Note 11. 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 and advanced fuel systems including pressurized fuel tanks for hybrid applications, clear-vision systems, selective catalytic reduction systems, cast iron engine components and other fuel system components that are marketed primarily to automobile OEMs, as well as plastic bottles and containers for various uses; and

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.

On July 2, 2018, we sold our Tools and Test Equipment businesses that were previously included in the Industrial segment as discussed in Note 2.

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, gains/losses on major business dispositions 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)		2018		2017		2016		2018		2017		2016
Textron Aviation	$	4,971	$	4,686	$	4,921	$	445	$	303	$	389
Bell		3,180		3,317		3,239		425		415		386
Textron Systems		1,464		1,840		1,756		156		139		186
Industrial		4,291		4,286		3,794		218		290		329
Finance		66		69		78		23		22		19

Total	$	13,972	$	14,198	$	13,788	$	1,267	$	1,169	$	1,309

Corporate expenses and other, net								(119)		(132)		(172)
Interest expense, net for Manufacturing group								(135)		(145)		(138)
Special charges								(73)		(130)		(123)
Gain on business disposition								444		—		—

Income from continuing operations before income taxes							$	1,384	$	762	$	876

Other information by segment is provided below:

	Assets				Capital Expenditures						Depreciation and Amortization
(In millions)		December 29, 2018		December 30, 2017		2018		2017		2016		2018		2017		2016
Textron Aviation	$	4,290	$	4,403	$	132	$	128	$	157	$	145	$	139	$	140
Bell		2,652		2,660		65		73		86		108		117		132
Textron Systems		2,254		2,330		39		60		71		54		65		75
Industrial		2,815		3,360		132		158		121		112		105		81
Finance		1,017		1,169		—		—		—		8		12		12
Corporate		1,236		1,418		1		4		11		10		9		9

Total	$	14,264	$	15,340	$	369	$	423	$	446	$	437	$	447	$	449

Geographic Data

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

	Revenues*						Property, Plant and Equipment, net**
(In millions)		2018		2017		2016		December 29, 2018		December 30, 2017
United States	$	8,667	$	8,786	$	8,574	$	2,115	$	2,172
Europe		2,187		1,962		1,954		267		328
Asia and Australia		1,253		1,206		998		88		84
Other international		1,865		2,244		2,262		145		137

Total	$	13,972	$	14,198	$	13,788	$	2,615	$	2,721

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

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