v3.26.1
Revenues
 6 Months Ended
Jul. 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 EndedSix Months Ended
(In millions)July 4,
2026		June 28,
2025		July 4,
2026		June 28,
2025
Aircraft$1,032 $1,015 $1,986 $1,748 
Aftermarket parts and services512 507 1,043 990 
Textron Aviation$1,544 $1,522 $3,029 $2,738 
Military aircraft and support programs695 648 1,490 1,282 
Commercial helicopters, parts and services379 368 654 717 
Bell$1,074 $1,016 $2,144 $1,999 
Textron Systems$347 $324 $685 $623 
Fuel systems and functional components500 483 986 933 
Specialized vehicles348 356 648 698 
Industrial$848 $839 $1,634 $1,631 
Finance$14 $15 $30 $31 
Total revenues$3,827 $3,716 $7,522 $7,022 
Our revenues for our segments by customer type and geographic location are presented below:
(In millions)Textron
Aviation		BellTextron
Systems		IndustrialFinanceTotal
Three months ended July 4, 2026
Customer type:
Commercial$1,461 $372 $81 $848 $14 $2,776 
U.S. Government83 702 266 — — 1,051 
Total revenues$1,544 $1,074 $347 $848 $14 $3,827 
Geographic location:
United States$1,136 $815 $306 $427 $3 $2,687 
Europe105 29 19 180 1 334 
Other international303 230 22 241 10 806 
Total revenues$1,544 $1,074 $347 $848 $14 $3,827 
Three months ended June 28, 2025
Customer type:
Commercial$1,436 $361 $79 $829 $15 $2,720 
U.S. Government86 655 245 10 — 996 
Total revenues$1,522 $1,016 $324 $839 $15 $3,716 
Geographic location:
United States$1,083 $820 $293 $454 $5 $2,655 
Europe154 12 11 166 1 344 
Other international285 184 20 219 9 717 
Total revenues$1,522 $1,016 $324 $839 $15 $3,716 
Six months ended July 4, 2026
Customer type:
Commercial$2,852 $647 $158 $1,629 $30 $5,316 
U.S. Government177 1,497 527 5 — 2,206 
Total revenues$3,029 $2,144 $685 $1,634 $30 $7,522 
Geographic location:
United States$2,236 $1,682 $612 $797 $7 $5,334 
Europe255 55 33 372 3 718 
Other international538 407 40 465 20 1,470 
Total revenues$3,029 $2,144 $685 $1,634 $30 $7,522 
Six months ended June 28, 2025
Customer type:
Commercial$2,583 $722 $152 $1,614 $31 $5,102 
U.S. Government155 1,277 471 17 — 1,920 
Total revenues$2,738 $1,999 $623 $1,631 $31 $7,022 
Geographic location:
United States$1,995 $1,502 $565 $862 $9 $4,933 
Europe243 68 23 330 1 665 
Other international500 429 35 439 21 1,424 
Total revenues$2,738 $1,999 $623 $1,631 $31 $7,022 
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 July 4, 2026, we had $18.9 billion in remaining performance obligations of which we expect to recognize revenues of approximately 74% through 2027, an additional 20% 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 July 4, 2026 and January 3, 2026, contract assets totaled $492 million and $451 million, respectively, and contract liabilities totaled $2.2 billion and $2.1 billion, respectively, reflecting timing differences between revenues recognized, billings and payments from customers. We recognized revenues of $373 million and $1.0 billion in the second quarter and first half of 2026, respectively, and $351 million and $691 million in the second quarter and first half of 2025, respectively, that were included in the contract liability balance at the beginning of each year.