TEXTRON INC, 10-Q filed on 10/23/2025
Quarterly Report
v3.25.3
Cover - shares
 9 Months Ended
Sep. 27, 2025
Oct. 10, 2025
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Sep. 27, 2025  
Document Transition Report false  
Entity File Number 1-5480  
Entity Registrant Name Textron Inc.  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 05-0315468  
Entity Address, Address Line One 40 Westminster Street  
Entity Address, City or Town Providence  
Entity Address, State or Province RI  
Entity Address, Postal Zip Code 02903  
City Area Code 401  
Local Phone Number 421-2800  
Title of 12(b) Security Common stock, $0.125 par value  
Trading Symbol TXT  
Security Exchange Name NYSE  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   176,224,064
Entity Central Index Key 0000217346  
Current Fiscal Year End Date --01-03  
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus Q3  
Amendment Flag false  
v3.25.3
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Revenues        
Total revenues $ 3,602 $ 3,427 $ 10,624 $ 10,089
Costs, expenses and other        
Research and development costs 118 126 387 375
Selling and administrative expense 257 282 858 891
Interest expense, net 30 26 90 71
Special charges 0 (2) 4 25
Non-service components of pension and postretirement income, net (67) (66) (200) (198)
Total costs, expenses and other 3,286 3,175 9,766 9,277
Income from continuing operations before income taxes 316 252 858 812
Income tax expense 81 29 171 128
Income from continuing operations 235 223 687 684
Loss from discontinued operations (1) 0 (1) (1)
Net income $ 234 $ 223 $ 686 $ 683
Basic earnings per share        
Continuing operations (in dollars per share) $ 1.32 $ 1.19 $ 3.81 $ 3.60
Diluted earnings per share        
Continuing operations (in dollars per share) $ 1.31 $ 1.18 $ 3.79 $ 3.56
Manufacturing group        
Costs, expenses and other        
Income from continuing operations     $ 655 $ 660
Finance group        
Revenues        
Total revenues $ 26 $ 12 57 39
Costs, expenses and other        
Income from continuing operations     32 24
Product        
Costs, expenses and other        
Cost of products/services sold 2,597 2,462 7,504 6,668
Product | Manufacturing group        
Revenues        
Total revenues 3,114 2,955 9,082 8,229
Service        
Costs, expenses and other        
Cost of products/services sold 351 347 1,123 1,445
Service | Manufacturing group        
Revenues        
Total revenues $ 462 $ 460 $ 1,485 $ 1,821
v3.25.3
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Statement of Comprehensive Income [Abstract]        
Net income $ 234 $ 223 $ 686 $ 683
Other comprehensive income (loss), net of tax        
Pension and postretirement benefits adjustments, net of reclassifications 0 0 0 2
Foreign currency translation adjustments, net of reclassifications (1) 59 130 12
Deferred gains (losses) on hedge contracts, net of reclassifications (3) 2 1 (2)
Other comprehensive income (loss) (4) 61 131 12
Comprehensive income $ 230 $ 284 $ 817 $ 695
v3.25.3
Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Sep. 27, 2025
Dec. 28, 2024
Assets    
Inventories $ 4,464 $ 4,071
Finance receivables, net 596 603
Total assets 17,381 16,838
Liabilities    
Total liabilities 9,888 9,634
Shareholders’ equity    
Common stock 23 23
Capital surplus 2,083 1,960
Treasury stock (722) (82)
Retained earnings 6,282 5,607
Accumulated other comprehensive loss (173) (304)
Total shareholders’ equity 7,493 7,204
Total liabilities and shareholders’ equity $ 17,381 $ 16,838
Common shares outstanding (in shares) 176,139 182,964
Manufacturing group    
Assets    
Cash and equivalents $ 1,446 $ 1,386
Accounts receivable, net 1,057 949
Inventories 4,464 4,071
Other current assets 775 687
Total current assets 7,742 7,093
Property, plant and equipment, less accumulated depreciation and amortization of $5,721 and $5,471, respectively 2,475 2,529
Goodwill 2,321 2,288
Other assets 4,155 4,248
Cash and equivalents 1,446 1,386
Total assets 16,693 16,158
Liabilities    
Current portion of long-term debt 356 357
Accounts payable 1,199 943
Other current liabilities 3,024 3,094
Total current liabilities 4,579 4,394
Other liabilities 1,884 1,945
Long-term debt 3,038 2,890
Total liabilities 9,501 9,229
Finance group    
Assets    
Cash and equivalents 76 55
Cash and equivalents 76 55
Finance receivables, net 596 603
Other assets 16 22
Total assets 688 680
Liabilities    
Other liabilities 47 64
Debt 340 341
Total liabilities $ 387 $ 405
v3.25.3
Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 28, 2024
Statement of Financial Position [Abstract]    
Accumulated depreciation and amortization $ 5,721 $ 5,471
v3.25.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Cash flows from operating activities    
Income from continuing operations $ 687 $ 684
Non-cash items:    
Depreciation and amortization 289 279
Deferred income taxes 124 (18)
Gain on business disposition (4) 0
Other, net 101 88
Changes in assets and liabilities:    
Accounts receivable, net (126) (21)
Inventories (437) (471)
Other assets (5) 170
Accounts payable 262 77
Other liabilities (46) (77)
Income taxes, net (39) 5
Pension, net (174) (169)
Captive finance receivables, net (30) 4
Other operating activities, net 11 18
Net cash provided by operating activities of continuing operations 613 569
Net cash used in operating activities of discontinued operations (1) (1)
Net cash provided by operating activities 612 568
Cash flows from investing activities    
Capital expenditures (210) (211)
Net proceeds from corporate-owned life insurance policies 77 27
Net proceeds from business disposition 16 0
Proceeds from sale of property, plant and equipment 9 3
Net cash used in business acquisitions (1) (13)
Finance receivables repaid 22 23
Finance receivables originated (40) (18)
Proceeds from the disposition of non-captive assets 66 0
Other investing activities, net 16 0
Net cash provided by (used in) investing activities (45) (189)
Cash flows from financing activities    
Proceeds from issuance of debt 495 0
Principal payments on long-term debt and nonrecourse debt (367) (375)
Purchases of Textron common stock (635) (890)
Proceeds from options exercised 25 84
Dividends paid (11) (8)
Other financing activities, net (14) (25)
Net cash used in financing activities (507) (1,214)
Effect of exchange rate changes on cash and equivalents 21 1
Net increase (decrease) in cash and equivalents 81 (834)
Cash and equivalents at beginning of period 1,441 2,181
Cash and equivalents at end of period $ 1,522 $ 1,347
v3.25.3
Consolidated Statements of Cash Flows (Unaudited) - Manufacturing Group and Finance Group - USD ($)
$ in Millions
 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Cash flows from operating activities    
Income from continuing operations $ 687 $ 684
Non-cash items:    
Depreciation and amortization 289 279
Deferred income taxes 124 (18)
Gain on business disposition (4) 0
Other, net 101 88
Changes in assets and liabilities:    
Accounts receivable, net (126) (21)
Inventories (437) (471)
Other assets (5) 170
Accounts payable 262 77
Other liabilities (46) (77)
Income taxes, net (39) 5
Pension, net (174) (169)
Other operating activities, net 11 18
Net cash provided by operating activities of continuing operations 613 569
Net cash used in operating activities of discontinued operations (1) (1)
Net cash provided by operating activities 612 568
Cash flows from investing activities    
Capital expenditures (210) (211)
Net proceeds from corporate-owned life insurance policies 77 27
Net proceeds from business disposition 16 0
Proceeds from sale of property, plant and equipment 9 3
Net cash used in business acquisitions (1) (13)
Finance receivables repaid 22 23
Finance receivables originated (40) (18)
Proceeds from the disposition of non-captive assets 66 0
Other investing activities, net 16 0
Net cash provided by (used in) investing activities (45) (189)
Cash flows from financing activities    
Proceeds from issuance of debt 495 0
Principal payments on long-term debt and nonrecourse debt (367) (375)
Purchases of Textron common stock (635) (890)
Proceeds from options exercised 25 84
Dividends paid (11) (8)
Other financing activities, net (14) (25)
Net cash used in financing activities (507) (1,214)
Effect of exchange rate changes on cash and equivalents 21 1
Net increase (decrease) in cash and equivalents 81 (834)
Cash and equivalents at beginning of period 1,441 2,181
Cash and equivalents at end of period 1,522 1,347
Manufacturing group    
Cash flows from operating activities    
Income from continuing operations 655 660
Non-cash items:    
Depreciation and amortization 289 279
Deferred income taxes 144 (17)
Gain on business disposition (4) 0
Other, net 101 100
Changes in assets and liabilities:    
Accounts receivable, net (126) (21)
Inventories (437) (471)
Other assets (4) 170
Accounts payable 262 77
Other liabilities (37) (70)
Income taxes, net (51) 5
Pension, net (174) (169)
Other operating activities, net 11 18
Net cash provided by operating activities of continuing operations 629 561
Net cash used in operating activities of discontinued operations (1) (1)
Net cash provided by operating activities 628 560
Cash flows from investing activities    
Capital expenditures (210) (211)
Net proceeds from corporate-owned life insurance policies 77 27
Net proceeds from business disposition 16 0
Proceeds from sale of property, plant and equipment 9 3
Net cash used in business acquisitions (1) (13)
Finance receivables repaid 0 0
Finance receivables originated 0 0
Proceeds from the disposition of non-captive assets 0 0
Other investing activities, net 15 0
Net cash provided by (used in) investing activities (94) (194)
Cash flows from financing activities    
Proceeds from issuance of debt 495 0
Principal payments on long-term debt and nonrecourse debt (355) (360)
Purchases of Textron common stock (635) (890)
Proceeds from options exercised 25 84
Dividends paid (11) (8)
Other financing activities, net (14) (25)
Net cash used in financing activities (495) (1,199)
Effect of exchange rate changes on cash and equivalents 21 1
Net increase (decrease) in cash and equivalents 60 (832)
Cash and equivalents at beginning of period 1,386 2,121
Cash and equivalents at end of period 1,446 1,289
Finance group    
Cash flows from operating activities    
Income from continuing operations 32 24
Non-cash items:    
Depreciation and amortization 0 0
Deferred income taxes (20) (1)
Gain on business disposition 0 0
Other, net 0 (12)
Changes in assets and liabilities:    
Accounts receivable, net 0 0
Inventories 0 0
Other assets (1) 0
Accounts payable 0 0
Other liabilities (9) (7)
Income taxes, net 12 0
Pension, net 0 0
Other operating activities, net 0 0
Net cash provided by operating activities of continuing operations 14 4
Net cash used in operating activities of discontinued operations 0 0
Net cash provided by operating activities 14 4
Cash flows from investing activities    
Capital expenditures 0 0
Net proceeds from corporate-owned life insurance policies 0 0
Net proceeds from business disposition 0 0
Proceeds from sale of property, plant and equipment 0 0
Net cash used in business acquisitions 0 0
Finance receivables repaid 119 99
Finance receivables originated (167) (90)
Proceeds from the disposition of non-captive assets 66 0
Other investing activities, net 1 0
Net cash provided by (used in) investing activities 19 9
Cash flows from financing activities    
Proceeds from issuance of debt 0 0
Principal payments on long-term debt and nonrecourse debt (12) (15)
Purchases of Textron common stock 0 0
Proceeds from options exercised 0 0
Dividends paid 0 0
Other financing activities, net 0 0
Net cash used in financing activities (12) (15)
Effect of exchange rate changes on cash and equivalents 0 0
Net increase (decrease) in cash and equivalents 21 (2)
Cash and equivalents at beginning of period 55 60
Cash and equivalents at end of period $ 76 $ 58
v3.25.3
Basis of Presentation
 9 Months Ended
Sep. 27, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation Basis of Presentation
Our Consolidated Financial Statements include the accounts of Textron Inc. (Textron) and its majority-owned subsidiaries.  We have prepared these unaudited consolidated financial statements in accordance with accounting principles generally accepted in the U.S. for interim financial information. Accordingly, these interim financial statements do not include all of the information and footnotes required by accounting principles generally accepted in the U.S. for complete financial statements. The consolidated interim financial statements included in this quarterly report should be read in conjunction with the consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 28, 2024.  In the opinion of management, the interim financial statements reflect all adjustments (consisting only of normal recurring adjustments) that are necessary for the fair presentation of our consolidated financial position, results of operations and cash flows for the interim periods presented. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year.
