FORM 10-K

17 Stock Performance Graph The following graph compares the total return on a cumulative basis at the end of each year of $100 invested in our common stock on December 31, 2012 with the Standard & Poor’s (S&P) 500 Stock Index, the S&P 500 Aerospace & Defense (A&D) Index and the S&P 500 Industrials Index, all of which include Textron. The values calculated assume dividend reinvestment. 2012 2013 2014 2015 2016 2017 Textron Inc. $ 100.00 $ 148.69 $ 170.68 $ 170.59 $ 197.59 $ 230.63 S&P 500 100.00 132.39 150.51 152.59 170.84 208.14 S&P 500 A&D 100.00 154.92 172.63 182.01 216.42 305.97 S&P 500 Industrials 100.00 131.64 147.91 152.19 167.59 205.41 $100 $150 $200 $250 $300 Textron S&P 500 S&P 500 A&D S&P 500 Industrials