8-KExhibits & Filings

ILLINOIS TOOL WORKS INC 8-K Report, Exhibit Filing (Jan 27, 2005)

Filed January 27, 2005For Securities:ITW

Summary

Illinois Tool Works Inc. (ITW) filed an 8-K on January 27, 2005, to report its fourth quarter and full-year 2004 results of operations. The filing primarily furnished a press release and conference call presentation detailing these results. While the specific financial figures are not included in the 8-K text itself, the report indicates that these documents provide the company's performance metrics and management's commentary on its financial condition. Investors should note that the company highlighted the presentation of "free operating cash flow" as a key metric, with a detailed explanation and reconciliation available in the provided press release (Exhibit 99.1) and further discussed in the conference call presentation (Exhibit 99.2). This suggests management views free operating cash flow as a crucial indicator for assessing the company's operational efficiency and financial health, and investors are encouraged to review these exhibits for a comprehensive understanding of ITW's 2004 performance.

Key Highlights

  • 1ITW filed an 8-K on January 27, 2005, reporting on its Q4 and full-year 2004 financial results.
  • 2The report primarily furnishes a press release (Exhibit 99.1) and a conference call presentation (Exhibit 99.2) for detailed financial information.
  • 3Management emphasizes the importance of "free operating cash flow" as a key performance indicator for investors.
  • 4A reconciliation of free operating cash flow to net cash provided by operating activities is available in the furnished press release.
  • 5The company's 2003 10-K Annual Report provides further disclosure on why management believes free operating cash flow is a useful metric.
  • 6The filing indicates that the event date for these results was December 30, 2004.

Frequently Asked Questions

This 8-K filing does not contain the specific financial figures for Q4 and full-year 2004 within the report itself. Instead, it furnishes a press release (Exhibit 99.1) and a conference call presentation (Exhibit 99.2) where these results are detailed. Investors should refer to these exhibits for comprehensive financial data.

"Free operating cash flow" is a non-GAAP financial measure that ITW's management believes provides useful information to investors. The company's rationale for its importance and a reconciliation to net cash provided by operating activities can be found in the press release (Exhibit 99.1) and was further explained in the conference call presentation (Exhibit 99.2). Investors should review these documents for management's perspective on this metric.

The primary sources of detailed financial information for Q4 and full-year 2004 are the press release dated January 27, 2005 (Exhibit 99.1) and the presentation from the fourth quarter conference call held on the same date (Exhibit 99.2), both furnished with this 8-K filing. Additionally, the company's 2003 Annual Report on Form 10-K provides context for some of the financial metrics discussed.