TEXTRON INC, 10-Q filed on 7/24/2025
Quarterly Report
v3.25.2
Cover - shares
 6 Months Ended
Jun. 28, 2025
Jul. 11, 2025
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Jun. 28, 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, $0.125 par value  
Trading Symbol TXT  
Security Exchange Name NYSE  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   178,205,295
Entity Central Index Key 0000217346  
Current Fiscal Year End Date --01-03  
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus Q2  
Amendment Flag false  
v3.25.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Revenues        
Total revenues $ 3,716 $ 3,527 $ 7,022 $ 6,662
Costs, expenses and other        
Research and development costs 137 105 269 249
Selling and administrative expense 303 293 601 609
Interest expense, net 31 25 60 45
Special charges 4 13 4 27
Non-service components of pension and postretirement income, net (67) (66) (133) (132)
Total costs, expenses and other 3,415 3,204 6,480 6,102
Income from continuing operations before income taxes 301 323 542 560
Income tax expense 56 63 90 99
Income from continuing operations 245 260 452 461
Loss from discontinued operations 0 (1) 0 (1)
Net income $ 245 $ 259 $ 452 $ 460
Basic earnings per share        
Continuing operations (in dollars per share) $ 1.36 $ 1.37 $ 2.49 $ 2.41
Diluted earnings per share        
Continuing operations (in dollars per share) $ 1.35 $ 1.35 $ 2.48 $ 2.38
Manufacturing group        
Costs, expenses and other        
Income from continuing operations     $ 435 $ 441
Finance group        
Revenues        
Total revenues $ 15 $ 12 31 27
Costs, expenses and other        
Income from continuing operations     17 20
Product        
Costs, expenses and other        
Cost of products/services sold 2,630 2,281 4,907 4,206
Product | Manufacturing group        
Revenues        
Total revenues 3,197 2,842 5,968 5,274
Service        
Costs, expenses and other        
Cost of products/services sold 377 553 772 1,098
Service | Manufacturing group        
Revenues        
Total revenues $ 504 $ 673 $ 1,023 $ 1,361
v3.25.2
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Statement of Comprehensive Income [Abstract]        
Net income $ 245 $ 259 $ 452 $ 460
Other comprehensive income (loss), net of tax        
Pension and postretirement benefits adjustments, net of reclassifications 0 1 0 2
Foreign currency translation adjustments, net of reclassifications 91 (14) 131 (47)
Deferred gains (losses) on hedge contracts, net of reclassifications 5 1 4 (4)
Other comprehensive income (loss) 96 (12) 135 (49)
Comprehensive income $ 341 $ 247 $ 587 $ 411
v3.25.2
Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Jun. 28, 2025
Dec. 28, 2024
Assets    
Inventories $ 4,338 $ 4,071
Finance receivables, net 585 603
Total assets 17,076 16,838
Liabilities    
Total liabilities 9,643 9,634
Shareholders’ equity    
Common stock 23 23
Capital surplus 2,041 1,960
Treasury stock (514) (82)
Retained earnings 6,052 5,607
Accumulated other comprehensive loss (169) (304)
Total shareholders’ equity 7,433 7,204
Total liabilities and shareholders’ equity $ 17,076 $ 16,838
Common shares outstanding (in shares) 178,156 182,964
Manufacturing group    
Assets    
Cash and equivalents $ 1,352 $ 1,386
Accounts receivable, net 877 949
Inventories 4,338 4,071
Other current assets 777 687
Total current assets 7,344 7,093
Property, plant and equipment, less accumulated depreciation and amortization of $5,666 and $5,471, respectively 2,490 2,529
Goodwill 2,319 2,288
Other assets 4,239 4,248
Cash and equivalents 1,352 1,386
Total assets 16,392 16,158
Liabilities    
Current portion of long-term debt 356 357
Accounts payable 1,101 943
Other current liabilities 2,903 3,094
Total current liabilities 4,360 4,394
Other liabilities 1,848 1,945
Long-term debt 3,038 2,890
Total liabilities 9,246 9,229
Finance group    
Assets    
Cash and equivalents 82 55
Cash and equivalents 82 55
Finance receivables, net 585 603
Other assets 17 22
Total assets 684 680
Liabilities    
Other liabilities 57 64
Debt 340 341
Total liabilities $ 397 $ 405
v3.25.2
Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)
$ in Millions
Jun. 28, 2025
Dec. 28, 2024
Statement of Financial Position [Abstract]    
Accumulated depreciation and amortization $ 5,666 $ 5,471
v3.25.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities    
Income from continuing operations $ 452 $ 461
Non-cash items:    
Depreciation and amortization 192 178
Deferred income taxes (22) (34)
Gain on business disposition (4) 0
Other, net 73 61
Changes in assets and liabilities:    
Accounts receivable, net 54 10
Inventories (284) (467)
Other assets (70) 167
Accounts payable 163 107
Other liabilities (200) (46)
Income taxes, net 46 10
Pension, net (117) (112)
Captive finance receivables, net (26) 7
Other operating activities, net 7 19
Net cash provided by operating activities of continuing operations 264 361
Net cash used in operating activities of discontinued operations (1) (1)
Net cash provided by operating activities 263 360
Cash flows from investing activities    
Capital expenditures (134) (140)
Net proceeds from corporate-owned life insurance policies 57 26
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 17 31
Finance receivables originated (21) (18)
Proceeds from the disposition of leveraged leases 59 0
Other investing activities, net 15 0
Net cash provided by (used in) investing activities 17 (111)
Cash flows from financing activities    
Proceeds from issuance of debt 495 0
Principal payments on long-term debt and nonrecourse debt (364) (374)
Purchases of Textron common stock (429) (675)
Proceeds from options exercised 10 73
Dividends paid (7) (8)
Other financing activities, net (15) (25)
Net cash used in financing activities (310) (1,009)
Effect of exchange rate changes on cash and equivalents 23 (10)
Net increase (decrease) in cash and equivalents (7) (770)
Cash and equivalents at beginning of period 1,441 2,181
Cash and equivalents at end of period $ 1,434 $ 1,411
v3.25.2
Consolidated Statements of Cash Flows (Unaudited) - Manufacturing Group and Finance Group - USD ($)
$ in Millions
 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities    
Income from continuing operations $ 452 $ 461
Non-cash items:    
Depreciation and amortization 192 178
Deferred income taxes (22) (34)
Gain on business disposition (4) 0
Other, net 73 61
Changes in assets and liabilities:    
Accounts receivable, net 54 10
Inventories (284) (467)
Other assets (70) 167
Accounts payable 163 107
Other liabilities (200) (46)
Income taxes, net 46 10
Pension, net (117) (112)
Other operating activities, net 7 19
Net cash provided by operating activities of continuing operations 264 361
Net cash used in operating activities of discontinued operations (1) (1)
Net cash provided by operating activities 263 360
Cash flows from investing activities    
Capital expenditures (134) (140)
Net proceeds from corporate-owned life insurance policies 57 26
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 17 31
Finance receivables originated (21) (18)
Proceeds from the disposition of leveraged leases 59 0
Other investing activities, net 15 0
Net cash provided by (used in) investing activities 17 (111)
Cash flows from financing activities    
Proceeds from issuance of debt 495 0
Principal payments on long-term debt and nonrecourse debt (364) (374)
Purchases of Textron common stock (429) (675)
Proceeds from options exercised 10 73
Dividends paid (7) (8)
Other financing activities, net (15) (25)
Net cash used in financing activities (310) (1,009)
Effect of exchange rate changes on cash and equivalents 23 (10)
Net increase (decrease) in cash and equivalents (7) (770)
Cash and equivalents at beginning of period 1,441 2,181
Cash and equivalents at end of period 1,434 1,411
Manufacturing group    
Cash flows from operating activities    
Income from continuing operations 435 441
Non-cash items:    
Depreciation and amortization 192 178
Deferred income taxes (3) (34)
Gain on business disposition (4) 0
Other, net 73 73
Changes in assets and liabilities:    
Accounts receivable, net 54 10
Inventories (284) (467)
Other assets (69) 168
Accounts payable 163 107
Other liabilities (195) (42)
Income taxes, net 29 12
Pension, net (117) (112)
Other operating activities, net 7 19
Net cash provided by operating activities of continuing operations 281 353
Net cash used in operating activities of discontinued operations (1) (1)
Net cash provided by operating activities 280 352
Cash flows from investing activities    
Capital expenditures (134) (140)
Net proceeds from corporate-owned life insurance policies 57 26
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 leveraged leases 0 0
Other investing activities, net 15 0
Net cash provided by (used in) investing activities (38) (124)
Cash flows from financing activities    
Proceeds from issuance of debt 495 0
Principal payments on long-term debt and nonrecourse debt (353) (359)
Purchases of Textron common stock (429) (675)
Proceeds from options exercised 10 73
Dividends paid (7) (8)
Other financing activities, net (15) (25)
Net cash used in financing activities (299) (994)
Effect of exchange rate changes on cash and equivalents 23 (10)
Net increase (decrease) in cash and equivalents (34) (776)
Cash and equivalents at beginning of period 1,386 2,121
Cash and equivalents at end of period 1,352 1,345
Finance group    
Cash flows from operating activities    
Income from continuing operations 17 20
Non-cash items:    
Depreciation and amortization 0 0
Deferred income taxes (19) 0
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) (1)
Accounts payable 0 0
Other liabilities (5) (4)
Income taxes, net 17 (2)
Pension, net 0 0
Other operating activities, net 0 0
Net cash provided by operating activities of continuing operations 9 1
Net cash used in operating activities of discontinued operations 0 0
Net cash provided by operating activities 9 1
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 81 78
Finance receivables originated (111) (58)
Proceeds from the disposition of leveraged leases 59 0
Other investing activities, net 0 0
Net cash provided by (used in) investing activities 29 20
Cash flows from financing activities    
Proceeds from issuance of debt 0 0
Principal payments on long-term debt and nonrecourse debt (11) (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 (11) (15)
Effect of exchange rate changes on cash and equivalents 0 0
Net increase (decrease) in cash and equivalents 27 6
Cash and equivalents at beginning of period 55 60
Cash and equivalents at end of period $ 82 $ 66
v3.25.2
Basis of Presentation
 6 Months Ended
Jun. 28, 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 second quarter of 2025 and 2024, our cumulative catch-up adjustments increased segment profit by $8 million and $18 million, respectively, and net income by $6 million and $14 million, respectively ($0.03 and $0.07 per diluted share, respectively). In the first half of 2025 and 2024, our cumulative catch-up adjustments increased segment profit by $25 million and $31 million, respectively, and net income by $19 million and $24 million, respectively ($0.10 and $0.12 per diluted share, respectively).
