BANKERS TRUST NEW YORK CORPORATION
One Bankers Trust Plaza
New York, New York 10006
Damian P. Reitemeyer
Vice President
Telephone: (212) 250-4599
February 13, 1998
Securities and Exchange Commission
SEC Document Control
450 Fifth Street, N.W.
Washington, DC 20549
Attn: Filing Desk
Dear Sirs:
Re: Filing of Schedule 13G on
Textron Inc.
Pursuant to Rule 13d-1 of the General Rules and
Regulations under the Securities Exchange Act of
1934, the following is one copy of the Schedule
13G with respect to the common stock of the above
referenced corporation.
Please acknowledge your receipt of the Schedule 13G filing
submission through the EDGAR-Link System software, by E-Mail
confirmation.
Sincerely,
Damian P. Reitmeyer
Enclosures
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 10 )*
Textron Inc.
_______________________________________
NAME OF ISSUER:
Common Stock (Par Value $0.1225)
_______________________________________
TITLE OF CLASS OF SECURITIES
883203101
_______________________________________
CUSIP NUMBER
Check the following box if a fee is beingpaid with
this statement [ ]. (A fee is not requiredonly if
the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five
percent of the class of securities described in Item
1; and (2) has filed no amendment subsequent thereto
reporting beneficial ownership of five percent or less
of such class.) (See Rule 13d-7.)
*The remainder of this cover page shall be filled out
for a reporting person's initial filing on this form
with respect to the subject class of securities, and
for any subsequent amendment containing information
which would alter the disclosures provided in a prior
cover page.
The information required in the remainder of this
cover page shall not be deemed to be "filed" for the
purpose of Section 18 of the Securities Exchange Act
of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be
subject to all other provisions of the Act (however,
see the Notes).
(Continued on following page(s))
Page 1 of 7 Pages
CUSIP No. 883203101 Page 2 of 7 Pages
1.NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Bankers Trust New York Corporation, its wholly-owned
subsidiary, Bankers Trust Company. 13-6180473
2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
*
(A) [ ]
(B) [ ]
3.SEC USE ONLY
4.CITIZENSHIP OR PLACE OF ORGANIZATION
Bankers Trust New York Corporation and Bankers Trust
Company are New York Corporations
NUMBER OF 5. SOLE VOTING POWER
SHARES
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON 8. SHARED DISPOSITIVE POWER
WITH
CUSIP No. 883203101 Page 3 of 7 Pages
9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(9) EXCLUDES CERTAIN SHARES *
[ ]
11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.TYPE OF REPORTING PERSON *
Bankers Trust New York Corporation - HC
Bankers Trust Company - BK;
CUSIP No. 883203101 Page 4 of
7 Pages
Item 1(a) NAME OF ISSUER:
Textron Inc.
Item 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE
OFFICES:
40 Westminster Street
Providence, Rhode Island 02903
Item 2(a) NAME OF PERSON FILING:
Bankers Trust New York Corporation and its
wholly-owned subsidiary, Bankers Trust Company.
Item 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
130 Liberty Street
New York, New York 10006
Item 2(c) CITIZENSHIP:
Bankers Trust New York Corporation, Bankers
Trust Company,are corporations incorporated
in the State of New York with their principal
business offices located in New York.
CUSIP No. 883203101 Page 5 of 7 Pages
Item 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock (Par Value $0.1225) of Textron
Inc., a Delaware corporation.
Item 2(e) CUSIP NUMBER:
883203101
Item 3 THE PERSON FILING IS A:
For Bankers Trust New York Corporation,
(g) [X] Parent Holding Company, in accordance with
Section 240.13d-1(b)(ii)(G)
For Bankers Trust Company,
(b) [X] Bank as defined in section 3(a)(6) of the
Act.
Item 4 OWNERSHIP:
(a) Amount Beneficially Owned:
(b) Percent of Class:
(c) Number of shares as to which the Bank has:
(i) sole power to vote or to directthe
vote -
(ii) shared power to vote or to direct the
vote -
(iii)sole power to dispose or to direct the
disposition of -
(iv) shared power to dispose or to direct the
disposition of -
CUSIP No. 883203101 Page 6 of 7 Pages
Item 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
If this statement is being filed to
report the fact that as of the date
hereof the reporting person has
ceased to be the beneficial owner of
more than five percent of the class of
securities, check the following [X].
Item 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF
OF ANOTHER PERSON:
Item 7 IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE PARENT HOLDING COMPANY:
See Item 3 above.
Item 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF
THE GROUP:
Not applicable.
Item 9 NOTICE OF DISSOLUTION OF GROUP:
Not applicable.
CUSIP No. 883203101 Page 7 of
7 Pages
Item 10 CERTIFICATION:
By signing below I certify that, to the best
of my knowledge and belief, the securities referred
to above were acquired in the ordinary course of
business and were not acquired for the purpose of
and do not have the effect of changing or influencing
the control of the issuer of such securities and were
not acquired in connection with or as a participant
in any transaction having such purpose or effect.
SIGNATURE:
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set forth
in this statement is true, complete and correct.
Date: as of December 31, 1997
Signature: Bankers Trust New York Corporation
By: /s/James T. Byrne, Jr.
Name: James T. Byrne, Jr.
Title: Secretary
EXHIBIT TO ITEM 7
The chain of ownership from Bankers Trust New York
Corporation to Bankers Trust Company is shown
below:
Bankers Trust New York Corporation
|
100%
|
Bankers Trust Company
