BOEING CO | 2013 | FY | 3

Net deferred tax (liabilities)/assets at December 31 were as follows:
 
2013

 
2012

Deferred tax assets

$12,486

 

$16,580

Deferred tax liabilities
(15,664
)
 
(14,046
)
Valuation allowance
(125
)
 
(121
)
Net deferred tax (liabilities)/assets

($3,303
)
 

$2,413

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