37.25/share); expected to close mid-2025 with Outside Date currently June 30, 2025. Headcount to be added not disclosed; Spirit stockholders approved the merger Jan 31, 2025. | ||||
| 2025-03-31 | divestiture_reduction | announced | 2025-04-22 | United States | Global Services — Digital Aviation Solutions (Jeppesen, ForeFlight, AerData, OzRunways) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell portions of the Digital Aviation Solutions business to Thoma Bravo for $10.55B; expected to close later in 2025 subject to regulatory approval. Headcount removed not disclosed. | ||||
| 2025-03-31 | other | completed | 2024-09-13 | 2024-11-04 | United States | Commercial Airplanes; Defense, Space & Security | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Work stoppage initiated Sept 13, 2024, paused production of 737, 767, 777, 777X, KC-46A, P-8A. Contract ratified Nov 4, 2024, ending stoppage. Production resumed Dec 2024. | |||
| 2024-12-31 | other | completed | 30,000 | 2024-09-13 | 2024-11-04 | Primarily Washington state | Manufacturing — Commercial Airplanes (737, 767, 777, 777X) and BDS commercial derivative aircraft (KC-46A Tanker, P-8A Poseidon) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | IAM 751 work stoppage (strike); count disclosed as representing over 30,000 manufacturing employees. 96% of members voted to strike after contract expiry on 2024-09-12; stoppage ran from 2024-09-13; new contract ratified 2024-11-04 ending the strike. Production paused and resumed in December 2024; company also implemented hiring freezes during the strike. | ||
| 2024-12-31 | reduction_in_force | in_progress | 2025-06-30 | Company-wide | USD 295 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Plans to reduce overall workforce announced during Q4 2024 (exact date not given); severance benefits of $295 million recorded in Q4 2024, with remaining liability of $287 million at 2024-12-31; involuntary terminations expected through H1 2025. Affected headcount and workforce percentage not disclosed in this filing. | ||||
| 2024-12-31 | plant_closure | announced | 2027 | Commercial Airplanes — 767 freighter program | MD&A f5-10k / GLM-5.3-flash-HTML | Decision made in Q3 2024 to end 767 freighter production; program accounting quantity reduced by 9 units (Q3) and 7 units (Q4 2024); reach-forward losses of $398 million (Q3) and $182 million (Q4 2024) recorded are program accounting charges, not severance. Production now expected to end in late 2026 or early 2027; no workforce figures disclosed. | |||||
| 2024-12-31 | other | completed | 2024-09-12 | 2024-11-04 | United States (primarily Washington state) | Commercial Airplanes; Defense, Space & Security | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Contract with IAM 751 (over 30,000 manufacturing employees) expired 2024-09-12; 96% voted to strike. Production paused 2024-09-13; strike ended 2024-11-04 upon ratification of new contract. Production resumed December 2024. | |||
| 2024-12-31 | reduction_in_force | in_progress | 2024-10-01 | 2025-06-30 | Global | Enterprise-wide | USD 295 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced during Q4 2024 following the IAM 751 strike; $295M severance recorded for employees expected to leave through involuntary terminations by first half of 2025; $287M liability remaining at 2024-12-31. Filer does not disclose affected headcount. Announcement date approximate (quarter-level disclosure). | ||
| 2024-12-31 | other | in_progress | 2024-06-30 | 2025-06-30 | United States | Commercial Airplanes (Spirit AeroSystems integration) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger agreement to acquire Spirit AeroSystems signed 2024-06-30 at ~$4.7B equity value; expected to close mid-2025. Filer does not disclose headcount added. Spirit stockholders approved 2025-01-31. | |||
| 2024-12-31 | restructuring | completed | 2024-12-31 | 2025-06-30 | Global | All segments | USD 295 (millions) | Note 14 - Liabilities, Commitments and Contingencies f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fourth quarter 2024 announcement of plans to reduce overall workforce; $295 million recorded for severance benefits payable to employees expected to leave through involuntary terminations by first half of 2025. | ||
| 2024-12-31 | restructuring | completed | 2024-09-12 | 2025-06-30 | United States | Commercial Airplanes; Defense, Space & Security | USD 295 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Announced plans to reduce overall workforce during Q4 2024 following IAM 751 strike. Recorded $295 million in severance benefits for employees expected to leave by H1 2025. Remaining liability at year-end was $287 million. | ||
| 2024-09-30 | reduction_in_force | announced | 10% | 2024-10-11 | Total workforce (all levels) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Company announced plan to reduce total workforce by roughly 10 percent; no absolute headcount or charge disclosed. | ||||
| 2024-09-30 | other | in_progress | 30,000 | 2024-09-13 | Primarily Washington state | Manufacturing (IAM 751) | other f5-10q / GLM-5.3-flash-fp4-HTML | Strike by IAM District 751 began September 13, 2024 after contract expiration; over 30,000 Boeing manufacturing employees participating; paused production of 737, 767, 777, 777X and defense derivatives (KC-46A, P-8A); duration unpredictable. | |||
| 2024-09-30 | other | in_progress | Company-wide | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Temporary furloughs and hiring freezes instituted across the Company for all levels; pay increases paused for executive and management promotions; discretionary spending and non-essential capital expenditures reduced. | ||||||
| 2024-09-30 | other | in_progress | 30,000 | 2024-09-13 | United States (primarily Washington state) | Commercial Airplanes manufacturing; BDS commercial derivative programs (KC-46A Tanker, P-8A Poseidon) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | IAM 751 contract expired 2024-09-12; 96% of members voted to strike and the work stoppage began 2024-09-13. Filer states the contract represents over 30,000 manufacturing employees, so 30,000 is a lower bound. Production of 737, 767, 777, 777X, KC-46A and P-8A paused; duration not predictable per filer. | |||
| 2024-09-30 | restructuring | announced | 10% | 2024-10-11 | Global | Company-wide | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced plan to reduce total workforce by roughly 10 percent; no headcount count, charge, or completion timeline disclosed. Absolute count not derivable because total workforce is not disclosed in this filing. | |||
| 2024-09-30 | layoff | in_progress | Global | Company-wide (all levels) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Liquidity actions include temporary furloughs, hiring freezes, paused pay increases for executive and management promotions, and paused supplier purchase orders on 737/767/777/777X programs. No counts, dates, or charges disclosed; announcement date not stated. | |||||
| 2024-09-30 | other | in_progress | 2024-09-13 | United States | Commercial Airplanes; Defense, Space & Security | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Work stoppage initiated by IAM 751 on Sept 13, 2024. Paused production of 737, 767, 777, 777X, KC-46A, and P-8A. 96% of IAM 751 members voted to strike. | ||||
| 2024-09-30 | restructuring | announced | 10% | 2024-10-11 | Global | All Segments | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Announced Oct 11, 2024 plan to reduce total workforce by roughly 10%. Part of liquidity improvement actions including furloughs and hiring freezes. | |||
| 2024-09-30 | other | in_progress | 2024-09-13 | United States | Commercial Airplanes; Defense, Space & Security | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Work stoppage initiated by IAM 751 on September 13, 2024. Production of 737, 767, 777, 777X, KC-46A, and P-8A paused. 96% of IAM 751 members voted to initiate strike. | ||||
| 2024-09-30 | restructuring | announced | 10% | 2024-10-11 | Global | All Segments | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced plan to reduce total workforce by roughly 10 percent. | |||
| 2024-06-30 | other | in_progress | 2024-09-12 | Primarily Washington state, United States | Commercial Airplanes — manufacturing | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Collective bargaining: Boeing in contract negotiations with IAM District 751, representing over 30,000 manufacturing employees; current contract expires September 12, 2024. Company warns work stoppages or other disruptions could adversely impact financial position, results of operations and cash flows. | ||||
| 2024-06-30 | other | in_progress | 2024-09-12 | United States (primarily Washington state) | Commercial Airplanes — manufacturing | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Contract negotiations with IAM 751, representing over 30,000 Boeing manufacturing employees; current contract expires 2024-09-12. Filer warns of potential work stoppages or disruptions. | ||||
| 2024-06-30 | acquisition_addition | announced | 2024-06-30 | 2025-06-30 | United States | Commercial Airplanes — supply chain (Spirit AeroSystems) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | All-stock merger agreement to acquire Spirit AeroSystems at ~$4.7B equity value; expected to close mid-2025. No headcount figure disclosed for Spirit employees to be added. | |||
| 2024-06-30 | other | in_progress | 30,000 | 2024-09-12 | Washington state | Manufacturing | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Contract negotiations with IAM 751 representing over 30,000 manufacturing employees; current contract expires Sept 12, 2024. | |||
| 2024-06-30 | acquisition_addition | announced | 2024-06-30 | 2025-06-30 | Commercial Airplanes | USD 4,700 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Agreement to acquire Spirit AeroSystems in all-stock transaction at equity value of approx $4.7 billion; expected to close mid-2025. | |||
| 2023-12-31 | plant_closure | completed | 2023-02 | Commercial Airplanes (BCA) — 747 Program | MD&A f5-10k / GLM-5.3-flash-HTML | 747 production completed in Q4 2022 and the final aircraft was delivered in February 2023. Filing states ending production had no material impact on financial position, results, or cash flows; no headcount or charge disclosed. The wind-down decision predates this filing, so no announcement date is available here. | |||||
| 2022-12-31 | plant_closure | completed | Russia | USD 212 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Facilities in Russia closed and business operations suspended following Russia's invasion of Ukraine; engineering talent retained through voluntary transfers to other countries. Q1 2022 charges of $212 million were primarily asset impairments, not severance. No specific announcement date disclosed; charges recorded in first quarter 2022. | |||||
| 2022-06-30 | other | announced | 2,500 | 2022-07-24 | 2022-08-01 | St. Louis, Missouri, United States | Defense, Space & Security | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | IAM District 837 members rejected Boeing's compensation and benefits offer; the collective bargaining agreement expired July 25, 2022, and a strike was planned effective August 1, 2022. Boeing stated it did not currently expect a material business impact, but a prolonged strike could disrupt St. Louis operations. | ||
| 2022-06-30 | other | announced | 2,500 | 2022-07-25 | United States (St. Louis area) | Defense, Space & Security — IAM District 837 represented employees | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | IAM District 837 members rejected Boeing's compensation offer on 2022-07-24; collective bargaining agreement expired 2022-07-25; strike announced effective 2022-08-01. Union represents approximately 2,500 Boeing employees. Boeing stated it does not currently expect a material business impact, but a prolonged strike could disrupt St. Louis operations. | |||
| 2022-06-30 | other | announced | 2,500 | 2022-07-24 | United States | St. Louis operations | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | IAM District 837 voted to reject compensation offer; strike effective August 1, 2022 affecting approx. 2,500 employees. | |||
| 2022-06-30 | other | announced | 2,500 | 2022-07-24 | 2022-08-01 | St. Louis | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-Q8_0 | IAM District 837 employees voted to reject compensation offer; strike effective August 1, 2022. | ||
| 2021-12-31 | restructuring | completed | 19,000 | 2020 | Company-wide (primarily Commercial Airplanes) | USD 652 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Company-wide workforce rationalization via a combination of voluntary and involuntary terminations; initial severance liability of $652M recorded in Q2 2020 for approximately 26,000 expected departures. Headcount estimate revised during 2021 to approximately 23,000 (Q1 2021) and then approximately 19,000 (Q2 2021); the 19,000 is a cumulative program-level estimate, not FY2021-only activity. During 2021 the company credited $182M of changes in estimates and made $90M of severance payments; the remaining $11M liability at 2021-12-31 primarily relates to remaining severance payments to terminated employees, indicating departures substantially complete by year-end 2021. | |||
| 2021-12-31 | restructuring | completed | 19,000 | 2020-06-30 | 2021-12-31 | Global | Enterprise-wide | USD 90 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year workforce reduction program initiated in 2020 (initially ~26,000 employees). Estimate reduced to ~23,000 in Q1 2021 and to ~19,000 in Q2 2021; figure is cumulative through fiscal year-end. Severance liability fell from $283M to $11M during 2021, with $90M of payments made in the year; program substantially complete at year-end. | |
| 2021-12-31 | other | in_progress | Global | Commercial Airplanes | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer states it rationalized its workforce through a combination of voluntary and involuntary layoffs and natural turnover during 2020-2021; no headcount figure or charge attributed to this narrative. | |||||
| 2021-12-31 | restructuring | completed | 19,000 | 2020-04-01 | 2021-12-31 | Global | All segments | USD 623 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Rationalized workforce through voluntary and involuntary terminations initiated in 2020. Estimated number of employees expected to leave reduced to 19,000 in 2021. $623 million severance cost recorded in 2020. | |
| 2021-12-31 | restructuring | completed | 19,000 | 2020-06-01 | 2021-12-31 | Global | All Segments | USD 652 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Initial liability of $652 million recorded in Q2 2020 for approx. 26,000 employees. Revised estimate in 2021 to approx. 19,000 employees. Liability reduced by payments and estimate changes. | |
| 2021-09-30 | restructuring | in_progress | 19,000 | 2020-07-01 | Company-wide | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2020 workforce reduction program; estimate lowered from ~26,000 to ~23,000 in Q1 2021 and to ~19,000 in Q2 2021. Severance liability of $20 million remained at 2021-09-30, primarily for remaining payments to terminated employees. | ||||
| 2021-09-30 | other | completed | 2020-12-01 | Company-wide | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | One-time restricted stock unit grant to most employees in December 2020 in lieu of a 2021 salary merit increase; vests over three years. Drove higher share-based plans expense in 2021. | |||||
| 2021-09-30 | restructuring | in_progress | 19,000 | Global | Enterprise-wide | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cumulative workforce-reduction program combining voluntary and involuntary terminations plus natural turnover; initial liability recorded Q2 2020, estimate revised down from ~26,000 (2020) to ~23,000 (Q1 2021) to ~19,000 (Q2 2021). Severance liability fell from $283M at 2021-01-01 to $20M at 2021-09-30; balance now mainly remaining payments to already-terminated employees. Announcement date not specified in filing. | ||||
| 2021-09-30 | restructuring | in_progress | 19,000 | 2020-01-01 | Global | All segments | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Reduced estimate from 26,000 in 2020 to 19,000 in Q2 2021. Liability balance was $20 million at Sept 30, 2021. | ||
| 2021-09-30 | restructuring | in_progress | 19,000 | 2020-06-01 | Global | All segments | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Liability balance of $20 million as of Sept 30, 2021 relates to remaining severance payments for approx 19,000 employees expected to leave via voluntary/involuntary terminations. | ||
| 2021-06-30 | restructuring | in_progress | 19,000 | 2020-07-01 | Company-wide | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | During Q2 2021 the estimated number of employees expected to leave through voluntary and involuntary terminations was reduced to approximately 19,000, from approximately 23,000 in Q1 2021 and 26,000 in 2020. Severance liability roll-forward: $283M at Jan 1, 2021; payments of $69M; changes in estimates of $(184)M; balance of $30M at June 30, 2021. | ||||
| 2021-06-30 | restructuring | in_progress | 19,000 | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cumulative program initiated during 2020 combining voluntary and involuntary terminations plus natural turnover; no announcement date stated. Estimated affected headcount was revised down from ~23,000 (Q1 2021) to ~19,000 in Q2 2021. Severance liability fell from $283M at 2021-01-01 to $30M at 2021-06-30 after $69M of payments and a $184M reduction in estimates. Count is cumulative since program inception, not a quarterly flow. | ||||||
| 2021-06-30 | restructuring | in_progress | 19,000 | 2020-01-01 | Global | All Segments | USD 30 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Program initiated in 2020; Q2 2021 estimate reduced from 23,000 to 19,000 employees. Remaining liability of $30 million relates to payments to terminated employees. | ||
| 2021-06-30 | restructuring | in_progress | 19,000 | 2020-07-01 | Global | Corporate / All Segments | USD 30 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Liability balance of $30 million as of June 30, 2021 relates to remaining severance payments. Estimated headcount reduced from 26,000 in 2020 to 19,000 in Q2 2021. | ||
| 2021-03-31 | restructuring | in_progress | 23,000 | 2021-12-31 | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance costs recorded for approximately 23,000 employees via voluntary and involuntary terminations; estimate reduced from ~26,000 in 2020 to ~23,000 in Q1 2021. Severance liability roll-forward: $283M at Jan 1, 2021; payments of $48M; changes in estimates of $(75)M; $160M at Mar 31, 2021. | |||||
| 2021-03-31 | layoff | in_progress | 5,000 | 2021-12-31 | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | As of March 31, 2021, severance liability relates to approximately 5,000 employees expected to leave the Company in the remainder of 2021. | |||||
| 2021-03-31 | restructuring | in_progress | 23,000 | 2020-07-01 | 2021-12-31 | Global | Enterprise-wide | USD 160 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs recorded for ~26,000 employees in 2020; estimate reduced to ~23,000 in Q1 2021. Severance liability was $160M at 2021-03-31 (from $283M at 2021-01-01, with $48M paid and $75M estimate reduction). Approximately 5,000 of the affected employees are expected to leave during the remainder of 2021. Program comprises voluntary and involuntary terminations tied to COVID-19 and business transformation efforts announced July 2020. | |
| 2021-03-31 | restructuring | in_progress | 23,000 | 2020-12-31 | 2021-12-31 | Global | All Segments | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company recorded severance costs for approximately 23,000 employees expected to leave through voluntary and involuntary terminations. As of March 31, 2021, liability relates to approximately 5,000 employees expected to leave in the remainder of 2021. | ||
| 2021-03-31 | restructuring | in_progress | 23,000 | 2020-01-01 | 2021-12-31 | Global | All segments | USD 160 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company recorded severance costs for approx. 23,000 employees expected to leave via voluntary/involuntary terminations. Liability of $160M relates to approx. 5,000 employees expected to leave in remainder of 2021. | |
| 2020-12-31 | restructuring | in_progress | 26,000 | 2020 | 2021 | Company-wide (severance costs recorded in Commercial Airplanes and Global Services among others) | USD 652 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Severance liability of $652M initially recorded in Q2 2020 for approximately 26,000 employees departing via voluntary and involuntary terminations; an additional $289M of changes in estimates recorded later in 2020, $658M paid, ending balance $283M at December 31, 2020. Approximately 18,000 of 26,000 employees had left as of December 31, 2020; remainder expected to leave in 2021. Company also expects further 2021 workforce reductions through additional actions and natural attrition. Exact announcement date not stated in filing. | ||
| 2020-12-31 | plant_closure | announced | 2020 | 2021 | South Carolina (consolidating 787 production out of Washington) | Commercial Airplanes | MD&A f5-10k / GLM-5.3-flash-HTML | Decision made during Q3 2020 to consolidate 787 production in South Carolina in 2021; no workforce headcount impact quantified and filer states the consolidation did not have a significant financial impact on the program. | |||
| 2020-12-31 | restructuring | in_progress | 26,000 | 2020-07-01 | 2021-12-31 | Global | Company-wide | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance recorded for approximately 26,000 employees expected to leave through voluntary and involuntary terminations; approximately 18,000 had left as of 2020-12-31, remainder expected to leave in 2021. Severance liability ending balance $283 million. | ||
| 2020-12-31 | layoff | announced | 2020-12-31 | 2021-12-31 | Global | Company-wide | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company expects to further reduce workforce in 2021 through additional workforce actions and natural attrition; no count disclosed. | |||
| 2020-12-31 | restructuring | in_progress | 26,000 | 2020-01-01 | 2021-12-31 | Global | All Segments | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Recorded severance costs for approximately 26,000 employees in 2020; approximately 18,000 have left as of December 31, 2020, and the remainder are expected to leave in 2021. Part of business transformation efforts. | ||
| 2020-12-31 | restructuring | in_progress | 26,000 | 2020-07-01 | 2021-12-31 | Global | All segments | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Recorded severance costs for approximately 26,000 employees in 2020; 18,000 left by year-end, remainder expected to leave in 2021. Part of business transformation efforts announced in July 2020. | ||
| 2020-09-30 | reduction_in_force | in_progress | 26,000 | 2021-12-31 | USD 652 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company recorded severance costs for approximately 26,000 employees via voluntary and involuntary terminations; roughly half had departed by September 30, 2020, remainder expected to leave in 2020-2021. Initial liability of $652 million recorded in Q2 2020; $395 million paid and $328 million estimate change brought balance to $585 million at quarter end. Severance costs were recorded across BCA ($610M YTD) and BGS ($130M YTD) per MD&A. | ||||
| 2020-09-30 | restructuring | in_progress | 26,000 | 2021-12-31 | Global | Company-wide | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance recorded in Q2 and Q3 2020 for ~26,000 employees leaving via voluntary and involuntary terminations plus natural turnover; about half had left by 2020-09-30, remainder expected to leave in 2020 and 2021. Severance liability balance was $585M at 2020-09-30 (initial $652M recorded in Q2 2020, $395M paid, $328M estimate changes). Announcement date not specified beyond 'second and third quarters of 2020'. | |||
| 2020-09-30 | other | in_progress | Global | Company-wide | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company states it has furloughed certain employees in response to COVID-19; no count, dates, or charge disclosed. | |||||
| 2020-09-30 | restructuring | announced | 2020-07-01 | Global | Company-wide | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business transformation program announced in July 2020 across five pillars (infrastructure, overhead and organization, portfolio and investments, supply chain health, operational excellence); no headcount target or charge quantified. Announcement date approximate (month only). | ||||
