Segment Information (Tables)

3 Months Ended

Apr. 03, 2021

Segment Reporting [Abstract]

Revenues by Segment and Reconciliation of Segment Profit Income (Loss) Before Income Taxes

Our revenues by segment, along with a reconciliation of segment profit to income before income taxes, are included in the table below:

	Three Months Ended
(In millions)	April 3, 2021		April 4, 2020
Revenues
Textron Aviation	$	865	$	872
Bell	846		823
Textron Systems	328		328
Industrial	825		740
Finance	15		14
Total revenues	$	2,879	$	2,777
Segment Profit
Textron Aviation	$	47	$	3
Bell	105		115
Textron Systems	51		26
Industrial	47		9
Finance	6		3
Segment profit	256		156
Corporate expenses and other, net	(40)		(14)
Interest expense, net for Manufacturing group	(35)		(34)
Special charges	(6)		(39)
Gain on business disposition	15		—
Income before income taxes	$	190	$	69