Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
271.69
-4.36 (-1.58%)
At close: Jul 20, 2026, 4:00 PM EDT
271.69
0.00 (0.00%)
After-hours: Jul 20, 2026, 5:23 PM EDT
Illinois Tool Works Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
Net Income | 768 | 790 | 821 | 755 | 700 | 750 | 1,160 | 759 | 819 | 717 | 772 | 754 | 714 | 907 | 727 | 738 | 662 | 609 | 639 | 775 |
Depreciation & Amortization | 99 | 103 | 100 | 99 | 95 | 102 | 104 | 99 | 97 | 99 | 97 | 100 | 99 | 99 | 102 | 103 | 106 | 104 | 104 | 102 |
Stock-Based Compensation | 18 | 17 | 17 | 19 | 16 | 13 | 14 | 19 | 15 | 17 | 17 | 18 | 17 | 15 | 15 | 17 | 16 | 12 | -19 | 16 |
Other Adjustments | 5 | 29 | -8 | -10 | -11 | 354 | -211 | -3 | -67 | -93 | 21 | -22 | 7 | -264 | -12 | -26 | -37 | -62 | 4 | -127 |
Change in Receivables | -165 | 43 | 55 | -70 | -120 | 127 | 77 | -31 | -139 | 103 | 3 | -25 | -17 | -44 | -21 | -95 | -301 | 30 | 30 | -108 |
Changes in Inventories | -75 | 82 | -18 | 7 | -37 | 154 | 29 | 5 | -12 | 125 | 95 | 76 | 64 | 22 | -103 | -167 | -207 | -85 | -143 | -100 |
Changes in Accounts Payable | 91 | -89 | -1 | -3 | 64 | -14 | -33 | -18 | 22 | -11 | 1 | -6 | 2 | -49 | -40 | 8 | 116 | -7 | -36 | 15 |
Changes in Accrued Expenses | -100 | 43 | 14 | 18 | -123 | -23 | 11 | 104 | -166 | 21 | -18 | 79 | -184 | 105 | 41 | 92 | -119 | 69 | 92 | 54 |
Changes in Income Taxes Payable | -6 | 21 | 38 | -266 | 72 | 24 | 90 | -241 | 57 | 68 | -9 | -208 | 77 | 67 | -21 | -215 | 134 | 79 | -43 | -75 |
Changes in Other Operating Activities | -12 | -76 | 3 | 1 | -64 | -13 | 14 | -6 | -37 | -4 | 3 | 24 | -51 | -46 | 28 | 46 | -47 | 25 | -42 | 2 |
Operating Cash Flow | 623 | 963 | 1,021 | 550 | 592 | 1,114 | 891 | 687 | 589 | 1,039 | 982 | 790 | 728 | 811 | 713 | 501 | 323 | 774 | 619 | 555 |
Operating Cash Flow Growth | 5.24% | -13.55% | 14.59% | -19.94% | 0.51% | 7.22% | -9.27% | -13.04% | -19.09% | 28.11% | 37.73% | 57.68% | 125.39% | 4.78% | 15.19% | -9.73% | -46.96% | 0.13% | -9.37% | -24.70% |
Capital Expenditures | -95 | -105 | -117 | -101 | -96 | -118 | -108 | -116 | -95 | -131 | -126 | -85 | -113 | -156 | -101 | -81 | -74 | -79 | -71 | -78 |
Sale of Property, Plant & Equipment | 2 | 4 | 0 | 4 | 3 | 2 | 5 | 3 | 2 | 9 | 6 | 2 | 3 | 7 | 3 | 3 | 2 | 2 | 3 | 1 |
Proceeds from Sale of Investments | - | 1 | 1 | 5 | - | 1 | 0 | 4 | 6 | 2 | 18 | 5 | 2 | 0 | 5 | 5 | 2 | 1 | 7 | 29 |
Payments for Business Acquisitions | - | -120 | 0 | -1 | 2 | 0 | 0 | -58 | -57 | - | - | - | - | 0 | 0 | 0 | -2 | -731 | 0 | - |
Proceeds from Business Divestments | - | 0 | 0 | - | - | 7 | 0 | - | - | -7 | 0 | 10 | -3 | 275 | 3 | - | - | - | - | - |
Other Investing Activities | -6 | -1 | 0 | 0 | -1 | -2 | 2 | -2 | -8 | 0 | -1 | -1 | - | 1 | -1 | 0 | -1 | -1 | -1 | -1 |
