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Special Charges (Tables)
6 Months Ended
Jun. 30, 2018
Special Charges  
Schedule of special charges

 

                                                                                                                                                                                                                                                                               

(In millions)

 

Severance
Costs

 

Asset
Impairments

 

Contract
Terminations
and Other

 

Acquisition
Integration/
Transaction
Costs

 

Total
Special
Charges

For the three months ended July 1, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

$

$

$

3

$

1

$

4

Textron Aviation

 

4

 

7

 

 

 

11

Textron Systems

 

1

 

4

 

(7)

 

 

(2)

 

 

 

 

 

 

 

 

 

 

 

 

$

5

$

11

$

(4)

$

1

$

13

 

 

 

 

 

 

 

 

 

 

 

For the six months ended July 1, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

$

19

$

$

6

$

4

$

29

Textron Aviation

 

5

 

17

 

 

 

22

Textron Systems

 

1

 

4

 

(6)

 

 

(1)

 

 

 

 

 

 

 

 

 

 

 

 

$

25

$

21

$

$

4

$

50

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of restructuring reserve activity

 

                                                                                                                                                                                                                                                                               

(In millions)

 

 

 

 

 

Severance
Costs

 

Contract
Terminations
and Other

 

Total

Balance at December 30, 2017

 

 

 

 

$

24

$

20

$

44

Cash paid

 

 

 

 

 

(17)

 

(6)

 

(23)

Provision for 2016 Plan

 

 

 

 

 

 

3

 

3

Reversals

 

 

 

 

 

(2)

 

 

(2)

 

 

 

 

 

 

 

 

 

 

 

Balance at June 30, 2018

 

 

 

 

$

5

$

17

$

22