2015 FACT BOOK Textron Inc
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2015 Annual Report 2015 Annual
2015 ANNUAL 2015 ANNUAL REPORT 2015 ANNUAL REPORT Textron’s Diverse Product Portfolio Textron is known around the world for its powerful brands of aircraft, defense and industrial products that provide customers with groundbreaking technologies, innovative solutions and first-class service. TEXTRON AVIATION BELL HELICOPTER INDUSTRIAL TEXTRON SYSTEMS Citation® Longitude® Bell Boeing V-22 Osprey Sherman + ReillyTM P2000X Puller Shadow® M2 Citation® M2® Bell 429WLG E-Z-GO Freedom® RXV Lycoming Race Engines Beechcraft® King Air® 350i Bell 525 RelentlessTM Greenlee® DataScout® 10Gx TRU Level D Full Flight Simulator Cessna® TTx® Bell 407GXP Kautex NGFS® Fuel Tank Ship to Shore Connector (SSC) Beechcraft® T-6 Military Trainer Bell 412EPI Dixie Chopper® Stryker Stand-on FuryTM Precision Guided Weapon Cessna® Grand Caravan® EX Bell 505 Jet Ranger XTM TUGTM MA Tow Tractor COMMANDOTM Elite Textron’s Global Network of Businesses TEXTRON AVIATION BELL HELICOPTER INDUSTRIAL TEXTRON SYSTEMS FINANCE Textron Aviation is home Bell Helicopter is one Our Industrial segment Textron Systems’ Our Finance segment, to the iconic Beechcraft, of the leading suppliers offers three main businesses provide operated by Textron Cessna and Hawker of helicopters and product lines: fuel innovative solutions to Financial Corporation brands, and continues related spare parts and systems and functional the defense, aerospace (TFC), is a commercial to lead general aviation services in the world. components produced and general aviation finance business that through two principal Bell is the pioneer of by Kautex; specialized markets. Product lines provides financing lines of business: aircraft the revolutionary tiltrotor vehicles and equipment include unmanned solutions for purchasers of sales and aftermarket. -
2017 Fact Book Textron Inc
2017 FACT BOOK TEXTRON INC. is a $14.2 billion multi-industry company with approximately 37,000 employees. The Company leverages its global network of aircraft, defense, industrial, and finance businesses to provide customers with innovative products and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Textron Off Road, Arctic Cat, Textron Systems, and TRU Simulation + Training. Textron Revenue by Segment FINANCIAL HIGHLIGHTS Dollars in millions, except per share data 2017 2016 Change TEXTRON AVIATION 33% Revenues $14,198 $13,788 3% INDUSTRIAL 30% International revenues % 38% 38% BELL 23% Segment profit1 $ 1,169 $ 1,309 (11)% TEXTRON AVIATIONSYSTEMS 33%13% INDUSTRIALFINANCE 1% 30% Income from continuing operations—GAAP $ 306 $ 843 (64)% BELL 23% Adjusted income from continuing TEXTRON AVIATIONSYSTEMS 33%13% operations—Non-GAAP2 $ 658 $ 715 (8)% FINANCEINDUSTRIAL 1% 30% Manufacturing group debt3 $ 3,088 $ 2,777 11% BELL 23% TEXTRON SYSTEMS 13% Shareholders’ equity $ 5,647 $ 5,574 1% Textron Revenue by Type 3 FINANCE 1% Manufacturing group debt-to-capital (net of cash) 26% 23% COMMERCIAL 70% U.S. GOVERNMENT 22% OTHER MILITARY 7% Common Share Data COMMERCIALFINANCE 1% 70% Diluted EPS from continuing operations—GAAP $ 1.14 $ 3.09 (63)% U.S. GOVERNMENT 22% Adjusted diluted EPS from continuing OTHER MILITARY 7% operations—Non-GAAP2 $ 2.45 $ 2.62 (6)% FINANCECOMMERCIAL 1% 70% Dividends per share $ 0.08 $ 0.08 — U.S. GOVERNMENT 22% OTHER MILITARY 7% Diluted average shares outstanding (in thousands) 268,750 272,365 (1)% U.S. -
Aircraft Bell Helicopter
Annual Report 1998 Consistent Growth Textron delivers Consistent Growth by leveraging its present strengths, building upon its past accomplishments, and focusing on a clear vision for the future. Strengths Balanced Mix of Market-leading Businesses Innovative New Products and Technologies Disciplined Strategic Acquisition Process Continuous Improvement: Operating Philosophy that Delivers Results Strong Financial Discipline Global Capabilities that Meet Customers’ Needs Committed Workforce that is Partnering for Growth Textron is a $10 billion, global, multi-industry company with market-leading businesses in Aircraft, Automotive, Industrial and Finance. Textron has achieved an impressive nine-year track record of consistent growth in earnings and superior returns to shareholders. Textron is committed to repeating this performance well into the future. Financial Highlights % 1998 1997 change Operating Results ($ in millions) Revenues $9,683 $8,683 12% Operating income $1,040 $ 917 13% Income from continuing operations $ 443 $ 372 19% Common Share Data Earnings per share from