ITW Income Statement

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Statement of Income [Abstract]
Operating Revenues 4.01B
Cost of revenues 2.5B
Selling, administrative, and research and development expenses 779M
Amortization of intangible assets 68M
Operating Income 660M
Interest expense -60M
Other income (expense) 46M
Income from Continuing Operations Before Income Taxes 646M
Income Taxes 187M
Income from Continuing Operations 459M
Income from discontinued operations -105M
Total 354M
Income Per Share from Continuing Operations:
Basic 1.02
Diluted 1.01
Income Per Share from Discontinued Operations:
Basic -0.23
Diluted -0.23
Net Income Per Share:
Basic 0.78
Diluted 0.78
Cash Dividends:
Paid 0
Declared 0.38
Shares of Common Stock Outstanding During the Period:
Average 451.7M
Average assuming dilution 454.8M