Our financings are conducted through two separate borrowing groups. The Manufacturing group consists of Textron consolidated with its majority-owned subsidiaries that operate in the Textron Aviation, Bell, Textron Systems, Industrial and Textron eAviation segments. The Finance group, which also is the Finance segment, consists of Textron Financial Corporation and its consolidated subsidiaries. We designed this framework to enhance our borrowing power by separating the Finance group. Our Manufacturing group operations include the development, production and delivery of tangible goods and services, while our Finance group provides financial services. Due to the fundamental differences between each borrowing group’s activities, investors, rating agencies and analysts use different measures to evaluate each group’s performance. To support those evaluations, we present balance sheet and cash flow information for each borrowing group within the Consolidated Financial Statements. All significant intercompany transactions are eliminated from the Consolidated Financial Statements, including retail financing activities for inventory sold by our Manufacturing group and financed by our Finance group.
Use of Estimates
We prepare our financial statements in conformity with generally accepted accounting principles, which require us to make estimates and assumptions that affect the amounts reported in the financial statements. Actual results could differ from those estimates. Our estimates and assumptions are reviewed periodically, and the effects of changes, if any, are reflected in the Consolidated Statements of Operations in the period that they are determined.
Contract Estimates
For contracts where revenue is recognized over time, we recognize changes in estimated contract revenues, costs and profits using the cumulative catch-up method of accounting. This method recognizes the cumulative effect of changes on current and prior periods with the impact of the change from inception-to-date recorded in the current period. Anticipated losses on contracts are recognized in full in the period in which the losses become probable and estimable.  
In the third quarter of 2025 and 2024, our cumulative catch-up adjustments increased segment profit by $18 million and $10 million, respectively, and net income by $14 million and $7 million, respectively ($0.08 and $0.04 per diluted share, respectively). In the first nine months of 2025 and 2024, our cumulative catch-up adjustments increased segment profit by $43 million and $41 million, respectively, and net income by $33 million and $31 million, respectively ($0.18 and $0.16 per diluted share, respectively).
v3.25.3
Accounts Receivable and Finance Receivables
 9 Months Ended
Sep. 27, 2025
Receivables [Abstract]  
Accounts Receivable and Finance Receivables Accounts Receivable and Finance Receivables
Accounts Receivable
Accounts receivable is composed of the following:
(In millions)September 27,
2025		December 28,
2024
Commercial$764 $738 
U.S. Government contracts310 230 
1,074 968 
Allowance for credit losses(17)(19)
Total accounts receivable, net$1,057 $949 
Finance Receivables
Finance receivables are presented in the following table:
(In millions)September 27,
2025		December 28,
2024
Finance receivables$616 $622 
Allowance for credit losses(20)(19)
Total finance receivables, net$596 $603 
Finance Receivable Portfolio Quality
We internally assess the quality of our finance receivables based on a number of key credit quality indicators and statistics such as delinquency, loan balance to estimated collateral value and the financial strength of individual borrowers and guarantors. Because many of these indicators are difficult to apply across an entire class of receivables, we evaluate individual loans on a quarterly basis and classify these loans into three categories based on the key credit quality indicators for the individual loan. These three categories are performing, watchlist and nonaccrual.
We classify finance receivables as nonaccrual if credit quality indicators suggest full collection of principal and interest is doubtful. In addition, we automatically classify accounts as nonaccrual once they are contractually delinquent by more than three months unless collection of principal and interest is not doubtful. Accounts are classified as watchlist when credit quality indicators have deteriorated as compared with typical underwriting criteria, and we believe collection of full principal and interest is probable but not certain. All other finance receivables that do not meet the watchlist or nonaccrual categories are classified as performing.
We measure delinquency based on the contractual payment terms of our finance receivables.  In determining the delinquency aging category of an account, any/all principal and interest received is applied to the most past-due principal and/or interest amounts due. If a significant portion of the contractually due payment is delinquent, the entire finance receivable balance is reported in accordance with the most past-due delinquency aging category.
Finance receivables categorized based on the credit quality indicators and by the delinquency aging category are summarized as follows:
(Dollars in millions)September 27,
2025		December 28,
2024
Performing$581$612
Watchlist33—
Nonaccrual210
Nonaccrual as a percentage of finance receivables0.32%1.61%
Current and less than 31 days past due$608$609
31-60 days past due813
60+ days contractual delinquency as a percentage of finance receivables—%—%
At September 27, 2025, 54% of our performing finance receivables were originated since the beginning of 2023 and 24% were originated from 2020 to 2022 with the remainder prior to 2020. For finance receivables categorized as watchlist, 100% were originated from 2023 to 2024, and for nonaccrual, 100% were originated prior to 2020.
On a quarterly basis, we evaluate individual larger balance accounts for impairment. A finance receivable is considered impaired when it is probable that we will be unable to collect all amounts due according to the contractual terms of the loan agreement based on our review of the credit quality indicators described above. Impaired finance receivables include both nonaccrual accounts and accounts for which full collection of principal and interest remains probable, but the account’s original terms have been, or are expected to be, significantly modified.  If the modification specifies an interest rate equal to or greater than a market rate for a finance receivable with comparable risk, the account is not considered impaired in years subsequent to the modification. Our impaired finance receivables were insignificant at September 27, 2025 and December 28, 2024.
v3.25.3
Inventories
 9 Months Ended
Sep. 27, 2025
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories are composed of the following:
(In millions)September 27,
2025		December 28,
2024
Finished goods$1,194 $1,138 
Work in process2,172 1,769 
Raw materials and components1,098 1,164 
Total inventories$4,464 $4,071 
v3.25.3
Accounts Payable and Warranty Liability
 9 Months Ended
Sep. 27, 2025
Payables and Accruals [Abstract]  
Accounts Payable and Warranty Liability Accounts Payable and Warranty Liability
Accounts Payable
Supplier Financing Arrangement
We have a financing arrangement with one of our suppliers for a maximum amount of $200 million that extends payment terms for up to 190 days from the receipt of goods and provides for the supplier to be paid by a financial institution earlier than maturity. This financing arrangement expires in April 2027. At September 27, 2025 and December 28, 2024, the amount due under the supplier financing arrangement was $111 million and $50 million, respectively.
Warranty Liability
Changes in our current and non-current warranty liability are as follows:
Nine Months Ended
(In millions)September 27,
2025		September 28,
2024
Beginning of period$173 $172 
Provision56 57 
Changes to estimates33 (2)
Settlements(69)(55)
Other*(12)(2)
End of period$181 $170 
* Other includes business dispositions and currency translation adjustments.
v3.25.3
Leases
 9 Months Ended
Sep. 27, 2025
Leases [Abstract]  
Leases Leases
We primarily lease certain manufacturing plants, offices, warehouses, training and service centers at various locations worldwide that are classified as either operating or finance leases. Our leases have remaining lease terms up to 26 years, which include options to extend the lease term for periods up to 20 years when it is reasonably certain the option will be exercised.
Operating lease cost totaled $18 million and $19 million in the third quarter of 2025 and 2024, respectively, and $54 million and $55 million in the first nine months of 2025 and 2024, respectively. Cash paid for operating leases approximated the lease cost and is classified in cash flows from operating activities. Noncash transactions related to operating leases totaled $77 million and $36 million in the first nine months of 2025 and 2024, respectively, reflecting new or modified leases and changes from the reassessment of lease options. In the first nine months of 2024, non-cash transactions also included the recognition of a $72 million asset and liability related to a new finance lease. Finance lease, variable and short-term lease costs were not significant.
Balance sheet and other information related to our leases is as follows:
(Dollars in millions)September 27,
2025		December 28,
2024
Operating leases:
Other assets$400$360
Other current liabilities5755
Other liabilities355316
Weighted-average remaining lease term (in years)9.710.0
Weighted-average discount rate4.97%4.84%
Finance leases:
Property, plant and equipment, less accumulated amortization
  of $13 million and $9 million, respectively
$95$95
Long-term debt, including current portion10097
Weighted-average remaining lease term (in years)6.25.9
Weighted-average discount rate6.63%6.72%
At September 27, 2025, maturities of our operating lease liabilities on an undiscounted basis totaled $19 million for the remainder of 2025, $73 million for 2026, $63 million for 2027, $58 million for 2028, $54 million for 2029 and $261 million thereafter.
Leases Leases
We primarily lease certain manufacturing plants, offices, warehouses, training and service centers at various locations worldwide that are classified as either operating or finance leases. Our leases have remaining lease terms up to 26 years, which include options to extend the lease term for periods up to 20 years when it is reasonably certain the option will be exercised.
Operating lease cost totaled $18 million and $19 million in the third quarter of 2025 and 2024, respectively, and $54 million and $55 million in the first nine months of 2025 and 2024, respectively. Cash paid for operating leases approximated the lease cost and is classified in cash flows from operating activities. Noncash transactions related to operating leases totaled $77 million and $36 million in the first nine months of 2025 and 2024, respectively, reflecting new or modified leases and changes from the reassessment of lease options. In the first nine months of 2024, non-cash transactions also included the recognition of a $72 million asset and liability related to a new finance lease. Finance lease, variable and short-term lease costs were not significant.
Balance sheet and other information related to our leases is as follows:
(Dollars in millions)September 27,
2025		December 28,
2024
Operating leases:
Other assets$400$360
Other current liabilities5755
Other liabilities355316
Weighted-average remaining lease term (in years)9.710.0
Weighted-average discount rate4.97%4.84%
Finance leases:
Property, plant and equipment, less accumulated amortization
  of $13 million and $9 million, respectively
$95$95
Long-term debt, including current portion10097
Weighted-average remaining lease term (in years)6.25.9
Weighted-average discount rate6.63%6.72%
At September 27, 2025, maturities of our operating lease liabilities on an undiscounted basis totaled $19 million for the remainder of 2025, $73 million for 2026, $63 million for 2027, $58 million for 2028, $54 million for 2029 and $261 million thereafter.
v3.25.3
Debt
 9 Months Ended
Sep. 27, 2025
Debt Disclosure [Abstract]  
Debt DebtUnder our shelf registration statement, on February 13, 2025, we issued $500 million of SEC-registered fixed-rate notes due in May 2035 with an annual interest rate of 5.50%. The net proceeds of the issuance totaled $495 million, after deducting underwriting discounts, commissions and offering expenses.
v3.25.3
Derivative Instruments and Fair Value Measurements
 9 Months Ended
Sep. 27, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments and Fair Value Measurements Derivative Instruments and Fair Value Measurements
We measure fair value at the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. We prioritize the assumptions that market participants would use in pricing the asset or liability into a three-tier fair value hierarchy. This fair value hierarchy gives the highest priority (Level 1) to quoted prices in active markets for identical assets or liabilities and the lowest priority (Level 3) to unobservable inputs in which little or no market data exist, requiring companies to develop their own assumptions. Observable inputs that do not meet the criteria of Level 1, which include quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets and liabilities in markets that are not active, are categorized as Level 2. Level 3 inputs are those that reflect our estimates about the assumptions market participants would use in pricing the asset or liability based on the best information available in the circumstances. Valuation techniques for assets and liabilities measured using Level 3 inputs may include methodologies such as the market approach, the income approach or the cost approach and may use unobservable inputs such as projections, estimates and management’s interpretation of current market data. These unobservable inputs are utilized only to the extent that observable inputs are not available or cost effective to obtain.
