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Segment Financial Information (Tables)

3 Months Ended

Mar. 29, 2025

Segment Reporting [Abstract]

Reconciliation of Revenues by Segment

Our revenues and expenses by segment are provided below:

(In millions)			Textron Aviation			Bell			Textron Systems			Industrial			Textron eAviation			Finance			Total
Three months ended March 29, 2025
Revenues			$	1,212		$	983		$	296		$	792		$	7		$	16		$	3,306
Costs and expenses:
Cost of sales			929			803			219			678			6			—			2,635
Research and development costs			57			39			8			14			14			—			132
Selling and administrative expense			99			51			29			70			4			2			255
Interest expense, net			—			—			—			—			—			4			4
Segment profit (loss)			$	127		$	90		$	40		$	30		$	(17)		$	10		$	280
Three months ended March 30, 2024
Revenues			$	1,188		$	727		$	306		$	892		$	7		$	15		$	3,135
Costs and expenses:
Cost of sales			891			565			222			758			6			—			2,442
Research and development costs			52			39			18			20			15			—			144
Selling and administrative expense			102			43			28			85			4			(8)			254
Interest expense, net			—			—			—			—			—			5			5
Segment profit (loss)			$	143		$	80		$	38		$	29		$	(18)		$	18		$	290

Reconciliation of Segment Profit to Income From Continuing Operations Before Income Taxes

A reconciliation of segment profit to income before income taxes, is presented below:

															Three Months Ended
(In millions)																		March 29, 2025			March 30, 2024
Segment profit																		$	280		$	290
Unallocated amounts:
Corporate expenses and other, net																		(43)			(62)
Interest expense, net for Manufacturing group																		(25)			(15)
LIFO inventory provision																		(29)			(20)
Intangible asset amortization																		(8)			(8)
Special charges																		—			(14)
Non-service components of pension and postretirement income, net																		66			66
Income before income taxes																		$	241		$	237

Other Information by Segment

Other information by segment is provided below:

									Capital Expenditures												Depreciation and Amortization
						Three Months Ended									Three Months Ended
(In millions)									March 29, 2025			March 30, 2024									March 29, 2025			March 30, 2024
Textron Aviation									$	25		$	27								$	37		$	36
Bell									15			19									22			19
Textron Systems									5			8									12			11
Industrial									10			11									17			18
Textron eAviation									1			1									2			2
Corporate									—			—									2			2
Total									$	56		$	66								$	92		$	88

Our assets by segment are summarized below:

(In millions)																		March 29, 2025			December 28, 2024
Textron Aviation																		$	4,795		$	4,624
Bell																		3,073			2,992
Textron Systems																		2,045			2,036
Industrial																		2,413			2,378
Textron eAviation																		294			286
Finance																		679			680
Corporate																		3,643			3,842
Total assets																		$	16,942		$	16,838

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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