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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 2, 2010 | ||||
Fixed charges: | ||||
Interest expense* | $ | 207 | ||
Estimated interest portion of rents | 25 | |||
Total fixed charges | $ | 232 | ||
Income: | ||||
Income from continuing operations before income taxes | $ | 41 | ||
Fixed charges | 232 | |||
Adjusted income | $ | 273 | ||
Ratio of income to fixed charges | 1.18 |
* | Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits, which is included in income tax expense. |