FINANCE
Beechcraft® King Air® 350i
Cessna CJ3
Bell 407GXi
The Finance segment provides financing to customers purchasing new and pre-owned Textron Aviation aircraft and Bell helicopters. Textron Financial Corporation and its consolidated subsidiaries comprise the Finance segment.
Key data
| (Dollars in millions) | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Finance | |||||
| Total finance receivables | 707 | 789 | 850 | 976 | 1,135 |
| 60-Day + delinquency | 2.4% | 1.8% | 4.0% | 4.2% | 6.2% |
| Nonaccrual % | 5.5% | 5.1% | 7.2% | 9.2% | 7.6% |
| Debt to shareholders’ equity | 4.3x | 3.8x | 3.8x | 5.8x | 5.2x |
| Revenues | 66 | 66 | 69 | 78 | 83 |
| Segment profit1 | 28 | 23 | 22 | 19 | 24 |
| Total assets | 964 | 1,107 | 1,169 | 1,280 | 1,316 |
| Dividends paid to Textron Inc. | 50 | 50 | — | 29 | 63 |
| 1 | Segment profit for the Finance segment includes interest income and expense along with intercompany interest income and expense. |