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Analysis of Revenues
Revenues as Reported
Illinois Tool Works Inc., Income Statement, Revenues
US$ in millions
Based on: 10-K (filing date: 2021-02-12), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-10).
| Item | Description | The company |
|---|---|---|
| Operating revenue | Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). | Illinois Tool Works Inc.’s operating revenue decreased from 2018 to 2019 and from 2019 to 2020. |