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Consolidated Statements of Cash Flows (Unaudited) - Manufacturing Group and Finance Group - USD ($)
$ in Millions
 3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash flows from operating activities    
Net income $ 207 $ 201
Non-cash items:    
Depreciation and amortization 92 88
Deferred income taxes (22) (16)
Other, net 41 33
Changes in assets and liabilities:    
Accounts receivable, net 16 (34)
Inventories (183) (350)
Other assets (136) 100
Accounts payable 171 121
Other liabilities (282) (159)
Income taxes, net 39 39
Pension, net (59) (56)
Other operating activities, net 5 4
Net cash provided by (used in) operating activities (124) (7)
Cash flows from investing activities    
Capital expenditures (56) (66)
Net proceeds from corporate-owned life insurance policies 31 3
Proceeds from sale of property, plant and equipment 0 3
Finance receivables repaid 9 8
Finance receivables originated 0 (11)
Other investing activities, net 15 0
Net cash provided by (used in) investing activities (1) (63)
Cash flows from financing activities    
Proceeds from issuance of debt 495 0
Principal payments on long-term debt and nonrecourse debt (355) (365)
Purchases of Textron common stock (215) (317)
Proceeds from options exercised 6 63
Dividends paid (3) (4)
Other financing activities, net (6) (14)
Net cash used in financing activities (78) (637)
Effect of exchange rate changes on cash and equivalents 7 (8)
Net increase (decrease) in cash and equivalents (196) (715)
Cash and equivalents at beginning of period 1,441 2,181
Cash and equivalents at end of period 1,245 1,466
Manufacturing group    
Cash flows from operating activities    
Net income 199 187
Non-cash items:    
Depreciation and amortization 92 88
Deferred income taxes (23) (16)
Other, net 42 44
Changes in assets and liabilities:    
Accounts receivable, net 16 (34)
Inventories (183) (350)
Other assets (136) 100
Accounts payable 171 121
Other liabilities (276) (153)
Income taxes, net 38 35
Pension, net (59) (56)
Other operating activities, net 5 4
Net cash provided by (used in) operating activities (114) (30)
Cash flows from investing activities    
Capital expenditures (56) (66)
Net proceeds from corporate-owned life insurance policies 31 3
Proceeds from sale of property, plant and equipment 0 3
Finance receivables repaid 0 0
Finance receivables originated 0 0
Other investing activities, net 15 0
Net cash provided by (used in) investing activities (10) (60)
Cash flows from financing activities    
Proceeds from issuance of debt 495 0
Principal payments on long-term debt and nonrecourse debt (352) (352)
Purchases of Textron common stock (215) (317)
Proceeds from options exercised 6 63
Dividends paid (3) (4)
Other financing activities, net (6) (25)
Net cash used in financing activities (75) (635)
Effect of exchange rate changes on cash and equivalents 7 (8)
Net increase (decrease) in cash and equivalents (192) (733)
Cash and equivalents at beginning of period 1,386 2,121
Cash and equivalents at end of period 1,194 1,388
Finance group    
Cash flows from operating activities    
Net income 8 14
Non-cash items:    
Depreciation and amortization 0 0
Deferred income taxes 1 0
Other, net (1) (11)
Changes in assets and liabilities:    
Accounts receivable, net 0 0
Inventories 0 0
Other assets 0 0
Accounts payable 0 0
Other liabilities (6) (6)
Income taxes, net 1 4
Pension, net 0 0
Other operating activities, net 0 0
Net cash provided by (used in) operating activities 3 1
Cash flows from investing activities    
Capital expenditures 0 0
Net proceeds from corporate-owned life insurance policies 0 0
Proceeds from sale of property, plant and equipment 0 0
Finance receivables repaid 29 47
Finance receivables originated (33) (28)
Other investing activities, net 0 0
Net cash provided by (used in) investing activities (4) 19
Cash flows from financing activities    
Proceeds from issuance of debt 0 0
Principal payments on long-term debt and nonrecourse debt (3) (13)
Purchases of Textron common stock 0 0
Proceeds from options exercised 0 0
Dividends paid 0 0
Other financing activities, net 0 11
Net cash used in financing activities (3) (2)
Effect of exchange rate changes on cash and equivalents 0 0
Net increase (decrease) in cash and equivalents (4) 18
Cash and equivalents at beginning of period 55 60
Cash and equivalents at end of period $ 51 $ 78