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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 12.1 Exhibit 12.1
- 12.2 Exhibit 12.2
- 31.1 Exhibit 31.1
- 31.2 Exhibit 31.2
- 32.1 Exhibit 32.1
- 32.2 Exhibit 32.2
- 10.1 Indemnity Agreement - Director
- 10.2 Frank Connor Agreement
- 10.3 Lewis B. Campbell Retirement Letter
- 10.3 Lewis B. Campbell Clarification Retirement Letter
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EXHIBIT 12.2
TEXTRON INC.
INCLUDING ALL MAJORITY-OWNED SUBSIDIARIES
COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES
(unaudited)
(In millions, except ratio)
Nine Months Ended October 3, 2009 | |||
Fixed charges: | |||
Interest expense | $ | 234 | |
Estimated interest portion of rents | 27 | ||
Total fixed charges | $ | 261 | |
Income: | |||
Loss from continuing operations before income taxes | $ | (84 | ) |
Fixed charges | 261 | ||
Adjusted income | $ | 177 | |
Ratio of income to fixed charges | .68 |
Earnings for the nine months ended October 3, 2009 were inadequate to cover fixed charges. Additional earnings of $84 million would have been necessary to bring the ratio of income to fixed charges to 1.0.