Illinois Tool Works Other Non-Current Liabilities decreased by 1.8% to $942.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.2%, from $1.04B to $942.00M. Over 5 years (FY 2020 to FY 2025), Other Non-Current Liabilities shows a downward trend with a -2.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase may indicate rising long-term operational risks or deferred tax burdens, while a decrease suggests the settlement of these obligations.
This represents miscellaneous long-term obligations that do not fit into standard categories like long-term debt or pens...
Peers in the medical device and pharmaceutical sectors often hold similar balances related to deferred tax liabilities and long-term environmental or legal accruals.
other_non_current_liabilities| 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 | $1.06B | $1.06B | $1.05B | $1.04B | $972.00M | $952.00M | $943.00M | $964.00M | $969.00M | $976.00M | $1.01B | $998.00M | $1.00B | $1.10B | $1.02B | $1.04B | $1.07B | $970.00M | $959.00M | $942.00M |
| QoQ Change | — | -0.3% | -0.5% | -1.5% | -6.3% | -2.1% | -0.9% | +2.2% | +0.5% | +0.7% | +3.9% | -1.6% | +0.3% | +9.7% | -7.6% | +2.2% | +2.8% | -9.0% | -1.1% | -1.8% |
| YoY Change | — | — | — | — | -8.4% | -10.0% | -10.4% | -7.0% | -0.3% | +2.5% | +7.5% | +3.5% | +3.3% | +12.5% | +0.1% | +3.9% | +6.5% | -11.7% | -5.5% | -9.2% |