Textron Inc. (TXT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 6.95B | 8B | 7.82B | 7.43B | 7.28B | 7.15B | 7.39B | 7.39B | 7.38B | 7.82B | 7.63B | 7.64B | 7.61B | 7.47B | 7.48B | 7.43B | 7.64B | 7.44B | 7.51B | 7.55B |
| Cash & Short-Term Investments | 1.51B | 2.02B | 1.52B | 1.43B | 1.25B | 1.44B | 1.35B | 1.41B | 1.47B | 2.18B | 1.72B | 1.75B | 1.8B | 2.04B | 1.88B | 1.84B | 2.13B | 2.12B | 2.18B | 2.19B |
| Cash Only | 1.51B | 2.02B | 1.52B | 1.43B | 1.25B | 1.44B | 1.35B | 1.41B | 1.47B | 2.18B | 1.72B | 1.75B | 1.8B | 2.04B | 1.88B | 1.84B | 2.13B | 2.12B | 2.18B | 2.19B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 885M | 823M | 1.06B | 877M | 940M | 949M | 888M | 847M | 894M | 868M | 892M | 953M | 928M | 855M | 836M | 876M | 800M | 838M | 773M | 822M |
| Days Sales Outstanding | 21.03 | 22.06 | 24.43 | 22.25 | 26 | 23.13 | 23.04 | 22.46 | 25.29 | 20.8 | 25.66 | 24.72 | 26.53 | 21.39 | 25.03 | 24.18 | 25.11 | 21.82 | 24.27 | 24.31 |
| Inventory | 4.56B | 4.28B | 4.46B | 4.34B | 4.27B | 4.07B | 4.41B | 4.38B | 4.27B | 3.91B | 4.21B | 4.11B | 3.93B | 3.55B | 3.82B | 3.74B | 3.66B | 3.47B | 3.67B | 3.66B |
| Days Inventory Outstanding | 119.15 | 116.72 | 135.85 | 130.25 | 142.03 | 142.29 | 142.4 | 138.84 | 149.05 | 114.98 | 139.13 | 127.16 | 133.06 | 109.92 | 131.59 | 127.52 | 131.63 | 116.76 | 134.23 | 126.05 |
| Other Current Assets | 0 | 872M | 775M | 777M | 829M | 687M | 750M | 749M | 755M | 857M | 815M | 829M | 949M | 1.03B | 943M | 972M | 1.05B | 1.02B | 890M | 874M |
| Total Non-Current Assets | 4.89B | 10.13B | 9.56B | 9.65B | 9.66B | 9.69B | 9.06B | 9.04B | 9.03B | 9.04B | 8.86B | 8.85B | 8.78B | 8.82B | 8.48B | 8.45B | 8.27B | 8.39B | 7.75B | 7.83B |
| Property, Plant & Equipment | 2.57B | 2.98B | 2.88B | 2.83B | 2.86B | 2.89B | 2.85B | 2.87B | 2.83B | 2.85B | 2.81B | 2.86B | 2.88B | 2.9B | 2.8B | 2.83B | 2.85B | 2.91B | 2.86B | 2.87B |
| Fixed Asset Turnover | 1.33x | 1.43x | 1.26x | 1.31x | 1.15x | 1.26x | 1.20x | 1.24x | 1.10x | 1.38x | 1.18x | 1.19x | 1.05x | 1.28x | 1.09x | 1.11x | 1.04x | 1.15x | 1.04x | 1.11x |
| Goodwill | 2.32B | 2.32B | 2.32B | 2.32B | 2.3B | 2.29B | 2.31B | 2.29B | 2.29B | 2.29B | 2.28B | 2.29B | 2.29B | 2.28B | 2.26B | 2.28B | 2.15B | 2.15B | 2.15B | 2.15B |
| Intangible Assets | 0 | 338M | 0 | 0 | 0 | 362M | 0 | 0 | 0 | 399M | 0 | 0 | 0 | 461M | 0 | 0 | 0 | 438M | 0 | 0 |
| Long-Term Investments | 0 | 574M | 596M | 585M | 610M | 603M | 595M | 585M | 582M | 585M | 599M | 574M | 555M | 563M | 566M | 561M | 578M | 605M | 596M | 652M |
| Other Non-Current Assets | 0 | 3.92B | 3.77B | 3.92B | 3.89B | 3.15B | 3.31B | 3.29B | 3.33B | 2.47B | 3.17B | 3.12B | 3.06B | 2.4B | 2.85B | 2.78B | 2.69B | 2.15B | 2.15B | 2.15B |
