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Revenues
 6 Months Ended
Jun. 29, 2024
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregation of Revenues
Our revenues disaggregated by major product type are presented below:
Three Months EndedSix Months Ended
(In millions)June 29,
2024		July 1,
2023		June 29,
2024		July 1,
2023
Aircraft$975 $920 $1,707 $1,638 
Aftermarket parts and services500 442 956 873 
Textron Aviation1,475 1,362 $2,663 $2,511 
Military aircraft and support programs499 395 979 780 
Commercial helicopters, parts and services295 306 542 542 
Bell794 701 $1,521 $1,322 
Textron Systems323 306 $629 $612 
Fuel systems and functional components492 523 980 1,011 
Specialized vehicles422 503 826 947 
Industrial914 1,026 $1,806 $1,958 
Textron eAviation9 11 $16 $15 
Finance12 18 $27 $30 
Total revenues$3,527 $3,424 $6,662 $6,448 
Our revenues for our segments by customer type and geographic location are presented below:
(In millions)Textron
Aviation		BellTextron
Systems		IndustrialTextron eAviationFinanceTotal
Three months ended June 29, 2024
Customer type:
Commercial$1,343 $288 $79 $908 $9 $12 $2,639 
U.S. Government132 506 244 6 — — 888 
Total revenues$1,475 $794 $323 $914 $9 $12 $3,527 
Geographic location:
United States$1,147 $639 $283 $497 $5 $4 $2,575 
Europe91 14 12 183 3 — 303 
Other international237 141 28 234 1 8 649 
Total revenues$1,475 $794 $323 $914 $9 $12 $3,527 
Three months ended July 1, 2023
Customer type:
Commercial$1,321 $301 $70 $1,024 $11 $18 $2,745 
U.S. Government41 400 236 2 — — 679 
Total revenues$1,362 $701 $306 $1,026 $11 $18 $3,424 
Geographic location:
United States$933 $534 $274 $566 $7 $4 $2,318 
Europe159 35 17 201 4 1 417 
Other international270 132 15 259 — 13 689 
Total revenues$1,362 $701 $306 $1,026 $11 $18 $3,424 
Six months ended June 29, 2024
Customer type:
Commercial$2,498 $527 $151 $1,792 $16 $27 $5,011 
U.S. Government165 994 478 14 — — 1,651 
Total revenues$2,663 $1,521 $629 $1,806 $16 $27 $6,662 
Geographic location:
United States$2,097 $1,198 $557 $957 $9 $8 $4,826 
Europe153 37 25 381 5 5 606 
Other international413 286 47 468 2 14 1,230 
Total revenues$2,663 $1,521 $629 $1,806 $16 $27 $6,662 
Six months ended July 1, 2023
Customer type:
Commercial$2,428 $533 $144 $1,951 $15 $30 $5,101 
U.S. Government83 789 468 7 — — 1,347 
Total revenues$2,511 $1,322 $612 $1,958 $15 $30 $6,448 
Geographic location:
United States$1,769 $994 $549 $1,060 $8 $8 $4,388 
Europe225 54 31 405 6 1 722 
Other international517 274 32 493 1 21 1,338 
Total revenues$2,511 $1,322 $612 $1,958 $15 $30 $6,448 
Remaining Performance Obligations
Our remaining performance obligations, which is the equivalent of our backlog, represent the expected transaction price allocated to our contracts that we expect to recognize as revenues in future periods when we perform under the contracts.  These remaining obligations exclude unexercised contract options and potential orders under ordering-type contracts such as Indefinite Delivery, Indefinite Quantity contracts. At June 29, 2024, we had $13.4 billion in remaining performance obligations of which we expect to recognize revenues of approximately 82% through 2025, an additional 16% through 2027, and the balance thereafter.  
Contract Assets and Liabilities
Assets and liabilities related to our contracts with customers are reported on a contract-by-contract basis at the end of each reporting period. At June 29, 2024 and December 30, 2023, contract assets totaled $351 million and $513 million, respectively, and contract liabilities totaled $1.9 billion and $1.8 billion, respectively, reflecting timing differences between revenues recognized, billings and payments from customers. We recognized revenues of $333 million and $380 million in the second quarter of 2024 and 2023, respectively, and $660 million and $696 million in the first half of 2024 and 2023, respectively, that were included in the contract liability balance at the beginning of each year.