EX-12.1 4 twelveone.htm EXHIBIT 12.1 twelveone.htm
EXHIBIT 12.1

TEXTRON INC.
MANUFACTURING GROUP
COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES
(unaudited)
(In millions, except ratio)



   
Three Months
Ended
March 29, 2008
  
Fixed charges:
      
Interest expense
   $ 34  
Estimated interest portion of rents
     8  
Total fixed charges
   $ 42  
         
Income:
        
Income from continuing operations before income taxes
   $ 353  
Dividends in excess of pretax income of Textron Finance
     100  
Fixed charges
     42  
Adjusted income
   $ 495  
         
Ratio of income to fixed charges
     11.79