Attached files
file | filename |
---|---|
10-Q - 10Q - TEXTRON INC | tenq.htm |
EX-12.1 - EXHIBIT 12.1 - TEXTRON INC | exhibittwelveone.htm |
EX-32.2 - EXHIBIT 32.2 - TEXTRON INC | exhibitthirtytwotwo.htm |
EX-31.1 - EXHIBIT 31.1 - TEXTRON INC | exhibitthirtyoneone.htm |
EX-32.1 - EXHIBIT 32.1 - TEXTRON INC | exhibitthirtytwoone.htm |
EX-31.2 - EXHIBIT 31.2 - TEXTRON INC | exhibitthirtyonetwo.htm |
EX-10.1 - INDEMNITY AGREEMENT - DIRECTOR - TEXTRON INC | indemnityagmtdirector.htm |
EX-10.3 - LEWIS B. CAMPBELL RETIREMENT LETTER - TEXTRON INC | lbcretirementltr.htm |
EX-10.3 - LEWIS B. CAMPBELL CLARIFICATION RETIREMENT LETTER - TEXTRON INC | lbcretirementltrrevised.htm |
EX-10.2 - FRANK CONNOR AGREEMENT - TEXTRON INC | frankconnoragreement.htm |
EXHIBIT
12.2
TEXTRON
INC.
INCLUDING
ALL MAJORITY-OWNED SUBSIDIARIES
COMPUTATION
OF RATIO OF INCOME TO FIXED CHARGES
(unaudited)
(In
millions, except ratio)
Nine
Months
Ended
October
3, 2009
|
|||
Fixed
charges:
|
|||
Interest
expense
|
$ | 234 | |
Estimated interest portion of
rents
|
27 | ||
Total fixed
charges
|
$ | 261 | |
Income:
|
|||
Loss from continuing operations
before income taxes
|
$ | (84 | ) |
Fixed charges
|
261 | ||
Adjusted income
|
$ | 177 | |
Ratio
of income to fixed charges
|
.68 |
Earnings
for the nine months ended October 3, 2009 were inadequate to cover fixed
charges. Additional earnings of $84 million would have been necessary
to bring the ratio of income to fixed charges to
1.0.