ILLINOIS TOOL WORKS INC Quarterly Interest Expense in USD from Q1 2010 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Illinois Tool Works Inc quarterly/annual Interest Expense history and growth rate from Q1 2010 to Q1 2024.
  • Illinois Tool Works Inc Interest Expense for the quarter ending March 31, 2024 was $71M, a 18.3% increase year-over-year.
  • Illinois Tool Works Inc Interest Expense for the twelve months ending March 31, 2024 was $277M, a 28.8% increase year-over-year.
  • Illinois Tool Works Inc annual Interest Expense for 2023 was $266M, a 31% increase from 2022.
  • Illinois Tool Works Inc annual Interest Expense for 2022 was $203M, a 0.5% increase from 2021.
  • Illinois Tool Works Inc annual Interest Expense for 2021 was $202M, a 1.94% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $277M $71M +$11M +18.3% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-02
Q4 2023 $266M $70M +$14M +25% Oct 1, 2023 Dec 31, 2023 10-K 2024-02-09
Q3 2023 $252M $67M +$15M +28.8% Jul 1, 2023 Sep 30, 2023 10-Q 2023-10-24
Q2 2023 $237M $69M +$22M +46.8% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-04
Q1 2023 $215M $60M +$12M +25% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-02
Q4 2022 $203M $56M +$7M +14.3% Oct 1, 2022 Dec 31, 2022 10-K 2024-02-09
Q3 2022 $196M $52M +$3M +6.12% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-24
Q2 2022 $193M $47M -$5M -9.62% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-04
Q1 2022 $198M $48M -$4M -7.69% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-04
Q4 2021 $202M $49M -$3M -5.77% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-09
Q3 2021 $205M $49M -$3M -5.77% Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-27
Q2 2021 $208M $52M +$1M +1.96% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-05
Q1 2021 $207M $52M +$1M +1.96% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-06
Q4 2020 $206M $52M +$1M +1.96% Oct 1, 2020 Dec 31, 2020 10-K 2023-02-10
Q3 2020 $205M $52M $0 0% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-29
Q2 2020 $205M $51M -$4M -7.27% Apr 1, 2020 Jun 30, 2020 10-Q/A 2021-08-06
Q1 2020 $209M $51M -$12M -19% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-06
Q4 2019 $221M $51M -$12M -19% Oct 1, 2019 Dec 31, 2019 10-K 2022-02-11
Q3 2019 $233M $52M -$12M -18.8% Jul 1, 2019 Sep 30, 2019 10-Q 2020-10-30
Q2 2019 $245M $55M -$9M -14.1% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-06
Q1 2019 $254M $63M -$3M -4.55% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-08
Q4 2018 $257M $63M -$3M -4.55% Oct 1, 2018 Dec 31, 2018 10-K 2021-02-12
Q3 2018 $260M $64M -$1M -1.54% Jul 1, 2018 Sep 30, 2018 10-Q 2019-10-28
Q2 2018 $261M $64M -$1M -1.54% Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-02
Q1 2018 $262M $66M +$2M +3.13% Jan 1, 2018 Mar 31, 2018 10-Q 2019-05-03
Q4 2017 $260M $66M +$3M +4.76% Oct 1, 2017 Dec 31, 2017 10-K 2020-02-14
Q3 2017 $257M $65M +$7M +12.1% Jul 1, 2017 Sep 30, 2017 10-Q 2018-11-01
Q2 2017 $250M $65M +$7M +12.1% Apr 1, 2017 Jun 30, 2017 10-Q 2018-08-03
Q1 2017 $243M $64M +$6M +10.3% Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-04
Q4 2016 $237M $63M +$5M +8.62% Oct 1, 2016 Dec 31, 2016 10-K 2019-02-15
Q3 2016 $232M $58M -$1M -1.7% Jul 1, 2016 Sep 30, 2016 10-Q 2017-10-27
Q2 2016 $233M $58M +$3M +5.46% Apr 1, 2016 Jun 30, 2016 10-Q 2017-08-04
Q1 2016 $230M $58M +$4M +7.41% Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-05
Q4 2015 $226M $58M +$4M +7.41% Oct 1, 2015 Dec 31, 2015 10-K 2018-02-15
Q3 2015 $222M $59M -$9M -13.2% Jul 1, 2015 Sep 30, 2015 10-Q 2016-10-28
Q2 2015 $231M $55M -$9M -14.1% Apr 1, 2015 Jun 30, 2015 10-Q 2016-08-04
Q1 2015 $240M $54M -$10M -15.6% Jan 1, 2015 Mar 31, 2015 10-Q 2016-05-06
Q4 2014 $250M $54M -$6M -10% Oct 1, 2014 Dec 31, 2014 10-K 2017-02-10
Q3 2014 $256M $68M +$8M +13.3% Jul 1, 2014 Sep 30, 2014 10-Q 2015-10-30
Q2 2014 $248M $64M +$5M +8.48% Apr 1, 2014 Jun 30, 2014 10-Q 2015-08-07
Q1 2014 $243M $64M +$4M +6.67% Jan 1, 2014 Mar 31, 2014 10-Q 2015-05-07
Q4 2013 $239M $60M -$1M -1.64% Oct 1, 2013 Dec 31, 2013 10-K 2016-02-12
Q3 2013 $240M $60M +$8M +15.4% Jul 1, 2013 Sep 30, 2013 10-Q 2014-10-31
Q2 2013 $232M $59M +$9M +18% Apr 1, 2013 Jun 30, 2013 10-Q 2014-08-08
Q1 2013 $223M $60M +$10M +20% Jan 1, 2013 Mar 31, 2013 10-Q 2014-05-02
Q4 2012 $213M $61M +$8M +15.1% Oct 1, 2012 Dec 31, 2012 10-K 2015-02-13
Q3 2012 $205M $52M +$3M +6.12% Jul 1, 2012 Sep 30, 2012 10-Q 2013-11-01
Q2 2012 $202M $50M +$5M +11.1% Apr 1, 2012 Jun 30, 2012 10-Q 2013-08-02
Q1 2012 $197M $50M +$6M +13.6% Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-03
Q4 2011 $191M $53M +$9.13M +20.8% Oct 1, 2011 Dec 31, 2011 10-K 2014-02-14
Q3 2011 $182M $49M +$5.51M +12.7% Jul 1, 2011 Sep 30, 2011 10-Q 2012-10-26
Q2 2011 $176M $45M +$1.73M +4% Apr 1, 2011 Jun 30, 2011 10-Q 2012-08-03
Q1 2011 $175M $44M -$373K -0.84% Jan 1, 2011 Mar 31, 2011 10-Q 2012-05-04
Q4 2010 $175M $43.9M Oct 1, 2010 Dec 31, 2010 10-K 2013-02-19
Q3 2010 $43.5M Jul 1, 2010 Sep 30, 2010 10-Q 2011-10-28
Q2 2010 $43.3M Apr 1, 2010 Jun 30, 2010 10-Q 2011-08-05
Q1 2010 $44.4M Jan 1, 2010 Mar 31, 2010 10-Q 2011-05-06
* An asterisk sign (*) next to the value indicates that the value is likely invalid.