continuing operations $ 2.68 $ 2.19 22% Dividends per share $ 1.14 $ 1.00 14% Key Performance Ratios Operating margin 10.7% 10.6% Return on average shareholders’ equity 19.6% 17.5% Return on invested capital 13.7% 13.4% Debt to total capital (Textron Manufacturing) 43% 25% 1998 Revenues by Business Segment AIRCRAFT Aircraft: Commercial and military helicopters, $3,189 (33%) tiltrotor aircraft, business jets, single-engine piston aircraft and utility turboprops AUTOMOTIVE Automotive: Interior and exterior trim, fuel $2,405 (25%) systems and functional components INDUSTRIAL Industrial: Fastening systems, fluid and $3,722 (38%) power systems, golf, turf-care and specialty products, and industrial components FINANCE Finance: Diversified commercial financing $367 (4%) To Our Shareholders: 1998 was a defining year for Textron. -
Textron Inc. Annual Report 2018
Textron Inc. Annual Report 2018 Form 10-K (NYSE:TXT) Published: February 15th, 2018 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K [ x ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2017 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 1-5480 Textron Inc. (Exact name of registrant as specified in its charter) Delaware 05-0315468 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 40 Westminster Street, Providence, RI 02903 (Address of principal executive offices) (Zip code) Registrants Telephone Number, Including Area Code: (401) 421-2800 Securities registered pursuant to Section 12(b) of the Act: Name of Each Exchange on Which Title of Each Class Registered Common Stock par value $0.125 New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ü No___ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No ü Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
Annual Report
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 2, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 1-5480 Textron Inc. (Exact name of registrant as specified in its charter) Delaware 05-0315468 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 40 Westminster Street, Providence, RI 02903 (Address of principal executive offices) (Zip code) Registrant’s Telephone Number, Including Area Code: (401) 421-2800 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock — par value $0.125 TXT New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None ______________________________________________ Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. xYes ¨ No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act . ¨ Yes x No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
2019 Fact Book 1 38% Textron Aviation’S Share of Textron 2019 Revenues TEXTRON AVIATION Cessna Denalitm Cessna Longitude®
2 019 FACT BOOK ww Textron Inc. is a $13.6 billion multi-industry company with approximately 35,000 TOTAL REVENUE TOTAL REVENUE TOTAL REVENUE employees. The Company leverages its global network of aircraft, defense, BY SEGMENT BY TYPE BY REGION industrial, and finance businesses to provide customers with innovative products and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. Financial Highlights Dollars in millions, except per share data 2019 2018 Change Revenues $13,630 $13,972 (2)% Textron Commercial 76% U.S. 66% Aviation 38% International revenues % 34% 38% U.S. Government 24% Europe 14% Segment profit1 $ 1,270 $ 1,267 0% Industrial 28% Finance <1% Asia and Income from continuing operations—GAAP $ 815 $ 1,222 (33)% Bell 24% Australia 8% Adjusted income from continuing operations—Non-GAAP2 $ 870 $ 845 3% Textron Other 12% Manufacturing Group debt3 $ 3,124 $ 3,066 2% Systems 10% Shareholders’ equity $ 5,518 $ 5,192 6% Finance <1% Manufacturing Group debt-to-capital (net of cash)2 26% 29% Common Share Data Diluted EPS from continuing operations—GAAP $ 3.50 $ 4.83 (28)% Adjusted diluted EPS from continuing TOTAL REVENUE TOTAL REVENUE TOTAL REVENUE operations—Non-GAAP2 $ 3.74 BY$ SEGMENT3.34 12% BY TYPE BY REGION Dividends per share $ 0.08 $ 0.08 — Diluted average shares outstanding (in thousands) 232,709 253,237 (8)% Key Performance Metrics ROIC4 13.3% 13.0% Net cash provided by operating activities of continuing operations—Manufacturing Group—GAAP5 $ 960 $ 1,127 (15)% Manufacturing cash flow before pension contributions— Non-GAAP3, 5 $ 642 $ 784 (18)% Manufacturing pension contributions $ 51 $ Textron 52 (2)% Commercial 76% U.S. -
Form 10-K Textron Inc
