Attached files
| file | filename |
|---|---|
| EX-21 - EX-21 - TEXTRON INC | a15-23451_1ex21.htm |
| EX-23 - EX-23 - TEXTRON INC | a15-23451_1ex23.htm |
| EX-24 - EX-24 - TEXTRON INC | a15-23451_1ex24.htm |
| EX-4.1B - EX-4.1B - TEXTRON INC | a15-23451_1ex4d1b.htm |
| EX-32.1 - EX-32.1 - TEXTRON INC | a15-23451_1ex32d1.htm |
| EX-10.15 - EX-10.15 - TEXTRON INC | a15-23451_1ex10d15.htm |
| EX-32.2 - EX-32.2 - TEXTRON INC | a15-23451_1ex32d2.htm |
| EX-12.1 - EX-12.1 - TEXTRON INC | a15-23451_1ex12d1.htm |
| EX-31.1 - EX-31.1 - TEXTRON INC | a15-23451_1ex31d1.htm |
| EX-10.6 - EX-10.6 - TEXTRON INC | a15-23451_1ex10d6.htm |
| EX-10.4 - EX-10.4 - TEXTRON INC | a15-23451_1ex10d4.htm |
| EX-31.2 - EX-31.2 - TEXTRON INC | a15-23451_1ex31d2.htm |
| 10-K - 10-K - TEXTRON INC | a15-23451_110k.htm |
EXHIBIT 12.2
TEXTRON INC. INCLUDING ALL MAJORITY-OWNED SUBSIDIARIES
COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES
(Unaudited)
(In millions except ratios)
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Year |
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2015 |
|
2014 |
|
2013 |
|
2012 |
|
2011 |
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|
Fixed charges: |
|
|
|
|
|
|
|
|
|
|
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|
Interest expense* |
|
$ |
169 |
|
$ |
191 |
|
$ |
171 |
|
$ |
207 |
|
$ |
247 |
|
|
Estimated interest portion of rents |
|
38 |
|
40 |
|
32 |
|
32 |
|
31 |
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|
|
|
|
|
|
|
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|
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|
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|
Total fixed charges |
|
$ |
207 |
|
$ |
231 |
|
$ |
203 |
|
$ |
239 |
|
$ |
278 |
|
|
|
|
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Income: |
|
|
|
|
|
|
|
|
|
|
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Income from continuing operations before income taxes |
|
$ |
971 |
|
$ |
853 |
|
$ |
674 |
|
$ |
841 |
|
$ |
337 |
|
|
Fixed charges |
|
207 |
|
231 |
|
203 |
|
239 |
|
278 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
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|
Adjusted income |
|
$ |
1,178 |
|
$ |
1,084 |
|
$ |
877 |
|
$ |
1,080 |
|
$ |
615 |
|
|
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Ratio of income to fixed charges |
|
5.69 |
|
4.69 |
|
4.32 |
|
4.52 |
|
2.21 |
| |||||
* Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits which is included in income tax expense.