Illinois Tool Works Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	839	851	948	1,065	708	1,527
Cash & Short-Term Investments	839	851	948	1,065	708	1,527
Cash Growth	6.47%	-10.23%	-10.99%	50.42%	-53.63%	-40.45%
Accounts Receivable	3,564	3,227	2,991	3,123	3,171	2,840
Other Receivables	-	177	105	128	102	102
Receivables	3,564	3,404	3,096	3,251	3,273	2,942
Inventory	1,756	1,659	1,605	1,707	2,054	1,694
Other Current Assets	-	286	207	212	235	211
Total Current Assets	6,600	6,200	5,856	6,235	6,270	6,374
Property, Plant & Equipment	2,235	2,524	2,302	2,224	2,060	2,031
Goodwill	5,074	5,098	4,839	4,909	4,864	4,965
Other Intangible Assets	558	591	592	657	768	972
Long-Term Deferred Tax Assets	489	519	369	479	494	552
Other Long-Term Assets	1,538	1,216	1,109	1,014	966	1,183
Total Assets	16,494	16,148	15,067	15,518	15,422	16,077
Accounts Payable	636	522	519	581	594	585
Accrued Expenses	1,592	1,177	1,107	1,162	1,204	1,147
Short-Term Debt	2,100	1,287	778	464	1,055	210
Current Portion of Long-Term Debt	1,045	999	777	1,361	535	568
Current Portion of Leases	-	62	57	58	55	61
Current Income Taxes Payable	123	217	217	187	147	77
Current Unearned Revenue	-	340	360	395	427	394
Other Current Liabilities	457	522	493	467	443	428
Total Current Liabilities	5,953	5,126	4,308	4,675	4,460	3,470
Long-Term Debt	6,549	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	162	154	119	326	484	654
Other Long-Term Liabilities	935	574	633	705	779	902
Total Liabilities	13,599	12,922	11,750	12,505	12,333	12,451
Common Stock	6	6	6	6	6	6
Additional Paid-In Capital	1,838	1,771	1,669	1,588	1,501	1,432
Retained Earnings	30,812	30,150	28,893	27,122	25,799	24,325
Treasury Stock	-28,004	-26,875	-25,375	-23,870	-22,377	-20,636
Comprehensive Income & Other	-1,758	-1,827	-1,877	-1,834	-1,841	-1,502
Total Common Equity	2,894	3,225	3,316	3,012	3,088	3,625
Minority Interest	1	1	1	1	1	1
Shareholders' Equity	2,895	3,226	3,317	3,013	3,089	3,626
Total Liabilities & Equity	16,494	16,148	15,067	15,518	15,422	16,077
Total Debt	9,694	9,211	8,078	8,370	7,949	7,881
Net Cash (Debt)	-8,855	-8,360	-7,130	-7,305	-7,241	-6,354
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-30.59	-28.60	-23.94	-24.06	-23.31	-20.08
Filing Date Shares Outstanding	284.8	288.2	293.5	298.8	305.07	312.93
Total Common Shares Outstanding	284.8	288.6	294	299.3	305	312.9
Working Capital	647	1,074	1,548	1,560	1,810	2,904
Book Value Per Share	10.16	11.17	11.28	10.06	10.12	11.59
Tangible Book Value	-2,738	-2,464	-2,115	-2,554	-2,544	-2,312
Tangible Book Value Per Share	-9.61	-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

SEC Filings: 10-K · 10-Q