TXT · 10-Q · 2026Q4 · Full report

Balance Sheet and Liquidity

TEXTRON INC · 2026-10-29 · Importance 41 · Surprise 22

At October 3, 2026, the Manufacturing group held $1.610 billion in cash and equivalents and had $3.465 billion of debt, compared with $1.940 billion of cash and $3.539 billion of debt at January 3, 2026. Net debt to capital increased to 19% from 17%, while debt to capital was 30%, compared with 31%. Textron had a $1.0 billion senior unsecured revolving credit facility, with no borrowings or outstanding letters of credit at October 3, 2026. The facility expires in October 2030 and may be increased to $1.3 billion, subject to lender commitments.

Key facts

• TEXTRON INC’s Manufacturing group had $1,610 million of cash and equivalents and $3,465 million of debt at October 3, 2026, compared with $1,940 million of cash and $3,539 million of debt at January 3, 2026. source
• TEXTRON INC’s Manufacturing group net debt to capital was 19% at October 3, 2026, compared with 17% at January 3, 2026. source
• TEXTRON INC expects sufficient cash to meet its needs from existing cash balances, cash generated by manufacturing operations and availability under its existing credit facility. source
• TEXTRON INC has a $1.0 billion senior unsecured revolving credit facility, including $100 million available for letters of credit, and may increase commitments to $1.3 billion. source
• TEXTRON INC’s revolving credit facility expires in October 2030 and includes two optional one-year extensions subject to majority-lender consent. source
• TEXTRON INC had no amounts borrowed and no letters of credit outstanding under its revolving credit facility at October 3, 2026 or January 3, 2026. source
• TEXTRON INC’s Manufacturing group operating cash flow was $640 million in the first nine months of 2026, up $11 million from $629 million in the same 2025 period. source