Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Oct. 01, 2022
Cash flows from operating activities
Income from continuing operations	$ 723	$ 636
Non-cash items:
Depreciation and amortization	292	288
Deferred income taxes	(113)	(183)
Other, net	74	77
Changes in assets and liabilities:
Accounts receivable, net	(45)	(23)
Inventories	(659)	(353)
Other assets	267	105
Accounts payable	202	116
Other liabilities	120	344
Income taxes, net	37	44
Pension, net	(152)	(123)
Captive finance receivables, net	(32)	29
Other operating activities, net	4	6
Net cash provided by (used in) operating activities of continuing operations	718	963
Net cash used in operating activities of discontinued operations	(1)	(2)
Net cash provided by (used in) operating activities	717	961
Cash flows from investing activities
Capital expenditures	(224)	(192)
Net cash used in business acquisitions	(1)	(201)
Net proceeds from corporate-owned life insurance policies	39	23
Proceeds from sale of property, plant and equipment	4	21
Finance receivables repaid	26	21
Other investing activities, net	2	44
Net cash provided by (used in) investing activities	(154)	(284)
Cash flows from financing activities
Decrease in short-term debt	0	(15)
Principal payments on long-term debt and nonrecourse debt	(41)	(227)
Purchases of Textron common stock	(885)	(639)
Dividends paid	(12)	(13)
Proceeds from options exercised	66	36
Other financing activities, net	(5)	(3)
Net cash used in financing activities	(877)	(861)
Effect of exchange rate changes on cash and equivalents	(5)	(49)
Net decrease in cash and equivalents	(319)	(233)
Cash and equivalents at beginning of period	2,035	2,117
Cash and equivalents at end of period	$ 1,716	$ 1,884