Illinois Tool Works Short-term debt and current portion of long-term debt increased by 11.3% to $2.55B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 159.4%, from $981.00M to $2.55B. Over 5 years (FY 2020 to FY 2025), Short-term debt and current portion of long-term debt shows an upward trend with a 45.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A significant increase may signal higher refinancing risk or a shift in capital structure, while a decrease indicates debt reduction or successful long-term refinancing.
This represents the portion of total debt obligations, including bank loans, commercial paper, and the current portion o...
Standard debt metric; peers report this as current portion of long-term debt or short-term borrowings.
other_debt_current| Q4 '21 | 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 | $778.00M | $1.59B | $2.87B | $1.28B | $1.25B | $1.83B | $2.07B | $2.04B | $1.77B | $1.56B | $981.00M | $1.24B | $1.27B | $2.29B | $2.55B |
| QoQ Change | — | +104.4% | +80.5% | -55.6% | -2.1% | +46.2% | +13.2% | -1.1% | -13.5% | -12.0% | -36.9% | +26.6% | +2.0% | +80.4% | +11.3% |
| YoY Change | — | +104.4% | — | — | — | +14.8% | -28.0% | +60.3% | +41.7% | -14.8% | -52.5% | -39.2% | -28.3% | +47.0% | +159.4% |