CEO Perspective€¦ · Heidi Capozzi Senior Vice President, Human Resources Leanne Caret Executive Vice President, President and CEO, Defense, Space & Security Ted Colbert President,

Copyright © 2016 Boeing. All rights reserved.

May 2016 Investor Conference

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Dennis MuilenburgChairman, President and Chief Executive Officer

May 11, 2016

CEO Perspective


May 2016 | Investor Conference

A company and history like no other

A century of innovation and human achievement

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Boeing at 100 years…

Decade of restoration and renewal

Stronger and healthier

Heightened expectations, drive competitiveness

Build strength on strength, sharpen and accelerate

Performance & Productivity

Best Team & Talent

Innovation & Growth

Win with integrity

Great opportunities

Well positioned for 2nd century with right products, strategy, people

*

* Non-GAAP measures. Reconciliations and additional information regarding non-GAAP measures are provided on slide 12.

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100 years and beyond…

One Boeing, superior customer value

Strong financial performance

Consistent top-quartile shareholder returns

Leading innovation, fueled by productivity

Global scale and depth

Reliable services & support

Best team: culture, values, excellence

Our goal: The aerospace leader and enduring global industrial champion

Sustained growth, productivity requires top-tier performance in all areas

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Boeing…the next five years

De-risked the business; focused on growth, productivity, cash generation and deployment

Robust

Backlog

Product &

Service Strategy

Productivity

Framework

Cash

Focused

Consistent

Revenue Growth

Accelerate Innovation

& Shape the Future

Operating Margin

Break-Through

Consistent Cash

Generation Growth

2016 – 2020 (Execution)2011 – 2015 (Foundation)

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Build strength on strength…

Build on our strengths, improve them where needed

Strategic Imperatives

Deliver BCA growth, continuity on significantly larger scale

Speed BDS repositioning, extend existing platforms

Expand our international advantage

Leverage and grow Services

Drive innovation through focused enterprise R&D

Aggressively manage financial strength

Empower and deploy new generation of leaders

Leadership Foundation

Reinforce the fundamentals…

Functional excellence

Disciplined innovation

World-class execution

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Sharpen strategies, accelerate pace…

Innovation and Growth Best Team and TalentLeading customer-centric product,

service & operational innovation Unleashing the full potential of

One Boeing and our people

Performance and ProductivityWorld-class develop, produce,

support; profitability to win

Organizational Simplicity

Speed to Market

World-class Safety

Employee Engagement

Aspirational Financial Targets

Step-Function Productivity

Disciplined Cash Management

Enterprise Architecture

Design / Manufacturing Advantage

Expand Globally

Scale Aerospace Services

Leverage Data Analytics

Sharpening and accelerating to deliver top-quartile business results

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Growth & Performance Enablers…

Sharpen our execution, accelerate our pace to drive results

2nd Century Design & Manufacturing

Partnering for Success

Services Growth

One Boeing

Lean+ / Capturing Value of Quality

Development Excellence

Internal Optimization

Innovation

Data Analytics

Global Depth & Scale

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Boeing Leadership

Aligned the organizational structure to drive results

Timothy KeatingSenior Vice President, Government Operations

Scott FancherSenior Vice President, Program Management, Integration & Development Programs

Tom DowneySenior Vice President,Communications

Ray ConnerVice Chairman,

President and CEO,

Commercial Airplanes

Michael LuttigExecutive Vice President, General Counsel

Greg SmithChief Financial Officer Executive Vice President, Corporate Development & Strategy

Diana SandsSenior Vice President, Office of Internal Governance and Administration

Marc AllenSenior Vice President, President, Boeing International

Greg HyslopSenior Vice President, Engineering, Test & Technology

Heidi CapozziSenior Vice President,

Human Resources

Leanne CaretExecutive Vice

President, President

and CEO, Defense,

Space & Security

Ted ColbertSenior Vice President, Information & Analytics and Chief Information Officer

Pat ShanahanSenior Vice President, Supply Chain & Operations

John TracyChief Technology Officer

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Boeing of the Future:

The aerospace leader and enduring global industrial champion

Globally differentiated through depth and scale

Leadership in commercial, defense and services

Decade of sustained top- and bottom-line growth

Leader in innovation, development and

manufacturing excellence

Best team and talent across industry;

top corporate citizen

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12

2015 2004

GAAP Diluted Earnings Per Share $7.44 $2.30

0.28 0.21

$7.72 $2.51

(298) (258)

Weighted average diluted shares (millions) 696.1 813.0

1 Earnings per share impact is presented net of the federal statutory tax rate of 35.0 percent.

Unallocated Pension/Postretirement Expense1

Core Earnings Per Share (Non-GAAP)

Unallocated Pension/Postretirement Expense

12 months ended December 31,

The tables provided below reconcile core earnings per share with the most directly comparable GAAP financial measure. See page 6 of

the company's press release dated April 27, 2016 for additional information on the use of core earnings per share as a non-GAAP financial

measure. Management uses core earnings per share for the purpose of evaluating underlying business performance. Management

believes that these items also help investors assess overall trends in our operational performance and provide additional context for year

over year financial results.

The Boeing Company and Subsidiaries

Reconciliation of Non-GAAP Measures

Core Earnings Per Share

(Unaudited)

Documents

CEO Perspective€¦ · Heidi Capozzi Senior Vice President, Human Resources Leanne Caret Executive Vice President, President and CEO, Defense, Space & Security Ted Colbert President,