Note 16. Segment and Geographic Data

We operate in, and report financial information for, the following five business segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance. The accounting policies of the segments are the same as those described in Note 1.

Textron Aviation products include Citation jets, King Air and Caravan turboprop aircraft, piston engine aircraft, military turboprop aircraft, and aftermarket part sales and services sold to a diverse base of corporate and individual buyers.

Bell products include military and commercial helicopters, tiltrotor aircraft and related spare parts and services. Bell supplies military helicopters and, in association with The Boeing Company, military tiltrotor aircraft, and aftermarket services to the U.S. and non-U.S. governments. Bell also supplies commercial helicopters and aftermarket services to corporate, offshore petroleum exploration and development, utility, charter, police, fire, rescue and emergency medical helicopter operators, and foreign governments.

Textron Systems products include unmanned aircraft systems, marine and land systems, simulation, training and other defense and aviation mission support products and services primarily for U.S. and non-U.S. governments.

Industrial products and markets include the following:

Kautex products include blow-molded plastic fuel systems, clear-vision systems, selective catalytic reduction systems and cast iron engine components that are marketed primarily to automobile OEMs, as well as plastic bottles and containers for various uses;

Specialized Vehicles products include golf cars, off-road utility vehicles, recreational side-by-side and all-terrain vehicles, snowmobiles, light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment and turf-care vehicles that are marketed primarily to golf courses and resorts, government agencies and municipalities, consumers, and commercial and industrial users; and

Tools and Test Equipment products include powered equipment, electrical test and measurement instruments, mechanical and hydraulic tools, cable connectors, fiber optic assemblies, underground and aerial transmission and distribution products, and power utility products, principally used in the construction, maintenance, telecommunications, data communications, electrical, utility and plumbing industries.

The Finance segment provides financing primarily to purchasers of new and pre-owned Textron Aviation aircraft and Bell helicopters.

Segment profit is an important measure used for evaluating performance and for decision-making purposes. Segment profit for the manufacturing segments excludes interest expense, certain corporate expenses and special charges. The measurement for the Finance segment includes interest income and expense along with intercompany interest income and expense.

Our revenues by segment, along with a reconciliation of segment profit to income from continuing operations before income taxes, are as follows:

	Revenues						Segment Profit
(In millions)		2017		2016		2015		2017		2016		2015
Textron Aviation	$	4,686	$	4,921	$	4,822	$	303	$	389	$	400
Bell		3,317		3,239		3,454		415		386		400
Textron Systems		1,840		1,756		1,520		139		186		129
Industrial		4,286		3,794		3,544		290		329		302
Finance		69		78		83		22		19		24

Total	$	14,198	$	13,788	$	13,423	$	1,169	$	1,309	$	1,255

Corporate expenses and other, net								(132)		(172)		(154)
Interest expense, net for Manufacturing group								(145)		(138)		(130)
Special charges								(130)		(123)		—

Income from continuing operations before income taxes							$	762	$	876	$	971

Revenues by major product type are summarized below:

(In millions)		2017		2016		2015
Fixed-wing aircraft	$	4,686	$	4,921	$	4,822
Rotor aircraft		3,317		3,239		3,454
Unmanned aircraft systems, advanced marine craft, armored vehicles and other		1,840		1,756		1,520
Fuel systems and functional components		2,330		2,273		2,078
Specialized vehicles		1,486		1,080		1,021
Tools and test equipment		470		441		445
Finance		69		78		83

Total revenues	$	14,198	$	13,788	$	13,423

Our revenues included sales to the U.S. Government of approximately $3.1 billion, $3.4 billion and $3.2 billion in 2017, 2016 and 2015, respectively, primarily in the Bell and Textron Systems segments.

Other information by segment is provided below:

	Assets				Capital Expenditures						Depreciation and Amortization
(In millions)		December 30, 2017		December 31, 2016		2017		2016		2015		2017		2016		2015
Textron Aviation	$	4,403	$	4,460	$	128	$	157	$	124	$	139	$	140	$	134
Bell		2,660		2,655		73		86		97		117		132		143
Textron Systems		2,330		2,508		60		71		86		65		75		80
Industrial		3,360		2,409		158		121		105		105		81		76
Finance		1,169		1,280		—		—		—		12		12		12
Corporate		1,418		2,046		4		11		8		9		9		16

Total	$	15,340	$	15,358	$	423	$	446	$	420	$	447	$	449	$	461

Geographic Data

Presented below is selected financial information of our continuing operations by geographic area:

	Revenues*						Property, Plant and Equipment, net**
(In millions)		2017		2016		2015		December 30, 2017		December 31, 2016
United States	$	8,786	$	8,574	$	8,299	$	2,172	$	2,116
Europe		1,962		1,954		1,730		328		247
Asia and Australia		1,206		998		1,324		84		78
Canada		913		652		531		69		72
Latin and South America		883		977		1,101		68		68
Middle East and Africa		448		633		438		—		—

Total	$	14,198	$	13,788	$	13,423	$	2,721	$	2,581

* Revenues are attributed to countries based on the location of the customer.

** Property, plant and equipment, net are based on the location of the asset.