Textron 2021 Proxy Statement

TEXTRON 2021 PROXY STATEMENT 29 The table below lists the 2019 talent peer group companies and Textron showing fiscal 2018 revenues. The 2019 talent peer group was referenced in setting target pay for 2020. 2019 Talent Peer Group Company Name Industry 2018 Revenue ($ in billions) Honeywell International Inc. Industrial Conglomerates $41.8 General Dynamics Corporation Aerospace/Defense 36.2 Northrop Grumman Corporation Aerospace/Defense 30.1 Eaton Corporation Plc Technology/Engineering 21.6 Lear Corporation Automotive 21.1 Emerson Electric Co. Technology/Engineering 17.4 Ingersoll-Rand Plc General Manufacturing 15.7 The Goodyear Tire & Rubber Company Automotive 15.5 Illinois Tool Works Inc. General Manufacturing 14.8 Parker-Hannifin Corporation General Manufacturing 14.3 BorgWarner Inc. Automotive 10.5 Oshkosh Corporation. General Manufacturing 7.7 Spirit AeroSystems Holdings, Inc. Aerospace/Defense 7.2 Rockwell Automation Inc. Technology/Engineering 6.7 L3Harris Technologies, Inc Aerospace/Defense 6.2 Terex Corporation General Manufacturing 5.1 KBR, Inc. Technology/Engineering 4.9 $21.1 $14.8 $7.2 75th Percentile Median 25th Percentile $14.0 43% Textron Inc. Textron Percentile Rank The 2020 talent peer group referenced in setting target pay for 2021 was changed to remove Ingersoll-Rand Plc due to a spin-off and merger of its industrial segment, leaving a company which no longer meets our industry selection criteria for the peer group.