# ILLINOIS TOOL WORKS INC (ITW) FY2025 Annual Balance Sheet

- Company: ILLINOIS TOOL WORKS INC (ITW)
- Period: As of 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-13, accession number 0000049826-26-000008
- Page: https://plicit.ai/financials/itw/fy2025-annual-balance-sheet
- Chart image: https://plicit.ai/charts/itw-fy2025-annual-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 16,148,000,000 US dollars
- **Current assets**: 6,200,000,000 US dollars
- **Non-current assets**: 9,948,000,000 US dollars
- **Liabilities (calculated)**: 12,922,000,000 US dollars
- **Current liabilities**: 5,126,000,000 US dollars
- **Non-current liabilities**: 7,796,000,000 US dollars
- **Equity**: 3,226,000,000 US dollars
- **Noncontrolling interest**: 1,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Trade receivables**: 3,227,000,000 US dollars
- **Inventories**: 1,659,000,000 US dollars
- **Cash and equivalents**: 851,000,000 US dollars
- **Prepaid expenses and other current assets**: 463,000,000 US dollars
- **Goodwill**: 5,098,000,000 US dollars
- **Net plant and equipment**: 2,230,000,000 US dollars
- **Other assets**: 1,510,000,000 US dollars
- **Intangible assets**: 591,000,000 US dollars
- **Deferred income taxes**: 519,000,000 US dollars
- **Short-term debt**: 2,286,000,000 US dollars
- **Accrued expenses**: 1,636,000,000 US dollars
- **Accounts payable**: 522,000,000 US dollars
- **Cash dividends payable**: 465,000,000 US dollars
- **Income taxes payable**: 217,000,000 US dollars
- **Long-term debt**: 6,683,000,000 US dollars
- **Other liabilities**: 959,000,000 US dollars
- **Deferred income taxes**: 154,000,000 US dollars
- **Retained earnings**: 30,150,000,000 US dollars
- **Additional paid-in-capital**: 1,771,000,000 US dollars
- **Common stock (Authorized- 700.0 shares; par value of $0.01 per share): Issued- 550.0 shares in 2025 and 2024 Outstanding- 288.6 shares in 2025 and 294.0 shares in 2024**: 6,000,000 US dollars
- **Noncontrolling interest**: 1,000,000 US dollars
- **Common stock held in treasury**: negative 26,875,000,000 US dollars
- **Accumulated other comprehensive income (loss)**: negative 1,827,000,000 US dollars
- **Gross equity (calculated)**: 31,928,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.