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Boeing reported a fourth-quarter free cash flow of $375 million, exceeding estimates. Revenue from commercial airplanes reached $11.4 billion, driven by increased deliveries and production of the 737 model.

The company delivered 160 jets and had a backlog of over 6,100 planes valued at $567 billion. Boeing's defense division generated $7.4 billion in revenue, a 37% increase year-on-year. The total backlog surged to $682 billion with 336 net orders in the quarter.

Boeing's adjusted earnings per share were $9.92, boosted by a $9.6 billion gain from selling its Jeppesen subsidiary. The company continues to face certification challenges and labor negotiations as it recovers from operational issues.