E-Z-GO 1999 Annual Report Download - page 63

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The following tables summarize selected financial information by segment:
Property, Plant and
(In millions) Assets Equipment Expenditures
1999 1998 1997 1999 1998 1997
Aircraft $ 2,348 $ 2,199 $ 1,941 $164 $140 $107
Automotive 1,860 1,681 1,515 134 111 103
Industrial 5,142 3,882 2,596 215 208 153
Finance 5,990 3,785 3,178 11 13 8
Corporate (including investment
in discontinued operations) 1,743 2,717 2,557 833
Eliminations (690) (543) (457) –––
$16,393 $13,721 $11,330 $532 $475 $374
(In millions) Amortization* Depreciation
1999 1998 1997 1999 1998 1997
Aircraft $10 $10 $10 $97 $82 $70
Automotive 19 15 14 84 72 69
Industrial 50 36 29 152 124 100
Finance 73 – 12 10 11
Corporate 553 444
$91 $69 $56 $349 $292 $254
*Amortization is principally amortization of goodwill.
Geographic Data
Presented below is selected financial information by geographic area of Textron’s
operations:
Property, Plant
(In millions) Revenues1and Equipment2
1999 1998 1997 1999 1998 1997
United States $ 7,360 $6,291 $5,550 $1,718 $1,466 $1,232
Latin America and Mexico 704 634 447 68 84 40
Canada 701 589 640 118 115 92
Germany 690 575 458 187 205 138
United Kingdom 475 273 209 161 171 71
Asia and Australia 435 309 447 14 33
France 344 332 301 82 82 68
Other 870 680 631 165 79 126
$11,579 $9,683 $8,683 $2,513 $2,205 $1,770
1Revenues are attributed to countries based on the location of the customer.
2Property, plant and equipment is based on the location of the asset.
Revenues include sales to the U.S. Government of $1.3 billion, $1.1 billion, and $1.0
billion in 1999, 1998, and 1997, respectively and sales of $1.6 billion, $1.3 billion, and
$1.1 billion in 1999, 1998, and 1997, respectively to DaimlerChrysler.
20. Included in accrued liabilities at the end of 1999 and 1998 were the following:
(In millions) January 1, 2000 January 2, 1999
Customer deposits $ 253 $ 195
Salary, wages and employer taxes 232 226
Reserve for warranties 193 148
Other 541 529
Total accrued liabilities $1,219 $1,098
Other Information
– Textron
Manufacturing
Current Liabilities
1999 Textron Annual Report 61