Selected Financial Data
since 2005
Income Statement
Illinois Tool Works Inc., selected items from income statement, long-term trends
US$ in millions
| 12 months ended: | Operating revenue | Operating income | Net income |
|---|---|---|---|
| Dec 31, 2021 | 14,455) | 3,477) | 2,694) |
| Dec 31, 2020 | 12,574) | 2,882) | 2,109) |
| Dec 31, 2019 | 14,109) | 3,402) | 2,521) |
| Dec 31, 2018 | 14,768) | 3,584) | 2,563) |
| Dec 31, 2017 | 14,314) | 3,494) | 1,687) |
| Dec 31, 2016 | 13,599) | 3,064) | 2,035) |
| Dec 31, 2015 | 13,405) | 2,867) | 1,899) |
| Dec 31, 2014 | 14,484) | 2,888) | 2,946) |
| Dec 31, 2013 | 14,135) | 2,514) | 1,679) |
| Dec 31, 2012 | 17,924) | 2,847) | 2,870) |
| Dec 31, 2011 | 17,787) | 2,731) | 2,071) |
| Dec 31, 2010 | 15,870) | 2,357) | 1,527) |
| Dec 31, 2009 | 13,877) | 1,386) | 947) |
| Dec 31, 2008 | 15,869) | 2,338) | 1,519) |
| Dec 31, 2007 | 16,171) | 2,624) | 1,870) |
| Dec 31, 2006 | 14,055) | 2,421) | 1,718) |
| Dec 31, 2005 | 12,922) | 2,259) | 1,495) |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Balance Sheet: Assets
Illinois Tool Works Inc., selected items from assets, long-term trends
US$ in millions
| Current assets | Total assets | |
|---|---|---|
| Dec 31, 2021 | 6,374) | 16,077) |
| Dec 31, 2020 | 6,523) | 15,612) |
| Dec 31, 2019 | 6,253) | 15,068) |
| Dec 31, 2018 | 5,778) | 14,870) |
| Dec 31, 2017 | 7,278) | 16,780) |
| Dec 31, 2016 | 6,123) | 15,201) |
| Dec 31, 2015 | 6,720) | 15,729) |
| Dec 31, 2014 | 8,076) | 17,678) |
| Dec 31, 2013 | 9,816) | 19,966) |
| Dec 31, 2012 | 7,960) | 19,309) |
| Dec 31, 2011 | 6,849) | 17,984) |
| Dec 31, 2010 | 5,968) | 16,250) |
| Dec 31, 2009 | 5,675) | 16,082) |
| Dec 31, 2008 | 5,924) | 15,213) |
| Dec 31, 2007 | 6,166) | 15,526) |
| Dec 31, 2006 | 5,206) | 13,880) |
| Dec 31, 2005 | 4,112) | 11,446) |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Balance Sheet: Liabilities and Stockholders’ Equity
Illinois Tool Works Inc., selected items from liabilities and stockholders’ equity, long-term trends
US$ in millions
| Current liabilities | Total liabilities | Total debt | Stockholders’ equity attributable to ITW | |
|---|---|---|---|---|
| Dec 31, 2021 | 3,470) | 12,451) | 7,687) | 3,625) |
| Dec 31, 2020 | 2,589) | 12,430) | 8,122) | 3,181) |
| Dec 31, 2019 | 2,154) | 12,038) | 7,758) | 3,026) |
| Dec 31, 2018 | 3,542) | 11,612) | 7,380) | 3,254) |
| Dec 31, 2017 | 3,053) | 12,191) | 8,328) | 4,585) |
| Dec 31, 2016 | 2,760) | 10,942) | 7,829) | 4,254) |
| Dec 31, 2015 | 2,368) | 10,501) | 7,422) | 5,224) |
| Dec 31, 2014 | 3,533) | 10,854) | 7,457) | 6,819) |
| Dec 31, 2013 | 6,034) | 10,257) | 6,344) | 9,703) |
| Dec 31, 2012 | 2,651) | 8,739) | 5,048) | 10,561) |
| Dec 31, 2011 | 2,977) | 7,949) | 3,990) | 10,018) |
| Dec 31, 2010 | 3,094) | 6,869) | 2,830) | 9,370) |
| Dec 31, 2009 | 2,836) | 7,264) | 3,129) | 8,808) |
| Dec 31, 2008 | 4,876) | 7,550) | 3,677) | 7,663) |
| Dec 31, 2007 | 2,960) | 6,175) | 2,299) | 9,351) |
| Dec 31, 2006 | 2,637) | 4,863) | 1,418) | 9,018) |
| Dec 31, 2005 | 2,001) | 3,899) | 1,211) | 7,547) |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Cash Flow Statement
Illinois Tool Works Inc., selected items from cash flow statement, long-term trends
US$ in millions
| 12 months ended: | Net cash provided by operating activities | Net cash (used for) provided by investing activities | Net cash used for financing activities |
|---|---|---|---|
| Dec 31, 2021 | 2,557) | (984) | (2,564) |
| Dec 31, 2020 | 2,807) | (214) | (2,049) |
| Dec 31, 2019 | 2,995) | (183) | (2,326) |
| Dec 31, 2018 | 2,811) | (325) | (3,964) |
| Dec 31, 2017 | 2,402) | (251) | (1,674) |
| Dec 31, 2016 | 2,302) | (532) | (2,255) |
| Dec 31, 2015 | 2,299) | (210) | (2,526) |
| Dec 31, 2014 | 1,616) | 2,842) | (3,551) |
| Dec 31, 2013 | 2,528) | (456) | (1,140) |
| Dec 31, 2012 | 2,072) | 1,047) | (1,571) |
| Dec 31, 2011 | 1,956) | (1,579) | (321) |
| Dec 31, 2010 | 1,561) | (607) | (1,048) |
| Dec 31, 2009 | 2,147) | (504) | (1,250) |
| Dec 31, 2008 | 2,223) | (1,756) | (462) |
| Dec 31, 2007 | 2,484) | (924) | (1,390) |
| Dec 31, 2006 | 2,066) | (1,274) | (575) |
| Dec 31, 2005 | 1,847) | (784) | (1,266) |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Per Share Data
Illinois Tool Works Inc., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Dec 31, 2021 | 8.55 | 8.51 | 4.72 |
| Dec 31, 2020 | 6.66 | 6.63 | 4.42 |
| Dec 31, 2019 | 7.78 | 7.74 | 4.14 |
| Dec 31, 2018 | 7.65 | 7.60 | 3.56 |
| Dec 31, 2017 | 4.90 | 4.86 | 2.86 |
| Dec 31, 2016 | 5.73 | 5.70 | 2.40 |
| Dec 31, 2015 | 5.16 | 5.13 | 2.07 |
| Dec 31, 2014 | 7.33 | 7.28 | 1.81 |
| Dec 31, 2013 | 3.76 | 3.74 | 1.60 |
| Dec 31, 2012 | 6.11 | 6.06 | 1.48 |
| Dec 31, 2011 | 4.21 | 4.19 | 1.40 |
| Dec 31, 2010 | 3.05 | 3.03 | 1.30 |
| Dec 31, 2009 | 1.89 | 1.89 | 1.24 |
| Dec 31, 2008 | 2.93 | 2.91 | 1.18 |
| Dec 31, 2007 | 3.39 | 3.36 | 0.98 |
| Dec 31, 2006 | 3.04 | 3.01 | 0.75 |
| Dec 31, 2005 | 2.62 | 2.60 | 0.61 |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1, 2, 3 Data adjusted for splits and stock dividends.