Illinois Tool Works Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1994
Net Income	2,957	3,034	2,694	2,109	2,521	2,563	1,687	2,035	1,899	2,946	Upgrade
Depreciation & Amortization	395	410	410	427	426	461	462	470	477	507	Upgrade
Share-Based Compensation	69	63	53	42	41	40	36	39	41	39	Upgrade
Other Operating Activities	118	-1,159	-600	229	7	-253	217	-242	-118	-1,876	Upgrade
Operating Cash Flow	3,539	2,348	2,557	2,807	2,995	2,811	2,402	2,302	2,299	1,616	Upgrade
Operating Cash Flow Growth	50.72%	-8.17%	-8.91%	-6.28%	6.55%	17.03%	4.34%	0.13%	42.26%	-36.08%	Upgrade
Capital Expenditures	-435	-397	-288	-226	-301	-338	-283	-257	-254	-333	Upgrade
Acquisitions	7	276	-731	1	116	1	-1	-283	23	3,164	Upgrade
Change in Investments	27	12	38	14	20	16	43	21	22	28	Upgrade
Other Investing Activities	-2	-1	-3	-3	-18	-4	-10	-13	-1	-17	Upgrade
Investing Cash Flow	-403	-110	-984	-214	-183	-325	-251	-532	-210	2,842	Upgrade
Dividends Paid	-1,615	-1,542	-1,463	-1,379	-1,321	-1,124	-941	-821	-742	-711	Upgrade
Share Issuance / Repurchase	-1,447	-1,721	-950	-640	-1,415	-1,978	-916	-1,916	-1,943	-4,198	Upgrade
Debt Issued / Paid	294	276	-141	-4	422	-851	197	465	151	1,339	Upgrade
Other Financing Activities	-14	-13	-10	-26	-12	-11	-14	17	8	19	Upgrade
Financing Cash Flow	-2,782	-3,000	-2,564	-2,049	-2,326	-3,964	-1,674	-2,255	-2,526	-3,551	Upgrade
Exchange Rate Effect	3	-57	-46	39	-9	-112	145	-133	-463	-535	Upgrade
Net Cash Flow	357	-819	-1,037	583	477	-1,590	622	-618	-900	372	Upgrade
Free Cash Flow	3,104	1,951	2,269	2,581	2,694	2,473	2,119	2,045	2,045	1,283	Upgrade
Free Cash Flow Growth	59.10%	-14.01%	-12.09%	-4.19%	8.94%	16.71%	3.62%	0%	59.39%	-41.63%	Upgrade
Free Cash Flow Margin	19.27%	12.25%	15.70%	20.53%	19.09%	16.75%	14.80%	15.04%	15.26%	8.86%	Upgrade
Free Cash Flow Per Share	10.32	6.35	7.23	8.15	8.38	7.45	6.18	5.83	5.63	3.28	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).