For the quarter ending 2026-04-04, TXT had -$415M decrease in cash & cash equivalents over the period. -$250M in free cash flow.
| Cash Flow | 2026-04-04 | 2026-01-03 | 2025-09-27 | 2025-06-28 |
|---|---|---|---|---|
| Net income | 220 | 236 | 235 | 452 |
| Depreciation and amortization | 96 | 112 | 97 | 100 |
| Deferred income taxes | 44 | 31 | 146 | 0 |
| Asset impairments and powersports inventory charge | - | 1 | - | - |
| Gain on business disposition | - | 0 | 0 | 4 |
| Other, net | -42 | -33 | -28 | -32 |
| Accounts receivable, net | 61 | -233 | 180 | -38 |
| Inventories | 289 | -173 | 153 | 101 |
| Other assets | 104 | 71 | -65 | -66 |
| Accounts payable | 162 | -65 | 99 | -8 |
| Other liabilities | -148 | 78 | 154 | 82 |
| Income taxes, net | -5 | -6 | -85 | 7 |
| Pension, net | -60 | -58 | -57 | -58 |
| Captive finance receivables, net | 13 | -13 | 4 | 13 |
| Other operating activities, net | 1 | 10 | -4 | -2 |
| Net cash provided by operating activities of continuing operations | - | 700 | 349 | 264 |
| Net cash used in operating activities of discontinued operations | - | 0 | 0 | -1 |
| Net cash provided by (used in) operating activities | -117 | 700 | 349 | 387 |
| Capital expenditures | 133 | 173 | 76 | 78 |
| Net proceeds from corporate-owned life insurance policies | 1 | 3 | 20 | 26 |
| Net proceeds from business disposition | - | 0 | 0 | 16 |
| Proceeds from sale of property, plant and equipment | 2 | 0 | 0 | 9 |
| Net cash used in business acquisitions | - | 0 | 0 | 1 |
| Finance receivables repaid | 7 | 20 | 5 | 8 |
| Finance receivables originated | 9 | 18 | 19 | 21 |
| Proceeds from the disposition of leveraged leases | - | - | - | 59 |
| Proceeds from the disposition of non-captive assets | 24 | 6 | 66 | - |
| Other investing activities, net | -4 | 0 | -1 | 0 |
| Net cash provided by (used in) investing activities | -104 | -162 | -62 | 18 |
| Net proceeds from long-term debt | - | 991 | - | - |
| Proceeds from issuance of debt | 0 | - | 0 | 0 |
| Principal payments on long-term debt and nonrecourse debt | 74 | 353 | 3 | 9 |
| Purchases of textron common stock | 168 | 187 | 206 | 214 |
| Proceeds from stock options exercised | 56 | 15 | 15 | 4 |
| Dividends paid | 3 | 7 | 4 | 4 |
| Other financing activities, net | -4 | 0 | 1 | -9 |
| Net cash used in financing activities | -193 | -36 | -197 | -232 |
| Effect of exchange rate changes on cash and equivalents | -1 | 1 | -2 | 16 |
| Net increase (decrease) in cash and equivalents | -415 | 503 | 88 | 189 |
| Cash and equivalents at beginning of period | 2,025 | 1,522 | 1,434 | 1,245 |
| Cash and equivalents at end of period | 1,610 | 2,025 | 1,522 | 1,434 |
TEXTRON INC (TXT)
TEXTRON INC (TXT)