| 2020-09-30 | restructuring | in_progress | 26,000 | 2020-02-01 | 2021-12-31 | Global | All segments | USD 585 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Severance costs for approximately 26,000 employees expected to leave through voluntary and involuntary terminations. Half had left as of September 30, 2020; remainder expected to leave in 2020 and 2021. | |
| 2020-09-30 | restructuring | in_progress | 26,000 | 2020-04-01 | 2021-12-31 | Global | All Segments | USD 585 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company recorded severance costs for approx. 26,000 employees via voluntary/involuntary layoffs. Approx. half left as of Sept 30, 2020; remainder expected to leave in 2020 and 2021. Ending liability balance was $585 million. | |
| 2020-06-30 | reduction_in_force | in_progress | 19,000 | 2020-12-31 | Company-wide | USD 652 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance recorded in Q2 2020 for approximately 19,000 employees leaving via voluntary and involuntary terminations; ~6,000 had departed as of June 30, 2020, remaining ~13,000 expected to leave in H2 2020; remaining liability $405 million at June 30, 2020. | |||
| 2020-06-30 | reduction_in_force | announced | 2020-07 | Company-wide | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | In July 2020 the Company announced further assessments of workforce size to align with a smaller market, citing prolonged COVID-19 impact, lower production rates and reduced commercial services demand. | |||||
| 2020-06-30 | restructuring | in_progress | 19,000 | 2020-12-31 | Global | Enterprise-wide (voluntary and involuntary terminations and natural turnover) | USD 652 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance recorded in Q2 2020 for approximately 19,000 employees; about 6,000 had left by 2020-06-30, remainder expected to depart in Q3-Q4 2020. Remaining severance liability was $405 million at 2020-06-30. Segment charges cited in MD&A (BCA $468M, BGS $64M) are components of this program, not separate actions. | ||
| 2020-06-30 | other | announced | 2020-07-01 | Global | Enterprise-wide workforce size assessment | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | In July 2020 the company announced that prolonged COVID-19 impact, further production rate reductions and lower commercial services demand would prompt further assessments of workforce size; no headcount or charge quantified. Announcement date approximated to month start (2020-07). | ||||
| 2020-06-30 | restructuring | in_progress | 19,000 | 2020-04-01 | 2020-12-31 | Global | All Segments | USD 652 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Severance costs for approximately 19,000 employees expected to leave through voluntary and involuntary terminations; 6,000 left as of June 30, 2020, remainder expected to leave in second half of 2020. | |
| 2020-06-30 | restructuring | in_progress | 19,000 | 2020-04-01 | 2020-12-31 | Global | Commercial Airplanes | USD 652 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs recorded in Q2 2020 for approx. 19,000 employees via voluntary/involuntary terminations. Approx. 6,000 left by June 30, 2020; remainder expected to leave in H2 2020. Remaining liability $405 million. | |
| 2020-06-30 | other | announced | 2020-07-01 | Global | Commercial Airplanes | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | In July 2020, Company announced further assessments of workforce size to align with smaller market due to prolonged COVID-19 impact and lower demand. | ||||
| 2020-03-31 | layoff | in_progress | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company furloughed certain employees in response to COVID-19 impacts; no headcount quantified. | |||||||
| 2020-03-31 | voluntary_separation | announced | 2020-03-31 | 2020-06-30 | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Voluntary employee layoff program announced, planned for implementation in Q2 2020. | |||||
| 2020-03-31 | reduction_in_force | announced | 2020-03-31 | 2020-12-31 | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Further workforce reduction planned by end of 2020 via attrition and involuntary layoffs as necessary. | |||||
| 2020-03-31 | plant_closure | completed | 2020-03-31 | 2020-04-20 | Puget Sound area, Washington | Commercial Airplanes | USD 137 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Temporary suspension of Puget Sound production operations due to COVID-19; operations resumed week of April 20, 2020; $137M abnormal production costs expensed in Q1. | ||
| 2020-03-31 | plant_closure | in_progress | 2020-03-31 | 2020-05-03 | South Carolina | Commercial Airplanes | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Temporary suspension of South Carolina operations due to COVID-19; scheduled to resume beginning May 3, 2020. | |||
| 2020-03-31 | plant_closure | completed | 2020-03-31 | 2020-04-20 | Philadelphia | Defense, Space & Security | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Temporary suspension of Philadelphia operations due to COVID-19; operations resumed week of April 20, 2020. | |||
| 2020-03-31 | other | in_progress | 2020-01-31 | Commercial Airplanes — 737 program | USD 797 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Temporary suspension of 737 MAX production beginning January 2020; $797M of approximately $5B expected abnormal production costs expensed in Q1 2020; production resumption assumed in Q2 2020. | ||||
| 2020-03-31 | layoff | announced | 2020-03-31 | 2020-06-30 | United States | Not specified | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary employee layoff program announced during Q1 2020, planned for implementation in Q2 2020; no headcount or severance amount disclosed. | |||
| 2020-03-31 | restructuring | announced | 2020-03-31 | 2020-12-31 | Not specified | Not specified | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to further reduce workforce by end of 2020 via attrition and involuntary layoffs as necessary; no counts or charges disclosed. | |||
| 2020-03-31 | layoff | in_progress | 2020-03-31 | United States | Not specified | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Certain employees furloughed in response to COVID-19 and 737 MAX production suspension; no count disclosed. | ||||
| 2020-03-31 | layoff | announced | 2020-03-31 | 2020-06-30 | Global | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company announced voluntary employee layoff program to be implemented in Q2 2020. | |||
| 2020-03-31 | restructuring | in_progress | 2020-03-31 | 2020-12-31 | Global | All Segments | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Planning to further reduce workforce by end of year through attrition and involuntary layoffs. | |||
| 2020-03-31 | other | in_progress | 2020-03-31 | Global | All Segments | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Furloughed certain employees in response to COVID-19 impacts. | ||||
| 2020-03-31 | layoff | announced | 2020-03-31 | 2020-06-30 | Global | All segments | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company announced a voluntary employee layoff program planned for implementation in the second quarter of 2020. Specific headcount numbers were not disclosed. | |||
| 2020-03-31 | restructuring | in_progress | 2020-03-31 | 2020-12-31 | Global | All segments | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company plans to further reduce workforce by end of year through attrition and involuntary layoffs. Specific headcount numbers were not disclosed. | |||
| 2019-12-31 | other | completed | 2019 | Commercial Airplanes — 737 program | MD&A f5-10k / GLM-5.3-flash-HTML | Production action tied to the 737 MAX grounding: rate cut from 52 to 42 aircraft per month announced during Q2 2019 and implemented beginning that quarter, maintained through December 2019. No headcount impact quantified; captured as other because no RIF/restructuring label applies. | |||||
| 2019-12-31 | other | announced | 2019-12 | Commercial Airplanes — 737 MAX program | MD&A f5-10k / GLM-5.3-flash-HTML | Temporary suspension of 737 MAX production announced December 2019, planned to begin January 2020 (after fiscal year-end) to prioritize delivery of stored aircraft; assumes resumption at low production rates in 2020. No workforce reduction quantified. | |||||
| 2019-12-31 | other | announced | 2019-12 | United States | Commercial Airplanes (737 program) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced temporary suspension of 737 MAX production beginning January 2020, following a Q2 2019 reduction from 52 to 42 aircraft per month; no affected-employee count or severance charge disclosed. Company cites possible future employment reductions only as a contingency. | ||||
| 2019-09-30 | other | announced | 2019-09-30 | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filer states that in the event of delays in return to service, it 'may be required to take actions with longer-term impact, such as further production rate changes, employment reductions'. | ||||||
| 2019-06-30 | other | in_progress | 2019-04-05 | United States | Commercial Airplanes - 737 program | USD 1,016 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | 737 production rate reduced from 52 to 42 aircraft per month effective April 15, 2019 following the 737 MAX grounding; company continues to evaluate further reductions including a possible temporary production shutdown. No employee headcount figures disclosed. Q1 impact increased costs in current accounting quantity by $1,016 million; Q2 added $1,748 million. | |||
| 2019-06-30 | other | announced | 2019-06-30 | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filer states it 'may be required to take actions with longer-term impact, such as further production rate changes, employment reductions' due to 737 MAX grounding uncertainties. | ||||||
| 2018-12-31 | acquisition_addition | completed | 2018-10-09 | 2018-10-09 | Global | Global Services (KLX Inc. operations included from acquisition date) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Boeing acquired all outstanding shares of KLX Inc., a global aviation parts and services provider, on October 9, 2018 (total net assets acquired $3,286 million). KLX workforce added through the combination is not quantified in the filing. Date shown is the disclosed acquisition completion date. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-10-09 | 2018-10-09 | United States | Global Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired all outstanding shares of KLX Inc. on 2018-10-09; results included in Global Services from acquisition date. Headcount added not disclosed. | |||
| 2018-12-31 | acquisition_addition | announced | 2018-12-17 | 2019-12-31 | Brazil / global | Commercial Airplanes; Global Services | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Terms agreed 2018-12-17; definitive documents executed 2019-01-24. Boeing to acquire 80% stake for $4.2 billion plus 49% of KC-390 venture; pending shareholder and regulatory approvals, intended to close by end of 2019. Headcount impact not disclosed. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-10-09 | 2018-10-09 | Global | Global Services | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired all outstanding shares of KLX Inc. on October 9, 2018. Headcount not explicitly disclosed. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-10-09 | 2018-10-09 | Global | Global Services | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquired KLX Inc. on October 9, 2018. Headcount not explicitly disclosed in filing. | |||
| 2018-09-30 | acquisition_addition | completed | 2018-10-09 | 2018-10-09 | United States | Global Services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of KLX Inc. for $4,316 million including $1,029 million of assumed net debt; headcount added not disclosed. | |||
| 2018-09-30 | acquisition_addition | completed | 2018-10-09 | Global Services | USD 4,316 (millions) | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of KLX Inc. completed October 9, 2018 for $4.3 billion. KLX became part of Boeing's Global Services business. Employee count not disclosed. | ||||
| 2018-06-30 | acquisition_addition | announced | 2018-04-30 | 2018-12-31 | United States | Global Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire KLX Inc. for approximately $4.25 billion; no headcount disclosed. A $175 million termination fee applies if antitrust approvals fail. KLX will join Global Services upon closing. | |||
| 2018-06-30 | other | announced | 2018-07-05 | 2019-12-31 | Brazil | Commercial Airplanes; Global Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter non-binding MOU for a joint venture (Boeing 80% stake valued at $3.8 billion) covering Embraer's commercial aircraft and services business; no headcount disclosed. Subject to shareholder and regulatory approvals. | |||
| 2015-12-31 | other | completed | 2015-12-31 | United States | Boeing Military Aircraft / Commercial Airplanes | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | C-17 aircraft production ended in the fourth quarter of 2015; no associated headcount reduction quantified. One aircraft remained unsold at year-end. | ||||
| 2015-12-31 | other | announced | 2016-01 | United States | Commercial Airplanes — 747 program | USD 885 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | January 2016 announcement of further production rate cut to 0.5 per month (from 1.0 in March 2016); $885M reach-forward loss recorded in Q4 2015. No headcount figure disclosed. | |||
| 2014-12-31 | plant_closure | in_progress | 2014-04 | 2015 | Defense, Space & Security (Boeing Military Aircraft) — C-17 Globemaster III program | USD 48 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Original decision in September 2013 to end C-17 production in late 2015; April 2014 announcement accelerated the end by roughly three months (three fewer 2015 aircraft), triggering a $48M first-quarter 2014 BDS charge. Charge comprised inventory write-offs and supplier termination liabilities, not employee severance. At 2014-12-31 approximately $1,091M of capitalized precontract costs and $385M of potential supplier termination liabilities remained tied to unsold aircraft. No employee headcount reduction quantified. | |||
| 2014-12-31 | plant_closure | announced | 2017 | Defense, Space & Security (Boeing Military Aircraft) — F/A-18 program | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Contingent action only — no shutdown decision made. Backlog of 68 aircraft plus 15 currently funded by Congress would complete production in 2017; company states it may decide within the next twelve months to end production if additional orders do not materialize, and is still evaluating the financial impact of a potential shutdown. No headcount or charge quantified. | |||||
| 2014-12-31 | other | in_progress | 2014-04 | 2015-12-31 | Defense, Space & Security (Boeing Military Aircraft) | USD 48 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | April 2014 announcement to end C-17 production approximately three months earlier than the previously planned late-2015 exit, by building three fewer aircraft in 2015; Q1 2014 charge wrote off inventory and accrued supplier termination liabilities (not severance). No employee count disclosed; seven unsold aircraft positions remained with active sales campaigns. | |||
| 2014-12-31 | other | announced | Defense, Space & Security (Boeing Military Aircraft) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer states it is reasonably possible it will decide within the next twelve months to end F/A-18 production at a future date if additional orders do not materialize; this is a flagged potential action, not a formally announced program, and no headcount or charge is quantified. | ||||||
| 2014-12-31 | restructuring | completed | 2014-04-01 | United States | Defense, Space & Security (BDS) | USD 48 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | In April 2014, the company announced it would produce three fewer C-17 aircraft in 2015 than previously planned. During the first quarter of 2014, BDS recorded $48 million to write off inventory and accrue termination liabilities to suppliers. No specific employee count was disclosed for this action. | |||
| 2014-12-31 | restructuring | completed | 2014-04-01 | 2015-12-31 | United States | Defense, Space & Security - Boeing Military Aircraft | USD 48 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Decision to produce three fewer C-17 aircraft in 2015 than previously planned. Charge includes write-off of inventory and accrual of termination liabilities. | ||
| 2014-09-30 | plant_closure | in_progress | 2013-09-01 | 2015-09-30 | Defense, Space & Security — Boeing Military Aircraft | USD 48 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Decision in September 2013 to end C-17 production in late 2015; April 2014 announcement moved end to approximately three months earlier after deciding to build three fewer aircraft in 2015. Q1 2014 charge of $48 million covered inventory write-off and supplier termination liabilities. No employee count disclosed. | |||
| 2014-09-30 | other | announced | 2016-12-31 | Defense, Space & Security — Boeing Military Aircraft | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Backlog of 76 F/A-18 aircraft completes production in 2016; if additional orders do not materialize, company may decide within twelve months to end F/A-18 production. Financial impact of a potential shutdown, including possible US government recovery, still being evaluated. No employee count disclosed. | |||||
| 2014-09-30 | restructuring | completed | 2014-01-01 | 2016-12-31 | Company-wide retirement plans | USD 334 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Approximately 100,000 employees will transition in 2016 from defined benefit pension plans to a company-funded defined contribution plan; Q1 2014 charges of $334 million primarily for pension curtailment costs. Not a headcount reduction. | |||
| 2014-09-30 | other | in_progress | 100,000 | 2014-01-01 | 2016-12-31 | United States | Company-wide (nonunion and certain union retirement plans) | USD 334 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 100,000 employees will transition in 2016 to a company-funded defined contribution plan in lieu of defined benefit pension participation. Charge of $334M recorded in Q1 2014 (prior quarter), referenced here for context; not a current-quarter workforce reduction. | |
| 2014-09-30 | plant_closure | announced | 2014-04-01 | 2015-12-31 | United States | Defense, Space & Security — Boeing Military Aircraft (C-17 program) | USD 48 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | C-17 production to end approximately three months earlier than originally planned (late 2015); $48M charge in Q1 2014 to write off inventory and accrue supplier termination liabilities. No employee count disclosed. Additional charges possible if orders for eight unsold aircraft do not materialize. | ||
| 2014-09-30 | other | announced | 2014-09-30 | United States | Defense, Space & Security — Boeing Military Aircraft (F/A-18 program) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer states it is reasonably possible it will decide within the next twelve months to end F/A-18 production; no employee count or charge quantified. Potential future workforce action, not yet executed. | ||||
| 2014-09-30 | restructuring | completed | 2014-01-01 | 2014-03-31 | United States | Corporate / Pension Administration | USD 334 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Charges primarily for pension curtailment costs related to transition of approx. 100,000 employees to defined contribution plan. Employee count not explicitly stated as affected by RIF, but transition impacts workforce composition. | ||
| 2014-09-30 | restructuring | completed | 2014-04-01 | 2014-03-31 | United States | Defense, Space & Security | USD 48 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Write-off inventory and accrue termination liabilities to suppliers due to decision to end C-17 production earlier than planned. No specific employee count disclosed. | ||
| 2014-09-30 | restructuring | completed | 2014-01-01 | Corporate / Pension Administration | USD 334 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges of $334 million recorded in Q1 2014 for pension curtailment costs related to transitioning approximately 100,000 employees to a defined contribution plan in 2016. Employee count affected is not explicitly stated as a reduction, but rather a plan transition. | ||||
| 2014-09-30 | restructuring | completed | 2014-01-01 | Defense, Space & Security (C-17 Program) | USD 48 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Recorded $48 million in Q1 2014 to write off inventory and accrue termination liabilities to suppliers due to decision to produce three fewer C-17 aircraft in 2015. No specific employee count disclosed. | ||||
| 2014-06-30 | other | announced | 100,000 | 2014-01-01 | 2016-12-31 | Nonunion and certain union retirement plans | USD 334 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Retirement plan redesign: approximately 100,000 employees will transition in 2016 from defined benefit pension plans to a company-funded defined contribution plan; Q1 2014 charges of $334 million primarily for pension curtailment costs, with a related $966 million net actuarial gain recorded in OCI. No headcount reduction involved. | ||
| 2014-06-30 | other | in_progress | 100,000 | 2014-03-31 | 2016-12-31 | United States | Nonunion and certain union retirement plans | USD 334 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 100,000 employees will transition in 2016 to a company-funded defined contribution plan instead of defined benefit pension plans; Q1 2014 charges of $334 million, primarily pension curtailment costs. Announcement date is approximate (first quarter 2014). | |
| 2014-06-30 | plant_closure | announced | 2013-09-30 | 2015-09-30 | United States | Defense, Space & Security — Boeing Military Aircraft (C-17 program) | USD 48 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision to end C-17 production in late 2015, accelerated by about three months in April 2014; Q1 2014 charge of $48 million to write off inventory and accrue supplier termination liabilities. No employee count disclosed; announcement date approximate (September 2013). | ||
| 2014-06-30 | restructuring | completed | 100,000 | 2014-01-01 | 2016-12-31 | Global | Corporate / All Segments | USD 334 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Approximately 100,000 employees will transition in 2016 to a company-funded defined contribution retirement savings plan in lieu of participation in defined benefit pension plans. The defined benefit pension plan changes resulted in charges of $334 million in the first quarter of 2014, primarily for pension curtailment costs. | |
| 2014-06-30 | restructuring | completed | 100,000 | 2014-03-31 | 2016-12-31 | Global | Nonunion and certain union retirement plans | USD 334 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Approximately 100,000 employees will transition in 2016 to a company-funded defined contribution retirement savings plan in lieu of participation in defined benefit pension plans. Charges of $334 million recorded in Q1 2014 primarily for pension curtailment costs. | |
| 2014-06-30 | restructuring | completed | 2014-03-31 | 2015-12-31 | Global | Defense, Space & Security (C-17 Program) | USD 48 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Decision to end production of C-17 aircraft in late 2015, producing three fewer aircraft in 2015 than previously planned. Recorded $48 million to write off inventory and accrue termination liabilities to suppliers. | ||
| 2014-03-31 | other | announced | 100,000 | 2014-01-01 | 2016-12-31 | Nonunion and certain union employees | USD 334 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Approximately 100,000 employees will transition in 2016 from defined benefit pension plans to a company-funded defined contribution retirement savings plan. Q1 2014 charges of $334 million were primarily pension curtailment costs; remeasurement produced a $966 million net actuarial gain recorded in Other Comprehensive Income. | ||
| 2014-03-31 | other | announced | 2014-04-01 | 2015-12-31 | Defense, Space & Security — C-17 program | USD 48 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Boeing decided in September 2013 to end C-17 production in 2015 and in April 2014 announced ending production roughly three months earlier by building three fewer aircraft in 2015. Q1 2014 charge of $48 million covered inventory write-off and supplier termination liabilities; no employee headcount impact was quantified. | |||
