# ILLINOIS TOOL WORKS INC (ITW) FY2025 Q2 Balance Sheet

- Company: ILLINOIS TOOL WORKS INC (ITW)
- Period: As of 2025-06-30
- Filing: Q2 FY2025 10-Q, filed 2025-08-01, accession number 0000049826-25-000037
- Page: https://plicit.ai/financials/itw/fy2025-q2-balance-sheet
- Chart image: https://plicit.ai/charts/itw-fy2025-q2-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2025-06-30. The chart shows assets, liabilities and equity at that date.

- **Assets**: 16,048,000,000 US dollars
- **Current assets**: 6,234,000,000 US dollars
- **Non-current assets**: 9,814,000,000 US dollars
- **Liabilities (calculated)**: 12,837,000,000 US dollars
- **Current liabilities**: 3,932,000,000 US dollars
- **Non-current liabilities**: 8,905,000,000 US dollars
- **Equity**: 3,211,000,000 US dollars
- **Noncontrolling interest**: 1,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Trade receivables**: 3,320,000,000 US dollars
- **Inventories**: 1,710,000,000 US dollars
- **Cash and equivalents**: 788,000,000 US dollars
- **Prepaid expenses and other current assets**: 416,000,000 US dollars
- **Goodwill**: 5,038,000,000 US dollars
- **Net plant and equipment**: 2,177,000,000 US dollars
- **Other assets**: 1,477,000,000 US dollars
- **Deferred income taxes**: 564,000,000 US dollars
- **Intangible assets**: 558,000,000 US dollars
- **Accrued expenses**: 1,544,000,000 US dollars
- **Short-term debt**: 1,242,000,000 US dollars
- **Accounts payable**: 613,000,000 US dollars
- **Cash dividends payable**: 437,000,000 US dollars
- **Income taxes payable**: 96,000,000 US dollars
- **Long-term debt**: 7,695,000,000 US dollars
- **Other liabilities**: 1,066,000,000 US dollars
- **Deferred income taxes**: 144,000,000 US dollars
- **Retained earnings**: 29,471,000,000 US dollars
- **Additional paid-in-capital**: 1,725,000,000 US dollars
- **Common stock (Authorized- 700.0 shares; par value of $0.01 per share): Issued- 550.0 shares in 2025 and 2024 Outstanding- 295.1 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 26,124,000,000 US dollars
- **Accumulated other comprehensive income (loss)**: negative 1,868,000,000 US dollars
- **Gross equity (calculated)**: 31,203,000,000 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.