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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)
INCLUDING ALL MAJORITY-OWNED SUBSIDIARIES
COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES
(unaudited)
(In millions, except ratio)
Six Months | ||||
Ended | ||||
July 2, 2011 | ||||
Fixed charges: | ||||
Interest expense* | $ | 123 | ||
Estimated interest portion of rents | 16 | |||
Total fixed charges | $ | 139 | ||
Income: | ||||
Income from continuing operations before income taxes | $ | 181 | ||
Fixed charges | 139 | |||
Adjusted income | $ | 320 | ||
Ratio of income to fixed charges | 2.30 | |||
* | Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits, which is included in income tax expense. |