Illinois Tool Works (WBO:ITW) Other Income (Expense) : €-1 Mil (TTM As of Dec. 2023)

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What is Illinois Tool Works Other Income (Expense)?

Illinois Tool Works's other income expense for the Illinois Tool Works's pretax income for the three months ended in Dec. 2023 was €-39 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-1 Mil.

Illinois Tool Works Other Income (Expense) Historical Data

The historical data trend for Illinois Tool Works's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Illinois Tool Works Other Income (Expense) Chart

Illinois Tool Works Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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70.20

9.04

34.52

219.95

-1.83

Illinois Tool Works Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Income (Expense)	Get a 7-Day Free Trial															159.54	9.34	18.46	9.37	-38.51

Illinois Tool Works Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1 Mil.

Illinois Tool Works (WBO:ITW) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Illinois Tool Works (WBO:ITW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Illinois Tool Works Inc (WBO:ITW) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

ITW:USA ILT:Germany ILT:Germany ILT:Germany I1TW34:Brazil

Address

155 Harlem Avenue, Glenview, IL, USA, 60025

Website

https://www.itw.com

Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.