EX-12.2 3 exhibittwelvetwo.htm EXHIBIT 12.2 exhibittwelvetwo.htm
EXHIBIT 12.2



TEXTRON INC.
INCLUDING ALL MAJORITY-OWNED SUBSIDIARIES
COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES
(unaudited)
(In millions, except ratio)



 
Nine Months
Ended
October 3, 2009
  
Fixed charges:
    
Interest expense
 $ 234  
Estimated interest portion of rents
   27  
Total fixed charges
 $ 261  
       
       
Income:
      
Loss from continuing operations before income taxes
 $ (84 )
Fixed charges
   261  
Adjusted income
 $ 177  
       
Ratio of income to fixed charges
   .68  


Earnings for the nine months ended October 3, 2009 were inadequate to cover fixed charges.  Additional earnings of $84 million would have been necessary to bring the ratio of income to fixed charges to 1.0.