v3.25.2
Accounts Receivable and Finance Receivables
 6 Months Ended
Jun. 28, 2025
Receivables [Abstract]  
Accounts Receivable and Finance Receivables Accounts Receivable and Finance Receivables
Accounts Receivable
Accounts receivable is composed of the following:
(In millions)June 28,
2025		December 28,
2024
Commercial$800 $738 
U.S. Government contracts96 230 
896 968 
Allowance for credit losses(19)(19)
Total accounts receivable, net$877 $949 
Finance Receivables
Finance receivables are presented in the following table:
(In millions)June 28,
2025		December 28,
2024
Finance receivables$605 $622 
Allowance for credit losses(20)(19)
Total finance receivables, net$585 $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)June 28,
2025		December 28,
2024
Performing$569$612
Watchlist33—
Nonaccrual310
Nonaccrual as a percentage of finance receivables0.50%1.61%
Current and less than 31 days past due$596$609
31-60 days past due913
60+ days contractual delinquency as a percentage of finance receivables—%—%
At June 28, 2025, 47% of our performing finance receivables were originated since the beginning of 2023 and 27% 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 2021.
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 June 28, 2025 and December 28, 2024.
v3.25.2
Inventories
 6 Months Ended
Jun. 28, 2025
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories are composed of the following:
(In millions)June 28,
2025		December 28,
2024
Finished goods$1,179 $1,138 
Work in process2,026 1,769 
Raw materials and components1,133 1,164 
Total inventories$4,338 $4,071 
v3.25.2
Accounts Payable and Warranty Liability
 6 Months Ended
Jun. 28, 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 June 28, 2025 and December 28, 2024, the amount due under the supplier financing arrangement was $112 million and $50 million, respectively.
Warranty Liability
Changes in our current and non-current warranty liability are as follows:
Six Months Ended
(In millions)June 28,
2025		June 29,
2024
Beginning of period$173 $172 
Provision38 38 
Changes to estimates24 2 
Settlements(45)(36)
Other*(9)(4)
End of period$181 $172 
* Other includes business dispositions and currency translation adjustments.
v3.25.2
Leases
 6 Months Ended
Jun. 28, 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 in both the second quarter of 2025 and 2024, and $36 million in both the first half of 2025 and 2024. 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 $3 million and $28 million in the first half of 2025 and 2024, respectively, reflecting new or modified leases and changes from the reassessment of lease options. In the first half 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)June 28,
2025		December 28,
2024
Operating leases:
Other assets$340$360
Other current liabilities5455
Other liabilities299316
Weighted-average remaining lease term (in years)9.510.0
Weighted-average discount rate4.85%4.84%
Finance leases:
Property, plant and equipment, less accumulated amortization
  of $11 million and $9 million, respectively
$96$95
Long-term debt, including current portion9997
Weighted-average remaining lease term (in years)6.55.9
Weighted-average discount rate6.65%6.72%
At June 28, 2025, maturities of our operating lease liabilities on an undiscounted basis totaled $36 million for the remainder of 2025, $61 million for 2026, $51 million for 2027, $46 million for 2028, $42 million for 2029 and $211 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 in both the second quarter of 2025 and 2024, and $36 million in both the first half of 2025 and 2024. 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 $3 million and $28 million in the first half of 2025 and 2024, respectively, reflecting new or modified leases and changes from the reassessment of lease options. In the first half 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)June 28,
2025		December 28,
2024
Operating leases:
Other assets$340$360
Other current liabilities5455
Other liabilities299316
Weighted-average remaining lease term (in years)9.510.0
Weighted-average discount rate4.85%4.84%
Finance leases:
Property, plant and equipment, less accumulated amortization
  of $11 million and $9 million, respectively
$96$95
Long-term debt, including current portion9997
Weighted-average remaining lease term (in years)6.55.9
Weighted-average discount rate6.65%6.72%
At June 28, 2025, maturities of our operating lease liabilities on an undiscounted basis totaled $36 million for the remainder of 2025, $61 million for 2026, $51 million for 2027, $46 million for 2028, $42 million for 2029 and $211 million thereafter.
v3.25.2
Debt
 6 Months Ended
Jun. 28, 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.
v3.25.2
Derivative Instruments and Fair Value Measurements
 6 Months Ended
Jun. 28, 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 June 28, 2025 and December 28, 2024, we had foreign currency exchange contracts with notional amounts upon which the contracts were based of $651 million and $464 million, respectively. At June 28, 2025, the fair value amounts of our foreign currency exchange contracts were a $12 million asset and a $14 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 June 28, 2025 and December 28, 2024, respectively.
At June 28, 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 5.20%. These agreements have maturities ranging from August 2025 to August 2029. At June 28, 2025 and December 28, 2024, we also had a swap agreement related to these Notes with a notional amount of $30 million and a weighted-average fixed rate of 5.10% that has a forward start date of August 15, 2025 and matures on August 15, 2030.
Assets and Liabilities Not Recorded at Fair Value
The carrying value and estimated fair value of our financial instruments that are not reflected in the financial statements at fair value are as follows:
June 28, 2025December 28, 2024
CarryingEstimatedCarryingEstimated
(In millions)ValueFair ValueValueFair Value
Manufacturing group
Debt, excluding leases$(3,312)$(3,211)$(3,164)$(2,989)
Finance group
Finance receivables, excluding leases476 506 439 454 
Debt(340)(313)(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.
v3.25.2
Shareholders' Equity
 6 Months Ended
Jun. 28, 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 June 28, 2025
Beginning of period$23 $2,005 $(299)$5,811 $(265)$7,275 
Net income— — — 245 — 245 
Other comprehensive income— — — — 96 96 
Share-based compensation activity— 36 — — — 36 
Dividends declared— — — (4)— (4)
Purchases of common stock, including excise tax*— — (215)— — (215)
End of period$23 $2,041 $(514)$6,052 $(169)$7,433 
Three months ended June 29, 2024
Beginning of period$25 $2,012 $(484)$6,059 $(681)$6,931 
Net income— — — 259 — 259 
Other comprehensive loss— — — — (12)(12)
Share-based compensation activity— 38 — — — 38 
Dividends declared— — — (4)— (4)
Purchases of common stock, including excise tax*— — (360)— — (360)
End of period$25 $2,050 $(844)$6,314 $(693)$6,852 
Six months ended June 28, 2025
Beginning of period$23 $1,960 $(82)$5,607 $(304)$7,204 
Net income— — — 452 — 452 
Other comprehensive income— — — — 135 135 
Share-based compensation activity— 81 — — — 81 
Dividends declared— — — (7)— (7)
Purchases of common stock, including excise tax*— — (432)— — (432)
End of period$23 $2,041 $(514)$6,052 $(169)$7,433 
Six months ended June 29, 2024
Beginning of period$24 $1,910 $(165)$5,862 $(644)$6,987 
Net income— — — 460 — 460 
Other comprehensive loss— — — — (49)(49)
Share-based compensation activity1 140 — — — 141 
Dividends declared— — — (8)— (8)
Purchases of common stock, including excise tax*— — (679)— — (679)
End of period$25 $2,050 $(844)$6,314 $(693)$6,852 
*Includes amounts accrued for excise tax imposed on common share repurchases that totaled $1 million and $3 million for the second quarter and first half of 2025, respectively, and $2 million and $4 million for the second quarter and first half of 2024, respectively.
