Attached files
| file | filename |
|---|---|
| EX-12.1 - EX-12.1 - TEXTRON INC | a17-1034_1ex12d1.htm |
| 10-K - 10-K - TEXTRON INC | a17-1034_110k.htm |
| EX-32.2 - EX-32.2 - TEXTRON INC | a17-1034_1ex32d2.htm |
| EX-32.1 - EX-32.1 - TEXTRON INC | a17-1034_1ex32d1.htm |
| EX-31.2 - EX-31.2 - TEXTRON INC | a17-1034_1ex31d2.htm |
| EX-31.1 - EX-31.1 - TEXTRON INC | a17-1034_1ex31d1.htm |
| EX-24 - EX-24 - TEXTRON INC | a17-1034_1ex24.htm |
| EX-23 - EX-23 - TEXTRON INC | a17-1034_1ex23.htm |
| EX-21 - EX-21 - TEXTRON INC | a17-1034_1ex21.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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|
2016 |
|
2015 |
|
2014 |
|
2013 |
|
2012 | |||||
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Fixed charges: |
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|
|
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|
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|
|
|
| |||||
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Interest expense* |
|
$ |
174 |
|
$ |
169 |
|
$ |
191 |
|
$ |
171 |
|
$ |
207 |
|
Estimated interest portion of rents |
|
42 |
|
38 |
|
40 |
|
32 |
|
32 | |||||
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Total fixed charges |
|
$ |
216 |
|
$ |
207 |
|
$ |
231 |
|
$ |
203 |
|
$ |
239 |
|
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Income: |
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|
|
|
|
|
|
|
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| |||||
|
Income from continuing operations before income taxes |
|
$ |
876 |
|
$ |
971 |
|
$ |
853 |
|
$ |
674 |
|
$ |
841 |
|
Fixed charges |
|
216 |
|
207 |
|
231 |
|
203 |
|
239 | |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
|
Adjusted income |
|
$ |
1,092 |
|
$ |
1,178 |
|
$ |
1,084 |
|
$ |
877 |
|
$ |
1,080 |
|
|
|
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| |||||
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Ratio of income to fixed charges |
|
5.06 |
|
5.69 |
|
4.69 |
|
4.32 |
|
4.52 | |||||
* Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits which is included in income tax expense.