Boeing Company (the) · NYSE:BA

Boeing Company (the) — Q3 2013 Earnings Presentation

12 slides from Boeing Company (the)'s earnings presentation, Oct 23, 2013

  1. Slide 1: Third-Quarter 2013 Performance Review

    Third-Quarter 2013 Performance Review Jim McNerney Chairman, President and Chief Executive Officer Greg Smith Executive Vice President and Chief Financial Officer October 23, 2013 Copyright © 2013 Boeing. All rights reserved.

  2. Slide 2: Business Environment

    Business Environment Boeing | Investor Relations  Global economic growth continues at a moderate pace  Passenger traffic healthy; cargo traffic remains under pressure  International defense growth opportunities; defense budget pressures in U.S. and other developed markets  Commercial aviation re

  3. Slide 3: Third-Quarter Summary

    Third-Quarter Summary Boeing | Investor Relations  Results reflect strong core operating performance  Strong commercial airplane orders capture; key defense wins  Production ramp-ups and development programs progressing to plan  Strong fundamental product-and-services strategies  Net orders of

  4. Slide 4: Third-Quarter Revenue and Earnings

    Third-Quarter Revenue and Earnings Boeing | Investor Relations Revenue Core Earnings (Billions) per Share * $25 $2.00 $22.1 $1.80 $20.0 $20 $1.55 $1.50 $15 $1.00 $10 $0.50 $5 $0 $0.00 2012Q3 2013Q3 2012Q3 2013Q3 * Non-GAAP measures. Definitions, reconciliations, and further disclosures regarding non

  5. Slide 5: Commercial Airplanes Revenues & Operating Margins

    Commercial Airplanes Boeing | Investor Relations Revenues & Operating Margins  Continued strong operating performance Revenue (billions)  Delivered 170 airplanes in Q3 Margin  Orders valued at $20B; record backlog of $345B – Won 200 net orders – Cumulative orders for 737 MAX of 1,567 and 787-10 o

  6. Slide 6: Defense, Space & Security

    Defense, Space & Security Boeing | Investor Relations  Continued strong operating performance Revenues & Operating Margins $10 15% $8.0  Capturing new and follow-on business Revenue (billions) $8 $7.8 Margin 10% $6 – U.S. Navy contract for 13 additional P-8A Poseidon aircraft 10.5% $4 8.4% 5% – Me

  7. Slide 7: Other results

    Other results Boeing | Investor Relations  Boeing Capital Corporation – Supporting business units while prudently managing portfolio and risk – Net financing portfolio was unchanged at $4.1 billion  Other and Unallocated Expense – Other segment earnings improved by $118 million primarily due to an

  8. Slide 8: Cash Flow

    Cash Flow Boeing | Investor Relations $ Billions 3Q12 3Q13 Net Earnings 1.0 1.2  Increased production rates Depreciation/non-cash 0.7 0.5  Strong core operating performance 1 Working Capital 0.6 2.6 Operating Cash Flow Before 2.3 4.3  Timing of receipts and expenditures Pension Contributions*  R

  9. Slide 9: Cash and Debt Balances

    Cash and Debt Balances Boeing | Investor Relations S&P: A Boeing debt1 Cash Moody’s: A2 Billions Marketable Securities Billions Fitch: A BCC debt2 $18 $12 $15.9 $14.3 $15 $10 $12 $8 10.0 $7.0 $7.0 8.7 $9 $6 $6 $4 $2.6 $2.6 $3 5.6 5.9 $2 $0 $0 2013Q2 2013Q3 2013Q2 2013Q3 1 The Boeing Company debt, ne

  10. Slide 10: Financial Guidance

    Financial Guidance Boeing | Investor Relations Revenue (Billions) Core Earnings per Share* Operating Cash Flow before Pension Contributions* (Billions) $83 - 86 $6.50 - 6.65 > $8.5 $82 $6.20 - 6.40 $9.0 > $8.0 $5.88 2012A 2013 2012A 2013 2012A 2013 * Non-GAAP measures. Definitions, reconciliations,

  11. Slide 11: 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,”

  12. Slide 12: Copyright © 2013 Boeing. All rights reserved.

    Copyright © 2013 Boeing. All rights reserved.

Boeing — Q3 2013 Earnings Presentation on 6ix