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Segment Information
 3 Months Ended
Apr. 02, 2016
Segment Information  
Segment Information

 

Note 13.  Segment Information

 

We operate in, and report financial information for, the following five business segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance.  Segment profit is an important measure used for evaluating performance and for decision-making purposes.  Segment profit for the manufacturing segments excludes interest expense and certain corporate expenses. The measurement for the Finance segment includes interest income and expense.

 

Our revenues by segment, along with a reconciliation of segment profit to income from continuing operations before income taxes, are as follows:

 

 

Three Months Ended

(In millions)

April 2,
2016

April 4,
2015

Revenues

 

 

Textron Aviation

     $
1,091

     $
1,051

Bell
814
813

Textron Systems
324
315

Industrial
952
872

Finance
20
22

 

 

 

Total revenues

     $
3,201

     $
3,073

 

 

 

 

 

Segment Profit

 

 

Textron Aviation

     $
73

     $
67

Bell
82
76

Textron Systems
29
28

Industrial
91
82

Finance
5
6

 

 

 

Segment profit
280
259

Corporate expenses and other, net
(32)
(42)

Interest expense, net for Manufacturing group
(33)
(33)

 

 

 

Income from continuing operations before income taxes

     $
215

     $
184