Q3 2022 Illinois Tool Works Inc Earnings Call Transcript

Oct 25, 2022 / 02:00PM GMT
Operator

Good morning. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the ITW Third Quarter Earnings Conference Call. (Operator Instructions) Thank you. Karen Fletcher, Vice President of Investor Relations, you may begin your conference.

Karen A. Fletcher - Illinois Tool Works Inc. - VP of IR

Okay. Thank you, Rob. Good morning, and welcome to ITW's Third Quarter 2022 Conference Call. I'm joined by our Chairman and CEO, Scott Santi; and Senior Vice President and CFO, Michael Larsen. During today's call, we will discuss ITW's third quarter financial results and our updated guidance for full year 2022.

Slide 2 is a reminder that this presentation contains forward-looking statements. We refer you to the company's 2021 Form 10-K and subsequent reports filed with the SEC for more detail about important risks that could cause actual results to differ materially from our expectations. This presentation uses certain non-GAAP measures, and a reconciliation of those measures to the most directly comparable

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