Consolidated Balance Sheets - USD ($) shares in Thousands, $ in Millions	Apr. 02, 2016	Jan. 02, 2016
Assets
Cash and equivalents	$ 778	$ 1,005
Inventories	4,477	4,144
Finance receivables, net	1,066	1,087
Total assets	15,099	14,708
Liabilities
Total liabilities	10,110	9,744
Shareholders' equity
Common stock	36	36
Capital surplus	1,617	1,587
Treasury stock	(774)	(559)
Retained earnings	5,442	5,298
Accumulated other comprehensive loss	(1,332)	(1,398)
Total shareholders' equity	4,989	4,964
Total liabilities and shareholders' equity	$ 15,099	$ 14,708
Common shares outstanding	268,721	274,228
Manufacturing group
Assets
Cash and equivalents	$ 723	$ 946
Accounts receivable, net	1,209	1,047
Inventories	4,477	4,144
Other current assets	328	341
Total current assets	6,737	6,478
Property, plant and equipment, less accumulated depreciation and amortization of $4,015 and $3,915	2,560	2,492
Goodwill	2,114	2,023
Other assets	2,397	2,399
Total assets	13,808	13,392
Liabilities
Short-term debt and current portion of long-term debt	309	262
Accounts payable	1,227	1,063
Accrued liabilities	2,341	2,467
Total current liabilities	3,877	3,792
Other liabilities	2,320	2,376
Long-term debt	2,800	2,435
Total liabilities	8,997	8,603
Finance group
Assets
Cash and equivalents	55	59
Finance receivables, net	1,066	1,087
Other assets	170	170
Total assets	1,291	1,316
Liabilities
Other liabilities	225	228
Debt	888	913
Total liabilities	$ 1,113	$ 1,141

The carrying amount of financing receivables, net of the allowance for losses.

No definition available.

Name:	txt_FinanceReceivablesNet
Namespace Prefix:	txt_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).