Segment Information (Tables)

3 Months Ended

Apr. 01, 2023

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 before income taxes, are included in the table below:

	Three Months Ended
(In millions)	April 1, 2023		April 2, 2022
Revenues
Textron Aviation	$	1,149	$	1,040
Bell	621		834
Textron Systems	306		273
Industrial	932		838
Textron eAviation	4		—
Finance	12		16
Total revenues	$	3,024	$	3,001
Segment Profit
Textron Aviation	$	125	$	110
Bell	60		91
Textron Systems	34		28
Industrial	41		39
Textron eAviation	(9)		—
Finance	8		9
Segment profit	259		277
Corporate expenses and other, net	(39)		(52)
Interest expense, net for Manufacturing group	(17)		(28)
LIFO inventory provision	(25)		(12)
Intangible asset amortization	(10)		(13)
Non-service components of pension and postretirement income, net	59		60
Income before income taxes	$	227	$	232