# ILLINOIS TOOL WORKS INC (ITW) FY2025 Q1 Balance Sheet

- Company: ILLINOIS TOOL WORKS INC (ITW)
- Period: As of 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-05-01, accession number 0000049826-25-000014
- Page: https://plicit.ai/financials/itw/fy2025-q1-balance-sheet
- Chart image: https://plicit.ai/charts/itw-fy2025-q1-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2025-03-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 15,468,000,000 US dollars
- **Current assets**: 6,037,000,000 US dollars
- **Non-current assets**: 9,431,000,000 US dollars
- **Liabilities (calculated)**: 12,226,000,000 US dollars
- **Current liabilities**: 3,780,000,000 US dollars
- **Non-current liabilities**: 8,446,000,000 US dollars
- **Equity**: 3,242,000,000 US dollars
- **Noncontrolling interest**: 1,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Trade receivables**: 3,153,000,000 US dollars
- **Inventories**: 1,663,000,000 US dollars
- **Cash and equivalents**: 873,000,000 US dollars
- **Prepaid expenses and other current assets**: 348,000,000 US dollars
- **Goodwill**: 4,903,000,000 US dollars
- **Net plant and equipment**: 2,085,000,000 US dollars
- **Other assets**: 1,431,000,000 US dollars
- **Intangible assets**: 572,000,000 US dollars
- **Deferred income taxes**: 440,000,000 US dollars
- **Accrued expenses**: 1,477,000,000 US dollars
- **Short-term debt**: 981,000,000 US dollars
- **Accounts payable**: 594,000,000 US dollars
- **Cash dividends payable**: 439,000,000 US dollars
- **Income taxes payable**: 289,000,000 US dollars
- **Long-term debt**: 7,282,000,000 US dollars
- **Other liabilities**: 1,037,000,000 US dollars
- **Deferred income taxes**: 127,000,000 US dollars
- **Retained earnings**: 29,154,000,000 US dollars
- **Additional paid-in-capital**: 1,705,000,000 US dollars
- **Common stock (Authorized- 700.0 shares; par value of $0.01 per share): Issued- 550.0 shares in 2025 and 2024 Outstanding- 293.0 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 25,746,000,000 US dollars
- **Accumulated other comprehensive income (loss)**: negative 1,878,000,000 US dollars
- **Gross equity (calculated)**: 30,866,000,000 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.