Illinois Tool Works
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Illinois Tool Works's balance sheet done over the years? Its assets were worth $15,518,000,000 last year, which is more than in the previous period. 81% of Illinois Tool Works’s total assets is currently financed by debt. Its liabilities reached the amount of $12,505,000,000, which means an increase by 1% compared compared to last year.
Debt to Assets
| 2014 | 17678000000 | 10.85B | 61.4% |
|---|---|---|---|
| 2015 | 15729000000 | 10.50B | 66.76% |
| 2016 | 15201000000 | 10.94B | 71.98% |
| 2017 | 16780000000 | 12.19B | 72.65% |
| 2018 | 14870000000 | 11.61B | 78.09% |
| 2019 | 15068000000 | 12.03B | 79.89% |
| 2020 | 15612000000 | 12.43B | 79.62% |
| 2021 | 16077000000 | 12.45B | 77.45% |
| 2022 | 15422000000 | 12.33B | 79.97% |
| 2023 | 15518000000 | 12.50B | 80.58% |
ITW Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.06B | 708M | 1.52B | 2.56B | 1.98B | 1.50B | 3.09B | 2.47B | 3.09B | 3.99B |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 3.25B | 3.17B | 2.84B | 2.50B | 2.46B | 2.62B | 0 | 2.35B | 0 | 2.47B |
Inventory | 1.70B | 2.05B | 1.69B | 1.18B | 1.16B | 1.31B | 1.22B | 1.07B | 1.08B | 1.18B |
Other current assets | 212M | 329M | 313M | 264M | 296M | 334M | 2.96B | 218M | 2.54B | 2.93B |
Total current assets | 6.23B | 6.27B | 6.37B | 6.52B | 6.25B | 5.77B | 7.27B | 6.12B | 6.72B | 8.07B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.22B | 1.84B | 1.80B | 1.77B | 1.72B | 1.79B | 1.77B | 1.65B | 1.57B | 1.68B |
Goodwill | 4.90B | 4.86B | 4.96B | 4.69B | 4.49B | 4.63B | 4.75B | 4.55B | 4.43B | 4.66B |
Intangible assets | 657M | 768M | 972M | 781M | 851M | 1.08B | 1.27B | 1.46B | 1.56B | 1.79B |
Long term investments | 0 | 0 | 0 | 0 | 51M | 51M | 53M | 73M | 212M | 251M |
Other non-current assets | 1.01B | 1.17B | 1.40B | 1.30B | 1.17B | 979M | 1.14B | 883M | 875M | 898M |
Total non-current assets | 9.28B | 9.15B | 9.70B | 9.08B | 8.81B | 9.09B | 9.50B | 9.07B | 9.00B | 9.60B |
Total assets | 15.51B | 15.42B | 16.07B | 15.61B | 15.06B | 14.87B | 16.78B | 15.20B | 15.72B | 17.67B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 520M | 427M | 394M | 222M | 188M | 215M | 205M | 180M | 169M | 194M |
Short term debt | 1.88B | 1.59B | 778M | 350M | 4M | 1.35B | 850M | 652M | 526M | 1.47B |
Total current liabilities | 4.67B | 4.46B | 3.47B | 2.58B | 2.15B | 3.54B | 3.05B | 2.76B | 2.36B | 3.53B |
| Non-current liabilities: | ||||||||||
Long term debt | 6.48B | 6.17B | 6.90B | 7.77B | 7.75B | 6.02B | 7.47B | 7.17B | 6.89B | 5.98B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.01B | 732M | 1.05B | 1.06B | 1B | 839M | 1.49B | 871M | 981M | 1.00B |
Total non-current liabilities | 7.83B | 7.87B | 8.98B | 9.84B | 9.88B | 8.07B | 9.13B | 8.18B | 8.13B | 7.32B |
Total liabilities | 12.50B | 12.33B | 12.45B | 12.43B | 12.03B | 11.61B | 12.19B | 10.94B | 10.50B | 10.85B |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |