EX-12.1 13 exhibit12-1.htm exhibit12-1.htm

Exhibit 12.1
TEXTRON INC.
MANUFACTURING GROUP

COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES

(unaudited)

(In millions, except ratio)


   
Nine Months
Ended
September 29, 2007
  
Fixed charges:
      
Interest expense*
   $
81
  
Estimated interest portion of rents
    
20
  
Total fixed charges
   $
101
  
         
         
Income:
        
Income from continuing operations before income taxes
   $
934
  
Eliminate equity in undistributed pretax income on financial subsidiaries
     (39 )
Fixed charges
    
101
  
Adjusted income
   $
996
  
         
         
Ratio of income to fixed charges
    
9.86
  
         

* Excludes interest expense related to unrecognized tax benefits.