---
schema_version: "secwatch.filing_event.v1"
accession: "0000049826-24-000041"
form_type: "8-K"
ticker: "ITW"
cik: "0000049826"
company_name: "ILLINOIS TOOL WORKS INC"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:45:01.164100+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ITW sells Wilsonart equity interest for ~$398M; expects ~$360M pre-tax gain in Q3 2024

## Summary
- Sold non-controlling equity interest in Wilsonart to affiliates of Clayton, Dubilier & Rice; transaction closed immediately.
- Total cash proceeds of approximately $398 million.
- Expects pre-tax gain of $360M in Q3 2024; gain was not included in prior FY2024 guidance.
- Equity investment had zero carrying value; sale does not materially impact future quarterly financial results.

## SEC filing metadata
- accession: 0000049826-24-000041
- form_type: 8-K
- ticker: ITW
- cik: 0000049826
- company_name: ILLINOIS TOOL WORKS INC
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49826/000004982624000041/0000049826-24-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49826/000004982624000041/itw-20240805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049826-24-000041
- JSON: https://secwatch.observer/filing/0000049826-24-000041.json
- Plain text: https://secwatch.observer/filing/0000049826-24-000041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.