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ARH, Armed, ASU, bankruptcy, Chopper, consummated, Demonstration, depict, Dixie, entity, FASB, forma, ground, phase, pro, promised, Reconnaissance, repaid, residential, retrospective, SDD, supplemental, Tug, unrecognized
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amendment, charge, consistent, gain, maximum, positive, produced, twelve
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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)
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| Six Months Ended |
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Fixed charges: |
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Interest expense* |
| $ | 94 |
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Estimated interest portion of rents |
| 16 |
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Total fixed charges |
| $ | 110 |
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Income: |
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Income from continuing operations before income taxes |
| $ | 335 |
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Fixed charges |
| 110 |
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Adjusted income |
| $ | 445 |
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Ratio of income to fixed charges |
| 4.05 |
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* Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits, which is included in income tax expense.