v3.24.3
Segment Information
 9 Months Ended
Sep. 28, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
We operate in, and report financial information for, the following six operating segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation and Finance. Segment profit is an important measure used for evaluating performance and for decision-making purposes. Segment profit for the manufacturing segments excludes the non-service components of pension and postretirement income, net; LIFO inventory provision; intangible asset amortization; interest expense, net for Manufacturing group; certain corporate expenses; gains/losses on major business dispositions; and special charges. The measurement for the Finance segment includes interest income and expense along with intercompany interest income and expense.
Our revenues by segment, along with a reconciliation of segment profit to income from continuing operations before income taxes, are included in the table below:
Three Months EndedNine Months Ended
(In millions)September 28,
2024		September 30,
2023		September 28,
2024		September 30,
2023
Revenues
Textron Aviation$1,339 $1,338 $4,002 $3,849 
Bell929 754 2,450 2,076 
Textron Systems301 309 930 921 
Industrial840 922 2,646 2,880 
Textron eAviation6 7 22 22 
Finance12 13 39 43 
Total revenues$3,427 $3,343 $10,089 $9,791 
Segment Profit
Textron Aviation$128 $160 $466 $456 
Bell98 77 260 202 
Textron Systems39 41 112 112 
Industrial32 51 103 171 
Textron eAviation(18)(19)(54)(40)
Finance5 22 30 42 
Segment profit284 332 917 943 
Corporate expenses and other, net(20)(38)(99)(98)
Interest expense, net for Manufacturing group(22)(16)(57)(49)
LIFO inventory provision(49)(26)(96)(86)
Intangible asset amortization(9)(10)(26)(30)
Special charges2 — (25)— 
Non-service components of pension and postretirement income, net66 59 198 177 
Income from continuing operations before income taxes$252 $301 $812 $857