8-K filed February 23, 2026, 6:59 PM ET ticker ITW CIK 0000049826

debt confidence high sentiment neutral materiality 0.50

ITW enters $3B five-year credit facility, replaces existing revolver

ILLINOIS TOOL WORKS INC

$3.0B five-year credit agreement with JPMorgan Chase as Agent and Citibank as Syndication Agent.
No amounts outstanding under new or replaced facility as of February 20, 2026.
Borrowings in USD at floating rate or Term SOFR plus margin of 0.625%–1.00% based on credit rating.
Company may request increase of total facility up to $5.0B at lenders' discretion.

item 1.01 item 1.02 item 2.03 item 9.01

Machine-readable event card

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accession: 0001193125-26-061771
form_type: 8-K
ticker: ITW
cik: 0000049826
company_name: ILLINOIS TOOL WORKS INC
filed_at: 2026-02-23T23:59:59+00:00
discovered_at: 2026-05-14T18:02:37.431340+00:00
generated_at: 2026-05-16T01:19:13.689822+00:00
sec_items: ["1.01", "1.02", "2.03", "9.01"]
event_type: debt
sentiment: neutral
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Source-grounded claims

7d2c7bf36777c906b5baf02aab8df3947dc2b929

ILLINOIS TOOL WORKS INC incurred revolving credit of $3.0 billion with JPMorgan Chase Bank, N.A., as Agent at floating rate maturing five years.

On February 20, 2026, Illinois Tool Works Inc. (the “Company”) entered into a $3.0 billion, five-year credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as Agent

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

0c6878c3493421b150d67634b47e2c5790c6ca7a

ILLINOIS TOOL WORKS INC terminated Credit Agreement with the lenders named therein, and JPMorgan Chase Bank, N.A., as Agent (effective 2026-02-20).

On February 20, 2026, in connection with the Company’s entry into the Credit Agreement, the existing credit agreement dated October 21, 2022, as amended, by and among the Company, the lenders named therein, and JPMorgan Chase Bank, N.A., as Agent, was terminated.

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

6e69fd729de3c3bcb3b61926efc457ea455f4523

ILLINOIS TOOL WORKS INC entered into Credit Agreement with JPMorgan Chase Bank, N.A., as Agent, Citibank, N.A. as Syndication Agent, and a syndicate of lenders valued at $3.0 billion (effective 2026-02-20).

On February 20, 2026, Illinois Tool Works Inc. (the “Company”) entered into a $3.0 billion, five-year credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as Agent, Citibank, N.A. as Syndication Agent, both of which served as Joint Lead Arrangers and Joint Bookrunners, and a syndicate of lenders

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

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On February 20, 2026, Illinois Tool Works Inc. (the “Company”) entered into a $3.0 billion, five-year credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as Agent

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On February 20, 2026, Illinois Tool Works Inc. (the “Company”) entered into a $3.0 billion, five-year credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as Agent

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On February 20, 2026, Illinois Tool Works Inc. (the “Company”) entered into a $3.0 billion, five-year credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as Agent

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On February 20, 2026, Illinois Tool Works Inc. (the “Company”) entered into a $3.0 billion, five-year credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as Agent

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On February 20, 2026, Illinois Tool Works Inc. (the “Company”) entered into a $3.0 billion, five-year credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as Agent

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On February 20, 2026, Illinois Tool Works Inc. (the “Company”) entered into a $3.0 billion, five-year credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as Agent

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Source: SEC EDGAR

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