Illinois Tool Works Inc. (ITW) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | 0 | 963M | 1.02B | 550M | 592M | 1.11B | 891M | 687M | 589M | 1.04B | 982M | 790M |
| Operating CF Margin % | - | 23.53% | 25.15% | 13.57% | 15.42% | 28.33% | 22.47% | 17.06% | 14.83% | 26.09% | 24.36% | 19.39% |
| Operating CF Growth % | -100% | -13.55% | 14.59% | -19.94% | 0.51% | 7.22% | -9.27% | -13.04% | -19.09% | 28.11% | 37.73% | 57.68% |
| Net Income | 768M | 790M | 821M | 755M | 700M | 750M | 1.16B | 759M | 819M | 717M | 772M | 754M |
| Depreciation & Amortization | 0 | 103M | 100M | 99M | 95M | 102M | 104M | 99M | 97M | 99M | 97M | 100M |
| Stock-Based Compensation | 0 | 0 | 17M | 19M | 16M | 13M | 14M | 19M | 15M | 17M | 17M | 18M |
| Deferred Taxes | 0 | 22M | -9M | -13M | -17M | -10M | -212M | 2M | 44M | -93M | 10M | -8M |
| Other Non-Cash Items | -3.73B | 24M | 1M | 2M | 7M | 3M | -362M | -5M | -110M | -4M | 11M | -14M |
| Working Capital Changes | 2.96B | 24M | 91M | -312M | -209M | 256M | 187M | -187M | -276M | 303M | 75M | -60M |
| Change in Receivables | 3.38B | 43M | 55M | -70M | -120M | 127M | 77M | -31M | -139M | 103M | 3M | -25M |
| Change in Inventory | 1.73B | 82M | -18M | 7M | -37M | 154M | 29M | 5M | -12M | 125M | 95M | 76M |
| Change in Payables | -2.14B | -89M | -1M | -3M | 64M | -14M | -33M | -18M | 22M | -11M | 1M | -6M |
| Cash from Investing | 0 | -221M | -116M | -92M | -92M | -117M | 294M | -169M | -152M | -120M | -103M | -69M |
| Capital Expenditures | 0 | -105M | -117M | -101M | -96M | -118M | -108M | -116M | -95M | -131M | -126M | -85M |
| CapEx % of Revenue | - | 2.57% | 2.88% | 2.49% | 2.5% | 3% | 2.72% | 2.88% | 2.39% | 3.29% | 3.13% | 2.09% |
| Acquisitions | 0 | -115M | 0 | 3M | 2M | 0 | 395M | -55M | -57M | 9M | 6M | 10M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -2M | 0 | 1M | 2M | 0 | 7M | -2M | -6M | 9M | 5M | 1M |
| Cash from Financing | 0 | -818M | -775M | -563M | -588M | -943M | -1.12B | -601M | -524M | -877M | -788M | -932M |
| Debt Issued (Net) | 0 | 19M | 25M | 262M | 202M | -120M | -333M | 193M | 252M | -86M | -25M | -166M |
| Equity Issued (Net) | 0 | -370M | -362M | -372M | -331M | -366M | -373M | -375M | -334M | -371M | -375M | -368M |
| Dividends Paid | 0 | -467M | -438M | -439M | -441M | -443M | -415M | -418M | -419M | -421M | -396M | -398M |
| Share Repurchases | 0 | -375M | -375M | -375M | -375M | -375M | -375M | -375M | -375M | -375M | -375M | -375M |
| Other Financing | 0 | 0 | 0 | -14M | -18M | -14M | 0 | -1M | -23M | 1M | 8M | 0 |
| Net Change in Cash | 0 | -73M | 136M | -85M | -75M | 1M | 85M | -97M | -106M | 75M | 68M | -221M |
| Free Cash Flow | 0 | 858M | 904M | 449M | 496M | 996M | 783M | 571M | 494M | 908M | 856M | 705M |
| FCF Margin % | - | 20.96% | 22.27% | 11.08% | 12.92% | 25.33% | 19.74% | 14.18% | 12.43% | 22.8% | 21.24% | 17.3% |
| FCF Growth % | -100% | -13.86% | 15.45% | -21.37% | 0.4% | 9.69% | -8.53% | -19.01% | -19.67% | 38.63% | 39.87% | 67.86% |
| FCF per Share | - | 2.96 | 3.10 | 1.53 | 1.68 | 3.37 | 2.64 | 1.91 | 1.65 | 3.02 | 2.83 | 2.32 |
| FCF Conversion (FCF/Net Income) | - | 1.22x | 1.24x | 0.73x | 0.85x | 1.49x | 0.77x | 0.91x | 0.72x | 1.45x | 1.27x | 1.05x |
| Interest Paid | 0 | 36M | 62M | 128M | 53M | 32M | 57M | 83M | 76M | 44M | 75M | 79M |
| Taxes Paid | 0 | 190M | 200M | 523M | 139M | 220M | 323M | 485M | 152M | 235M | 241M | 422M |