ILLINOIS TOOL WORKS INC Annual Interest Expense in USD from 2010 to 2023

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 2010 to 2023.
  • 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, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $266M +$63M +31% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-09
2022 $203M +$1M +0.5% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-09
2021 $202M -$4M -1.94% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-09
2020 $206M -$15M -6.79% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-10
2019 $221M -$36M -14% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-11
2018 $257M -$3M -1.15% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-12
2017 $260M +$23M +9.71% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-14
2016 $237M +$11M +4.87% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-15
2015 $226M -$24M -9.6% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-15
2014 $250M +$11M +4.6% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-10
2013 $239M +$26M +12.2% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-12
2012 $213M +$22M +11.5% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-13
2011 $191M +$16M +9.14% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-14
2010 $175M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-19
* An asterisk sign (*) next to the value indicates that the value is likely invalid.