Dividends per share of common stock were $0.02 for both the second quarter of 2025 and 2024 and $0.04 for both the first half of 2025 and 2024.
Earnings Per Share
We calculate basic and diluted earnings per share (EPS) based on net income, which approximates income available to common shareholders for each period.  Basic EPS is calculated using the two-class method, which includes the weighted-average number of common shares outstanding during the period and restricted stock units to be paid in stock that are deemed participating securities as they provide nonforfeitable rights to dividends. Diluted EPS considers the dilutive effect of all potential future common stock, including stock options.  
The weighted-average shares outstanding for basic and diluted EPS are as follows:
Three Months EndedSix Months Ended
(In thousands)June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Basic weighted-average shares outstanding179,958 189,746 181,168 191,273 
Dilutive effect of stock options1,133 2,109 1,211 2,085 
Diluted weighted-average shares outstanding181,091 191,855 182,379 193,358 
In the second quarter and first half of 2025, stock options to purchase 2.9 million and 2.5 million shares of common stock, respectively, were excluded from the calculation of diluted weighted-average shares outstanding as their effect would have been anti-dilutive. Stock options to purchase 1.0 million shares of common stock were excluded from the calculation of diluted weighted-average shares outstanding for both the second quarter and first half of 2024 as their effect would have been anti-dilutive.
Accumulated Other Comprehensive Loss and Other Comprehensive Income (Loss)
The components of Accumulated other comprehensive loss are presented below:
(In millions)Pension and
Postretirement
Benefits
Adjustments		Foreign
Currency
Translation
Adjustments		Deferred
Gains (Losses)
on Hedge
Contracts		Accumulated
Other
Comprehensive
Loss
Balance at December 28, 2024$(179)$(120)$(5)$(304)
Other comprehensive income before reclassifications— 133 3 136 
Reclassified from Accumulated other comprehensive loss— (2)1 (1)
Balance at June 28, 2025$(179)$11 $(1)$(169)
Balance at December 30, 2023$(598)$(49)$3 $(644)
Other comprehensive loss before reclassifications— (47)(4)(51)
Reclassified from Accumulated other comprehensive loss2 — — 2 
Balance at June 29, 2024$(596)$(96)$(1)$(693)
The before and after-tax components of Other comprehensive income (loss) are presented below:
June 28, 2025June 29, 2024
(In millions)Pre-Tax
Amount		Tax
(Expense)
Benefit		After-tax
Amount		Pre-Tax
Amount		Tax
(Expense)
Benefit		After-tax
Amount
Three Months Ended
Pension and postretirement benefits adjustments:
Amortization of net actuarial gain*$(2)$1 $(1)$(1)$— $(1)
Amortization of prior service cost*2 (1)1 2 — 2 
Pension and postretirement benefits adjustments, net— — — 1 — 1 
Foreign currency translation adjustments:
Foreign currency translation adjustments93 — 93 (14)— (14)
Business disposition(2)— (2)— — — 
Foreign currency translation adjustments, net91 — 91 (14)— (14)
Deferred gains on hedge contracts:
Current deferrals8 (3)5 1 — 1 
Reclassification adjustments— — — (1)1 — 
Deferred gains on hedge contracts, net8 (3)5 — 1 1 
Total$99 $(3)$96 $(13)$1 $(12)
Six Months Ended
Pension and postretirement benefits adjustments:
Amortization of net actuarial gain*$(4)$1 $(3)$(2)$— $(2)
Amortization of prior service cost*4 (1)3 4 — 4 
Pension and postretirement benefits adjustments, net— — — 2 — 2 
Foreign currency translation adjustments:
Foreign currency translation adjustments133 — 133 (47)— (47)
Business disposition(2)— (2)— — — 
Foreign currency translation adjustments, net131 — 131 (47)— (47)
Deferred gains (losses) on hedge contracts:
Current deferrals5 (2)3 (6)2 (4)
Reclassification adjustments2 (1)1 (2)2 — 
Deferred gains (losses) on hedge contracts, net7 (3)4 (8)4 (4)
Total$138 $(3)$135 $(53)$4 $(49)
*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.
v3.25.2
Segment Financial Information
 6 Months Ended
Jun. 28, 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 June 28, 2025
Revenues$1,517 $1,016 $321 $839 $8 $15 $3,716 
Costs and expenses:
Cost of sales1,171 841 244 698 7 — 2,961 
Research and development costs53 38 15 20 11 — 137 
Selling and administrative expense113 57 22 67 6 2 267 
Interest expense, net— — — — — 5 5 
Segment profit (loss)$180 $80 $40 $54 $(16)$8 $346 
Three months ended June 29, 2024
Revenues$1,475 $794 $323 $914 $9 $12 $3,527 
Costs and expenses:
Cost of sales1,119 649 246 775 9 — 2,798 
Research and development costs51 7 15 18 14 — 105 
Selling and administrative expense110 56 27 79 4 — 276 
Interest expense, net— — — — — 5 5 
Segment profit (loss)$195 $82 $35 $42 $(18)$7 $343 
Six months ended June 28, 2025
Revenues$2,729 $1,999 $617 $1,631 $15 $31 $7,022 
Costs and expenses:
Cost of sales2,100 1,644 463 1,376 13 — 5,596 
Research and development costs110 77 23 34 25 — 269 
Selling and administrative expense212 108 51 137 10 4 522 
Interest expense, net— — — — — 9 9 
Segment profit (loss)$307 $170 $80 $84 $(33)$18 $626 
Six months ended June 29, 2024
Revenues$2,663 $1,521 $629 $1,806 $16 $27 $6,662 
Costs and expenses:
Cost of sales2,010 1,214 468 1,533 15 — 5,240 
Research and development costs103 46 33 38 29 — 249 
Selling and administrative expense212 99 55 164 8 (8)530 
Interest expense, net— — — — — 10 10 
Segment profit (loss)$338 $162 $73 $71 $(36)$25 $633 
A reconciliation of segment profit to Income from continuing operations before income taxes is presented below:
Three Months EndedSix Months Ended
(In millions)June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Segment profit$346 $343 $626 $633 
Unallocated amounts:
Corporate expenses and other, net(36)(17)(79)(79)
Interest expense, net for Manufacturing group(26)(20)(51)(35)
LIFO inventory provision(38)(27)(67)(47)
Intangible asset amortization(8)(9)(16)(17)
Special charges(4)(13)(4)(27)
Non-service components of pension and postretirement income, net67 66 133 132 
Income from continuing operations before income taxes$301 $323 $542 $560 
Other information by segment is provided below:
Capital ExpendituresDepreciation and Amortization
Three Months EndedSix Months EndedThree Months EndedSix Months Ended
(In millions)June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Textron Aviation$37 $34 $62 $61 $40 $37 $77 $73 
Bell18 18 33 37 28 20 50 39 
Textron Systems8 7 13 15 12 12 24 23 
Industrial15 14 25 25 17 17 34 35 
Textron eAviation— 1 1 2 2 2 4 4 
Corporate— — — — 1 2 3 4 
Total$78 $74 $134 $140 $100 $90 $192 $178 
Our assets by segment are summarized below:
(In millions)June 28,
2025		December 28,
2024
Textron Aviation$4,823 $4,624 
Bell3,062 2,992 
Textron Systems2,044 2,036 
Industrial2,391 2,378 
Textron eAviation317 286 
Finance684 680 
Corporate3,755 3,842 
Total assets$17,076 $16,838 
v3.25.2
Revenues
 6 Months Ended
Jun. 28, 2025
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregation of Revenues
Our revenues disaggregated by major product type are presented below:
Three Months EndedSix Months Ended
(In millions)June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Aircraft$1,010 $975 $1,739 $1,707 
Aftermarket parts and services507 500 990 956 
Textron Aviation$1,517 $1,475 $2,729 $2,663 
Military aircraft and support programs648 499 1,282 979 
Commercial helicopters, parts and services368 295 717 542 
Bell$1,016 $794 $1,999 $1,521 
Textron Systems$321 $323 $617 $629 
Fuel systems and functional components483 492 933 980 
Specialized vehicles356 422 698 826 
Industrial$839 $914 $1,631 $1,806 
Textron eAviation$8 $9 $15 $16 
Finance$15 $12 $31 $27 
Total revenues$3,716 $3,527 $7,022 $6,662 
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 June 28, 2025
Customer type:
Commercial$1,431 $361 $76 $829 $8 $15 $2,720 
U.S. Government86 655 245 10 — — 996 
Total revenues$1,517 $1,016 $321 $839 $8 $15 $3,716 
Geographic location:
United States$1,079 $820 $293 $454 $4 $5 $2,655 
Europe153 12 10 166 2 1 344 
Other international285 184 18 219 2 9 717 
Total revenues$1,517 $1,016 $321 $839 $8 $15 $3,716 
Three months ended June 29, 2024
Customer type:
Commercial$1,343 $288 $79 $908 $9 $12 $2,639 
U.S. Government132 506 244 6 — — 888 
Total revenues$1,475 $794 $323 $914 $9 $12 $3,527 
Geographic location:
United States$1,147 $639 $283 $497 $5 $4 $2,575 
Europe91 14 12 183 3 — 303 
Other international237 141 28 234 1 8 649 
Total revenues$1,475 $794 $323 $914 $9 $12 $3,527 
Six months ended June 28, 2025
Customer type:
Commercial$2,574 $722 $146 $1,614 $15 $31 $5,102 
U.S. Government155 1,277 471 17 — — 1,920 
Total revenues$2,729 $1,999 $617 $1,631 $15 $31 $7,022 
Geographic location:
United States$1,991 $1,502 $562 $862 $7 $9 $4,933 
Europe239 68 22 330 5 1 665 
Other international499 429 33 439 3 21 1,424 
Total revenues$2,729 $1,999 $617 $1,631 $15 $31 $7,022 
Six months ended June 29, 2024
Customer type:
Commercial$2,498 $527 $151 $1,792 $16 $27 $5,011 
U.S. Government165 994 478 14 — — 1,651 
Total revenues$2,663 $1,521 $629 $1,806 $16 $27 $6,662 
Geographic location:
United States$2,097 $1,198 $557 $957 $9 $8 $4,826 
Europe153 37 25 381 5 5 606 
Other international413 286 47 468 2 14 1,230 
Total revenues$2,663 $1,521 $629 $1,806 $16 $27 $6,662 
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 June 28, 2025, we had $16.9 billion in remaining performance obligations of which we expect to recognize revenues of approximately 73% through 2026, an additional 24% 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 June 28, 2025 and December 28, 2024, contract assets totaled $453 million and $345 million, respectively, and contract liabilities totaled $1.9 billion at both dates, reflecting timing differences between revenues recognized, billings and payments from customers. We recognized revenues of $691 million and $660 million in the first half of 2025 and 2024, respectively, that were included in the contract liability balance at the beginning of each year.
