EX-12.1 5 tweone.htm EXHIBIT 12

EXHIBIT 12.1

TEXTRON MANUFACTURING

COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES

(unaudited)

(In millions except ratio)

 

Six Months
Ended
July 3, 2004

  

Fixed charges:

      

     Interest expense

$

54

  

     Estimated interest portion of rents

  

17

  


          Total fixed charges


$


71

  
   

 

  
   

 

  

Income:

  

 

  

     Income from operations before income taxes

$

209

  

     Fixed charges

  

71

  


          Adjusted income


$


280

  
   

 

  


 

 

  

Ratio of income to fixed charges

  

3.94