TXT 10-K Annual Report Dec. 29, 2018 | Alphaminr

TXT 10-K Fiscal year ended Dec. 29, 2018

TEXTRON INC
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TABLE OF CONTENTS
Part IItem 1. BusinessItem 1A. Risk FactorsItem 1B. Unresolved Staff CommentsItem 2. PropertiesItem 3. Legal ProceedingsItem 4. Mine Safety DisclosuresPart IIItem 5. Market For Registrant S Common Equity, Related Stockholder Matters and Issuer Purchases Of Equity SecuritiesItem 6. Selected Financial DataItem 7. Management S Discussion and Analysis Of Financial Condition and Results Of OperationsItem 7. ManageItem 7A. Quantitative and Qualitative Disclosures About Market RiskItem 8. Financial Statements and Supplementary DataNote 1. Summary Of Significant Accounting PoliciesNote 2. Business Disposition and AcquisitionsNote 3. Goodwill and Intangible AssetsNote 4. Accounts Receivable and Finance ReceivablesNote 5. InventoriesNote 6. Property, Plant and Equipment, NetNote 7. Other Current LiabilitiesNote 8. Debt and Credit FacilitiesNote 9. Derivative Instruments and Fair Value MeasurementsNote 10. Shareholders EquityNote 11. Segment and Geographic DataNote 12. RevenuesNote 13. Share-based CompensationNote 14. Retirement PlansNote 15. Special ChargesNote 16. Income TaxesNote 17. Commitments and ContingenciesNote 18. Supplemental Cash Flow InformationItem 9. Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem 9A. Controls and ProceduresPart IIIItem 10. Directors, Executive Officers and Corporate GovernanceItem 11. Executive CompensationItem 12. Security Ownership Of Certain Beneficial Owners and Management and Related Stockholder MattersItem 13. Certain Relationships and Related Transactions and Director IndependenceItem 14. Principal Accountant Fees and ServicesPart IVItem 15. Exhibits and Financial Statement SchedulesItem 16. Form 10-k Summary

Exhibits

3.1A Restated Certificate of Incorporation of Textron as filed with the Secretary of State of Delaware on April29, 2010. Incorporated by reference to Exhibit3.1 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended April3, 2010. (SEC File No.1-5480) 3.1B Certificate of Amendment of Restated Certificate of Incorporation of Textron Inc., filed with the Secretary of State of Delaware on April27, 2011. Incorporated by reference to Exhibit3.1 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended April2, 2011. (SEC File No.1-5480) 3.2 Amended and Restated By-Laws of Textron Inc., effective April28, 2010 and further amended April27, 2011, July23, 2013, February25, 2015 and December6, 2016. Incorporated by reference to Exhibit3.2 to Textrons Current Report on Form8-K filed on December8, 2016. 4.1A Support Agreement dated as of May25, 1994, between Textron Inc. and Textron Financial Corporation. Incorporated by reference to Exhibit4.1 to Textrons Annual Report on Form10-K for the fiscal year ended December31, 2011. (SEC File No.1-5480) 4.1B Amendment to Support Agreement, dated as of December23, 2015, by and between Textron Inc. and Textron Financial Corporation. Incorporated by reference to Exhibit4.1B to Textrons Annual Report on Form10-K for the fiscal year ended January2, 2016. 10.1A Textron Inc. 2007 Long-Term Incentive Plan (Amended and Restated as of April28, 2010). Incorporated by reference to Exhibit10.1 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended March31, 2012. (SEC File No.1-5480) 10.1B Formof Non-Qualified Stock Option Agreement. Incorporated by reference to Exhibit10.2 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended June30, 2007. (SEC File No.1-5480) 10.1C Formof Incentive Stock Option Agreement. Incorporated by reference to Exhibit10.3 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended June30, 2007. (SEC File No.1-5480) 10.1D Formof Restricted Stock Unit Grant Agreement. Incorporated by reference to Exhibit10.4 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended June30, 2007. (SEC File No.1-5480) 10.1E Formof Restricted Stock Unit Grant Agreement with Dividend Equivalents. Incorporated by