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Segment and Geographic Data (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Revenues by Segment and Reconciliation of Segment Profit to Income From Continuing Operations Before Income Taxes
Our revenues by segment, along with a reconciliation of segment profit to income from continuing operations before income taxes, are as follows:
RevenuesSegment Profit (Loss)
(In millions)202220212020202220212020
Textron Aviation$5,073 $4,566 $3,974 $584 $378 $16 
Bell3,091 3,364 3,309 317 408 462 
Textron Systems1,172 1,273 1,313 152 189 152 
Industrial3,465 3,130 3,000 165 140 111 
Textron eAviation16 — — (26)— — 
Finance52 49 55 31 19 10 
Total$12,869 $12,382 $11,651 $1,223 $1,134 $751 
Corporate expenses and other, net(113)(129)(122)
Interest expense, net for Manufacturing group(94)(124)(145)
Special charges*— (25)(147)
Inventory charge*— — (55)
Gain on business disposition— 17 — 
Income from continuing operations before income taxes$1,016 $873 $282 
* See Note 16 for additional information.
Other Information by Segment
Other information by segment is provided below:
AssetsCapital ExpendituresDepreciation and Amortization
(In millions)December 31,
2022
January 1,
2022
202220212020202220212020
Textron Aviation$4,496 $4,390 $138 $115 $94 $152 $139 $138 
Bell2,857 3,382 80 92 117 90 87 91 
Textron Systems1,989 1,980 57 80 42 49 45 43 
Industrial2,555 2,529 78 82 62 93 99 102 
Textron eAviation278 — — — — — 
Finance664 867 — — — 10 
Corporate3,454 2,679 — 10 10 12 
Total$16,293 $15,827 $354 $375 $317 $397 $390 $391 
Selected Financial Information of by Geographic Area
Presented below is selected financial information by geographic area:
Revenues*Property, Plant
and Equipment, net**
(In millions)202220212020December 31,
2022
January 1,
2022
United States$8,702 $8,572 $7,943 $2,137 $2,121 
Europe1,468 1,369 1,336 188 201 
Other international2,699 2,441 2,372 198 216 
Total$12,869 $12,382 $11,651 $2,523 $2,538 
* Revenues are attributed to countries based on the location of the customer.
** Property, plant and equipment, net is based on the location of the asset.