E-Z-GO 2014 Annual Report Download - page 2

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SELECTED YEAR-OVER-YEAR FINANCIAL DATA
TEXTRON’S GLOBAL NETWORK OF BUSINESSES
1. Manufacturing Cash Flow Before Pension Contributions is a Non-GAAP Measure. See page immediately preceding Form 10-K for Reconciliation to GAAP.
(Dollars in Millions, Except Per Share Amounts) 2014 2013
Total Revenues $ 13,878 $ 12,104
Total Segment Prot 1,214 963
Income from Continuing Operations 605 498
PER SHARE OF COMMON STOCK
Common Stock Price:
High $ 44.23 $ 37.43
Low 32.28 23.94
Year-End 42.17 36.61
Diluted Earnings from Continuing Operations 2.15 1.75
COMMON SHARES OUTSTANDING (In Thousands)
Diluted Average $ 281,790 $ 284,428
Year-End $ 276,582 $ 282,059
FINANCIAL POSITION
Total Assets 14,605 12,944
Manufacturing Group Debt 2,811 1,931
Finance Group Debt 1,063 1,256
Shareholders’ Equity 4,272 4,384
Manufacturing Group Debt-to-Capital (Net of Cash) 33% 15%
Manufacturing Group Debt-to-Capital 40% 31%
KEY PERFORMANCE METRICS
Net Cash Provided by Operating Activities of Continuing Operations for Manufacturing Group—GAAP $ 1,097 $ 658
Manufacturing Cash Flow Before Pension Contributions—Non-GAAP1753 256
BELL HELICOPTER TEXTRON SYSTEMS INDUSTRIAL FINANCETEXTRON AVIATION
Bell Helicopter is one of the
leading suppliers of
helicopters and related spare
parts and services in the
world. Bell is the pioneer of
the revolutionary tiltrotor
aircraft and has delivered
more than 35,000 aircraft to
customers around the world.
Greater than 29% of all
helicopters in operation
today carry the Bell brand,
including both military and
commercial applications.
Our Industrial segment offers
three main product lines:
fuel systems and functional
components produced by
Kautex; specialized vehicles
and equipment manufactured
by the Textron Specialized
Vehicles businesses and
Jacobsen; and tools and
test equipment made by
the Textron Tools & Test
companies.
Textron Systems’ businesses
provide innovative solutions
to the defense, aerospace
and general aviation
markets. Product lines
include unmanned systems,
armored vehicles, advanced
marine craft, intelligent
battleeld and surveillance
systems, intelligence
software solutions, piston
engines, simulation, training
and other defense and
aviation mission support
products and services.
Our Finance segment,
operated by Textron
Financial Corporation (TFC),
is a commercial nance
business that provides
nancing solutions for
purchasers of Textron
products, primarily Textron
Aviation aircraft and Bell
helicopters. For more than
ve decades, TFC has played
a key role for Textron
customers around the globe.
Textron Aviation is home to
the iconic Beechcraft,
Cessna and Hawker brands,
and continues to lead
general aviation through two
principal lines of business:
aircraft sales and aftermarket.
Aircraft sales include
business jet, turboprop and
piston aircraft, as well as
special mission and military
aircraft. Aftermarket includes
parts sales, maintenance,
inspection and repair
services.