Assets and Liabilities Recorded at Fair Value on a Recurring Basis
We manufacture and sell our products in a number of countries throughout the world, and, therefore, we are exposed to movements in foreign currency exchange rates. We primarily utilize foreign currency exchange contracts with maturities of no more than three years to manage this volatility. These contracts qualify as cash flow hedges and are intended to offset the effect of exchange rate fluctuations on forecasted sales, inventory purchases and overhead expenses. Net gains and losses recognized in earnings and Accumulated other comprehensive loss on cash flow hedges, including gains and losses related to hedge ineffectiveness, were not significant in the periods presented.
Our foreign currency exchange contracts are measured at fair value using the market method valuation technique. The inputs to this technique utilize current foreign currency exchange forward market rates published by third-party leading financial news and data providers. These are observable data that represent the rates that the financial institution uses for contracts entered into at that date; however, they are not based on actual transactions, so they are classified as Level 2. At September 27, 2025 and December 28, 2024, we had foreign currency exchange contracts with notional amounts upon which the contracts were based of $542 million and $464 million, respectively. At September 27, 2025, the fair value amounts of our foreign currency exchange contracts were a $8 million asset and a $15 million liability. At December 28, 2024, the fair value amount of our foreign currency exchange contracts were a $5 million asset and a $19 million liability.
Our Finance group enters into interest rate swap agreements to mitigate certain exposures to fluctuations in interest rates. By using these contracts, we are able to convert floating-rate cash flows to fixed-rate cash flows. These agreements are designated as cash flow hedges. The fair value of our interest rate swap agreements is determined using values published by third-party leading financial news and data providers. These values are observable data that represent the value that financial institutions use for contracts entered into at that date, but are not based on actual transactions, so they are classified as Level 2. The fair value of our outstanding interest rate swap agreements was a $2 million and an $8 million asset at September 27, 2025 and December 28, 2024, respectively.
At September 27, 2025 and December 28, 2024, our Finance group had interest rate swap agreements related to our Floating Rate Junior Subordinated Notes for an aggregate notional amount of $264 million that effectively converts the variable-rate interest for these Notes to a weighted-average fixed rate of 5.16% and 5.20%, respectively. At September 27, 2025, these agreements have maturities ranging from August 2026 to August 2030. At December 28, 2024, we also had an interest rate swap agreement with a notional amount of $25 million that effectively converted variable-rate interest on a term loan to a fixed rate of 4.13% that matured in June 2025.
Assets and Liabilities Not Recorded at Fair Value
The carrying value and estimated fair value of our financial instruments that are not reflected in the financial statements at fair value are as follows:
September 27, 2025December 28, 2024
CarryingEstimatedCarryingEstimated
(In millions)ValueFair ValueValueFair Value
Manufacturing group
Debt, excluding leases$(3,310)$(3,249)$(3,164)$(2,989)
Finance group
Finance receivables, excluding leases497 533 439 454 
Debt(340)(314)(341)(311)
Fair value for the Manufacturing group debt is determined using market observable data for similar transactions (Level 2).  The fair value for the Finance group debt was determined primarily based on discounted cash flow analyses using observable market inputs from debt with similar duration, subordination and credit default expectations (Level 2). Fair value estimates for finance receivables were determined based on internally developed discounted cash flow models primarily utilizing significant unobservable inputs (Level 3), which include estimates of the rate of return, financing cost, capital structure and/or discount rate expectations of current market participants combined with estimated loan cash flows based on credit losses, payment rates and expectations of borrowers’ ability to make payments on a timely basis.
v3.25.3
Shareholders' Equity
 9 Months Ended
Sep. 27, 2025
Equity [Abstract]  
Shareholders' Equity Shareholders’ Equity
A reconciliation of Shareholders’ equity is presented below:
(In millions)Common
Stock		Capital
Surplus		Treasury
Stock		Retained
Earnings		Accumulated
Other
Comprehensive
Loss		Total
Shareholders'
Equity
Three months ended September 27, 2025
Beginning of period$23 $2,041 $(514)$6,052 $(169)$7,433 
Net income— — — 234 — 234 
Other comprehensive loss— — — — (4)(4)
Share-based compensation activity— 42 — — — 42 
Dividends declared— — — (4)— (4)
Purchases of common stock, including excise tax*— — (208)— — (208)
End of period$23 $2,083 $(722)$6,282 $(173)$7,493 
Three months ended September 28, 2024
Beginning of period$25 $2,050 $(844)$6,314 $(693)$6,852 
Net income— — — 223 — 223 
Other comprehensive income— — — — 61 61 
Share-based compensation activity— 36 — — — 36 
Dividends declared— — — (4)— (4)
Purchases of common stock, including excise tax*— — (217)— — (217)
End of period$25 $2,086 $(1,061)$6,533 $(632)$6,951 
Nine months ended September 27, 2025
Beginning of period$23 $1,960 $(82)$5,607 $(304)$7,204 
Net income— — — 686 — 686 
Other comprehensive income— — — — 131 131 
Share-based compensation activity— 123 — — — 123 
Dividends declared— — — (11)— (11)
Purchases of common stock, including excise tax*— — (640)— — (640)
End of period$23 $2,083 $(722)$6,282 $(173)$7,493 
Nine months ended September 28, 2024
Beginning of period$24 $1,910 $(165)$5,862 $(644)$6,987 
Net income— — — 683 — 683 
Other comprehensive income— — — — 12 12 
Share-based compensation activity1 176 — — — 177 
Dividends declared— — — (12)— (12)
Purchases of common stock, including excise tax*— — (896)— — (896)
End of period$25 $2,086 $(1,061)$6,533 $(632)$6,951 
*Includes amounts accrued for excise tax imposed on common share repurchases that totaled $2 million and $5 million for the third quarter and first nine months of 2025, respectively, and $2 million and $6 million for the third quarter and first nine months of 2024, respectively.
Dividends per share of common stock were $0.02 for both the third quarter of 2025 and 2024 and $0.06 for both the first nine months of 2025 and 2024.
Earnings Per Share
We calculate basic and diluted earnings per share (EPS) based on net income, which approximates income available to common shareholders for each period.  Basic EPS is calculated using the two-class method, which includes the weighted-average number of common shares outstanding during the period and restricted stock units to be paid in stock that are deemed participating securities as they provide nonforfeitable rights to dividends. Diluted EPS considers the dilutive effect of all potential future common stock, including stock options.  
The weighted-average shares outstanding for basic and diluted EPS are as follows:
Three Months EndedNine Months Ended
(In thousands)September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Basic weighted-average shares outstanding177,677 186,958 180,005 189,834 
Dilutive effect of stock options1,473 1,986 1,298 2,052 
Diluted weighted-average shares outstanding179,150 188,944 181,303 191,886 
In the third quarter and first nine months of 2025, stock options to purchase 2.0 million and 2.3 million shares of common stock, respectively, were excluded from the calculation of diluted weighted-average shares outstanding as their effect would have been anti-dilutive. Stock options to purchase 1.0 million shares of common stock were excluded from the calculation of diluted weighted-average shares outstanding for both the third quarter and first nine months of 2024 as their effect would have been anti-dilutive.
Accumulated Other Comprehensive Loss and Other Comprehensive Income (Loss)
The components of Accumulated other comprehensive loss are presented below:
(In millions)Pension and
Postretirement
Benefits
Adjustments		Foreign
Currency
Translation
Adjustments		Deferred
Gains (Losses)
on Hedge
Contracts		Accumulated
Other
Comprehensive
Loss
Balance at December 28, 2024$(179)$(120)$(5)$(304)
Other comprehensive income before reclassifications— 132 (2)130 
Reclassified from Accumulated other comprehensive loss— (2)3 1 
Balance at September 27, 2025$(179)$10 $(4)$(173)
Balance at December 30, 2023$(598)$(49)$3 $(644)
Other comprehensive income before reclassifications— 12 (3)9 
Reclassified from Accumulated other comprehensive loss2 — 1 3 
Balance at September 28, 2024$(596)$(37)$1 $(632)
The before and after-tax components of Other comprehensive income (loss) are presented below:
September 27, 2025September 28, 2024
(In millions)Pre-Tax
Amount		Tax
(Expense)
Benefit		After-tax
Amount		Pre-Tax
Amount		Tax
(Expense)
Benefit		After-tax
Amount
Three Months Ended
Pension and postretirement benefits adjustments:
Amortization of net actuarial gain*$(2)$— $(2)$(1)$1 $— 
Amortization of prior service cost*2 — 2 1 (1)— 
Pension and postretirement benefits adjustments, net— — — — — — 
Foreign currency translation adjustments(1)— (1)59 — 59 
Deferred gains (losses) on hedge contracts:
Current deferrals(7)2 (5)3 (2)1 
Reclassification adjustments2 — 2 4 (3)1 
Deferred gains (losses) on hedge contracts, net(5)2 (3)7 (5)2 
Total$(6)$2 $(4)$66 $(5)$61 
Nine Months Ended
Pension and postretirement benefits adjustments:
Amortization of net actuarial gain*$(6)$1 $(5)$(3)$1 $(2)
Amortization of prior service cost*6 (1)5 5 (1)4 
Pension and postretirement benefits adjustments, net— — — 2 — 2 
Foreign currency translation adjustments:
Foreign currency translation adjustments132 — 132 12 — 12 
Business disposition(2)— (2)— — — 
Foreign currency translation adjustments, net130 — 130 12 — 12 
Deferred gains (losses) on hedge contracts:
Current deferrals(2)— (2)(3)— (3)
Reclassification adjustments4 (1)3 2 (1)1 
Deferred gains (losses) on hedge contracts, net2 (1)1 (1)(1)(2)
Total$132 $(1)$131 $13 $(1)$12 
*These components of other comprehensive income (loss) are included in the computation of net periodic pension cost (income). See Note 14 of our 2024 Annual Report on Form 10-K for additional information.
v3.25.3
Segment Financial Information
 9 Months Ended
Sep. 27, 2025
Segment Reporting [Abstract]  
Segment Financial Information Segment Financial Information
We operate in, and report financial information for, the following six operating segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation and Finance. Segment profit for the manufacturing segments excludes the non-service components of pension and postretirement income, net; LIFO inventory provision; intangible asset amortization; interest expense, net for Manufacturing group; certain corporate expenses; gains/losses on major business dispositions; and special charges. The measurement for the Finance segment includes interest income and expense along with intercompany interest income and expense.
