EX-12.1 8 twelveone.htm twelveone.htm

Exhibit 12.1
TEXTRON INC.
MANUFACTURING GROUP
COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES

(unaudited)

(In millions, except ratio)


   
Six Months
Ended
June 30, 2007
  
Fixed charges:
      
Interest expense*
   $
54
  
Estimated interest portion of rents
    
13
  
Total fixed charges
   $
67
  
         
         
Income:
        
Income from continuing operations before income taxes
   $
581
  
Dividends in excess of pre-tax income of Finance group
    
15
  
Fixed charges
    
67
  
Adjusted income
   $
663
  
         
         
Ratio of income to fixed charges
    
9.90
  
         

* Excludes interest expense related to unrecognized tax benefits.