| 2014-03-31 | other | announced | 100,000 | 2016-12-31 | United States | Nonunion and certain union employees across the Company | USD 334 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Retirement plan redesign announced in Q1 2014: roughly 100,000 employees move to a company-funded defined contribution plan in 2016 instead of defined benefit plans. Charge of $334M, primarily pension curtailment costs, recorded in Q1 2014; not a headcount reduction. Exact announcement date not stated in filing. | ||
| 2014-03-31 | restructuring | in_progress | 2013-09-30 | 2015-12-31 | United States | Defense, Space & Security — Boeing Military Aircraft (C-17 program) | USD 48 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | C-17 production to end in 2015; April 2014 announcement moved the end about three months earlier by cutting three 2015 builds. Q1 2014 charge of $48M covers inventory write-off and supplier termination liabilities; no employee-affected count disclosed. Announcement date reflects the September 2013 decision to end production. | ||
| 2014-03-31 | restructuring | completed | 100,000 | 2014-03-31 | 2016-12-31 | Global | Corporate / All Segments | USD 334 (millions) | Note 11 f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Approximately 100,000 employees will transition in 2016 to a company-funded defined contribution retirement savings plan in lieu of participation in defined benefit pension plans. The defined benefit pension plan changes resulted in charges of $334 million in the first quarter of 2014, primarily for pension curtailment costs. | |
| 2014-03-31 | restructuring | in_progress | 100,000 | 2014-03-31 | 2016-12-31 | Global | Corporate / All Segments | USD 334 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Transition of approximately 100,000 employees to a defined contribution plan in 2016, resulting in $334 million in curtailment charges. | |
| 2013-12-31 | restructuring | in_progress | 2013-09 | 2015 | Defense, Space & Security — Boeing Military Aircraft (C-17 program) | USD 92 (millions) | other f5-10k / GLM-5.3-flash-HTML | Decision in Q3 2013 to end C-17 aircraft production in 2015; no employee headcount disclosed. Charge was primarily pension curtailment costs (MD&A cites $73M pension curtailment component). 20 aircraft planned for 2014-2015; ~$430M precontract costs and ~$420M supplier termination liabilities tied to unsold aircraft. Also referenced in BMA segment MD&A. | |||
| 2013-12-31 | other | announced | 2014-01 | 2016-11 | IAM District 751-represented employees | USD 140 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Union ratification in January 2014 extended the collective bargaining agreement to September 2024. Accrued pension benefits vest immediately and represented employees transition to a company-funded defined contribution plan in November 2016. Expected Q1 2014 non-cash curtailment charge of ~$140M, reducing overall pension liability by ~$130M. No employee headcount disclosed. | |||
| 2013-12-31 | restructuring | in_progress | 2013-09 | 2015 | United States | Boeing Military Aircraft (BMA) — C-17 program | USD 92 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Third-quarter 2013 decision to end C-17 production in 2015; charge was primarily pension curtailment costs. 20 aircraft to be produced in 2014-2015; 6 international orders in backlog and sales campaigns for 14 unsold aircraft, with approximately $430M capitalized precontract costs and $420M potential supplier termination liabilities. No employee-affected count disclosed. | ||
| 2013-12-31 | other | announced | 2014-01 | United States | IAM District 751-represented employees (Commercial Airplanes) | USD 140 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | January 2014 ratification extending the collective bargaining agreement to September 2024; accrued pension benefits vest immediately and employees transition to a company-funded savings plan in November 2016. Expected non-cash curtailment charge of approximately $140M in Q1 2014 and approximately $130M reduction in overall pension liability. No employee-affected count disclosed. | |||
| 2013-12-31 | other | completed | 2013-07 | Republic of Korea | Boeing Military Aircraft (BMA) — F-X fighter program | USD 64 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge to write off inventory and accrue termination liabilities after South Korea announced restart of its F-X competition; program-related charge with potential supplier/contract termination implications. No employee-affected count disclosed. | |||
| 2013-12-31 | restructuring | completed | 2013-09-01 | 2015-12-31 | United States | Boeing Military Aircraft | USD 73 (millions) | Item 7. MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Decision to end production of C-17 aircraft in 2015 resulted in a $73 million pension curtailment charge. Employee count not disclosed. | ||
| 2013-09-30 | plant_closure | announced | 2013-09-01 | 2015-12-31 | Defense, Space & Security - Boeing Military Aircraft (C-17 program) | USD 92 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company decided in September 2013 to end C-17 aircraft production in 2015; charges primarily for pension curtailment costs. No employee headcount affected was disclosed. Production continues at 10 aircraft per year through 2015. | |||
| 2013-09-30 | restructuring | announced | 2013-09-30 | 2015-12-31 | United States | Defense, Space & Security — Boeing Military Aircraft (C-17 program) | USD 92 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision in September 2013 to end C-17 production in 2015; charge of $92 primarily for pension curtailment costs. No employee count disclosed; production to continue at 10 per year through 2015. | ||
| 2013-09-30 | other | announced | 2013-09-30 | Republic of Korea | Defense, Space & Security — Boeing Military Aircraft (F-X fighter program) | USD 64 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge of $64 to write off inventory and accrue termination liabilities after South Korea's announcement it would restart the F-X competition; no headcount impact quantified. | |||
| 2013-09-30 | restructuring | announced | 2013-09-30 | 2015-12-31 | Defense, Space & Security | USD 92 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Decision to end C-17 production in 2015; charges primarily for pension curtailment costs. | |||
| 2012-12-31 | other | in_progress | 23,600 | 2012-10 | United States | SPEEA-represented employees (engineering/technical) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Labor-relations event, not a headcount reduction: SPEEA collective bargaining agreement covering 23,600 employees expired October 2012; employees continue working under expired terms while negotiations continue (company offer presented January 17, 2013). Count reflects employees covered by the agreement. | |||
| 2012-09-30 | other | in_progress | 23,600 | United States | Engineering and technical workforce (SPEEA-represented) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Collective bargaining agreement with SPEEA covering 23,600 employees expired October 6, 2012; SPEEA filed a 60-day termination notice committing represented employees to work through November 25, 2012 while contract negotiations continue. | ||||
| 2012-09-30 | other | in_progress | 23,600 | United States | SPEEA-represented professional engineering employees | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | SPEEA agreement covering 23,600 employees expired 2012-10-06; SPEEA filed a 60-day termination notice committing members to work through 2012-11-25, and negotiations were ongoing, possibly extending past that date. Notice filing date not disclosed; no severance or charge disclosed. Total workforce not disclosed, so implied percentage cannot be computed. | ||||
| 2012-09-30 | other | in_progress | 23,600 | 2012-10-06 | 2012-11-25 | United States | Engineering | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Collective bargaining agreement with SPEEA expired October 6, 2012. 60-day termination notice filed, committing employees to work through November 25, 2012. Negotiations ongoing. | ||
| 2011-12-31 | restructuring | completed | 2011-09 | Boeing Military Aircraft (C-17 program) | USD 34 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Headcount reduction tied to completed planned C-17 production rate decrease from 15 to 10 aircraft per year; charge was pension curtailment expense recorded in Q1 2011, not severance. No affected-employee count disclosed. Contingent possible production end noted for 2012 but not announced. | ||||
| 2011-12-31 | restructuring | completed | 2011-01-01 | 2011-09-30 | United States | Boeing Military Aircraft — C-17 Globemaster program | USD 34 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Production rate cut from 15 to 10 aircraft per year completed in Q3 2011; associated headcount reduction produced $34M of pension curtailment charges in Q1 2011. Affected-employee count not disclosed. Filer states a possible 2012 decision to end C-17 production if orders do not materialize. | ||
| 2011-12-31 | restructuring | completed | 2011-03-31 | 2011-03-31 | United States | Boeing Defense, Space & Security | USD 34 (millions) | Item 1. Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction in C-17 production rate from 15 to 10 aircraft per year resulted in pension curtailment charges of $34 million in the first quarter of 2011. Headcount reduction count not explicitly disclosed. | ||
| 2011-12-31 | restructuring | completed | 2011-03-31 | 2011-03-31 | United States | Boeing Military Aircraft | USD 34 (millions) | Note 12 - Liabilities, Commitments and Contingencies f5-10k / Qwen3.6-27B-Q8_0 | Reduction in headcount associated with C-17 production rate decrease resulted in pension curtailment charges of $34 million in the first quarter of 2011. Specific employee count not disclosed. | ||
| 2011-09-30 | restructuring | completed | United States | Boeing Defense, Space & Security — C-17 program | USD 34 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Planned production rate decrease from 15 to 10 aircraft per year completed in Q3 2011; associated headcount reduction resulted in pension curtailment charges of $34 million in Q1 2011. No employee count disclosed. | ||||
| 2011-09-30 | restructuring | completed | 2011-09-30 | United States | Boeing Military Aircraft — C-17 program | USD 34 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Headcount reduction tied to planned C-17 production rate cut from 15 to 10 aircraft per year, completed in Q3 2011; charge is a pension curtailment charge recorded in Q1 2011. Number of employees affected not disclosed. | |||
| 2011-09-30 | restructuring | completed | United States | Boeing Defense, Space & Security | USD 34 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction in headcount associated with C-17 production rate decrease from 15 to 10 aircraft per year. | ||||
| 2011-09-30 | other | in_progress | 2011-04-20 | Washington State | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | NLRB complaint alleging retaliation for strikes by International Association of Machinists regarding 787 assembly plant location. | ||||
| 2011-09-30 | restructuring | completed | 2011-09-30 | Boeing Defense, Space & Security | USD 34 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Production rate decrease for C-17 from 15 to 10 aircraft per year resulted in headcount reduction and pension curtailment charges. | ||||
| 2011-06-30 | restructuring | in_progress | 2011-09-30 | Boeing Defense, Space & Security — C-17 program | USD 34 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Planned C-17 production rate decrease from 15 to 10 aircraft per year; headcount reduction associated with the rate change resulted in $34 million of pension curtailment charges in Q1 2011; transition expected complete in Q3 2011. No affected-employee count disclosed. | ||||
| 2011-06-30 | restructuring | in_progress | 2011-09-30 | United States | Boeing Defense, Space & Security — Boeing Military Aircraft (C-17 program) | USD 34 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Headcount reduction tied to planned C-17 production rate cut from 15 to 10 aircraft per year; caused pension curtailment charges of $34M in Q1 2011. Number of employees affected not disclosed; transition expected complete in Q3 2011. | |||
| 2011-06-30 | restructuring | completed | 2011-03-31 | Boeing Defense, Space & Security | USD 34 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | C-17 production rate decrease resulted in pension curtailment charges of $34 million in Q1 2011. Headcount reduction associated with transition to 10 aircraft per year. | ||||
| 2011-06-30 | other | in_progress | 2011-04-20 | United States | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | NLRB complaint alleging retaliation for strikes by International Association of Machinists regarding 787 assembly plant location. Hearing ongoing. | ||||
| 2011-06-30 | restructuring | completed | C-17 Program | USD 34 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reduction in headcount associated with planned production rate decrease from 15 to 10 per year resulted in pension curtailment charges of $34 million in Q1 2011. | |||||
| 2011-06-30 | other | in_progress | 2011-04-20 | South Carolina / Washington State | Commercial Airplanes | Legal Proceedings f5-10q / Qwen3.6-27B-Q8_0 | NLRB issued complaint alleging decision to build 787 final assembly plant in Charleston, SC was retaliation for strikes by IAM in Washington State. Hearing ongoing. | ||||
| 2011-03-31 | restructuring | in_progress | 2011-06-30 | United States | Boeing Defense, Space & Security — C-17 program | USD 34 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Headcount reduction tied to planned C-17 production rate decrease from 15 to 10 aircraft per year; transition expected complete by mid-2011. Employee count not disclosed; charge was pension curtailment. | |||
| 2011-03-31 | restructuring | in_progress | 2011-06-30 | United States | Boeing Defense, Space & Security — Boeing Military Aircraft (C-17 program) | USD 34 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Headcount reduction tied to planned C-17 production rate cut from 15 to 10 aircraft per year; caused pension curtailment charges of $34M. Transition expected complete by mid-2011. Number of employees affected not disclosed. | |||
| 2011-03-31 | restructuring | in_progress | 2011-06-30 | Boeing Defense, Space & Security | USD 34 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction in headcount for C-17 program resulted in pension curtailment charges of $34 million. Transition expected to be complete by mid-2011. | ||||
| 2011-03-31 | other | announced | 2011-04-20 | South Carolina | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | NLRB complaint alleging retaliation for strikes in Washington State regarding decision to build 787 assembly plant in Charleston, SC. Hearing scheduled for Q2 2011. | ||||
| 2011-03-31 | other | announced | 2011-04-20 | United States | Commercial Airplanes | Legal Proceedings f5-10q / Qwen3.6-27B-Q8_0 | NLRB issued complaint alleging retaliation for strikes in Washington State regarding 787 assembly plant location in South Carolina. | ||||
| 2011-03-31 | restructuring | in_progress | 2011-06-30 | United States | Boeing Defense, Space & Security | USD 34 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | C-17 production rate decrease from 15 to 10 per year resulted in headcount reduction and pension curtailment charges of $34 million. | |||
| 2010-12-31 | acquisition_addition | completed | 2010-08-05 | 2010-08-05 | Network & Space Systems (goodwill also allocated to Global Services & Support and Boeing Military Aircraft) | USD 782 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Headcount added via the acquisition is not disclosed; purchase price of $782 million net of cash acquired shown for context only. | |||
| 2010-12-31 | acquisition_addition | completed | 2010-08-05 | 2010-08-05 | United States | Network & Space Systems | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Argon ST for $782 million net of cash acquired; headcount added not disclosed. Goodwill recorded across N&SS, GS&S and BMA segments. | |||
| 2010-09-30 | acquisition_addition | completed | 2010-08-05 | United States | Network & Space Systems (Boeing Defense, Space & Security) | USD 782 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Argon ST, Inc. for $782 million net of cash acquired; purchase price allocation includes goodwill of $531 million. No employee headcount for the acquired workforce is disclosed. | |||
| 2010-09-30 | plant_closure | in_progress | 2010-08-27 | Mexico | Boeing Capital Corporation (717 aircraft fleet) | USD 81 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Termination of all 25 leases with Click (Mexicana affiliate) after non-payment; Click ceased operations and filed for bankruptcy. $81 million net impairment charge on certain 717 aircraft recorded in the Other segment. No employee counts disclosed. | |||
| 2010-09-30 | restructuring | in_progress | 2010-03-01 | 2011-06-30 | United States | Boeing Military Aircraft | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Production rate reduction for C-17 aircraft from 15 to 10 per year announced in Q1 2010; transition expected to be complete by mid-2011. No specific headcount reduction disclosed. | |||
| 2010-09-30 | acquisition_addition | completed | 2010-08-05 | 2010-08-05 | United States | Network & Space Systems | USD 782 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Argon ST, Inc. for $782 million. No headcount disclosed. | ||
| 2010-06-30 | other | completed | United States | Boeing Defense, Space & Security - Boeing Military Aircraft (C-17 program) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | A labor strike occurred in the second quarter of 2010 that reduced C-17 aircraft deliveries; no headcount or financial impact quantified. | |||||
| 2010-06-30 | other | in_progress | United States | Boeing Defense, Space & Security — Boeing Military Aircraft (C-17 program) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | MD&A attributes lower C-17 deliveries in Q2 2010 to a labor strike; no employee count, dates, or charge disclosed. | |||||
| 2010-06-30 | acquisition_addition | announced | 2010-06-30 | 2010-09-30 | United States | Boeing Defense, Space & Security — Network & Space Systems (new division) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Argon ST, Inc. at $34.50/share, approx. $775M net of cash; no headcount disclosed; expected to close by end of Q3 2010. | |||
| 2010-06-30 | other | in_progress | 2010-06-30 | United States | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Labor strike in the second quarter of 2010 resulted in fewer C-17 deliveries. | ||||
| 2010-06-30 | acquisition_addition | announced | 2010-06-30 | 2010-09-30 | United States | Boeing Defense, Space & Security | USD 775 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Agreement to acquire Argon ST, Inc. for approximately $775 million, net of cash acquired. Expected to close by end of third quarter 2010. | ||
| 2010-06-30 | other | in_progress | United States | Boeing Military Aircraft | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Labor strike in the second quarter of 2010 resulted in fewer C-17 deliveries. | |||||
| 2010-06-30 | acquisition_addition | announced | 2010-06-30 | 2010-09-30 | Network & Space Systems | USD 775 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Agreement to acquire Argon ST, Inc. for approx. $775 million. Headcount not disclosed. | |||
| 2009-12-31 | acquisition_addition | completed | 2009-07-30 | United States (North Charleston, South Carolina) | Commercial Airplanes | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired Vought's 787 aft-fuselage business; cash consideration of $590 million plus release of $416 million of advances previously made. Headcount added through the transaction not disclosed. | ||||
| 2009-12-31 | acquisition_addition | completed | 2009-12-22 | United States (Charleston, South Carolina) | Commercial Airplanes | MD&A f5-10k / GLM-5.3-flash-HTML | Acquired Alenia North America's 50% interest in Global Aeronautica, integrator of 787 mid-fuselage sections, making Boeing sole owner; resulting headcount addition not disclosed. | ||||
| 2009-09-30 | acquisition_addition | completed | 2009-07-30 | United States (North Charleston, South Carolina) | Commercial Airplanes | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Vought's 787 aft fuselage business; $592 cash consideration plus release of $416 advances. No headcount transferred disclosed. | ||||
| 2009-09-30 | other | announced | 2009-09-30 | United States | Integrated Defense Systems — C-17 program | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer states it is reasonably possible it will decide in 2009 to end C-17 production absent additional orders; supplier work already directed on 23 aircraft beyond backlog, with ~$425 inventory/termination exposure. No employee count disclosed; conditional, not yet executed. | ||||
| 2009-09-30 | acquisition_addition | completed | 2009-07-30 | North Charleston, South Carolina | Commercial Airplanes | USD 592 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Vought Aircraft Industries' 787 business. Headcount not disclosed. | |||
| 2009-09-30 | acquisition_addition | completed | 2009-07-30 | North Charleston, South Carolina | Commercial Airplanes | USD 592 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Vought Aircraft Industries' 787 business. Headcount not disclosed. | |||
| 2009-09-30 | other | completed | United States | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reference to '2008 IAM strike' impacting infrastructure costs. No current quarter strike activity or headcount impact disclosed. | |||||
| 2009-03-31 | other | completed | 2008-01-01 | United States | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Filing references 'infrastructure costs incurred during the 2008 IAM strike' as a factor reducing earnings. No specific headcount or severance charge is disclosed for this event in the current quarter. | ||||
| 2008-12-31 | other | completed | Commercial Airplanes; certain Boeing Military Aircraft programs | MD&A f5-10k / GLM-5.3-flash-HTML | Work stoppage by the International Association of Machinists halted commercial aircraft and certain BMA production during Q3–Q4 2008. Filing states 104 fewer airplane deliveries, reducing 2008 revenue by approximately $6.4 billion. IAM represented about 19% of employees; number of striking employees not disclosed. | ||||||
| 2008-12-31 | plant_closure | announced | Boeing Military Aircraft — C-17 Globemaster program | other f5-10k / GLM-5.3-flash-HTML | Contingent action: company disclosed it was reasonably possible it would decide in 2009 to complete C-17 production if additional orders did not materialize; inventory expenditures and potential supplier termination liabilities of approximately $720 million at year-end. USAF placed 15 aircraft on contract February 6, 2009, supporting continuation. No affected-employee count disclosed. | ||||||
| 2008-12-31 | acquisition_addition | completed | Multiple segments (goodwill additions in Commercial Airplanes, BMA, N&SS, GS&S) | USD 964 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Nine acquisitions completed during 2008 (five purchase-price allocations finalized; four closed in Q4 2008). Associated value is acquisition spending net of cash acquired, not a severance charge. Employee headcount added through the acquisitions was not disclosed. | |||||
| 2008-12-31 | other | completed | United States | Commercial Airplanes; Boeing Military Aircraft | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | IAM labor strike halted commercial aircraft and certain BMA production during 2008; 104 airplane deliveries shifted out of 2008, reducing 2008 revenues by approximately $6.4 billion. Number of employees affected not disclosed; strike dates not stated in filing. | |||||
| 2008-12-31 | acquisition_addition | completed | Commercial Airplanes; Boeing Military Aircraft; Network and Space Systems; Global Services and Support | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Nine acquisitions completed during 2008 added $601 million of goodwill across segments; acquired headcount not disclosed. | ||||||
| 2008-12-31 | plant_closure | announced | United States | Boeing Military Aircraft — C-17 Globemaster production | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filing states it is reasonably possible a decision will be made in 2009 to complete C-17 production if additional orders do not materialize; approximately $720 million of inventory and potential supplier termination liabilities at year-end; headcount impact not quantified. | |||||
