Stock Analysis on Net
Stock Analysis on Net

Illinois Tool Works Inc. (NYSE:ITW)

This company has been moved to the archive! The financial data has not been updated since February 11, 2022.

Common-Size Balance Sheet: Assets

Illinois Tool Works Inc., common-size consolidated balance sheet: assets

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Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Cash and equivalents 9.50 16.42 13.15 10.11 18.44
Trade receivables 17.66 16.05 16.33 17.63 15.66
Inventories 10.54 7.62 7.72 8.86 7.27
Value-added-tax receivables 0.52 0.46 0.48 0.53 0.42
Vendor advances 0.44 0.19 0.17 0.20 0.15
Income tax refunds receivable 0.11 0.28 0.51 0.66 0.72
Other 0.87 0.76 0.80 0.85 0.71
Prepaid expenses and other current assets 1.95% 1.69% 1.96% 2.25% 2.00%
Assets held for sale 0.00 0.00 2.33 0.00 0.00
Current assets 39.65% 41.78% 41.50% 38.86% 43.37%
Net plant and equipment 11.25 11.38 11.47 12.04 10.60
Goodwill 30.88 30.04 29.81 31.16 28.32
Intangible assets 6.05 5.00 5.65 7.29 7.58
Deferred income taxes 3.43 3.41 3.42 3.73 3.01
Prepaid pension assets 2.89 2.27 1.97 1.95 2.01
Cash surrender value of life insurance policies 2.79 2.91 2.93 2.89 2.63
Operating lease right-of-use assets 1.38 1.38 1.37 0.00 0.00
Customer tooling 0.96 1.02 0.94 1.15 1.10
Other 0.72 0.79 0.94 0.94 1.38
Other assets 8.74% 8.38% 8.14% 6.93% 7.12%
Noncurrent assets 60.35% 58.22% 58.50% 61.14% 56.63%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Illinois Tool Works Inc. current assets as a percentage of total assets increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.
Net plant and equipment Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Illinois Tool Works Inc. net plant and equipment as a percentage of total assets decreased from 2019 to 2020 and from 2020 to 2021.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Illinois Tool Works Inc. noncurrent assets as a percentage of total assets decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.