v3.26.1
Revenues
 3 Months Ended
Apr. 04, 2026
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregation of Revenues
Our revenues disaggregated by major product type are presented below:
Three Months Ended
(In millions)April 4,
2026		March 29,
2025
Aircraft$954 $733 
Aftermarket parts and services531 483 
Textron Aviation$1,485 $1,216 
Military aircraft and support programs795 634 
Commercial helicopters, parts and services275 349 
Bell$1,070 $983 
Textron Systems$338 $299 
Fuel systems and functional components486 450 
Specialized vehicles300 342 
Industrial$786 $792 
Finance$16 $16 
Total revenues$3,695 $3,306 
Our revenues for our segments by customer type and geographic location are presented below:
(In millions)Textron
Aviation		BellTextron
Systems		IndustrialFinanceTotal
Three months ended April 4, 2026
Customer type:
Commercial$1,391 $275 $77 $781 $16 $2,540 
U.S. Government94 795 261 5 — 1,155 
Total revenues$1,485 $1,070 $338 $786 $16 $3,695 
Geographic location:
United States$1,100 $867 $306 $370 $4 $2,647 
Europe150 26 14 192 2 384 
Other international235 177 18 224 10 664 
Total revenues$1,485 $1,070 $338 $786 $16 $3,695 
Three months ended March 29, 2025
Customer type:
Commercial$1,147 $361 $73 $785 $16 $2,382 
U.S. Government69 622 226 7 — 924 
Total revenues$1,216 $983 $299 $792 $16 $3,306 
Geographic location:
United States$912 $682 $272 $408 $4 $2,278 
Europe89 56 12 164 — 321 
Other international215 245 15 220 12 707 
Total revenues$1,216 $983 $299 $792 $16 $3,306 
Remaining Performance Obligations
Our remaining performance obligations, which is the equivalent of our backlog, represent the expected transaction price allocated to our contracts that we expect to recognize as revenues in future periods when we perform under the contracts. These remaining obligations exclude unexercised contract options and potential orders under ordering-type contracts such as Indefinite Delivery, Indefinite Quantity contracts. At April 4, 2026, we had $19.2 billion in remaining performance obligations of which we expect to recognize revenues of approximately 77% through 2027, an additional 17% through 2029, and the balance thereafter.  
Contract Assets and Liabilities
Assets and liabilities related to our contracts with customers are reported on a contract-by-contract basis at the end of each reporting period. At April 4, 2026 and January 3, 2026, contract assets totaled $541 million and $451 million, respectively, and contract liabilities totaled $2.1 billion for both periods, reflecting timing differences between revenues recognized, billings and payments from customers. We recognized revenues of $631 million and $340 million in the first quarter of 2026 and 2025, respectively, that were included in the contract liability balance at the beginning of each year.