What is Textron's bell — severance costs?

Textron (TXT) reported bell — severance costs of $18M in Q1 2024.

What does bell — severance costs mean?

The costs associated with laying off employees or providing termination benefits.

How do you interpret bell — severance costs?

High costs indicate significant workforce downsizing, which may signal future efficiency gains but also potential short-term operational disruption.

How does bell — severance costs compare across companies?

Commonly reported as part of restructuring costs by companies undergoing organizational transformation.

Textron TXT Bell — Severance costs

Discontinued — last reported Q1 '24

Similar metrics at other companies

BALLOperating Segments — Severance Costs1

$1.8M—

ZBRAEnterprise Business — Severance Costs1

$7.5M—

SPXCOperating Segments — Severance Costs1

$600K+41.2%

IPCorporate Segment — Severance costs

$15.25M—

ARWCorporate — Severance Costs1

$3.7M-91.4%

BALLOperating Segments — Severance Pension And Other Employee Benefits

$4.2M—

Other financials

Income statement

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Revenue$3.7B+11.8%

Gross profit$504.0M—

Net income$220.0M+6.3%

EPS (diluted)$1.25+10.6%

Balance sheet

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Cash & equivalents$1.6B+29.3%

Total debt$437.0M-6.2%

Total equity$8.0B+10.0%

Total assets$18.1B+7.1%

Cash flow

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Operating cash flow-$117.0M+5.6%

CapEx$133.0M+138%

Free cash flow-$250.0M-38.9%

Valuation

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Market cap$15.56B+36.2%

Enterprise value$14.38B+35.3%

P/E16.7×+2.9×

P/S1×+0.2×

Profitability

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Gross margin16.2%—

Net margin6.1%+0.2pp

FCF margin5.7%+1.7pp

Returns & leverage

See full

Return on equity12.2%+0.5pp

Debt / equity0.1×0.0×

Where this comes from

Reported directly by Textron in its filing.

Tagged under the XBRL concept us-gaap:SeveranceCosts1.

The official record: Textron’s 10-Q, filed April 25, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Textron's bell — severance costs?: Textron (TXT) reported bell — severance costs of $18M in Q1 2024.
What does bell — severance costs mean?: The costs associated with laying off employees or providing termination benefits.
How do you interpret bell — severance costs?: High costs indicate significant workforce downsizing, which may signal future efficiency gains but also potential short-term operational disruption.
How does bell — severance costs compare across companies?: Commonly reported as part of restructuring costs by companies undergoing organizational transformation.