XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.26.1

Segment Financial Information (Tables) | 3 Months Ended
--- | ---
Apr. 04, 2026
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 | Finance | Total
Three months ended April 4, 2026 |  |  |  |  |  |
Revenues | $ | 1,485 |  | $ | 1,070 |  | $ | 338 |  | $ | 786 |  | $ | 16 |  | $ | 3,695 |
Costs and expenses: |  |  |  |  |  |
Cost of sales | 1,153 |  | 904 |  | 258 |  | 661 |  | — |  | 2,976 |
Research and development costs | 56 |  | 37 |  | 9 |  | 16 |  | — |  | 118 |
Selling and administrative expense | 122 |  | 57 |  | 29 |  | 69 |  | (1) |  | 276 |
Interest expense, net | — |  | — |  | — |  | — |  | 5 |  | 5 |
Segment profit | $ | 154 |  | $ | 72 |  | $ | 42 |  | $ | 40 |  | $ | 12 |  | $ | 320 |
Three months ended March 29, 2025 |  |  |  |  |  |
Revenues | $ | 1,216 |  | $ | 983 |  | $ | 299 |  | $ | 792 |  | $ | 16 |  | $ | 3,306 |
Costs and expenses: |  |  |  |  |  |
Cost of sales | 933 |  | 803 |  | 221 |  | 678 |  | — |  | 2,635 |
Research and development costs | 60 |  | 39 |  | 10 |  | 14 |  | — |  | 123 |
Selling and administrative expense | 101 |  | 51 |  | 30 |  | 70 |  | 2 |  | 254 |
Interest expense, net | — |  | — |  | — |  | — |  | 4 |  | 4 |
Segment profit | $ | 122 |  | $ | 90 |  | $ | 38 |  | $ | 30 |  | $ | 10 |  | $ | 290 |
Reconciliation of Segment Profit to Income From Continuing Operations Before Income Taxes | A reconciliation of segment profit to income from continuing operations before income taxes is presented below:
|  | Three Months Ended
(In millions) |  |  | April 4, 2026 | March 29, 2025
Segment profit |  |  | $ | 320 |  | $ | 290 |
Unallocated amounts: |  |  |  |
Corporate expenses and other, net |  |  | (47) |  | (53) |
Interest expense, net for Manufacturing group |  |  | (29) |  | (25) |
LIFO inventory provision |  |  | (39) |  | (29) |
Intangible asset amortization |  |  | (8) |  | (8) |
Non-service components of pension and postretirement income, net |  |  | 70 |  | 66 |
Income before income taxes |  |  | $ | 267 |  | $ | 241 |
Other Information by Segment | Other information by segment is provided below:
|  |  | Capital Expenditures |  |  | Depreciation and Amortization
|  | Three Months Ended |  | Three Months Ended
(In millions) |  |  | April 4, 2026 | March 29, 2025 |  |  | April 4, 2026 | March 29, 2025
Textron Aviation |  |  | $ | 32 |  | $ | 26 |  |  |  | $ | 41 |  | $ | 39 |
Bell |  |  | 72 |  | 15 |  |  |  | 24 |  | 22 |
Textron Systems |  |  | 6 |  | 5 |  |  |  | 12 |  | 12 |
Industrial |  |  | 21 |  | 10 |  |  |  | 17 |  | 17 |
Corporate |  |  | 2 |  | — |  |  |  | 2 |  | 2 |
Total |  |  | $ | 133 |  | $ | 56 |  |  |  | $ | 96 |  | $ | 92 |
Our assets by segment are summarized below:
(In millions) |  |  |  |  |  | April 4, 2026 | January 3, 2026
Textron Aviation |  |  |  |  |  | $ | 5,144 |  | $ | 5,103 |
Bell |  |  |  |  |  | 3,410 |  | 3,132 |
Textron Systems |  |  |  |  |  | 2,233 |  | 2,224 |
Industrial |  |  |  |  |  | 2,406 |  | 2,305 |
Finance |  |  |  |  |  | 684 |  | 677 |
Corporate |  |  |  |  |  | 4,264 |  | 4,688 |
Total assets |  |  |  |  |  | $ | 18,141 |  | $ | 18,129 |

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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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