| 2008-12-31 | other | completed | 2008-01-01 | 2008-12-31 | United States | Commercial Airplanes | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | IAM strike halted commercial aircraft production during 2008. 104 fewer airplanes delivered than expected. | |||
| 2008-09-30 | other | in_progress | 27,000 | 2008-09-06 | Washington, Oregon and Kansas | Commercial Airplanes; certain Boeing Military Aircraft programs | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | IAM-represented employees struck on September 6, 2008 after failure to reach a new collective bargaining agreement; commercial aircraft production ceased and certain BMA programs were adversely impacted. | |||
| 2008-09-30 | other | in_progress | 27,000 | 2008-09-06 | Washington, Oregon, Kansas (United States) | Commercial Airplanes; certain Boeing Military Aircraft programs | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | IAM strike began 2008-09-06 after failure to reach a new collective bargaining agreement; covered nearly 27,000 employees. Production ceased and certain BMA programs were adversely impacted. | |||
| 2008-09-30 | other | in_progress | 27,000 | 2008-09-06 | Washington, Oregon, and Kansas | Commercial Airplanes and Boeing Military Aircraft | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Strike by employees represented by the International Association of Machinists and Aerospace Workers (IAM) commenced on September 6, 2008, due to failure to reach agreement on a new collective bargaining agreement. Commercial aircraft production ceased and certain Boeing Military Aircraft programs were adversely impacted. | |||
| 2008-09-30 | other | in_progress | 27,000 | 2008-09-06 | Washington, Oregon and Kansas | Commercial Airplanes and Boeing Military Aircraft | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Strike by employees represented by the International Association of Machinists and Aerospace Workers (IAM) due to failure to reach agreement on a new collective bargaining agreement. Production ceased on September 6, 2008. | |||
| 2006-12-31 | restructuring | in_progress | 2006-08-17 | 2007 | Other segment — Connexion by Boeing high speed broadband communications business | USD 320 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Complete exit/shutdown of the Connexion by Boeing business. $320M pre-tax charge comprises $142M contract termination costs, $492M asset write-offs and $(314)M early contract terminations; $177M of cash spent during 2006. Roughly $52M of termination costs remained payable in 2007 to complete the shutdown; employee headcount affected not disclosed. | |||
| 2006-12-31 | acquisition_addition | completed | 2006-09-20 | 2006-09-20 | Commercial Airplanes and IDS Support Systems | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired all outstanding shares of Aviall, Inc. (independent provider of new aviation parts and services) for $1,780M including $46M of transaction fees, under the purchase method; results consolidated from the acquisition date. Headcount added through the acquisition was not disclosed. | ||||
| 2006-12-31 | restructuring | completed | 2005-01-12 | 2006-06 | Commercial Airplanes — 717 program | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Program production shutdown rather than a single facility closure. Decision announced Jan 12, 2005 to complete 717 production during 2006 due to lack of market demand; final aircraft delivered in Q2 2006, completing the wind-down. Related termination liabilities declined from $304M to $57M during 2006, including $201M of payments; the severance component was reduced by $11M to a $9M year-end balance. Employees affected not disclosed. | ||||
| 2006-12-31 | restructuring | completed | 2006-08-17 | 2006-12-31 | Global | Other segment — Connexion by Boeing | USD 320 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit of high-speed broadband business; $320 pre-tax charge comprising $142 contract termination, $492 asset write-off, $(314) early lease terminations. $52 remained accrued at year-end for 2007 payments; $177 cash spent in 2006. No employee count disclosed. | ||
| 2006-12-31 | acquisition_addition | completed | 2006-09-20 | 2006-09-20 | United States | Commercial Airplanes and IDS Support Systems | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | All-cash acquisition of aviation parts distributor for $1,780 including $46 transaction fees; acquired headcount not disclosed. | |||
| 2006-12-31 | other | completed | 2006-12-01 | 2006-12-01 | United States | Network and Space Systems — Delta launch operations | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | 50/50 JV with Lockheed Martin combining Delta and Atlas launch operations; Boeing contributed $1,609 assets and $695 liabilities. Workforce transferred to JV not quantified; N&SS 2007 revenues expected to decline. | |||
| 2006-12-31 | plant_closure | completed | 2005-01-12 | 2006-06-30 | United States | Commercial Airplanes — 717 program | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Production completed in 2006 due to lack of market demand; final delivery Q2 2006. Termination liability for 717 and 757 programs combined was $57 at Dec 31, 2006 (from $304 at Dec 31, 2005, with $201 of payments during 2006). Announcement predates fiscal year; completion fell within FY2006. | |||
| 2006-12-31 | other | in_progress | 2006-01-01 | United States | Integrated Defense Systems — organizational realignment | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | IDS realigned into three capabilities-driven businesses (PE&MS, N&SS, Support Systems) effective January 1, 2006, with certain advanced systems and R&D activities transferred from the Other segment. No headcount impact disclosed. | ||||
| 2006-12-31 | restructuring | completed | 2006-08-01 | Global | Other (Connexion by Boeing) | USD 320 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Exit of Connexion by Boeing business. Pre-tax charge of $320 million recorded in Q3 2006. Includes contract termination costs, asset write-offs, and early contract terminations. Specific headcount not disclosed. | |||
| 2006-12-31 | acquisition_addition | completed | 2006-09-20 | Global | Commercial Airplanes / Support Systems | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Aviall, Inc. on September 20, 2006. Aviall is an independent provider of new aviation parts and services. Specific headcount added not disclosed. | ||||
| 2006-12-31 | acquisition_addition | completed | 2006-09-20 | 2006-09-20 | Global | Commercial Airplanes; IDS Support Systems | USD 1,780 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquired Aviall, Inc. for $1,780 million. Headcount not explicitly disclosed in note. | ||
| 2006-12-31 | restructuring | completed | 2006-07-01 | 2006-12-31 | United States | Other (Connexion by Boeing) | USD 320 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Exit of Connexion by Boeing business. Pre-tax charge of $320 million. Employee count not disclosed. | ||
| 2006-12-31 | plant_closure | completed | 2005-01-12 | 2006-06-30 | United States | Commercial Airplanes (717 Program) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Production of 717 aircraft completed in Q2 2006 due to lack of market demand. Termination liabilities of $57 million remaining at year-end (Note 23). | |||
| 2006-09-30 | plant_closure | completed | 2005-01-12 | 2006-06-30 | Commercial Airplanes — 717 program | USD 380 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Production of the 717 completed due to lack of market demand; final aircraft delivered in Q2 2006. Total pre-tax charges of approximately $380 million, of which $280 million was recorded in 2004. Supplier termination liability decreased from $242 million to $128 million during the nine months ended September 30, 2006. No employee counts disclosed. | |||
| 2006-09-30 | plant_closure | completed | 2004-10-01 | 2005-06-30 | Commercial Airplanes — 757 program | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Production of the 757 ended in October 2004; last aircraft delivered in Q2 2005. Vendor termination liability decreased to $19 million from $62 million during the nine months ended September 30, 2006. No further charges expected. No employee counts disclosed. | ||||
| 2006-09-30 | restructuring | in_progress | 2006-08-17 | 2006-12-31 | Other segment — Connexion by Boeing business | USD 280 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Exit of the Connexion by Boeing high-speed broadband communications business. Pre-tax charge of up to $320 million, of which $280 million recognized in Q3 2006 (contract termination costs $101M, asset write-offs $491M, early contract terminations $(312)M). Additional termination charges of up to $40 million possible in Q4 2006. Cash expenditures of approximately $229 million expected, $98 million spent in Q3 2006. No employee counts disclosed. | |||
| 2006-09-30 | divestiture_reduction | completed | 2005-07-01 | 2005-09-30 | Network and Space Systems — Rocketdyne business | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Rocketdyne business divested in Q3 2005 (prior year), generating a $569 million net gain; affects year-over-year comparisons. No employee counts disclosed. | ||||
| 2006-09-30 | acquisition_addition | completed | 2006-09-20 | 2006-09-20 | Commercial Airplanes and IDS Support Systems — Aviall, Inc. | USD 1,780 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired all outstanding shares of Aviall, Inc. for $1,780 million including $46 million of transaction fees. Purchase price allocation disclosed but no employee headcount added through the acquisition is disclosed. | |||
| 2006-09-30 | restructuring | in_progress | 2006-08-17 | 2007-03-31 | Global | Other (Connexion by Boeing) | USD 280 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit of Connexion broadband business; $280M of up-to-$320M pre-tax charge recognized in Q3 2006, with up to $40M more expected in Q4 2006. No employee count disclosed; $229M expected cash outflows for contract terminations. | ||
| 2006-09-30 | acquisition_addition | completed | 2006-09-20 | 2006-09-20 | United States | Commercial Airplanes; IDS Support Systems | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Aviall, Inc. acquired 2006-09-20 for $1,780M including $46M transaction fees; results consolidated from acquisition date. No headcount added disclosed. | |||
| 2006-09-30 | plant_closure | completed | 2005-01-12 | 2006-06-30 | United States | Commercial Airplanes (717 program) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 717 production completed in Q2 2006; total pre-tax charges of approximately $380M ($280M in 2004). Vendor termination liability of $128M remains; no employee count disclosed. | |||
| 2006-09-30 | restructuring | in_progress | 2006-08-17 | Connexion by Boeing | USD 280 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Exit of Connexion by Boeing business resulted in $280 million pre-tax charge in Q3 2006. Total expected pre-tax charge up to $320 million. Employee count not disclosed. | ||||
| 2006-09-30 | restructuring | in_progress | 2005-01-12 | 717 Program | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Decision to complete 717 production in 2006. Total pre-tax charges approx $380 million. Vendor termination liability decreased during the period. Employee count not disclosed. | |||||
| 2006-09-30 | restructuring | completed | 757 Program | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Production ended in Oct 2004. Last aircraft delivered Q2 2005. Vendor termination liability decreased. No further charges expected. Employee count not disclosed. | ||||||
| 2006-09-30 | restructuring | in_progress | 2006-08-17 | 2007-03-31 | Global | Other (Connexion by Boeing) | USD 280 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Exit from Connexion by Boeing high speed broadband communications business. $280 million charge recorded in Q3 2006. Additional charges up to $40 million expected in Q4 2006. Cash expenditures of $229 million expected, with $98 million expended in Q3 2006. | ||
| 2006-09-30 | plant_closure | completed | 2005-01-12 | 2006-06-30 | United States | Commercial Airplanes (717 Program) | USD 380 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Completion of 717 production due to lack of market demand. Total pre-tax charges of approximately $380 million. Final 717 delivered in Q2 2006. Remaining termination liability decreased during the period. | ||
| 2006-09-30 | plant_closure | completed | 2005-06-30 | United States | Commercial Airplanes (757 Program) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Production of 757 program ended in October 2004. Last aircraft delivered in Q2 2005. No further charges expected. | ||||
| 2006-09-30 | acquisition_addition | completed | 2006-09-20 | 2006-09-20 | Global | Commercial Airplanes and Integrated Defense Systems (Support Systems) | USD 1,780 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Aviall, Inc. for $1,780 million including transaction fees. Aviall is an independent provider of new aviation parts and services. | ||
| 2006-06-30 | plant_closure | completed | 2005-01-12 | 2006-12-31 | Commercial Airplanes — 717 program | USD 380 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Decision to complete 717 production during 2006 due to lack of market demand; final aircraft delivered in Q2 2006. Total pre-tax charges of approximately $380 million, of which $280 million was recorded in 2004; remaining balance includes $60 million pension and $40 million shutdown expenses. Cash expenditures of $380 million expected through 2009. Employee headcount affected not disclosed. Severance liability of $14 million remained at June 30, 2006 (from $19 million at December 31, 2005, after $7 million of payments and $2 million increase in estimate). | |||
| 2006-06-30 | plant_closure | completed | 2003-10-01 | 2005-06-30 | Commercial Airplanes — 757 program | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Production ended October 2004; last aircraft delivered Q2 2005. Vendor termination liability decreased from $62 million to $21 million during the six months ended June 30, 2006 due to $74 million of payments offset by a $33 million increase in estimate. No future charges related to the 757 program expected. Employee headcount affected not disclosed. | ||||
| 2006-06-30 | other | announced | 2006-06-26 | Other segment — Connexion by Boeing high-speed broadband communications business | USD 350 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company announced acceleration of evaluation of options for the future of the Connexion by Boeing business; commercial expansion of the service limited in the meantime. Evaluation could reasonably possibly lead to pre-tax charges up to $350 million in the second half of 2006. No headcount figures disclosed. | ||||
| 2006-06-30 | acquisition_addition | announced | 2006-05-01 | 2006-09-30 | Boeing Commercial Aviation Services (CAS) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Aviall, Inc. in an all-cash merger at $48 per share (~$1.7 billion), plus assumption of approximately $350 million of Aviall debt as of 2006-03-31; expected to close before the end of Q3 2006. Headcount added through the acquisition is not disclosed in this filing. | ||||
| 2006-06-30 | plant_closure | completed | 2005-01-12 | 2006-06-30 | United States | Commercial Airplanes — 717 program | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision to complete 717 production during 2006; final 717 aircraft delivered in Q2 2006. Total pre-tax program charges of approximately $380 million (of which $280 million was recorded in 2004). Remaining vendor termination liability of $166 million includes $14 million of severance at 2006-06-30 (payments of $7 million in the six months ended 2006-06-30). Number of employees affected is not disclosed. | |||
| 2006-06-30 | restructuring | in_progress | 2005-01-12 | 2006-12-31 | United States | Commercial Airplanes | USD 7 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 717 program termination. $7 million expensed in six months ended June 30, 2006. Total pre-tax charges approx $380 million. | ||
| 2006-06-30 | restructuring | completed | 2003-09-30 | 2005-06-30 | United States | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 757 program termination. Production ended Oct 2004. Last aircraft delivered Q2 2005. No future charges expected. | |||
| 2006-06-30 | acquisition_addition | announced | 2006-05-01 | 2006-09-30 | United States | Commercial Airplanes | USD 1,700 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Aviall, Inc. for $1.7 billion. Expected to close Q3 2006. Headcount not disclosed. | ||
| 2006-03-31 | plant_closure | in_progress | 2005-01-12 | 2006-06-30 | Commercial Airplanes — 717 program | USD 380 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Decision to complete 717 production in 2006 due to lack of market demand; total pre-tax charges ~$380M, of which $280M was recorded in Q4 2004. Termination liability of $236M at March 31, 2006 (supplier termination $174M, production disruption/shutdown $3M, pension/postretirement $43M, severance $16M). Last aircraft expected to be delivered in Q2 2006; cash expenditures of $380M expected through 2009. No employee headcount disclosed. | |||
| 2006-03-31 | plant_closure | completed | 2003-08-31 | 2005-06-30 | Commercial Airplanes — 757 program | USD 32 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 757 production ended October 2004; last aircraft delivered Q2 2005. During Q1 2006 the remaining vendor termination liability was increased from $62M to $94M due to a $32M change in estimate. No future charges related to the 757 program are expected. No employee headcount disclosed. | |||
| 2006-03-31 | plant_closure | announced | 2006-12-31 | Commercial Airplanes — 767 program | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Filer states it is reasonably possible a decision to complete 767 production could be made in 2006 given diminished prospects for the USAF tanker contract; a forward loss is not expected but program margins would be reduced. No workforce action has been taken; no headcount or charge disclosed. | |||||
| 2006-03-31 | plant_closure | in_progress | 2005-01-12 | 2006-06-30 | United States | Commercial Airplanes — 717 program | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Production of the 717 to be completed in 2006; last delivery expected Q2 2006. Total pre-tax charges approximately $380M ($280M taken in Q4 2004; remainder primarily $60M pension and $40M shutdown expense, $7M expensed in 2005). Termination liability at 3/31/2006 totaled $236M, including a $16M severance component. No employee headcount impact disclosed. | ||
| 2006-03-31 | divestiture_reduction | completed | United States | Commercial Airplanes — Wichita, KS; Tulsa and McAlester, OK facilities; Rocketdyne and Electron Dynamic Devices businesses | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Facility and business sales occurred in 2005 with indefinite-term indemnifications to buyers; no headcount transferred or removed disclosed in this filing. Included for completeness; no employee counts stated. | |||||
| 2006-03-31 | restructuring | in_progress | 2005-01-12 | 2006-06-30 | Commercial Airplanes | USD 40 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Decision to complete production of 717 airplane. Total pre-tax charges approx $380M. $280M recognized in 2004. Remaining balance includes $60M pension and $40M shutdown expenses. $7M expensed in 2005; remaining balance expensed as incurred. Last aircraft expected delivered Q2 2006. | |||
| 2006-03-31 | restructuring | completed | 2003-09-30 | 2005-06-30 | Commercial Airplanes | USD 32 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 757 program production ended Oct 2004. Vendor termination liability increased from $62M to $94M due to $32M change in estimate in Q1 2006. No future charges expected. | |||
| 2005-12-31 | other | completed | Commercial Airplanes and IDS production | MD&A f5-10k / GLM-5.3-flash-HTML | IAM work stoppage during 2005 halted commercial aircraft and IDS production, cutting deliveries by 29 airplanes and revenue by roughly $2 billion. Item 1 states negotiations with the largest IAM unit concluded during 2005, with major agreements expiring May 2007 and September 2008. | ||||||
| 2005-12-31 | plant_closure | in_progress | 2005-01-12 | 2006-06-30 | Commercial Airplanes — 717 program | USD 380 (millions) | other f5-10k / GLM-5.3-flash-HTML | Decision to end 717 production announced January 12, 2005 due to lack of market demand; total expected pre-tax charges of ~$380M include $280M recognized in 2004 results and $7M expensed in 2005. Year-end 2005 termination liability of $242M includes severance of $19M and pension/postretirement of $43M; cash expenditures expected through 2009 and final delivery in Q2 2006. Affected headcount not disclosed. | |||
| 2005-12-31 | divestiture_reduction | completed | 2005-06-16 | Wichita, Kansas; Tulsa and McAlester, Oklahoma | Commercial Airplanes | USD 287 (millions) | other f5-10k / GLM-5.3-flash-HTML | Sale of substantially all facility assets to Spirit Aerosystems (owned by Onex Partners) completed June 16, 2005 for ~$900M cash; consolidated net loss of $287M including pension and postretirement impacts. Transferred employee headcount not disclosed. | |||
| 2005-12-31 | divestiture_reduction | completed | 2005-08-02 | California, Alabama, Mississippi, Florida | IDS — Launch and Orbital Systems (Rocketdyne Propulsion and Power) | USD 200 (millions) | other f5-10k / GLM-5.3-flash-HTML | Sale to United Technologies completed August 2, 2005 for ~$700M cash, generating a net pre-tax gain of ~$578M in L&OS; a related $200M pre-tax loss for pension and postretirement curtailments/settlements was recorded in Q4 2005 in the Other segment. Headcount not disclosed. | |||
| 2005-12-31 | divestiture_reduction | completed | 2005-02-28 | IDS — Launch and Orbital Systems (Electron Dynamic Devices Inc.) | USD 68 (millions) | other f5-10k / GLM-5.3-flash-HTML | Stock sale to L-3 Communications completed February 28, 2005; produced a $25M net pre-tax gain in L&OS and a related $68M pre-tax loss for pension and postretirement curtailments and settlements. Headcount not disclosed. | ||||
| 2005-12-31 | other | completed | United States | Commercial Airplanes; Integrated Defense Systems | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | IAM strike during 2005 halted commercial aircraft and IDS production; 29 fewer airplanes delivered, reducing revenue by approximately $2 billion. No employee count or severance disclosed. | |||||
| 2005-12-31 | divestiture_reduction | completed | 2005-02-28 | United States | Launch and Orbital Systems | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Stock sale of Electron Dynamic Devices Inc. to L-3 Communications completed February 28, 2005; headcount not disclosed. | ||||
| 2005-12-31 | divestiture_reduction | completed | 2005-06-16 | United States | Commercial Airplanes | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of substantially all assets at Wichita, Kansas and Tulsa and McAlester, Oklahoma facilities to Spirit Aerosystems, Inc.; headcount not disclosed. | ||||
| 2005-12-31 | divestiture_reduction | completed | 2005-08-02 | United States | Launch and Orbital Systems | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Rocketdyne Propulsion and Power business to United Technologies for approximately $700 million cash; headcount not disclosed. | ||||
| 2005-12-31 | plant_closure | in_progress | 2005-01-12 | 2006-06-30 | United States | Commercial Airplanes — 717 program | USD 380 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision announced January 12, 2005 to complete 717 production in 2006; total pre-tax charges of approximately $380 million, of which $280 million was recorded in 2004. Cash expenditures of $380 million expected through 2009. Employees affected not disclosed. | ||
| 2005-12-31 | restructuring | announced | 2006-01-27 | United States | Integrated Defense Systems | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post-year-end announcement (January 27, 2006) to consolidate four IDS segments into three capability-based businesses plus a new Advanced Systems unit; headcount impact not disclosed. | ||||
| 2005-12-31 | divestiture_reduction | completed | 2005-06-16 | 2005-06-16 | United States | Commercial Airplanes | Item 1. Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of substantially all assets at Commercial Airplanes facilities in Wichita, Kansas and Tulsa and McAlester, Oklahoma to Spirit Aerosystems, Inc. Employee count not explicitly disclosed. | |||
