What does your group think about the quality of the goodwill disclosures provided in your companys 10K? In your discussion, think about the following questions (you dont have to answer these questions directly, they are to help guide your thought process):

1. Can you tell from the 10K why this goodwill even exists?

2. How much detail does the 10K provide as to why the balance of goodwill changed over the past year?

3. How much does the 10K discuss the possibility of goodwill impairment charges in the future? If so, should investors of your company be concerned about goodwill impairment in the future?

4. If you think the goodwill disclosure is lacking in some area, then what information would you want to see?

The Boeing Company and Subsidiaries Consolidated Statements of Financial Position (Dollars in millions, except per share data) December 31, Assets Cash and cash equivalents Short-term and other investments Accounts receivable, net Current portion of customer financing, net Inventories, net of advances and progress billings Total current assets Customer financing, net Property, plant and equipment, net Goodwill Acquired intangible assets, net Deferred income taxes Investments Other assets, net of accumulated amortization of $451 and $479 Total assets Liabilities and equity Accounts payable 2014 2015 $11,302 $11,733 750 1,359 8,713 7,729 212 190 47,257 46,756 68,234 67,767 3,358 3,371 12,076 11,007 5,126 5,119 2,657 2,869 265 317 1,284 1,154 1,408 1,317 $94,408 $92,921 $10,800 $10,667