Our revenues and expenses by segment are provided below:
(In millions)Textron AviationBellTextron SystemsIndustrialTextron eAviationFinanceTotal
Three months ended September 27, 2025
Revenues$1,477 $1,026 $307 $761 $5 $26 $3,602 
Costs and expenses:
Cost of sales1,149 846 235 655 7 — 2,892 
Research and development costs52 33 10 15 8 — 118 
Selling and administrative expense97 55 10 60 5 4 231 
Interest expense, net— — — — — 4 4 
Segment profit (loss)$179 $92 $52 $31 $(15)$18 $357 
Three months ended September 28, 2024
Revenues$1,339 $929 $301 $840 $6 $12 $3,427 
Costs and expenses:
Cost of sales1,050 747 226 723 5 — 2,751 
Research and development costs54 32 10 16 14 — 126 
Selling and administrative expense107 52 26 69 5 3 262 
Interest expense, net— — — — — 4 4 
Segment profit (loss)$128 $98 $39 $32 $(18)$5 $284 
Nine months ended September 27, 2025
Revenues$4,206 $3,025 $924 $2,392 $20 $57 $10,624 
Costs and expenses:
Cost of sales3,249 2,490 698 2,031 20 — 8,488 
Research and development costs162 110 33 49 33 — 387 
Selling and administrative expense309 163 61 197 15 8 753 
Interest expense, net— — — — — 13 13 
Segment profit (loss)$486 $262 $132 $115 $(48)$36 $983 
Nine months ended September 28, 2024
Revenues$4,002 $2,450 $930 $2,646 $22 $39 $10,089 
Costs and expenses:
Cost of sales3,060 1,961 694 2,256 20 — 7,991 
Research and development costs157 78 43 54 43 — 375 
Selling and administrative expense319 151 81 233 13 (5)792 
Interest expense, net— — — — — 14 14 
Segment profit (loss)$466 $260 $112 $103 $(54)$30 $917 
A reconciliation of segment profit to income from continuing operations before income taxes is presented below:
Three Months EndedNine Months Ended
(In millions)September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Segment profit$357 $284 $983 $917 
Unallocated amounts:
Corporate expenses and other, net(26)(20)(105)(99)
Interest expense, net for Manufacturing group(26)(22)(77)(57)
LIFO inventory provision(48)(49)(115)(96)
Intangible asset amortization(8)(9)(24)(26)
Special charges— 2 (4)(25)
Non-service components of pension and postretirement income, net67 66 200 198 
Income from continuing operations before income taxes$316 $252 $858 $812 
Other information by segment is provided below:
Capital ExpendituresDepreciation and Amortization
Three Months EndedNine Months EndedThree Months EndedNine Months Ended
(In millions)September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Textron Aviation$30 $30 $92 $91 $41 $47 $118 $120 
Bell26 18 59 55 23 22 73 61 
Textron Systems7 7 20 22 12 12 36 35 
Industrial12 15 37 40 17 17 51 52 
Textron eAviation— 1 1 3 2 2 6 6 
Corporate1 — 1 — 2 1 5 5 
Total$76 $71 $210 $211 $97 $101 $289 $279 
Our assets by segment are summarized below:
(In millions)September 27,
2025		December 28,
2024
Textron Aviation$4,973 $4,624 
Bell3,216 2,992 
Textron Systems2,088 2,036 
Industrial2,383 2,378 
Textron eAviation316 286 
Finance688 680 
Corporate3,717 3,842 
Total assets$17,381 $16,838 
v3.25.3
Revenues
 9 Months Ended
Sep. 27, 2025
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregation of Revenues
Our revenues disaggregated by major product type are presented below:
Three Months EndedNine Months Ended
(In millions)September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Aircraft$985 $869 $2,724 $2,576 
Aftermarket parts and services492 470 1,482 1,426 
Textron Aviation$1,477 $1,339 $4,206 $4,002 
Military aircraft and support programs681 553 1,963 1,532 
Commercial helicopters, parts and services345 376 1,062 918 
Bell$1,026 $929 $3,025 $2,450 
Textron Systems$307 $301 $924 $930 
Fuel systems and functional components470 452 1,403 1,432 
Specialized vehicles291 388 989 1,214 
Industrial$761 $840 $2,392 $2,646 
Textron eAviation$5 $6 $20 $22 
Finance$26 $12 $57 $39 
Total revenues$3,602 $3,427 $10,624 $10,089 
Our revenues for our segments by customer type and geographic location are presented below:
(In millions)Textron
Aviation		BellTextron
Systems		IndustrialTextron eAviationFinanceTotal
Three months ended September 27, 2025
Customer type:
Commercial$1,375 $338 $77 $756 $5 $26 $2,577 
U.S. Government102 688 230 5 — — 1,025 
Total revenues$1,477 $1,026 $307 $761 $5 $26 $3,602 
Geographic location:
United States$1,037 $822 $283 $387 $3 $8 $2,540 
Europe115 16 9 149 1 — 290 
Other international325 188 15 225 1 18 772 
Total revenues$1,477 $1,026 $307 $761 $5 $26 $3,602 
Three months ended September 28, 2024
Customer type:
Commercial$1,259 $356 $67 $834 $6 $12 $2,534 
U.S. Government80 573 234 6 — — 893 
Total revenues$1,339 $929 $301 $840 $6 $12 $3,427 
Geographic location:
United States$1,002 $693 $273 $452 $5 $5 $2,430 
Europe99 23 10 144 1 — 277 
Other international238 213 18 244 — 7 720 
Total revenues$1,339 $929 $301 $840 $6 $12 $3,427 
Nine months ended September 27, 2025
Customer type:
Commercial$3,949 $1,060 $223 $2,370 $20 $57 $7,679 
U.S. Government257 1,965 701 22 — — 2,945 
Total revenues$4,206 $3,025 $924 $2,392 $20 $57 $10,624 
Geographic location:
United States$3,028 $2,324 $845 $1,249 $10 $17 $7,473 
Europe354 84 31 479 6 1 955 
Other international824 617 48 664 4 39 2,196 
Total revenues$4,206 $3,025 $924 $2,392 $20 $57 $10,624 
Nine months ended September 28, 2024
Customer type:
Commercial$3,757 $883 $218 $2,626 $22 $39 $7,545 
U.S. Government245 1,567 712 20 — — 2,544 
Total revenues$4,002 $2,450 $930 $2,646 $22 $39 $10,089 
Geographic location:
United States$3,099 $1,891 $830 $1,409 $14 $13 $7,256 
Europe252 60 35 525 6 5 883 
Other international651 499 65 712 2 21 1,950 
Total revenues$4,002 $2,450 $930 $2,646 $22 $39 $10,089 
Remaining Performance Obligations
Our remaining performance obligations, which is the equivalent of our backlog, represent the expected transaction price allocated to our contracts that we expect to recognize as revenues in future periods when we perform under the contracts.  These remaining obligations exclude unexercised contract options and potential orders under ordering-type contracts such as Indefinite Delivery, Indefinite Quantity contracts. At September 27, 2025, we had $19.1 billion in remaining performance obligations of which we expect to recognize revenues of approximately 61% through 2026, an additional 34% through 2028, and the balance thereafter.  
Contract Assets and Liabilities
Assets and liabilities related to our contracts with customers are reported on a contract-by-contract basis at the end of each reporting period. At September 27, 2025 and December 28, 2024, contract assets totaled $376 million and $345 million, respectively, and contract liabilities totaled $2.0 billion and $1.9 billion, respectively, reflecting timing differences between revenues recognized, billings and payments from customers. We recognized revenues of $968 million and $912 million in the first nine months of 2025 and 2024, respectively, that were included in the contract liability balance at the beginning of each year.
v3.25.3
Retirement Plans
 9 Months Ended
Sep. 27, 2025
Retirement Benefits [Abstract]  
Retirement Plans Retirement Plans
We provide defined benefit pension plans and other postretirement benefits to eligible employees.  The components of net periodic benefit income for these plans are as follows:
Three Months EndedNine Months Ended
(In millions)September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Pension Benefits
Service cost$16 $18 $47 $52 
Interest cost94 91 282 272 
Expected return on plan assets(162)(159)(486)(477)
Amortization of net actuarial loss— 1 — 3 
Amortization of prior service cost2 1 7 6 
Net periodic benefit income*$(50)$(48)$(150)$(144)
Postretirement Benefits Other Than Pensions
Service cost$— $— $1 $1 
Interest cost1 2 4 5 
Amortization of net actuarial gain(2)(2)(6)(6)
Amortization of prior service credit— — (1)(1)
Net periodic benefit income$(1)$— $(2)$(1)
* Excludes the cost associated with the defined contribution component, included in certain of our U.S.-based defined benefit pension plans, that totaled $2 million and $7 million for the third quarter and first nine months of 2025, respectively, and $2 million and $8 million for the third quarter and first nine months of 2024, respectively.
v3.25.3
Special Charges
 9 Months Ended
Sep. 27, 2025
Restructuring and Related Activities [Abstract]  
Special Charges Special Charges
In connection with the termination of certain U.S. Government development programs, we initiated restructuring actions in the second quarter of 2025 to reduce operating expenses through headcount reductions and other actions at the Textron Systems segment. As a result, we recorded special charges of $8 million in the second quarter of 2025, which included severance costs of $5 million and contract termination costs of $3 million. Headcount reductions totaled approximately 85 positions, representing less than 1% of our global workforce. The restructuring actions were substantially completed in the third quarter of 2025.
In the second quarter of 2025, we completed the previously announced strategic review of the Powersports product line and on April 23, 2025, we closed on the sale of the Powersports business, including the Arctic Cat brand and its operations. Net cash proceeds from the sale were $16 million and we recorded a pre-tax gain of $4 million, which is included in special charges.
In the third quarter and first nine months of 2024, special charges included a reversal of $2 million and charges of $25 million, respectively, related to a 2023 restructuring plan.
Our restructuring reserve activity, which includes the restructuring actions discussed above and the 2023 plan, is summarized below:
(In millions)Severance
Costs		Contract
Terminations
and Other		Total
Balance at December 28, 2024$37 $34 $71 
Provision5 3 8 
Cash paid(18)(17)(35)
Business disposition(7)(15)(22)
Foreign currency translation3 — 3 
Balance at September 27, 2025$20 $5 $25 
The majority of the remaining cash outlays of $25 million are expected to be paid in the fourth quarter of 2025.
v3.25.3
Income Taxes
 9 Months Ended
Sep. 27, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
Our effective tax rate was 25.6% and 11.5% for the third quarter of 2025 and 2024, respectively, and 19.9% and 15.8% for the first nine months of 2025 and 2024, respectively.
On July 4, 2025, the One Big Beautiful Bill Act (the Act) was enacted and changed certain sections of U.S. income tax law. Among other things, the Act makes permanent: 1) the option to deduct domestic research and development expenditures immediately in the year incurred, 2) the deduction of the full cost of eligible assets in the year placed in service, and 3) the EBITDA-based business interest expense limitation as well as modifications to the international tax framework.
In the third quarter of 2025, our effective tax rate was higher than the U.S. federal statutory rate of 21%, largely reflecting the impact of certain provisions of the Act, primarily those that affected tax deductions for foreign-derived intangible income and research and development credits. In the first nine months of 2025, our effective tax rate was lower than the U.S. federal statutory rate, primarily due to the favorable impact of research and development credits.
