E-Z-GO 2010 Annual Report Download - page 19

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Employees
At January 1, 2011, we had approximately 32,000 employees.
Available Information
We make available free of charge on our Internet Web site (www.textron.com) our Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q, Current Reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d)
of the Securities Exchange Act of 1934 as soon as reasonably practicable after we electronically file such material with, or furnish it
to, the Securities and Exchange Commission.
Forward-Looking Information
Certain statements in this report and other oral and written statements made by us from time to time are “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which may describe
strategies, goals, outlook or other non-historical matters, or project revenues, income, returns or other financial measures, often
include words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “guidance,” “project,” “target,” “potential,”
“will,” “should,” “could,” “likely” or “may” and similar expressions intended to identify forward-looking statements. These
statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual
results to differ materially from those expressed or implied by such forward-looking statements. Given these uncertainties, you should
not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they
are made, and we undertake no obligation to update or revise any forward-looking statements. In addition to those factors described
herein under “RISK FACTORS,” factors that could cause actual results to differ materially from past and projected future results are
the following:
• Changing priorities or reductions in the U.S. Government defense budget, including those related to ongoing military
operations in foreign countries;
• Changes in worldwide economic and political conditions that impact demand for our products, interest rates and foreign
exchange rates;
• Our ability to perform as anticipated and to control costs under contracts with the U.S. Government;
• The U.S. Government’s ability to unilaterally modify or terminate its contracts with us for the U.S. Government’s
convenience or for our failure to perform, to change applicable procurement and accounting policies, and, under certain
circumstances, to suspend or debar us as a contractor eligible to receive future contract awards;
• Changes in international funding priorities, foreign military budget constraints and determinations, and government policies
on the export and import of military and commercial products;
• Our Finance segment’s ability to maintain portfolio credit quality and to realize full value of receivables and of assets
acquired upon foreclosure of receivables;
• TFC’s ability to maintain certain minimum levels of financial performance required under its committed bank line of credit
and under Textron’s support agreement with TFC;
• Our Finance segment’s access to financing, including securitizations, at competitive rates; performance issues with key
suppliers, subcontractors and business partners;
• Legislative or regulatory actions impacting our operations or demand for our products;
• The ability to control costs and successful implementation of various cost-reduction programs;
• The efficacy of research and development investments to develop new products and unanticipated expenses in connection
with the launching of significant new products or programs, the timing of new product launches and certifications of new
aircraft products;
• The extent to which we are able to pass raw material price increases through to customers or offset such price increases by
reducing other costs;
• Increases in pension expenses and employee and retiree medical benefits;