XML 69 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Shareholders' Equity (USD $)
In Millions, unless otherwise specified
Common Stock
Capital Surplus
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Loss
Total
Beginning Balance at Dec. 31, 2011 $ 35us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 1,081us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= txt_CapitalSurplusMember
$ (3)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
$ 3,257us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ (1,625)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
$ 2,745us-gaap_StockholdersEquity
Increase (Decrease) in Stockholders' Equity            
Net income       589us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  589us-gaap_NetIncomeLoss
Other comprehensive income (loss)         (145)us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
(145)us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
Dividends declared ($0.08 per share)       (22)us-gaap_DividendsCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (22)us-gaap_DividendsCash
Share-based compensation activity   96txt_ShareBasedCompensationActivity
/ us-gaap_StatementEquityComponentsAxis
= txt_CapitalSurplusMember
      96txt_ShareBasedCompensationActivity
Purchases of common stock     (272)us-gaap_TreasuryStockValueAcquiredCostMethod
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
    (272)us-gaap_TreasuryStockValueAcquiredCostMethod
Ending Balance at Dec. 29, 2012 35us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
1,177us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= txt_CapitalSurplusMember
(275)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
3,824us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
(1,770)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
2,991us-gaap_StockholdersEquity
Increase (Decrease) in Stockholders' Equity            
Net income       498us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  498us-gaap_NetIncomeLoss
Other comprehensive income (loss)         743us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
743us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
Dividends declared ($0.08 per share)       (22)us-gaap_DividendsCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (22)us-gaap_DividendsCash
Share-based compensation activity   99txt_ShareBasedCompensationActivity
/ us-gaap_StatementEquityComponentsAxis
= txt_CapitalSurplusMember
      99txt_ShareBasedCompensationActivity
Purchases/conversions of convertible notes 2txt_SettlementOfConvertibleNotes
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
39txt_SettlementOfConvertibleNotes
/ us-gaap_StatementEquityComponentsAxis
= txt_CapitalSurplusMember
(41)txt_SettlementOfConvertibleNotes
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
     
Settlement of capped call   75txt_SettlementOfCappedCall
/ us-gaap_StatementEquityComponentsAxis
= txt_CapitalSurplusMember
      75txt_SettlementOfCappedCall
Retirement of treasury stock (2)us-gaap_TreasuryStockRetiredCostMethodAmount
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
(59)us-gaap_TreasuryStockRetiredCostMethodAmount
/ us-gaap_StatementEquityComponentsAxis
= txt_CapitalSurplusMember
316us-gaap_TreasuryStockRetiredCostMethodAmount
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
(255)us-gaap_TreasuryStockRetiredCostMethodAmount
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Ending Balance at Dec. 28, 2013 35us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
1,331us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= txt_CapitalSurplusMember
  4,045us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
(1,027)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
4,384us-gaap_StockholdersEquity
Increase (Decrease) in Stockholders' Equity            
Net income       600us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  600us-gaap_NetIncomeLoss
Other comprehensive income (loss)         (479)us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
(479)us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
Dividends declared ($0.08 per share)       (22)us-gaap_DividendsCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (22)us-gaap_DividendsCash
Share-based compensation activity 1txt_ShareBasedCompensationActivity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
134txt_ShareBasedCompensationActivity
/ us-gaap_StatementEquityComponentsAxis
= txt_CapitalSurplusMember
      135txt_ShareBasedCompensationActivity
Purchases of common stock     (340)us-gaap_TreasuryStockValueAcquiredCostMethod
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
    (340)us-gaap_TreasuryStockValueAcquiredCostMethod
Other   (6)us-gaap_StockholdersEquityOther
/ us-gaap_StatementEquityComponentsAxis
= txt_CapitalSurplusMember
      (6)us-gaap_StockholdersEquityOther
Ending Balance at Jan. 03, 2015 $ 36us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 1,459us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= txt_CapitalSurplusMember
$ (340)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
$ 4,623us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ (1,506)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
$ 4,272us-gaap_StockholdersEquity