XML 46 R29.htm IDEA: XBRL DOCUMENT v3.6.0.2
Business Acquisitions, Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Business Acquisitions, Goodwill and Intangible Assets  
Carrying amount of goodwill by segment

(In millions)

 

Textron
Aviation

 

Bell

 

Textron
Systems

 

Industrial

 

Total

Balance at January 3, 2015

$

554

$

31

$

1,057

$

385

$

2,027

Acquisitions

 

6

 

 

 

10

 

16

Foreign currency translation

 

 

 

(6)

 

(14)

 

(20)

 

 

 

 

 

 

 

 

 

 

 

Balance at January 2, 2016

 

560

 

31

 

1,051

 

381

 

2,023

 

 

 

 

 

 

 

 

 

 

 

Acquisitions

 

54

 

 

36

 

7

 

97

Foreign currency translation

 

(1)

 

 

 

(6)

 

(7)

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2016

$

613

$

31

$

1,087

$

382

$

2,113

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets

 

 

 

 

December 31, 2016

 

January 2, 2016

(Dollars in millions)

 

Weighted-Average
Amortization
Period (in years)

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net

Patents and technology

 

15

$

537

$

(158)

$

379

$

513

$

(120)

$

393

Customer relationships and contractual agreements

 

15

 

384

 

(226)

 

158

 

375

 

(220)

 

155

Trade names and trademarks

 

16

 

264

 

(36)

 

228

 

263

 

(32)

 

231

Other

 

9

 

18

 

(16)

 

2

 

23

 

(19)

 

4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

$

1,203

$

(436)

$

767

$

1,174

$

(391)

$

783