In the third quarter of 2024, the effective tax rate was lower than the U.S. federal statutory rate, largely due to the favorable impact of research and development credits and foreign tax credits. Our effective tax rate for the first nine months of 2024 was lower than the U.S. federal statutory rate largely due to the favorable impact of research and development credits and tax deductions for foreign-derived intangible income.
v3.25.3
Commitments and Contingencies
 9 Months Ended
Sep. 27, 2025
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
We are subject to actual and threatened legal proceedings and other claims arising out of the conduct of our business, including proceedings and claims relating to commercial and financial transactions; government contracts; alleged lack of compliance with applicable laws and regulations; disputes with suppliers, production partners or other third parties; product liability; patent and trademark infringement; employment disputes; and environmental, health and safety matters. Some of these legal proceedings and claims seek damages, fines or penalties in substantial amounts or remediation of environmental contamination. As a government contractor, we are subject to audits, reviews and investigations to determine whether our operations are being conducted in accordance with applicable regulatory requirements. Under federal government procurement regulations, certain claims brought by the U.S. Government could result in our suspension or debarment from U.S. Government contracting for a period of time. On the basis of information presently available, we do not believe that existing proceedings and claims will have a material effect on our financial position or results of operations.
v3.25.3
Insider Trading Arrangements
 3 Months Ended
Sep. 27, 2025
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.25.3
Basis of Presentation (Policies)
 9 Months Ended
Sep. 27, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Use of Estimates
Use of Estimates
We prepare our financial statements in conformity with generally accepted accounting principles, which require us to make estimates and assumptions that affect the amounts reported in the financial statements. Actual results could differ from those estimates. Our estimates and assumptions are reviewed periodically, and the effects of changes, if any, are reflected in the Consolidated Statements of Operations in the period that they are determined.
v3.25.3
Accounts Receivable and Finance Receivables (Tables)
 9 Months Ended
Sep. 27, 2025
Receivables [Abstract]  
Accounts Receivable
Accounts receivable is composed of the following:
(In millions)September 27,
2025		December 28,
2024
Commercial$764 $738 
U.S. Government contracts310 230 
1,074 968 
Allowance for credit losses(17)(19)
Total accounts receivable, net$1,057 $949 
Finance Receivables
Finance receivables are presented in the following table:
(In millions)September 27,
2025		December 28,
2024
Finance receivables$616 $622 
Allowance for credit losses(20)(19)
Total finance receivables, net$596 $603 
Finance Receivables Categorized Based On Credit Quality Indicators
Finance receivables categorized based on the credit quality indicators and by the delinquency aging category are summarized as follows:
(Dollars in millions)September 27,
2025		December 28,
2024
Performing$581$612
Watchlist33—
Nonaccrual210
Nonaccrual as a percentage of finance receivables0.32%1.61%
Current and less than 31 days past due$608$609
31-60 days past due813
60+ days contractual delinquency as a percentage of finance receivables—%—%
Finance Receivables By Delinquency Aging Category
Finance receivables categorized based on the credit quality indicators and by the delinquency aging category are summarized as follows:
(Dollars in millions)September 27,
2025		December 28,
2024
Performing$581$612
Watchlist33—
Nonaccrual210
Nonaccrual as a percentage of finance receivables0.32%1.61%
Current and less than 31 days past due$608$609
31-60 days past due813
60+ days contractual delinquency as a percentage of finance receivables—%—%
v3.25.3
Inventories (Tables)
 9 Months Ended
Sep. 27, 2025
Inventory Disclosure [Abstract]  
Inventories
Inventories are composed of the following:
(In millions)September 27,
2025		December 28,
2024
Finished goods$1,194 $1,138 
Work in process2,172 1,769 
Raw materials and components1,098 1,164 
Total inventories$4,464 $4,071 
v3.25.3
Accounts Payable and Warranty Liability (Tables)
 9 Months Ended
Sep. 27, 2025
Payables and Accruals [Abstract]  
Changes in Warranty Liability
Changes in our current and non-current warranty liability are as follows:
Nine Months Ended
(In millions)September 27,
2025		September 28,
2024
Beginning of period$173 $172 
Provision56 57 
Changes to estimates33 (2)
Settlements(69)(55)
Other*(12)(2)
End of period$181 $170 
* Other includes business dispositions and currency translation adjustments.
v3.25.3
Leases (Tables)
 9 Months Ended
Sep. 27, 2025
Leases [Abstract]  
Schedule of Balance Sheet and Other Information
Balance sheet and other information related to our leases is as follows:
(Dollars in millions)September 27,
2025		December 28,
2024
Operating leases:
Other assets$400$360
Other current liabilities5755
Other liabilities355316
Weighted-average remaining lease term (in years)9.710.0
Weighted-average discount rate4.97%4.84%
Finance leases:
Property, plant and equipment, less accumulated amortization
  of $13 million and $9 million, respectively
$95$95
Long-term debt, including current portion10097
Weighted-average remaining lease term (in years)6.25.9
Weighted-average discount rate6.63%6.72%
v3.25.3
Derivative Instruments and Fair Value Measurements (Tables)
 9 Months Ended
Sep. 27, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Carrying Value and Estimated and Fair Value of Financial Instruments
The carrying value and estimated fair value of our financial instruments that are not reflected in the financial statements at fair value are as follows:
September 27, 2025December 28, 2024
CarryingEstimatedCarryingEstimated
(In millions)ValueFair ValueValueFair Value
Manufacturing group
Debt, excluding leases$(3,310)$(3,249)$(3,164)$(2,989)
Finance group
Finance receivables, excluding leases497 533 439 454 
Debt(340)(314)(341)(311)
v3.25.3
Shareholders' Equity (Tables)
 9 Months Ended
Sep. 27, 2025
Equity [Abstract]  
Schedule of Shareholder's Equity
A reconciliation of Shareholders’ equity is presented below:
(In millions)Common
Stock		Capital
Surplus		Treasury
Stock		Retained
Earnings		Accumulated
Other
Comprehensive
Loss		Total
Shareholders'
Equity
Three months ended September 27, 2025
Beginning of period$23 $2,041 $(514)$6,052 $(169)$7,433 
Net income— — — 234 — 234 
Other comprehensive loss— — — — (4)(4)
Share-based compensation activity— 42 — — — 42 
Dividends declared— — — (4)— (4)
Purchases of common stock, including excise tax*— — (208)— — (208)
End of period$23 $2,083 $(722)$6,282 $(173)$7,493 
Three months ended September 28, 2024
Beginning of period$25 $2,050 $(844)$6,314 $(693)$6,852 
Net income— — — 223 — 223 
Other comprehensive income— — — — 61 61 
Share-based compensation activity— 36 — — — 36 
Dividends declared— — — (4)— (4)
Purchases of common stock, including excise tax*— — (217)— — (217)
End of period$25 $2,086 $(1,061)$6,533 $(632)$6,951 
Nine months ended September 27, 2025
Beginning of period$23 $1,960 $(82)$5,607 $(304)$7,204 
Net income— — — 686 — 686 
Other comprehensive income— — — — 131 131 
Share-based compensation activity— 123 — — — 123 
Dividends declared— — — (11)— (11)
Purchases of common stock, including excise tax*— — (640)— — (640)
End of period$23 $2,083 $(722)$6,282 $(173)$7,493 
Nine months ended September 28, 2024
Beginning of period$24 $1,910 $(165)$5,862 $(644)$6,987 
Net income— — — 683 — 683 
Other comprehensive income— — — — 12 12 
Share-based compensation activity1 176 — — — 177 
Dividends declared— — — (12)— (12)
Purchases of common stock, including excise tax*— — (896)— — (896)
End of period$25 $2,086 $(1,061)$6,533 $(632)$6,951 
*Includes amounts accrued for excise tax imposed on common share repurchases that totaled $2 million and $5 million for the third quarter and first nine months of 2025, respectively, and $2 million and $6 million for the third quarter and first nine months of 2024, respectively.
Schedule of Weighted-Average Shares Outstanding for Basic and Diluted EPS
The weighted-average shares outstanding for basic and diluted EPS are as follows:
Three Months EndedNine Months Ended
(In thousands)September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Basic weighted-average shares outstanding177,677 186,958 180,005 189,834 
Dilutive effect of stock options1,473 1,986 1,298 2,052 
Diluted weighted-average shares outstanding179,150 188,944 181,303 191,886 
Schedule of Components of Accumulated Other Comprehensive Income (Loss)
The components of Accumulated other comprehensive loss are presented below:
(In millions)Pension and
Postretirement
Benefits
Adjustments		Foreign
Currency
Translation
Adjustments		Deferred
Gains (Losses)
on Hedge
Contracts		Accumulated
Other
Comprehensive
Loss
Balance at December 28, 2024$(179)$(120)$(5)$(304)
Other comprehensive income before reclassifications— 132 (2)130 
Reclassified from Accumulated other comprehensive loss— (2)3 1 
Balance at September 27, 2025$(179)$10 $(4)$(173)
Balance at December 30, 2023$(598)$(49)$3 $(644)
Other comprehensive income before reclassifications— 12 (3)9 
Reclassified from Accumulated other comprehensive loss2 — 1 3 
Balance at September 28, 2024$(596)$(37)$1 $(632)
Schedule of Before and After-Tax Components of Other Comprehensive Income (Loss)
The before and after-tax components of Other comprehensive income (loss) are presented below:
September 27, 2025September 28, 2024
(In millions)Pre-Tax
Amount		Tax
(Expense)
Benefit		After-tax
Amount		Pre-Tax
Amount		Tax
(Expense)
Benefit		After-tax
Amount
Three Months Ended
Pension and postretirement benefits adjustments:
Amortization of net actuarial gain*$(2)$— $(2)$(1)$1 $— 
Amortization of prior service cost*2 — 2 1 (1)— 
Pension and postretirement benefits adjustments, net— — — — — — 
Foreign currency translation adjustments(1)— (1)59 — 59 
Deferred gains (losses) on hedge contracts:
Current deferrals(7)2 (5)3 (2)1 
Reclassification adjustments2 — 2 4 (3)1 
Deferred gains (losses) on hedge contracts, net(5)2 (3)7 (5)2 
Total$(6)$2 $(4)$66 $(5)$61 
Nine Months Ended
Pension and postretirement benefits adjustments:
Amortization of net actuarial gain*$(6)$1 $(5)$(3)$1 $(2)
Amortization of prior service cost*6 (1)5 5 (1)4 
Pension and postretirement benefits adjustments, net— — — 2 — 2 
Foreign currency translation adjustments:
Foreign currency translation adjustments132 — 132 12 — 12 
Business disposition(2)— (2)— — — 
Foreign currency translation adjustments, net130 — 130 12 — 12 
Deferred gains (losses) on hedge contracts:
Current deferrals(2)— (2)(3)— (3)
Reclassification adjustments4 (1)3 2 (1)1 
Deferred gains (losses) on hedge contracts, net2 (1)1 (1)(1)(2)
Total$132 $(1)$131 $13 $(1)$12 
*These components of other comprehensive income (loss) are included in the computation of net periodic pension cost (income). See Note 14 of our 2024 Annual Report on Form 10-K for additional information.
