Segment Information (Tables)

6 Months Ended

Jul. 02, 2022

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				Six Months Ended
(In millions)	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Revenues
Textron Aviation	$	1,284	$	1,161	$	2,324	$	2,026
Bell	687		891		1,521		1,737
Textron Systems	293		333		566		661
Industrial	871		794		1,709		1,619
Textron eAviation	5		—		5		—
Finance	14		12		30		27
Total revenues	$	3,154	$	3,191	$	6,155	$	6,070
Segment Profit
Textron Aviation	$	155	$	96	$	276	$	143
Bell	63		110		161		215
Textron Systems	42		48		75		99
Industrial	41		32		84		79
Textron eAviation	(8)		—		(8)		—
Finance	10		3		19		9
Segment profit	303		289		607		545
Corporate expenses and other, net	(12)		(37)		(56)		(77)
Interest expense, net for Manufacturing group	(28)		(32)		(56)		(67)
Special charges	—		(4)		—		(10)
Gain on business disposition	—		2		—		17
Income from continuing operations before income taxes	$	263	$	218	$	495	$	408