← ILLINOIS TOOL WORKS INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $2.5b $3.1b $1.5b $2.0b $2.6b $1.5b $708.0m $1.1b $948.0m $851.0m
Prepaid Expense and Other Assets, Current $218.0m $336.0m $334.0m $296.0m $264.0m $313.0m $329.0m $340.0m $312.0m $463.0m
Inventory, Net $1.1b $1.2b $1.3b $1.2b $1.2b $1.7b $2.1b $1.7b $1.6b $1.7b
Assets, Current $6.1b $7.3b $5.8b $6.3b $6.5b $6.4b $6.3b $6.2b $5.9b $6.2b
Property, Plant and Equipment, Net $1.7b $1.8b $1.8b $1.7b $1.8b $1.8b $1.8b $2.0b $2.0b $2.2b
Goodwill $4.6b $4.8b $4.6b $4.5b $4.7b $5.0b $4.9b $4.9b $4.8b $5.1b
Intangible Assets, Net (Excluding Goodwill) $1.5b $1.3b $1.1b $851.0m $781.0m $972.0m $768.0m $657.0m $592.0m $591.0m
Operating Lease, Right-of-Use Asset — — — $206.0m $216.0m $222.0m $212.0m $248.0m $266.0m $294.0m
Other Assets, Noncurrent $956.0m $1.2b $1.0b $1.2b $1.3b $1.4b $1.2b $1.3b $1.4b $1.5b
Additional Financial Items
Accrued Liabilities, Current $1.2b $1.3b $1.3b $1.2b $1.3b $1.6b $1.7b $1.7b $1.6b $1.6b
Assets $15.2b $16.8b $14.9b $15.1b $15.6b $16.1b $15.4b $15.5b $15.1b $16.1b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current — — — $51.0m $55.0m $61.0m $55.0m $58.0m $57.0m $62.0m
Accounts Payable, Current $511.0m $590.0m $524.0m $472.0m $534.0m $585.0m $594.0m $581.0m $519.0m $522.0m
Operating Lease, Liability, Noncurrent — — — $128.0m $133.0m $133.0m $131.0m $148.0m $158.0m $180.0m
Dividends Payable, Current — — — — — — — — $441.0m $465.0m
Long-term Debt, Excluding Current Maturities $7.2b $7.5b $6.0b $7.8b $7.8b $6.9b $6.2b $6.3b $6.3b $6.7b
Long-term Debt, Current Maturities $650.0m $1.0m $1.4b $4.0m $350.0m $568.0m $535.0m $1.4b $777.0m $999.0m
Liabilities, Current $2.8b $3.1b $3.5b $2.2b $2.6b $3.5b $4.5b $4.7b $4.3b $5.1b
Deferred Income Tax Liabilities, Net $134.0m $164.0m $707.0m $668.0m $588.0m $654.0m $484.0m $326.0m $119.0m $154.0m
Other Liabilities, Noncurrent $871.0m $882.0m $839.0m $1.0b $1.1b $1.1b $943.0m $1.0b $1.0b $959.0m
Stockholders’ equity:
Common Stock, Value, Issued $6.0m $6.0m $6.0m $6.0m $6.0m $6.0m $6.0m $6.0m $6.0m $6.0m
Retained Earnings (Accumulated Deficit) $19.5b $20.2b $21.2b $22.4b $23.1b $24.3b $25.8b $27.1b $28.9b $30.1b
Accumulated Other Comprehensive Income (Loss), Net of Tax ($1.8b) ($1.3b) ($1.7b) ($1.7b) ($1.6b) ($1.5b) ($1.8b) ($1.8b) ($1.9b) ($1.8b)
Additional Paid in Capital, Common Stock $1.2b $1.2b $1.3b $1.3b $1.4b $1.4b $1.5b $1.6b $1.7b $1.8b
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax $405.0m $291.0m $364.0m $390.0m $331.0m $196.0m $293.0m $327.0m $266.0m $237.0m
Stockholders' Equity Attributable to Noncontrolling Interest $5.0m $4.0m $4.0m $4.0m $1.0m $1.0m $1.0m $1.0m $1.0m $1.0m
Liabilities and Equity $15.2b $16.8b $14.9b $15.1b $15.6b $16.1b $15.4b $15.5b $15.1b $16.1b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.