TEXTRON INC
For the period ended Dec 30, 2023. Filed Feb 12, 2024.
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FY2023 · Filed Feb 12, 2024
TXT$86.82+1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of and
| (In millions, except share data) | December 30,2023 | December 31,2022 |
|---|---|---|
| Assets | ||
| Manufacturing group | ||
| Cash and equivalents | $2,121 | $1,963 |
| Accounts receivable, net | 868 | 855 |
| Inventories | 3,914 | 3,550 |
| Other current assets | 857 | 1,033 |
| Total current assets | 7,760 | 7,401 |
| Property, plant and equipment, net | 2,477 | 2,523 |
| Goodwill | 2,295 | 2,283 |
| Other assets | 3,663 | 3,422 |
| Total Manufacturing group assets | 16,195 | 15,629 |
| Finance group | ||
| Cash and equivalents | 60 | 72 |
| Finance receivables, net | 585 | 563 |
| Other assets | 16 | 29 |
| Total Finance group assets | 661 | 664 |
| Total assets | $16,856 | $16,293 |
| Liabilities and shareholders’ equity | ||
| Liabilities | ||
| Manufacturing group | ||
| Current portion of long-term debt | $357 | $7 |
| Accounts payable | 1,023 | 1,018 |
| Other current liabilities | 2,998 | 2,645 |
| Total current liabilities | 4,378 | 3,670 |
| Other liabilities | 1,904 | 1,879 |
| Long-term debt | 3,169 | 3,175 |
| Total Manufacturing group liabilities | 9,451 | 8,724 |
| Finance group | ||
| Other liabilities | 70 | 81 |
| Debt | 348 | 375 |
| Total Finance group liabilities | 418 | 456 |
| Total liabilities | 9,869 | 9,180 |
| Shareholders’ equity | ||
| Common stock (195.0 million and 207.4 million shares issued, respectively, and 192.9 million and 206.2 million shares outstanding, respectively) | 24 | 26 |
| Capital surplus | 1,910 | 1,880 |
| Treasury stock | (165) | (84) |
| Retained earnings | 5,862 | 5,903 |
| Accumulated other comprehensive loss | (644) | (612) |
| Total shareholders’ equity | 6,987 | 7,113 |
| Total liabilities and shareholders’ equity | $16,856 | $16,293 |
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