Segment Information (Tables)

3 Months Ended

Mar. 30, 2024

Segment Reporting [Abstract]

Reconciliation of Revenues by Segment

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)	March 30, 2024		April 1, 2023
Revenues
Textron Aviation	$	1,188	$	1,149
Bell	727		621
Textron Systems	306		306
Industrial	892		932
Textron eAviation	7		4
Finance	15		12
Total revenues	$	3,135	$	3,024
Segment Profit
Textron Aviation	$	143	$	125
Bell	80		60
Textron Systems	38		34
Industrial	29		41
Textron eAviation	(18)		(9)
Finance	18		8
Segment profit	290		259
Corporate expenses and other, net	(62)		(39)
Interest expense, net for Manufacturing group	(15)		(17)
LIFO inventory provision	(20)		(25)
Intangible asset amortization	(8)		(10)
Special charges	(14)		—
Non-service components of pension and postretirement income, net	66		59
Income before income taxes	$	237	$	227

Reconciliation of Segment Profit to Income 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)	March 30, 2024		April 1, 2023
Revenues
Textron Aviation	$	1,188	$	1,149
Bell	727		621
Textron Systems	306		306
Industrial	892		932
Textron eAviation	7		4
Finance	15		12
Total revenues	$	3,135	$	3,024
Segment Profit
Textron Aviation	$	143	$	125
Bell	80		60
Textron Systems	38		34
Industrial	29		41
Textron eAviation	(18)		(9)
Finance	18		8
Segment profit	290		259
Corporate expenses and other, net	(62)		(39)
Interest expense, net for Manufacturing group	(15)		(17)
LIFO inventory provision	(20)		(25)
Intangible asset amortization	(8)		(10)
Special charges	(14)		—
Non-service components of pension and postretirement income, net	66		59
Income before income taxes	$	237	$	227