Illinois Tool Works Balance Sheet - Annual (NYSE:ITW)

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$146.39 $0.19 (0.13%) ITW stock closing price Sep 18, 2018 (Closing)

The Illinois Tool Works balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. As in our Illinois Tool Works stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Illinois Tool Works balance sheet indicates an asset turnover ratio of 0.97 and debt to equity ratio of 1.96. Also check Illinois Tool Works revenue and Illinois Tool Works operating cash flow for the same period.

View latest 10 year balance sheet data to check Illinois Tool Works financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash3.09B2.47B3.09B3.99B3.62B2.78B1.18B1.19B1.32B742.95M
Marketable Securities----------
Receivables2.63B2.36B2.2B2.29B2.37B2.74B2.82B2.68B2.49B2.43B
Inventory1.22B1.08B1.09B1.18B1.25B1.59B1.72B1.55B1.36B1.67B
Raw Materials465M407M415M458M445M539M596.12M530.96M417.31M570.2M
Work In Progress141M126M130M133M145M152M155.89M157.22M137.46M163.22M
Finished Goods703M629M622M677M657M894M963.83M859.26M801.45M939.74M
Notes Receivable----------
Other Current Assets336M218M341M613M2.59B854M1.14B552.83M508.09M1.08B
Total Current Assets
7.28B6.12B6.72B8.08B9.82B7.96B6.85B5.97B5.67B5.92B
Property Plant & Equipment5.16B4.78B4.66B4.8B4.87B5.83B6.09B5.96B6.06B5.19B
Accumulated Depreciation3.38B3.13B3.08B3.11B3.16B3.84B4.06B3.94B3.92B3.22B
Net Property Plant & Equipment
1.78B1.65B1.58B1.69B1.71B1.99B2.03B2.02B2.14B1.97B
Investment & Advances-----146M408.9M441.6M451.29M465.89M
Other Non-Current Assets----------
Deferred Charges505M449M346M301M359M391M633.83M623.34M673.04M76.26M
Intangibles6.02B6.02B6B6.47B6.89B7.79B7.43B6.57B6.58B6.28B
Deposits & Other Assets1.2B956M1.09B1.15B1.2B1.03B635.05M619.93M562.37M500.31M
Total Assets
16.78B15.2B15.73B17.68B19.97B19.31B17.98B16.25B16.08B15.21B
Notes Payable----------
Accounts Payable590M511M449M512M634M676M696.77M754.11M689.57M642.12M
Current Portion Long-Term Debt850M652M526M1.48B3.55B459M502.06M317.78M213.68M2.43B
Current Portion Capital Leases----------
Accrued Expenses1.26B1.2B1.14B1.29B1.27B1.39B1.44B1.39B1.36B1.25B
Income Taxes Payable89M169M57M72M79M124M61.33M459.05M417.26M193.63M
Other Current Liabilities266M226M200M186M498M-280.94M169.23M155.72M355.47M
Total Current Liabilities
3.05B2.76B2.37B3.53B6.03B2.65B2.98B3.09B2.84B4.88B
Mortgages----------
Deferred Taxes/Income164M134M256M338M507M244M116.95M186.93M207.67M114.55M
Convertible Debt----------
Long-Term Debt7.48B7.18B6.9B5.98B2.79B4.59B3.49B2.51B2.91B1.24B
Non-Current Capital Leases----------
Other Long-Term Liabilities1.5B871M981M1B923M1.26B1.37B1.08B1.31B1.32B
Total Liabilities
12.19B10.94B10.5B10.85B10.26B8.74B7.95B6.87B7.26B7.55B
Minority Interest----------
Preferred Stock----------
Common Stock Net6M6M6M6M6M5M5.42M5.38M5.35M5.31M
Capital Surplus1.22B1.19B1.14B1.1B1.05B1.01B686.15M460.8M270.98M105.49M
Retained Earnings20.21B19.51B18.32B17.17B14.94B13.97B11.79B10.4B9.52B9.2B
Treasury Stock15.56B14.64B12.73B10.8B6.68B4.72B2.69B1.74B1.39B1.39B
Other Liabilities-1.28B-1.8B-1.5B-653M390M302M240.49M256.51M410.39M-253.21M
Shareholders Equity4.59B4.26B5.23B6.82B9.71B10.57B10.03B9.38B8.82B7.66B
Total Liabilities & Shareholders Equity16.78B15.2B15.73B17.68B19.97B19.31B17.98B16.25B16.08B15.21B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Illinois Tool Works historical stock prices and the current Illinois Tool Works stock price can tell you how the stock price has moved, whereas the Illinois Tool Works PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: An asset is a resource that a corporation like Illinois Tool Works owns and has monetary significance. ITW assets grew from $15.2B in 2016 to $16.78B in 2017. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Illinois Tool Works's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for ITW stock stand at $12.19B.

Illinois Tool Works Balance Sheet - Key Ratios

Current ratio
1.73
Debt to equity ratio
1.96
Asset turnover ratio
0.97
Receivables turnover
5.42
Price to book ratio
11.03