EX-12.2 3 a14-13975_1ex12d2.htm EX-12.2

EXHIBIT 12.2

 

TEXTRON INC.

INCLUDING ALL MAJORITY-OWNED SUBSIDIARIES

COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES

(unaudited)

(In millions, except ratio)

 

 

 

 

Six Months Ended
June 28, 2014

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

Interest expense*

 

$

94

 

 

Estimated interest portion of rents

 

16

 

 

 

 

 

 

 

Total fixed charges

 

$

110

 

 

 

 

 

 

 

 

 

 

 

 

Income:

 

 

 

 

Income from continuing operations before income taxes

 

$

335

 

 

Fixed charges

 

110

 

 

 

 

 

 

 

Adjusted income

 

$

445

 

 

 

 

 

 

 

Ratio of income to fixed charges

 

4.05

 

 

 

 

*       Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits, which is included in income tax expense.