Review the attached balance sheet for the Boeing Company, and answer the following questions about the company's liabilities vs. its equity financing. What percentage of financing at Boeing is based on liabilities (vs. equity)? What does this tell you about how Boeing has chosen to finance its business?

The Boeing Company and Subsidiaries Consolidated Statements of Financial Position (Dollars in millions, except per share data) December 31 2015 2016 Assets Cash and cash equivalents $8,801 $11,302 1,228 750 Short-term and other investments 8,832 8,713 Accounts receivable, net 212 Current portion of customer financing, net 428 Inventories, net of advances and progress billings 47,257 43,199 68.234 62,488 Total current assets 3,773 3,358 Customer financing, net 12,076 12,807 Property, plant and equipment, net 5,324 5,126 Goodwill 2,657 Acquired intangible assets, net 2,540 332 265 Deferred income taxes 1,317 1,284 Investments Other assets, net of accumulated amortization of $497 and $451 1,416 1,408 $94.408 Total assets $89,997 Liabilities and equity Accounts payable $11,190 $10,800 Accrued liabilities 14,691 14,014 23,869 24,364 Advances and bilings in excess of related costs 384 1,234 Short-term debt and current portion of long-term debt 50,134 50,412 Total current liabilities Deferred income taxes 1,338 2,392 5,916 6,616 Accrued retiree health care 19,943 17,783 Accrued pension plan liability, net 2,221 2,078 Other long-term liabilities 9,568 8,730 Long-term debt Shareholders' equity Common stock, par value $5.00 1200,000,000 shares authorized; 1,012.261,159 shares 5,061 5,061 issued Additional paid-in capital 4,762 4,834 (29,568) Treasury stock, at cost Retained earnings (36,097) 40,714 38,756 (13,623) (12,748) Accumulated other comprehensive loss 6,335 Total shareholders' equity 817 60 62 Noncontrolling interests Total equity 877 6,397 $89,997 $94,408 Total liabilities and equity