TEXTRON INC
For the period ended Dec 28, 2024. Filed Feb 6, 2025.
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FY2024 · Filed Feb 6, 2025
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
Consolidated Balance Sheets
| (In millions, except share data) | December 28,2024 | December 30,2023 |
|---|---|---|
| Assets | ||
| Manufacturing group | ||
| Cash and equivalents | $1,386 | $2,121 |
| Accounts receivable, net | 949 | 868 |
| Inventories | 4,071 | 3,914 |
| Other current assets | 687 | 857 |
| Total current assets | 7,093 | 7,760 |
| Property, plant and equipment, net | 2,529 | 2,477 |
| Goodwill | 2,288 | 2,295 |
| Other assets | 4,248 | 3,663 |
| Total Manufacturing group assets | 16,158 | 16,195 |
| Finance group | ||
| Cash and equivalents | 55 | 60 |
| Finance receivables, net | 603 | 585 |
| Other assets | 22 | 16 |
| Total Finance group assets | 680 | 661 |
| Total assets | $16,838 | $16,856 |
| Liabilities and shareholders’ equity | ||
| Liabilities | ||
| Manufacturing group | ||
| Current portion of long-term debt | $357 | $357 |
| Accounts payable | 943 | 1,023 |
| Other current liabilities | 3,094 | 2,998 |
| Total current liabilities | 4,394 | 4,378 |
| Other liabilities | 1,945 | 1,904 |
| Long-term debt | 2,890 | 3,169 |
| Total Manufacturing group liabilities | 9,229 | 9,451 |
| Finance group | ||
| Other liabilities | 64 | 70 |
| Debt | 341 | 348 |
| Total Finance group liabilities | 405 | 418 |
| Total liabilities | 9,634 | 9,869 |
| Shareholders’ equity | ||
| Common stock (184.0 million and 195.0 million shares issued, respectively, and 183.0 million and 192.9 million shares outstanding, respectively) | 23 | 24 |
| Capital surplus | 1,960 | 1,910 |
| Treasury stock | (82) | (165) |
| Retained earnings | 5,607 | 5,862 |
| Accumulated other comprehensive loss | (304) | (644) |
| Total shareholders’ equity | 7,204 | 6,987 |
| Total liabilities and shareholders’ equity | $16,838 | $16,856 |
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