Textron 2020 Proxy Statement

TEXTRON 2020 PROXY STATEMENT 27 The table below lists the 2018 talent peer group companies and Textron showing fiscal 2017 revenues. The 2018 talent peer group was referenced in setting target pay for 2019. $14.2 Textron Inc. 55% Textron Percentile Rank $17.9 $12.0 $6.8 75th Percentile 25th Percentile Median Company Name Industry 2017 Revenue ($ in billions) Honeywell International Inc. Aerospace/Defense $40.5 General Dynamics Corporation Aerospace/Defense 31.0 Northrop Grumman Corporation Aerospace/Defense 25.8 Lear Corporation Automotive 20.5 Eaton Corporation Plc General Manufacturing 20.4 The Goodyear Tire & Rubber Company Automotive 15.4 Emerson Electric Co. Technology/Engineering 15.3 Illinois Tool Works Inc. General Manufacturing 14.3 Ingersoll-Rand Plc General Manufacturing 14.2 Parker-Hannifin Corporation General Manufacturing 12.0 BorgWarner Inc. Automotive 9.8 L3 Technologies, Inc. Aerospace/Defense 9.6 Spirit AeroSystems Holdings, Inc. Aerospace/Defense 7.0 Oshkosh Corporation General Manufacturing 6.8 Rockwell Collins, Inc. Aerospace/Defense 6.8 Rockwell Automation Inc. Technology/Engineering 6.3 Harris Corporation Technology/Defense 5.9 Terex Corporation General Manufacturing 4.4 KBR, Inc. Technology/Engineering 4.2 2018 Talent Peer Group The 2019 talent peer group referenced in setting target pay for 2020 was changed to remove Rockwell Collins, Inc., due to its acquisition and to replace L3 Technologies, Inc. and Harris Corporation with L3Harris Technologies, Inc., the survivor of the merger of the two companies.