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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)
|
| Twelve Months |
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Fixed charges: |
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| |
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Interest expense* |
| $ | 191 |
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Estimated interest portion of rents |
| 40 |
| |
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Total fixed charges |
| $ | 231 |
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Income: |
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Income from continuing operations before income taxes |
| $ | 853 |
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Fixed charges |
| 231 |
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Adjusted income |
| $ | 1,084 |
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Ratio of income to fixed charges |
| 4.69 |
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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.