E-Z-GO 2000 Annual Report Download - page 2

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(Dollars in millions) 2000 1999 change
Operating Results
Revenues $13,090 $11,854 10.4%
Segment profit $ 1,410*$ 1,201 17.4%
Segment profit margin 10.8%*10.1%
Income from continuing operations $ 277 $ 623 (56.0)%
Free cash flow $ 463 $ 499 (7. 2 )%
Return on invested capital (ROIC) 13.1%*12.6%
Common Share Data
Diluted earnings per share:
From continuing operations $ 1.90 $ 4.05 (53.1)%
From continuing operations before special charges $ 4.65*$ 4.05 14.8%
Dividends per share $1.30 $ 1.30 –
* Excludes $483 million of pre-tax special charges related to restructuring activities and asset impairment writedowns.
Table of Contents
1LETTER TO SHAREOWNERS, EMPLOYEES AND CUSTOMERS
4DELIVERING COMPELLING GROWTH
6AIRCRAFT
Bell Helicopter
Cessna Aircraft
10 AUTOMOTIVE
12 FASTENING SYSTEMS
14 INDUSTRIAL PRODUCTS
16 FINANCE
18 MANAGEMENT TEAM
20 FINANCIAL REPORT
Textron is a $13 billion global, multi-industry company focused on
delivering inspired solutions to our customers and compelling growth
and value to our shareholders. In the Aircraft, Automotive, Fastening
Systems, Industrial Products and Finance industries, customers around
the world know us for our powerful brands such as Bell Helicopter,
Cessna Aircraft, Kautex, Lycoming, E-Z-GO and Greenlee, among others.
Our market-leading companies are redefining industries and generating
compelling growth and profitability through a steadfast commitment
to enterprise excellence.
Financial Highlights