{"schema_version":"secwatch.filing_event.v1","accession":"0000049826-23-000022","form_type":"8-K","ticker":"ITW","cik":"0000049826","company_name":"ILLINOIS TOOL WORKS INC","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.881690+00:00","generated_at":"2026-06-16T04:02:00.976762+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"ITW Q1 GAAP EPS $2.33 (+10% YoY); raises FY guidance by $0.05 to $9.45-$9.85","bullets":["Revenue $4.0B, organic growth +5%; operating margin 24.2% (+150 bps).","GAAP EPS $2.33 (+10% YoY), record Q1; free cash flow $615M (+147%).","FY2023 GAAP EPS guidance raised to $9.45-$9.85 (prior $9.40-$9.80); organic growth view 3-5%.","Operating margin guidance 24.5-25.5%; plans ~$1.5B in share repurchases for year.","Effective tax rate 22.6% in Q1; full-year tax rate lowered to 23.5-24%."],"urls":{"canonical":"https://secwatch.observer/filing/0000049826-23-000022","json":"https://secwatch.observer/filing/0000049826-23-000022.json","markdown":"https://secwatch.observer/filing/0000049826-23-000022.md","text":"https://secwatch.observer/filing/0000049826-23-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/49826/000004982623000022/0000049826-23-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/49826/000004982623000022/itw-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T04:02:00.976762+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":[{"claim_id":"5bd98e3ae8fcbdf6ee39a674dfc3786e3e04bfc7","claim":"ILLINOIS TOOL WORKS INC reported financial results for first quarter 2023.","evidence_excerpt":"announced its 2023 first quarter results of operations in the press release furnished as Exhibit 99.1.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/49826/000004982623000022/0000049826-23-000022-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}