FINANCE
#

Finance’s
share of Textron 2017 revenues

The Finance segment provides financing primarily to customers purchasing new and pre-owned Textron Aviation aircraft and Bell helicopters. Textron Financial Corporation and its consolidated subsidiaries comprise the Finance segment.

Key data

(Dollars in millions) 2017 2016 2015 2014 2013
Finance
Total finance receivables1 $850 $976 $1,135 $1,289 $1,548
60-Day + delinquency 4.00% 4.23% 6.24% 4.55% 5.39%
Nonaccrual % 7.18% 9.20% 7.60% 6.46% 7.08%
Debt to shareholders’ equity 3.81x 5.75x 5.22x 4.75x 6.01x
Revenues $69 $78 $83 $103 $132
Segment profit2 $22 $19 $24 $21 $49
Total assets $1,169 $1,280 $1,316 $1,529 $1,725
Dividends paid to Textron Inc. $ — $29 $63 $ — $175
  1. 1 Finance receivables include finance receivables held for sale.
  2. 2 Segment profit for the Finance segment includes interest income and expense along with intercompany interest income and expense.

SOURCES OF FUNDING

FINANCE RECEIVABLES

finance-one

Bell 412EP

finance-two

King Air 250

finance-three

Bell Cessna Citation M2