8-KEarnings & ResultsExhibits & Filings

ILLINOIS TOOL WORKS INC 8-K Report, Financial Results (Oct 17, 2007)

Filed October 17, 2007For Securities:ITW

Summary

Illinois Tool Works Inc. (ITW) filed an 8-K on October 17, 2007, to announce its third-quarter 2007 financial results. The report primarily serves as a notification of the release of their Q3 earnings, accompanied by a press release and a conference call presentation. While specific financial figures are not detailed within the 8-K itself, it directs investors to these furnished exhibits for comprehensive information on the company's performance and financial condition during the quarter. Key for investors is the reference to the company's "free operating cash flow" metric, which ITW believes provides valuable insights. The filing also notes that a reconciliation of this non-GAAP measure to the GAAP measure of net cash provided by operating activities is included in the press release. Investors are encouraged to review the provided press release and conference call materials for detailed operational and financial performance data.

Key Highlights

  • 1ITW announced its third-quarter 2007 financial results via an 8-K filing on October 17, 2007.
  • 2The filing includes a press release (Exhibit 99.1) detailing the Q3 results.
  • 3A presentation from the Q3 conference call (Exhibit 99.2) is also furnished.
  • 4The company highlights the use of 'free operating cash flow' as a key performance indicator.
  • 5Reconciliation of 'free operating cash flow' to GAAP net cash from operations is provided in the press release.
  • 6The 8-K serves as a notification and points to the exhibits for detailed financial information.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally announce Illinois Tool Works Inc.'s (ITW) financial results for the third quarter of 2007 and to furnish the accompanying press release and conference call presentation as exhibits.

Detailed Q3 2007 financial results are not included directly in the 8-K filing. Investors should refer to Exhibit 99.1 (Press Release) and Exhibit 99.2 (Conference Call Presentation) which are furnished with this report.

'Free operating cash flow' is a non-GAAP financial measure that ITW's management believes provides useful information to investors about the company's ability to generate cash after its operating activities. The explanation for its utility is detailed in ITW's 2006 Annual Report on Form 10-K, and a reconciliation to GAAP net cash from operating activities is provided in the Q3 press release.

The 8-K filing was signed by Ronald D. Kropp, Senior Vice President and Chief Financial Officer (Principal Accounting Officer) of Illinois Tool Works Inc.