ILLINOIS TOOL WORKS INC ITW Cash Flow

Illinois tool works inc (ITW)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Cash Provided by (Used for) Operating Activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
566,000	641,000	660,000	623,000	597,000	607,000	638,000	666,000	652,000	-76,000	640,000	587,000	536,000	507,000	535,000	525,000	468,000	450,000	511,000	480,000	458,000	450,000	531,000	1,492,000	473,000	408,000	452,000	465,000	354,000	979,000	524,000	881,000	486,000	442,000	507,000	499,000	623,000	335,711	422,028	411,456	333,805	533,088	302,418	176,565	-39,374
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation
68,000	68,000	66,000	66,000	67,000	69,000	68,000	68,000	67,000	68,000	65,000	62,000	61,000	64,000	64,000	60,000	58,000	64,000	61,000	60,000	59,000	60,000	65,000	69,000	68,000	70,000	75,000	78,000	76,000	81,000	80,000	81,000	81,000	83,000	86,000	84,000	83,000	85,539	82,936	83,127	83,398	103,890	89,703	101,094	81,539
Amortization and impairment of intangible assets
36,000	37,000	38,000	41,000	43,000	46,000	47,000	48,000	48,000	50,000	51,000	52,000	53,000	54,000	56,000	55,000	59,000	57,000	59,000	58,000	59,000	60,000	63,000	60,000	62,000	64,000	72,000	66,000	112,000	71,000	72,000	75,000	72,000	70,000	68,000	64,000	56,000	-	-	-	52,934	54,559	61,542	51,947	140,567
Change in deferred income taxes
-17,000	15,000	-8,000	-17,000	-22,000	-54,000	30,000	-15,000	5,000	-9,000	-32,000	-3,000	-20,000	35,000	25,000	-10,000	213,000	-24,000	28,000	18,000	-11,000	-46,000	42,000	-39,000	-12,000	96,000	-53,000	-45,000	-4,000	-284,000	29,000	32,000	-20,000	-220,000	96,000	24,000	-76,000	-124,929	-3,898	-20,741	6,568	-394,753	-75,748	29,702	-41,004
Provision for uncollectible accounts
2,000	3,000	0	1,000	2,000	1,000	1,000	2,000	1,000	0	1,000	1,000	1,000	0	1,000	3,000	3,000	1,000	2,000	2,000	2,000	0	2,000	3,000	2,000	-2,000	0	1,000	4,000	-1,000	2,000	7,000	3,000	0	0	3,000	2,000	-7,430	1,435	5,782	4,213	4,355	6,404	2,867	3,917
(Income) loss from investments
3,000	3,000	1,000	4,000	7,000	1,000	3,000	2,000	3,000	3,000	2,000	9,000	2,000	-18,000	2,000	1,000	2,000	3,000	4,000	-2,000	-1,000	1,000	1,000	6,000	0	2,000	5,000	0	5,000	0	2,000	6,000	3,000	-1,000	4,000	11,000	3,000	7,594	3,174	7,102	3,130	7,138	11,762	-19,693	5,737
(Gain) loss on sale of plant and equipment
-	-	-	-	-	5,000	0	1,000	1,000	1,000	1,000	-1,000	0	1,000	-1,000	0	-1,000	0	-2,000	1,000	0	-	-	-	-	-1,000	1,000	-1,000	2,000	2,000	1,000	1,000	0	-	-	-	-	-283	1,989	-157	-549	-1,152	1,878	-3,298	976
(Gain) loss on discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	-16,000	-11,000	-65,000	3,000	42,000	454,000	0	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on sale of operations and affiliates
1,000	50,000	0	-4,000	-2,000	-1,000	0	-1,000	0	-	-	-	-	-	-	-	-	0	0	0	16,000	1,000	-2,000	-4,000	-1,000	0	1,000	-2,000	-4,000	933,000	-3,000	0	1,000	-	-	-	-	-25,763	16,152	504	1,107	-144	-4,398	-59,624	29,851
Stock-based compensation expense
9,000	9,000	10,000	12,000	10,000	9,000	11,000	11,000	9,000	9,000	8,000	10,000	9,000	8,000	11,000	11,000	9,000	8,000	9,000	10,000	14,000	9,000	9,000	12,000	9,000	11,000	8,000	9,000	9,000	18,000	12,000	12,000	12,000	14,000	14,000	14,000	14,000	13,681	14,920	14,979	12,420	16,201	11,688	12,332	11,637
Gain on acquisition of controlling interest in an equity investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	30,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash items, net