Investing Cash Flow | -99 | -221 | -116 | -92 | -92 | -117 | 294 | -169 | -152 | -120 | -103 | -69 | -111 | 127 | -91 | -73 | -73 | -808 | -62 | -49 |
Long-Term Debt Issued | - | - | - | - | - | 0 | 0 | - | - | 0 | 0 | - | - | 139 | 0 | 97 | 357 | 90 | 0 | - |
Long-Term Debt Repaid | - | 0 | 32 | - | - | -631 | 0 | -595 | -700 | -1 | 0 | -540 | -138 | -3 | -247 | -207 | -656 | -1 | 0 | -350 |
Net Long-Term Debt Issued (Repaid) | - | 0 | 32 | - | - | -631 | 0 | -595 | -700 | -1 | 0 | -540 | -138 | 136 | -247 | -110 | -299 | 89 | 0 | -350 |
Issuance of Common Stock | 52 | 5 | 13 | 3 | 44 | 9 | 2 | 0 | 41 | 4 | 9 | 7 | 33 | 12 | 0 | 1 | 16 | 8 | 0 | 16 |
Repurchase of Common Stock | -375 | -375 | -375 | -375 | -375 | -375 | -375 | -375 | -375 | -375 | -375 | -375 | -375 | -500 | -500 | -375 | -375 | -250 | -250 | -250 |
Net Common Stock Issued (Repurchased) | -323 | -370 | -362 | -372 | -331 | -366 | -373 | -375 | -334 | -371 | -366 | -368 | -342 | -488 | -500 | -374 | -359 | -242 | -250 | -234 |
Common Dividends Paid | -465 | -467 | -438 | -439 | -441 | -443 | -415 | -418 | -419 | -421 | -396 | -398 | -400 | -403 | -377 | -380 | -382 | -383 | -359 | -360 |
Other Financing Activities | 241 | 19 | -7 | 280 | 184 | 497 | -333 | -819 | 929 | -84 | -26 | -1,051 | 695 | -280 | 443 | 69 | 551 | 119 | 1 | -1 |
Financing Cash Flow | -547 | -818 | -775 | -563 | -588 | -943 | -1,121 | -601 | -524 | -877 | -788 | -932 | -185 | -1,035 | -681 | -795 | -489 | -417 | -608 | -945 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | -1 | 3 | 6 | 20 | 13 | -53 | 21 | -14 | -19 | 33 | -23 | -10 | 3 | 31 | -46 | -50 | 8 | -9 | -20 | 13 |
Net Cash Flow | -24 | -73 | 136 | -85 | -75 | 1 | 85 | -97 | -106 | 75 | 68 | -221 | 435 | -66 | -105 | -417 | -231 | -460 | -71 | -426 |
Free Cash Flow | 528 | 858 | 904 | 449 | 496 | 996 | 783 | 571 | 494 | 908 | 856 | 705 | 615 | 655 | 612 | 420 | 249 | 695 | 548 | 477 |
Free Cash Flow Growth | 6.45% | -13.86% | 15.45% | -21.37% | 0.40% | 9.69% | -8.53% | -19.01% | -19.68% | 38.63% | 39.87% | 67.86% | 146.99% | -5.75% | 11.68% | -11.95% | -53.97% | -1.42% | -13.15% | -29.96% |
FCF Margin | 13.15% | 20.96% | 22.27% | 11.08% | 12.92% | 25.33% | 19.74% | 14.18% | 12.43% | 22.80% | 21.24% | 17.30% | 15.30% | 16.49% | 15.26% | 10.47% | 6.32% | 18.89% | 15.41% | 12.98% |
Free Cash Flow Per Share | 1.83 | 2.96 | 3.10 | 1.53 | 1.68 | 3.37 | 2.64 | 1.91 | 1.65 | 3.02 | 2.83 | 2.32 | 2.01 | 2.13 | 1.98 | 1.35 | 0.79 | 2.21 | 1.73 | 1.51 |
Levered Free Cash Flow | 670 | 769 | 872 | 510 | 611 | 231 | 1,267 | -9 | -15 | 883 | 815 | 194 | 470 | 1,085 | 386 | 414 | 272 | 804 | 500 | 345 |
Unlevered Free Cash Flow | 712.09 | 816.06 | 889.31 | 562.96 | 654.8 | 898.62 | 1,003 | 623.01 | 727.02 | 931.18 | 858.44 | 772.45 | 646.72 | 839.77 | 652.75 | 542.8 | 597.14 | 747.3 | 530.92 | 721.94 |