ITW · 10-Q · 2026Q2 · Full report

Revolving Credit Facility

ILLINOIS TOOL WORKS INC · 2026-08-06 · Importance 40 · Surprise 42

On February 20, 2026, ITW entered into a new $3.0 billion five-year revolving credit facility terminating February 20, 2031. The facility replaced the prior $3.0 billion facility scheduled to terminate October 21, 2027, and is available to provide liquidity and support potential commercial paper issuances. No amounts were outstanding under the facility as of June 30, 2026.

Key facts

• On February 20, 2026 the Company entered into a $3.0 billion, five-year revolving credit facility with a termination date of February 20, 2031, replacing the existing $3.0 billion, five-year facility with termination date October 21, 2027. source
• As of June 30, 2026, the Company had no outstanding borrowings under its $3.0 billion (facility). source
• In the U.S., the Company may use its commercial paper program, which is supported by a long-term credit facility, for short-term liquidity needs. source
• No amounts were outstanding under the revolving credit facility as of June 30, 2026 or December 31, 2025. source