E-Z-GO 2008 Annual Report Download - page 100

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Textron Inc.
87
Note 19. Supplemental Cash Flow and Other Information
Supplemental Cash Flow Information
We have made the following cash payments:
(In millions) 2008 2007 2006
Interest paid:*
Manufacturing group $ 139 $ 114 $ 111
Finance group 310 388 341
Taxes paid, net of refunds received:
Manufacturing group 357 314 179
Finance group 52 48 2
Discontinued operations 4 (82) (46)
* Cash paid for interest by the Manufacturing group includes amounts paid to our Finance group of $1 million, $2 million and $4 million in 2008, 2007 and 2006,
respectively. Cash paid for interest by the Finance group includes amounts paid to the Manufacturing group of $3 million in 2008.
Accrued Liabilities
The accrued liabilities of our Manufacturing group are summarized below:
January 3, December 29,
(In millions) 2009 2007
Customer deposits $ 993 $ 1,003
Warranty and product maintenance contracts 280 315
Salaries, wages and employer taxes 305 317
Deferred revenue 140 115
Forward contract on Textron Inc. stock 98 —
Acquisition-related costs — 104
Foreign currency exchange contracts 84 14
Postretirement benefits other than pension 82 86
Dividends payable — 58
Other 640 603
Total accrued liabilities $ 2,622 $ 2,615
Note 20. Segment and Geographic Data
Effective at the beginning of fiscal 2008, we operate in, and report financial information for, the following five business segments: Cessna, Bell,
Textron Systems, Industrial and Finance. Prior to 2008, we reported segment financial results within four segments: Bell, Cessna, Industrial and
Finance. We changed our segment reporting to separate Textron Systems into a new segment and to report Bell Helicopter as its own segment,
Bell, to reflect the manner in which we now manage these businesses. The accounting policies of the segments are the same as those described in
Note 1, Summary of Significant Account Policies.
Cessna products include Citation business jets, Caravan single engine turboprops, single engine piston aircraft, and aftermarket services sold to
a diverse base of corporate and individual buyers.
Bell products include military and commercial helicopters and tiltrotor aircraft for U.S. and non-U.S. governments in the defense and aerospace
industries and general aviation markets.
Textron Systems products include armored security vehicles, precision weapons, airborne and ground-based surveillance systems, unmanned
aircraft systems, aircraft and missile control actuators, training and simulation systems and countersniper devices, intelligence and situational
awareness software for U.S. and non-U.S. governments in the defense and aerospace industries, and general aviation markets.