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Illinois Tool Works ITW Intangible Amortization & Impairment
Intangible Amortization & Impairment at other companies
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Where this comes from
Reported directly by Illinois Tool Works in its filing.
Tagged under the XBRL concept itw:AmortizationandImpairmentofIntangibleAssets.
The source filing: Illinois Tool Works’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 3:34 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000049826-26-000049
| In millions except per share amounts | Three Months Ended / June 30, 2026 | Three Months Ended / June 30, 2025 | Six Months Ended / June 30, 2026 | Six Months Ended / June 30, 2025 |
|---|---|---|---|---|
| Operating Revenue | $4,301 | $4,053 | $8,317 | $7,892 |
| Cost of revenue | 2,403 | 2,271 | 4,659 | 4,432 |
| Selling, administrative, and research and development expenses | 735 | 693 | 1,457 | 1,399 |
| Amortization and impairment of intangible assets | 16 | 21 | 34 | 42 |
| Operating Income | 1,147 | 1,068 | 2,167 | 2,019 |
| Interest expense | (79) | (74) | (152) | (142) |
| Other income (expense) | 12 | 4 | 32 | 16 |
| Income Before Taxes | 1,080 | 998 | 2,047 | 1,893 |
ITEM 1. Financial Statements
FAQ
- What is Illinois Tool Works's intangible amortization & impairment?
- Illinois Tool Works (ITW) reported intangible amortization & impairment of $16M in Q2 2026.
- How has Illinois Tool Works's intangible amortization & impairment changed year-over-year?
- Illinois Tool Works's intangible amortization & impairment decreased by 23.8% year-over-year, from $21M to $16M.
- What is the long-term trend for Illinois Tool Works's intangible amortization & impairment?
- Over 4 years (2021 to 2025), Illinois Tool Works's intangible amortization & impairment has grown at a -11.9% compound annual growth rate (CAGR), from $133M to $80M.
- What does intangible amortization & impairment mean?
- This represents the systematic allocation of the cost of intangible assets over their useful lives and any write-downs due to impairment. It reflects the consumption of non-physical assets like patents, trademarks, or acquired goodwill.
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