Boeing Company (the) · NYSE:BA

Boeing Company (the) — The Boeing Company — Q2 2015 Earnings Presentation

12 slides from Boeing Company (the)'s earnings presentation, Jul 22, 2015

  1. Slide 1: Second-Quarter 2015 Performance Review

    Second-Quarter 2015 Performance Review Dennis Muilenburg President and Chief Executive Officer Greg Smith Executive Vice President of Business Development & Strategy and Chief Financial Officer Jim McNerney Chairman July 22, 2015 Copyright © 2015 Boeing. All rights reserved.

  2. Slide 2: Second-Quarter Summary

    Second-Quarter Summary Boeing | Investor Relations  Results reflect strong core operating performance and record deliveries  Earnings impacted by KC-46 Tanker charge  Continued focus on cost reductions and productivity improvements  Healthy commercial airplane orders; key defense awards  Proven

  3. Slide 3: Business Environment

    Business Environment Boeing | Investor Relations  Global economic growth continues at a moderate pace  Strong passenger traffic; cargo traffic continues to improve  Robust airline profitability; driving healthy demand for aircraft  Commercial aviation remains long-term growth industry  Internat

  4. Slide 4: Second-Quarter Revenue and Earnings

    Second-Quarter Revenue and Earnings Boeing | Investor Relations Revenue Core Earnings (Billions) per Share $28 $3.00 $24.5 $2.39* $22.0 $2.50 $2.42* Adjusted Net Benefit $21 + Tax Items - KC-46 Charge $2.00 KC-46 $2.08* Charge Adjusted $14 $1.50 $1.62* $1.00 $7 $0.50 $0 $0.00 2014Q2 2015Q2 2014Q2 20

  5. Slide 5: Commercial Airplanes Revenues & Operating Margins

    Commercial Airplanes Boeing | Investor Relations Revenues & Operating Margins  Delivered a record 197 airplanes $18 $16.9 18% Revenue (billions) $15 $14.3 15% – Record 737 deliveries of 128 Margin $12 12% $9 10.8%* 9%  Orders valued at $13B; robust backlog of $431B $6 7.1%* 6% $3 3% – Won 171 net

  6. Slide 6: Defense, Space & Security Revenues & Operating Margins

    Defense, Space & Security Boeing | Investor Relations Revenues & Operating Margins  Capturing new and follow-on business $10 18% Revenue (billions) $7.7 $7.5 15% – Awarded contracts for 6 C-17 Globemaster aircraft $8 Margin 12% $6 9% – Task order exercised for Commercial Crew PCM 1 $4 7.5%* 7.2%* 6

  7. Slide 7: Cash Flow

    Cash Flow Boeing | Investor Relations  Strong operating performance $ Billions 2Q14 2Q15  Higher commercial deliveries Net Earnings 1.7 1.1 Depreciation/non-cash 0.5 0.6  Continuing to drive disciplined cash management Working Capital (0.4) 1.6 Operating Cash Flow 1.8 3.3  Repurchased 14 million

  8. Slide 8: Cash and Debt Balances

    Cash and Debt Balances Boeing | Investor Relations S&P: A Boeing debt Cash Moody’s: A2 Marketable Securities Fitch: A BCC debt Billions Billions $15 $10 $12 $8 $9.6 $9.6 $6.6 $6.6 $9 $6 $6 $4 8.6 9.1 $2.4 $2.4 $3 $2 $0 1.0 0.5 $0 2015Q1 2015Q2 2015Q1 2015Q2 Strong liquidity with manageable debt leve

  9. Slide 9: Financial Guidance

    Financial Guidance Boeing | Investor Relations 2015 Revenue $94.5 – 96.5B $7.70 – 7.90 * Core EPS $8.20 – 8.40 Operating Cash >$9B Flow * Non-GAAP measures. Definitions, reconciliations, and further disclosures regarding non-GAAP measures are provided in the company’s earnings press release dated Ju

  10. Slide 10: Caution Concerning Forward-Looking Statements

    Caution Concerning Forward-Looking Statements Boeing | Investor Relations This document contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “should,” “expects,” “intends,” “projects,” “plans,” “believes,” “estimates,”

  11. Slide 11: Copyright © 2015 Boeing. All rights reserved.

    Copyright © 2015 Boeing. All rights reserved.

  12. Slide 12: Non-GAAP Measure Disclosure

    Non-GAAP Measure Disclosure Boeing | Investor Relations 12 Copyright © 2015 Boeing. All rights reserved.

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