Illinois Tool Works Accrued Income Taxes, Current decreased by 17.1% to $180.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 37.7%, from $289.00M to $180.00M. Over 5 years (FY 2020 to FY 2025), Accrued Income Taxes, Current shows an upward trend with a 29.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase typically correlates with higher taxable profits, while a decrease may signal lower profitability or tax payments made.
This represents the estimated amount of income tax payable to government authorities for the current period. It reflects...
Standard liability for all profitable firms; peers' balances fluctuate with commodity price cycles and regional tax rates.
current_liabilities_accrued_income_taxes_current| 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 | $77.00M | $70.00M | $77.00M | $200.00M | $120.00M | $97.00M | $147.00M | $224.00M | $154.00M | $145.00M | $187.00M | $251.00M | $153.00M | $205.00M | $217.00M | $289.00M | $96.00M | $223.00M | $217.00M | $180.00M |
| QoQ Change | — | -9.1% | +10.0% | +159.7% | -40.0% | -19.2% | +51.5% | +52.4% | -31.3% | -5.8% | +29.0% | +34.2% | -39.0% | +34.0% | +5.9% | +33.2% | -66.8% | +132.3% | -2.7% | -17.1% |
| YoY Change | — | — | — | — | +55.8% | +38.6% | +90.9% | +12.0% | +28.3% | +49.5% | +27.2% | +12.1% | -0.6% | +41.4% | +16.0% | +15.1% | -37.3% | +8.8% | +0.0% | -37.7% |