v3.25.2
Retirement Plans
 6 Months Ended
Jun. 28, 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 EndedSix Months Ended
(In millions)June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Pension Benefits
Service cost$15 $17 $31 $34 
Interest cost94 91 188 181 
Expected return on plan assets(162)(159)(324)(318)
Amortization of net actuarial loss— 1 — 2 
Amortization of prior service cost3 3 5 5 
Net periodic benefit income*$(50)$(47)$(100)$(96)
Postretirement Benefits Other Than Pensions
Service cost$1 $1 $1 $1 
Interest cost1 1 3 3 
Amortization of net actuarial gain(2)(2)(4)(4)
Amortization of prior service credit(1)(1)(1)(1)
Net periodic benefit income$(1)$(1)$(1)$(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 $5 million for the second quarter and first half of 2025, respectively, and $2 million and $6 million for the second quarter and first half of 2024, respectively.
v3.25.2
Special Charges
 6 Months Ended
Jun. 28, 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 are expected to total approximately 85 positions, representing less than 1% of our global workforce. We expect the restructuring actions to be 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 second quarter and first half of 2024, we recognized special charges of $13 million and $27 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(11)(15)(26)
Business disposition(7)(15)(22)
Foreign currency translation3 — 3 
Balance at June 28, 2025$27 $7 $34 
The majority of the remaining cash outlays of $34 million are expected to be paid in the second half of 2025.
v3.25.2
Income Taxes
 6 Months Ended
Jun. 28, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
Our effective tax rate was 18.6% and 19.5% for the second quarter of 2025 and 2024, respectively, and 16.6% and 17.7% for the first half of 2025 and 2024, respectively. Our effective tax rate was lower than the U.S. federal statutory rate of 21%, largely due to the favorable impact of research and development credits and tax deductions for foreign-derived intangible income.
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 first year placed in service and 3) the EBITDA-based business interest expense limitation as well as modifications to the international tax framework. While we are still assessing these changes and the effects of the Act on our consolidated financial statements, we expect the Act to increase our cash flows from operating activities for the full year 2025 and increase our effective tax rate for the full year 2025.
v3.25.2
Commitments and Contingencies
 6 Months Ended
Jun. 28, 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.
v3.25.2
Pay vs Performance Disclosure - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Pay vs Performance Disclosure        
Net income $ 245 $ 259 $ 452 $ 460
v3.25.2
Insider Trading Arrangements
 3 Months Ended
Jun. 28, 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
v3.25.2
Basis of Presentation (Policies)
 6 Months Ended
Jun. 28, 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.
v3.25.2
Accounts Receivable and Finance Receivables (Tables)
 6 Months Ended
Jun. 28, 2025
Receivables [Abstract]  
Accounts Receivable
Accounts receivable is composed of the following:
(In millions)June 28,
2025		December 28,
2024
Commercial$800 $738 
U.S. Government contracts96 230 
896 968 
Allowance for credit losses(19)(19)
Total accounts receivable, net$877 $949 
Finance Receivables
Finance receivables are presented in the following table:
(In millions)June 28,
2025		December 28,
2024
Finance receivables$605 $622 
Allowance for credit losses(20)(19)
Total finance receivables, net$585 $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)June 28,
2025		December 28,
2024
Performing$569$612
Watchlist33—
Nonaccrual310
Nonaccrual as a percentage of finance receivables0.50%1.61%
Current and less than 31 days past due$596$609
31-60 days past due913
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)June 28,
2025		December 28,
2024
Performing$569$612
Watchlist33—
Nonaccrual310
Nonaccrual as a percentage of finance receivables0.50%1.61%
Current and less than 31 days past due$596$609
31-60 days past due913
60+ days contractual delinquency as a percentage of finance receivables—%—%
v3.25.2
Inventories (Tables)
 6 Months Ended
Jun. 28, 2025
Inventory Disclosure [Abstract]  
Inventories
Inventories are composed of the following:
(In millions)June 28,
2025		December 28,
2024
Finished goods$1,179 $1,138 
Work in process2,026 1,769 
Raw materials and components1,133 1,164 
Total inventories$4,338 $4,071 
v3.25.2
Accounts Payable and Warranty Liability (Tables)
 6 Months Ended
Jun. 28, 2025
Payables and Accruals [Abstract]  
Changes in Warranty Liability
Changes in our current and non-current warranty liability are as follows:
Six Months Ended
(In millions)June 28,
2025		June 29,
2024
Beginning of period$173 $172 
Provision38 38 
Changes to estimates24 2 
Settlements(45)(36)
Other*(9)(4)
End of period$181 $172 
* Other includes business dispositions and currency translation adjustments.
v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 28, 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)June 28,
2025		December 28,
2024
Operating leases:
Other assets$340$360
Other current liabilities5455
Other liabilities299316
Weighted-average remaining lease term (in years)9.510.0
Weighted-average discount rate4.85%4.84%
Finance leases:
Property, plant and equipment, less accumulated amortization
  of $11 million and $9 million, respectively
$96$95
Long-term debt, including current portion9997
Weighted-average remaining lease term (in years)6.55.9
Weighted-average discount rate6.65%6.72%
v3.25.2
Derivative Instruments and Fair Value Measurements (Tables)
 6 Months Ended
Jun. 28, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Carrying Value and Estimated and Fair Value of Financial Instruments
The carrying value and estimated fair value of our financial instruments that are not reflected in the financial statements at fair value are as follows:
June 28, 2025December 28, 2024
CarryingEstimatedCarryingEstimated
(In millions)ValueFair ValueValueFair Value
Manufacturing group
Debt, excluding leases$(3,312)$(3,211)$(3,164)$(2,989)
Finance group
Finance receivables, excluding leases476 506 439 454 
Debt(340)(313)(341)(311)
v3.25.2
Shareholders' Equity (Tables)
 6 Months Ended
Jun. 28, 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 June 28, 2025
Beginning of period$23 $2,005 $(299)$5,811 $(265)$7,275 
Net income— — — 245 — 245 
Other comprehensive income— — — — 96 96 
Share-based compensation activity— 36 — — — 36 
Dividends declared— — — (4)— (4)
Purchases of common stock, including excise tax*— — (215)— — (215)
End of period$23 $2,041 $(514)$6,052 $(169)$7,433 
Three months ended June 29, 2024
Beginning of period$25 $2,012 $(484)$6,059 $(681)$6,931 
Net income— — — 259 — 259 
Other comprehensive loss— — — — (12)(12)
Share-based compensation activity— 38 — — — 38 
Dividends declared— — — (4)— (4)
Purchases of common stock, including excise tax*— — (360)— — (360)
End of period$25 $2,050 $(844)$6,314 $(693)$6,852 
Six months ended June 28, 2025
Beginning of period$23 $1,960 $(82)$5,607 $(304)$7,204 
Net income— — — 452 — 452 
Other comprehensive income— — — — 135 135 
Share-based compensation activity— 81 — — — 81 
Dividends declared— — — (7)— (7)
Purchases of common stock, including excise tax*— — (432)— — (432)
End of period$23 $2,041 $(514)$6,052 $(169)$7,433 
Six months ended June 29, 2024
Beginning of period$24 $1,910 $(165)$5,862 $(644)$6,987 
Net income— — — 460 — 460 
Other comprehensive loss— — — — (49)(49)
Share-based compensation activity1 140 — — — 141 
Dividends declared— — — (8)— (8)
Purchases of common stock, including excise tax*— — (679)— — (679)
End of period$25 $2,050 $(844)$6,314 $(693)$6,852 
*Includes amounts accrued for excise tax imposed on common share repurchases that totaled $1 million and $3 million for the second quarter and first half of 2025, respectively, and $2 million and $4 million for the second quarter and first half of 2024, respectively.
Schedule of Weighted-Average Shares Outstanding for Basic and Diluted EPS
The weighted-average shares outstanding for basic and diluted EPS are as follows:
Three Months EndedSix Months Ended
(In thousands)June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Basic weighted-average shares outstanding179,958 189,746 181,168 191,273 
Dilutive effect of stock options1,133 2,109 1,211 2,085 
Diluted weighted-average shares outstanding181,091 191,855 182,379 193,358 
Schedule of Components of Accumulated Other Comprehensive Income (Loss)
The components of Accumulated other comprehensive loss are presented below:
(In millions)Pension and
Postretirement
Benefits
Adjustments		Foreign
Currency
Translation
Adjustments		Deferred
Gains (Losses)
on Hedge
Contracts		Accumulated
Other
Comprehensive
Loss
Balance at December 28, 2024$(179)$(120)$(5)$(304)
Other comprehensive income before reclassifications— 133 3 136 
Reclassified from Accumulated other comprehensive loss— (2)1 (1)
Balance at June 28, 2025$(179)$11 $(1)$(169)
Balance at December 30, 2023$(598)$(49)$3 $(644)
Other comprehensive loss before reclassifications— (47)(4)(51)
Reclassified from Accumulated other comprehensive loss2 — — 2 
Balance at June 29, 2024$(596)$(96)$(1)$(693)
Schedule of Before and After-Tax Components of Other Comprehensive Income (Loss)
The before and after-tax components of Other comprehensive income (loss) are presented below:
June 28, 2025June 29, 2024
(In millions)Pre-Tax
Amount		Tax
(Expense)
Benefit		After-tax
Amount		Pre-Tax
Amount		Tax
(Expense)
Benefit		After-tax
Amount
Three Months Ended
Pension and postretirement benefits adjustments:
Amortization of net actuarial gain*$(2)$1 $(1)$(1)$— $(1)
Amortization of prior service cost*2 (1)1 2 — 2 
Pension and postretirement benefits adjustments, net— — — 1 — 1 
Foreign currency translation adjustments:
Foreign currency translation adjustments93 — 93 (14)— (14)
Business disposition(2)— (2)— — — 
Foreign currency translation adjustments, net91 — 91 (14)— (14)
Deferred gains on hedge contracts:
Current deferrals8 (3)5 1 — 1 
Reclassification adjustments— — — (1)1 — 
Deferred gains on hedge contracts, net8 (3)5 — 1 1 
Total$99 $(3)$96 $(13)$1 $(12)
Six Months Ended
Pension and postretirement benefits adjustments:
Amortization of net actuarial gain*$(4)$1 $(3)$(2)$— $(2)
Amortization of prior service cost*4 (1)3 4 — 4 
Pension and postretirement benefits adjustments, net— — — 2 — 2 
Foreign currency translation adjustments:
Foreign currency translation adjustments133 — 133 (47)— (47)
Business disposition(2)— (2)— — — 
Foreign currency translation adjustments, net131 — 131 (47)— (47)
Deferred gains (losses) on hedge contracts:
Current deferrals5 (2)3 (6)2 (4)
Reclassification adjustments2 (1)1 (2)2 — 
Deferred gains (losses) on hedge contracts, net7 (3)4 (8)4 (4)
Total$138 $(3)$135 $(53)$4 $(49)
*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.
v3.25.2
Segment Financial Information (Tables)
 6 Months Ended
Jun. 28, 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 June 28, 2025
Revenues$1,517 $1,016 $321 $839 $8 $15 $3,716 
Costs and expenses:
Cost of sales1,171 841 244 698 7 — 2,961 
Research and development costs53 38 15 20 11 — 137 
Selling and administrative expense113 57 22 67 6 2 267 
Interest expense, net— — — — — 5 5 
Segment profit (loss)$180 $80 $40 $54 $(16)$8 $346 
Three months ended June 29, 2024
Revenues$1,475 $794 $323 $914 $9 $12 $3,527 
Costs and expenses:
Cost of sales1,119 649 246 775 9 — 2,798 
Research and development costs51 7 15 18 14 — 105 
Selling and administrative expense110 56 27 79 4 — 276 
Interest expense, net— — — — — 5 5 
Segment profit (loss)$195 $82 $35 $42 $(18)$7 $343 
Six months ended June 28, 2025
Revenues$2,729 $1,999 $617 $1,631 $15 $31 $7,022 
Costs and expenses:
Cost of sales2,100 1,644 463 1,376 13 — 5,596 
Research and development costs110 77 23 34 25 — 269 
Selling and administrative expense212 108 51 137 10 4 522 
Interest expense, net— — — — — 9 9 
Segment profit (loss)$307 $170 $80 $84 $(33)$18 $626 
Six months ended June 29, 2024
Revenues$2,663 $1,521 $629 $1,806 $16 $27 $6,662 
Costs and expenses:
Cost of sales2,010 1,214 468 1,533 15 — 5,240 
Research and development costs103 46 33 38 29 — 249 
Selling and administrative expense212 99 55 164 8 (8)530 
Interest expense, net— — — — — 10 10 
Segment profit (loss)$338 $162 $73 $71 $(36)$25 $633 
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 EndedSix Months Ended
(In millions)June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Segment profit$346 $343 $626 $633 
Unallocated amounts:
Corporate expenses and other, net(36)(17)(79)(79)
Interest expense, net for Manufacturing group(26)(20)(51)(35)
LIFO inventory provision(38)(27)(67)(47)
Intangible asset amortization(8)(9)(16)(17)
Special charges(4)(13)(4)(27)
Non-service components of pension and postretirement income, net67 66 133 132 
Income from continuing operations before income taxes$301 $323 $542 $560 
Other Information by Segment
Other information by segment is provided below:
Capital ExpendituresDepreciation and Amortization
Three Months EndedSix Months EndedThree Months EndedSix Months Ended
(In millions)June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Textron Aviation$37 $34 $62 $61 $40 $37 $77 $73 
Bell18 18 33 37 28 20 50 39 
Textron Systems8 7 13 15 12 12 24 23 
Industrial15 14 25 25 17 17 34 35 
Textron eAviation— 1 1 2 2 2 4 4 
Corporate— — — — 1 2 3 4 
Total$78 $74 $134 $140 $100 $90 $192 $178 
Our assets by segment are summarized below:
(In millions)June 28,
2025		December 28,
2024
Textron Aviation$4,823 $4,624 
Bell3,062 2,992 
Textron Systems2,044 2,036 
Industrial2,391 2,378 
Textron eAviation317 286 
Finance684 680 
Corporate3,755 3,842 
Total assets$17,076 $16,838 
v3.25.2
Revenues (Tables)
 6 Months Ended
Jun. 28, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Our revenues disaggregated by major product type are presented below:
Three Months EndedSix Months Ended
(In millions)June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Aircraft$1,010 $975 $1,739 $1,707 
Aftermarket parts and services507 500 990 956 
Textron Aviation$1,517 $1,475 $2,729 $2,663 
Military aircraft and support programs648 499 1,282 979 
Commercial helicopters, parts and services368 295 717 542 
Bell$1,016 $794 $1,999 $1,521 
Textron Systems$321 $323 $617 $629 
Fuel systems and functional components483 492 933 980 
Specialized vehicles356 422 698 826 
Industrial$839 $914 $1,631 $1,806 
Textron eAviation$8 $9 $15 $16 
Finance$15 $12 $31 $27 
Total revenues$3,716 $3,527 $7,022 $6,662 
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 June 28, 2025
Customer type:
Commercial$1,431 $361 $76 $829 $8 $15 $2,720 
U.S. Government86 655 245 10 — — 996 
Total revenues$1,517 $1,016 $321 $839 $8 $15 $3,716 
Geographic location:
United States$1,079 $820 $293 $454 $4 $5 $2,655 
Europe153 12 10 166 2 1 344 
Other international285 184 18 219 2 9 717 
Total revenues$1,517 $1,016 $321 $839 $8 $15 $3,716 
Three months ended June 29, 2024
Customer type:
Commercial$1,343 $288 $79 $908 $9 $12 $2,639 
U.S. Government132 506 244 6 — — 888 
Total revenues$1,475 $794 $323 $914 $9 $12 $3,527 
Geographic location:
United States$1,147 $639 $283 $497 $5 $4 $2,575 
Europe91 14 12 183 3 — 303 
Other international237 141 28 234 1 8 649 
Total revenues$1,475 $794 $323 $914 $9 $12 $3,527 
Six months ended June 28, 2025
Customer type:
Commercial$2,574 $722 $146 $1,614 $15 $31 $5,102 
U.S. Government155 1,277 471 17 — — 1,920 
Total revenues$2,729 $1,999 $617 $1,631 $15 $31 $7,022 
Geographic location:
United States$1,991 $1,502 $562 $862 $7 $9 $4,933 
Europe239 68 22 330 5 1 665 
Other international499 429 33 439 3 21 1,424 
Total revenues$2,729 $1,999 $617 $1,631 $15 $31 $7,022 
Six months ended June 29, 2024
Customer type:
Commercial$2,498 $527 $151 $1,792 $16 $27 $5,011 
U.S. Government165 994 478 14 — — 1,651 
Total revenues$2,663 $1,521 $629 $1,806 $16 $27 $6,662 
Geographic location:
United States$2,097 $1,198 $557 $957 $9 $8 $4,826 
Europe153 37 25 381 5 5 606 
Other international413 286 47 468 2 14 1,230 
Total revenues$2,663 $1,521 $629 $1,806 $16 $27 $6,662 
v3.25.2
Retirement Plans (Tables)
 6 Months Ended
Jun. 28, 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 EndedSix Months Ended
(In millions)June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Pension Benefits
Service cost$15 $17 $31 $34 
Interest cost94 91 188 181 
Expected return on plan assets(162)(159)(324)(318)
Amortization of net actuarial loss— 1 — 2 
Amortization of prior service cost3 3 5 5 
Net periodic benefit income*$(50)$(47)$(100)$(96)
Postretirement Benefits Other Than Pensions
Service cost$1 $1 $1 $1 
Interest cost1 1 3 3 
Amortization of net actuarial gain(2)(2)(4)(4)
Amortization of prior service credit(1)(1)(1)(1)
Net periodic benefit income$(1)$(1)$(1)$(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 $5 million for the second quarter and first half of 2025, respectively, and $2 million and $6 million for the second quarter and first half of 2024, respectively.
