ILLINOIS TOOL WORKS INC Current Federal Tax Expense (Benefit)
ILLINOIS TOOL WORKS INC (ITW) reported Current Federal Tax Expense (Benefit) of $418.00 million for the 12-month period ending 2025-12-31, per its 10-K filed 2026-02-13.
Financial Statements › Expense Statement › Income Tax
us-gaap:CurrentFederalTaxExpenseBenefit · last filed 2026-02-13
- ILLINOIS TOOL WORKS INC current federal tax expense (benefit) for fiscal 2025 was $418.00M, a 13.99% decline from fiscal 2024.
- ILLINOIS TOOL WORKS INC current federal tax expense (benefit) for fiscal 2024 was $486.00M, a 6.81% increase from fiscal 2023.
- ILLINOIS TOOL WORKS INC current federal tax expense (benefit) for fiscal 2023 was $455.00M, a 4.81% decline from fiscal 2022.
- ILLINOIS TOOL WORKS INC current federal tax expense (benefit) for fiscal 2022 was $478.00M, a 19.80% increase from fiscal 2021.
| Period end | Current Federal Tax Expense (Benefit) 12 month | Current Federal Tax Expense (Benefit) 12 month as first filed |
|---|---|---|
| 2025-12-31 | $418.00M 10-K · filed 2026-02-13 | |
| 2024-12-31 | $486.00M 10-K · filed 2026-02-13 | |
| 2023-12-31 | $455.00M 10-K · filed 2026-02-13 | |
| 2022-12-31 | $478.00M 10-K · filed 2025-02-14 | |
| 2021-12-31 | $399.00M 10-K · filed 2024-02-09 | |
| 2020-12-31 | $301.00M 10-K · filed 2023-02-10 | |
| 2019-12-31 | $356.00M 10-K · filed 2022-02-11 | |
| 2018-12-31 | $373.00M 10-K · filed 2021-02-12 | |
| 2017-12-31 | $1.12B 10-K · filed 2020-02-14 | |
| 2016-12-31 | $756.00M 10-K · filed 2019-02-15 | |
| 2015-12-31 | $503.00M 10-K · filed 2018-02-15 | |
| 2014-12-31 | $413.00M 10-K · filed 2017-02-10 | |
| 2013-12-31 | $410.00M 10-K · filed 2016-02-12 | |
| 2012-12-31 | $474.00M 10-K · filed 2015-02-13 | $566.00M 10-K · filed 2013-02-19 |
| 2011-12-31 | $448.00M 10-K · filed 2014-02-14 | $514.80M 10-K · filed 2012-02-17 |
| 2010-12-31 | $397.00M 10-K · filed 2013-02-19 | $428.85M 10-K · filed 2011-02-28 |
| 2009-12-31 | $226.62M 10-K · filed 2012-02-17 | $229.93M 10-K · filed 2011-02-28 |
| 2008-12-31 | $329.20M 10-K · filed 2011-02-28 |
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