Illinois Tool Works Prepaid & Other Current decreased by 13.2% to $402.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.5%, from $348.00M to $402.00M. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows an upward trend with a 11.9% CAGR.
Significant changes usually reflect timing differences in vendor payments or shifts in short-term operational requirements.
Payments made in advance for goods or services to be received within one year, along with other miscellaneous short-term...
Usually a small percentage of total assets for tech hardware firms, though it can spike during major production ramp-ups.
prepaid_and_other_current_assets| 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 | $265.00M | $337.00M | $313.00M | $377.00M | $305.00M | $281.00M | $329.00M | $334.00M | $345.00M | $336.00M | $340.00M | $349.00M | $325.00M | $314.00M | $312.00M | $348.00M | $416.00M | $416.00M | $463.00M | $402.00M |
| QoQ Change | — | +27.2% | -7.1% | +20.4% | -19.1% | -7.9% | +17.1% | +1.5% | +3.3% | -2.6% | +1.2% | +2.6% | -6.9% | -3.4% | -0.6% | +11.5% | +19.5% | +0.0% | +11.3% | -13.2% |
| YoY Change | — | — | — | — | +15.1% | -16.6% | +5.1% | -11.4% | +13.1% | +19.6% | +3.3% | +4.5% | -5.8% | -6.5% | -8.2% | -0.3% | +28.0% | +32.5% | +48.4% | +15.5% |