The company's non-cash pension expense is expected to be approximately $1.2 billion in 2010.
Table 7. Financial Outlook
| 2010 | |
|
| |
The Boeing Company |
| |
Revenue | $64 - $66 | |
Earnings Per Share (GAAP) | $3.50 - $3.80 | |
Operating Cash Flow 1 | ~ $0 | |
|
| |
Boeing Commercial Airplanes |
| |
Deliveries | 460 - 465 | |
Revenue | $31 - $32 | |
Operating Margin | 6.5% - 7.5% | |
|
| |
Boeing Defense, Space & Security |
| |
Revenue |
| |
Boeing Military Aircraft | ~ $15 | |
Network & Space Systems | ~ $9 | |
Global Services & Support | ~ $8.5 | |
Total BDS Revenue | $32 - $33 | |
|
| |
Operating Margin |
| |
Boeing Military Aircraft | ~ 10.5% | |
Network & Space Systems | ~ 8.5% | |
Global Services & Support | ~ 11% | |
Total BDS Operating Margin | ~ 10% | |
|
| |
Boeing Capital Corporation |
| |
Portfolio Size | Lower | |
Revenue | ~ $0.6 | |
Return on Assets | > 1.0% | |
|
| |
Research & Development | $3.9 - $4.1 | |
Capital Expenditures | ~ $1.9 | |
1 After cash pension contributions of less than $0.1 billion and assuming new aircraft financings under $0.5 billion. | ||
Non-GAAP Measure Disclosure
Management believes that the non-GAAP (Generally Accepted Accounting Principles) measures (indicated by an asterisk *) used in this report provide investors with important perspectives into the company's ongoing business performance. The company does not intend for the information to be considered in isolation or as a substitute for the related GAAP measures. Other companies may define the measures differently. The following definitions are provided: