ILLINOIS TOOL WORKS INC ITW Cash Flow

Illinois tool works inc (ITW)

CashFlow / TTM

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
2,490	2,521	2,487	2,465	2,508	2,563	1,880	1,882	1,803	1,687	2,270	2,165	2,103	2,035	1,978	1,954	1,909	1,899	1,899	1,919	2,931	2,946	2,904	2,825	1,798	1,679	2,250	2,322	2,738	2,870	2,333	2,316	1,934	2,071	1,964	1,879	1,792	1,503	1,700	1,580	1,345	972	0	0	0
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation
268	267	268	270	272	272	271	268	262	256	252	251	249	246	246	243	243	244	240	244	253	262	272	282	291	299	310	315	318	323	325	331	334	336	338	335	334	335	353	360	378	376	0	0	0
Amortization and impairment of intangible assets
152	159	168	177	184	189	193	197	201	206	210	215	218	224	227	230	233	233	236	240	242	245	249	258	264	314	321	321	330	290	289	285	274	258	0	0	0	-	-	-	220	308	0	0	0
Change in deferred income taxes
-27	-32	-101	-63	-61	-34	11	-51	-39	-64	-20	37	30	263	204	207	235	11	-11	3	-54	-55	87	-8	-14	-6	-386	-304	-227	-243	-179	-112	-120	-176	-80	-180	-225	-143	-412	-484	-434	-481	0	0	0
Provision for uncollectible accounts
6	6	4	5	6	5	4	4	3	3	3	3	5	7	8	9	8	7	6	6	7	7	5	3	1	3	4	6	12	11	12	10	6	5	-2	-0	1	4	15	20	17	17	0	0	0
(Income) loss from investments
11	15	13	15	13	9	11	10	17	16	-5	-5	-13	-13	8	10	7	4	2	-1	7	8	9	13	7	12	10	7	13	11	10	12	17	17	25	24	20	21	20	29	2	4	0	0	0
(Gain) loss on sale of plant and equipment
-	-	-	-	-	7	3	4	2	1	1	-1	0	-1	-2	-3	-2	-1	0	0	0	-	-	-	-	1	4	4	6	4	0	0	0	-	-	-	-	1	0	0	-3	-1	0	0	0
(Gain) loss on discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-91	-89	-31	434	499	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on sale of operations and affiliates
47	44	-7	-7	-4	-2	0	0	0	-	-	-	-	-	-	-	-	16	17	15	11	-6	-7	-4	-2	-5	928	924	926	931	0	0	0	-	-	-	-	-8	17	-2	-63	-34	0	0	0
Stock-based compensation expense
40	41	41	42	41	40	40	37	36	36	35	38	39	39	39	37	36	41	42	42	44	39	41	40	37	37	44	48	51	54	50	52	54	56	55	56	57	56	58	55	52	51	0	0	0
Gain on acquisition of controlling interest in an equity investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30	30	30	30	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash items, net
7	9	11	11	10	10	10	11	13	10	15	8	2	5	1	6	1	12	10	14	18	11	20	20	25	20	35	30	12	23	-5	-6	9	-6	-6	-5	-2	-2	-5	-0	-4	-1	0	0	0
Change in assets and liabilities, net of acquisitions and divestitures:
(Increase) decrease in-
Trade receivables
-156	-40	-104	-112	-26	60	143	240	182	138	131	108	125	132	83	63	24	42	-12	27	46	70	107	0	105	83	19	-11	-55	13	45	116	225	303	277	302	308	170	460	492	-381	-223	0	0	0
Inventories
-82	-98	-45	2	72	108	110	94	82	81	37	19	29	-9	-10	-19	-54	-25	-20	3	19	10	2	-2	-13	-24	-53	-95	-87	-82	-71	-97	12	51	138	242	194	223	161	26	-660	-576	0	0	0
Prepaid expenses and other assets
-23	-11	-16	-20	-10	-3	16	12	127	121	130	117	65	63	28	58	14	-24	33	3	42	98	-115	-150	-218	-226	-73	28	62	75	119	72	4	50	-2	75	91	39	33	-40	53	-0	0	0	0
Increase (decrease) in-
Accounts payable
-47	-16	-34	-73	-53	-46	1	39	38	39	15	-24	8	-3	-20	-2	-47	-30	-31	42	47	-20	-11	-89	-91	8	-8	-19	-2	-21	-45	-73	-73	-55	14	13	78	70	173	283	219	-19	0	0	0
Accrued expenses and other liabilities
-89	-95	-79	-73	-45	-36	-11	-4	-15	-42	-8	-75	-10	40	24	60	8	-56	-149	-110	-88	5	149	130	255	161	33	-23	-124	-87	-88	-51	-15	52	9	95	10	67	33	-173	-116	-246	0	0	0
Income taxes
-48	-7	-86	-51	-44	-41	601	508	510	501	-98	-43	-50	187	144	198	168	-27	-196	-722	93	33	138	577	-163	-176	-155	-183	-131	-173	80	157	-47	-182	-423	-425	-277	-149	220	352	380	355	0	0	0
Other, net
0	-	-	-	0	-	-	-	-	-	-	-	0	-	-	2	-1	1	-4	-2	16	71	101	97	103	43	19	16	-13	10	5	-3	3	-18	-14	-1	-0	0	-2	8	-12	-2	0	0	0
Net cash provided by operating activities
2,993	2,995	3,030	2,954	2,889	2,811	2,697	2,633	2,477	2,402	2,371	2,215	2,286	2,302	2,341	2,423	2,336	2,299	2,054	1,619	1,744	1,616	1,866	2,406	2,476	2,528	2,425	2,249	2,115	2,072	2,179	2,331	2,134	1,956	1,599	1,336	1,358	1,488	1,659	1,704	1,995	2,167	0	0	0
Cash Provided by (Used for) Investing Activities:
Acquisition of businesses (excluding cash and equivalents)
0	4	4	4	4	0	0	0	0	3	0	454	454	453	456	2	6	6	8	45	45	45	45	298	315	369	441	213	298	723	758	1,147	1,246	1,308	1,394	1,028	1,012	497	464	384	243	281	0	0	0
Additions to plant and equipment
309	326	326	337	347	364	360	337	327	297	290	293	280	273	277	258	258	284	298	362	376	361	383	336	347	368	365	376	387	382	368	361	348	353	347	340	317	288	281	257	250	255	0	0	0
Purchases of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	17	18	6	17	0	0	0
Proceeds from investments
20	20	19	21	18	16	31	35	41	43	29	29	22	21	22	29	27	22	22	20	28	28	45	37	28	40	98	149	171	281	215	171	151	37	32	29	29	27	27	25	25	20	0	0	0
Proceeds from sale of plant and equipment
26	25	34	24	26	26	20	19	13	14	13	15	17	16	22	22	24	30	26	25	29	28	36	42	41	38	33	31	29	30	23	22	20	17	18	14	14	18	17	20	26	26	0	0	0
Net proceeds from sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-206	-1,793	-1,500	-812	-815	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of operations and affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	3	1	2	2	29	34	38	46	18	0	0	0	-	-	-	-	1,028	0	0	0	-	-	-	-	63	63	2	18	17	0	0	0
Other, net
21	18	15	18	2	4	7	11	12	10	0	0	0	-	-	-	-	1	35	83	23	17	-14	-15	6	5	2	5	2	2	10	6	5	-6	-10	-9	-21	-21	-35	-28	15	23	0	0	0
Net cash provided by (used for) investing activities
-164	-183	-287	-311	-308	-325	-315	-294	-283	-251	-89	-539	-539	-532	-694	-164	-202	-210	-259	-393	2,850	2,842	2,889	2,794	-388	-456	559	860	1,350	1,047	-79	-671	-1,403	-1,579	-1,694	-1,267	-1,216	-672	-620	-583	-446	-514	0	0	0
Cash Provided by (Used for) Financing Activities:
Cash dividends paid
1,335	1,321	1,309	1,248	1,186	1,124	1,059	1,021	981	941	902	873	847	821	793	775	756	742	732	721	716	711	707	712	709	528	692	690	691	865	689	687	685	680	674	663	649	636	622	621	620	619	0	0	0
Issuance of common stock
91	85	61	36	23	22	37	49	76	84	68	72	63	84	85	69	67	59	103	114	152	148	113	159	197	206	254	298	248	283	228	135	143	153	196	203	190	115	105	128	101	101	0	0	0
Repurchases of common stock
1,831	1,500	1,625	1,750	1,875	2,000	1,750	1,500	1,250	1,000	1,268	1,500	1,770	2,000	1,482	1,216	1,003	2,002	2,832	3,227	4,385	4,346	4,588	4,334	3,202	2,106	1,658	1,697	1,921	2,020	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from (repayments of) debt with original maturities of three months or less
-1,059	-1	-1	-2	1,048	-850	-698	-692	-662	849	-17	476	670	-526	-96	-601	-1,704	-946	271	785	716	-239	27	-455	549	1,267	106	-936	-790	208	-372	238	742	167	152	862	147	-157	536	148	-159	-1,615	0	0	0
Proceeds from debt with original maturities of more than three months
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,329	3,331	3,331	1,991	3	0	0	0	-	-	-	-	-	-	-	-	1	-1	-3	-3	2,153	0	0	0
Repayments of debt with original maturities of more than three months
701	1,351	1,350	1,351	651	1	1	0	0	652	652	652	653	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	272	267	267	267	9	-21	11	33	34	63	45	660	1,279	0	0	0
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	29	27	23	17	20	29	30	40	33	0	0	0	-	-	-	-	16	13	3	4	8	12	12	12	8	6	6	4	4	0	0	0
Other, net
-17	-12	-12	-11	-10	-11	-12	-13	-15	-14	-14	-14	-13	-12	-12	-10	-10	-12	-12	-15	-16	-14	-13	-26	-17	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities
-3,078	-2,326	-2,462	-2,552	-2,651	-3,964	-3,483	-3,177	-2,832	-1,674	-1,790	-1,490	-1,542	-2,255	-2,271	-2,511	-2,292	-2,526	-3,026	-2,886	-4,619	-3,551	-2,617	-2,800	-1,164	-1,140	-1,974	-1,930	-2,066	-1,571	-1,403	-988	-466	-321	-254	-497	-681	-1,053	-389	-386	-1,339	-1,256	0	0	0
Effect of Exchange Rate Changes on Cash and Equivalents
-76	-9	-45	-42	-115	-112	-95	-30	85	145	-6	-45	-160	-133	-78	-251	-66	-463	-588	-779	-850	-535	-336	129	-39	-93	-46	-103	-41	53	38	-211	-45	-64	-57	318	122	77	14	-127	52	87	0	0	0
Cash and Equivalents:
Increase (decrease) during the period
-325	477	236	49	-185	-1,590	-1,196	-868	-553	622	486	141	45	-618	-702	-503	-224	-900	-1,819	-2,439	-875	372	1,802	2,529	885	839	964	1,076	1,358	1,601	735	461	220	-8	-406	-110	-417	-160	664	606	262	485	0	0	0
Supplementary Cash Flow Information:
Supplementary Cash Flow Information:
Cash Paid During the Period for Interest
216	223	243	249	245	247	243	243	240	240	222	225	212	212	220	220	200	200	248	256	255	236	266	238	237	240	239	220	223	211	212	195	202	168	178	169	171	175	180	194	138	156	0	0	0
Cash Paid During the Period for Income Taxes, Net of Refunds
764	742	773	789	809	838	904	1,004	1,019	1,018	1,004	962	962	920	838	779	803	775	994	1,549	1,430	1,502	1,299	713	609	602	707	884	1,089	1,134	1,026	894	912	978	1,125	1,147	1,029	960	696	550	429	355	0	0	0
Liabilities Assumed from Acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	145	186	106	119	194	195	270	297	200	273	199	240	216	143	126	43	57	0	0	0