|
Financing activities other than BCC, consisting principally
of four C-17 transport aircraft under lease to the United Kingdom
Royal Air Force, are included within the Other segment classification.
In the second quarter of 2001, the Company established an
Other segment classification which principally includes the
activities
of Connexion by BoeingSM, a two-way broadband data communications
service for global travelers; Air Traffic Management, a business
unit developing new approaches to a global solution to address
air traffic management issues; and Boeing Technology, an
advanced research and development organization focused on innovative
technologies, improved processes and the creation of new
products.
The 2001 and 2000 results have been reclassified to conform
to the revised segment classifications.
In the first quarter
of 2002, the Company began separately reporting BCC which
was originally included in the Customer and Commercial Financing
segment classification. The 2001 and 2000 results have been
restated to conform to the revised segment classification
with
the remaining balance reclassified to the Other segment.
On
July 10, 2002, the Company announced the creation of Integrated
Defense Systems (IDS), a business unit merging the
Company’s total space, defense, government, intelligence and communications capabilities
into one organization. Prior to the announcement, these operations were contained
in the
Company’s Military Aircraft and Missile Systems and Space and Communications
reportable segments. Since the formation of IDS, the composition and review structure
of internal financial information related to these operations has remained unchanged.
Hence, at present, segment disclosures remain on the same basis. Beginning in
the first quarter of 2003, the Company will no longer report results for Military
Aircraft and Missile Systems segment and Space and Communications segment and
will report consolidated IDS results and the results of its four reporting segments:
(1) Aircraft and Weapon Systems; (2) Network Systems; (3) Launch and Orbital
Systems; and (4) Support Systems.
While the Company’s principal operations are in the United States, Canada, and
Australia, some key suppliers and subcontractors are located in Europe and Japan.
Sales and other operating
revenue by geographic area consisted of the following:
Commercial Airplanes segment sales were approximately 78%,
70% and 86% of total sales in Europe and approximately 87%,
89% and 90% of total sales in Asia, excluding China, for 2002,
2001 and 2000, respectively. Military Aircraft and Missile Systems
segment and Space and Communications
segment combined sales were approximately 20%, 29% and 13%
of total
sales in Europe for 2002, 2001 and 2000, respectively. Military
Aircraft and Missile Systems segment and Space and Communications
segment combined sales were approximately 12%, 10%
and 9% of total sales in Asia, excluding China, for the same
respective years. Exclusive of these amounts, Military Aircraft
and Missile Systems segment and Space and Communications
segment sales were principally to the U.S. Government and represented
42%, 33% and 34% of consolidated sales for 2002,
2001 and 2000, respectively. Approximately 5% of operating
assets are located outside the United States. |