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K [ x ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 29, 2018 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 1-5480 Textron Inc. (Exact name of registrant as specified in its charter) Delaware 05-0315468 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 40 Westminster Street, Providence, RI 02903 (Address of principal executive offices) (Zip code) Registrant’s Telephone Number, Including Area Code: (401) 421-2800 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock — par value $0.125 New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicat e by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ü No___ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No ü Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
2014 FACT BOOK Textron Inc
2014 FACT BOOK Textron Inc. is a $13.9 billion multi-industry company with approximately 34,000 employees. The company leverages its global network of aircraft, defense and intelligence, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Beechcraft, Bell Helicopter, Cessna, E-Z-GO, Greenlee, Hawker, Jacobsen, Kautex, Lycoming, Textron Systems, Textron Financial Corporation and TRU Simulation + Training. KEY EXECUTIVES SCOTT C. DONNELLY FRANK T. CONNOR Scott C. Donnelly was named chief Frank T. Connor joined Textron as executive executive officer in December 2009 and vice president and chief financial officer in chairman of the board in September 2010. August 2009. Connor came to Textron after Donnelly joined Textron as executive vice a 22-year career at Goldman, Sachs & Co. president and chief operating officer in where he was most recently managing June 2008 and was promoted to president director and head of Telecom Investment in January 2009. Prior to joining Textron, Banking. Prior to that, he served as Donnelly was president and CEO for Goldman, Sachs & Co.’s chief operating General Electric (GE) Aviation. officer of Telecom, Technology and Media Scott C. Donnelly Frank T. Connor Investment Banking. Chairman, President and Executive Vice President Chief Executive Officer and Chief Financial Officer Scott A. Ernest John L. Garrison Jr. Ellen M. Lord J. Scott Hall R. Danny Maldonado Textron Aviation Bell Helicopter Textron Systems Segment Industrial Segment Finance Segment President and CEO President and CEO President and CEO President and CEO President and CEO Revenue by Segment Revenue by Customer Type Revenue by Geography Textron Aviation 33% Commercial 65% U.S. -
Annual Report
2012 ANNUAL REPORT TEXTRON TEXTRON IS KNOWN AROUND THE WORLD FOR ITS POWERFUL BRANDS OF AIRCRAFT, 2012 DEFENSE AND INDUSTRIAL PRODUCTS THAT PROVIDE CUSTOMERS WITH GROUNDBREAKING ANNUAL REPORT TECHNOLOGIES, INNOVATIVE SOLUTIONS AND FIRST-CLASS SERVICE. BILLION COMPANY N E T U 5 R 0 O 0 F RANKED $12.2 236 EMPLOYEES 33,000 COUNTRIES 25 Textron’S GLOBAL NETWORK of BUSINESSES BELL TEXTRON SYSTEMS CESSNA INDUSTRIAL Finance Bell Helicopter is one of Textron Systems is known for With the world’s largest The Industrial segment offers Our Finance segment, the leading suppliers of its unmanned aircraft systems, installed base, Cessna three main product lines: operated by Textron Financial helicopters and related spare advanced marine craft, armored continues to lead general fuel systems and functional Corporation, is a commercial parts and services in the vehicles, intelligent battlefield aviation through two principal components produced by finance business that world and is the pioneer of and surveillance systems, lines of business: aircraft sales Kautex; golf, turf care and light provides financing solutions the revolutionary tiltrotor intelligence software solutions, and aftermarket services. transportation vehicles and for purchasers of Cessna aircraft. Bell has delivered precision smart weapons, Aircraft sales include Citation equipment manufactured by aircraft,Bell helicopters more than 35,000 aircraft to piston engines, test and training jets, Caravan single-engine E-Z-GO and Jacobsen; manual and E-Z-GO golf cars and customers around the world. systems, and total life cycle utility turboprops, single- and powered professional light transportation Greater than one-third of sustainment and operational engine piston aircraft and tools, testing and measurement vehicles and Jacobsen all helicopters in operation services. -
1999 Annual Report Growthconsistent Textron Is