v3.25.3
Segment Financial Information (Tables)
 9 Months Ended
Sep. 27, 2025
Segment Reporting [Abstract]  
Reconciliation of Revenues by Segment
Our revenues and expenses by segment are provided below:
(In millions)Textron AviationBellTextron SystemsIndustrialTextron eAviationFinanceTotal
Three months ended September 27, 2025
Revenues$1,477 $1,026 $307 $761 $5 $26 $3,602 
Costs and expenses:
Cost of sales1,149 846 235 655 7 — 2,892 
Research and development costs52 33 10 15 8 — 118 
Selling and administrative expense97 55 10 60 5 4 231 
Interest expense, net— — — — — 4 4 
Segment profit (loss)$179 $92 $52 $31 $(15)$18 $357 
Three months ended September 28, 2024
Revenues$1,339 $929 $301 $840 $6 $12 $3,427 
Costs and expenses:
Cost of sales1,050 747 226 723 5 — 2,751 
Research and development costs54 32 10 16 14 — 126 
Selling and administrative expense107 52 26 69 5 3 262 
Interest expense, net— — — — — 4 4 
Segment profit (loss)$128 $98 $39 $32 $(18)$5 $284 
Nine months ended September 27, 2025
Revenues$4,206 $3,025 $924 $2,392 $20 $57 $10,624 
Costs and expenses:
Cost of sales3,249 2,490 698 2,031 20 — 8,488 
Research and development costs162 110 33 49 33 — 387 
Selling and administrative expense309 163 61 197 15 8 753 
Interest expense, net— — — — — 13 13 
Segment profit (loss)$486 $262 $132 $115 $(48)$36 $983 
Nine months ended September 28, 2024
Revenues$4,002 $2,450 $930 $2,646 $22 $39 $10,089 
Costs and expenses:
Cost of sales3,060 1,961 694 2,256 20 — 7,991 
Research and development costs157 78 43 54 43 — 375 
Selling and administrative expense319 151 81 233 13 (5)792 
Interest expense, net— — — — — 14 14 
Segment profit (loss)$466 $260 $112 $103 $(54)$30 $917 
Reconciliation of Segment Profit to Income From Continuing Operations Before Income Taxes
A reconciliation of segment profit to income from continuing operations before income taxes is presented below:
Three Months EndedNine Months Ended
(In millions)September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Segment profit$357 $284 $983 $917 
Unallocated amounts:
Corporate expenses and other, net(26)(20)(105)(99)
Interest expense, net for Manufacturing group(26)(22)(77)(57)
LIFO inventory provision(48)(49)(115)(96)
Intangible asset amortization(8)(9)(24)(26)
Special charges— 2 (4)(25)
Non-service components of pension and postretirement income, net67 66 200 198 
Income from continuing operations before income taxes$316 $252 $858 $812 
Other Information by Segment
Other information by segment is provided below:
Capital ExpendituresDepreciation and Amortization
Three Months EndedNine Months EndedThree Months EndedNine Months Ended
(In millions)September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Textron Aviation$30 $30 $92 $91 $41 $47 $118 $120 
Bell26 18 59 55 23 22 73 61 
Textron Systems7 7 20 22 12 12 36 35 
Industrial12 15 37 40 17 17 51 52 
Textron eAviation— 1 1 3 2 2 6 6 
Corporate1 — 1 — 2 1 5 5 
Total$76 $71 $210 $211 $97 $101 $289 $279 
Our assets by segment are summarized below:
(In millions)September 27,
2025		December 28,
2024
Textron Aviation$4,973 $4,624 
Bell3,216 2,992 
Textron Systems2,088 2,036 
Industrial2,383 2,378 
Textron eAviation316 286 
Finance688 680 
Corporate3,717 3,842 
Total assets$17,381 $16,838 
v3.25.3
Revenues (Tables)
 9 Months Ended
Sep. 27, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Our revenues disaggregated by major product type are presented below:
Three Months EndedNine Months Ended
(In millions)September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Aircraft$985 $869 $2,724 $2,576 
Aftermarket parts and services492 470 1,482 1,426 
Textron Aviation$1,477 $1,339 $4,206 $4,002 
Military aircraft and support programs681 553 1,963 1,532 
Commercial helicopters, parts and services345 376 1,062 918 
Bell$1,026 $929 $3,025 $2,450 
Textron Systems$307 $301 $924 $930 
Fuel systems and functional components470 452 1,403 1,432 
Specialized vehicles291 388 989 1,214 
Industrial$761 $840 $2,392 $2,646 
Textron eAviation$5 $6 $20 $22 
Finance$26 $12 $57 $39 
Total revenues$3,602 $3,427 $10,624 $10,089 
Our revenues for our segments by customer type and geographic location are presented below:
(In millions)Textron
Aviation		BellTextron
Systems		IndustrialTextron eAviationFinanceTotal
Three months ended September 27, 2025
Customer type:
Commercial$1,375 $338 $77 $756 $5 $26 $2,577 
U.S. Government102 688 230 5 — — 1,025 
Total revenues$1,477 $1,026 $307 $761 $5 $26 $3,602 
Geographic location:
United States$1,037 $822 $283 $387 $3 $8 $2,540 
Europe115 16 9 149 1 — 290 
Other international325 188 15 225 1 18 772 
Total revenues$1,477 $1,026 $307 $761 $5 $26 $3,602 
Three months ended September 28, 2024
Customer type:
Commercial$1,259 $356 $67 $834 $6 $12 $2,534 
U.S. Government80 573 234 6 — — 893 
Total revenues$1,339 $929 $301 $840 $6 $12 $3,427 
Geographic location:
United States$1,002 $693 $273 $452 $5 $5 $2,430 
Europe99 23 10 144 1 — 277 
Other international238 213 18 244 — 7 720 
Total revenues$1,339 $929 $301 $840 $6 $12 $3,427 
Nine months ended September 27, 2025
Customer type:
Commercial$3,949 $1,060 $223 $2,370 $20 $57 $7,679 
U.S. Government257 1,965 701 22 — — 2,945 
Total revenues$4,206 $3,025 $924 $2,392 $20 $57 $10,624 
Geographic location:
United States$3,028 $2,324 $845 $1,249 $10 $17 $7,473 
Europe354 84 31 479 6 1 955 
Other international824 617 48 664 4 39 2,196 
Total revenues$4,206 $3,025 $924 $2,392 $20 $57 $10,624 
Nine months ended September 28, 2024
Customer type:
Commercial$3,757 $883 $218 $2,626 $22 $39 $7,545 
U.S. Government245 1,567 712 20 — — 2,544 
Total revenues$4,002 $2,450 $930 $2,646 $22 $39 $10,089 
Geographic location:
United States$3,099 $1,891 $830 $1,409 $14 $13 $7,256 
Europe252 60 35 525 6 5 883 
Other international651 499 65 712 2 21 1,950 
Total revenues$4,002 $2,450 $930 $2,646 $22 $39 $10,089 
v3.25.3
Retirement Plans (Tables)
 9 Months Ended
Sep. 27, 2025
Retirement Benefits [Abstract]  
Schedule of Components of Net Periodic Benefit Income The components of net periodic benefit income for these plans are as follows:
Three Months EndedNine Months Ended
(In millions)September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Pension Benefits
Service cost$16 $18 $47 $52 
Interest cost94 91 282 272 
Expected return on plan assets(162)(159)(486)(477)
Amortization of net actuarial loss— 1 — 3 
Amortization of prior service cost2 1 7 6 
Net periodic benefit income*$(50)$(48)$(150)$(144)
Postretirement Benefits Other Than Pensions
Service cost$— $— $1 $1 
Interest cost1 2 4 5 
Amortization of net actuarial gain(2)(2)(6)(6)
Amortization of prior service credit— — (1)(1)
Net periodic benefit income$(1)$— $(2)$(1)
* Excludes the cost associated with the defined contribution component, included in certain of our U.S.-based defined benefit pension plans, that totaled $2 million and $7 million for the third quarter and first nine months of 2025, respectively, and $2 million and $8 million for the third quarter and first nine months of 2024, respectively.
v3.25.3
Special Charges (Tables)
 9 Months Ended
Sep. 27, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Reserve Activity
Our restructuring reserve activity, which includes the restructuring actions discussed above and the 2023 plan, is summarized below:
(In millions)Severance
Costs		Contract
Terminations
and Other		Total
Balance at December 28, 2024$37 $34 $71 
Provision5 3 8 
Cash paid(18)(17)(35)
Business disposition(7)(15)(22)
Foreign currency translation3 — 3 
Balance at September 27, 2025$20 $5 $25 
v3.25.3
Basis of Presentation (Details)
$ / shares in Units, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
USD ($)
$ / shares
Sep. 28, 2024
USD ($)
$ / shares
Sep. 27, 2025
USD ($)
borrowing_group
$ / shares
Sep. 28, 2024
USD ($)
$ / shares
Change in Accounting Estimate [Line Items]        
Number of borrowing groups | borrowing_group     2  
Cumulative catch-up method        
Change in Accounting Estimate [Line Items]        
Cumulative catch up adjustments, increase in segment profit $ 18 $ 10 $ 43 $ 41
Change in accounting estimate financial effect, increase in net income $ 14 $ 7 $ 33 $ 31
Change in accounting estimate financial effect increase in earnings per diluted share (in dollars per share) | $ / shares $ 0.08 $ 0.04 $ 0.18 $ 0.16
v3.25.3
Accounts Receivable and Finance Receivables - Accounts Receivable (Details) - Manufacturing group - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 28, 2024
Accounts Receivable    
Accounts receivable, gross $ 1,074 $ 968
Allowance for credit losses (17) (19)
Total accounts receivable, net 1,057 949
Commercial    
Accounts Receivable    
Accounts receivable, gross 764 738
U.S. Government    
Accounts Receivable    
Accounts receivable, gross $ 310 $ 230
v3.25.3
Accounts Receivable and Finance Receivables - Finance Receivables (Details) - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 28, 2024
Finance Receivables    
Finance receivables $ 616 $ 622
Allowance for credit losses (20) (19)
Total finance receivables, net $ 596 $ 603
v3.25.3
Accounts Receivable and Finance Receivables - Finance Receivable Portfolio Quality (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 27, 2025
Dec. 28, 2024
Finance Receivable Portfolio Quality    
Finance receivables $ 616 $ 622
60+ days contractual delinquency as a percentage of finance receivables 0.00% 0.00%
Current and less than 31 days past due    
Finance Receivable Portfolio Quality    
Finance receivables $ 608 $ 609
31-60 days past due    
Finance Receivable Portfolio Quality    
Finance receivables $ 8 $ 13
Performing    
Finance Receivable Portfolio Quality    
Financing percentage receivable originating since the beginning of 2023 54.00%  
Financing receivable percentage originating from 2020 to 2022 24.00%  
Nonperforming    
Finance Receivable Portfolio Quality    
Nonaccrual as a percentage of finance receivables 0.32% 1.61%
Nonperforming | Watchlist    
Finance Receivable Portfolio Quality    
Finance receivables $ 33 $ 0
Financing receivable percentage originating from 2023 to 2024 100.00%  
Nonperforming | Nonaccrual    
Finance Receivable Portfolio Quality    
Finance receivables $ 2 10
Financing receivable percentage originating prior to 2021 100.00%  
Nonperforming | Minimum    
Finance Receivable Portfolio Quality    
Number of months of contractual delinquency to classify accounts as nonaccrual unless such collection is not doubtful 3 months  
Performing    
Finance Receivable Portfolio Quality    
Finance receivables $ 581 $ 612
v3.25.3
Inventories (Details) - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 28, 2024
Inventories    
Finished goods $ 1,194 $ 1,138
Work in process 2,172 1,769
Raw materials and components 1,098 1,164
Total inventories $ 4,464 $ 4,071
v3.25.3
Accounts Payable and Warranty Liability - Narrative (Details) - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 28, 2024
Supplier Finance Program [Line Items]    
Supplier financing maximum commitment $ 200  
Payable under supplier financing arrangement $ 111 $ 50
Maximum    
Supplier Finance Program [Line Items]    
Payment terms period under supplier financing arrangement 190 days  
v3.25.3
Accounts Payable and Warranty Liability - Warranty Liability (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Changes in warranty liability    
Beginning of period $ 173 $ 172
Provision 56 57
Changes to estimates 33 (2)
Settlements (69) (55)
Adjustments (12) (2)
End of period $ 181 $ 170
v3.25.3
Leases - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Leases [Abstract]        
Remaining operating lease terms 26 years   26 years  
Operating lease - option to extend     true  
Operating lease - option to extend the lease, term 20 years   20 years  
Operating lease cost $ 18 $ 19 $ 54 $ 55
Noncash lease transactions     77 36
Recognition of assets and liability related to finance lease       $ 72
Remainder for 2025 19   19  
2026 73   73  
2027 63   63  
2028 58   58  
2029 54   54  
Thereafter $ 261   $ 261  
v3.25.3
Leases - Balance Sheet and Other Information (Details) - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 28, 2024
Operating leases:    
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Other assets Other assets
Other assets $ 400 $ 360
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Other current liabilities Other current liabilities
Other current liabilities $ 57 $ 55
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Other liabilities Other liabilities
