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Segment Information (Tables)
6 Months Ended
Jun. 29, 2013
Segment Information  
Reconciliation of segment profit to income from continuing operations before income taxes

 

 

 

Three Months Ended

 

Six Months Ended

 

(In millions)

 

June 29,
2013

 

June 30,
2012

 

June 29,
2013

 

June 30,
2012

 

REVENUES

 

 

 

 

 

 

 

 

 

Manufacturing Group

 

 

 

 

 

 

 

 

 

Cessna

 

$

560

 

$

763

 

$

1,268

 

$

1,432

 

Bell

 

1,025

 

1,056

 

1,974

 

2,050

 

Textron Systems

 

422

 

389

 

851

 

766

 

Industrial

 

801

 

756

 

1,528

 

1,511

 

 

 

2,808

 

2,964

 

5,621

 

5,759

 

Finance Group

 

31

 

55

 

73

 

116

 

Total revenues

 

$

2,839

 

$

3,019

 

$

5,694

 

$

5,875

 

SEGMENT OPERATING PROFIT

 

 

 

 

 

 

 

 

 

Manufacturing Group

 

 

 

 

 

 

 

 

 

Cessna

 

$

(50

)

$

35

 

$

(58

)

$

29

 

Bell

 

135

 

152

 

264

 

297

 

Textron Systems

 

34

 

40

 

72

 

75

 

Industrial

 

79

 

61

 

136

 

134

 

 

 

198

 

288

 

414

 

535

 

Finance Group

 

15

 

22

 

34

 

34

 

Segment profit

 

213

 

310

 

448

 

569

 

Corporate expenses and other, net

 

(20

)

(20

)

(75

)

(67

)

Interest expense, net for Manufacturing group

 

(30

)

(35

)

(67

)

(70

)

Income from continuing operations before income taxes

 

$

163

 

$

255

 

$

306

 

$

432