Textron (TXT) 10-Q 2012 Q2 Quarterly report

EXHIBIT 12.2

TEXTRON INC.
INCLUDING ALL MAJORITY-OWNED SUBSIDIARIES

COMPUTATION OF RATIO OF INCOME TO FIXED CHARGES

(unaudited)

(In millions, except ratio)

	Six Months Ended June 30, 2012
Fixed charges:
Interest expense*	$	108
Estimated interest portion of rents	8
Total fixed charges	$	116
Income:
Income from continuing operations before income taxes	$	432
Fixed charges	116
Adjusted income	$	548
Ratio of income to fixed charges	4.72

*Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits, which is included in income tax expense.