2,000	2,000	1,000	2,000	4,000	4,000	1,000	1,000	4,000	4,000	2,000	3,000	1,000	9,000	-5,000	-3,000	4,000	5,000	0	-8,000	15,000	3,000	4,000	-4,000	8,000	12,000	4,000	1,000	3,000	27,000	-1,000	-17,000	14,000	-1,000	-2,000	-2,000	-1,000	-1,033	-1,631	839	-175	-4,304	3,191	-2,885	2,912
Change in assets and liabilities, net of acquisitions and divestitures:
(Increase) decrease in-
Trade receivables
-10,000	-78,000	-78,000	10,000	106,000	-142,000	-86,000	96,000	192,000	-59,000	11,000	38,000	148,000	-66,000	-12,000	55,000	155,000	-115,000	-32,000	16,000	173,000	-169,000	7,000	35,000	197,000	-132,000	-100,000	140,000	175,000	-196,000	-130,000	96,000	243,000	-164,000	-59,000	205,000	321,000	-189,013	-34,123	211,075	182,061	101,033	-1,663	-663,418	340,993
Inventories
48,000	-67,000	-20,000	-43,000	32,000	-14,000	27,000	27,000	68,000	-12,000	11,000	15,000	67,000	-56,000	-7,000	25,000	29,000	-57,000	-16,000	-10,000	58,000	-52,000	7,000	6,000	49,000	-60,000	3,000	-5,000	38,000	-89,000	-39,000	3,000	43,000	-78,000	-65,000	112,000	82,000	9,653	38,853	63,783	110,711	-51,435	-96,838	-623,022	194,363
Prepaid expenses and other assets
10,000	10,000	-7,000	-36,000	22,000	5,000	-11,000	-26,000	29,000	24,000	-15,000	89,000	23,000	33,000	-28,000	37,000	21,000	-2,000	2,000	-7,000	-17,000	55,000	-28,000	32,000	39,000	-158,000	-63,000	-36,000	31,000	-5,000	38,000	-2,000	44,000	39,000	-9,000	-70,000	90,000	-13,962	69,649	-54,651	37,964	-19,021	-4,602	38,834	-15,720
Increase (decrease) in-
Accounts payable
17,000	-31,000	-5,000	-28,000	48,000	-49,000	-44,000	-8,000	55,000	-2,000	-6,000	-9,000	56,000	-26,000	-45,000	23,000	45,000	-43,000	-27,000	-22,000	62,000	-44,000	46,000	-17,000	-5,000	-35,000	-32,000	-19,000	94,000	-51,000	-43,000	-2,000	75,000	-75,000	-71,000	-2,000	93,000	-5,031	-72,011	62,626	84,416	98,190	38,635	-1,935	-154,526
Accrued expenses and other liabilities
-93,000	-27,000	46,000	-15,000	-99,000	-11,000	52,000	13,000	-90,000	14,000	59,000	2,000	-117,000	48,000	-8,000	67,000	-67,000	32,000	28,000	15,000	-131,000	-61,000	67,000	37,000	-38,000	83,000	48,000	162,000	-132,000	-45,000	-8,000	61,000	-95,000	-46,000	29,000	97,000	-28,000	-88,874	115,435	11,504	28,935	-122,401	-91,170	67,778	-100,577
Income taxes
46,000	14,000	-4,000	-104,000	87,000	-65,000	31,000	-97,000	90,000	577,000	-62,000	-95,000	81,000	-22,000	-7,000	-102,000	318,000	-65,000	47,000	-132,000	123,000	-234,000	-479,000	683,000	63,000	-129,000	-40,000	-57,000	50,000	-108,000	-68,000	-5,000	8,000	145,000	9,000	-209,000	-127,000	-96,769	7,493	-61,356	1,632	272,834	139,504	-33,128	-23,649
Other, net
4,000	-	-	-	0	-	-	-	-	-	-	-	-2,000	-	-	2,000	-1,000	1,000	0	-1,000	1,000	-4,000	2,000	17,000	56,000	26,000	-2,000	23,000	-4,000	2,000	-5,000	-6,000	19,000	-3,000	-13,000	0	-2,000	18	568	512	-1,098	-2,033	10,832	-20,642	9,359
Net cash provided by operating activities
614,000	774,000	920,000	685,000	616,000	809,000	844,000	620,000	538,000	695,000	780,000	464,000	463,000	664,000	624,000	535,000	479,000	703,000	706,000	448,000	442,000	458,000	271,000	573,000	314,000	708,000	811,000	643,000	366,000	605,000	635,000	509,000	323,000	712,000	787,000	312,000	145,000	355,861	523,968	333,351	274,820	527,273	569,196	624,082	447,001
Cash Provided by (Used for) Investing Activities:
Acquisition of businesses (excluding cash and equivalents)
0	0	0	0	4,000	0	0	0	0	0	0	0	3,000	-3,000	454,000	0	2,000	0	0	4,000	2,000	2,000	37,000	4,000	2,000	2,000	290,000	21,000	56,000	74,000	62,000	106,000	481,000	109,000	451,000	205,000	543,000	195,515	84,655	189,785	27,045	163,062	4,702	49,131	64,509
