Other
Increase Decrease In Accrued Income Taxes Payable
Illinois Tool Works Increase Decrease In Accrued Income Taxes Payable increased by 97.7% to -$6.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 108.3%, from $72.00M to -$6.00M.
Analysis
StatementIncome Statement
SectionOther
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase indicates that tax liabilities are accruing, which preserves cash in the short term.
Detailed definition
This represents the change in the amount of income tax the company owes to government authorities for the current period...
Peer comparison
Standard across all tax-paying entities; fluctuates based on tax filing schedules.
Metric ID:
other_increase_decrease_in_accrued_income_taxes_payableHistorical Data
13 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q1 '25 | Q2 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$43.00M | $79.00M | $134.00M | -$215.00M | -$21.00M | $77.00M | -$208.00M | -$9.00M | $57.00M | -$241.00M | $72.00M | -$266.00M | -$6.00M |
| QoQ Change | — | +283.7% | +69.6% | -260.4% | +90.2% | +466.7% | -370.1% | +95.7% | +733.3% | -522.8% | +129.9% | -469.4% | +97.7% |
| YoY Change | — | — | — | — | +51.2% | -42.5% | +3.3% | +57.1% | -26.0% | -15.9% | +26.3% | -10.4% | -108.3% |
Range-$266.00M – $134.00M
CAGR-48.1%
Avg YoY Growth-7.2%
Median YoY Growth-10.4%
Increase Decrease In Accrued Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's increase decrease in accrued income taxes payable?
- Illinois Tool Works (ITW) reported increase decrease in accrued income taxes payable of -$6.00M in Q1 2026.
- How has Illinois Tool Works's increase decrease in accrued income taxes payable changed year-over-year?
- Illinois Tool Works's increase decrease in accrued income taxes payable decreased by 108.3% year-over-year, from $72.00M to -$6.00M.
- What does increase decrease in accrued income taxes payable mean?
- The change in the amount of taxes the company owes but has not yet paid.