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.

Cash Flow Statement
Quarterly Data

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Illinois Tool Works Inc., consolidated cash flow statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Net income 609 639 775 671 642 582 319 566 641 660 623 597 607 638 666 652 (76) 640 587 536
Depreciation 71 70 70 66 70 70 65 68 68 66 66 67 69 68 68 67 68 65 62 61
Amortization and impairment of intangible assets 33 34 32 34 35 48 35 36 37 38 41 43 46 47 48 48 50 51 52 53
Change in deferred income taxes (69) 8 (108) 21 (49) (3) 5 17 (15) 8 17 22 54 (30) 15 (5) 9 32 3 20
Provision for uncollectible accounts 3 (1) 1 2 1 2 2 3 1 2 1 1 2 1 1 1 1
Income from investments (1) (4) (23) (1) (2) (1) (2) (3) (3) (1) (4) (7) (1) (3) (2) (3) (3) (2) (9) (2)
(Gain) loss on sale of plant and equipment 1 1 (1) (9) 1 (5) (1) (1) (1) (1) 1
(Gain) loss on sale of operations and affiliates 1 (1) (50) 4 2 1 1 (1)
Stock-based compensation expense 12 14 16 11 11 14 8 9 9 10 12 10 9 11 11 9 9 8 10 9
Other non-cash items, net 5 1 4 3 2 2 2 2 2 1 2 4 4 1 1 4 4 2 3 1
(Increase) decrease in trade receivables 30 30 (108) (192) 53 (260) 292 10 78 78 (10) (106) 142 86 (96) (192) 59 (11) (38) (148)
(Increase) decrease in inventories (85) (143) (100) (122) (7) 64 34 (48) 67 20 43 (32) 14 (27) (27) (68) 12 (11) (15) (67)
(Increase) decrease in prepaid expenses and other assets 27 (43) 1 (21) (9) 27 33 (10) (10) 7 36 (22) (5) 11 26 (29) (24) 15 (89) (23)
Increase (decrease) in accounts payable (7) (36) 15 65 (4) 99 (93) 17 (31) (5) (28) 48 (49) (44) (8) 55 (2) (6) (9) 56
Increase (decrease) in accrued expenses and other liabilities 69 92 54 (13) (12) 125 (3) (93) (27) 46 (15) (99) (11) 52 13 (90) 14 59 2 (117)
Increase (decrease) in income taxes 79 (43) (75) 88 40 (86) 34 46 14 (4) (104) 87 (65) 31 (97) 90 577 (62) (95) 81
Other, net (2) 1 1 (1) (1) 6 (4) (8) 5 (2) 2 (2) 2
Change in assets and liabilities, net of acquisitions and divestitures 111 (142) (212) (196) 60 (31) 303 (82) 83 147 (78) (124) 24 111 (189) (234) 636 (16) (246) (216)
Adjustments to reconcile net income to cash provided by operating activities 165 (20) (220) (62) 131 101 418 48 133 260 62 19 202 206 (46) (114) 771 140 (123) (73)
Net cash provided by operating activities 774 619 555 609 773 683 737 614 774 920 685 616 809 844 620 538 695 780 464 463
Acquisition of businesses, excluding cash and equivalents (731) (4) (3)
Additions to plant and equipment (79) (71) (78) (68) (68) (52) (56) (60) (82) (90) (77) (77) (82) (101) (87) (94) (78) (78) (77) (64)
Proceeds from investments 1 7 29 1 4 3 7 4 1 8 7 3 3 5 5 18 7 11 7
Proceeds from sale of plant and equipment 2 3 1 2 2 3 2 3 3 16 4 2 12 6 6 2 6 5 3
Proceeds from sales of operations and affiliates 1 115 3 2 1 2
Other, net (1) (1) (1) (2) 1 1 (3) (3) 1 (16) (2) (2) (3) (6) (1)
Net cash used for investing activities (808) (62) (49) (65) (63) (48) (50) (53) 37 (69) (79) (72) (67) (93) (76) (89) (57) (72) (65) (57)
Cash dividends paid (383) (359) (360) (361) (360) (339) (338) (342) (344) (323) (326) (328) (332) (262) (264) (266) (267) (224) (224) (226)
Issuance of common stock 8 16 26 6 32 11 17 35 26 13 11 11 1 10 26 13 27 18
Repurchases of common stock (250) (250) (250) (250) (706) (375) (375) (375) (375) (500) (500) (500) (500) (250) (250) (250) (250)
Net proceeds from (repayments of) debt with original maturities of three months or less 119 1 1 (1,060) 1,058 (10) (840) 152 6 20 671
Proceeds from debt with original maturities of more than three months 90 1,774
Repayments of debt with original maturities of more than three months (1) (350) (4) (1) (700) (650) (1) (652)
Other, net (1) (9) (10) 1 (1) (16) (1) (11) 1 (12) (1) (2) (11)
Net cash used for financing activities (417) (608) (945) (594) (368) (306) (328) (1,047) (685) (671) (675) (295) (821) (761) (774) (1,608) (340) (455) (429) (450)
Effect of exchange rate changes on cash and equivalents (9) (20) 13 (30) 53 28 23 (65) 30 (32) (9) 2 (6) (29) (82) 5 11 36 33 65
Cash and equivalents, increase (decrease) during the period (460) (71) (426) (80) 395 357 382 (551) 156 148 (78) 251 (85) (39) (312) (1,154) 309 289 3 21

Based on: 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Illinois Tool Works Inc. net cash provided by operating activities increased from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021.
Net cash used for investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Illinois Tool Works Inc. net cash used for investing activities decreased from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021.
Net cash used for financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Illinois Tool Works Inc. net cash used for financing activities increased from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021.