EX-12.1 2 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)



   
Six Months
Ended
June 28, 2008
  
Fixed charges:
      
Interest expense
   $ 67  
Estimated interest portion of rents
     16  
Total fixed charges
   $ 83  
         
         
Income:
        
Income from continuing operations before income taxes
   $ 744  
Dividends in excess of pretax income of Textron Finance
     87  
Fixed charges
     83  
Adjusted income
   $ 914  
         
Ratio of income to fixed charges
     11.01