Textron, Inc. (TXT)
NYSE: TXT · Aircraft & Parts · Providence, RI · filing with the SEC since 1994
Grade6.6
◀ Past 7.0● Present 6.8▶ Future 6.0
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in January.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Jan 3, 2026 | Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Jan 1, 2022 | Jan 2, 2021 | Jan 4, 2020 | Dec 29, 2018 | Dec 30, 2017 | Dec 31, 2016 |
| Report filed | Feb 11, 2026 | Feb 6, 2025 | Feb 12, 2024 | Feb 16, 2023 | Feb 17, 2022 | Feb 19, 2021 | Feb 25, 2020 | Feb 14, 2019 | Feb 15, 2018 | Feb 22, 2017 |
| Revenue | 14,799 | 13,702 | 13,683 | 12,869 | 12,382 | 11,651 | 13,630 | 13,972 | 14,198 | 13,788 |
| For lenders | ||||||||||
| Net interest income | -126 | -97 | -77 | -107 | -142 | -166 | · | · | · | · |
| Provision for credit losses | · | · | · | · | · | · | · | · | 11 | 1 |
| Cost of revenue | · | · | · | · | · | 10,094 | 11,406 | 11,594 | 11,827r | 11,337r |
| Research and development | 521 | 491 | 570 | 601 | 619 | 549 | 647 | 643 | 634 | 677 |
| Selling, general and administrative | 1,173 | 1,156 | 1,225 | 1,186 | 1,221 | 1,045 | 1,152 | 1,275 | 1,334r | 1,317r |
| Interest expense | · | · | · | · | 142 | 166 | 171 | 166 | 174 | 174 |
| Income before income taxes | 1,137 | 943 | 1,087 | 1,016 | 873 | 282 | 942 | 1,384 | 762 | 876 |
| Income tax expense | 214 | 118 | 165 | 154 | 126 | -27 | 127 | 162 | 456 | 33 |
| Income from continuing operations | 923 | 825 | 922 | 862 | 747 | 309 | 815 | 1,222 | 306 | 843 |
| Income from discontinued operations | -2 | -1 | -1 | -1 | -1 | 0 | 0 | · | 1 | 119 |
| Net income including non-controlling interests | · | · | · | · | · | 309 | 815 | 1,222 | 307 | 962 |
| Net income | 921 | 824 | 921 | 861 | 746 | 309 | 815 | 1,222 | 307 | 962 |
| Earnings per share, basic | 5.15 | 4.38 | 4.61 | 4.05 | 3.33 | · | · | 4.88 | 1.15 | 3.55 |
| Earnings per share, diluted | 5.11 | 4.33 | 4.56 | 4.01 | 3.30 | · | · | 4.83 | 1.14 | 3.53 |
| Weighted average shares, basic | 178,895 | 188,318 | 199,719 | 212,809 | 224,106 | 228,536 | 231,315 | 250,196 | 266,380 | 270,774 |
| Weighted average shares, diluted | 180,258 | 190,307 | 201,774 | 214,973 | 226,520 | 228,979 | 232,709 | 253,237 | 268,750 | 272,365 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesNet interest income interest earned less interest paid
us-gaap:InterestIncomeExpenseNetProvision for credit losses set aside for loans that may not be repaid
us-gaap:ProvisionForLoanLeaseAndOtherLossesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenueResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseInterest expense what its borrowing cost
us-gaap:InterestExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntityNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding