(a) For the three months ended April 1, 2017, $22 million of net cash proceeds received from the settlement of corporate owned life insurance policies were reclassified from operating activities to investing activities as a result of the adoption of a new accounting standard at the beginning of 2018.

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Contact:

Textron Inc.
Investor Contacts:
Eric Salander, 401-457-2288
or
Jeffrey Trivella, 401-457-2288
or
Media Contact:
David Sylvestre, 401-457-2362