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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)
|
| Three Months |
| |
Fixed charges: |
|
|
| |
|
|
|
| |
Interest expense* |
| $ | 43 |
|
Estimated interest portion of rents |
| 10 |
| |
|
|
|
| |
Total fixed charges |
| $ | 53 |
|
|
|
|
| |
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Income: |
|
|
| |
|
|
|
| |
Income from continuing operations before income taxes |
| $ | 184 |
|
Fixed charges |
| 53 |
| |
|
|
|
| |
Adjusted income |
| $ | 237 |
|
|
|
|
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Ratio of income to fixed charges |
| 4.47 |
|
* Includes interest expense on all third-party indebtedness, except for interest related to unrecognized tax benefits, which is included in income tax expense.