Attached files
| file | filename |
|---|---|
| EX-32.1 - EX-32.1 - TEXTRON INC | a18-1018_1ex32d1.htm |
| 10-K - 10-K - TEXTRON INC | a18-1018_110k.htm |
| EX-32.2 - EX-32.2 - TEXTRON INC | a18-1018_1ex32d2.htm |
| EX-31.2 - EX-31.2 - TEXTRON INC | a18-1018_1ex31d2.htm |
| EX-31.1 - EX-31.1 - TEXTRON INC | a18-1018_1ex31d1.htm |
| EX-24 - EX-24 - TEXTRON INC | a18-1018_1ex24.htm |
| EX-23 - EX-23 - TEXTRON INC | a18-1018_1ex23.htm |
| EX-21 - EX-21 - TEXTRON INC | a18-1018_1ex21.htm |
| EX-12.1 - EX-12.1 - TEXTRON INC | a18-1018_1ex12d1.htm |
| EX-10.15 - EX-10.15 - TEXTRON INC | a18-1018_1ex10d15.htm |
| EX-10.9 - EX-10.9 - TEXTRON INC | a18-1018_1ex10d9.htm |
TEXTRON INC. INCLUDING ALL MAJORITY-OWNED SUBSIDIARIES
COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES
(Unaudited)
(In millions except ratios)
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2017 |
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2016 |
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2015 |
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2014 |
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2013 | |||||
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Fixed charges: |
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Interest expense* |
|
$ |
174 |
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$ |
174 |
|
$ |
169 |
|
$ |
191 |
|
$ |
171 |
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Estimated interest portion of rents |
|
41 |
|
42 |
|
38 |
|
40 |
|
32 | |||||
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Total fixed charges |
|
$ |
215 |
|
$ |
216 |
|
$ |
207 |
|
$ |
231 |
|
$ |
203 |
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Income: |
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Income from continuing operations before income taxes |
|
$ |
762 |
|
$ |
876 |
|
$ |
971 |
|
$ |
853 |
|
$ |
674 |
|
Fixed charges |
|
215 |
|
216 |
|
207 |
|
231 |
|
203 | |||||
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Adjusted income |
|
$ |
977 |
|
$ |
1,092 |
|
$ |
1,178 |
|
$ |
1,084 |
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$ |
877 |
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Ratio of income to fixed charges |
|
4.54 |
|
5.06 |
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5.69 |
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4.69 |
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4.32 | |||||
* Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits which is included in income tax expense.