ILLINOIS TOOL WORKS INC (ITW) Balance sheet
Top 20 of 43 line items reported by ITW · 250+ in the full API →
ILLINOIS TOOL WORKS INC (ITW) · Balance Sheet
Consolidated Balance Sheets
Annual · In millions USD · Latest as of Dec 31, 2025
| As of | |||||
|---|---|---|---|---|---|
FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | Trend | |
| Total Assets | $16,148 | $15,067 | $15,518 | $15,422 | |
| Total Current Assets | $6,200 | $5,856 | $6,235 | $6,270 | |
| Property, Plant & Equipment, net | 2,230 | 2,036 | 1,976 | 1,848 | |
| Operating leased assets | 294 | 266 | 248 | 212 | |
| Goodwill | 5,098 | 4,839 | 4,909 | 4,864 | |
| Intangible assets | 591 | 592 | 657 | 768 | |
| Other long-term assets | 1,510 | 1,375 | 1,262 | 1,178 | |
| Deferred tax assets, net | 519 | 369 | 479 | 494 | |
| Total Liabilities | $12,922 | $11,750 | $12,505 | $12,333 | |
| Total Current Liabilities | $5,126 | $4,308 | $4,675 | $4,460 | |
| Long-term debt | 6,683 | 6,308 | 6,339 | 6,173 | |
| Long-term income taxes | — | 0 | 151 | 273 | |
| Deferred income taxes | 154 | 119 | 326 | 484 | |
| Operating lease liabilities | 180 | 158 | 148 | 131 | |
| Pension & retiree benefits | 205 | 224 | 312 | 306 | |
| Total Shareholders' Equity | $3,226 | $3,317 | $3,013 | $3,089 | |
| Current Ratio | 1.21 | 1.36 | 1.33 | 1.41 | |
| Quick Ratio | 0.80 | 0.91 | 0.90 | 0.87 | |
| Debt-to-Equity Ratio | 2.78 | 2.37 | 2.71 | 2.51 | |
| Working Capital | 1,074 | 1,548 | 1,560 | 1,810 | |
23 more line items available via the API
Cash & Short-Term InvestmentsCash & EquivalentsAccounts ReceivableInventoryPrepaid expensesOther Current AssetsAccounts PayableCurrent DebtShort-Term DebtCurrent Portion of Long-Term DebtAccrued LiabilitiesIncome Taxes PayableUnearned RevenueOther long-term liabilitiesCommon StockAdditional paid-in capitalTreasury stock, at costRetained EarningsAccumulated other comprehensive incomeAllowance for doubtful accountsDTA valuation allowanceProduct warranty reservesUnrecognized tax benefits