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Segment Information (Tables)
6 Months Ended
Jun. 28, 2014
Segment Information  
Reconciliation of segment profit to income from continuing operations before income taxes

 

 

 

 

Three Months Ended

 

Six Months Ended

 

(In millions)

 

  June 28,
2014

 

June 29,
2013

 

  June 28,
2014

 

June 29,
2013

 

REVENUES

 

 

 

 

 

 

 

 

 

Manufacturing group

 

 

 

 

 

 

 

 

 

Textron Aviation

 

$

1,183

 

$

560

 

$

1,968

 

$

1,268

 

Bell

 

1,119

 

1,025

 

1,992

 

1,974

 

Textron Systems

 

282

 

422

 

645

 

851

 

Industrial

 

894

 

801

 

1,691

 

1,528

 

 

 

3,478

 

2,808

 

6,296

 

5,621

 

Finance segment

 

27

 

31

 

56

 

73

 

Total revenues

 

$

3,505

 

$

2,839

 

$

6,352

 

$

5,694

 

SEGMENT PROFIT

 

 

 

 

 

 

 

 

 

Manufacturing Group

 

 

 

 

 

 

 

 

 

Textron Aviation

 

$

28

 

$

(50

)

$

42

 

$

(58

)

Bell

 

141

 

135

 

237

 

264

 

Textron Systems

 

34

 

34

 

73

 

72

 

Industrial

 

94

 

79

 

160

 

136

 

 

 

297

 

198

 

512

 

414

 

Finance segment

 

7

 

15

 

11

 

34

 

Segment profit

 

304

 

213

 

523

 

448

 

Corporate expenses and other, net

 

(38)

 

(20

)

(81)

 

(75

)

Interest expense, net for Manufacturing group

 

(36)

 

(30

)

(71)

 

(67

)

Acquisition and restructuring costs

 

(20)

 

 

(36)

 

 

Income from continuing operations before income taxes

 

$

210

 

$

163

 

$

335

 

$

306