Nine Months
Ended
September 30, 2000
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Fixed charges:

     Interest expense

$116

     Distributions on preferred securities of manufacturing subsidiary trust,
           net of income taxes

19

     Estimated interest portion of rents

23
- - - - - - - - - - - - -

          Total fixed charges

$158
= = = = = = = = =

Income:

     Income before income taxes and distributions on preferred
          securities of subsidiary trusts

$804

Eliminate equity in undistributed pre-tax income of Textron Finance

(83)

Fixed charges *

139
- - - - - - - - - - - - -

          Adjusted income

$860
= = = = = = = = =

Ratio of income to fixed charges

5.44
= = = = = = = = =