| Total Assets | 18.14B | 18.13B | 17.38B | 17.08B | 16.94B | 16.84B | 16.45B | 16.43B | 16.41B | 16.86B | 16.49B | 16.48B | 16.39B | 16.29B | 15.96B | 15.88B | 15.91B | 15.83B | 15.27B | 15.38B |
| Asset Turnover | 0.20x | 0.24x | 0.21x | 0.22x | 0.20x | 0.22x | 0.21x | 0.21x | 0.19x | 0.23x | 0.20x | 0.21x | 0.19x | 0.23x | 0.19x | 0.20x | 0.19x | 0.21x | 0.20x | 0.21x |
| Asset Growth % | 7.08% | 7.67% | 5.65% | 3.95% | 3.22% | -0.11% | -0.24% | -0.35% | 0.13% | 3.46% | 3.36% | 3.82% | 3.03% | 2.94% | 4.5% | 3.25% | 3.22% | 2.77% | -3.73% | -0.59% |
| Total Current Liabilities | 1.29B | 4.35B | 4.58B | 4.36B | 4.39B | 4.39B | 4.36B | 4.46B | 4.39B | 4.38B | 4.39B | 4.4B | 4.29B | 3.67B | 3.63B | 3.47B | 3.34B | 3.14B | 3.05B | 3.01B |
| Accounts Payable | 1.29B | 1.19B | 1.2B | 1.1B | 1.12B | 943M | 1.1B | 1.12B | 1.14B | 1.02B | 1.22B | 1.23B | 1.28B | 1.02B | 887M | 807M | 823M | 786M | 775M | 965M |
| Days Payables Outstanding | 33.34 | 31.83 | 35.5 | 33.56 | 35.08 | 34.23 | 35.91 | 36.22 | 39.33 | 31.7 | 40.88 | 39.66 | 40.88 | 28.42 | 29.5 | 28.08 | 29.7 | 25.53 | 31.85 | 34.18 |
| Short-Term Debt | 355M | 63M | 413M | 410M | 410M | 412M | 415M | 414M | 414M | 412M | 410M | 410M | 412M | 61M | 63M | 63M | 63M | 62M | 65M | 64M |
| Deferred Revenue (Current) | 0 | 1.9B | 0 | 0 | 0 | 1.73B | 0 | 0 | 0 | 1.59B | 0 | 0 | 0 | 1.42B | 0 | 0 | 0 | 1.1B | 0 | 0 |
| Other Current Liabilities | -355M | 766M | 2.97B | 2.85B | 2.86B | 849M | 2.85B | 2.92B | 2.85B | 882M | 2.76B | 2.77B | 2.6B | 761M | 2.68B | 2.6B | 2.45B | 706M | 2.21B | 1.98B |
| Current Ratio | 5.40x | 1.84x | 1.71x | 1.70x | 1.66x | 1.63x | 1.70x | 1.66x | 1.68x | 1.79x | 1.74x | 1.73x | 1.77x | 2.04x | 2.06x | 2.14x | 2.29x | 2.37x | 2.46x | 2.51x |
| Quick Ratio | 1.86x | 0.85x | 0.73x | 0.71x | 0.69x | 0.70x | 0.68x | 0.67x | 0.71x | 0.89x | 0.78x | 0.80x | 0.86x | 1.07x | 1.01x | 1.06x | 1.19x | 1.27x | 1.26x | 1.29x |
| Cash Conversion Cycle | 106.84 | 106.95 | 124.78 | 118.94 | 132.95 | 131.2 | 129.52 | 125.08 | 135 | 104.08 | 123.92 | 112.22 | 118.72 | 102.89 | 127.12 | 123.62 | 127.04 | 113.05 | 126.66 | 116.18 |
| Total Non-Current Liabilities | 8.85B | 5.9B | 5.31B | 5.28B | 5.28B | 5.24B | 5.14B | 5.12B | 5.09B | 5.49B | 5.04B | 5.05B | 5.1B | 5.51B | 5.57B | 5.6B | 5.66B | 5.88B | 6.18B | 6.27B |
| Long-Term Debt | 3.11B | 3.87B | 3.38B | 3.38B | 3.38B | 3.23B | 3.23B | 3.23B | 3.16B | 3.52B | 3.17B | 3.18B | 3.19B | 3.55B | 3.56B | 3.56B | 3.65B | 3.76B | 3.77B | 3.83B |
| Capital Lease Obligations | 0 | 346M | 355M | 299M | 313M | 316M | 318M | 323M | 334M | 326M | 319M | 325M | 328M | 326M | 311M | 310M | 317M | 325M | 336M | 332M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 133M | 0 | 0 | 0 | 112M | 0 | 0 | 0 | 95M | 0 | 0 | 0 | 110M | 0 | 0 |
| Other Non-Current Liabilities | 5.74B | 1.68B | 1.58B | 1.61B | 1.59B | 1.56B | 1.6B | 1.57B | 1.59B | 1.54B | 1.54B | 1.54B | 1.57B | 1.54B | 1.7B | 1.74B | 1.69B | 1.68B | 2.08B | 2.11B |