v3.25.2
Special Charges (Tables)
 6 Months Ended
Jun. 28, 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(11)(15)(26)
Business disposition(7)(15)(22)
Foreign currency translation3 — 3 
Balance at June 28, 2025$27 $7 $34 
v3.25.2
Basis of Presentation (Details)
$ / shares in Units, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
USD ($)
$ / shares
Jun. 29, 2024
USD ($)
$ / shares
Jun. 28, 2025
USD ($)
borrowing_group
$ / shares
Jun. 29, 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 $ 8 $ 18 $ 25 $ 31
Change in accounting estimate financial effect, increase in net income $ 6 $ 14 $ 19 $ 24
Change in accounting estimate financial effect increase in earnings per diluted share (in dollars per share) | $ / shares $ 0.03 $ 0.07 $ 0.10 $ 0.12
v3.25.2
Accounts Receivable and Finance Receivables - Accounts Receivable (Details) - Manufacturing group - USD ($)
$ in Millions
Jun. 28, 2025
Dec. 28, 2024
Accounts Receivable    
Accounts receivable, gross $ 896 $ 968
Allowance for credit losses (19) (19)
Total accounts receivable, net 877 949
Commercial    
Accounts Receivable    
Accounts receivable, gross 800 738
U.S. Government    
Accounts Receivable    
Accounts receivable, gross $ 96 $ 230
v3.25.2
Accounts Receivable and Finance Receivables - Finance Receivables (Details) - USD ($)
$ in Millions
Jun. 28, 2025
Dec. 28, 2024
Finance Receivables    
Finance receivables $ 605 $ 622
Allowance for credit losses (20) (19)
Total finance receivables, net $ 585 $ 603
v3.25.2
Accounts Receivable and Finance Receivables - Finance Receivable Portfolio Quality (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 28, 2025
Dec. 28, 2024
Finance Receivable Portfolio Quality    
Finance receivables $ 605 $ 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 $ 596 $ 609
31-60 days past due    
Finance Receivable Portfolio Quality    
Finance receivables $ 9 $ 13
Performing    
Finance Receivable Portfolio Quality    
Financing percentage receivable originating since the beginning of 2023 47.00%  
Financing receivable percentage originating from 2020 to 2022 27.00%  
Nonperforming    
Finance Receivable Portfolio Quality    
Nonaccrual as a percentage of finance receivables 0.50% 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 $ 3 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 $ 569 $ 612
v3.25.2
Inventories (Details) - USD ($)
$ in Millions
Jun. 28, 2025
Dec. 28, 2024
Inventories    
Finished goods $ 1,179 $ 1,138
Work in process 2,026 1,769
Raw materials and components 1,133 1,164
Total inventories $ 4,338 $ 4,071
v3.25.2
Accounts Payable and Warranty Liability - Narrative (Details) - USD ($)
$ in Millions
Jun. 28, 2025
Dec. 28, 2024
Supplier Finance Program [Line Items]    
Supplier financing maximum commitment $ 200  
Payable under supplier financing arrangement $ 112 $ 50
Maximum    
Supplier Finance Program [Line Items]    
Payment terms period under supplier financing arrangement 190 days  
v3.25.2
Accounts Payable and Warranty Liability - Warranty Liability (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Changes in warranty liability    
Beginning of period $ 173 $ 172
Provision 38 38
Changes to estimates 24 2
Settlements (45) (36)
Adjustments (9) (4)
End of period $ 181 $ 172
v3.25.2
Leases - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 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 $ 18 $ 36 $ 36
Noncash lease transactions     3 28
Recognition of assets and liability related to finance lease       $ 72
Remainder for 2025 36   36  
2026 61   61  
2027 51   51  
2028 46   46  
2029 42   42  
Thereafter $ 211   $ 211  
v3.25.2
Leases - Balance Sheet and Other Information (Details) - USD ($)
$ in Millions
Jun. 28, 2025
Dec. 28, 2024
Operating leases:    
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Other assets Other assets
Other assets $ 340 $ 360
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Other current liabilities Other current liabilities
Other current liabilities $ 54 $ 55
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Other liabilities Other liabilities
Other liabilities $ 299 $ 316
Weighted-average remaining lease term (in years) 9 years 6 months 10 years
Weighted-average discount rate 4.85% 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 $5,666 and $5,471, respectively Property, plant and equipment, less accumulated depreciation and amortization of $5,666 and $5,471, respectively
Property, plant and equipment, less accumulated amortization of $11 million and $9 million, respectively $ 96 $ 95
Finance leases, accumulated amortization 11 9
Long-term debt, including current portion $ 99 $ 97
Weighted-average remaining lease term (in years) 6 years 6 months 5 years 10 months 24 days
Weighted-average discount rate 6.65% 6.72%
v3.25.2
Debt (Details) - USD ($)
$ in Millions
 6 Months Ended
Feb. 13, 2025
Jun. 28, 2025
Jun. 29, 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    
v3.25.2
Derivative Instruments and Fair Value Measurements - Assets and Liabilities Recorded at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 28, 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 $ 651 $ 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 12 5
Derivative liability, fair value 14 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 2025 To August 2029 | 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 2025 To August 2029 | 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 5.20% 5.20%
Finance group | Interest Rate Swap, Maturing August 2025 To August 2030 | Cash Flow Hedging    
Assets and Liabilities Recorded at Fair Value on a Recurring Basis    
Notional amounts $ 30 $ 30
Finance group | Interest Rate Swap, Maturing August 2025 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 5.10% 5.10%
v3.25.2
Derivative Instruments and Fair Value Measurements - Assets and Liabilities not Recorded at Fair Value (Details) - USD ($)
$ in Millions
Jun. 28, 2025
Dec. 28, 2024
Manufacturing group | Carrying Value    
Financial instruments not reflected at fair value    
Debt $ (3,312) $ (3,164)
Manufacturing group | Estimated Fair value    
Financial instruments not reflected at fair value    
Debt (3,211) (2,989)
Finance group | Carrying Value    
Financial instruments not reflected at fair value    
Debt (340) (341)
Finance receivables, excluding leases 476 439
Finance group | Estimated Fair value    
Financial instruments not reflected at fair value    
Debt (313) (311)
Finance receivables, excluding leases $ 506 $ 454
v3.25.2
Shareholders' Equity - Reconciliation of Shareholders' Equity (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Increase (Decrease) in Stockholders' Equity        
Balance at beginning of period $ 7,275 $ 6,931 $ 7,204 $ 6,987
Net income 245 259 452 460
Other comprehensive income (loss) 96 (12) 135 (49)
Share-based compensation activity 36 38 81 141
Dividends declared (4) (4) (7) (8)
Purchases of common stock, including excise tax (215) (360) (432) (679)
Balance at end of period 7,433 6,852 7,433 6,852
Excise taxes on common share repurchases $ 1 $ 2 $ 3 $ 4
Dividends per share of common stock (in dollars per share) $ 0.02 $ 0.02 $ 0.04 $ 0.04
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 2,005 2,012 1,960 1,910
Share-based compensation activity 36 38 81 140
Balance at end of period 2,041 2,050 2,041 2,050
Treasury Stock        
Increase (Decrease) in Stockholders' Equity        
Balance at beginning of period (299) (484) (82) (165)
Purchases of common stock, including excise tax (215) (360) (432) (679)
Balance at end of period (514) (844) (514) (844)
Retained Earnings        
Increase (Decrease) in Stockholders' Equity        
Balance at beginning of period 5,811 6,059 5,607 5,862
Net income 245 259 452 460
Dividends declared (4) (4) (7) (8)
Balance at end of period 6,052 6,314 6,052 6,314
Accumulated Other Comprehensive Loss        
Increase (Decrease) in Stockholders' Equity        
Balance at beginning of period (265) (681) (304) (644)
Other comprehensive income (loss) 96 (12) 135 (49)
Balance at end of period $ (169) $ (693) $ (169) $ (693)
v3.25.2
Shareholders' Equity - Earnings Per Share (Details) - shares
shares in Thousands
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Equity [Abstract]        
Basic weighted-average shares outstanding (in shares) 179,958 189,746 181,168 191,273
Dilutive effect of stock options (in shares) 1,133 2,109 1,211 2,085
Diluted weighted-average shares outstanding (in shares) 181,091 191,855 182,379 193,358
Anti-dilutive effect of weighted average shares (in shares) 2,900 1,000 2,500 1,000
v3.25.2
Shareholders' Equity - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
AOCI Attributable to Parent, Net of Tax [Roll Forward]    
Balance at beginning of period $ 7,204 $ 6,987