| 2005-12-31 | divestiture_reduction | completed | 2005-08-02 | 2005-08-02 | United States | Integrated Defense Systems | Item 7. MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Rocketdyne business to United Technologies Corporation. Employee count not explicitly disclosed. | |||
| 2005-12-31 | divestiture_reduction | completed | 2005-02-28 | 2005-02-28 | United States | Integrated Defense Systems | Item 7. MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Stock sale of Electron Dynamic Devices Inc. (EDD) to L-3 Communications. Employee count not explicitly disclosed. | |||
| 2005-12-31 | plant_closure | completed | 2005-06-16 | 2005-06-16 | United States (Wichita, Kansas; Tulsa and McAlester, Oklahoma) | Commercial Airplanes | USD 287 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of substantially all assets at Commercial Airplanes facilities to Spirit Aerosystems. Consolidated net loss of $287 million including pension and postretirement impacts. | ||
| 2005-12-31 | divestiture_reduction | completed | 2005-08-02 | 2005-08-02 | United States (California, Alabama, Mississippi, Florida) | Launch and Orbital Systems | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of Rocketdyne business to United Technologies Corporation. Recorded pre-tax loss of $200 million for estimated pension and postretirement curtailments and settlements. | |||
| 2005-12-31 | divestiture_reduction | completed | 2005-02-28 | 2005-02-28 | United States | Launch and Orbital Systems | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Stock sale of Electron Dynamic Devices Inc. (EDD) to L-3 Communications. Recorded pre-tax loss of $68 million for net pension and other postretirement benefit curtailments and settlements. | |||
| 2005-12-31 | other | completed | 2005 | 2005 | United States | Commercial Airplanes | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | IAM strike halted commercial aircraft production. Delivered 29 fewer airplanes than expected, reducing revenue by approximately $2 billion. | |||
| 2005-09-30 | other | completed | 19,000 | 2005-09-01 | 2005-09-29 | Seattle area, Wichita, Kansas and Portland, Oregon | Commercial Airplanes | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | IAM strike halted commercial aircraft production from September 1, 2005; new collective bargaining agreement reached September 29, 2005. 21 fewer airplane deliveries, ~$1.5 billion revenue decline for the nine months ended September 30, 2005 | ||
| 2005-09-30 | plant_closure | in_progress | 2005-01-12 | 2006-12-31 | Commercial Airplanes — 717 Program | USD 380 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Production of 717 to conclude in 2006 due to lack of market demand; $280 million charged in 2004, remaining balance primarily $60 million pension and $40 million shutdown expenses expensed as incurred; termination liability of $237 million at September 30, 2005 including $16 million severance; cash expenditures of ~$380 million expected 2005-2009 | |||
| 2005-09-30 | divestiture_reduction | completed | 2005-02-22 | 2005-06-16 | Wichita, Kansas; Tulsa and McAlester, Oklahoma | Commercial Airplanes | USD 294 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Commercial Airplanes facilities to Onex Partners (Spirit) closed June 16, 2005; consolidated net loss of $294 million including pension and postretirement impacts; headcount transferred not disclosed | ||
| 2005-09-30 | divestiture_reduction | completed | 2005-08-02 | 2005-08-02 | California, Alabama, Mississippi, Florida | Integrated Defense Systems — Launch and Orbital Systems (Rocketdyne) | USD 582 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Rocketdyne Propulsion and Power to United Technologies closed August 2, 2005; net pre-tax gain of ~$582 million recorded in Q3 2005; related pre-tax loss of $192 million for pension/postretirement curtailments expected in Q4 2005; headcount transferred not disclosed | ||
| 2005-09-30 | divestiture_reduction | completed | 2005-02-28 | 2005-02-28 | Integrated Defense Systems — Launch and Orbital Systems (EDD) | USD 25 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Stock sale of Electron Dynamic Devices Inc. to L-3 Communications completed February 28, 2005; net pre-tax gain of $25 million; related pre-tax loss of $68 million for pension/postretirement curtailments; headcount transferred not disclosed | |||
| 2005-09-30 | other | completed | 19,000 | 2005-09-01 | 2005-09-29 | Seattle area, Wichita (Kansas), Portland (Oregon), United States | Commercial Airplanes | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | IAM strike halted commercial aircraft production Sept 1-29, 2005 over pension and health care benefits; new collective bargaining agreement reached Sept 29, 2005. The 19,000 figure is IAM membership covered by the new agreement (12.5% of employees in those locations), not a disclosed count of striking workers. Strike reduced revenue by approximately $1.5 billion and delayed 21 deliveries. | ||
| 2005-09-30 | divestiture_reduction | completed | 2005-02-22 | 2005-06-16 | Wichita, Kansas; Tulsa and McAlester, Oklahoma, United States | Commercial Airplanes | USD 294 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of substantially all assets at Commercial Airplanes facilities to Onex Partners LP (Spirit Aerosystems); headcount transferred not disclosed. Consolidated net loss of $294 million includes pension and postretirement impacts; $110 million recorded in Gain on dispositions, net and $184 million of curtailment/settlement loss recorded in the Other segment. | ||
| 2005-09-30 | divestiture_reduction | completed | 2005-08-02 | California, Alabama, Mississippi and Florida, United States | Integrated Defense Systems — Launch and Orbital Systems | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Rocketdyne Propulsion and Power to United Technologies Corporation for approximately $700 million cash; headcount transferred not disclosed. Net pre-tax gain of approximately $582 million recorded in Q3 2005; a related pre-tax loss of $192 million for pension and postretirement curtailments/settlements is expected in Q4 2005. Announcement date not stated in filing; only the August 2, 2005 closing date is given. | ||||
| 2005-09-30 | divestiture_reduction | completed | 2005-02-28 | United States | Integrated Defense Systems — Launch and Orbital Systems | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock sale of Electron Dynamic Devices Inc. to L-3 Communications; headcount transferred not disclosed. Net pre-tax gain of $25 million recorded in L&OS, with a related pre-tax loss of $68 million for pension and postretirement curtailments/settlements in Accounting differences/eliminations. Announcement date not stated in filing. | ||||
| 2005-09-30 | restructuring | in_progress | 2005-01-12 | 2006-12-31 | United States | Commercial Airplanes — 717 program | USD 380 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision to conclude 717 production in 2006; total pre-tax charges of approximately $380 million, of which $280 million was recorded in Q4 2004, with the remaining balance primarily $60 million pension and $40 million shutdown expenses expensed as incurred. Cash expenditures of approximately $380 million expected 2005-2009. No employee count disclosed; termination liability roll-forward totals $237 million at Sept 30, 2005. | ||
| 2005-09-30 | other | completed | 19,000 | 2005-09-01 | 2005-09-29 | Seattle, Wichita, Portland | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Strike by IAM members ceased production for one month. Agreement reached on Sept 29, 2005. Approximately 19,000 employees affected. | ||
| 2005-09-30 | divestiture_reduction | completed | 2005-02-22 | 2005-06-16 | Wichita, Kansas; Tulsa and McAlester, Oklahoma | Commercial Airplanes | USD 294 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of substantially all assets at Commercial Airplanes facilities to Spirit Aerosystems. Consolidated net loss of $294 million including pension/postretirement impacts. Employee count not explicitly disclosed. | ||
| 2005-09-30 | divestiture_reduction | completed | 2005-08-02 | California, Alabama, Mississippi, Florida | Integrated Defense Systems (Launch and Orbital Systems) | USD 582 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Rocketdyne business to United Technologies. Net pre-tax gain of $582 million. Expected related pre-tax loss of $192 million for pension/postretirement curtailments in Q4 2005. Employee count not explicitly disclosed. | |||
| 2005-09-30 | divestiture_reduction | completed | 2005-02-28 | Integrated Defense Systems (Launch and Orbital Systems) | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Stock sale of Electron Dynamic Devices Inc. (EDD) to L-3 Communications. Net pre-tax gain of $25 million. Related pre-tax loss of $68 million for pension/postretirement curtailments. Employee count not explicitly disclosed. | ||||
| 2005-09-30 | restructuring | in_progress | 2005-01-12 | 2006-12-31 | Commercial Airplanes | USD 380 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Decision to conclude production of 717 program in 2006. Total pre-tax charges of approx $380 million. Remaining balance of $100 million ($60M pension, $40M shutdown) to be expensed as incurred through 2009. Employee count not explicitly disclosed. | |||
| 2005-09-30 | other | completed | 19,000 | 12.5% | 2005-09-01 | 2005-09-29 | Seattle, Wichita, Portland | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Strike by IAM members halted production on Sept 1; agreement reached Sept 29. 21 fewer airplanes delivered. | |
| 2005-09-30 | divestiture_reduction | completed | 2005-02-22 | 2005-06-16 | Wichita, Kansas; Tulsa and McAlester, Oklahoma | Commercial Airplanes | USD 294 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of substantially all assets at Commercial Airplanes facilities to Spirit Aerosystems. Net loss of $294M including pension/postretirement impacts. Employee count not disclosed. | ||
| 2005-09-30 | divestiture_reduction | completed | 2005-08-02 | California, Alabama, Mississippi, Florida | Integrated Defense Systems (Launch and Orbital Systems) | USD 192 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Rocketdyne business to United Technologies. Estimated pre-tax loss of $192M for pension/postretirement curtailments. Employee count not disclosed. | |||
| 2005-09-30 | divestiture_reduction | completed | 2005-02-28 | Integrated Defense Systems (Launch and Orbital Systems) | USD 68 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Electron Dynamic Devices Inc. to L-3 Communications. Pre-tax loss of $68M for pension/postretirement curtailments. Employee count not disclosed. | ||||
| 2005-06-30 | plant_closure | in_progress | 2005-01-12 | 2006-12-31 | Commercial Airplanes - 717 program | USD 380 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Production of the 717 concluded due to lack of market demand; total pre-tax charges of approximately $380 million, of which $280 million was recorded in Q4 2004. Termination liability of $246 million at June 30, 2005 includes supplier termination ($172M), production disruption ($5M), pension/postretirement ($44M) and severance ($25M). Cash expenditures of approximately $380 million expected 2005 through 2009. No employee headcount disclosed. | |||
| 2005-06-30 | divestiture_reduction | completed | 2005-02-22 | 2005-06-16 | Kansas, Oklahoma (United States) | Commercial Airplanes - Wichita, Tulsa and McAlester facilities | USD 348 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Sale of substantially all assets at Commercial Airplanes facilities in Wichita, Kansas and Tulsa/McAlester, Oklahoma to Onex Partners LP (Mid-Western Aircraft Systems) closed June 16, 2005 for cash of approximately $900 million. Total expected pre-tax loss of approximately $348 million including pension and postretirement impacts; $110 million loss recorded in Q2 2005, remaining $238 million pension/postretirement curtailment loss expected in Q3 2005. No employee headcount disclosed. | ||
| 2005-06-30 | divestiture_reduction | announced | 2005-02-22 | 2005-08-31 | California, Alabama, Mississippi, Florida (United States) | Integrated Defense Systems - Rocketdyne Propulsion and Power (L&OS) | USD 575 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Rocketdyne Propulsion and Power business to United Technologies Corporation for cash proceeds of approximately $700 million. FTC cleared July 26, 2005; sale expected to close August 2005. Expected net pre-tax gain of approximately $575 million in Q3 2005, with a related pre-tax loss of $218 million for estimated pension and postretirement curtailments/settlements in Q4 2005. No employee headcount disclosed. | ||
| 2005-06-30 | divestiture_reduction | completed | 2005-02-28 | 2005-02-28 | Integrated Defense Systems - Electron Dynamic Devices Inc. (L&OS) | USD 68 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Stock sale of Electron Dynamic Devices Inc. to L-3 Communications completed February 28, 2005; gain of $25 million recorded in L&OS segment, with a related pre-tax loss of $68 million for net pension and other postretirement benefit curtailments and settlements (including a $69 million pension settlement/curtailment loss and $1 million postretirement curtailment gain). No employee headcount disclosed. | |||
| 2005-06-30 | divestiture_reduction | completed | 2005-02-22 | 2005-06-16 | United States — Wichita, Kansas; Tulsa and McAlester, Oklahoma | Commercial Airplanes | USD 110 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of substantially all assets at Wichita, Tulsa and McAlester facilities to Onex Partners (Mid-Western) closed June 16, 2005 for ~$900M cash plus assumed liabilities and long-term supply agreements. Assets/liabilities transferred were $1,037M/$97M. A pre-tax loss of $110M was recorded in Q2 2005 in Gain/(loss) on dispositions, net ($75M Commercial Airplanes; $35M Accounting differences/eliminations and Unallocated). Total expected pre-tax loss ~$348M, including $238M of pension/OPEB curtailment and settlement losses expected in Q3 2005. Buyer proceeded without all collective bargaining agreements in place. No employee count disclosed. | ||
| 2005-06-30 | divestiture_reduction | in_progress | 2005-02-22 | 2005-08-31 | United States — California, Alabama, Mississippi and Florida | Integrated Defense Systems — Launch and Orbital Systems | USD 218 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Rocketdyne Propulsion and Power to United Technologies for ~$700M cash; assets/liabilities subject to the transaction were $221M/$35M at June 30, 2005 and were classified as held for use pending FTC review. FTC cleared the transaction on July 26, 2005 (subsequent event); closing expected August 2005. Boeing expects a net pre-tax gain of ~$575M in Q3 2005 and a related pre-tax loss of $218M for pension/OPEB curtailments and settlements in Q4 2005 (pension loss $251M offset by $33M OPEB curtailment gain). No employee count disclosed. | ||
| 2005-06-30 | restructuring | in_progress | 2005-01-12 | 2006-12-31 | United States | Commercial Airplanes — 717 program | USD 25 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision announced January 12, 2005 to conclude 717 production in 2006 due to lack of market demand. Total expected pre-tax charges ~$380M, of which $280M was recorded in Q4 2004. Termination liability at June 30, 2005 totaled $246M (supplier termination $172M, pension/OPEB $44M, severance $25M, production disruption/shutdown $5M); the $25M severance figure is the charge captured here. Cash expenditures of ~$380M expected 2005-2009. No employee count disclosed. | ||
| 2005-06-30 | divestiture_reduction | completed | 2005-02-28 | United States | Integrated Defense Systems — Launch and Orbital Systems | USD 68 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock sale of Electron Dynamic Devices Inc. (EDD) to L-3 Communications completed February 28, 2005 (completed prior to this quarter but disclosed in this filing's divestitures note; announcement date not stated in this filing). Net assets sold were $46M with a $25M gain recorded in the L&OS segment, plus a net pre-tax loss of $68M for pension and OPEB curtailments/settlements recorded in Accounting differences/eliminations (pension loss $69M offset by $1M OPEB curtailment gain). No employee count disclosed. | |||
| 2005-06-30 | divestiture_reduction | completed | 2005-02-22 | 2005-06-16 | Wichita, Kansas; Tulsa and McAlester, Oklahoma | Commercial Airplanes | USD 348 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of substantially all assets at Commercial Airplanes facilities. Total pre-tax loss of $348 million includes pension/postretirement impacts. Employee count not explicitly disclosed. | ||
| 2005-06-30 | divestiture_reduction | completed | 2005-02-28 | 2005-02-28 | Not specified | Integrated Defense Systems (Launch and Orbital Systems) | USD 68 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Stock sale of Electron Dynamic Devices Inc. (EDD) to L-3 Communications. Pre-tax loss of $68 million for pension/other postretirement benefit curtailments and settlements. Employee count not explicitly disclosed. | ||
| 2005-06-30 | divestiture_reduction | announced | 2005-02-22 | 2005-08-31 | California, Alabama, Mississippi, Florida | Integrated Defense Systems (Launch and Orbital Systems) | USD 218 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Rocketdyne Propulsion and Power business to United Technologies Corporation. Expected pre-tax loss of $218 million for pension/postretirement curtailments. Transaction expected to close in August 2005. | ||
| 2005-06-30 | divestiture_reduction | completed | 2005-02-22 | 2005-06-16 | Wichita, Kansas and Tulsa and McAlester, Oklahoma | Commercial Airplanes | USD 348 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Commercial Airplanes facilities to Onex Partners. Pre-tax loss of $348 million includes pension and postretirement impacts. Employee count not disclosed. | ||
| 2005-06-30 | divestiture_reduction | completed | 2005-02-28 | 2005-02-28 | Integrated Defense Systems (Launch and Orbital Systems) | USD 68 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Stock sale of Electron Dynamic Devices Inc. (EDD) to L-3 Communications. Pre-tax loss of $68 million for pension and postretirement curtailments/settlements. Employee count not disclosed. | |||
| 2005-06-30 | divestiture_reduction | announced | 2005-02-22 | 2005-08-01 | California, Alabama, Mississippi, and Florida | Integrated Defense Systems (Launch and Orbital Systems) | USD 218 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Rocketdyne Propulsion and Power to United Technologies. Expected pre-tax loss of $218 million for pension and postretirement curtailments/settlements. Employee count not disclosed. | ||
| 2005-03-31 | plant_closure | in_progress | 2005-01-12 | 2006-12-31 | Commercial Airplanes | USD 380 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Production of the 717 concluded due to lack of market demand; $280 million of the total pre-tax charge was recorded in 2004, with $100 million in 2005 and beyond. Cash expenditures of approximately $380 million expected 2005 through 2009. No employee count disclosed. | |||
| 2005-03-31 | plant_closure | completed | 2003-10-16 | 2004-10-31 | Commercial Airplanes | USD 116 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 757 production ended in October 2004; remaining liability of $116 million primarily related to vendor penalties. No future charges expected. No employee count disclosed. | |||
| 2005-03-31 | divestiture_reduction | completed | 2005-02-28 | Launch and Orbital Systems (IDS) | USD 25 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Stock sale of Electron Dynamic Devices Inc. to L-3 Communications completed February 28, 2005; $25 million gain recorded in L&OS, with a related $68 million loss for pension and retiree medical expenses in Accounting Differences/Eliminations. No headcount disclosed. | ||||
| 2005-03-31 | divestiture_reduction | announced | 2005-02-22 | 2005-12-31 | California, Alabama, Mississippi, Florida | Launch and Orbital Systems (IDS) | USD 330 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Rocketdyne Propulsion and Power business to United Technologies Corporation under asset purchase agreement; pending FTC second request. Estimated pre-tax gain of approximately $330 million including estimated pension and postretirement effects. Assets and liabilities subject to the transaction were $236 million and $50 million. No headcount disclosed. | ||
| 2005-03-31 | divestiture_reduction | announced | 2005-02-22 | 2005-12-31 | Wichita, Kansas; Tulsa and McAlester, Oklahoma | Commercial Airplanes | USD 300 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Sale of substantially all assets at Commercial Airplanes facilities in Wichita and Tulsa/McAlester to Onex Partners LP (Mid-Western Aircraft Systems); closing subject to collective bargaining agreements and buyer debt financing. Estimated pre-tax loss of approximately $300 million including estimated pension and postretirement effects. Assets and liabilities subject to the transaction were $1,039 million and $118 million. No headcount disclosed. | ||
| 2005-03-31 | plant_closure | announced | 2005-01-12 | 2006-12-31 | United States | Commercial Airplanes — 717 program | USD 30 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision to conclude 717 production in 2006; total pre-tax charges ~$380M ($280M recorded in Q4 2004), including $30M severance; no employee count disclosed. | ||
| 2005-03-31 | divestiture_reduction | announced | 2005-02-22 | 2005-12-31 | United States (California, Alabama, Mississippi, Florida) | Integrated Defense Systems — Launch & Orbital Systems (Rocketdyne Propulsion and Power) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to United Technologies under asset purchase agreement, pending FTC review; expected pre-tax gain ~$330M; no headcount disclosed. | |||
| 2005-03-31 | divestiture_reduction | announced | 2005-02-22 | 2005-12-31 | United States (Wichita, Kansas; Tulsa and McAlester, Oklahoma) | Commercial Airplanes manufacturing facilities | USD 300 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to Onex Partners (Mid-Western Aircraft Systems); expected pre-tax loss ~$300M including pension/postretirement effects; conditions include collective bargaining agreements; no headcount disclosed. | ||
| 2005-03-31 | divestiture_reduction | completed | 2005-02-28 | 2005-02-28 | United States | Integrated Defense Systems — Launch & Orbital Systems (Electron Dynamic Devices Inc.) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock sale to L-3 Communications completed; net assets $46M, $25M gain recorded; no headcount disclosed. | |||
| 2005-03-31 | restructuring | announced | 2005-02-22 | 2005-12-31 | Wichita, Kansas; Tulsa and McAlester, Oklahoma | Commercial Airplanes | USD 300 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of substantially all assets at Commercial Airplanes facilities. Pre-tax loss approx $300M including pension/postretirement effects. Employee count not disclosed. | ||
| 2005-03-31 | restructuring | announced | 2005-02-22 | 2005-12-31 | California, Alabama, Mississippi, Florida | Integrated Defense Systems | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Rocketdyne Propulsion and Power business. Pre-tax gain approx $330M. Employee count not disclosed. | |||
| 2005-03-31 | restructuring | completed | 2005-02-28 | 2005-02-28 | United States | Integrated Defense Systems | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Stock sale of Electron Dynamic Devices Inc. (EDD). Gain of $25M recorded. Pension settlement/curtailment expense of $69M and retiree medical income of $1M. Employee count not disclosed. | |||
| 2005-03-31 | restructuring | completed | 2005-01-12 | 2006-12-31 | United States | Commercial Airplanes | USD 100 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Decision to conclude production of 717 commercial airplane in 2006. Total pre-tax charges approx $380M; $280M recognized in 2004, $100M expected in 2005 and beyond. Employee count not disclosed. | ||
| 2005-03-31 | restructuring | in_progress | 2005-01-12 | 2009-12-31 | United States | Commercial Airplanes | USD 100 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Decision to conclude production of 717 commercial airplane in 2006. Total pre-tax charges approx $380M; $280M recognized in 2004, $100M expected in 2005 and beyond. Includes production disruption, shutdown, pension/post-retirement, and supplier termination costs. | ||
| 2005-03-31 | divestiture_reduction | completed | 2005-02-28 | 2005-02-28 | United States | Integrated Defense Systems | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed stock sale of Electron Dynamic Devices Inc. (EDD) to L-3 Communications. Generated pension settlement/curtailment expense of $69M and retiree medical settlement/curtailment income of $1M. | |||
