Illinois Tool Works Inc (ITW) - Total Liabilities
Based on the latest financial reports, Illinois Tool Works Inc (ITW) has total liabilities worth $12.92 Billion USD as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore Illinois Tool Works Inc (ITW) cash conversion ratio to assess how effectively this company generates cash.
Illinois Tool Works Inc - Total Liabilities Trend (1985–2025)
This chart illustrates how Illinois Tool Works Inc's total liabilities have evolved over time, based on quarterly financial data. Check Illinois Tool Works Inc (ITW) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Illinois Tool Works Inc Competitors by Total Liabilities
The table below lists competitors of Illinois Tool Works Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Cigna Corp
NYSE:CI
|
USA | $115.91 Billion |
|
Cummins Inc
NYSE:CMI
|
USA | $20.58 Billion |
|
Postal Savings Bank of China Co Ltd
SHG:601658
|
China | CN¥17.44 Trillion |
|
Caixabank SA
MC:CABK
|
Spain | €625.51 Billion |
|
National Grid plc
F:NNGD
|
Germany | €68.92 Billion |
|
Ecolab Inc
NYSE:ECL
|
USA | $14.14 Billion |
|
CAIXABANK UN.ADR 1/3 DL 1
F:FV9J
|
Germany | €625.51 Billion |
|
CSX Corporation
NASDAQ:CSX
|
USA | $30.52 Billion |
Liability Composition Analysis (1985–2025)
This chart breaks down Illinois Tool Works Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see ITW company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.21 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 0.17 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 4.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.80 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Illinois Tool Works Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Illinois Tool Works Inc (1985–2025)
The table below shows the annual total liabilities of Illinois Tool Works Inc from 1985 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $12.92 Billion | +9.97% |
| 2024-12-31 | $11.75 Billion | -6.04% |
| 2023-12-31 | $12.51 Billion | +1.39% |
| 2022-12-31 | $12.33 Billion | -0.95% |
| 2021-12-31 | $12.45 Billion | +0.17% |
| 2020-12-31 | $12.43 Billion | +3.26% |
| 2019-12-31 | $12.04 Billion | +3.67% |
| 2018-12-31 | $11.61 Billion | -4.75% |
| 2017-12-31 | $12.19 Billion | +11.41% |
| 2016-12-31 | $10.94 Billion | +4.20% |
| 2015-12-31 | $10.50 Billion | -3.25% |
| 2014-12-31 | $10.85 Billion | +5.82% |
| 2013-12-31 | $10.26 Billion | +17.37% |
| 2012-12-31 | $8.74 Billion | +9.93% |
| 2011-12-31 | $7.95 Billion | +15.73% |
| 2010-12-31 | $6.87 Billion | -5.44% |
| 2009-12-31 | $7.26 Billion | -3.78% |
| 2008-12-31 | $7.55 Billion | +22.27% |
| 2007-12-31 | $6.17 Billion | +26.97% |
| 2006-12-31 | $4.86 Billion | +24.73% |
| 2005-12-31 | $3.90 Billion | +4.68% |
| 2004-12-31 | $3.72 Billion | +12.21% |
| 2003-12-31 | $3.32 Billion | -16.48% |
| 2002-12-31 | $3.97 Billion | +5.09% |
| 2001-12-31 | $3.78 Billion | -10.01% |
| 2000-12-31 | $4.20 Billion | -1.00% |
| 1999-12-31 | $4.24 Billion | +52.68% |
| 1998-12-31 | $2.78 Billion | +7.41% |
| 1997-12-31 | $2.59 Billion | +7.39% |
| 1996-12-31 | $2.41 Billion | +42.71% |
| 1995-12-31 | $1.69 Billion | +62.55% |
| 1994-12-31 | $1.04 Billion | -3.64% |
| 1993-12-31 | $1.08 Billion | +24.72% |
| 1992-12-31 | $864.50 Million | -17.27% |
| 1991-12-31 | $1.04 Billion | -1.28% |
| 1990-12-31 | $1.06 Billion | +29.58% |
| 1989-12-31 | $816.90 Million | +28.54% |
| 1988-12-31 | $635.50 Million | -6.05% |
| 1987-12-31 | $676.40 Million | -15.41% |
| 1986-12-31 | $799.60 Million | +574.77% |
| 1985-12-31 | $118.50 Million | -- |
About Illinois Tool Works Inc
Illinois Tool Works Inc. provides industrial products and equipment in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, … Read more