Discontinued — last reported Q1 '19
Illinois Tool Works Cash Paid for Income Taxes decreased by 61.8% to $200.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 38.1%, from $323.00M to $200.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
A lower ratio of cash taxes paid to pre-tax income may indicate effective tax planning or the utilization of tax credits.
The total cash paid for income taxes across all jurisdictions (federal, state, and foreign) during the reporting period....
Standard cash flow statement item; peers with similar profitability levels should have comparable cash tax ratios.
is_c_cash_paid_for_income_taxes| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $269.00M | $203.00M | $102.00M | $404.00M | $262.00M | $128.00M | $422.00M | $241.00M | $152.00M | $485.00M | $323.00M | $139.00M | $523.00M | $200.00M |
| QoQ Change | — | -24.5% | -49.8% | +296.1% | -35.1% | -51.1% | +229.7% | -42.9% | -36.9% | +219.1% | -33.4% | -57.0% | +276.3% | -61.8% |
| YoY Change | — | — | — | +50.2% | +29.1% | +25.5% | +4.5% | -8.0% | +18.8% | +14.9% | +34.0% | -8.6% | +7.8% | -38.1% |