Contracts with Customers

9 Months Ended

Sep. 30, 2023

Revenue from Contract with Customer [Abstract]

Contracts with Customers

Contracts with Customers

Unbilled receivables increased from $8,634 at December 31, 2022 to $9,184 at September 30, 2023, primarily driven by revenue recognized at BDS and BGS in excess of billings.

Advances and progress billings increased from $53,081 at December 31, 2022 to $55,924 at September 30, 2023, primarily driven by advances on orders received at Commercial Airplanes (BCA), partially offset by revenue recognized from amounts previously recorded as advances or progress billings at BDS.

Revenues recognized during the nine months ended September 30, 2023 and 2022 from amounts recorded as Advances and progress billings at the beginning of each year were $11,602 and $9,501. Revenues recognized during the three months ended September 30, 2023 and 2022 from amounts recorded as Advances and progress billings at the beginning of each year were $3,717 and $2,687.