reference to Exhibit10.2 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended March29, 2008. (SEC File No.1-5480) 10.1F Formof Performance Share Unit Grant Agreement. Incorporated by reference to Exhibit10.1H to Textrons Annual Report on Form10-K for the fiscal year ended January3, 2009. (SEC File No.1-5480) 10.1G Formof Non-Qualified Stock Option Agreement. Incorporated by reference to Exhibit10.1 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended March29, 2014. (SEC File No.1-5480) 10.1H Formof Stock-Settled Restricted Stock Unit Grant Agreement with Dividend Equivalents. Incorporated by reference to Exhibit10.2 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended March29, 2014. (SEC File No.1-5480) 10.1I Formof Performance Share Unit Grant Agreement. Incorporated by reference to Exhibit10.3 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended March29, 2014. (SEC File No.1-5480) 10.2 Textron Inc. Short-Term Incentive Plan. Incorporated by reference to Exhibit10.2 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended April1, 2017. 10.3A Textron Inc. 2015 Long-Term Incentive Plan. Incorporated by reference to Exhibit10.1 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended July4, 2015. 10.3B Formof Non-Qualified Stock Option Agreement under 2015 Long-Term Incentive Plan. Incorporated by reference to Exhibit10.1 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended April2, 2016. 10.3C Formof Stock-Settled Restricted Stock Unit (with Dividend Equivalents) Grant Agreement under 2015 Long-Term Incentive Plan. Incorporated by reference to Exhibit10.2 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended April2, 2016. 10.3D Formof Performance Share Unit Grant Agreement under 2015 Long-Term Incentive Plan. Incorporated by reference to Exhibit10.3 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended April2, 2016. 10.4 Textron Spillover Savings Plan, effective October5, 2015. Incorporated by reference to Exhibit10.4 to Textrons Annual Report on Form10-K for the fiscal year ended January2, 2016. 10.5A Textron Spillover Pension Plan, As Amended and Restated Effective January3, 2010, including Appendix A (as amended and restated effective January3, 2010), Defined Benefit Provisions of the Supplemental Benefits Plan for Textron Key Executives (As in effect before January1, 2007). Incorporated by reference to Exhibit10.4 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended April3, 2010. (SEC File No.1-5480) 10.5B Amendments to the Textron Spillover Pension Plan, dated October12, 2011. Incorporated by reference to Exhibit10.5B to Textrons Annual Report on Form10-K for the fiscal year ended December31, 2011. (SEC File No.1-5480) 10.5C Second Amendment to the Textron Spillover Pension Plan, dated October7, 2013. Incorporated by reference to Exhibit10.5C to Textrons Annual Report on Form10-K for the fiscal year ended December28, 2013. (SEC File No.1-5480) 10.6 Deferred Income Plan for Textron Executives, Effective October5, 2015. Incorporated by reference to Exhibit10.6 to Textrons Annual Report on Form10-K for the fiscal year ended January2, 2016. 10.7A Deferred Income Plan for Non-Employee Directors, As Amended and Restated Effective January1, 2009, including Appendix A, Prior Plan Provisions (As in effect before January1, 2008). Incorporated by reference to Exhibit10.9 to Textrons Annual Report on Form10-K for the fiscal year ended January3, 2009. (SEC File No.1-5480) 10.7B Amendment No.1 to Deferred Income Plan for Non-Employee Directors, as Amended and Restated Effective January1, 2009, dated as of November6, 2012. Incorporated by reference to Exhibit10.8B to Textrons Annual Report on Form10-K for the fiscal year ended December29, 2012. (SEC File No.1-5480) 10.7C Amendment No.2 to Deferred Income Plan for Non-Employee Directors, as Amended and Restated Effective January1, 2009. Incorporated by reference to Exhibit10.1 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended April1, 2017. 