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Boeing Co Intangible Assets

: $10,486 Mil (As of Jun. 2022)
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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Boeing Co's intangible assets for the quarter that ended in Jun. 2022 was $10,486 Mil.


Boeing Co Intangible Assets Historical Data

The historical data trend for Boeing Co's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Boeing Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Intangible Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,132.00 11,269.00 11,398.00 10,924.00 10,630.00

Boeing Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Intangible Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,778.00 10,701.00 10,630.00 10,557.00 10,486.00

Boeing Co Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Boeing Co  (NYSE:BA) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Boeing Co Intangible Assets Related Terms

Thank you for viewing the detailed overview of Boeing Co's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Boeing Co Business Description

Boeing Co logo
Address
100 North Riverside Plaza, Chicago, IL, USA, 60606-1596
Boeing is a major aerospace and defense firm. With headquarters in Chicago, the firm operates in four segments, commercial airplanes, defense, space & security, global services, and Boeing capital. Boeing's commercial airplanes segment generally produces about 60% of sales and two-thirds of operating profit, and it competes with Airbus in the production of aircraft ranging from 130 seats upwards. Boeing's defense, space & security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. The defense segment produces about 25% of sales and 13% of operating profit, respectively. Boeing's global services segment provides aftermarket servicing to commercial and military aircraft and produces about 15% of sales and 21% of operating profit.
Executives
Pope Stephanie F officer: President & CEO, BGS C/O THE BOEING COMPANY 100 RIVERSIDE PLAZA, MC 5003-1001 CHICAGO IL 60606-1596
Ojakli Ziad S officer: EVP, Gov't Ops FORD MOTOR COMPANY 1350 I ST. NW WASHINGTON D.C. DC 20005
Joyce David Leon director GENERAL ELECTRIC COMPANY 5 NECCO STREET BOSTON MA 02210
West Brian officer: EVP & Chief Financial Officer 770 BROADWAY NEW YORK NY 10003
Dohnalek David A officer: Interim CFO C/O THE BOEING COMPANY 100 RIVERSIDE PLAZA, MC 5003-1001 CHICAGO IL 60606-1596
Harris Stayce D. director 1999 S. BASCOM AVE. SUITE 700 CAMPBELL CA 95008
Hibbard Carol J. officer: Controller C/O THE BOEING COMPANY 100 RIVERSIDE PLAZA, MC 5003-1001 CHICAGO IL 60606-1596
Doughtie Lynne M director C/O THE BOEING COMPANY 100 RIVERSIDE PLAZA, MC 5003-1001 CHICAGO IL 60606-1596
Dandridge Edward Lee officer: SVP, Communications C/O THE BOEING COMPANY 100 RIVERSIDE PLAZA, MC 5003-1001 CHICAGO IL 60606-1596
D Ambrose Michael officer: EVP, Human Resources 77 W. WACKER DR., SUITE 4600 CHICAGO IL 60601
Doniz Susan officer: CIO & SVP, IT & Data Analytics C/O THE BOEING COMPANY 100 RIVERSIDE PLAZA, MC 5003-1001 CHICAGO IL 60606-1596
Johri Akhil director UNITED TECHNOLOGIES CORPORATION 10 FARM SPRINGS ROAD FARMINGTON CT 06032
Mollenkopf Steven M director 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Golightly Niel L officer: SVP, Communications C/O THE BOEING COMPANY 100 RIVERSIDE PLAZA, MC 5003-1001 CHICAGO IL 60606-1596
Richardson John M director 10 S. DEARBORN STREET 54TH FLOOR CHICAGO IL 60603

Boeing Co Headlines

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