Other comprehensive income before reclassifications 136 (51)
Reclassified from Accumulated other comprehensive loss (1) 2
Balance at end of period 7,433 6,852
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 (169) (693)
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 133 (47)
Reclassified from Accumulated other comprehensive loss (2) 0
Balance at end of period 11 (96)
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 3 (4)
Reclassified from Accumulated other comprehensive loss 1 0
Balance at end of period $ (1) $ (1)
v3.25.2
Shareholders' Equity - Before and After Tax Components of Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Pension and postretirement benefits adjustments, pre-tax:        
Amortization of net actuarial gain, pre-tax $ (2) $ (1) $ (4) $ (2)
Amortization of prior service cost, pre-tax 2 2 4 4
Pension and postretirement benefits adjustments, net, pre-tax 0 1 0 2
Pension and postretirement benefits adjustments, tax:        
Amortization of net actuarial gain, tax (expense) benefit 1 0 1 0
Amortization of prior service cost, tax (expense) benefit (1) 0 (1) 0
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 (1) (1) (3) (2)
Amortization of prior period service cost, after-tax 1 2 3 4
Pension and postretirement benefits adjustments, net, after-tax 0 1 0 2
Foreign currency translation adjustments, pre-tax:        
Foreign currency translation adjustments, pre-tax 93 (14) 133 (47)
Business disposition, pre-tax (2) 0 (2) 0
Foreign currency translation adjustments, pre-tax 91 (14) 131 (47)
Foreign currency translation adjustments, tax:        
Foreign currency translation adjustments, tax (expense) benefit 0 0 0 0
Business disposition, tax (expense) benefit 0 0 0 0
Foreign currency translation adjustments, tax (expense) benefit 0 0 0 0
Foreign currency translation adjustments, after-tax:        
Foreign currency translation adjustments, after-tax 93 (14) 133 (47)
Business disposition, after-tax (2) 0 (2) 0
Foreign currency translation adjustments, after -tax 91 (14) 131 (47)
Deferred losses on hedge contracts, pre-tax:        
Current deferrals, pre-tax 8 1 5 (6)
Reclassification adjustments, pre-tax 0 (1) 2 (2)
Deferred losses on hedge contracts, net, pre-tax 8 0 7 (8)
Deferred losses on hedge contracts, tax:        
Current deferrals, tax (expense) benefit (3) 0 (2) 2
Reclassification adjustments, tax (expense) benefit 0 1 (1) 2
Deferred losses on hedge contracts, net, tax (expense) benefit (3) 1 (3) 4
Deferred losses on hedge contracts, after-tax:        
Current deferrals, after-tax 5 1 3 (4)
Reclassification adjustments, after tax 0 0 1 0
Deferred losses on hedge contracts, net, after-tax 5 1 4 (4)
Other comprehensive income (loss), pre-tax 99 (13) 138 (53)
Other comprehensive income (loss), tax (expense) benefit (3) 1 (3) 4
Other comprehensive income (loss) $ 96 $ (12) $ 135 $ (49)
v3.25.2
Segment Financial Information - Narrative (Details)
 6 Months Ended
Jun. 28, 2025
segment
Operating and reportable business segments  
Number of operating business segments 6
Number of reportable business segments 6
v3.25.2
Segment Financial Information - Revenue and Disbursement of Costs and Expenses by Segments (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues $ 3,716 $ 3,527 $ 7,022 $ 6,662
Costs, expenses and other        
Research and development costs 137 105 269 249
Selling and administrative expense 303 293 601 609
Interest expense, net 31 25 60 45
Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 3,716 3,527 7,022 6,662
Costs, expenses and other        
Cost of products/services sold 2,961 2,798 5,596 5,240
Research and development costs 137 105 269 249
Selling and administrative expense 267 276 522 530
Interest expense, net 5 5 9 10
Segment profit (loss) 346 343 626 633
Textron Aviation        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 1,517 1,475 2,729 2,663
Textron Aviation | Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 1,517 1,475 2,729 2,663
Costs, expenses and other        
Cost of products/services sold 1,171 1,119 2,100 2,010
Research and development costs 53 51 110 103
Selling and administrative expense 113 110 212 212
Interest expense, net 0 0 0 0
Segment profit (loss) 180 195 307 338
Bell        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 1,016 794 1,999 1,521
Bell | Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 1,016 794 1,999 1,521
Costs, expenses and other        
Cost of products/services sold 841 649 1,644 1,214
Research and development costs 38 7 77 46
Selling and administrative expense 57 56 108 99
Interest expense, net 0 0 0 0
Segment profit (loss) 80 82 170 162
Textron Systems        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 321 323 617 629
Textron Systems | Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 321 323 617 629
Costs, expenses and other        
Cost of products/services sold 244 246 463 468
Research and development costs 15 15 23 33
Selling and administrative expense 22 27 51 55
Interest expense, net 0 0 0 0
Segment profit (loss) 40 35 80 73
Industrial        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 839 914 1,631 1,806
Industrial | Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 839 914 1,631 1,806
Costs, expenses and other        
Cost of products/services sold 698 775 1,376 1,533
Research and development costs 20 18 34 38
Selling and administrative expense 67 79 137 164
Interest expense, net 0 0 0 0
Segment profit (loss) 54 42 84 71
Textron eAviation        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 8 9 15 16
Textron eAviation | Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 8 9 15 16
Costs, expenses and other        
Cost of products/services sold 7 9 13 15
Research and development costs 11 14 25 29
Selling and administrative expense 6 4 10 8
Interest expense, net 0 0 0 0
Segment profit (loss) (16) (18) (33) (36)
Finance        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 15 12 31 27
Finance | Operating Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenues 15 12 31 27
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 2 0 4 (8)
Interest expense, net 5 5 9 10
Segment profit (loss) $ 8 $ 7 $ 18 $ 25
v3.25.2
Segment Financial Information - Reconciliation of Segment Profit to Income Before Income Taxes (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Reconciliation of segment profit to income from continuing operations before income taxes        
Interest expense, net for Manufacturing group $ (31) $ (25) $ (60) $ (45)
Special charges (4) (13) (4) (27)
Non-service components of pension and postretirement income, net 67 66 133 132
Income from continuing operations before income taxes 301 323 542 560
Operating Segment        
Reconciliation of segment profit to income from continuing operations before income taxes        
Segment profit 346 343 626 633
Interest expense, net for Manufacturing group (5) (5) (9) (10)
Reconciling Items        
Reconciliation of segment profit to income from continuing operations before income taxes        
Corporate expenses and other, net (36) (17) (79) (79)
LIFO inventory provision (38) (27) (67) (47)
Intangible asset amortization (8) (9) (16) (17)
Special charges (4) (13) (4) (27)
Non-service components of pension and postretirement income, net 67 66 133 132
Manufacturing group | Reconciling Items        
Reconciliation of segment profit to income from continuing operations before income taxes        
Interest expense, net for Manufacturing group $ (26) $ (20) $ (51) $ (35)
v3.25.2
Segment Financial Information - Capital Expenditures, Depreciation and Amortization and Assets by Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Dec. 28, 2024
Other Information by Segment          
Capital Expenditures $ 78 $ 74 $ 134 $ 140  
Depreciation and Amortization 100 90 192 178  
Assets 17,076   17,076   $ 16,838
Manufacturing group          
Other Information by Segment          
Capital Expenditures     134 140  
Depreciation and Amortization     192 178  
Assets 16,392   16,392   16,158
Corporate          
Other Information by Segment          
Capital Expenditures 0 0 0 0  
Depreciation and Amortization 1 2 3 4  
Assets 3,755   3,755   3,842
Textron Aviation | Operating Segment | Manufacturing group          
Other Information by Segment          
Capital Expenditures 37 34 62 61  
Depreciation and Amortization 40 37 77 73  
Assets 4,823   4,823   4,624
Bell | Operating Segment | Manufacturing group          
Other Information by Segment          
Capital Expenditures 18 18 33 37  
Depreciation and Amortization 28 20 50 39  
Assets 3,062   3,062   2,992
Textron Systems | Operating Segment | Manufacturing group          
Other Information by Segment          
Capital Expenditures 8 7 13 15  
