ITW (Illinois Tool Works) Buildings And Improvements : $0 Mil (As of Mar. 2025)

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What is Illinois Tool Works Buildings And Improvements?

Illinois Tool Works's quarterly buildings and improvements increased from Sep. 2024 ($0 Mil) to Dec. 2024 ($1,562 Mil) but then declined from Dec. 2024 ($1,562 Mil) to Mar. 2025 ($0 Mil).

Illinois Tool Works's annual buildings and improvements increased from Dec. 2022 ($1,414 Mil) to Dec. 2023 ($1,490 Mil) and increased from Dec. 2023 ($1,490 Mil) to Dec. 2024 ($1,562 Mil).

Illinois Tool Works Buildings And Improvements Historical Data

The historical data trend for Illinois Tool Works's Buildings And Improvements 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 Buildings And Improvements Chart

Illinois Tool Works Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Buildings And Improvements

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1,432.00

1,462.00

1,414.00

1,490.00

1,562.00

Illinois Tool Works Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Buildings And Improvements	Get a 7-Day Free Trial															-	-	-	1,562.00	-

Illinois Tool Works Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Illinois Tool Works Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Illinois Tool Works Inc (NYSE:ITW) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

0J8W:UK ILT:Germany ILT:Germany ILT:Germany ITW:Austria

Address

155 Harlem Avenue, Glenview, IL, USA, 60025

Website

https://www.itw.com

Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments, with no segment representing more than one fifth of revenue. ITW's automotive OEM segment sells vehicle components; its food equipment segment sells commercial kitchen appliances; its test & measurement and electronics segment sells inspection and analysis equipment; its welding segment sells welding equipment and consumables; its polymers & fluids segment sells industrial and consumer adhesives, solvents, and coatings; its construction products segment sells building fasteners and tools; and its specialty products segment sells medical, packaging, HVAC, and airport ground equipment.

Executives

Christopher A O'herlihy	officer: Executive Vice President	155 HARLEM AVE., GLENVIEW IL 60025
Michael M Larsen	officer: SVP & CFO	ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Ernest Scott Santi	director, officer: President & CEO	ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Smith David Byron Jr	director	155 HARLEM AVE., GLENVIEW IL 60025
Mary Katherine Lawler	officer: SVP & Chief HR Officer	ILLINOIS TOOL WORKS INC., 155 HARLEM AVE, GLENVIEW IL 60025
Randall J Scheuneman	officer: VP & Chief Accounting Officer	155 HARLEM AVE., GLENVIEW IL 60025
Sharon Szafranski	officer: Executive Vice President	155 HARLEM AVE., GLENVIEW IL 60025
Kelly J Grier	director	155 HARLEM AVE., GLENVIEW IL 60025
Lei Zhang Schlitz	officer: Executive Vice President	5757 N. GREENBAY AVENUE, GLENDALE WI 53129
Patricia A. Hartzell	officer: Executive Vice President	155 HARLEM AVE., GLENVIEW IL 60025
Javier Gracia Carbonell	officer: Executive Vice President	155 HARLEM AVE., GLENVIEW IL 60025
Jay L Henderson	director	50 SOUTH LASALLE ST, CHICAGO IL 60603
Jennifer Kaplan Schott	officer: SVP, General Counsel & Secy.	155 HARLEM AVE., GLENVIEW IL 60025
Darrell L Ford	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Finch Norman D. Jr.	officer: Sr. VP, General Counsel & Secy	C/O ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025