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Total Debt for Illinois Tool Works (ITW)

As of · Reported

Metric

Latest period

$9.15B

YoY change

+11.0%

5Y CAGR

+1.5%

Peak year (2025)

$8.97B

Total Debt history chart for Illinois Tool Works (ITW) from 1985 to 2025

Latest: $8.97B

Total Debt growth chart for Illinois Tool Works (ITW) from 1985 to 2025

Latest: +11.0%

Total Debt history table for Illinois Tool Works (ITW) from 1985 to 2025

  • 2025$8.97B+11.0%
  • 2024$8.08B-3.5%
  • 2023$8.37B+5.3%
  • 2022$7.95B+0.9%
  • 2021$7.88B-5.2%
  • 2020$8.31B+4.7%
  • 2019$7.94B+7.5%
  • 2018$7.38B-11.4%
  • 2017$8.33B+6.4%
  • 2016$7.83B+5.5%
  • 2015$7.42B-0.5%
  • 2014$7.46B+17.5%
  • 2013$6.34B+25.7%
  • 2012$5.05B+26.5%
  • 2011$3.99B+41.0%
  • 2010$2.83B-9.6%
  • 2009$3.13B-14.9%
  • 2008$3.68B+59.9%
  • 2007$2.30B+62.1%
  • 2006$1.42B+17.1%
  • 2005$1.21B+7.7%
  • 2004$1.12B+15.2%
  • 2003$976.45M-38.3%
  • 2002$1.58B+0.1%
  • 2001$1.58B-20.0%
  • 2000$1.97B+3.2%
  • 1999$1.91B+41.4%
  • 1998$1.35B+17.4%
  • 1997$1.15B-4.7%
  • 1996$1.21B+52.7%
  • 1995$791.80M+132.9%
  • 1994$340.00M-29.6%
  • 1993$482.70M+44.0%
  • 1992$335.30M-31.5%
  • 1991$489.20M-1.4%
  • 1990$495.90M+33.8%
  • 1989$370.50M+43.8%
  • 1988$257.60M-27.9%
  • 1987$357.20M-29.1%
  • 1986$504.00M+2763.6%
  • 1985$17.60M—

Total Debt values are taken from Illinois Tool Works's reported balance sheets (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Total Debt at Illinois Tool Works (ITW)

According to Illinois Tool Works's latest reported financial statements, the company's latest reported total debt is $9.15B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Illinois Tool Works (ITW) reported total debt of $8.97B – grew 11.0% year-over-year.

Looking at the 2020–2025 (5 years) stretch, Illinois Tool Works total debt compounded at +1.5% per year, with mixed annual results across the window.

$8.97B stands as the all-time-high annual total debt, posted in 2025, against a low of $17.60M during 1985.

Illinois Tool Works Total Debt by Year

Illinois Tool Works Total Debt 2025: $8.97B

Illinois Tool Works total debt in 2025 was $8.97B, grew 11.0% from 2024. This figure represents the highest annual value in the available history.

Illinois Tool Works Total Debt 2024: $8.08B

2024's total debt for Illinois Tool Works came in at $8.08B, edged down 3.5% below 2023.

Illinois Tool Works Total Debt 2023: $8.37B

Illinois Tool Works posted total debt of $8.37B in 2023, grew 5.3% from 2022.

Illinois Tool Works Total Debt 2022: $7.95B

In 2022, Illinois Tool Works reported total debt of $7.95B, edged up 0.9% from 2021.

Illinois Tool Works Total Debt 2021: $7.88B

Illinois Tool Works total debt in 2021 was $7.88B.

See more financial history for Illinois Tool Works (ITW).

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