Other liabilities $ 355 $ 316
Weighted-average remaining lease term (in years) 9 years 8 months 12 days 10 years
Weighted-average discount rate 4.97% 4.84%
Finance leases:    
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Property, plant and equipment, less accumulated depreciation and amortization of $5,721 and $5,471, respectively Property, plant and equipment, less accumulated depreciation and amortization of $5,721 and $5,471, respectively
Property, plant and equipment, less accumulated amortization of $13 million and $9 million, respectively $ 95 $ 95
Finance leases, accumulated amortization 13 9
Long-term debt, including current portion $ 100 $ 97
Weighted-average remaining lease term (in years) 6 years 2 months 12 days 5 years 10 months 24 days
Weighted-average discount rate 6.63% 6.72%
v3.25.3
Debt (Details) - USD ($)
$ in Millions
 9 Months Ended
Feb. 13, 2025
Sep. 27, 2025
Sep. 28, 2024
Debt      
Proceeds from issuance of debt   $ 495 $ 0
SEC-Registered Fixed-Rate Notes      
Debt      
Debt $ 500    
Interest rate 5.50%    
Proceeds from issuance of debt $ 495    
v3.25.3
Derivative Instruments and Fair Value Measurements - Assets and Liabilities Recorded at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 27, 2025
Dec. 28, 2024
Manufacturing group    
Assets and Liabilities Recorded at Fair Value on a Recurring Basis    
Forward exchange contracts maximum maturity period 3 years  
Manufacturing group | Foreign currency exchange contracts | Cash Flow Hedging    
Assets and Liabilities Recorded at Fair Value on a Recurring Basis    
Notional amounts $ 542 $ 464
Manufacturing group | Foreign currency exchange contracts | Cash Flow Hedging | Level 2    
Assets and Liabilities Recorded at Fair Value on a Recurring Basis    
Derivative asset, fair value 8 5
Derivative liability, fair value 15 19
Finance group | Interest rate swap | Cash Flow Hedging    
Assets and Liabilities Recorded at Fair Value on a Recurring Basis    
Derivative asset, fair value 2 8
Finance group | Interest Rate Swap, Maturing August 2026 To August 2030 | Cash Flow Hedging    
Assets and Liabilities Recorded at Fair Value on a Recurring Basis    
Notional amounts $ 264 $ 264
Finance group | Interest Rate Swap, Maturing August 2026 To August 2030 | Cash Flow Hedging | Junior Subordinated Debt    
Assets and Liabilities Recorded at Fair Value on a Recurring Basis    
Net impact of debt and derivative, weighted-average fixed interest rate 5.16% 5.20%
Finance group | Interest Rate Swap, Maturing June 2025 | Cash Flow Hedging    
Assets and Liabilities Recorded at Fair Value on a Recurring Basis    
Notional amounts   $ 25
Finance group | Interest Rate Swap, Maturing June 2025 | Cash Flow Hedging | Junior Subordinated Debt    
Assets and Liabilities Recorded at Fair Value on a Recurring Basis    
Net impact of debt and derivative, weighted-average fixed interest rate   4.13%
v3.25.3
Derivative Instruments and Fair Value Measurements - Assets and Liabilities not Recorded at Fair Value (Details) - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 28, 2024
Manufacturing group | Carrying Value    
Financial instruments not reflected at fair value    
Debt $ (3,310) $ (3,164)
Manufacturing group | Estimated Fair value    
Financial instruments not reflected at fair value    
Debt (3,249) (2,989)
Finance group | Carrying Value    
Financial instruments not reflected at fair value    
Debt (340) (341)
Finance receivables, excluding leases 497 439
Finance group | Estimated Fair value    
Financial instruments not reflected at fair value    
Debt (314) (311)
Finance receivables, excluding leases $ 533 $ 454
v3.25.3
Shareholders' Equity - Reconciliation of Shareholders' Equity (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Increase (Decrease) in Stockholders' Equity        
Balance at beginning of period $ 7,433 $ 6,852 $ 7,204 $ 6,987
Net income 234 223 686 683
Other comprehensive income (loss) (4) 61 131 12
Share-based compensation activity 42 36 123 177
Dividends declared (4) (4) (11) (12)
Purchases of common stock, including excise tax (208) (217) (640) (896)
Balance at end of period 7,493 6,951 7,493 6,951
Excise taxes on common share repurchases $ 2 $ 2 $ 5 $ 6
Dividends per share of common stock (in dollars per share) $ 0.02 $ 0.02 $ 0.06 $ 0.06
Common Stock        
Increase (Decrease) in Stockholders' Equity        
Balance at beginning of period $ 23 $ 25 $ 23 $ 24
Share-based compensation activity       1
Balance at end of period 23 25 23 25
Capital Surplus        
Increase (Decrease) in Stockholders' Equity        
Balance at beginning of period 2,041 2,050 1,960 1,910
Share-based compensation activity 42 36 123 176
Balance at end of period 2,083 2,086 2,083 2,086
Treasury Stock        
Increase (Decrease) in Stockholders' Equity        
Balance at beginning of period (514) (844) (82) (165)
Purchases of common stock, including excise tax (208) (217) (640) (896)
Balance at end of period (722) (1,061) (722) (1,061)
Retained Earnings        
Increase (Decrease) in Stockholders' Equity        
Balance at beginning of period 6,052 6,314 5,607 5,862
Net income 234 223 686 683
Dividends declared (4) (4) (11) (12)
Balance at end of period 6,282 6,533 6,282 6,533
Accumulated Other Comprehensive Loss        
Increase (Decrease) in Stockholders' Equity        
Balance at beginning of period (169) (693) (304) (644)
Other comprehensive income (loss) (4) 61 131 12
Balance at end of period $ (173) $ (632) $ (173) $ (632)
v3.25.3
Shareholders' Equity - Earnings Per Share (Details) - shares
shares in Thousands
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Equity [Abstract]        
Basic weighted-average shares outstanding (in shares) 177,677 186,958 180,005 189,834
Dilutive effect of stock options (in shares) 1,473 1,986 1,298 2,052
Diluted weighted-average shares outstanding (in shares) 179,150 188,944 181,303 191,886
Anti-dilutive effect of weighted average shares (in shares) 2,000 1,000 2,300 1,000
v3.25.3
Shareholders' Equity - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
AOCI Attributable to Parent, Net of Tax [Roll Forward]    
Balance at beginning of period $ 7,204 $ 6,987
Other comprehensive income before reclassifications 130 9
Reclassified from Accumulated other comprehensive loss 1 3
Balance at end of period 7,493 6,951
Accumulated Other Comprehensive Loss    
AOCI Attributable to Parent, Net of Tax [Roll Forward]    
Balance at beginning of period (304) (644)
Balance at end of period (173) (632)
Pension and Postretirement Benefits Adjustments    
AOCI Attributable to Parent, Net of Tax [Roll Forward]    
Balance at beginning of period (179) (598)
Other comprehensive income before reclassifications 0 0
Reclassified from Accumulated other comprehensive loss 0 2
Balance at end of period (179) (596)
Foreign Currency Translation Adjustments    
AOCI Attributable to Parent, Net of Tax [Roll Forward]    
Balance at beginning of period (120) (49)
Other comprehensive income before reclassifications 132 12
Reclassified from Accumulated other comprehensive loss (2) 0
Balance at end of period 10 (37)
Deferred Gains (Losses) on Hedge Contracts    
AOCI Attributable to Parent, Net of Tax [Roll Forward]    
Balance at beginning of period (5) 3
Other comprehensive income before reclassifications (2) (3)
Reclassified from Accumulated other comprehensive loss 3 1
Balance at end of period $ (4) $ 1
v3.25.3
Shareholders' Equity - Before and After Tax Components of Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Pension and postretirement benefits adjustments, pre-tax:        
Amortization of net actuarial gain, pre-tax $ (2) $ (1) $ (6) $ (3)
Amortization of prior service cost, pre-tax 2 1 6 5
Pension and postretirement benefits adjustments, net, pre-tax 0 0 0 2
Pension and postretirement benefits adjustments, tax:        
Amortization of net actuarial gain, tax (expense) benefit 0 1 1 1
Amortization of prior service cost, tax (expense) benefit 0 (1) (1) (1)
Pension and postretirement benefits adjustments, net, tax (expense) benefit 0 0 0 0
Pension and postretirement benefits adjustments, after-tax:        
Amortization of net actuarial gain, after-tax (2) 0 (5) (2)
Amortization of prior period service cost, after-tax 2 0 5 4
Pension and postretirement benefits adjustments, net, after-tax 0 0 0 2
Foreign currency translation adjustments, pre-tax:        
Foreign currency translation adjustments, pre-tax (1) 59 132 12
Business disposition, pre-tax     (2) 0
Foreign currency translation adjustments, pre-tax     130 12
Foreign currency translation adjustments, tax:        
Foreign currency translation adjustments, tax (expense) benefit 0 0 0 0
Business disposition, tax (expense) benefit     0 0
Foreign currency translation adjustments, tax (expense) benefit     0 0
Foreign currency translation adjustments, after-tax:        
Foreign currency translation adjustments, after-tax (1) 59 132 12
Business disposition, after-tax     (2) 0
Foreign currency translation adjustments, after -tax (1) 59 130 12
Deferred losses on hedge contracts, pre-tax:        
Current deferrals, pre-tax (7) 3 (2) (3)
Reclassification adjustments, pre-tax 2 4 4 2
Deferred losses on hedge contracts, net, pre-tax (5) 7 2 (1)
Deferred losses on hedge contracts, tax:        
Current deferrals, tax (expense) benefit 2 (2) 0 0
Reclassification adjustments, tax (expense) benefit 0 (3) (1) (1)
Deferred losses on hedge contracts, net, tax (expense) benefit 2 (5) (1) (1)
Deferred losses on hedge contracts, after-tax:        
Current deferrals, after-tax (5) 1 (2) (3)
Reclassification adjustments, after tax 2 1 3 1
Deferred losses on hedge contracts, net, after-tax (3) 2 1 (2)
Other comprehensive income (loss), pre-tax (6) 66 132 13
Other comprehensive income (loss), tax (expense) benefit 2 (5) (1) (1)
Other comprehensive income (loss) $ (4) $ 61 $ 131 $ 12
v3.25.3
Segment Financial Information - Narrative (Details)
 9 Months Ended
Sep. 27, 2025
segment
Operating and reportable business segments  
Number of operating business segments 6
Number of reportable business segments 6
v3.25.3
Segment Financial Information - Revenue and Disbursement of Costs and Expenses by Segments (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues $ 3,602 $ 3,427 $ 10,624 $ 10,089
Costs, expenses and other        
Research and development costs 118 126 387 375
Selling and administrative expense 257 282 858 891
Interest expense, net 30 26 90 71
Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 3,602 3,427 10,624 10,089
Costs, expenses and other        
Cost of products/services sold 2,892 2,751 8,488 7,991
Research and development costs 118 126 387 375
Selling and administrative expense 231 262 753 792
Interest expense, net 4 4 13 14
Segment profit (loss) 357 284 983 917
Textron Aviation        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 1,477 1,339 4,206 4,002
Textron Aviation | Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 1,477 1,339 4,206 4,002
Costs, expenses and other        
Cost of products/services sold 1,149 1,050 3,249 3,060
Research and development costs 52 54 162 157
Selling and administrative expense 97 107 309 319
Interest expense, net 0 0 0 0
Segment profit (loss) 179 128 486 466
Bell        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 1,026 929 3,025 2,450
Bell | Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 1,026 929 3,025 2,450
Costs, expenses and other        
Cost of products/services sold 846 747 2,490 1,961
Research and development costs 33 32 110 78
Selling and administrative expense 55 52 163 151
Interest expense, net 0 0 0 0
Segment profit (loss) 92 98 262 260
Textron Systems        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 307 301 924 930
Textron Systems | Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 307 301 924 930
Costs, expenses and other        
Cost of products/services sold 235 226 698 694
Research and development costs 10 10 33 43
Selling and administrative expense 10 26 61 81
Interest expense, net 0 0 0 0
Segment profit (loss) 52 39 132 112
Industrial        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 761 840 2,392 2,646
Industrial | Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 761 840 2,392 2,646
Costs, expenses and other        
Cost of products/services sold 655 723 2,031 2,256
Research and development costs 15 16 49 54
Selling and administrative expense 60 69 197 233
Interest expense, net 0 0 0 0