| 2005-03-31 | divestiture_reduction | announced | 2005-02-22 | 2005-12-31 | United States | Integrated Defense Systems | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced sale of Rocketdyne Propulsion and Power business to United Technologies Corporation. Expected to close in 2005. Potential pension curtailment/settlement expense of $217M subject to remeasurement. | |||
| 2005-03-31 | divestiture_reduction | announced | 2005-02-22 | 2005-12-31 | United States | Commercial Airplanes | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced sale of substantially all assets at Commercial Airplanes facilities in Wichita, Kansas and Tulsa and McAlester, Oklahoma to Onex Partners LP. Expected to close in 2005. Potential pension curtailment/settlement expense of $239M subject to remeasurement. | |||
| 2004-12-31 | plant_closure | announced | 2005-01-12 | 2006 | Commercial Airplanes | USD 30 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Decision to conclude 717 production in 2006 due to lack of market demand. Total pre-tax charges of ~$385 million, of which $280 million was recorded in 2004 fourth-quarter and year-end results (supplier terminations $171M, production disruption $36M, pension/post-retirement curtailment $43M, severance $30M); remaining $105 million (pension settlement $60M, plant shutdown $45M) expected in periods after 2004. Cash expenditures of $385 million expected 2005–2007. Employee count not disclosed. | |||
| 2004-12-31 | plant_closure | completed | 2003 | 2004-10 | Commercial Airplanes | MD&A f5-10k / GLM-5.3-flash-HTML | Production ended October 2004, with two remaining aircraft scheduled for delivery in H1 2005. The related $184 million charge was recognized in fiscal 2003 (prior year) and is excluded from this fiscal-year extraction. Only ~$17 million of tooling disposition and plant clean-up costs remain to be expensed as incurred. Employee count not disclosed. | ||||
| 2004-12-31 | divestiture_reduction | completed | 2004-05-24 | 2004-12-27 | Boeing Capital Corporation — Commercial Financial Services | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Substantially all Commercial Financial Services assets (carrying value $1,872 million at May 31, 2004) sold to General Electric Capital Corporation; final closing December 27, 2004. Remaining non-GECC CFS assets to be disposed by end of Q2 2005. Net gain on disposal of $42 million (net of tax) recorded in 2004. No employee count disclosed. | ||||
| 2004-12-31 | divestiture_reduction | announced | 2005-02-22 | Launch and Orbital Systems — Rocketdyne Propulsion and Power | subsequent_events f5-10k / GLM-5.3-flash-HTML | Asset sale of Rocketdyne Propulsion and Power business unit to United Technologies Corporation; subject to regulatory approval and closing conditions, expected to complete within one year. Business unit assets $368 million and liabilities $115 million at year-end. No employee count disclosed. | |||||
| 2004-12-31 | divestiture_reduction | announced | 2005-02-22 | United States | Commercial Airplanes — Wichita and Tulsa facilities and assets | subsequent_events f5-10k / GLM-5.3-flash-HTML | Sale of Commercial Airplanes Wichita and Tulsa facilities and assets to Onex Partners LP (Mid-Western Aircraft Systems); subject to regulatory approval and closing conditions, expected to complete within one year. Assets of $1,348 million and liabilities of $139 million subject to the transaction at year-end. No employee count disclosed. | ||||
| 2004-12-31 | restructuring | announced | 2005-01-12 | 2007-12-31 | United States | Commercial Airplanes | USD 385 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision to conclude 717 production in 2006 announced after fiscal year-end; $280M of the $385M pre-tax charge recorded in Q4 2004 (including $171M supplier termination, $36M production disruption, $43M pension/retiree curtailment, $30M severance); remaining $105M (pension settlement $60M, plant shutdown $45M) to be recorded after 2004. Cash expenditures of $385M expected 2005-2007. Headcount not quantified. | ||
| 2004-12-31 | plant_closure | completed | 2003-10-01 | 2004-10-31 | United States | Commercial Airplanes | USD 184 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision to end 757 production made in Q3 2003; production ended October 2004 with two aircraft remaining for delivery in H1 2005. The $184M charge (including $169M forward loss and $15M spares inventory write-down) was recorded in fiscal 2003, not the current year; only program completion falls in FY2004. Approximately $17M of tooling disposition and plant clean-up costs remain to be expensed as incurred. Headcount not quantified. | ||
| 2004-12-31 | divestiture_reduction | completed | 2004-05-24 | 2004-12-27 | United States | Boeing Capital Corporation — Commercial Financial Services | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of substantially all Commercial Financial Services assets to GE Capital Corporation; final closing December 27, 2004. Assets sold had carrying value of $1,872M; $2,017M cash proceeds received. Associated headcount not disclosed. | |||
| 2004-12-31 | divestiture_reduction | announced | 2005-02-22 | 2006-02-22 | United States | Launch and Orbital Systems — Rocketdyne Propulsion and Power | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Asset purchase agreement to sell Rocketdyne Propulsion and Power to United Technologies Corporation announced after fiscal year-end; expected to close within one year, subject to regulatory approval. Business unit assets and liabilities were $368M and $115M at year end. Headcount not disclosed. | |||
| 2004-12-31 | plant_closure | announced | 2005-02-22 | 2006-02-22 | United States | Commercial Airplanes — Wichita and Tulsa facilities | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell Commercial Airplanes Wichita and Tulsa facilities and assets to Onex Partners LP (Mid-Western Aircraft Systems) announced after fiscal year-end; expected to close within one year subject to regulatory approvals. Related assets and liabilities were $1,348M and $139M at year end. Headcount not disclosed. | |||
| 2004-12-31 | other | in_progress | United States | Commercial Airplanes | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer states it incurred employment reductions tied to the post-September 11, 2001 decline in commercial aircraft demand; no dates, counts, or charges quantified. | |||||
| 2004-12-31 | restructuring | completed | 2004-12-31 | Global | Commercial Airplanes | USD 280 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Decision to conclude production of 717 commercial airplane in 2006. Charge includes supplier termination ($171M), production disruption ($36M), pension/post-retirement curtailment ($43M), and severance ($30M). Employee count not explicitly disclosed. | |||
| 2004-12-31 | restructuring | completed | 2004-12-31 | Global | Integrated Defense Systems | USD 80 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charge related to USAF 767 Tanker program. Employee count not explicitly disclosed. | |||
| 2004-12-31 | restructuring | completed | 2004-12-31 | 2004-12-31 | Global | Commercial Airplanes | USD 280 (millions) | Item 1. Business - Commercial Airplanes f5-10k / Qwen3.6-27B-Q8_0 | Decision to conclude production of 717 commercial airplane in 2006. Charge includes supplier termination, production disruption, pension curtailment, and severance. | ||
| 2004-12-31 | restructuring | completed | 2004-12-31 | 2004-12-31 | Global | Commercial Airplanes / IDS | USD 555 (millions) | Item 7. MD&A - Operating Earnings f5-10k / Qwen3.6-27B-Q8_0 | Charge related to USAF 767 tanker program ($475M Commercial Airplanes, $80M IDS). No specific employee count disclosed. | ||
| 2004-06-30 | restructuring | in_progress | 2004-02-20 | United States | Commercial Airplanes / Integrated Defense Systems | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Slow down of development efforts on USAF 767 Tanker program; redeployment of labor resources to critical path items to reduce spending pending DoD review. | ||||
| 2004-06-30 | other | completed | 3 | 2003-07-24 | United States | Launch and Orbital Systems | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Three former employees terminated or disciplined/resigned due to EELV incident involving possession of competitor information; USAF suspended certain organizations from receiving government contracts. | |||
| 2004-03-31 | layoff | in_progress | 2004-02-20 | Commercial Airplanes / Integrated Defense Systems (767 Tanker program) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company announced it will slow development efforts on the USAF 767 Tanker program pending DoD reviews, resulting in redeployment and layoff of labor resources while continuing only critical-path items. No employee count disclosed. | |||||
| 2004-03-31 | layoff | announced | 2004-02-20 | United States | Commercial Airplanes / 767 Tanker program | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Boeing announced a slowdown of USAF 767 Tanker development, involving redeployment and layoffs of labor resources pending DoD reviews; no employee count or severance amount disclosed. | ||||
| 2004-03-31 | restructuring | in_progress | 2004-03-19 | United States | Integrated Defense Systems — RAH-66 Comanche program | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | U.S. Government issued stop-work order and termination for convenience of the Comanche program; termination proposal to be negotiated. Program was under 1% of projected 2004 revenues; no employee count disclosed. | ||||
| 2004-03-31 | layoff | in_progress | 2004-02-20 | United States | Commercial Airplanes / Integrated Defense Systems | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company announced slowing development efforts on USAF 767 Tanker program, resulting in redeployment and layoff of labor resources to reduce spending pending DoD review. No specific headcount disclosed. | ||||
| 2004-03-31 | layoff | in_progress | 2004-02-20 | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company announced slowing development efforts on USAF 767 Tanker program, resulting in redeployment and layoff of labor resources to reduce spending pending DoD review. | |||||
| 2003-12-31 | layoff | in_progress | 2001 | Commercial Airplanes | USD -3 (millions) | other f5-10k / GLM-5.3-flash-HTML | Multi-year program of employment reductions following the September 11, 2001 attacks (original $285M severance charge in 2001). Fiscal 2003 activity: $23M of severance payments and a $3M favorable revision to the accrual, leaving a $6M severance liability at December 31, 2003. No employee counts disclosed for 2003 activity. | ||||
| 2003-12-31 | restructuring | in_progress | 2003-10-16 | 2005-06-30 | Commercial Airplanes — 757 program | USD 184 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Decision made in Q3 2003 to end 757 production (publicly announced October 16, 2003 via Form 8-K), generating a pre-tax charge of $184M; vendor penalties of $111M accrued at year-end 2003. Final aircraft to be produced in late 2004 with delivery in Q2 2005. No employee counts disclosed for this action. | |||
| 2003-12-31 | layoff | announced | 150 | 2004-02-20 | 767 Tanker program (Commercial Airplanes / Integrated Defense Systems) | MD&A f5-10k / GLM-5.3-flash-HTML | Announced February 20, 2004, after fiscal year-end: development slowdown to result in layoffs of 100 contract employees and 50 employees, plus redeployment of certain other personnel and extension of the tanker production schedule. Contingent charges of $261M disclosed if the USAF order is not received ($176M Commercial Airplanes, $85M A&WS), with potential total termination charge of approximately $310M by March 31, 2004. | ||||
| 2003-12-31 | other | in_progress | 2,000 | 2003 | UAW-represented employees | Item_1_Business f5-10k / GLM-5.3-flash-HTML | One UAW agreement expired in 2003 covering approximately 2,000 workers and had not been ratified as of December 31, 2003; remaining UAW agreements expire April 2004 and September 2005. No related charge disclosed. | ||||
| 2003-12-31 | restructuring | in_progress | 2001-09-11 | United States | Commercial Airplanes | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program originating from the post-9/11 decline in commercial aircraft demand; only current-year activity is reflected here — $3M of payments and a $3M reduction in estimate during 2003, leaving a $6M accrued liability at year-end. Employees affected count never disclosed. | ||||
| 2003-12-31 | layoff | announced | 100 | 2004-02-20 | United States | Commercial Airplanes / Integrated Defense Systems (767 Tanker program) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event after fiscal year-end. Filer discloses a layoff of 100 contract employees plus 50 employees; this record covers the 100 contract employees. No severance charge quantified for the action. | |||
| 2003-12-31 | layoff | announced | 50 | 2004-02-20 | United States | Commercial Airplanes / Integrated Defense Systems (767 Tanker program) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event after fiscal year-end; companion record to the 100 contract employees also affected. Program slowdown also extended the USAF 767 Tanker production schedule and redeployed other personnel. | |||
| 2003-12-31 | restructuring | completed | 2003-10-01 | 2005-06-30 | United States | Commercial Airplanes | USD 184 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Decision to end production of the 757 program. Final delivery scheduled for second quarter of 2005. Charge associated with the decision to end production. | ||
| 2003-12-31 | restructuring | completed | 2003-12-31 | Global | Integrated Defense Systems | USD 572 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Goodwill impairment charge related to reorganization of Military Aircraft and Missile Systems and Space and Communications segments into Integrated Defense Systems (IDS). | |||
| 2003-12-31 | layoff | announced | 150 | 2004-02-20 | Integrated Defense Systems | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Announced slowdown of USAF 767 Tanker program development; 100 contract employees and 50 employees to be laid off. | ||||
| 2003-12-31 | restructuring | completed | 2003-01-01 | 2003-12-31 | Commercial Airplanes | USD 184 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charge associated with decision to end production of the 757 program. | |||
| 2003-09-30 | plant_closure | announced | 2003-10-16 | 2004-12-31 | Commercial Airplanes | USD 184 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Decision to end production of the 757 program, final aircraft scheduled for late 2004. Pre-tax charge of $184 million: $142 million vendor penalties (mostly cash-settled by end of 2005), $27 million write-down of 757 program inventory, and $15 million write-down of 757 spares inventory. No employee headcount affected was disclosed. | |||
| 2003-06-30 | other | completed | 2 | 2003-07-24 | United States | Launch and Orbital Systems | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | USAF suspended certain organizations in space launch services business and three former employees from receiving government contracts due to alleged wrongdoing regarding possession of competitor information. | |||
| 2003-06-30 | other | announced | 2003-07-24 | United States | Launch and Orbital Systems | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | USAF announced intention to terminate seven previously awarded EELV launches and disqualified company from competing for three additional launches. | ||||
| 2003-03-31 | voluntary_separation | completed | 1 | 2003-04-01 | 2003-04-01 | United States | Executive management (former CEO of Military Aircraft and Missile Systems / IDS leadership) | USD 2 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Executive elected to retire effective April 1, 2003; Company agreed to pay two lump sums of $900,000 and $700,000 by April 30, 2003, plus a pro-rated incentive award in March 2004. Single-executive separation, not a program. | |
| 2002-12-31 | reduction_in_force | in_progress | Primarily Commercial Airplanes | USD -5 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Demand-driven employment reductions directly related to the September 11, 2001 attacks; originally reported in the fiscal 2001 10-K (original $285 million severance charge). Fiscal 2002 activity comprises $248 million of severance payments and a $5 million favorable estimate revision (credit, shown as negative); $32 million severance liability remained at December 31, 2002. Year-end workforce per the filing: 188,000 (2001) and 166,000 (2002). No headcount affected was quantified. | |||||
| 2002-12-31 | restructuring | completed | 2002-02 | Space and Communications — commercial satellite manufacturing (Boeing Satellite Systems) | MD&A f5-10k / GLM-5.3-flash-HTML | Reorganization of commercial satellite manufacturing undertaken in February 2002 in response to poor performance compounded by unfavorable market conditions. No headcount or severance charge quantified; filing notes Boeing Satellite Systems net 2002 operating-earnings impact of approximately $146 million and progress implementing process improvements. | |||||
| 2002-12-31 | restructuring | in_progress | 2001-09-11 | United States | Commercial Airplanes | USD -5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Employment reductions tied to the post-9/11 decline in aircraft demand. FY2002 activity shown is a $5 million reduction to the employee severance accrual (2001 charge was $285 million); no FY2002 headcount affected is disclosed. Remaining severance liability at 2002-12-31 was $32 million. | |||
| 2002-12-31 | restructuring | in_progress | 2001-09-11 | United States | Commercial Airplanes | USD -12 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Vendor penalties arising from production-rate reductions after 9/11; FY2002 activity was a $12 million reduction to the accrual (2001 charge was $68 million). Not a headcount action per se; captured as related restructuring activity. | |||
| 2002-12-31 | reduction_in_force | completed | 2001-09-11 | Global | Commercial Airplanes | USD 5 (millions) | Item 1. Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company incurred employment reductions resulting from decrease in aircraft demand related to 9/11 attacks. In 2002, recorded a reduction to expense of $5 million related to revised estimates of employee severance obligations. Total 2001 charge was $285 million. | |||
| 2002-12-31 | restructuring | completed | 2001-09-11 | Global | Commercial Airplanes | USD -5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Reduction to expense of $5 million related to employee severance obligations revised in 2002. Original 2001 charge was $285 million. | |||
| 2002-09-30 | layoff | in_progress | 2001-09-11 | United States | Commercial Airplanes (primarily) | USD 285 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance liability from post-9/11 job reductions: $285M accrued at Dec 31, 2001; $217M paid in the nine months ended Sep 30, 2002; $68M remaining at Sep 30, 2002. Headcount affected not disclosed in this filing. | |||
| 2002-09-30 | acquisition_addition | completed | 2002-09-23 | 2002-10-17 | United States | Commercial Airplanes — flight and crew training | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of FlightSafety International's interest in FlightSafety Boeing Training International completed October 17, 2002 for $50 cash plus a $199 note; no employee count disclosed. Agreement announced September 23, 2002. | |||
| 2002-09-30 | restructuring | completed | 2001-09-11 | United States | Commercial Airplanes | USD 100 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Non-recurring after-tax charge of $63 million (pre-tax $100 million) for initial severance costs related to job reductions following September 11, 2001 terrorist attacks. Recorded in Q3 2001. | |||
| 2002-09-30 | restructuring | in_progress | 2001-09-11 | Global | Corporate / Multiple Segments | USD 34 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Further charge of $34 million attributable to events of September 11, 2001, recorded in Q1 2002. Includes $12 million for guarantee commitments and $22 million for decrease in used airplane values. | |||
| 2002-09-30 | restructuring | completed | 2001-09-11 | 2002-03-31 | United States | Commercial Airplanes | USD 63 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | After-tax charge of $63 million for initial severance costs related to job reductions following September 11 attacks. Disclosed as non-recurring item in comparable period of 2001. | ||
| 2002-09-30 | restructuring | in_progress | 2001-09-11 | Global | Corporate / All Segments | USD 34 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Pre-tax charge of $34 million recorded in Q1 2002 attributable to events of September 11, 2001. Includes $12 million for guarantee commitments and $22 million for decrease in used airplane values. Employee severance liability reduced by $217 million during the period. | |||
| 2002-09-30 | acquisition_addition | completed | 2002-09-23 | 2002-10-17 | Global | Space and Communications | USD 249 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of FlightSafety International's interests in FlightSafety Boeing Training International completed October 17, 2002. Company paid $50 million at closing and signed a $199 million note. Ownership increased from 50% to 100%. | ||
| 2002-06-30 | restructuring | in_progress | 2001-09-11 | Commercial Airplanes and related operations | USD 34 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional Q1 2002 charge of $34 million attributable to September 11 events ($12 guarantee commitments, $22 used airplane values); no additional charges in Q2 2002. Employee severance liability of $129 million remained at June 30, 2002 after $156 million of payments; no employee counts disclosed. MD&A notes downsizing began in 2001 and continues through 2002 and early 2003, but no headcount figures are quantified. | ||||
| 2002-06-30 | restructuring | in_progress | 2001-12-31 | USD 156 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee severance liability of $285M at 2001-12-31 was reduced by $156M of payments during the six months ended 2002-06-30, leaving $129M at quarter-end. No employee counts disclosed; no new severance charges recorded in Q2 2002. | |||||
| 2002-06-30 | restructuring | in_progress | 2002-02 | Space and Communications — commercial satellite manufacturing | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Reorganization of commercial satellite manufacturing activities undertaken in February 2002 in response to poor performance and weak market conditions; no headcount or severance amounts disclosed. Net Q2 2002 earnings impact was a $16M reduction from offsetting cost estimates and a favorable contract restructure. | |||||
| 2002-06-30 | restructuring | in_progress | 2001 | 2003-03-31 | Commercial Airplanes | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer states downsizing begun in 2001 is projected to continue through the balance of 2002 and early 2003 alongside lower delivery volumes; no employee counts or charges disclosed. Announcement month not specified in filing. | ||||
| 2002-06-30 | restructuring | in_progress | USD 156 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Payments made for employee severance related to September 11, 2001 events during the six months ended June 30, 2002. Specific headcount not disclosed. | ||||||
| 2002-06-30 | restructuring | in_progress | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-Q8_0 | MD&A states 'downsizing that began in 2001 and is projected to continue through the balance of 2002 and early 2003'. No specific employee count or charge is disclosed in this filing. | ||||||
| 2002-06-30 | restructuring | completed | 2002-02 | Space and Communications | USD 16 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reorganization of commercial satellite manufacturing activities in Feb 2002. Net impact was a $16 million reduction in earnings. Employee count not disclosed. | ||||
| 2002-03-31 | restructuring | in_progress | 2001-09-11 | United States | Company-wide | USD 34 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Q1 2002 additional charge of $34M for September 11 events, including $12M guarantee commitments and $22M used airplane value declines; cumulative liabilities of $542M recorded at December 31, 2001 included $285M employee severance, of which $73M was paid in Q1 2002 leaving $212M. Employee count affected not disclosed. | |||
