Non-Current Liabilities
Long-Term Debt
Illinois Tool Works Long-Term Debt decreased by 1.2% to $6.6B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.3%, from $7.28B to $6.6B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt shows a downward trend with a -3.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 7, 2026
How to read this metric
High levels indicate significant financial leverage, which can amplify returns but also increase financial risk during economic downturns.
Detailed definition
Long-term debt includes all interest-bearing financial obligations with maturities extending beyond one year. It is a ke...
Peer comparison
Industrial companies often carry long-term debt to finance capital expenditures and strategic acquisitions.
Metric ID:
long_term_debtHistorical Data
18 periods
| 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 | $6.91B | $6.82B | $6.12B | $5.94B | $6.17B | $5.51B | $6.95B | $6.82B | $6.34B | $6.26B | $6.43B | $6.58B | $6.31B | $7.28B | $7.7B | $7.68B | $6.68B | $6.6B |
| QoQ Change | — | -1.3% | -10.3% | -2.9% | +3.9% | -10.7% | +26.1% | -1.9% | -7.0% | -1.3% | +2.7% | +2.3% | -4.1% | +15.4% | +5.7% | -0.3% | -12.9% | -1.2% |
| YoY Change | — | — | — | — | -10.7% | -19.2% | +13.6% | +14.8% | +2.7% | +13.6% | -7.5% | -3.5% | -0.5% | +16.3% | +19.7% | +16.7% | +5.9% | -9.3% |
Range$5.51B – $7.7B
CAGR-1.1%
Avg YoY Growth+3.8%
Median YoY Growth+4.3%
Current Streak3 quarters decline
Long-Term Debt at Other Companies
Frequently Asked Questions
- What is Illinois Tool Works's long-term debt?
- Illinois Tool Works (ITW) reported long-term debt of $6.6B in Q1 2026.
- How has Illinois Tool Works's long-term debt changed year-over-year?
- Illinois Tool Works's long-term debt decreased by 9.3% year-over-year, from $7.28B to $6.6B.
- What is the long-term trend for Illinois Tool Works's long-term debt?
- Over 5 years (2020 to 2025), Illinois Tool Works's long-term debt has grown at a -3.0% compound annual growth rate (CAGR), from $7.77B to $6.68B.
- What does long-term debt mean?
- Debt that is not due for repayment for at least one year.