v3.26.3
Spirit Acquisition (Tables)
 9 Months Ended
Sep. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Combination
Total consideration for the Spirit Acquisition was $8,389 comprised of the following:
Boeing common stock exchanged for Spirit common stock (1)
$4,704 
Settlement of loans, advances and other payments to Spirit
2,589 
Debt repaid on Spirit’s behalf948 
Premium on assumed Spirit Exchangeable Notes
109 
Exchange of Spirit share-based awards (1)
39 
Fair value of total consideration
$8,389 
(1)     Fair value of consideration reflects the price per share of Boeing common stock on the acquisition date.
Business Combination, Recognized Asset Acquired and Liability Assumed
The preliminary allocation of the purchase price was as follows:
Description
As of December 31, 2025
As of September 30, 2026
Cash and cash equivalents$281 $281 
Accounts receivable339 396 
Unbilled receivables126 128 
Inventories1,438 1,408 
Property, plant and equipment2,419 2,447 
Goodwill9,997 10,598 
Acquired intangible assets109 173 
Other assets116 109 
Accounts payable(953)(963)
Accrued liabilities(1,784)(2,521)
Advances and progress billings(97)(92)
Short-term debt and current portion of long-term debt(329)(329)
Other long-term liabilities(178)(103)
Long-term debt(3,279)(3,279)
Other166 136 
Total net assets acquired$8,371 $8,389 
Present Value of Estimated Revenue, from Expected Amortization Future estimated revenues from the amortization of off-market contract liabilities are as follows:
2026
2027
2028
2029
2030
Estimated revenue
$34 $180 $221 $209 $200