“Let me take a shot at the -- I'll talk cash margins, and let's start with the 787. So near term, they're pressured but positive, and we got to work through all the things that we've been describing. In long term, they're going to be higher than they were back in 2018, driven by productivity, pricing in the Dash 10 model.”

In context

“, but there's a reason to feel good, frankly, on the development front with respect to Boeing's defense business. Rich Safran: Thanks for that, Dave. Brian West: John, we have time for one more question. Operator: Certainly, and that will be from Sheila Kahyaoglu with Jefferies. Please go ahead. Sheila Kahyaoglu: Good morning, guys. And thank you. I know it's been asked a thousand different ways, but I don't know if I know the answer yet. So maybe, Dave, can you give us an idea of how -- where you are on the MAX and 787 from a cash per aircraft perspective? Or how far that is below prior peak? And is there a cadence of that profitability, free cash flow as we think about production rates increasing, supply chain impacts and just pricing as you get aircraft out of inventory. Dave Calhoun: Let me take a shot at the -- I'll talk cash margins, and let's start with the 787. So near term, they're pressured but positive, and we got to work through all the things that we've been describing. In long term, they're going to be higher than they were back in 2018, driven by productivity, pricing in the Dash 10 model. So the 87 feels like it's on the verge of doing some real special stuff over the long term. On the 37, near-term pressure because all the supply chain things we talked about, some customer mix things that we're going to battle through and possibly some impact to remarketing. And then long term, it's going to be more or less in line with what it was before and the benefit being the productivity and the rate ramp. So that's kind of how we think about those two programs over time from a cash perspective. Brian West: Really -- Sheila, you really have to get through calendar year '24. And then a lot of the cloud, a lot of the things that we've been wrestling with, the things that impact the -- our margins and the lumpiness along the way, that all begins to clear as we get to the tail end of '2”