The Boeing Company 2008 Annual Report VISION 2016: PEOPLE WORKING TOGETHER AS a GLOBAL ENTERPRISE for AEROSPACE LEADERSHIP
The Boeing Company 2008 Annual Report VISION 2016: PEOPLE WORKING TOGETHER AS A GLOBAL ENTERPRISE FOR AEROSPACE LEADERSHIP Contents 1 Operational Summary 2 Message to Shareholders 7 Executive Council 8 Financial Summary Charts 9 Form 10-K 136 Regulatory Certifications 137 Selected Programs, Products and Services 144 Board of Directors 144 Company Officers 145 Shareholder Information 3 3 2008 Financial Summary U.S. dollars in millions except per share data 2008 2007 2006 2005 2004 Revenues 60,909 66,387 61,530 53,621 51,400 Net earnings 2,672 4,074 2,215 2,572 1,872 Earnings per share* 3.65 5.26 2.84 3.19 2.24 Operating margins 6.5% 8.8% 4.9% 5.2% 3.9% Contractual backlog 323,860 296,964 216,563 160,637 104,778 Total backlog† 352,025 327,137 250,211 205,215 152,873 *Before cumulative effect of accounting change and net gain (loss) from discontinued operations †Total backlog includes contractual and unobligated backlog. See page 23 of the 10-K. Operational Summary The Boeing Company Boeing is the world’s lead- I Earned $2.7 billion on revenues of $60.9 billion, both down from 2007 ing aerospace company levels due to the strike that halted commercial airplane production for nearly and the largest manufac- turer of commercial jetliners 60 days, a 747 program charge and increased costs on an airborne early and military aircraft com- warning program. bined, providing products I and tailored services to Increased our record order backlog to $352 billion at year end, an eight airlines and U.S.
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