v3.26.3
Segment Financial Information (Tables)
 9 Months Ended
Oct. 03, 2026
Segment Reporting [Abstract]  
Reconciliation of Revenues by Segment
Our revenues and expenses by segment are provided below:
(In millions)Textron AviationBellTextron SystemsIndustrialFinanceTotal
Three months ended October 3, 2026
Revenues$1,680 $933 $360 $765 $13 $3,751 
Costs and expenses:
Cost of sales1,334 783 272 654 — 3,043 
Research and development costs56 24 10 17 — 107 
Selling and administrative expense111 50 21 56 4 242 
Interest expense, net— — — — 4 4 
Segment profit$179 $76 $57 $38 $5 $355 
Three months ended September 27, 2025
Revenues$1,479 $1,026 $310 $761 $26 $3,602 
Costs and expenses:
Cost of sales1,153 846 238 655 — 2,892 
Research and development costs55 33 13 15 — 116 
Selling and administrative expense99 55 12 60 4 230 
Interest expense, net— — — — 4 4 
Segment profit$172 $92 $47 $31 $18 $360 
Nine months ended October 3, 2026
Revenues$4,709 $3,077 $1,045 $2,399 $43 $11,273 
Costs and expenses:
Cost of sales3,691 2,604 797 2,012 — 9,104 
Research and development costs170 88 29 52 — 339 
Selling and administrative expense350 162 76 198 3 789 
Interest expense, net— — — — 13 13 
Segment profit$498 $223 $143 $137 $27 $1,028 
Nine months ended September 27, 2025
Revenues$4,217 $3,025 $933 $2,392 $57 $10,624 
Costs and expenses:
Cost of sales3,264 2,490 703 2,031 — 8,488 
Research and development costs174 110 39 49 — 372 
Selling and administrative expense315 163 66 197 8 749 
Interest expense, net— — — — 13 13 
Segment profit$464 $262 $125 $115 $36 $1,002 
Reconciliation of Segment Profit to Income From Continuing Operations Before Income Taxes
A reconciliation of segment profit to income from continuing operations before income taxes is presented below:
Three Months EndedNine Months Ended
(In millions)October 3,
2026		September 27,
2025		October 3,
2026		September 27,
2025
Segment profit$355 $360 $1,028 $1,002 
Unallocated amounts:
Corporate expenses and other, net(32)(29)(121)(124)
Interest expense, net for Manufacturing group(28)(26)(86)(77)
LIFO inventory provision(36)(48)(116)(115)
Intangible asset amortization(7)(8)(22)(24)
Special charges— — — (4)
Non-service components of pension and postretirement income, net70 67 210 200 
Income from continuing operations before income taxes$322 $316 $893 $858 
Other Information by Segment
Other information by segment is provided below:
Capital ExpendituresDepreciation and Amortization
Three Months EndedNine Months EndedThree Months EndedNine Months Ended
(In millions)October 3,
2026		September 27,
2025		October 3,
2026		September 27,
2025		October 3,
2026		September 27,
2025		October 3,
2026		September 27,
2025
Textron Aviation$28 $30 $92 $93 $45 $43 $125 $124 
Bell37 26 139 59 26 23 74 73 
Textron Systems13 7 35 20 12 12 35 36 
Industrial23 12 60 37 17 17 52 51 
Corporate1 1 4 1 1 2 5 5 
Total$102 $76 $330 $210 $101 $97 $291 $289 
Our assets by segment are summarized below:
(In millions)October 3,
2026		January 3,
2026
Textron Aviation$5,113 $5,103 
Bell3,596 3,132 
Textron Systems2,283 2,224 
Industrial2,341 2,305 
Finance689 677 
Corporate4,324 4,688 
Total assets$18,346 $18,129