Segment Financial Information (Tables)

3 Months Ended

Apr. 04, 2026

Our revenues and expenses by segment are provided below:


(In millions)	Textron Aviation		Bell		Textron Systems		Industrial		Finance		Total
















Three months ended April 4, 2026
Revenues	$	1,485	$	1,070	$	338	$	786	$	16	$	3,695
Costs and expenses:
Cost of sales	1,153		904		258		661		—		2,976
Research and development costs	56		37		9		16		—		118
Selling and administrative expense	122		57		29		69		(1)		276
Interest expense, net	—		—		—		—		5		5
Segment profit	$	154	$	72	$	42	$	40	$	12	$	320
Three months ended March 29, 2025
Revenues	$	1,216	$	983	$	299	$	792	$	16	$	3,306
Costs and expenses:
Cost of sales	933		803		221		678		—		2,635
Research and development costs	60		39		10		14		—		123
Selling and administrative expense	101		51		30		70		2		254
Interest expense, net	—		—		—		—		4		4
Segment profit	$	122	$	90	$	38	$	30	$	10	$	290

A reconciliation of segment profit to income from continuing operations before income taxes is presented below:



	Three Months Ended
(In millions)		April 4, 2026		March 29, 2025
Segment profit		$	320	$	290
Unallocated amounts:
Corporate expenses and other, net		(47)		(53)
Interest expense, net for Manufacturing group		(29)		(25)
LIFO inventory provision		(39)		(29)
Intangible asset amortization		(8)		(8)

Non-service components of pension and postretirement income, net		70		66
Income before income taxes		$	267	$	241

Other information by segment is provided below:



		Capital Expenditures					Depreciation and Amortization
	Three Months Ended					Three Months Ended
(In millions)		April 4, 2026		March 29, 2025			April 4, 2026		March 29, 2025
Textron Aviation		$	32	$	26		$	41	$	39
Bell		72		15			24		22
Textron Systems		6		5			12		12
Industrial		21		10			17		17
Corporate		2		—			2		2
Total		$	133	$	56		$	96	$	92

Our assets by segment are summarized below: