Form 10-Q · Quarterly report
Illinois Tool Works 10-Q, filed Aug 6, 2026
- Filed
- CIK
- 0000049826
- Accession no.
- 0000049826-26-000049
Summary
Illinois Tool Works filed its quarterly report for the period ended June 30, 2026, describing its seven segments, the ITW Business Model, and its Next Phase strategy targeting high-quality organic growth of four percent or more through 2030. The report noted that the U.S. Supreme Court invalidated many tariffs imposed under the International Emergency Economic Powers Act on February 20, 2026, and that ITW has four immaterial Russian subsidiaries with approximately $42 million in net assets as of June 30, 2026.
Key points
- ITW operates 88 divisions with approximately 43,000 people in 49 countries as of December 31, 2025.
- ITW's seven segments are Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.
- ITW's Next Phase strategy prioritizes high-quality organic growth of four percent or more through the business cycle.
- The U.S. Supreme Court invalidated many IEEPA tariffs on February 20, 2026; a temporary 10 percent global tariff under the Trade Act expired in July 2026 and was effectively replaced by similar tariffs under other Trade Act provisions.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. Management's Discussion and Analysis of Financial Condition and Results of Operations INTRODUCTION Illinois Tool Works Inc. (the "Company" or "ITW") is a global manufacturer of a diversified range of industrial products and equipment. As of December 31, 2025, the Company had 88 divisions with approximately 43,000 people in 49 countries. The Company's operations are organized and managed based on similar product offerings and end markets, and are reported to senior management as the following seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. …
An excerpt of the text as filed with the SEC, cut for length.
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