Below are the financial statements of Textron, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | — | — | — |
| Manufacturing product revenues | 11,375a | 11,573a | 10,945a |
| Manufacturing service revenues | 2,277a | 2,055a | 1,872a |
| Finance revenues | 50a | 55a | 52a |
| Total revenues | 13,702a | 13,683a | 12,869a |
| Costs, expenses and other | — | — | — |
| Cost of products sold | -9,403a | -9,206a | -8,787a |
| Cost of services sold | -1,797a | -1,629a | -1,412a |
| Research and development costs | -491a | -570a | -601a |
| Selling and administrative expense | -1,156a | -1,225a | -1,186a |
| Interest expense, net | -97a | -77a | -107a |
| Special charges | -78a | -126a | 0a |
| Non-service components of pension and postretirement income, net | -263a | -237a | -240a |
| Total costs, expenses and other | 12,759a | 12,596a | 11,853a |
| Income from continuing operations before income taxes | 943a | 1,087a | 1,016a |
| Income tax expense | -118a | -165a | -154a |
| Income from continuing operations | 825a | 922a | 862a |
| Loss from discontinued operations | -1a | -1a | -1a |
| Net income | 824a | 921a | 861a |
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