EX-12.1 3 exhibit12-1.htm EXHIBIT 12.1 Exhibit 12.1
EXHIBIT 12.1
TEXTRON MANUFACTURING

COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES

(unaudited)

(In millions, except ratio)

 
Six Months
Ended
July 1, 2006
Fixed charges:
 
Interest expense
$
51
Estimated interest portion of rents
 
14
 
Total fixed charges
$
 
 
65
     
     
Income:
   
Income from continuing operations before income taxes
$
468
Eliminate equity in undistributed pre-tax income on Finance subsidiary
  
(25
Fixed charges
  
65
 
Adjusted income
 
$
508
     
     
Ratio of income to fixed charges
 
7.82