Consolidated Statements of Cash Flows (Unaudited) - Manufacturing Group and Finance Group - USD ($) $ in Millions	6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022
Cash flows from operating activities
Income from continuing operations	$ 454	$ 411
Non-cash items:
Depreciation and amortization	193	191
Deferred income taxes	(77)	(118)
Other, net	66	55
Changes in assets and liabilities:
Accounts receivable, net	(97)	(48)
Inventories	(553)	(246)
Other assets	252	85
Accounts payable	207	24
Other liabilities	116	269
Income taxes, net	14	32
Pension, net	(102)	(83)
Other operating activities, net	2	8
Net cash provided by (used in) operating activities of continuing operations	460	615
Net cash used in operating activities of discontinued operations	(1)	(2)
Net cash provided by (used in) operating activities	459	613
Cash flows from investing activities
Capital expenditures	(145)	(114)
Net cash used in business acquisitions	0	(198)
Net proceeds from corporate-owned life insurance policies	38	25
Proceeds from sale of property, plant and equipment	0	18
Finance receivables repaid	19	21
Other investing activities, net	2	44
Net cash provided by (used in) investing activities	(86)	(204)
Cash flows from financing activities
Decrease in short-term debt	0	(15)
Principal payments on long-term debt and nonrecourse debt	(34)	(223)
Purchases of Textron common stock	(650)	(439)
Dividends paid	(8)	(9)
Proceeds from options exercised	31	32
Other financing activities, net	(5)	(4)
Net cash used in financing activities	(666)	(658)
Effect of exchange rate changes on cash and equivalents	8	(27)
Net decrease in cash and equivalents	(285)	(276)
Cash and equivalents at beginning of period	2,035	2,117
Cash and equivalents at end of period	1,750	1,841
Manufacturing group
Cash flows from operating activities
Income from continuing operations	438	395
Non-cash items:
Depreciation and amortization	193	191
Deferred income taxes	(77)	(106)
Other, net	69	62
Changes in assets and liabilities:
Accounts receivable, net	(97)	(48)
Inventories	(553)	(246)
Other assets	246	85
Accounts payable	207	24
Other liabilities	125	279
Income taxes, net	16	28
Pension, net	(102)	(83)
Other operating activities, net	2	8
Net cash provided by (used in) operating activities of continuing operations	467	589
Net cash used in operating activities of discontinued operations	(1)	(2)
Net cash provided by (used in) operating activities	466	587
Cash flows from investing activities
Capital expenditures	(145)	(114)
Net cash used in business acquisitions	0	(198)
Net proceeds from corporate-owned life insurance policies	38	25
Proceeds from sale of property, plant and equipment	0	18
Finance receivables repaid	0	0
Finance receivables originated	0	0
Other investing activities, net	0	0
Net cash provided by (used in) investing activities	(107)	(269)
Cash flows from financing activities
Decrease in short-term debt	0	(15)
Principal payments on long-term debt and nonrecourse debt	(3)	(14)
Purchases of Textron common stock	(650)	(439)
Dividends paid	(8)	(9)
Proceeds from options exercised	31	32
Other financing activities, net	(5)	(4)
Net cash used in financing activities	(635)	(449)
Effect of exchange rate changes on cash and equivalents	8	(27)
Net decrease in cash and equivalents	(268)	(158)
Cash and equivalents at beginning of period	1,963	1,922
Cash and equivalents at end of period	1,695	1,764
Finance group
Cash flows from operating activities
Income from continuing operations	16	16
Non-cash items:
Depreciation and amortization	0	0
Deferred income taxes	0	(12)
Other, net	(3)	(7)
Changes in assets and liabilities:
Accounts receivable, net	0	0
Inventories	0	0
Other assets	6	0
Accounts payable	0	0
Other liabilities	(9)	(10)
Income taxes, net	(2)	4
Pension, net	0	0
Other operating activities, net	0	0
Net cash provided by (used in) operating activities of continuing operations	8	(9)
Net cash used in operating activities of discontinued operations	0	0
Net cash provided by (used in) operating activities	8	(9)
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
Finance receivables repaid	67	79
Finance receivables originated	(63)	(23)
Other investing activities, net	2	44
Net cash provided by (used in) investing activities	6	100
Cash flows from financing activities
Decrease in short-term debt	0	0
Principal payments on long-term debt and nonrecourse debt	(31)	(209)
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	(31)	(209)
Effect of exchange rate changes on cash and equivalents	0	0
Net decrease in cash and equivalents	(17)	(118)
Cash and equivalents at beginning of period	72	195
Cash and equivalents at end of period	$ 55	$ 77