{"schema_version":"secwatch.filing_event.v1","accession":"0000049826-22-000057","form_type":"8-K","ticker":"ITW","cik":"0000049826","company_name":"ILLINOIS TOOL WORKS INC","filed_at":"2022-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.228981+00:00","generated_at":"2026-06-23T00:58:44.876324+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"ITW enters $3.0B five-year credit facility, replaces prior facility due 2024","bullets":["Entered $3.0B five-year credit facility with JPMorgan as agent, Citibank as syndication agent, effective Oct 21, 2022.","No amounts outstanding under new or replaced facility; prior facility (Sept 2019) terminated.","Unused commitment fee 0.045%-0.09% and applicable margin 0.625%-1.00%, both based on credit rating.","Company may request increase to $5.0B total at lenders' discretion.","Key covenant: Interest Coverage Ratio must not be less than 3.5x."],"urls":{"canonical":"https://secwatch.observer/filing/0000049826-22-000057","json":"https://secwatch.observer/filing/0000049826-22-000057.json","markdown":"https://secwatch.observer/filing/0000049826-22-000057.md","text":"https://secwatch.observer/filing/0000049826-22-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/49826/000004982622000057/0000049826-22-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/49826/000004982622000057/itw-20221021.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T00:58:44.876324+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"}