| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 768 | 790 | 821 | 755 |
| Depreciation | 81 | 83 | 82 | 78 |
| Amortization and impairment of intangible assets | 18 | 20 | 18 | 21 |
| Change in deferred income taxes | -1 | -22 | 9 | 13 |
| Net provision for (recoveries of) uncollectible accounts | 1 | 1 | 1 | 1 |
| (income) loss from investments | -1 | -1 | 1 | 1 |
| (gain) loss on sale of plant and equipment | 0 | -1 | 0 | -2 |
| (gain) loss on sale of operations and affiliates | NaN | 0 | NaN | NaN |
| Gain on sale of noncontrolling interest in wilsonart international holdings llc | NaN | 0 | 0 | NaN |
| Stock-based compensation expense | 18 | 17 | 17 | 19 |
| Cumulative effect of change in inventory accounting method | NaN | 0 | 0 | 0 |
| Other non-cash items, net | 2 | 4 | 1 | 1 |
| Trade receivables | 165 | -43 | -55 | 70 |
| Inventories | 75 | -82 | 18 | -7 |
| Prepaid expenses and other assets | 12 | 76 | -3 | -2 |
| Accounts payable | 91 | -89 | -1 | -3 |
| Accrued expenses and other liabilities | -100 | 43 | 14 | 18 |
| Income taxes | -6 | 21 | 38 | -266 |
| Other, net | 0 | 0 | 0 | 1 |
| Net cash provided by operating activities | 623 | 963 | 1,021 | 550 |
| Acquisition of businesses (excluding cash and equivalents) | 0 | 120 | 0 | 1 |
| Additions to plant and equipment | 95 | 105 | 117 | 101 |
| Proceeds from investments | 0 | 1 | 1 | 5 |
| Proceeds from sale of plant and equipment | 2 | 4 | 0 | 4 |
| Proceeds from sale of operations and affiliates | NaN | 0 | 0 | 1 |
| Proceeds from sale of noncontrolling interest in wilsonart international holdings llc | NaN | 0 | 0 | NaN |
| Other, net | 6 | 1 | 0 | 0 |
| Net cash provided by (used for) investing activities | -99 | -221 | -116 | -92 |
| Cash dividends paid | 465 | 467 | 438 | 439 |
| Issuance of common stock | 52 | 5 | 13 | 3 |
| Repurchases of common stock | 375 | 375 | 375 | 375 |
| Net proceeds from (repayments of) debt with original maturities of three months or less | 259 | 19 | 25 | 262 |
| Proceeds from debt with original maturities of more than three months | NaN | 0 | 0 | 0 |
| Repayments of debt with original maturities of more than three months | NaN | 0 | 0 | 0 |
| Other, net | -18 | 0 | 0 | -14 |
| Net cash provided by (used for) financing activities | -547 | -818 | -775 | -563 |
| Effect of exchange rate changes on cash and equivalents | -1 | 3 | 6 | 20 |
| Increase (decrease) during the period | -24 | -73 | 136 | -85 |
| Beginning of period | 851 | 24 | 160 | 948 |
| End of period | 827 | -73 | 136 | 788 |
ILLINOIS TOOL WORKS INC (ITW)
ILLINOIS TOOL WORKS INC (ITW)