Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
280.95
-4.46 (-1.56%)
Nov 6, 2026, 4:00 PM EST - Market closed
Illinois Tool Works Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 809 | 851 | 948 | 1,065 | 708 | 1,527 |
Cash & Short-Term Investments | 809 | 851 | 948 | 1,065 | 708 | 1,527 |
Cash Growth | -12.45% | -10.23% | -10.99% | 50.42% | -53.63% | -40.45% |
Accounts Receivable | 3,516 | 3,227 | 2,991 | 3,123 | 3,171 | 2,840 |
Other Receivables | - | 177 | 105 | 128 | 102 | 102 |
Receivables | 3,516 | 3,404 | 3,096 | 3,251 | 3,273 | 2,942 |
Inventory | 1,823 | 1,659 | 1,605 | 1,707 | 2,054 | 1,694 |
Other Current Assets | - | 286 | 207 | 212 | 235 | 211 |
Total Current Assets | 6,598 | 6,200 | 5,856 | 6,235 | 6,270 | 6,374 |
Property, Plant & Equipment | 2,254 | 2,524 | 2,302 | 2,224 | 2,060 | 2,031 |
Goodwill | 5,073 | 5,098 | 4,839 | 4,909 | 4,864 | 4,965 |
Other Intangible Assets | 543 | 591 | 592 | 657 | 768 | 972 |
Long-Term Deferred Tax Assets | 492 | 519 | 369 | 479 | 494 | 552 |
Other Long-Term Assets | 1,537 | 1,216 | 1,109 | 1,014 | 966 | 1,183 |
Total Assets | 16,497 | 16,148 | 15,067 | 15,518 | 15,422 | 16,077 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 623 | 522 | 519 | 581 | 594 | 585 |
Accrued Expenses | 1,635 | 1,177 | 1,107 | 1,162 | 1,204 | 1,147 |
Short-Term Debt | 369 | 1,287 | 778 | 464 | 1,055 | 210 |
Current Portion of Long-Term Debt | 1,850 | 999 | 777 | 1,361 | 535 | 568 |
Current Portion of Leases | - | 62 | 57 | 58 | 55 | 61 |
Current Income Taxes Payable | 133 | 217 | 217 | 187 | 147 | 77 |
Current Unearned Revenue | - | 340 | 360 | 395 | 427 | 394 |
Other Current Liabilities | 490 | 522 | 493 | 467 | 443 | 428 |
Total Current Liabilities | 5,100 | 5,126 | 4,308 | 4,675 | 4,460 | 3,470 |
Long-Term Debt | 7,153 | 6,683 | 6,308 | 6,339 | 6,173 | 6,909 |
Long-Term Leases | - | 180 | 158 | 148 | 131 | 133 |
Pension & Post-Retirement Benefits | - | 205 | 224 | 312 | 306 | 383 |
Long-Term Deferred Tax Liabilities | 168 | 154 | 119 | 326 | 484 | 654 |
Other Long-Term Liabilities | 934 | 574 | 633 | 705 | 779 | 902 |
Total Liabilities | 13,355 | 12,922 | 11,750 | 12,505 | 12,333 | 12,451 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 6 | 6 | 6 | 6 | 6 | 6 |
Additional Paid-In Capital | 1,866 | 1,771 | 1,669 | 1,588 | 1,501 | 1,432 |
Retained Earnings | 31,177 | 30,150 | 28,893 | 27,122 | 25,799 | 24,325 |
Treasury Stock | -28,190 | -26,875 | -25,375 | -23,870 | -22,377 | -20,636 |
Comprehensive Income & Other | -1,718 | -1,827 | -1,877 | -1,834 | -1,841 | -1,502 |
Total Common Equity | 3,141 | 3,225 | 3,316 | 3,012 | 3,088 | 3,625 |
Minority Interest | 1 | 1 | 1 | 1 | 1 | 1 |
Shareholders' Equity | 3,142 | 3,226 | 3,317 | 3,013 | 3,089 | 3,626 |
Total Liabilities & Equity | 16,497 | 16,148 | 15,067 | 15,518 | 15,422 | 16,077 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 9,372 | 9,211 | 8,078 | 8,370 | 7,949 | 7,881 |
Net Cash (Debt) | -8,563 | -8,360 | -7,130 | -7,305 | -7,241 | -6,354 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -29.75 | -28.60 | -23.94 | -24.06 | -23.31 | -20.08 |
Filing Date Shares Outstanding | 284.2 | 288.2 | 293.5 | 298.8 | 305.07 | 312.93 |
Total Common Shares Outstanding | 284.2 | 288.6 | 294 | 299.3 | 305 | 312.9 |
Working Capital | 1,498 | 1,074 | 1,548 | 1,560 | 1,810 | 2,904 |
Book Value Per Share | 11.05 | 11.17 | 11.28 | 10.06 | 10.12 | 11.59 |
Tangible Book Value | -2,475 | -2,464 | -2,115 | -2,554 | -2,544 | -2,312 |
Tangible Book Value Per Share | -8.71 | -8.54 | -7.19 | -8.53 | -8.34 | -7.39 |
Land | - | 199 | 188 | 197 | 188 | 198 |
Buildings | - | 1,705 | 1,562 | 1,490 | 1,414 | 1,462 |
Machinery | - | 4,389 | 4,043 | 4,070 | 3,891 | 3,898 |
Construction In Progress | - | 299 | 270 | 294 | 259 | 142 |