Additions to plant and equipment
60,000	82,000	90,000	77,000	77,000	82,000	101,000	87,000	94,000	78,000	78,000	77,000	64,000	71,000	81,000	64,000	57,000	75,000	62,000	64,000	83,000	89,000	126,000	78,000	68,000	111,000	79,000	89,000	89,000	108,000	90,000	100,000	84,000	94,000	83,000	87,000	89,000	88,385	76,334	64,100	59,181	81,386	53,015	57,402	63,936
Purchases of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,439	304	459	798	16,099	964	-11,831	12,354
Proceeds from investments
7,000	4,000	1,000	8,000	7,000	3,000	3,000	5,000	5,000	18,000	7,000	11,000	7,000	4,000	7,000	4,000	6,000	5,000	14,000	2,000	1,000	5,000	12,000	10,000	1,000	22,000	4,000	1,000	13,000	80,000	55,000	23,000	123,000	14,000	11,000	3,000	9,000	9,450	8,123	3,203	6,224	9,651	6,488	2,640	1,436
Proceeds from sale of plant and equipment
3,000	3,000	16,000	4,000	2,000	12,000	6,000	6,000	2,000	6,000	5,000	0	3,000	5,000	7,000	2,000	2,000	11,000	7,000	4,000	8,000	7,000	6,000	8,000	7,000	15,000	12,000	7,000	4,000	10,000	10,000	5,000	5,000	3,000	9,000	3,000	2,000	4,706	4,522	3,481	5,291	4,053	7,778	9,788	5,117
Net proceeds from sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-18,000	-129,000	-62,000	3,000	-1,605,000	164,000	626,000	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of operations and affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	-1,000	1,000	1,000	0	0	1,000	28,000	5,000	4,000	9,000	0	-	-	-	-	1,021,000	4,000	0	3,000	-	-	-	-	846	60,751	1,445	-42	943	631	17,233	-1,548
Other, net
3,000	3,000	-1,000	16,000	0	0	2,000	0	2,000	3,000	6,000	1,000	0	-	-	-	-	-2,000	-49,000	42,000	10,000	32,000	-1,000	-18,000	4,000	1,000	-2,000	3,000	3,000	-2,000	1,000	0	3,000	6,000	-3,000	-1,000	-8,000	1,726	-2,111	-13,350	-7,265	-12,599	4,914	30,677	489
Net cash provided by (used for) investing activities
-53,000	37,000	-69,000	-79,000	-72,000	-67,000	-93,000	-76,000	-89,000	-57,000	-72,000	-65,000	-57,000	105,000	-522,000	-65,000	-50,000	-57,000	8,000	-103,000	-58,000	-106,000	-126,000	3,140,000	-66,000	-59,000	-221,000	-42,000	-134,000	956,000	80,000	448,000	-437,000	-170,000	-512,000	-284,000	-613,000	-285,063	-85,786	-232,865	-68,286	-233,301	-48,698	-95,718	-136,283
Cash Provided by (Used for) Financing Activities:
Cash dividends paid
342,000	344,000	323,000	326,000	328,000	332,000	262,000	264,000	266,000	267,000	224,000	224,000	226,000	228,000	195,000	198,000	200,000	200,000	177,000	179,000	186,000	190,000	166,000	174,000	181,000	186,000	171,000	171,000	0	350,000	169,000	172,000	174,000	174,000	167,000	170,000	169,000	168,417	156,088	155,771	155,724	155,282	154,892	154,781	154,726
Issuance of common stock
17,000	35,000	26,000	13,000	11,000	11,000	1,000	0	10,000	26,000	13,000	27,000	18,000	10,000	17,000	18,000	39,000	11,000	1,000	16,000	31,000	55,000	12,000	54,000	27,000	20,000	58,000	92,000	36,000	68,000	102,000	42,000	71,000	13,000	9,000	50,000	81,000	56,339	15,809	37,711	5,141	46,405	39,373	10,572	5,383
Repurchases of common stock
706,000	375,000	375,000	375,000	375,000	500,000	500,000	500,000	500,000	250,000	250,000	250,000	250,000	518,000	482,000	520,000	480,000	0	216,000	307,000	1,479,000	830,000	611,000	1,465,000	1,440,000	1,072,000	357,000	333,000	344,000	624,000	396,000	557,000	443,000	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from (repayments of) debt with original maturities of three months or less
