Consolidated Statements of Cash Flows (Unaudited) - Manufacturing Group and Finance Group - USD ($) $ in Millions	6 Months Ended
	Jul. 02, 2022	Jul. 03, 2021
Cash flows from operating activities
Income from continuing operations	$ 411	$ 355
Non-cash items:
Depreciation and amortization	191	188
Deferred income taxes	(118)	16
Gain on business disposition	0	(17)
Other, net	55	64
Changes in assets and liabilities:
Accounts receivable, net	(48)	(38)
Inventories	(246)	(162)
Other assets	85	22
Accounts payable	24	188
Other liabilities	269	103
Income taxes, net	32	8
Pension, net	(83)	(42)
Other operating activities, net	8	(1)
Net cash provided by (used in) operating activities of continuing operations	615	773
Net cash used in operating activities of discontinued operations	(2)	(1)
Net cash provided by (used in) operating activities	613	772
Cash flows from investing activities
Capital expenditures	(114)	(128)
Net cash used in business acquisitions	(198)	0
Net proceeds from corporate-owned life insurance policies	25	0
Proceeds from sale of property, plant and equipment	18	0
Net proceeds from business disposition	0	38
Finance receivables repaid	21	19
Other investing activities, net	44	6
Net cash provided by (used in) investing activities	(204)	(65)
Cash flows from financing activities
Decrease in short-term debt	(15)	0
Principal payments on long-term debt and nonrecourse debt	(223)	(553)
Purchases of Textron common stock	(439)	(287)
Dividends paid	(9)	(9)
Proceeds from options exercised	32	77
Other financing activities, net	(4)	(2)
Net cash used in financing activities	(658)	(774)
Effect of exchange rate changes on cash and equivalents	(27)	1
Net increase (decrease) in cash and equivalents	(276)	(66)
Cash and equivalents at beginning of period	2,117	2,254
Cash and equivalents at end of period	1,841	2,188
Manufacturing group
Cash flows from operating activities
Income from continuing operations	395	358
Non-cash items:
Depreciation and amortization	191	183
Deferred income taxes	(106)	18
Gain on business disposition	0	(17)
Other, net	62	66
Changes in assets and liabilities:
Accounts receivable, net	(48)	(38)
Inventories	(246)	(162)
Other assets	85	23
Accounts payable	24	188
Other liabilities	279	103
Income taxes, net	28	0
Pension, net	(83)	(42)
Other operating activities, net	8	(1)
Net cash provided by (used in) operating activities of continuing operations	589	679
Net cash used in operating activities of discontinued operations	(2)	(1)
Net cash provided by (used in) operating activities	587	678
Cash flows from investing activities
Capital expenditures	(114)	(128)
Net cash used in business acquisitions	(198)	0
Net proceeds from corporate-owned life insurance policies	25	0
Proceeds from sale of property, plant and equipment	18	0
Net proceeds from business disposition	0	38
Finance receivables repaid	0	0
Finance receivables originated	0	0
Other investing activities, net	0	0
Net cash provided by (used in) investing activities	(269)	(90)
Cash flows from financing activities
Decrease in short-term debt	(15)	0
Principal payments on long-term debt and nonrecourse debt	(14)	(519)
Purchases of Textron common stock	(439)	(287)
Dividends paid	(9)	(9)
Proceeds from options exercised	32	77
Other financing activities, net	(4)	(2)
Net cash used in financing activities	(449)	(740)
Effect of exchange rate changes on cash and equivalents	(27)	1
Net increase (decrease) in cash and equivalents	(158)	(151)
Cash and equivalents at beginning of period	1,922	2,146
Cash and equivalents at end of period	1,764	1,995
Finance group
Cash flows from operating activities
Income from continuing operations	16	(3)
Non-cash items:
Depreciation and amortization	0	5
Deferred income taxes	(12)	(2)
Gain on business disposition	0	0
Other, net	(7)	(2)
Changes in assets and liabilities:
Accounts receivable, net	0	0
Inventories	0	0
Other assets	0	(1)
Accounts payable	0	0
Other liabilities	(10)	0
Income taxes, net	4	8
Pension, net	0	0
Other operating activities, net	0	0
Net cash provided by (used in) operating activities of continuing operations	(9)	5
Net cash used in operating activities of discontinued operations	0	0
Net cash provided by (used in) operating activities	(9)	5
Cash flows from investing activities
Capital expenditures	0	0
Net cash used in business acquisitions	0	0
Net proceeds from corporate-owned life insurance policies	0	0
Proceeds from sale of property, plant and equipment	0	0
Net proceeds from business disposition	0	0
Finance receivables repaid	79	137
Finance receivables originated	(23)	(29)
Other investing activities, net	44	6
Net cash provided by (used in) investing activities	100	114
Cash flows from financing activities
Decrease in short-term debt	0	0
Principal payments on long-term debt and nonrecourse debt	(209)	(34)
Purchases of Textron common stock	0	0
Dividends paid	0	0
Proceeds from options exercised	0	0
Other financing activities, net	0	0
Net cash used in financing activities	(209)	(34)
Effect of exchange rate changes on cash and equivalents	0	0
Net increase (decrease) in cash and equivalents	(118)	85
Cash and equivalents at beginning of period	195	108
Cash and equivalents at end of period	$ 77	$ 193