| 2002-03-31 | restructuring | in_progress | 2002-02-01 | Space and Communications — commercial satellite manufacturing | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | February 2002 reorganization of commercial satellite manufacturing including facilities consolidation and workforce rightsizing; no headcount or charge figures disclosed. | |||||
| 2002-03-31 | restructuring | in_progress | 2002-02-01 | United States | Space and Communications | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Reorganization of commercial satellite manufacturing activities including facilities consolidation, workforce rightsizing, and design/production streamlining. No specific headcount or charge disclosed. | ||||
| 2002-03-31 | other | completed | 2002-03-18 | 2002-06-30 | United States | Military Aircraft and Missile Systems | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Agreement to sell ordnance business in Mesa, AZ to Alliant Techsystems. Transaction expected to complete in Q2 2002. No headcount impact disclosed. | |||
| 2002-03-31 | restructuring | in_progress | 2002-02-01 | Space and Communications | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reorganization of commercial satellite manufacturing activities including facilities consolidation and workforce rightsizing. No specific headcount or charge amount disclosed. | |||||
| 2002-03-31 | other | in_progress | 2002-03-18 | 2002-06-30 | Mesa, AZ | Military Aircraft and Missile Systems | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Agreement to sell ordnance business to Alliant Techsystems (ATK). Transaction expected to complete in Q2 2002. Headcount impact not disclosed. | |||
| 2001-12-31 | reduction_in_force | in_progress | USD 287 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Employment reductions resulting from the decrease in aircraft demand directly related to the September 11, 2001 attacks; a $287M severance charge was recorded for FY2001, with reductions both incurred and expected to continue. MD&A states the Commercial Airplanes downsizing began in 2001 and is projected to continue during 2002. The overall September 11 special charge was $935M ($908M Commercial Airplanes segment, $27M Other segment); the severance component is not separately attributed by segment. Number of employees affected not disclosed. Also referenced in Item 1 and MD&A; extracted once from the footnote as the most authoritative source. | ||||||
| 2001-12-31 | restructuring | in_progress | 2001-09-11 | 2002-12-31 | United States | Commercial Airplanes | USD 287 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Employee severance charge of $287M recorded for FY2001 related to employment reductions from decreased aircraft demand after September 11. No specific employee count disclosed. Liabilities of $542M total (all Sept 11 charges) established as of Dec 31, 2001, expected to be settled by end of 2002. | ||
| 2001-12-31 | restructuring | in_progress | 2001-09-11 | 2002-12-31 | United States | Commercial Airplanes | USD 908 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total Sept 11 special charges of $935M ($908M Commercial Airplanes, $27M Other segment) including severance ($287M), 717 forward loss ($250M), used aircraft valuation ($185M), inventory valuation ($96M), vendor penalties ($68M), guarantee commitments ($49M). Not all components are workforce-related. | ||
| 2001-12-31 | restructuring | in_progress | 2001-09-11 | 2002-12-31 | Global | Commercial Airplanes | USD 287 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Employment reductions resulting from decrease in aircraft demand related to 9/11 attacks. Liabilities expected to be settled by end of 2002. | ||
| 2001-12-31 | restructuring | in_progress | 2001-09-11 | 2002-12-31 | Global | Commercial Airplanes | USD 287 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Employment reductions resulting from decrease in aircraft demand. Liabilities expected to be settled by end of 2002. | ||
| 2001-09-30 | reduction_in_force | in_progress | 2001-09-20 | 2001-12-31 | Commercial Airplanes segment and related support organizations | USD 100 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Initial charge of $100 million for severance costs deemed probable and estimable, principally to be incurred by year-end 2001; employment reductions resulted from decreased aircraft demand following the September 11, 2001 attacks. Specific headcount figures not disclosed. Additional related costs (further severance, out-placement, vendor termination, receivable valuation, asset and inventory impairment, guarantees) expected to become estimable within three to twelve months. Also referenced in MD&A and a Form 8-K filed September 20, 2001. | |||
| 2001-09-30 | restructuring | in_progress | 2001-09-11 | 2001-12-31 | United States | Commercial Airplanes and related support organizations | USD 100 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Initial severance charge for probable and estimable employment reductions driven by decreased aircraft demand after the September 11 attacks; headcount not disclosed. Additional severance, vendor termination, asset impairment, and other costs expected to become estimable over the next 3-12 months. | ||
| 2001-09-30 | restructuring | in_progress | 2001-09-11 | 2001-12-31 | United States | Commercial Airplanes | USD 100 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Charge related to severance costs probable and estimable due to decreased aircraft demand following September 11 attacks. Employment reductions expected to be principally incurred by year-end 2001. | ||
| 2001-09-30 | restructuring | in_progress | 2001-09-11 | 2001-12-31 | United States | Commercial Airplanes | USD 100 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Employment reductions resulted from decrease in aircraft demand due to Sept 11 attacks. Charge relates to probable and estimable severance costs. | ||
| 2001-03-31 | other | completed | United States | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | First quarter 2000 commercial aircraft deliveries were impacted by a 40-day work stoppage due to a strike by the Society of Professional Engineering Employees in Aerospace (SPEEA). | |||||
| 2001-03-31 | other | completed | United States | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-Q8_0 | 40-day work stoppage by SPEEA in Q1 2000 impacted deliveries; not a current quarter action but disclosed as context for year-over-year comparison. | |||||
| 2000-12-31 | acquisition_addition | completed | 9,000 | 2000-10-06 | 2000-10-06 | Southern California, United States | Space and Communications — Boeing Satellite Systems (BSS) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Largest 2000 acquisition: Hughes space and communications businesses, $3,849 million cash. MD&A states the October 2000 acquisition added approximately 9,000 employees to Boeing's workforce; Note 4 similarly states BSS had approximately 9,000 employees in Southern California. Extracted once from the most authoritative (footnote) source. | ||
| 2000-12-31 | acquisition_addition | completed | 2000-10-04 | 2000-10-04 | Commercial Airplanes | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Jeppesen Sanderson Inc., a flight information services provider, acquired for $1,524 million in cash; employee count not disclosed. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-09-01 | 2000-09-01 | Commercial Airplanes | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Continental Graphics Corp., a provider of technical information to the aviation industry, acquired for $183 million in cash; employee count not disclosed. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000-08-02 | 2000-08-02 | Space and Communications | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Autometric Inc., a geospatial information technology company, acquired for $119 million in cash; employee count not disclosed. | ||||
| 2000-12-31 | acquisition_addition | completed | 2000 | Commercial Airplanes | Item_1_Business f5-10k / GLM-5.3-flash-HTML | AeroInfo Systems, Inc., a provider of advanced maintenance software applications for the airline industry; acquisition date within 2000 not specified; employee count not disclosed. | |||||
| 2000-12-31 | acquisition_addition | completed | 2000 | Space and Communications | Item_1_Business f5-10k / GLM-5.3-flash-HTML | SVS, Inc., which specializes in electro-optical systems; acquisition date within 2000 not specified; employee count not disclosed. | |||||
| 2000-12-31 | acquisition_addition | completed | 2000 | Commercial Airplanes | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Hawker de Havilland, which specializes in aircraft parts fabrication; acquisition date within 2000 not specified; employee count not disclosed. | |||||
| 2000-12-31 | divestiture_reduction | completed | 2001-01 | 2001-01 | St. Louis, Missouri, United States | Fabrication operations | USD 38 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | St. Louis fabrication operations sold in January 2001, subsequent to fiscal year-end. Q4 2000 included a $38 million actuarial expense attributable to a pension curtailment associated with employees of the divested operations; the charge label 'other' reflects a pension curtailment expense rather than severance. Number of employees affected not disclosed. | ||
| 2000-12-31 | acquisition_addition | completed | 9,000 | 2000-10-06 | 2000-10-06 | United States (Southern California) | Space and Communications | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Hughes space and communications businesses acquired October 6, 2000, adding approximately 9,000 employees. Boeing Satellite Systems operates in Southern California. | ||
| 2000-12-31 | acquisition_addition | completed | 9,000 | 2000-10-06 | Southern California | Space and Communications | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Hughes space and communications businesses added approximately 9,000 employees. | |||
| 2000-12-31 | divestiture_reduction | completed | 2001-01-01 | St. Louis | Commercial Airplanes | USD 38 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of St. Louis fabrication operations in January 2001 resulted in $38 million pension curtailment expense. Employee count not disclosed. | |||
| 2000-12-31 | acquisition_addition | completed | 9,000 | 2000-10-06 | 2000-10-06 | Southern California | Space and Communications | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Hughes space and communications businesses, renamed Boeing Satellite Systems. | ||
| 2000-12-31 | restructuring | completed | 2000-12-31 | 2001-01-31 | St. Louis, Missouri | Commercial Airplanes | USD 38 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Sale of St. Louis fabrication operations in January 2001; $38 million pension curtailment expense recognized in Q4 2000. | ||
| 2000-09-30 | acquisition_addition | completed | 9,000 | 2000-10-06 | 2000-10-06 | Primarily Southern California, United States | Space and Communications (Boeing Satellite Systems, Inc.) | USD 4,000 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of Hughes space and communications and related businesses closed October 6, 2000 for $4,000 million cash; approximately 9,000 employees primarily located in Southern California. Headcount added via acquisition, not a reduction. | |
| 2000-09-30 | acquisition_addition | completed | 2000-09-30 | 2000-09-30 | United States | Space and Communications / Commercial Airplanes | USD 316 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q3 2000 acquisitions of Autometric, Continental Graphics, AeroInfo Systems, and SVS for $316M cash; no headcount disclosed. Goodwill increased $263M. | ||
| 2000-09-30 | acquisition_addition | completed | 2000-10-04 | 2000-10-04 | United States | Commercial Airplanes | USD 1,515 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Jeppesen Sanderson, Inc. (flight information services) for $1,515M cash; no headcount disclosed. | ||
| 2000-09-30 | acquisition_addition | completed | 9,000 | 2000-10-06 | 2000-10-06 | United States (primarily Southern California) | Space and Communications | USD 4,000 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Hughes space and communications businesses for $4,000M cash; approximately 9,000 employees. Operated as Boeing Satellite Systems, Inc. In-process R&D charge pending independent evaluation. | |
| 2000-09-30 | acquisition_addition | completed | 9,000 | 2000-10-06 | Southern California | Space and Communications | USD 4,000 (millions) | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Hughes space and communications businesses closed Oct 6, 2000. Includes approx. 9,000 employees. | ||
| 2000-09-30 | acquisition_addition | completed | 2000-10-04 | Commercial Airplanes | USD 1,515 (millions) | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Jeppesen Sanderson, Inc. closed Oct 4, 2000. Employee count not disclosed. | ||||
| 2000-09-30 | acquisition_addition | completed | 2000-09-30 | Commercial Airplanes | USD 316 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Q3 2000 acquisitions included Autometric, Continental Graphics, AeroInfo Systems, and SVS. Total cash consideration $316M. Employee counts not disclosed. | ||||
| 2000-09-30 | acquisition_addition | completed | 9,000 | 2000-10-06 | 2000-10-06 | Southern California | Space and Communications | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Hughes space and communications businesses closed Oct 6, 2000. Disclosed as subsequent event in Q3 10-Q. | ||
| 2000-06-30 | other | completed | 2000-03-19 | Puget Sound area (Washington) | Commercial Airplanes (engineering workforce) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | 40-day work stoppage by the Society of Professional Engineering Employees in Aerospace (SPEEA) ended March 19, 2000; impacted first-half 2000 Commercial Airplanes R&D spending and first-quarter production/deliveries. Strike occurred in Q1 2000; recovery substantially complete by Q2. | ||||
| 2000-06-30 | other | completed | 2000-03-19 | United States | Commercial Airplanes | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 40-day work stoppage by SPEEA ended March 19, 2000; impacted first-half 2000 R&D spending and production recovery. No employee count or charge disclosed. | ||||
| 2000-06-30 | acquisition_addition | announced | 2000-01-13 | 2000-09-30 | United States | Space and Communications | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Hughes space and communications business for $3.75 billion; expected to finalize by end of Q3 2000. No headcount addition disclosed. | |||
| 2000-06-30 | acquisition_addition | announced | 2000-04-01 | United States | Space and Communications | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Intent to acquire Autometric Inc. announced during Q2 2000; geospatial information technology supplier. No headcount addition disclosed. | ||||
| 2000-06-30 | other | completed | 2000-03-19 | United States | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 40-day work stoppage by the Society of Professional Engineering Employees in Aerospace (SPEEA) ended March 19, 2000. First-half 2000 spending was impacted by this strike. | ||||
| 2000-06-30 | other | completed | 2000-03-19 | United States | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-Q8_0 | 40-day work stoppage by SPEEA ended March 19, 2000, impacting first-half spending and deliveries. | ||||
| 2000-03-31 | other | completed | 2000-03-19 | United States | Commercial Airplanes | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | 40-day strike by the Society of Professional Engineering Employees in Aerospace (SPEEA) ended March 19, 2000; reduced Commercial Airplanes deliveries to 75 jets versus 125 planned and 148 in Q1 1999, and lowered R&D spending. | ||||
| 2000-03-31 | other | completed | 2000-03-19 | United States (Puget Sound, Washington) | Commercial Airplanes | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 40-day work stoppage by SPEEA (Society of Professional Engineering Employees in Aerospace) ended March 19, 2000; reduced Q1 deliveries to 75 jets vs. 125 planned. | ||||
| 2000-03-31 | other | completed | 2000-03-19 | United States | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 40-day work stoppage by SPEEA ended March 19, 2000, reducing deliveries from 125 planned to 75. | ||||
| 2000-03-31 | other | completed | 2000-03-19 | United States | Commercial Airplanes | MD&A f5-10q / Qwen3.6-27B-Q8_0 | 40-day work stoppage by SPEEA ended March 19, 2000. Reduced deliveries from 125 planned to 75. | ||||
| 1999-12-31 | restructuring | in_progress | 1997 | 2001 | Commercial Airplanes - legacy McDonnell Douglas commercial product lines (MD-80, MD-90, MD-11) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year product-line wind-down begun with Q4 1997 provisions of $1,400 million, including $60 million of employee severance and $806 million of inventory write-downs. FY1999 activity only: $12 million of severance payments and a $7 million reduction in the severance estimate, leaving a $20 million severance liability at 1999-12-31. Final MD-80 delivered in 1999; MD-90 final delivery scheduled Q1 2000; MD-11 final delivery scheduled Q1 2001; supplier-termination negotiations expected complete in 2002. No headcount figures disclosed. | ||||
| 1999-12-31 | divestiture_reduction | completed | 1998 | 1999 | Military Aircraft and Missiles - light-commercial helicopter product lines (MD 500, MD 600, MD Explorer) | MD&A f5-10k / GLM-5.3-flash-HTML | Exit from the commercial-helicopter market announced in 1998; Civil Tiltrotor program interest transferred to Bell Helicopter Textron in early 1998; product lines sold to RDM Holding, Inc. in Q1 1999 with no additional gain or loss. Headcount impact not disclosed. | ||||
| 1999-12-31 | divestiture_reduction | completed | 1999-07 | 1999-07 | Space and Communications - Boeing Information Systems (US federal government information and systems integration services) | MD&A f5-10k / GLM-5.3-flash-HTML | Business sold to Science Applications International Corporation in July 1999, producing a $95 million pretax gain and approximately $162 million of disposition proceeds. Headcount impact not disclosed. | ||||
| 1999-12-31 | other | in_progress | 22,000 | 11% | 2000-02-09 | SPEEA engineering and technical employees; Commercial Airplanes segment primarily affected | MD&A f5-10k / GLM-5.3-flash-HTML | Post-year-end labor action: SPEEA members (approximately 22,000 engineers and technicians; stated as 11% of employees in the year-end collective-bargaining disclosure) went on strike on 2000-02-09 after rejecting contract proposals. Company declared impasse 2000-03-02; strike ongoing as of 2000-03-06. Expected to reduce Q1 2000 Commercial Airplanes deliveries and possibly Q2 2000; total effect could be material depending on duration and recovery plans. | |||
| 1999-12-31 | acquisition_addition | announced | 2000-01-13 | 2000-06-30 | Space and Communications - Hughes space and communications business, plus Hughes Electron Dynamics and Spectrolab | subsequent_events f5-10k / GLM-5.3-flash-HTML | Agreement announced 2000-01-13 to acquire the Hughes space and communications business and related operations for $3.75 billion (purchase price, not a workforce charge), subject to regulatory and government reviews; expected to close by end of Q2 2000. Headcount to be added not disclosed. | ||||
| 1999-12-31 | other | in_progress | 22,000 | 2000-02-09 | United States | Engineering and technical (SPEEA bargaining unit) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | SPEEA strike began February 9, 2000 after members rejected the second contract proposal; third offer rejected February 26, 2000; impasse declared March 2, 2000; strike ongoing as of March 6, 2000. Approximately 22,000 engineers and technicians represented by SPEEA. Impact on Q1/Q2 2000 deliveries disclosed as uncertain but potentially material. | |||
| 1999-12-31 | restructuring | announced | 2000-12-31 | Global | Company-wide | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Year-end 2000 workforce projected to decline to 180,000–190,000 from 197,000 at December 31, 1999. No specific RIF program, affected-employee count, or severance charge disclosed. | ||||
| 1999-12-31 | other | in_progress | 22,000 | 2000-02-09 | United States | Commercial Airplanes | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | SPEEA strike began February 9, 2000, involving approximately 22,000 engineers and technicians. Strike continued as of March 6, 2000. | |||
| 1999-12-31 | other | in_progress | 22,000 | 11.17% | 2000-02-09 | United States | Commercial Airplanes | Item 1. Business f5-10k / Qwen3.6-27B-Q8_0 | Strike by SPEEA representing approximately 22,000 engineers and technicians began February 9, 2000, after rejection of contract proposals. Impacted Commercial Airplanes segment deliveries. | ||
| 1999-12-31 | restructuring | completed | 1999-03-31 | 1999-03-31 | Global | Military Aircraft and Missiles | USD 60 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of MD 500, MD 600 and MD Explorer light-commercial helicopter product lines to RDM Holding, Inc. in first quarter 1999. Note 7 discloses $60 million in employee severance liabilities related to McDonnell Douglas commercial product line decisions, with ending balance of $20 million in 1999. | ||
| 1999-06-30 | divestiture_reduction | completed | 1999-07-23 | 1999-07-23 | Boeing Information Services (information and systems integration services for the federal government) | USD 95 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Boeing Information Services to Science Applications International Corporation completed July 23, 1999; expected pretax gain of approximately $95 million. No employee count disclosed. | |||
| 1999-06-30 | divestiture_reduction | completed | Commercial helicopter product line | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company sold its commercial helicopter product line earlier in 1999 as part of efforts to focus on core businesses. No employee count disclosed. | ||||||
| 1999-06-30 | divestiture_reduction | announced | Technical services operation and electronic warfare business | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company announced the sale of a technical services operation and an electronic warfare business as part of portfolio refocusing. No employee count disclosed. | ||||||
| 1998-12-31 | restructuring | announced | 1999-02-22 | 1999-12-31 | MD&A f5-10k / GLM-5.3-flash-HTML | Year-end 1999 workforce projected at 200,000 to 210,000 versus 231,000 at year-end 1998; implied reduction not explicitly quantified. Filing separately cites post-merger consolidation of redundant facilities following the Rockwell acquisition and McDonnell Douglas merger. Projection figure disclosed in the Form 10-K filed February 22, 1999, not a formally announced program with affected-employee counts. | |||||
| 1998-12-31 | layoff | in_progress | 1997-08-01 | 1999-06-30 | Executive employees of Boeing and McDonnell Douglas performance-sharing plan participants | other f5-10k / GLM-5.3-flash-HTML | Plan covers involuntary merger-related layoffs occurring from the August 1, 1997 merger closing through June 30, 1999, indicating ongoing merger-integration workforce reductions during FY1998 (plan amendment filed with this 10-K). No employee counts or charge amounts disclosed. | ||||
| 1998-12-31 | layoff | in_progress | 1997-08-01 | 1999-06-30 | United States | Executive Payroll Employees; McDonnell Douglas Senior Executive Performance Sharing Plan participants | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Unfunded ERISA welfare benefit plan providing lump-sum layoff benefits (one year salary plus incentive target plus 12 months medical/dental) for involuntary merger-related layoffs between August 1, 1997 and June 30, 1999. No FY1998 affected-employee count disclosed. Plan terminates September 30, 1999 if not earlier terminated. | |||
| 1998-12-31 | layoff | announced | 1998-10-31 | 1999-02-01 | United States | Executive — Ronald B. Woodard, Senior Vice President – People | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Individual executive separation: $900,000 lump sum, 12 months medical/dental, pro-rated 1999 bonus, $19,000/month consulting retainer through November 2000, outplacement. Layoff effective February 1, 1999 (after fiscal year end). | |||
| 1998-12-31 | divestiture_reduction | announced | 1998 | 1999-03-31 | United States | Military Aircraft and Missiles Group — commercial helicopter product lines | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company announced exit from commercial helicopter market in 1998. Civil Tiltrotor program interest transferred to Bell Helicopter Textron in early 1998. MD 500, MD 600 and MD Explorer product lines sold to RDM Holding, Inc. in Q1 1999 (subsequent event). No headcount disclosed for either transaction. | |||
