Non-Current Assets
Deferred Tax Assets and Other Non-Current Assets
Illinois Tool Works Deferred Tax Assets and Other Non-Current Assets increased by 1.8% to $1.54B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.4%, from $1.43B to $1.54B. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets and Other Non-Current Assets shows an upward trend with a 2.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase generally reflects a growing long-term asset base or deferred tax position, while a decrease suggests asset liquidation or tax benefit utilization.
Detailed definition
This is the aggregate balance of non-current deferred tax assets and other miscellaneous non-current assets not classifi...
Peer comparison
Commonly found in the non-current asset section of balance sheets for large, diversified financial firms.
Metric ID:
deferred_tax_assets_other_noncurrentHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.32B | $1.32B | $1.41B | $1.38B | $1.36B | $1.32B | $1.18B | $1.22B | $1.25B | $1.24B | $1.26B | $1.29B | $1.31B | $1.38B | $1.38B | $1.43B | $1.48B | $1.47B | $1.51B | $1.54B |
| QoQ Change | — | +0.5% | +6.2% | -1.8% | -1.5% | -2.9% | -10.8% | +3.8% | +2.4% | -1.1% | +1.9% | +2.2% | +1.6% | +5.6% | -0.7% | +4.1% | +3.2% | -0.4% | +2.7% | +1.8% |
| YoY Change | — | — | — | — | +3.2% | -0.2% | -16.2% | -11.4% | -7.9% | -6.2% | +7.1% | +5.5% | +4.7% | +11.8% | +9.0% | +10.9% | +12.7% | +6.3% | +9.8% | +7.4% |
Range$1.18B – $1.54B
CAGR+3.3%
Avg YoY Growth+2.9%
Median YoY Growth+5.9%
Current Streak2 quarters growth
Deferred Tax Assets and Other Non-Current Assets at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's deferred tax assets and other non-current assets?
- Illinois Tool Works (ITW) reported deferred tax assets and other non-current assets of $1.54B in Q1 2026.
- How has Illinois Tool Works's deferred tax assets and other non-current assets changed year-over-year?
- Illinois Tool Works's deferred tax assets and other non-current assets increased by 7.4% year-over-year, from $1.43B to $1.54B.
- What is the long-term trend for Illinois Tool Works's deferred tax assets and other non-current assets?
- Over 5 years (2020 to 2025), Illinois Tool Works's deferred tax assets and other non-current assets has grown at a 2.9% compound annual growth rate (CAGR), from $1.31B to $1.51B.
- What does deferred tax assets and other non-current assets mean?
- The total value of long-term tax assets and other miscellaneous long-term assets.