Customer Financing (Tables)

9 Months Ended

Sep. 30, 2013

Customer financing primarily relates to the Boeing Capital (BCC) segment and consisted of the following:



	September 30 2013			December 31 2012
Financing receivables:
Investment in sales-type/finance leases		$1,736			$1,850
Notes	600			592
Operating lease equipment, at cost, less accumulated depreciation of $550 and $628	1,936			2,038
Gross customer financing	4,272			4,480
Less allowance for losses on receivables	(53		)	(60		)
Total		$4,219			$4,420

Financing Receivable Credit Quality Indicators

Our financing receivable balances by internal credit rating category are shown below.



Rating categories	September 30 2013		December 31 2012
BBB		$1,118		$1,201
BB	57		63
B	146		51
CCC	460		511
D	454		524
Other	101		92
Total carrying value of financing receivables		$2,336		$2,442

Schedule Of Customer Financing Carrying Values Related To Major Aircraft Concentrations

Customer Financing Exposure Customer financing is collateralized by security in the related asset. The value of the collateral is closely tied to commercial airline performance and overall market conditions and may be subject to reduced valuation with market decline. Declines in collateral values are also a significant driver of our allowance for losses. Generally, out-of-production aircraft have experienced greater collateral value declines than in-production aircraft. Our customer financing portfolio is primarily collateralized by out-of-production aircraft. The majority of customer financing carrying values are concentrated in the following aircraft models:



	September 30 2013		December 31 2012
717 Aircraft ($449 and $465 accounted for as operating leases) ⁽¹⁾		$1,701		$1,781
757 Aircraft ($408 and $454 accounted for as operating leases) ⁽¹⁾	473		561
MD-80 Aircraft (Accounted for as sales-type finance leases)⁽¹⁾	418		446
787 Aircraft (Accounted for as operating leases)	370		286
747 Aircraft ($230 and $221 accounted for as operating leases)	336		221
MD-11 Aircraft (Accounted for as operating leases) ⁽¹⁾	257		269
737 Aircraft ($144 and $193 accounted for as operating leases)	218		316
767 Aircraft ($62 and $63 accounted for as operating leases)	204		223


⁽¹⁾	Out-of-production aircraft.