10.8A Severance Plan for Textron Key Executives, As Amended and Restated Effective January1, 2010. Incorporated by reference to Exhibit10.10 to Textrons Annual Report on Form10-K for the fiscal year ended January2, 2010. (SEC File No.1-5480) 10.8B First Amendment to the Severance Plan for Textron Key Executives, dated October26, 2010. Incorporated by reference to Exhibit10.10B to Textrons Annual Report on Form10-K for the fiscal year ended January1, 2011. (SEC File No.1-5480) 10.8C Second Amendment to the Severance Plan for Textron Key Executives, dated March24, 2014. Incorporated by reference to Exhibit10.5 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended March29, 2014. (SEC File No.1-5480) 10.9 Formof Indemnity Agreement between Textron and its executive officers. Incorporated by reference to Exhibit10.9 to Textrons Annual Report on Form10-K for the fiscal year ended December30, 2017. 10.10 Formof Indemnity Agreement between Textron and its non-employee directors (approved by the Nominating and Corporate Governance Committee of the Board of Directors on July21, 2009 and entered into with all non-employee directors, effective as of August1, 2009). Incorporated by reference to Exhibit10.1 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended October3, 2009. (SEC File No.1-5480) 10.11A Letter Agreement between Textron and Scott C. Donnelly, dated June26, 2008. Incorporated by reference to Exhibit10.1 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended June28, 2008. (SEC File No.1-5480) 10.11B Amendment to Letter Agreement between Textron and Scott C. Donnelly, dated December16, 2008, together with Addendum No.1 thereto, dated December23, 2008. Incorporated by reference to Exhibit10.15B to Textrons Annual Report on Form10-K for the fiscal year ended January3, 2009. (SEC File No.1-5480) 10.11C Amended and Restated Hangar License and Services Agreement, made and entered into as of October1, 2015, between Textron Inc. and Mr.Donnellys limited liability company. Incorporated by reference to Exhibit10.2 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended October3, 2015. 10.12A Letter Agreement between Textron and Frank Connor, dated July27, 2009. Incorporated by reference to Exhibit10.2 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended October3, 2009. (SEC File No.1-5480) 10.12B Amended and Restated Hangar License and Services Agreement, made and entered into on July24, 2015, between Textron Inc. and Mr.Connors limited liability company. Incorporated by reference to Exhibit10.3 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended October3, 2015. 10.13 Letter Agreement between Textron and Julie G. Duffy, dated July27, 2017. Incorporated by reference to Exhibit10.1 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended September30, 2017. 10.14A Letter Agreement between Textron and E. Robert Lupone, dated December22, 2011. Incorporated by reference to Exhibit10.17 to Textrons Annual Report on Form10-K for the fiscal year ended December31, 2011. (SEC File No.1-5480) 10.14B Amendment to letter agreement between Textron and E. Robert Lupone, dated July27, 2012. Incorporated by reference to Exhibit10.5 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended September29, 2012. (SEC File No.1-5480) 10.15 Director Compensation. Incorporated by reference to Exhibit10.15 to Textrons Annual Report on Form10-K for the fiscal year ended December30, 2017. 10.16 Formof Aircraft Time Sharing Agreement between Textron and its executive officers.Incorporated by reference to Exhibit10.3 to Textrons Quarterly Report on Form10-Q for the fiscal quarter ended September27, 2008. (SEC File No.1-5480) 10.17 Credit Agreement, dated as of September30, 2016, among Textron, the Lenders listed therein, JPMorgan Chase Bank, N.A., as Administrative Agent, Citibank, N.A. and Bank of America, N.A., as Syndication Agents, and The Bank of Tokyo-Mitsubishi UFJ,Ltd.,as Documentation Agent. Incorporated by reference to Exhibit10.1 to Textrons Current Report on Form8-K filed on October3, 2016.