XML 35 R12.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Goodwill and Intangible Assets | 12 Months Ended
--- | ---
Dec. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The changes in the carrying amount of goodwill by segment are as follows:
(In millions) | Textron Aviation | Bell | Textron Systems | Industrial | Textron eAviation | Total
Balance at December 31, 2022 | $ | 633 |  | $ | 37 |  | $ | 1,010 |  | $ | 465 |  | $ | 138 |  | $ | 2,283 |
Foreign currency translation | — |  | — |  | — |  | 5 |  | 7 |  | 12 |
Balance at December 30, 2023 | 633 |  | 37 |  | 1,010 |  | 470 |  | 145 |  | 2,295 |
Acquisitions | — |  | — |  | — |  | — |  | 10 |  | 10 |
Foreign currency translation | (1) |  | — |  | — |  | (7) |  | (9) |  | (17) |
Balance at December 28, 2024 | $ | 632 |  | $ | 37 |  | $ | 1,010 |  | $ | 463 |  | $ | 146 |  | $ | 2,288 |
Intangible Assets Our intangible assets are summarized below:
|  | December 28, 2024 | December 30, 2023
(Dollars in millions) | Weighted-Average Amortization Period (in years) | Gross Carrying Amount | Accumulated Amortization | Net | Gross Carrying Amount | Accumulated Amortization | Net
Trade names and trademarks | 18 | $ | 199 |  | $ | (11) |  | $ | 188 |  | $ | 200 |  | $ | (9) |  | $ | 191 |
Patents and technology | 15 | 509 |  | (360) |  | 149 |  | 510 |  | (333) |  | 177 |
Customer relationships and contractual agreements | 15 | 356 |  | (331) |  | 25 |  | 357 |  | (326) |  | 31 |
Total |  | $ | 1,064 |  | $ | (702) |  | $ | 362 |  | $ | 1,067 |  | $ | (668) |  | $ | 399 |
Trade names and trademarks in the table above include $169 million of indefinite-lived intangible assets at both December 28, 2024 and December 30, 2023. Amortization expense totaled $34 million, $39 million and $52 million, in 2024, 2023 and 2022, respectively. Amortization expense is estimated to be approximately $32 million, $29 million, $27 million, $26 million and $25 million in 2025, 2026, 2027, 2028 and 2029, respectively.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration