The Boeing Company announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported total revenues of $25,368 million compared to $23,286 million a year ago. Earnings from operations were $3,030 million compared to $2,183 million a year ago. Earnings before income taxes were $2,972 million compared to $2,103 million a year ago. Net earnings were $3,132 million or $5.18 per diluted share compared to $1,631 million or $2.59 per diluted share a year ago. Core operating earnings (non-GAAP) were $2,676 million or $4.80 per share compared to $2,064 million or $7.61 per share a year ago.

For the year, the company reported total revenues of $93,392 million compared to $94,571 million a year ago. Earnings from operations were $10,278 million compared to $5,834 million a year ago. Earnings before income taxes were $10,047 million compared to $5,568 million a year ago. Net earnings were $8,197 million or $13.43 per diluted share compared to $4,895 million or $7.61 per diluted share a year ago. Net cash provided by operating activities was $13,344 million compared to $10,499 million a year ago. Property, plant and equipment additions were $1,739 million compared to $2,613 million a year ago. Core operating earnings (non-GAAP) were $8,970 million or $12.04 per share compared to $5,464 million or $7.24 per share a year ago.

The company provided earnings guidance for the full year of 2018. For the year, the company's operating cash flow expected to increase to approximately $15.0 billion. Revenue guidance of between $96.0 and $98.0 billion reflects commercial deliveries of between 810 and 815. 2018 GAAP EPS of between $15.90 and $16.10; core EPS (non-GAAP) of between $13.80 and $14.00. The company expects capital expenditure of $0.1 billion and effective tax rate of 16.0%.