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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Apr. 02, 2016
Apr. 04, 2015
Cash flows from operating activities    
Net income $ 150 $ 128
Less: Loss from discontinued operations (1)  
Income from continuing operations 151 128
Non-cash items:    
Depreciation and amortization 109 110
Deferred income taxes 19 (7)
Other, net 30 32
Changes in assets and liabilities:    
Accounts receivable, net (143) (115)
Inventories (313) (327)
Other assets 61 (45)
Accounts payable 147 127
Accrued and other liabilities (230) (63)
Income taxes, net 17 95
Pension, net 7 17
Captive finance receivables, net (4) 31
Other operating activities, net (1) (2)
Net cash provided by (used in) operating activities of continuing operations (150) (19)
Net cash used in operating activities of discontinued operations   (2)
Net cash provided by (used in) operating activities (150) (21)
Cash flows from investing activities    
Net cash used in acquisitions (164) (32)
Capital expenditures (88) (79)
Finance receivables repaid 17 31
Other investing activities, net 10 23
Net cash provided by (used in) investing activities (225) (57)
Cash flows from financing activities    
Proceeds from long-term debt 362 9
Increase in short-term debt 42 25
Principal payments on long-term debt and nonrecourse debt (46) (70)
Purchases of Textron common stock (215)  
Dividends paid (6) (6)
Other financing activities, net 7 11
Net cash provided by (used in) financing activities 144 (31)
Effect of exchange rate changes on cash and equivalents 4 (5)
Net increase (decrease) in cash and equivalents (227) (114)
Cash and equivalents at beginning of period 1,005 822
Cash and equivalents at end of period 778 708
Manufacturing group    
Cash flows from operating activities    
Net income 147 124
Less: Loss from discontinued operations (1)  
Income from continuing operations 148 124
Non-cash items:    
Depreciation and amortization 106 108
Deferred income taxes 17 (3)
Other, net 29 28
Changes in assets and liabilities:    
Accounts receivable, net (143) (115)
Inventories (313) (327)
Other assets 62 (51)
Accounts payable 147 127
Accrued and other liabilities (223) (54)
Income taxes, net 16 81
Pension, net 7 17
Other operating activities, net (1) (2)
Net cash provided by (used in) operating activities of continuing operations (148) (67)
Net cash used in operating activities of discontinued operations   (2)
Net cash provided by (used in) operating activities (148) (69)
Cash flows from investing activities    
Net cash used in acquisitions (164) (32)
Capital expenditures (88) (79)
Other investing activities, net   (6)
Net cash provided by (used in) investing activities (252) (117)
Cash flows from financing activities    
Proceeds from long-term debt 345  
Increase in short-term debt 42 25
Purchases of Textron common stock (215)  
Dividends paid (6) (6)
Other financing activities, net 7 2
Net cash provided by (used in) financing activities 173 21
Effect of exchange rate changes on cash and equivalents 4 (5)
Net increase (decrease) in cash and equivalents (223) (170)
Cash and equivalents at beginning of period 946 731
Cash and equivalents at end of period 723 561
Finance group    
Cash flows from operating activities    
Net income 3 4
Income from continuing operations 3 4
Non-cash items:    
Depreciation and amortization 3 2
Deferred income taxes 2 (4)
Other, net 1 4
Changes in assets and liabilities:    
Other assets (1) 6
Accrued and other liabilities (7) (9)
Income taxes, net 1 14
Net cash provided by (used in) operating activities of continuing operations 2 17
Net cash provided by (used in) operating activities 2 17
Cash flows from investing activities    
Finance receivables repaid 68 112
Finance receivables originated (55) (50)
Other investing activities, net 10 29
Net cash provided by (used in) investing activities 23 91
Cash flows from financing activities    
Proceeds from long-term debt 17 9
Principal payments on long-term debt and nonrecourse debt (46) (70)
Other financing activities, net   9
Net cash provided by (used in) financing activities (29) (52)
Net increase (decrease) in cash and equivalents (4) 56
Cash and equivalents at beginning of period 59 91
Cash and equivalents at end of period $ 55 $ 147