Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
Cash flows from operating activities
Net income	$ 413	$ 254
Less: Income from discontinued operations		1
Income from continuing operations	413	253
Non-cash items:
Depreciation and amortization	216	218
Deferred income taxes	12	21
Asset impairments		21
Other, net	61	52
Changes in assets and liabilities:
Accounts receivable, net	(42)	(125)
Inventories	(78)	(61)
Other assets	(38)	(33)
Accounts payable	(22)	(140)
Other liabilities	(165)	(68)
Income taxes, net	17	55
Pension, net	(5)	16
Captive finance receivables, net	26	60
Other operating activities, net	3	(2)
Net cash provided by (used in) operating activities of continuing operations	398	267
Net cash used in operating activities of discontinued operations	(1)	(23)
Net cash provided by (used in) operating activities	397	244
Cash flows from investing activities
Capital expenditures	(159)	(161)
Net proceeds from corporate-owned life insurance policies	98	22
Net cash used in acquisitions		(329)
Finance receivables repaid	25	24
Other investing activities, net	30	34
Net cash provided by (used in) investing activities	(6)	(410)
Cash flows from financing activities
Principal payments on long-term debt and nonrecourse debt	(34)	(74)
Proceeds from long-term debt		375
Purchases of Textron common stock	(915)	(329)
Dividends paid	(10)	(11)
Other financing activities, net	43	21
Net cash provided by (used in) financing activities	(916)	(18)
Effect of exchange rate changes on cash and equivalents	(6)	15
Net increase (decrease) in cash and equivalents	(531)	(169)
Cash and equivalents at beginning of period	1,262	1,298
Cash and equivalents at end of period	731	1,129
Manufacturing group
Cash flows from operating activities
Net income	398	245
Less: Income from discontinued operations		1
Income from continuing operations	398	244
Non-cash items:
Depreciation and amortization	212	211
Deferred income taxes	14	22
Asset impairments		21
Other, net	60	51
Changes in assets and liabilities:
Accounts receivable, net	(42)	(125)
Inventories	(80)	(60)
Other assets	(39)	(30)
Accounts payable	(22)	(140)
Other liabilities	(162)	(62)
Income taxes, net	28	102
Pension, net	(5)	16
Dividends received from Finance group	50
Other operating activities, net	3	(2)
Net cash provided by (used in) operating activities of continuing operations	415	248
Net cash used in operating activities of discontinued operations	(1)	(23)
Net cash provided by (used in) operating activities	414	225
Cash flows from investing activities
Capital expenditures	(159)	(161)
Net proceeds from corporate-owned life insurance policies	98	22
Net cash used in acquisitions		(329)
Other investing activities, net	10	1
Net cash provided by (used in) investing activities	(51)	(467)
Cash flows from financing activities
Proceeds from long-term debt		347
Purchases of Textron common stock	(915)	(329)
Dividends paid	(10)	(11)
Other financing activities, net	43	21
Net cash provided by (used in) financing activities	(882)	28
Effect of exchange rate changes on cash and equivalents	(6)	15
Net increase (decrease) in cash and equivalents	(525)	(199)
Cash and equivalents at beginning of period	1,079	1,137
Cash and equivalents at end of period	554	938
Finance group
Cash flows from operating activities
Net income	15	9
Income from continuing operations	15	9
Non-cash items:
Depreciation and amortization	4	7
Deferred income taxes	(2)	(1)
Other, net	1	1
Changes in assets and liabilities:
Other assets	1	(3)
Other liabilities	(3)	(6)
Income taxes, net	(11)	(47)
Net cash provided by (used in) operating activities of continuing operations	5	(40)
Net cash provided by (used in) operating activities	5	(40)
Cash flows from investing activities
Finance receivables repaid	112	158
Finance receivables originated	(61)	(74)
Other investing activities, net	22	32
Net cash provided by (used in) investing activities	73	116
Cash flows from financing activities
Principal payments on long-term debt and nonrecourse debt	(34)	(74)
Proceeds from long-term debt		28
Dividends paid	(50)
Net cash provided by (used in) financing activities	(84)	(46)
Net increase (decrease) in cash and equivalents	(6)	30
Cash and equivalents at beginning of period	183	161
Cash and equivalents at end of period	$ 177	$ 191