1999 Annual Report growthconsistent textron is an $11.6 billion global, multi-industry company focused on delivering inspired solutions to our customers and consistent growth to our shareholders. In the Aircraft, Automotive, Industrial and Finance industries, customers around the world know us for our marquee brands such as Bell Helicopter, Cessna Aircraft, Kautex, Lycoming, E-Z-GO, Greenlee, Ransomes, Camcar and David Brown, among others. Our market-leading companies are redefining industries and generating strong growth and profitability. 1999 Textron Annual Report IFC1 Aircraft page 8 Bell Helicopter page 10 Cessna Aircraft page 12 financial highlights Automotive page 14 1999 1998 change Operating Results ($ in millions) Revenues $11,579 $9,683 20% Operating income $ 1,201 $1,040 15% Industrial page 18 Income from Textron Fastening Systems page 20 continuing operations $ 623 $ 443 41% Textron Industrial Products page 22 Free cash flow from manufacturing operations $ 479 $ 232 106% Common Share Data Diluted earnings per share from continuing operations $ 4.05 $ 2.68 51% Dividends per share $ 1.30 $ 1.14 14% Finance page 24 1999 was another year of record r To Our Shareowners, Employees and Customers: In 1999, Textron delivered the ◗ Free cash flow from manufactur- strongest financial results in our ing operations rose to $479 76-year history. Our market leader- million, a marked improvement ship, industry-changing products from $232 million in 1998. and rigorous financial and man- ◗ Our year-end debt-to-capital agement discipline delivered ratio was 27%, ensuring the another year of record growth financial flexibility to support while we aggressively reshaped our future growth. -
Man. Codes/561-05
Codes MANUFACTURERS’ CODES* Codes used for each manufacturer listed in our Number-Finder are shown here. Additional sub-listings, using the same code, are shown in italics where appropriate. When a number is listed in a box in the Number-Finder, this indicates more than one manufacturer uses that number. Refer to the Manufacturers’ Codes in the box to verify the correct number. Always Check Manufacturers’ Code CODE MANUFACTURER CODE MANUFACTURER CODE MANUFACTURER CODE MANUFACTURER CODE MANUFACTURER AAP AAPCO AMBA AMBAC AUTN AUTOTUNE BILN BILLION CAPA CAPA ABAC ABAC AMBO AMERICAN BOSCH AUTO AUTO PRODUCTS BKRK BLACKROCK CAPT CAPACITY OF TEXAS ABCB ABC BUS AMCO AMERICAN MOTORS CORP. AUTP AUTOPACE BLAW BLAW-KNOX CAR CARTER ABEX ABEX DENISON Chrysler AUTT AUTOMATIC BLIT BLITZ SCHNEIDER CARO CARRARO ABG ABG AMGE AM GENERAL TRANSPORTATION BLKC BLACK CLAWSON CARR CARRIER-TRANSICOLD ABHN AUTOBAHN AMHO AMERICAN HOIST AUTV AUTOVALUE BLKS BLACKSTONE CASE CASE ACAD ACADIA & DERRICK Parts Master BLKW BLACKWELDERS David Brown ACC ACCURATE PARTS AMLA AMERICAN LAFRANCE AUW AUTOWIZE BLOU BLOUNT Davis ACD ACDELCO AMLI AMERICAN LINCOLN AUWA AUWAERTER BLPG BL-PEGSON Drott ACE ACE AMMA AMMANN AVAI AVAILABLE BLUE BLUE BIRD International Harvester Champ AMO AMOCO AVAT AVATAR Bus Spec CASI CASITE ACFB ACF-BRILL AMP AMERICAN PARTS AVCO AVCO BMW BMW (BAVARIAN MOTOR CAST CASTROL ACKL ACKLANDS Big A AVEL AVELING-BARFORD WORKS) CATP CATERPILLAR ACME ACME MACHINERY AMPR AMPAR AVER AVERY BNET BENNETT Promatch ACRA ACRAFIT AMRD AMERICAN ROAD & AVIA AVIA ASHOK LEYLAND BODE BODEY Towmotor ACT ACT EQUIPMENT MOTORS BOG BOSCH CAV C.A.V. (LUCAS-CAV) ACUR ACURA AMS AMSOIL AVLY AVCO-LYCOMING BOGE BOGE CBM CBM (CAR BUS MANS) Honda ANSA ANSALDO AWAR AWARD BOLI BOLINDER-MUNKTELL CCAR CANADIAN CAR ADAM ADAMS APC AMPCO AWD A.W.D. -
Investor Fact Book Textron
INVESTOR FACT BOOK TEXTRON Textron Inc. is a $10.5 billion multi-industry company operating in 25 countries with approximately 32,000 employees. The company leverages its global network of aircraft, defense and intelligence, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft, E-Z-GO, Greenlee, Jacobsen, Kautex, Lycoming, Textron Systems and Textron Financial Corporation. Textron Inc. consists of numerous subsidiaries and operating divisions. Please refer to the back cover for legal entity structure. Key Executives Scott C. Donnelly Frank T. Connor Chairman and Executive Vice President and Chief Executive Officer Chief Financial Officer Scott C. Donnelly was named chief executive officer Frank Connor joined Textron as executive vice in December 2009 and chairman of the board in president and chief financial officer in August 2009. September 2010. Donnelly joined Textron as executive Connor came to Textron after a 22-year career at vice president and chief operating officer in June 2008 Goldman, Sachs & Co. where, most recently, he was and was promoted to president in January 2009. Prior managing director and head of Telecom Investment to joining Textron, Donnelly was president and CEO for Banking. Prior to that, he served as Goldman, Sachs & General Electric (GE) Aviation. He also held various Co.’s chief operating officer of Telecom, Technology other management positions since joining GE in 1989.