{"schema_version":"secwatch.filing_event.v1","accession":"0000049826-24-000017","form_type":"8-K","ticker":"ITW","cik":"0000049826","company_name":"ILLINOIS TOOL WORKS INC","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.642906+00:00","generated_at":"2026-06-03T04:58:21.851241+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ITW Q1: rev $4.0B, organic -0.6%; GAAP EPS $2.73 (ex-item $2.44, +5%); raises FY EPS guide to $10.30-10.70","bullets":["GAAP EPS $2.73 (+17%) includes $0.29 benefit from LIFO-to-FIFO accounting change; ex-item EPS $2.44, +5%.","Operating margin 28.4% (ex-item 25.4%, +120 bps); enterprise initiatives contributed 140 bps.","Organic revenue declined 0.6% to $4.0B; reaffirmed full-year organic growth guidance of 1-3%.","Full-year GAAP EPS guidance raised by $0.30 to $10.30-$10.70; operating margin guidance raised to 26-27%.","Q1 free cash flow $494M (68% conversion to ex-item net income); repurchased $375M shares."],"urls":{"canonical":"https://secwatch.observer/filing/0000049826-24-000017","json":"https://secwatch.observer/filing/0000049826-24-000017.json","markdown":"https://secwatch.observer/filing/0000049826-24-000017.md","text":"https://secwatch.observer/filing/0000049826-24-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/49826/000004982624000017/0000049826-24-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/49826/000004982624000017/itw-20240430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:58:21.851241+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":"d0b66abf0c76b583bd97acdc0c27b89625426e7d","claim":"ILLINOIS TOOL WORKS INC reported first quarter 2024 results: revenue $4.0 billion, EPS $2.73. Guidance reaffirmed.","evidence_excerpt":"ITW Reports First Quarter 2024 Results • Revenue of $4.0 billion, organic growth declined (0.6)% as expected","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/49826/000004982624000017/0000049826-24-000017-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Revenue","value":"$4.0 billion"},{"label":"EPS","value":"$2.73"},{"label":"Guidance","value":"reaffirmed"},{"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"}