The Boeing Company reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported total revenue of USD 23,286 million compared to USD 23,573 million a year ago. Income from operating investments, net was USD 83 million compared to USD 67 million a year ago. Earnings from operations were USD 2,183 million compared to USD 1,161 million a year ago. Earnings before income taxes were USD 2,103 million compared to USD 1,099 million a year ago. Net earnings were USD 1,631 million compared to USD 1,026 million a year ago. Diluted earnings per share were USD 2.59 compared to USD 1.51 a year ago. Operating cash flow in the quarter was USD 2.8 billion was driven by solid operating performance, disciplined cash management, and a slight impact from timing of receipts and expenditures.

For the full year, the company reported total revenue of USD 94,571 million compared to USD 96,114 million a year ago. Income from operating investments, net was USD 303 million compared to USD 274 million a year ago. Earnings from operations were USD 5,834 million compared to USD 7,443 million a year ago. Earnings before income taxes were USD 5,568 million compared to USD 7,155 million a year ago. Net earnings were USD 4,895 million compared to USD 5,176 million a year ago. Diluted earnings per share were USD 7.61 compared to USD 7.44 a year ago. Net cash provided by operating activities was USD 10,499 million compared to USD 9,363 million a year ago. Property, plant and equipment additions were USD 2,613 million compared to USD 2,450 million a year ago. Core earnings per share totaled was USD 7.24

The company provided earnings guidance for the full year 2017. For the year, the company expected core EPS in the range of USD 9.10 to USD 9.30. Revenue is expected in the range of USD 90.5 billion to USD 92.5 billion. GAAP earnings per share are expected in the range of USD 10.25 to USD 10.45. Capital expenditures are expected to be USD 2.3 billion and effective tax rate is expected to be 32.0%.