39 Textron Inc. Annual Report • 2013
Item 8. Financial Statements andSupplementaryData
Our Consolidated Financial Statements and the related reports of our independent registered public accounting firm thereon are included in this
Annual Report onForm 10-K on the pages indicated below:
Page
Report ofManagement
40
Reports of Independent RegisteredPublicAccountingFirm
41
ConsolidatedStatements ofOperations for eachof the years in the three-year period endedDecember 28, 2013
43
ConsolidatedStatements ofComprehensive Income (Loss) for each of the years in the three-year period endedDecember 28, 2013
44
ConsolidatedBalance Sheets as ofDecember 28, 2013 andDecember 29, 2012
45
ConsolidatedStatements of Shareholders’ Equity for each of the years in the three-year period endedDecember 28, 2013
46
ConsolidatedStatements ofCashFlows for each of the years in the three-year period endedDecember 28, 2013
47
Notes to theConsolidatedFinancial Statements
Note 1.
Summary of Significant AccountingPolicies
49
Note 2.
BusinessAcquisitions, Goodwill and IntangibleAssets
53
Note 3.
AccountsReceivable andFinanceReceivables
55
Note 4.
Inventories
58
Note 5.
Property, Plant andEquipment, Net
58
Note 6.
AccruedLiabilities
58
Note 7.
Debt andCredit Facilities
59
Note 8.
Derivative Instruments andFairValueMeasurements
60
Note 9.
Shareholders’ Equity
62
Note 10.
Share-BasedCompensation
65
Note 11.
Retirement Plans
67
Note 12.
IncomeTaxes
71
Note 13.
Contingencies andCommitments
74
Note 14.
Supplemental CashFlow Information
74
Note 15.
Segment andGeographicData
75
Supplementary Information:
QuarterlyData for 2013 and2012 (Unaudited)
77
Schedule II –Valuation andQualifyingAccounts
78
All other schedules are omitted either because they are not applicable or not required or because the required information is included in the
financial statements or notes thereto.