| Total Liabilities | 10.14B | 10.25B | 9.89B | 9.64B | 9.67B | 9.63B | 9.5B | 9.57B | 9.48B | 9.87B | 9.43B | 9.45B | 9.38B | 9.18B | 9.19B | 9.08B | 8.99B | 9.01B | 9.23B | 9.28B |
| Total Debt | 3.47B | 4.28B | 4.15B | 4.09B | 4.1B | 3.96B | 3.96B | 3.96B | 3.91B | 4.25B | 3.9B | 3.91B | 3.93B | 3.94B | 3.93B | 3.93B | 4.03B | 4.15B | 4.17B | 4.22B |
| Net Debt | 1.96B | 2.26B | 2.62B | 2.65B | 2.86B | 2.52B | 2.61B | 2.55B | 2.44B | 2.07B | 2.19B | 2.16B | 2.13B | 1.9B | 2.05B | 2.09B | 1.9B | 2.03B | 1.98B | 2.03B |
| Debt / Equity | 0.43x | 0.54x | 0.55x | 0.55x | 0.56x | 0.55x | 0.57x | 0.58x | 0.56x | 0.61x | 0.55x | 0.56x | 0.56x | 0.55x | 0.58x | 0.58x | 0.58x | 0.61x | 0.69x | 0.69x |
| Debt / EBITDA | 10.76x | 7.03x | 11.03x | 11.08x | 13.85x | 15.96x | 12.73x | 10.29x | 13.34x | 10.18x | 9.32x | 8.72x | 11.60x | 12.42x | 12.09x | 11.84x | 13.56x | 11.85x | 13.10x | 13.40x |
| Net Debt / EBITDA | 6.08x | 3.71x | 6.98x | 7.19x | 9.65x | 10.15x | 8.40x | 6.63x | 8.33x | 4.96x | 5.22x | 4.82x | 6.29x | 6.00x | 6.30x | 6.30x | 6.40x | 5.80x | 6.24x | 6.46x |
| Interest Coverage | 7.79x | 42.43x | 11.53x | 10.71x | 9.31x | 6.04x | 10.69x | 13.92x | 12.85x | 13.11x | 16.84x | 18.32x | 12.35x | 24.36x | 12.00x | 9.48x | 8.25x | 8.48x | 7.61x | 7.06x |
| Total Equity | 8B | 7.88B | 7.49B | 7.43B | 7.28B | 7.2B | 6.95B | 6.85B | 6.93B | 6.99B | 7.07B | 7.03B | 7.01B | 7.11B | 6.76B | 6.8B | 6.92B | 6.82B | 6.04B | 6.1B |
| Equity Growth % | 9.99% | 9.31% | 7.8% | 8.48% | 4.96% | 3.11% | -1.64% | -2.59% | -1.1% | -1.77% | 4.51% | 3.43% | 1.32% | 4.37% | 12.01% | 11.47% | 15.36% | 16.6% | 5.16% | 10.39% |
| Book Value per Share | 45.42 | 43.69 | 41.83 | 41.72 | 39.61 | 38.82 | 36.78 | 35.71 | 35.57 | 35.36 | 35.34 | 34.73 | 33.85 | 33.23 | 31.73 | 31.39 | 31.50 | 31.42 | 26.65 | 26.71 |
| Total Shareholders' Equity | 8B | 7.88B | 7.49B | 7.43B | 7.28B | 7.2B | 6.95B | 6.85B | 6.93B | 6.99B | 7.07B | 7.03B | 7.01B | 7.11B | 6.76B | 6.8B | 6.92B | 6.82B | 6.04B | 6.1B |
| Common Stock | 22M | 22M | 23M | 23M | 23M | 23M | 25M | 25M | 25M | 24M | 26M | 26M | 26M | 26M | 28M | 28M | 28M | 28M | 29M | 29M |
| Retained Earnings | 6B | 5.78B | 6.28B | 6.05B | 5.81B | 5.61B | 6.53B | 6.31B | 6.06B | 5.86B | 6.61B | 6.35B | 6.09B | 5.9B | 6.49B | 6.27B | 6.06B | 5.87B | 6.5B | 6.32B |
| Treasury Stock | 0 | -55M | -722M | -514M | -299M | -82M | -1.06B | -844M | -484M | -165M | -976M | -740M | -464M | -84M | -796M | -596M | -314M | -157M | -789M | -490M |
| Accumulated OCI | 111M | 129M | -173M | -169M | -265M | -304M | -632M | -693M | -681M | -644M | -628M | -574M | -586M | -612M | -942M | -855M | -779M | -789M | -1.67B | -1.68B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |