Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - TEXTRON INC | a16-17108_110q.htm |
| EX-32.2 - EX-32.2 - TEXTRON INC | a16-17108_1ex32d2.htm |
| EX-32.1 - EX-32.1 - TEXTRON INC | a16-17108_1ex32d1.htm |
| EX-31.2 - EX-31.2 - TEXTRON INC | a16-17108_1ex31d2.htm |
| EX-31.1 - EX-31.1 - TEXTRON INC | a16-17108_1ex31d1.htm |
| EX-12.2 - EX-12.2 - TEXTRON INC | a16-17108_1ex12d2.htm |
EXHIBIT 12.1
TEXTRON INC.
MANUFACTURING GROUP
COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES
(unaudited)
(In millions, except ratio)
|
|
|
Nine Months |
| ||
|
Fixed charges: |
|
|
|
| |
|
Interest expense* |
|
$ |
105 |
|
|
|
Estimated interest portion of rents |
|
28 |
|
| |
|
Total fixed charges |
|
$ |
133 |
|
|
|
|
|
|
|
| |
|
|
|
|
|
| |
|
Income: |
|
|
|
| |
|
Income from continuing operations before income taxes |
|
$ |
582 |
|
|
|
Fixed charges |
|
133 |
|
| |
|
Dividends received from Finance group |
|
29 |
|
| |
|
Eliminate pretax income of Finance group |
|
(15) |
|
| |
|
Adjusted income |
|
$ |
729 |
|
|
|
|
|
|
|
| |
|
Ratio of income to fixed charges |
|
5.48 |
|
| |
* Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits, which is included in income tax expense.