Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Illinois Tool Works Inc. (NYSE:ITW)

Common-Size Balance Sheet: Assets

Beginner level

Illinois Tool Works Inc., common-size consolidated balance sheet: assets

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Cash and equivalents 13.15 10.11 18.44 16.26 19.65
Trade receivables 16.33 17.63 15.66 15.51 14.01
Inventories 7.72 8.86 7.27 7.08 6.90
Income tax refunds receivable 0.51 0.66 0.72 0.14 0.93
Value-added-tax receivables 0.48 0.53 0.42 0.36 0.31
Vendor advances 0.17 0.20 0.15 0.13 0.14
Other 0.80 0.85 0.71 0.80 0.79
Prepaid expenses and other current assets 1.96% 2.25% 2.00% 1.43% 2.17%
Assets held for sale 2.33 0.00 0.00 0.00 0.00
Current assets 41.50% 38.86% 43.37% 40.28% 42.72%
Net plant and equipment 11.47 12.04 10.60 10.87 10.03
Goodwill 29.81 31.16 28.32 29.98 28.22
Intangible assets 5.65 7.29 7.58 9.62 9.92
Deferred income taxes 3.42 3.73 3.01 2.95 2.20
Cash surrender value of life insurance policies 2.93 2.89 2.63 2.91 2.72
Prepaid pension assets 1.97 1.95 2.01 0.86 1.21
Operating lease right-of-use asset 1.37 0.00 0.00 0.00 0.00
Customer tooling 0.94 1.15 1.10 0.96 0.56
Investments 0.34 0.34 0.32 0.48 0.63
Equity investment in Wilsonart 0.00 0.00 0.00 0.00 0.72
Other 0.60 0.60 1.07 1.08 1.07
Other assets 8.14% 6.93% 7.12% 6.29% 6.91%
Noncurrent assets 58.50% 61.14% 56.63% 59.72% 57.28%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 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), 10-K (filing date: 2016-02-12).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Illinois Tool Works Inc.’s current assets as a percentage of total assets decreased from 2017 to 2018 but then increased from 2018 to 2019 not reaching 2017 level.
Net plant and equipment Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Illinois Tool Works Inc.’s net plant and equipment as a percentage of total assets increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Illinois Tool Works Inc.’s noncurrent assets as a percentage of total assets increased from 2017 to 2018 but then slightly decreased from 2018 to 2019 not reaching 2017 level.