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Business Acquisitions, Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 30, 2017
Business Acquisitions, Goodwill and Intangible Assets  
Carrying amount of goodwill by segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

 

Textron
Aviation

 

Bell

 

Textron
Systems

 

Industrial

 

Total

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

Acquisitions

 

 

 

 

234

 

234

Foreign currency translation

 

1

 

 

 

16

 

17

 

 

 

 

 

 

 

 

 

 

 

Balance at December 30, 2017

$

614

$

31

$

1,087

$

632

$

2,364

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 30, 2017

December 31, 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

 

14

$

545

$

(188)

357

$

537

$

(158)

379

Customer relationships and
contractual agreements

 

15

 

418

 

(255)

 

163

 

384

 

(226)

 

158

Trade names and trademarks

 

15

 

284

 

(40)

 

244

 

264

 

(36)

 

228

Other

 

9

 

18

 

(17)

 

1

 

18

 

(16)

 

2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

$

1,265

$

(500)

765

$

1,203

$

(436)

767