Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - TEXTRON INC | a16-11476_110q.htm |
| EX-32.2 - EX-32.2 - TEXTRON INC | a16-11476_1ex32d2.htm |
| EX-32.1 - EX-32.1 - TEXTRON INC | a16-11476_1ex32d1.htm |
| EX-31.2 - EX-31.2 - TEXTRON INC | a16-11476_1ex31d2.htm |
| EX-31.1 - EX-31.1 - TEXTRON INC | a16-11476_1ex31d1.htm |
| EX-12.2 - EX-12.2 - TEXTRON INC | a16-11476_1ex12d2.htm |
EXHIBIT 12.1
TEXTRON INC.
MANUFACTURING GROUP
COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES
(unaudited)
(In millions, except ratio)
|
|
|
Six Months |
| ||
|
Fixed charges: |
|
|
|
| |
|
Interest expense* |
|
$ |
70 |
|
|
|
Estimated interest portion of rents |
|
19 |
|
| |
|
Total fixed charges |
|
$ |
89 |
|
|
|
|
|
|
|
| |
|
|
|
|
|
| |
|
Income: |
|
|
|
| |
|
Income from continuing operations before income taxes |
|
$ |
475 |
|
|
|
Fixed charges |
|
89 |
|
| |
|
Dividends received from Finance group |
|
29 |
|
| |
|
Eliminate pretax income of Finance group |
|
(12) |
|
| |
|
Adjusted income |
|
$ |
581 |
|
|
|
|
|
|
|
| |
|
Ratio of income to fixed charges |
|
6.53 |
|
| |
* Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits, which is included in income tax expense.