What was the primary reason for filing this Amendment No. 1 to the 10-K?

The primary reason for this amendment was to correct a significant typographical error on the cover page. The aggregate market value of ITW's voting stock held by non-affiliates as of June 30, 2006, was incorrectly reported as $19,700,000 and has been corrected to $19,700,000,000.

What is the significance of the corrected market value for investors?

The correction from $19.7 million to $19.7 billion drastically increases the reported market capitalization. This reinforces ITW's status as a large, well-established company and a 'large accelerated filer', which is a positive indicator for investors regarding the company's size and stability.

What does it mean that ITW is a 'large accelerated filer'?

Being a 'large accelerated filer' means ITW meets specific SEC criteria related to public float (market value of shares held by non-affiliates) and reporting history. For the year ended December 31, 2006, ITW's market value of shares held by non-affiliates exceeded $700 million, and it has been subject to the Exchange Act reporting requirements for at least 12 months and filed at least one annual report. This status generally implies a mature and significant company.

Are there any other material changes or disclosures in this amendment?

Besides the critical market value correction, the amendment includes updated certifications as required by SEC Rule 13a-14(a). While no other significant operational or financial data changes are highlighted in this specific amendment, these certifications are crucial for ensuring the accuracy and integrity of the filed financial information.

ITW 10-K FY2006 Annual Report — Revenue, Net Income, EPS

01—Abstract

Summary

Summary of the 10-K/A filed April 5, 2007. Cited figures are marked; the original filing is the authoritative source.

Illinois Tool Works Inc. (ITW) filed an amendment to its 2006 10-K on April 4, 2007, primarily to correct a significant typographical error on the cover page.

The aggregate market value of the registrant's voting stock held by non-affiliates as of June 30, 2006, was corrected from $19,700,000 to $19,700,000,000^a. This correction significantly impacts the perception of the company's market capitalization and its status as a large accelerated filer. The amendment also includes updated certifications required by Rule 13a-14(a).

02—Key points

Key Highlights

Correction of a substantial typographical error in the reported market value of non-affiliate stock, changing it from $19.7 million to $19.7 billion.
ITW is confirmed as a 'large accelerated filer', indicating a significant market capitalization and robust financial reporting history.
The amendment includes revised Rule 13a-14(a) certifications, demonstrating adherence to current SEC financial reporting standards.
The filing confirms the company's fiscal year-end is December 31, 2006.
Total outstanding shares of Common Stock as of January 31, 2007, were 558,822,857.
ITW's Common Stock is registered on both the New York Stock Exchange and the Chicago Stock Exchange.

03—Questions

Frequently Asked Questions

What was the primary reason for filing this Amendment No. 1 to the 10-K?
The primary reason for this amendment was to correct a significant typographical error on the cover page. The aggregate market value of ITW's voting stock held by non-affiliates as of June 30, 2006, was incorrectly reported as $19,700,000 and has been corrected to $19,700,000,000.
What is the significance of the corrected market value for investors?
The correction from $19.7 million to $19.7 billion drastically increases the reported market capitalization. This reinforces ITW's status as a large, well-established company and a 'large accelerated filer', which is a positive indicator for investors regarding the company's size and stability.
What does it mean that ITW is a 'large accelerated filer'?
Being a 'large accelerated filer' means ITW meets specific SEC criteria related to public float (market value of shares held by non-affiliates) and reporting history. For the year ended December 31, 2006, ITW's market value of shares held by non-affiliates exceeded $700 million, and it has been subject to the Exchange Act reporting requirements for at least 12 months and filed at least one annual report. This status generally implies a mature and significant company.
Are there any other material changes or disclosures in this amendment?
Besides the critical market value correction, the amendment includes updated certifications as required by SEC Rule 13a-14(a). While no other significant operational or financial data changes are highlighted in this specific amendment, these certifications are crucial for ensuring the accuracy and integrity of the filed financial information.

04—Continue

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