Illinois Tool Works Inc. (LON:0J8W)

Illinois Tool Works Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	873	948	1,065	708	1,527	2,564
Cash & Short-Term Investments	873	948	1,065	708	1,527	2,564
Cash Growth	-8.97%	-10.99%	50.42%	-53.63%	-40.45%	29.43%
Accounts Receivable	3,153	2,991	3,123	3,171	2,840	2,506
Other Receivables	-	105	128	102	102	115
Receivables	3,153	3,096	3,251	3,273	2,942	2,621
Inventory	1,663	1,605	1,707	2,054	1,694	1,189
Other Current Assets	-	207	212	235	211	149
Total Current Assets	6,037	5,856	6,235	6,270	6,374	6,523
Property, Plant & Equipment	2,085	2,302	2,224	2,060	2,031	1,993
Goodwill	4,903	4,839	4,909	4,864	4,965	4,690
Other Intangible Assets	572	592	657	768	972	781
Long-Term Deferred Tax Assets	440	369	479	494	552	533
Other Long-Term Assets	1,431	1,109	1,014	966	1,183	1,092
Total Assets	15,468	15,067	15,518	15,422	16,077	15,612
Accounts Payable	594	519	581	594	585	534
Accrued Expenses	1,477	1,107	1,162	1,204	1,147	962
Short-Term Debt	981	778	464	1,055	210	-
Current Portion of Long-Term Debt	-	777	1,361	535	568	350
Current Portion of Leases	-	57	58	55	61	55
Current Income Taxes Payable	289	217	187	147	77	60
Current Unearned Revenue	-	360	395	427	394	222
Other Current Liabilities	439	493	467	443	428	406
Total Current Liabilities	3,780	4,308	4,675	4,460	3,470	2,589
Long-Term Debt	7,282	6,308	6,339	6,173	6,909	7,772
Long-Term Leases	-	158	148	131	133	133
Long-Term Deferred Tax Liabilities	127	119	326	484	654	588
Other Long-Term Liabilities	1,037	633	705	779	902	916
Total Liabilities	12,226	11,750	12,505	12,333	12,451	12,430
Common Stock	6	6	6	6	6	6
Additional Paid-In Capital	1,705	1,669	1,588	1,501	1,432	1,362
Retained Earnings	29,154	28,893	27,122	25,799	24,325	23,114
Treasury Stock	-25,746	-25,375	-23,870	-22,377	-20,636	-19,659
Comprehensive Income & Other	-1,878	-1,877	-1,834	-1,841	-1,502	-1,642
Total Common Equity	3,241	3,316	3,012	3,088	3,625	3,181
Minority Interest	1	1	1	1	1	1
Shareholders' Equity	3,242	3,317	3,013	3,089	3,626	3,182
Total Liabilities & Equity	15,468	15,067	15,518	15,422	16,077	15,612
Total Debt	8,263	8,078	8,370	7,949	7,881	8,310
Net Cash (Debt)	-7,390	-7,130	-7,305	-7,241	-6,354	-5,746
Net Cash Per Share	-24.93	-23.94	-24.06	-23.31	-20.08	-18.05
Filing Date Shares Outstanding	293	293.5	298.8	305.07	312.93	316.66
Total Common Shares Outstanding	293	294	299.3	305	312.9	316.7
Working Capital	2,257	1,548	1,560	1,810	2,904	3,934
Book Value Per Share	11.06	11.28	10.06	10.12	11.59	10.04
Tangible Book Value	-2,234	-2,115	-2,554	-2,544	-2,312	-2,290
Tangible Book Value Per Share	-7.62	-7.19	-8.53	-8.34	-7.39	-7.23
Land	-	188	197	188	198	204
Buildings	-	1,562	1,490	1,414	1,462	1,432
Machinery	-	4,043	4,070	3,891	3,898	3,824
Construction In Progress	-	270	294	259	142	133

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.