Special Charges (Tables)

6 Months Ended

Jul. 03, 2021

Special Charges [Abstract]

Schedule of Special Charges

Special charges recorded in the second quarter and first half of 2021 and 2020 by segment and type of cost are presented in the table below.

(In millions)	Severance Costs		Contract Termination and Other		Asset Impairments		Total 2020 COVID-19 Restructuring Plan		Other Asset Impairments		Total
Three months ended July 3, 2021
Industrial	$	—	$	1	$	3	$	4	$	—	$	4
Total special charges	$	—	$	1	$	3	$	4	$	—	$	4
Three months ended July 4, 2020
Textron Systems	$	14	$	12	$	14	$	40	$	—	$	40
Textron Aviation	27		—		1		28		—		28
Industrial	8		—		—		8		—		8
Corporate	2		—		—		2		—		2
Total special charges	$	51	$	12	$	15	$	78	$	—	$	78
Six months ended July 3, 2021
Industrial	$	—	$	5	$	5	$	10	$	—	$	10
Total special charges	$	—	$	5	$	5	$	10	$	—	$	10
Six months ended July 4, 2020
Textron Systems	$	14	$	12	$	14	$	40	$	—	$	40
Textron Aviation	27		—		1		28		32		60
Industrial	8		—		—		8		7		15
Corporate	2		—		—		2		—		2
Total special charges	$	51	$	12	$	15	$	78	$	39	$	117

Schedule of Restructuring Reserve Activity

Our restructuring reserve activity is summarized below:

(In millions)	Severance Costs		Contract Terminations and Other		Total
Balance at January 2, 2021	$	43	$	9	$	52
Provision for 2020 COVID-19 restructuring plan	—		5		5
Cash paid	(16)		(5)		(21)
Foreign currency translation	(1)		—		(1)
Balance at July 3, 2021	$	26	$	9	$	35