Segment profit (loss) 31 32 115 103
Textron eAviation        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 5 6 20 22
Textron eAviation | Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 5 6 20 22
Costs, expenses and other        
Cost of products/services sold 7 5 20 20
Research and development costs 8 14 33 43
Selling and administrative expense 5 5 15 13
Interest expense, net 0 0 0 0
Segment profit (loss) (15) (18) (48) (54)
Finance        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 26 12 57 39
Finance | Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 26 12 57 39
Costs, expenses and other        
Cost of products/services sold 0 0 0 0
Research and development costs 0 0 0 0
Selling and administrative expense 4 3 8 (5)
Interest expense, net 4 4 13 14
Segment profit (loss) $ 18 $ 5 $ 36 $ 30
v3.25.3
Segment Financial Information - Reconciliation of Segment Profit to Income Before Income Taxes (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Reconciliation of segment profit to income from continuing operations before income taxes        
Interest expense, net for Manufacturing group $ (30) $ (26) $ (90) $ (71)
Special charges 0 2 (4) (25)
Non-service components of pension and postretirement income, net 67 66 200 198
Income from continuing operations before income taxes 316 252 858 812
Operating Segment        
Reconciliation of segment profit to income from continuing operations before income taxes        
Segment profit 357 284 983 917
Interest expense, net for Manufacturing group (4) (4) (13) (14)
Reconciling Items        
Reconciliation of segment profit to income from continuing operations before income taxes        
Corporate expenses and other, net (26) (20) (105) (99)
LIFO inventory provision (48) (49) (115) (96)
Intangible asset amortization (8) (9) (24) (26)
Special charges 0 2 (4) (25)
Non-service components of pension and postretirement income, net 67 66 200 198
Manufacturing group | Reconciling Items        
Reconciliation of segment profit to income from continuing operations before income taxes        
Interest expense, net for Manufacturing group $ (26) $ (22) $ (77) $ (57)
v3.25.3
Segment Financial Information - Capital Expenditures, Depreciation and Amortization and Assets by Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Dec. 28, 2024
Other Information by Segment          
Capital Expenditures $ 76 $ 71 $ 210 $ 211  
Depreciation and Amortization 97 101 289 279  
Assets 17,381   17,381   $ 16,838
Manufacturing group          
Other Information by Segment          
Capital Expenditures     210 211  
Depreciation and Amortization     289 279  
Assets 16,693   16,693   16,158
Corporate          
Other Information by Segment          
Capital Expenditures 1 0 1 0  
Depreciation and Amortization 2 1 5 5  
Assets 3,717   3,717   3,842
Textron Aviation | Operating Segment | Manufacturing group          
Other Information by Segment          
Capital Expenditures 30 30 92 91  
Depreciation and Amortization 41 47 118 120  
Assets 4,973   4,973   4,624
Bell | Operating Segment | Manufacturing group          
Other Information by Segment          
Capital Expenditures 26 18 59 55  
Depreciation and Amortization 23 22 73 61  
Assets 3,216   3,216   2,992
Textron Systems | Operating Segment | Manufacturing group          
Other Information by Segment          
Capital Expenditures 7 7 20 22  
Depreciation and Amortization 12 12 36 35  
Assets 2,088   2,088   2,036
Industrial | Operating Segment | Manufacturing group          
Other Information by Segment          
Capital Expenditures 12 15 37 40  
Depreciation and Amortization 17 17 51 52  
Assets 2,383   2,383   2,378
Textron eAviation | Operating Segment | Manufacturing group          
Other Information by Segment          
Capital Expenditures 0 1 1 3  
Depreciation and Amortization 2 $ 2 6 $ 6  
Assets 316   316   286
Finance | Operating Segment          
Other Information by Segment          
Assets $ 688   $ 688   $ 680
v3.25.3
Revenues - Disaggregation of Revenue (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Disaggregation of Revenue [Line Items]        
Revenues $ 3,602 $ 3,427 $ 10,624 $ 10,089
United States        
Disaggregation of Revenue [Line Items]        
Revenues 2,540 2,430 7,473 7,256
Europe        
Disaggregation of Revenue [Line Items]        
Revenues 290 277 955 883
Other international        
Disaggregation of Revenue [Line Items]        
Revenues 772 720 2,196 1,950
Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 2,577 2,534 7,679 7,545
U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues 1,025 893 2,945 2,544
Textron Aviation        
Disaggregation of Revenue [Line Items]        
Revenues 1,477 1,339 4,206 4,002
Textron Aviation | United States        
Disaggregation of Revenue [Line Items]        
Revenues 1,037 1,002 3,028 3,099
Textron Aviation | Europe        
Disaggregation of Revenue [Line Items]        
Revenues 115 99 354 252
Textron Aviation | Other international        
Disaggregation of Revenue [Line Items]        
Revenues 325 238 824 651
Textron Aviation | Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 1,375 1,259 3,949 3,757
Textron Aviation | U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues 102 80 257 245
Textron Aviation | Aircraft        
Disaggregation of Revenue [Line Items]        
Revenues 985 869 2,724 2,576
Textron Aviation | Aftermarket parts and services        
Disaggregation of Revenue [Line Items]        
Revenues 492 470 1,482 1,426
Bell        
Disaggregation of Revenue [Line Items]        
Revenues 1,026 929 3,025 2,450
Bell | United States        
Disaggregation of Revenue [Line Items]        
Revenues 822 693 2,324 1,891
Bell | Europe        
Disaggregation of Revenue [Line Items]        
Revenues 16 23 84 60
Bell | Other international        
Disaggregation of Revenue [Line Items]        
Revenues 188 213 617 499
Bell | Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 338 356 1,060 883
Bell | U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues 688 573 1,965 1,567
Bell | Military aircraft and support programs        
Disaggregation of Revenue [Line Items]        
Revenues 681 553 1,963 1,532
Bell | Commercial helicopters, parts and services        
Disaggregation of Revenue [Line Items]        
Revenues 345 376 1,062 918
Textron Systems        
Disaggregation of Revenue [Line Items]        
Revenues 307 301 924 930
Textron Systems | United States        
Disaggregation of Revenue [Line Items]        
Revenues 283 273 845 830
Textron Systems | Europe        
Disaggregation of Revenue [Line Items]        
Revenues 9 10 31 35
Textron Systems | Other international        
Disaggregation of Revenue [Line Items]        
Revenues 15 18 48 65
Textron Systems | Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 77 67 223 218
Textron Systems | U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues 230 234 701 712
Industrial        
Disaggregation of Revenue [Line Items]        
Revenues 761 840 2,392 2,646
Industrial | United States        
Disaggregation of Revenue [Line Items]        
Revenues 387 452 1,249 1,409
Industrial | Europe        
Disaggregation of Revenue [Line Items]        
Revenues 149 144 479 525
Industrial | Other international        
Disaggregation of Revenue [Line Items]        
Revenues 225 244 664 712
Industrial | Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 756 834 2,370 2,626
Industrial | U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues 5 6 22 20
Industrial | Fuel systems and functional components        
Disaggregation of Revenue [Line Items]        
Revenues 470 452 1,403 1,432
Industrial | Specialized vehicles        
Disaggregation of Revenue [Line Items]        
Revenues 291 388 989 1,214
Textron eAviation        
Disaggregation of Revenue [Line Items]        
Revenues 5 6 20 22
Textron eAviation | United States        
Disaggregation of Revenue [Line Items]        
Revenues 3 5 10 14
Textron eAviation | Europe        
Disaggregation of Revenue [Line Items]        
Revenues 1 1 6 6
Textron eAviation | Other international        
Disaggregation of Revenue [Line Items]        
Revenues 1 0 4 2
Textron eAviation | Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 5 6 20 22
Textron eAviation | U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues 0 0 0 0
Finance        
Disaggregation of Revenue [Line Items]        
Revenues 26 12 57 39
Finance | United States        
Disaggregation of Revenue [Line Items]        
Revenues 8 5 17 13
Finance | Europe        
Disaggregation of Revenue [Line Items]        
Revenues 0 0 1 5
Finance | Other international        
Disaggregation of Revenue [Line Items]        
Revenues 18 7 39 21
Finance | Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 26 12 57 39
Finance | U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues $ 0 $ 0 $ 0 $ 0
v3.25.3
Revenues - Remaining Performance Obligations (Details)
$ in Billions
Sep. 27, 2025
USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligation $ 19.1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-09-28  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligation, percent 61.00%
Remaining performance obligation, expected timing of satisfaction 15 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-03  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligation, percent 34.00%
Remaining performance obligation, expected timing of satisfaction 24 months
v3.25.3
Revenues - Contract Assets and Liabilities (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Dec. 28, 2024
Contract Assets and Liabilities      
Contract assets $ 376   $ 345
Contract liabilities 2,000   $ 1,900
Revenue recognized included in contract liabilities $ 968 $ 912  
v3.25.3
Retirement Plans (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Pension Benefits        
Net periodic benefit income        
Service cost $ 16 $ 18 $ 47 $ 52
Interest cost 94 91 282 272
Expected return on plan assets (162) (159) (486) (477)
Amortization of net actuarial loss 0 1 0 3
Amortization of prior service cost 2 1 7 6
Net periodic benefit income (50) (48) (150) (144)
Pension Benefits | United States        
Net periodic benefit income        
Cost associated with the defined contribution component 2 2 7 8
Postretirement Benefits Other Than Pensions        
Net periodic benefit income        
Service cost 0 0 1 1
Interest cost 1 2 4 5
Amortization of net actuarial loss (2) (2) (6) (6)
Amortization of prior service cost 0 0 (1) (1)
Net periodic benefit income $ (1) $ 0 $ (2) $ (1)
v3.25.3
Special Charges - Narrative (Details)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
USD ($)
Jun. 28, 2025
USD ($)
position
Sep. 28, 2024
USD ($)
Sep. 27, 2025
USD ($)
Sep. 28, 2024
USD ($)
Dec. 28, 2024
USD ($)
Special Charges [Line Items]            
Special charges (reversal) $ 0   $ (2) $ 4 $ 25  
Net proceeds from business disposition       16 0  
After-tax gain       4 0  
Remaining cash outlays $ 25     $ 25   $ 71
Powersports Business            
Special Charges [Line Items]            
Net proceeds from business disposition   $ 16        
After-tax gain   4        
2023 Restructuring Plan            
Special Charges [Line Items]            
Special charges (reversal)     $ (2)   $ 25  
Restructuring Actions | Textron Systems            
Special Charges [Line Items]            
Special charges (reversal)   8        
Severance costs   5        
Contract termination and other costs   $ 3        
Expected headcount reductions | position   85        
Expected percentage headcount reduction   1.00%        
v3.25.3
Special Charges - Restructuring Reserve Activity (Details)
$ in Millions
 9 Months Ended
Sep. 27, 2025
USD ($)
Restructuring Reserve [Roll Forward]  
Beginning balance $ 71
Provision 8
Cash paid (35)
Business disposition (22)
Foreign currency translation 3
Ending balance 25
Severance Costs  
Restructuring Reserve [Roll Forward]  
Beginning balance 37
Provision 5
Cash paid (18)
Business disposition (7)
Foreign currency translation 3
Ending balance 20
Contract Terminations and Other  
Restructuring Reserve [Roll Forward]  
Beginning balance 34
Provision 3
Cash paid (17)
Business disposition (15)
Foreign currency translation 0
Ending balance $ 5
v3.25.3
Income Taxes (Details)
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Income Tax Disclosure [Abstract]        
Effective income tax rate 25.60% 11.50% 19.90% 15.80%
U.S. federal statutory income tax rate 21.00%