v3.26.3
Revenues
9 Months Ended
Oct. 03, 2026
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregation of Revenues
Our revenues disaggregated by major product type are presented below:
Three Months EndedNine Months Ended
(In millions)October 3,
2026
September 27,
2025
October 3,
2026
September 27,
2025
Aircraft$1,139 $987 $3,125 $2,735 
Aftermarket parts and services541 492 1,584 1,482 
Textron Aviation$1,680 $1,479 $4,709 $4,217 
Military aircraft and support programs622 681 2,112 1,963 
Commercial helicopters, parts and services311 345 965 1,062 
Bell$933 $1,026 $3,077 $3,025 
Textron Systems$360 $310 $1,045 $933 
Fuel systems and functional components448 470 1,434 1,403 
Specialized vehicles317 291 965 989 
Industrial$765 $761 $2,399 $2,392 
Finance$13 $26 $43 $57 
Total revenues$3,751 $3,602 $11,273 $10,624 
Our revenues for our segments by customer type and geographic location are presented below:
(In millions)Textron
Aviation
BellTextron
Systems
IndustrialFinanceTotal
Three months ended October 3, 2026
Customer type:
Commercial$1,585 $305 $78 $758 $13 $2,739 
U.S. Government95 628 282 7 — 1,012 
Total revenues$1,680 $933 $360 $765 $13 $3,751 
Geographic location:
United States$1,189 $703 $315 $422 $3 $2,632 
Europe178 49 21 137 — 385 
Other international313 181 24 206 10 734 
Total revenues$1,680 $933 $360 $765 $13 $3,751 
Three months ended September 27, 2025
Customer type:
Commercial$1,377 $338 $80 $756 $26 $2,577 
U.S. Government102 688 230 5 — 1,025 
Total revenues$1,479 $1,026 $310 $761 $26 $3,602 
Geographic location:
United States$1,038 $822 $285 $387 $8 $2,540 
Europe116 16 9 149 — 290 
Other international325 188 16 225 18 772 
Total revenues$1,479 $1,026 $310 $761 $26 $3,602 
Nine months ended October 3, 2026
Customer type:
Commercial$4,437 $952 $236 $2,387 $43 $8,055 
U.S. Government272 2,125 809 12 — 3,218 
Total revenues$4,709 $3,077 $1,045 $2,399 $43 $11,273 
Geographic location:
United States$3,425 $2,385 $927 $1,219 $10 $7,966 
Europe433 104 54 509 3 1,103 
Other international851 588 64 671 30 2,204 
Total revenues$4,709 $3,077 $1,045 $2,399 $43 $11,273 
Nine months ended September 27, 2025
Customer type:
Commercial$3,960 $1,060 $232 $2,370 $57 $7,679 
U.S. Government257 1,965 701 22 — 2,945 
Total revenues$4,217 $3,025 $933 $2,392 $57 $10,624 
Geographic location:
United States$3,033 $2,324 $850 $1,249 $17 $7,473 
Europe359 84 32 479 1 955 
Other international825 617 51 664 39 2,196 
Total revenues$4,217 $3,025 $933 $2,392 $57 $10,624 
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 October 3, 2026, we had $19.0 billion in remaining performance obligations of which we expect to recognize revenues of approximately 62% through 2027, an additional 31% 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 October 3, 2026 and January 3, 2026, contract assets totaled $470 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 $234 million and $1.2 billion in the third quarter and first nine months of 2026, respectively, and $277 million and $968 million in the third quarter and first nine months of 2025, respectively, that were included in the contract liability balance at the beginning of each year.