{"schema_version":"secwatch.filing_event.v1","accession":"0000049826-21-000056","form_type":"8-K","ticker":"ITW","cik":"0000049826","company_name":"ILLINOIS TOOL WORKS INC","filed_at":"2021-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:04:20.424741+00:00","generated_at":"2026-06-30T00:33:35.487978+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"ITW Q2 revenue $3.7B (+43%), EPS $2.45 (+143%), raises full-year guidance","bullets":["Organic revenue grew 37% YoY; all seven segments delivered double-digit organic growth led by Automotive OEM (+84%) and Food Equipment (+46%).","GAAP EPS $2.45 includes $0.35 one-time UK tax benefit; operating margin 24.3%, up 680 bps.","Free cash flow $477M (72% of net income adj. for one-time tax benefit); After-tax ROIC improved to 30.8%.","FY 2021 guidance raised: GAAP EPS $8.55-$8.95, organic growth 11%-13%; expects ~$1B share repurchase in 2021.","Price recovery actions offset raw material cost increases dollar-for-dollar; supply chain headwinds reduced revenue by ~$60M."],"urls":{"canonical":"https://secwatch.observer/filing/0000049826-21-000056","json":"https://secwatch.observer/filing/0000049826-21-000056.json","markdown":"https://secwatch.observer/filing/0000049826-21-000056.md","text":"https://secwatch.observer/filing/0000049826-21-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/49826/000004982621000056/0000049826-21-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/49826/000004982621000056/itw-20210730.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T00:33:35.487978+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}