EX-12.2 5 a14-26298_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)

 

 

 

 

 

Twelve Months
Ended
January 3, 2015

 

Fixed charges:

 

 

 

 

 

 

 

Interest expense*

 

$

191

 

Estimated interest portion of rents

 

40

 

 

 

 

 

Total fixed charges

 

$

231

 

 

 

 

 

 

 

 

 

Income:

 

 

 

 

 

 

 

Income from continuing operations before income taxes

 

$

853

 

Fixed charges

 

231

 

 

 

 

 

Adjusted income

 

$

1,084

 

 

 

 

 

Ratio of income to fixed charges

 

4.69

 

 

 

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