Finance
0%
Finance’s
share of Textron
2016 revenues
share of Textron
2016 revenues
The Finance segment provides financing primarily to customers purchasing Textron Aviation aircraft and Bell helicopters. Textron Financial Corporation and its consolidated subsidiaries comprise the Finance segment.
Key Data
| (Dollars in millions) | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|
| Finance | |||||
| Total finance receivables1 | $976 | $1,135 | $1,289 | $1,548 | $2,074 |
| 60-Day + delinquency | 4.23% | 6.24% | 4.55% | 5.39% | 4.65% |
| Nonaccrual % | 9.20% | 7.60% | 6.46% | 7.08% | 7.39% |
| Debt to shareholders’ equity | 5.75x | 5.22x | 4.75x | 6.01x | 4.74x |
| Revenues | $78 | $83 | $103 | $132 | $215 |
| Segment profit2 | $19 | $24 | $21 | $49 | $64 |
| Total assets | $1,280 | $1,316 | $1,529 | $1,725 | $2,322 |
| Dividends paid to Textron Inc. | $29 | $63 | $ — | $ 175 | $ 345 |
| Capital contributions paid to | |||||
| Finance group | $ — | $ — | $ — | $1 | $240 |
- Finance receivables include finance receivables held for sale.
- Segment profit for the Finance segment includes interest income and expense along with intercompany interest income and expense.
Sources of Funding
Finance Receivables
Citation Latitude
Bell 407GXP
Cessna Grand Caravan EX
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