Name: Illinois Tool Works Inc. (NYSE:ITW) | Analysis of Revenues
Creator: Stock Analysis on Net

Analysis of Revenues

Illinois Tool Works Inc., income statement, revenues

US$ in millions

12 months ended:	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Automotive OEM	2,800)	2,571)	3,063)	3,338)	3,271)
Food Equipment	2,078)	1,739)	2,188)	2,214)	2,123)
Test & Measurement and Electronics	2,346)	1,963)	2,121)	2,171)	2,069)
Welding	1,650)	1,384)	1,638)	1,691)	1,538)
Polymers & Fluids	1,804)	1,622)	1,669)	1,724)	1,724)
Construction Products	1,945)	1,652)	1,625)	1,700)	1,672)
Specialty Products	1,854)	1,660)	1,825)	1,951)	1,938)
Intersegment revenue	(22)	(17)	(20)	(21)	(21)
Operating revenue	14,455)	12,574)	14,109)	14,768)	14,314)

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Item	Description	The company
Operating revenue	Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).	Illinois Tool Works Inc. operating revenue decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.