8-KOther Events

ILLINOIS TOOL WORKS INC 8-K Report (Oct 16, 2003)

Filed October 16, 2003For Securities:ITW

Summary

Illinois Tool Works Inc. (ITW) filed an 8-K on October 16, 2003, reporting on its third-quarter 2003 financial results. The filing primarily includes a press release and a presentation from the company's third-quarter conference call, both dated October 16, 2003. Investors are directed to these documents for detailed operational results and financial condition updates for the quarter ending September 29, 2003. The company also highlights the continued presentation of "free operating cash flow" as a key performance indicator, noting that a detailed explanation and reconciliation can be found in their 2002 Form 10-K. This suggests that management views free operating cash flow as a crucial metric for understanding the company's financial health and its ability to generate cash beyond its operational needs.

Key Highlights

  • 1ITW announced its third quarter 2003 results on October 16, 2003.
  • 2The 8-K filing includes Exhibit 99.1 (Press Release dated October 16, 2003) and Exhibit 99.2 (Third Quarter Conference Call Presentation).
  • 3These documents provide information on the company's results of operations and financial condition for the third quarter of 2003.
  • 4The company continues to report "free operating cash flow" as a key financial metric.
  • 5Disclosure regarding the "free operating cash flow" metric and its reconciliation to net cash provided by operating activities is available in the filed documents and the 2002 Form 10-K.
  • 6The event date reported is September 29, 2003, indicating the period covered by the results.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report on Illinois Tool Works Inc.'s (ITW) third-quarter 2003 results of operations and financial condition. It formally announces the release of the company's quarterly performance through accompanying exhibits.

The detailed information regarding ITW's third-quarter 2003 financial performance is contained within the press release (Exhibit 99.1) and the presentation from the third-quarter conference call (Exhibit 99.2), both furnished with this 8-K filing.

"Free operating cash flow" is a financial metric that ITW management believes provides useful information to investors. While the specific definition and reconciliation to net cash from operations are in the furnished press release, the company references its 2002 Form 10-K for a more detailed explanation of why this metric is important to their reporting.

The results were announced on October 16, 2003, covering the third quarter of 2003, with the event date for the reported period being September 29, 2003.