| Address:
|
40 WESTMINSTER ST
|
| City: |
PROVIDENCE |
|
State: |
RI |
|
Zip Code: |
02903 |
| Telephone: |
401-421-2800 |
|
Description of Business
|
Primary SIC Code:
3720 |
| (As filed with the SEC)
|
|
|
Textron Inc. is a multi-industry company that leverages its global network of
aircraft, defense, industrial and finance businesses to provide customers with
innovative products and services around the world. We have approximately 32,000
employees worldwide. Textron Inc. was founded in 1923 and reincorporated in
Delaware on July 31, 1967. Unless otherwise indicated, references to "Textron
Inc.," the "Company," "we," "our" and "us" in this Annual Report on Form 10-K
refer to Textron Inc. and its consolidated subsidiaries.
We conduct our business through five operating segments: Cessna, Bell, Textron
Systems and Industrial, which represent our manufacturing businesses, and
Finance, which represents our finance business. A description of the business of
each of our segments is set forth below. Our business segments include
operations that are unincorporated divisions of Textron Inc. and others that are
separately incorporated subsidiaries. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2011 | 1.31 | 0.020 | 14.11 | | 09/2011 | 1.01 | 0.020 | 17.47 | | 06/2011 | 0.41 | 0.020 | 57.59 | | 03/2011 | 0.39 | 0.020 | 70.23 | | 12/2010 | 0.28 | 0.020 | 84.43 | | 09/2010 | -0.13 | 0.020 | N/E | | 06/2010 | 0.05 | 0.020 | 339.40 | | 03/2010 | -0.47 | 0.020 | N/E |
Key Financial Ratios and Statistics |
FYE:
01/01 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.07 | Total Liab/Total Assets | 0.81 | | Net Inc/Total Assets | 0.01 | Total Liab/Inv Cap | 0.98 | | Net Inc/Inv Cap | 0.01 | Total Liab/Comm Equity | 9.84 | | Pretax Inc/Net Sales | 0.01 | Interest Coverage Ratio | 1.32 | | Net Inc/Net Sales | 0.01 | Curr Debt/Equity | 0.01 | | Cash Flow/Net Sales | 0.09 | LTD/Equity | 0.77 | | SG&A/NetSales | 0.12 | Total Debt/Equity | 0.77 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 11.79 | Quick Ratio | 1.04 | | Inventory Turnover | 3.78 | Current Ratio | 1.90 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.18 | | Net Sales/Work Cap | 4.40 | Inv/Curr Assets | 0.45 | | Net Sales/PP&E | 5.45 | | |
Income Statement (Millions) |
| |
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Total Revenues(Net Sales)
|
2,814.00
|
2,728.00
|
2,479.00
|
3,127.00
|
|
Cost of Goods Sold
|
2,313.00
|
2,225.00
|
2,055.00
|
2,605.00
|
|
Selling & Admin Exps
|
251.00
|
295.00
|
304.00
|
345.00
|
|
Operating Income
|
247.00
|
196.00
|
108.00
|
108.00
|
|
Interest Exp
|
61.00
|
61.00
|
62.00
|
63.00
|
|
Pretax Income
|
186.00
|
135.00
|
46.00
|
45.00
|
|
Other Income
|
NA
|
NA
|
NA
|
0.00
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
142.00
|
90.00
|
29.00
|
60.00
|
|
Assets
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Cash & Short Term Investments
|
1,542.00
|
651.00
|
1,022.00
|
931.00
|
|
Receivables - Total
|
927.00
|
874.00
|
910.00
|
892.00
|
|
Inventories - Total
|
2,607.00
|
2,562.00
|
2,453.00
|
2,277.00
|
|
Total Current Assets
|
6,170.00
|
5,482.00
|
5,399.00
|
5,047.00
|
|
Net Property, Plant & Equipment
|
1,957.00
|
1,964.00
|
1,950.00
|
1,932.00
|
|
Total Assets
|
15,281.00
|
14,839.00
|
15,059.00
|
15,282.00
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
2,762.00
|
2,657.00
|
2,577.00
|
2,638.00
|
|
Debt in Current Liabilities
|
589.00
|
351.00
|
216.00
|
19.00
|
|
Total Current Liabilities
|
3,351.00
|
3,008.00
|
2,793.00
|
2,657.00
|
|
Long-Term Debt
|
2,473.00
|
2,192.00
|
2,333.00
|
2,283.00
|
|
Total Liabilities
|
11,969.00
|
11,665.00
|
12,007.00
|
12,310.00
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
35.00
|
35.00
|
35.00
|
35.00
|
|
Retained Earnings
|
3,282.00
|
3,145.00
|
3,061.00
|
3,037.00
|
|
Treasury Stock
|
0.00
|
-24.00
|
-63.00
|
-85.00
|
|
Total Stockholders' Equity
|
3,312.00
|
3,174.00
|
3,052.00
|
2,972.00
|
|
Total Liabilities and Stockholders' Equity
|
15,281.00
|
14,839.00
|
15,059.00
|
15,282.00
|
Cash Flow Summary (Millions) |
|
Categories
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Net Cash Provided by Operating Activities
|
443.00
|
163.00
|
54.00
|
225.00
|
|
Net Cash Provided by Investing Activities
|
147.00
|
146.00
|
355.00
|
211.00
|
|
Net Cash Provided by Financing Activities
|
309.00
|
-682.00
|
-327.00
|
-496.00
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 01/2006 | 11,490.00 | 601.00 | 1.89 | | 01/2007 | 13,225.00 | 917.00 | 2.72 | | 01/2009 | 14,010.00 | 486.00 | 1.38 | | 01/2010 | 10,500.00 | -31.00 | -0.28 | | 01/2011 | 10,525.00 | 86.00 | 0.28 | | Growth Rates | -2.17 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 345 | 220,881 | 79.41 |
|
Report Date :
2/6/2012
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