0	0	1,000	-1,060,000	1,058,000	0	0	-10,000	-840,000	152,000	6,000	20,000	671,000	-714,000	499,000	214,000	-525,000	-284,000	-6,000	-889,000	233,000	933,000	508,000	-958,000	-722,000	1,199,000	26,000	46,000	-4,000	38,000	-1,016,000	192,000	994,000	-542,000	-406,000	696,000	419,000	-556,043	303,381	-18,749	114,411	137,885	-84,901	-327,071	-1,341,911
Proceeds from debt with original maturities of more than three months
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,341,000	1,988,000	2,000	0	1,000	0	-	-	-	-	-	-	-	-	-1,919	1,431	957	531	-4,679	124	56	2,157,939
Repayments of debt with original maturities of more than three months
0	1,000	0	700,000	650,000	0	1,000	0	0	0	0	0	652,000	0	0	1,000	0	-	-	-	-	-	-	-	-	-	-	-	-	7,000	5,000	1,000	259,000	2,000	5,000	1,000	1,000	-28,159	37,702	23,443	1,014	1,195	20,055	638,713	619,906
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	4,000	6,000	6,000	13,000	2,000	2,000	0	16,000	11,000	3,000	10,000	9,000	-	-	-	-	3,000	11,000	1,000	1,000	0	1,000	2,000	5,000	4,535	1,154	2,123	188	3,442	581	25	3
Other, net
-16,000	0	0	-1,000	-11,000	0	1,000	0	-12,000	-1,000	0	-2,000	-11,000	-1,000	0	-1,000	-10,000	-1,000	2,000	-1,000	-12,000	-1,000	-1,000	-2,000	-10,000	0	-14,000	7,000	7,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities
-1,047,000	-685,000	-671,000	-675,000	-295,000	-821,000	-761,000	-774,000	-1,608,000	-340,000	-455,000	-429,000	-450,000	-456,000	-155,000	-481,000	-1,163,000	-472,000	-395,000	-262,000	-1,397,000	-972,000	-255,000	-1,995,000	-329,000	-38,000	-438,000	-359,000	-305,000	-872,000	-394,000	-495,000	190,000	-704,000	21,000	27,000	335,000	-637,346	-222,015	-157,172	-36,467	26,576	-219,770	-1,109,912	46,782
Effect of Exchange Rate Changes on Cash and Equivalents
-65,000	30,000	-32,000	-9,000	2,000	-6,000	-29,000	-82,000	5,000	11,000	36,000	33,000	65,000	-140,000	-3,000	-82,000	92,000	-85,000	-176,000	103,000	-305,000	-210,000	-367,000	32,000	10,000	-11,000	98,000	-136,000	-44,000	36,000	41,000	-74,000	50,000	21,000	-208,000	92,000	31,000	27,375	167,857	-103,535	-14,697	-35,275	25,725	76,852	20,649
Cash and Equivalents:
Increase (decrease) during the period
-551,000	156,000	148,000	-78,000	251,000	-85,000	-39,000	-312,000	-1,154,000	309,000	289,000	3,000	21,000	173,000	-56,000	-93,000	-642,000	89,000	143,000	186,000	-1,318,000	-830,000	-477,000	1,750,000	-71,000	600,000	250,000	106,000	-117,000	725,000	362,000	388,000	126,000	-141,000	88,000	147,000	-102,000	-539,173	384,024	-160,221	155,370	285,273	326,453	-504,696	378,149
Supplementary Cash Flow Information:
Supplementary Cash Flow Information:
Cash Paid During the Period for Interest
56,000	16,000	56,000	88,000	63,000	36,000	62,000	84,000	65,000	32,000	62,000	81,000	65,000	14,000	65,000	68,000	65,000	22,000	65,000	48,000	65,000	70,000	73,000	47,000	46,000	100,000	45,000	46,000	49,000	99,000	26,000	49,000	37,000	100,000	9,000	56,000	3,000	110,424	121	58,194	6,261	115,537	14,042	2,381	24,184
Cash Paid During the Period for Income Taxes, Net of Refunds
106,000	189,000	180,000	289,000	84,000	220,000	196,000	309,000	113,000	286,000	296,000	324,000	112,000	272,000	254,000	324,000	70,000	190,000	195,000	348,000	42,000	409,000	750,000	229,000	114,000	206,000	164,000	125,000	107,000	311,000	341,000	330,000	152,000	203,000	209,000	348,000	218,000	350,740	231,081	229,309	148,870	87,282	84,937	108,646	74,204
Liabilities Assumed from Acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-20,000	93,000	21,000	51,000	21,000	13,000	34,000	126,000	22,000	88,000	61,000	29,000	95,838	13,284	102,856	4,022	23,204	-3,574	19,605	18,628