EX-12.1 6 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)



   
Three Months
Ended
April 2, 2011
  
Fixed charges:
      
Interest expense*
   $ 44  
Estimated interest portion of rents
     7  
Total fixed charges
   $ 51  
         
         
Income:
        
Income from continuing operations before income taxes
   $ 46  
Fixed charges
     51  
Dividends received from TFC
     130  
Capital contributions paid to TFC under
Support Agreement
     (63 )
Eliminate pretax loss of Finance group
     44  
Adjusted income
   $ 208  
         
Ratio of income to fixed charges
     4.08  





*
Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits, which is included in income tax expense.