Attached files
| file | filename |
|---|---|
| EX-10.1 - EXHIBIT 10.1 - TEXTRON INC | sdhangeragreement.htm |
| 10-Q - FORM 10Q - TEXTRON INC | tenq.htm |
| EX-3.2 - EXHIBIT 3.2 - TEXTRON INC | exhibitthreetwo.htm |
| EX-3.1 - EXHIBIT 3.1 - TEXTRON INC | exhibitthreeone.htm |
| EX-12.2 - EXHIBIT 12.2 - TEXTRON INC | exhibittwelvetwo.htm |
| EX-10.2 - EXHIBIT 10.2 - TEXTRON INC | fchangeragreement.htm |
| EX-32.2 - EXHIBIT 32.2 - TEXTRON INC | exhibithirtytwotwo.htm |
| EX-31.2 - EXHIBIT 31.2 - TEXTRON INC | exhibithirtyonetwo.htm |
| EX-31.1 - EXHIBIT 31.1 - TEXTRON INC | exhibithirtyoneone.htm |
| EX-32.1 - EXHIBIT 32.1 - TEXTRON INC | exhibithirtytwoone.htm |
| EXCEL - IDEA: XBRL DOCUMENT - TEXTRON INC | Financial_Report.xls |
EXHIBIT 12.1
TEXTRON INC.
MANUFACTURING GROUP
COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES
(unaudited)
(In millions, except ratio)
|
Three Months
Ended
April 2, 2011
|
||||
|
Fixed charges:
|
||||
|
Interest expense*
|
$ | 44 | ||
|
Estimated interest portion of rents
|
7 | |||
|
Total fixed charges
|
$ | 51 | ||
|
Income:
|
||||
|
Income from continuing operations before income taxes
|
$ | 46 | ||
|
Fixed charges
|
51 | |||
|
Dividends received from TFC
|
130 | |||
|
Capital contributions paid to TFC under
Support Agreement
|
(63 | ) | ||
|
Eliminate pretax loss of Finance group
|
44 | |||
|
Adjusted income
|
$ | 208 | ||
|
Ratio of income to fixed charges
|
4.08 | |||
|
*
|
Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits, which is included in income tax expense.
|