EX-12.1 2 exhibittwelveone.htm EXHIBIT 12.1 exhibittwelveone.htm
EXHIBIT 12.1

TEXTRON INC.
MANUFACTURING GROUP
COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES
(unaudited)
(In millions, except ratio)



 
Nine Months
Ended
October 3, 2009
  
Fixed charges:
    
Interest expense
 $ 106  
Estimated interest portion of rents
   25  
Total fixed charges
 $ 131  
       
       
Income:
      
Loss from continuing operations before income taxes
 $ (84 )
Fixed charges
   131  
Dividends received from Finance group
   284  
Eliminate pretax loss of Finance group
   238  
Adjusted income
 $ 569  
       
Ratio of income to fixed charges
   4.34