Segment Information (Tables)

9 Months Ended

Oct. 02, 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 from continuing operations before income taxes, are included in the table below:

	Three Months Ended				Nine Months Ended
(In millions)	October 2, 2021		October 3, 2020		October 2, 2021		October 3, 2020
Revenues
Textron Aviation	$	1,181	$	795	$	3,207	$	2,414
Bell	769		793		2,506		2,438
Textron Systems	299		302		960		956
Industrial	730		832		2,349		2,134
Finance	11		13		38		42
Total revenues	$	2,990	$	2,735	$	9,060	$	7,984
Segment Profit
Textron Aviation	$	98	$	(29)	$	241	$	(92)
Bell	105		119		320		352
Textron Systems	45		40		144		103
Industrial	23		58		102		56
Finance	8		1		17		8
Segment profit	279		189		824		427
Corporate expenses and other, net	(23)		(28)		(100)		(72)
Interest expense, net for Manufacturing group	(28)		(38)		(95)		(109)
Special charges*	(10)		(7)		(20)		(124)
Gain on business disposition	—		—		17		—
Inventory charge*	—		—		—		(55)
Income from continuing operations before income taxes	$	218	$	116	$	626	$	67

* See Note 12 for additional information.