| 1998-12-31 | restructuring | completed | 1998-12-31 | 1999-12-31 | Global | All Segments | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce level declined from 231,000 at Dec 31, 1998 to a projected 200,000-210,000 at year-end 1999. No specific RIF charges or employee counts for the 1998 fiscal year are disclosed. | |||
| 1998-06-30 | other | announced | 1998-06-30 | 2000-03-31 | United States | Commercial Aircraft — MD-11 program | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company announced plans to phase out MD-11 production with last delivery in Q1 2000; second quarter results include a valuation adjustment for MD-11 program assets and liabilities. No employee-affected count disclosed. | |||
| 1998-03-31 | restructuring | announced | 1998-04 | 2000-12-31 | United States | Primarily Information, Space and Defense Systems | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Plan to streamline facilities and eliminate redundant laboratories; expected reduction of approximately 18 million square feet (more than 15% of current utilization) by end of 2000. Company states no one-time special charge will be required; no employee counts disclosed. | |||
| 1998-03-31 | restructuring | announced | 1998-03-31 | 2000-12-31 | United States | Information, Space and Defense Systems | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to streamline facilities and eliminate redundant laboratories, reducing ~18 million sq ft by end of 2000; no employee count or special charge disclosed. | |||
| 1998-03-31 | divestiture_reduction | announced | 1998-03-31 | United States | Information, Space and Defense Systems — single-engine commercial helicopter business | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Intention to sell single-engine commercial helicopter business to Bell Helicopter Textron, subject to regulatory approval; no employee count disclosed. | ||||
| 1998-03-31 | restructuring | announced | 1998-03-31 | 2000-12-31 | Global | Information, Space and Defense Systems | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company announced plan to streamline facilities, focus manufacturing/assembly, and eliminate redundant labs. Expected to reduce utilization by approx 18 million sq ft (>15%). No one-time special charge required. | |||
| 1998-03-31 | restructuring | announced | 1998-03-31 | 2000-12-31 | Global | Information, Space and Defense Systems | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Plan to streamline facilities, focus manufacturing/assembly, and eliminate redundant laboratories. Expected to reduce 18 million sq ft (>15% utilization). No one-time special charge required. | |||
| 1997-12-31 | acquisition_addition | completed | 1996-12-14 | 1997-08-01 | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | McDonnell Douglas merged into a Boeing subsidiary via stock-for-stock exchange (1.3 Boeing shares per MDC share; 277.3 million shares issued), accounted for as a pooling of interests. Acquired employee headcount is not disclosed. MD&A notes merger-related expenses of $120 million (nondeductible), not a workforce severance charge. | |||||
| 1997-12-31 | acquisition_addition | completed | 1996-12-14 | 1997-08-01 | United States | All segments | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | McDonnell Douglas Corporation merged with Boeing effective August 1, 1997 via stock-for-stock exchange (1.3 Boeing shares per MDC share; 277.3 million shares issued). No employee headcount addition disclosed. Accounted for as pooling of interests. | |||
| 1997-12-31 | other | completed | 1997-10-22 | 1998-12-31 | United States | Commercial Aircraft | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 747 and 737 production lines halted approximately one month in early Q4 1997 due to production rate buildup challenges including raw material shortages, parts shortages, and productivity inefficiencies. No employee count or layoff figures disclosed; process recovery expected during 1998. | |||
| 1997-12-31 | voluntary_separation | completed | 1995-01-01 | Global | All segments | USD 600 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Special retirement program offered during first half of 1995 to encourage early retirements, resulting in a pretax charge of $600 million. Included in 1997 comparative data. | |||
| 1997-12-31 | restructuring | completed | 1997-10-22 | Global | Commercial Aircraft | USD 1,400 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fourth quarter 1997 special pretax charge of $1,400 million related to post-merger strategy decisions for McDonnell Douglas commercial aircraft product lines (MD-80, MD-90, MD-11, 717). Charge principally represented inventory valuation adjustment and customer financing asset valuation adjustments. | |||
| 1997-12-31 | acquisition_addition | completed | 1997-08-01 | 1997-08-01 | Global | All Segments | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | McDonnell Douglas merged with Boeing effective August 1, 1997. Specific headcount added not disclosed. | |||
| 1997-12-31 | acquisition_addition | completed | 1996-12-06 | 1996-12-06 | Global | Information, Space and Defense Systems | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Rockwell aerospace and defense business acquired effective December 6, 1996. Specific headcount added not disclosed. | |||
| 1997-09-30 | acquisition_addition | completed | 64,000 | 1997-08-01 | 1997-08-01 | United States | McDonnell Douglas subsidiary (all operations) | other f5-10q / GLM-5.3-flash-fp4-HTML | Merger with McDonnell Douglas completed August 1, 1997; approximately 64,000 employees of the McDonnell Douglas subsidiary are not currently participants in the ShareValue Trust. Headcount figure disclosed in the context of trust participation, not as a workforce total. | ||
| 1997-09-30 | acquisition_addition | completed | 64,000 | 1996-12-14 | 1997-08-01 | United States | McDonnell Douglas Corporation (all functions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 64,000 McDonnell Douglas employees joined via stock-for-stock merger effective 1997-08-01; not currently participants in ShareValue Trust. | ||
| 1997-09-30 | layoff | announced | 1997-10-27 | 1998-12-31 | United States | Executive Payroll / Senior Management | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger-related involuntary layoff benefit plan for executives; covers layoffs between 1997-08-01 and 1998-12-31. No employee count or charge disclosed. | |||
| 1997-09-30 | restructuring | in_progress | 1997-10-01 | 1998-12-31 | United States | Commercial Aircraft | USD 1,600 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Production lines for 747 and 737 halted for approximately one month beginning early October 1997 due to production inefficiencies. Pretax charge of $1.6 billion recognized in Q3 1997. Recovery expected in 1998. | ||
| 1997-09-30 | other | announced | 1997-11-03 | 1999-06-30 | United States | Douglas Products Division | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Product strategy decisions announced Nov 3, 1997. MD-80 and MD-90 production to end mid-1999. MD-11 limited to freighter. MD-95 future undecided. Financial implications expected in Q4 1997 results. | |||
| 1997-09-30 | restructuring | announced | 1997-11-03 | 1999-06-30 | Douglas Products Division | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Company announced product strategy decisions for Douglas Products Division. MD-80 and MD-90 production to continue until mid-1999. MD-11 limited to freighter version. Expected to result in write-off of program assets and valuation adjustments. No specific employee count disclosed. | ||||
| 1997-09-30 | other | in_progress | 1998-12-31 | Commercial Aircraft | USD 1,600 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Production recovery plans for 7-series commercial aircraft. 747 and 737 lines halted for approx. one month starting early Oct 1997. $1.6B pretax charge recognized in Q3 for recovery plans and late delivery costs. Additional $1B pretax disruption costs expected through 1998. Mentions 'adding thousands of new employees' causing inefficiencies. | ||||
| 1997-06-30 | acquisition_addition | completed | 60,000 | 1997-08-01 | 1997-08-01 | United States | McDonnell Douglas Corporation | other f5-10q / GLM-5.3-flash-fp4-HTML | Merger effective August 1, 1997 (subsequent to quarter end); approximately 60,000 McDonnell Douglas employees became employees of the wholly-owned subsidiary. Merger accounted for as pooling-of-interests; ~279 million Boeing shares issued. | ||
| 1997-06-30 | acquisition_addition | completed | 60,000 | 1996-12-14 | 1997-08-01 | United States | Defense and Space | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | McDonnell Douglas merger effective 1997-08-01; approximately 60,000 employees of the McDonnell Douglas subsidiary noted as not yet ShareValue Trust participants. Pooling-of-interests accounting; no headcount addition figure disclosed for the merger itself. | ||
| 1997-06-30 | other | in_progress | United States | Commercial Aircraft | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rapid production rate buildup (22.5 to over 30 aircraft/month, scheduled to 43/month by Q2 1998) drove a substantial increase in employment, material, and fabrication demand; skill training requirements and parts shortages caused out-of-sequence work and high overtime. No quantified headcount disclosed. | |||||
| 1997-06-30 | acquisition_addition | announced | 60,000 | 1997-06-30 | 1998-01-01 | Global | All segments | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Merger with McDonnell Douglas Corporation effective August 1, 1997. Approximately 60,000 employees of McDonnell Douglas subsidiary expected to become participants in ShareValue Trust effective January 1, 1998. | ||
| 1997-06-30 | acquisition_addition | announced | 60,000 | 1997-06-30 | 1998-01-01 | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Approximately 60,000 employees of McDonnell Douglas subsidiary expected to become participants in ShareValue Trust effective Jan 1, 1998 following merger. | ||||
| 1997-03-31 | acquisition_addition | announced | 1996-12-15 | 1997-09-30 | United States | Defense and space | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement announced 1996-12-15; expected to complete in Q3 1997 with issuance of about 276 million split-adjusted shares. No employee headcount impact disclosed; still pending regulatory and shareholder approvals. | |||
| 1996-12-31 | acquisition_addition | completed | 21,000 | 1996-07-31 | 1996-12-06 | Defense and space (operating as Boeing North American, Inc.) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Merger agreement dated July 31, 1996; acquisition completed December 6, 1996 for ~$875M in stock plus ~$2,180M assumed debt. Acquired units had approximately 21,000 employees and fiscal 1996 sales of $2.5 billion excluding sales to Boeing. | |||
| 1996-12-31 | acquisition_addition | announced | 1996-12-15 | 1997-09-30 | Commercial aircraft; military aircraft; defense and space systems | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Stock-for-stock merger (agreement dated December 14, 1996) announced December 15, 1996; pending shareholder and regulatory approvals, expected to close in Q3 1997. Filing states combined companies would have had about 200,000 employees in 1996; McDonnell Douglas standalone headcount not disclosed. | ||||
| 1996-12-31 | acquisition_addition | completed | 21,000 | 1996-12-06 | 1996-12-06 | United States | Defense and Space | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Rockwell aerospace and defense units had approximately 21,000 employees and fiscal 1996 sales of $2.5 billion excluding sales to Boeing. Acquisition completed December 6, 1996. | ||
| 1996-12-31 | other | announced | 1996-12-15 | 1997-09-30 | United States | All | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Stock-for-stock merger announced December 15, 1996; expected completion Q3 1997. Combined company projected to have about 200,000 employees. No specific MDC headcount disclosed. | |||
| 1996-12-31 | acquisition_addition | completed | 21,000 | 1996-12-06 | 1996-12-06 | United States | Defense and Space | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Rockwell's aerospace and defense business on December 6, 1996. Approximately 21,000 employees added. | ||
| 1996-12-31 | voluntary_separation | completed | 9,500 | 9% | 1995-01-01 | 1995-06-30 | Global | All Segments | USD 600 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Special retirement program offered in first half of 1995. 9,500 employees accepted (9% of total). $600 million pretax charge recognized in 1995. Discussed in 1996 10-K for context. |
| 1996-12-31 | acquisition_addition | completed | 21,000 | 1996-12-06 | 1996-12-06 | United States | Defense and Space | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Rockwell's aerospace and defense business completed December 6, 1996. Added approximately 21,000 employees. | ||
| 1996-12-31 | voluntary_separation | completed | 9,500 | 9% | 1995-06-30 | 1995-06-30 | Global | All Segments | USD 600 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Special retirement program offered in first half of 1995. Approximately 9,500 employees accepted, representing 9% of total employees. Pretax charge of $600 million. |
| 1996-09-30 | acquisition_addition | announced | 21,000 | 1996-08-01 | 1996-12-31 | Defense and space | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Boeing to acquire most of Rockwell's aerospace and defense business; the units employ approximately 21,000 employees. Transaction subject to Rockwell shareholder, debtholder, regulatory and customer approvals; expected to close shortly after December 4, 1996 shareholder meeting. | |||
| 1996-09-30 | acquisition_addition | announced | 21,000 | 1996-08-01 | 1996-12-31 | United States | Defense and Space | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rockwell aerospace/defense units employ approximately 21,000; Boeing to issue ~$860M stock and assume $2.165B debt. Pending Rockwell shareholder approval (meeting 1996-12-04). | ||
| 1996-09-30 | acquisition_addition | announced | 21,000 | 1996-08-01 | 1996-12-31 | United States | Aerospace and Defense | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Boeing to acquire most of Rockwell's aerospace and defense business. Rockwell units employ approximately 21,000 employees. Transaction expected to be completed shortly after December 4, 1996 shareholder meeting. | ||
| 1996-09-30 | other | completed | 1995-10-01 | 1995-12-31 | United States | Commercial Aircraft | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Reference to recovery from 10-week labor strike in fourth quarter of 1995. Strike itself occurred in prior year but referenced as context for current inventory levels. | |||
| 1996-09-30 | acquisition_addition | announced | 21,000 | 1996-08-01 | Aerospace and Defense | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Boeing announced agreement to acquire most of Rockwell's aerospace and defense business units, which employ approximately 21,000 employees. | ||||
| 1996-06-30 | acquisition_addition | announced | 21,000 | 1996-08-01 | United States | Defense and space | USD 860 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Boeing to acquire most of Rockwell's aerospace and defense units; approximately 21,000 employees, annual sales ~$3.2 billion. Consideration: ~$860M common stock plus assumption of $2.165B Rockwell debt and certain retiree obligations. Subject to Rockwell shareholder approval (special meeting November 1996), debtholder consent and regulatory approvals; expected completion shortly after November 1996. | ||
| 1996-06-30 | voluntary_separation | completed | USD 600 (millions) | financial_statements f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Special retirement program expense of $600 million reported for the six months ended June 30, 1996. No employee count disclosed. | ||||||
| 1996-06-30 | acquisition_addition | announced | 1996-08-01 | Aerospace and Defense | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Agreement to acquire Rockwell International Corporation aerospace and defense business units. Transaction subject to approvals. No headcount disclosed. | |||||
| 1996-06-30 | acquisition_addition | announced | 21,000 | 1996-08-01 | Aerospace and Defense | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Boeing announced agreement to acquire most of Rockwell's aerospace and defense business units, which have approximately 21,000 employees. Transaction subject to approvals. | ||||
| 1996-03-31 | other | completed | United States | Commercial aircraft production | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | A 10-week labor strike by the International Association of Machinists occurred in Q4 1995; Q1 1996 deliveries were limited by the recovery in production rates following the strike. | |||||
| 1996-03-31 | other | completed | United States | Commercial aircraft manufacturing | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ten-week labor strike by the International Association of Machinists in Q4 1995; limited first-quarter 1996 deliveries for all models during production-rate recovery. No affected-employee count or dates disclosed. | |||||
| 1996-03-31 | other | completed | United States | Manufacturing | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | 10-week labor strike by the International Association of Machinists in Q4 1995 limited deliveries in Q1 1996. | |||||
| 1996-03-31 | other | completed | 1995-12-31 | United States | Manufacturing | MD&A f5-10q / Qwen3.6-27B-Q8_0 | 10-week labor strike by the International Association of Machinists in Q4 1995 limited deliveries in Q1 1996. | ||||
| 1995-12-31 | voluntary_separation | completed | 9,500 | 9% | 1995 | Company-wide | USD 600 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Special retirement (early retirement) program offered during the first half of 1995 to reduce headcount in line with lower production rates and process improvement initiatives; approximately 9,500 employees (9% of total) accepted. $600M pretax charge ($390M after-tax) recognized in Q2 1995, with the related projected benefit obligation measured at June 30, 1995; to be funded over a minimum of ten years through the retirement plan, limiting annual cash-flow impact. | ||
| 1995-12-31 | other | completed | 1995 | Commercial aircraft operations — IAM-represented employees | MD&A f5-10k / GLM-5.3-flash-HTML | Ten-week strike in the fourth quarter of 1995 by the International Association of Machinists and Aerospace Workers (IAM) delayed about 30 jet transport deliveries, reducing 1995 sales by approximately $2 billion; production rates on all models expected to return to pre-strike levels during Q1 1996. Strike duration, not a booked workforce charge; number of striking employees not disclosed. | |||||
| 1995-12-31 | voluntary_separation | completed | 9,500 | 9% | 1995-01-01 | 1995-06-30 | United States | Company-wide | USD 600 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Special retirement program offered in first half of 1995 to achieve workforce reductions aligned with lower production rates. Approximately 9,500 employees (9% of total) accepted. Pretax charge of $600M; funded over minimum of ten years through retirement plan. |
| 1995-12-31 | other | completed | 1995-10-01 | 1995-12-01 | United States | Commercial Aircraft | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ten-week strike by IAM during Q4 1995 delayed approximately 30 jet transport deliveries, representing approximately $2 billion in reduced sales. Number of striking employees not disclosed. | |||
| 1995-12-31 | voluntary_separation | completed | 9,500 | 9% | 1995-01-01 | 1995-06-30 | Global | All segments | USD 600 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Special retirement program offered in first half of 1995 to achieve desired workforce reductions. Approximately 9,500 employees (9% of total) accepted. Pretax charge of $600 million. |
| 1995-12-31 | voluntary_separation | completed | 9,500 | 9% | 1995-01-01 | 1995-06-30 | Global | All segments | USD 600 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Special retirement program offered in first half of 1995 to achieve workforce reductions corresponding with lower production rates. Approximately 9,500 employees accepted, representing 9% of total employees. Pretax charge of $600 million. |
| 1995-09-30 | voluntary_separation | completed | 9,500 | 1995-01-01 | USD 600 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | One-time early retirement incentive offered in first half of 1995; approximately 9,500 employees accepted. Pre-tax charge of $600 million recognized at June 30, 1995; funded over a minimum of ten years through the retirement plan. | ||||
| 1995-09-30 | other | in_progress | 33,000 | 1995-10-05 | Hourly employees | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | IAM strike initiated October 5, 1995, affecting roughly 33,000 hourly employees; substantial fourth-quarter delivery delays and earnings decrease expected, extent dependent on strike length. | ||||
| 1995-09-30 | other | in_progress | 2,500 | 1995-10-05 | Philadelphia | Hourly employees | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | UAW agreement covering about 2,500 hourly employees at the Philadelphia plant expired October 5, 1995 and was extended day-to-day with 10-day advance notification. | |||
| 1995-09-30 | other | announced | 21,000 | 1995-12-01 | Engineering employees | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Labor agreements with engineering employees' bargaining units, representing approximately 21,000 employees, expire in early December 1995. | ||||
| 1995-09-30 | voluntary_separation | completed | 9,500 | 1995-06-30 | USD 600 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | One-time early retirement incentive offered in the first half of 1995; approximately 9,500 individuals accepted. Announcement date not disclosed; 1995-06-30 is the date the pre-tax charge was recognized. Program funded over a minimum of ten years through the retirement plan; after-tax impact $390 million at year end. | ||||
| 1995-09-30 | other | in_progress | 33,000 | 1995-10-05 | United States | Hourly manufacturing workforce (IAM-represented) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | IAM strike initiated October 5, 1995 (post-quarter event). Filer states the union represents approximately 33,000 hourly employees; strike expected to delay a substantial number of fourth-quarter deliveries, with impact dependent on strike length. | |||
| 1995-09-30 | other | announced | 2,500 | 1995-10-05 | United States — Philadelphia, PA | Hourly workforce (UAW-represented) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | UAW labor agreement covering approximately 2,500 hourly employees at the Philadelphia plant expired October 5, 1995 and has been extended day to day with 10-day advance notification. | |||
| 1995-09-30 | other | announced | 21,000 | 1995-09-30 | 1995-12-31 | United States | Engineering employees' bargaining units | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Labor agreements with engineering bargaining units covering approximately 21,000 employees expire in early December 1995; announcement date not specified, quarter-end date used as placeholder. Expected completion date reflects the stated early-December expiration. | ||
| 1995-09-30 | voluntary_separation | completed | 9,500 | 1995-01-01 | Global | All segments | USD 600 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Special retirement program offered in first half of 1995 to encourage early retirements. Approximately 9,500 individuals accepted the incentive. Pre-tax charge of $600 million recognized. | ||
| 1995-09-30 | other | in_progress | 1995-10-05 | United States | Manufacturing | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | International Association of Machinists and Aerospace Workers (IAM) initiated a labor strike on October 5, 1995, representing approximately 33,000 hourly employees. Strike expected to result in delayed deliveries and decreased earnings. | ||||
| 1995-09-30 | voluntary_separation | completed | 9,500 | 1995-06-30 | USD 600 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Special retirement program offered during first half of 1995 to encourage early retirements. Pre-tax charge of $600 million recognized. | ||||
| 1995-09-30 | other | in_progress | 33,000 | 1995-10-05 | MD&A f5-10q / Qwen3.6-27B-Q8_0 | International Association of Machinists and Aerospace Workers (IAM) initiated labor strike on October 5, 1995, representing approximately 33,000 hourly employees. |