{"schema_version":"secwatch.filing_event.v1","accession":"0000049826-24-000034","form_type":"8-K","ticker":"ITW","cik":"0000049826","company_name":"ILLINOIS TOOL WORKS INC","filed_at":"2024-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.560075+00:00","generated_at":"2026-05-31T15:29:49.178267+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ITW Q2 operating margin 26.2% (record), revenue -1%, EPS $2.54; narrows FY EPS guidance to $10.30-$10.40","bullets":["Revenue $4.0B (-1.2% yoy); organic growth flat (-0.1%), FX -1.2%, acquisitions +0.1%.","GAAP EPS $2.54 (+2.4%); excluding one-time 2023 tax item, EPS up 5.4%.","Operating margin +140 bps to 26.2% (Q2 record); enterprise initiatives contributed 140 bps.","FY 2024 GAAP EPS guidance narrowed to $10.30-$10.40 (prev $10.30-$10.70); operating margin guidance raised to 26.5%-27%.","Free cash flow $571M (75% conversion to net income); $375M share repurchases in Q2; plans ~$1.5B buybacks for FY."],"urls":{"canonical":"https://secwatch.observer/filing/0000049826-24-000034","json":"https://secwatch.observer/filing/0000049826-24-000034.json","markdown":"https://secwatch.observer/filing/0000049826-24-000034.md","text":"https://secwatch.observer/filing/0000049826-24-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/49826/000004982624000034/0000049826-24-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/49826/000004982624000034/itw-20240730.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:29:49.178267+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"}