Depreciation and Amortization 12 12 24 23  
Assets 2,044   2,044   2,036
Industrial | Operating Segment | Manufacturing group          
Other Information by Segment          
Capital Expenditures 15 14 25 25  
Depreciation and Amortization 17 17 34 35  
Assets 2,391   2,391   2,378
Textron eAviation | Operating Segment | Manufacturing group          
Other Information by Segment          
Capital Expenditures 0 1 1 2  
Depreciation and Amortization 2 $ 2 4 $ 4  
Assets 317   317   286
Finance | Operating Segment          
Other Information by Segment          
Assets $ 684   $ 684   $ 680
v3.25.2
Revenues - Disaggregation of Revenue (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Disaggregation of Revenue [Line Items]        
Revenues $ 3,716 $ 3,527 $ 7,022 $ 6,662
United States        
Disaggregation of Revenue [Line Items]        
Revenues 2,655 2,575 4,933 4,826
Europe        
Disaggregation of Revenue [Line Items]        
Revenues 344 303 665 606
Other international        
Disaggregation of Revenue [Line Items]        
Revenues 717 649 1,424 1,230
Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 2,720 2,639 5,102 5,011
U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues 996 888 1,920 1,651
Textron Aviation        
Disaggregation of Revenue [Line Items]        
Revenues 1,517 1,475 2,729 2,663
Textron Aviation | United States        
Disaggregation of Revenue [Line Items]        
Revenues 1,079 1,147 1,991 2,097
Textron Aviation | Europe        
Disaggregation of Revenue [Line Items]        
Revenues 153 91 239 153
Textron Aviation | Other international        
Disaggregation of Revenue [Line Items]        
Revenues 285 237 499 413
Textron Aviation | Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 1,431 1,343 2,574 2,498
Textron Aviation | U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues 86 132 155 165
Textron Aviation | Aircraft        
Disaggregation of Revenue [Line Items]        
Revenues 1,010 975 1,739 1,707
Textron Aviation | Aftermarket parts and services        
Disaggregation of Revenue [Line Items]        
Revenues 507 500 990 956
Bell        
Disaggregation of Revenue [Line Items]        
Revenues 1,016 794 1,999 1,521
Bell | United States        
Disaggregation of Revenue [Line Items]        
Revenues 820 639 1,502 1,198
Bell | Europe        
Disaggregation of Revenue [Line Items]        
Revenues 12 14 68 37
Bell | Other international        
Disaggregation of Revenue [Line Items]        
Revenues 184 141 429 286
Bell | Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 361 288 722 527
Bell | U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues 655 506 1,277 994
Bell | Military aircraft and support programs        
Disaggregation of Revenue [Line Items]        
Revenues 648 499 1,282 979
Bell | Commercial helicopters, parts and services        
Disaggregation of Revenue [Line Items]        
Revenues 368 295 717 542
Textron Systems        
Disaggregation of Revenue [Line Items]        
Revenues 321 323 617 629
Textron Systems | United States        
Disaggregation of Revenue [Line Items]        
Revenues 293 283 562 557
Textron Systems | Europe        
Disaggregation of Revenue [Line Items]        
Revenues 10 12 22 25
Textron Systems | Other international        
Disaggregation of Revenue [Line Items]        
Revenues 18 28 33 47
Textron Systems | Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 76 79 146 151
Textron Systems | U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues 245 244 471 478
Industrial        
Disaggregation of Revenue [Line Items]        
Revenues 839 914 1,631 1,806
Industrial | United States        
Disaggregation of Revenue [Line Items]        
Revenues 454 497 862 957
Industrial | Europe        
Disaggregation of Revenue [Line Items]        
Revenues 166 183 330 381
Industrial | Other international        
Disaggregation of Revenue [Line Items]        
Revenues 219 234 439 468
Industrial | Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 829 908 1,614 1,792
Industrial | U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues 10 6 17 14
Industrial | Fuel systems and functional components        
Disaggregation of Revenue [Line Items]        
Revenues 483 492 933 980
Industrial | Specialized vehicles        
Disaggregation of Revenue [Line Items]        
Revenues 356 422 698 826
Textron eAviation        
Disaggregation of Revenue [Line Items]        
Revenues 8 9 15 16
Textron eAviation | United States        
Disaggregation of Revenue [Line Items]        
Revenues 4 5 7 9
Textron eAviation | Europe        
Disaggregation of Revenue [Line Items]        
Revenues 2 3 5 5
Textron eAviation | Other international        
Disaggregation of Revenue [Line Items]        
Revenues 2 1 3 2
Textron eAviation | Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 8 9 15 16
Textron eAviation | U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues 0 0 0 0
Finance        
Disaggregation of Revenue [Line Items]        
Revenues 15 12 31 27
Finance | United States        
Disaggregation of Revenue [Line Items]        
Revenues 5 4 9 8
Finance | Europe        
Disaggregation of Revenue [Line Items]        
Revenues 1 0 1 5
Finance | Other international        
Disaggregation of Revenue [Line Items]        
Revenues 9 8 21 14
Finance | Commercial        
Disaggregation of Revenue [Line Items]        
Revenues 15 12 31 27
Finance | U.S. Government        
Disaggregation of Revenue [Line Items]        
Revenues $ 0 $ 0 $ 0 $ 0
v3.25.2
Revenues - Remaining Performance Obligations (Details)
$ in Billions
Jun. 28, 2025
USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligation $ 16.9
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-06-29  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligation, percent 73.00%
Remaining performance obligation, expected timing of satisfaction 18 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 24.00%
Remaining performance obligation, expected timing of satisfaction 24 months
v3.25.2
Revenues - Contract Assets and Liabilities (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Dec. 28, 2024
Contract Assets and Liabilities      
Contract assets $ 453   $ 345
Contract liabilities 1,900   $ 1,900
Revenue recognized included in contract liabilities $ 691 $ 660  
v3.25.2
Retirement Plans (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Pension Benefits        
Net periodic benefit income        
Service cost $ 15 $ 17 $ 31 $ 34
Interest cost 94 91 188 181
Expected return on plan assets (162) (159) (324) (318)
Amortization of net actuarial loss 0 1 0 2
Amortization of prior service cost 3 3 5 5
Net periodic benefit income (50) (47) (100) (96)
Pension Benefits | United States        
Net periodic benefit income        
Cost associated with the defined contribution component 2 2 5 6
Postretirement Benefits Other Than Pensions        
Net periodic benefit income        
Service cost 1 1 1 1
Interest cost 1 1 3 3
Amortization of net actuarial loss (2) (2) (4) (4)
Amortization of prior service cost (1) (1) (1) (1)
Net periodic benefit income $ (1) $ (1) $ (1) $ (1)
v3.25.2
Special Charges - Narrative (Details)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 28, 2025
USD ($)
position
Jun. 29, 2024
USD ($)
Jun. 28, 2025
USD ($)
Jun. 29, 2024
USD ($)
Dec. 28, 2024
USD ($)
Special Charges [Line Items]          
Special charges $ 4 $ 13 $ 4 $ 27  
Net proceeds from business disposition     16 0  
After-tax gain     4 0  
Remaining cash outlays 34   $ 34   $ 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   $ 13   $ 27  
Restructuring Actions | Textron Systems          
Special Charges [Line Items]          
Special charges 8        
Severance costs 5        
Contract termination and other costs $ 3        
Expected headcount reductions | position 85        
Expected percentage headcount reduction 1.00%        
v3.25.2
Special Charges - Restructuring Reserve Activity (Details)
$ in Millions
 6 Months Ended
Jun. 28, 2025
USD ($)
Restructuring Reserve [Roll Forward]  
Beginning balance $ 71
Provision 8
Cash paid (26)
Business disposition (22)
Foreign currency translation 3
Ending balance 34
Severance Costs  
Restructuring Reserve [Roll Forward]  
Beginning balance 37
Provision 5
Cash paid (11)
Business disposition (7)
Foreign currency translation 3
Ending balance 27
Contract Terminations and Other  
Restructuring Reserve [Roll Forward]  
Beginning balance 34
Provision 3
Cash paid (15)
Business disposition (15)
Foreign currency translation 0
Ending balance $ 7
v3.25.2
Income Taxes (Details)
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Income Tax Disclosure [Abstract]        
Effective income tax rate 18.60% 19.50% 16.60% 17.70%
U.S. federal statutory income tax rate     21.00%