2021 Q4 Form 10-K Financial Statement

#000004982622000006 Filed on February 11, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $3.679B $14.46B $3.475B
YoY Change 5.87% 14.96% 0.17%
Cost Of Revenue $2.191B $8.489B $2.000B
YoY Change 9.55% 15.11% -1.09%
Gross Profit $1.488B $5.966B $1.475B
YoY Change 0.88% 14.75% 1.94%
Gross Profit Margin 40.45% 41.27% 42.45%
Selling, General & Admin $621.0M $2.356B $557.0M
YoY Change 11.49% 8.92% -4.95%
% of Gross Profit 41.73% 39.49% 37.76%
Research & Development $239.0M
YoY Change 11.68%
% of Gross Profit 4.01%
Depreciation & Amortization $104.0M $277.0M $105.0M
YoY Change -0.95% 1.47% 0.0%
% of Gross Profit 6.99% 4.64% 7.12%
Operating Expenses $654.0M $239.0M $592.0M
YoY Change 10.47% 11.68% -4.98%
Operating Profit $834.0M $3.477B $883.0M
YoY Change -5.55% 20.65% 7.16%
Interest Expense -$49.00M $202.0M -$52.00M
YoY Change -5.77% -1.94% 1.96%
% of Operating Profit -5.88% 5.81% -5.89%
Other Income/Expense, Net $7.000M $51.00M -$7.000M
YoY Change -200.0% 82.14% -112.07%
Pretax Income $792.0M $1.667B $824.0M
YoY Change -3.88% 17.48% -0.84%
Income Tax $183.0M $632.0M $182.0M
% Of Pretax Income 23.11% 37.91% 22.09%
Net Earnings $609.0M $2.694B $642.0M
YoY Change -5.14% 27.74% 0.16%
Net Earnings / Revenue 16.55% 18.64% 18.47%
Basic Earnings Per Share $8.55 $2.03
Diluted Earnings Per Share $1.934M $8.51 $2.02
COMMON SHARES
Basic Shares Outstanding 315.1M shares
Diluted Shares Outstanding 316.4M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.527B $1.527B $2.564B
YoY Change -40.44% -40.44% 29.43%
Cash & Equivalents $1.527B $1.527B $2.564B
Short-Term Investments
Other Short-Term Assets $140.0M $211.0M $119.0M
YoY Change 17.65% 41.61% -1.65%
Inventory $1.694B $1.694B $1.189B
Prepaid Expenses
Receivables $2.840B $2.840B $2.506B
Other Receivables $0.00 $102.0M $0.00
Total Short-Term Assets $6.374B $6.374B $6.523B
YoY Change -2.28% -2.28% 4.32%
LONG-TERM ASSETS
Property, Plant & Equipment $1.809B $2.031B $1.777B
YoY Change 1.8% 1.91% 2.78%
Goodwill $4.965B $4.690B
YoY Change 5.86% 4.41%
Intangibles $972.0M $781.0M
YoY Change 24.46% -8.23%
Long-Term Investments
YoY Change
Other Assets $1.405B $1.735B $1.308B
YoY Change 7.42% 6.77% 6.6%
Total Long-Term Assets $9.703B $9.703B $9.089B
YoY Change 6.76% 6.76% 3.11%
TOTAL ASSETS
Total Short-Term Assets $6.374B $6.374B $6.523B
Total Long-Term Assets $9.703B $9.703B $9.089B
Total Assets $16.08B $16.08B $15.61B
YoY Change 2.98% 2.98% 3.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $585.0M $585.0M $534.0M
YoY Change 9.55% 9.55% 13.14%
Accrued Expenses $1.648B $1.254B $1.284B
YoY Change 28.35% 18.08% 5.51%
Deferred Revenue
YoY Change
Short-Term Debt $778.0M $210.0M $350.0M
YoY Change 122.29% 8650.0%
Long-Term Debt Due $568.0M $568.0M $350.0M
YoY Change 62.29% 62.29% 8650.0%
Total Short-Term Liabilities $3.470B $3.470B $2.589B
YoY Change 34.03% 34.03% 20.19%
LONG-TERM LIABILITIES
Long-Term Debt $6.909B $6.909B $7.772B
YoY Change -11.1% -11.1% 0.23%
Other Long-Term Liabilities $1.053B $1.418B $1.068B
YoY Change -1.4% -4.25% 6.8%
Total Long-Term Liabilities $8.981B $8.327B $9.841B
YoY Change -8.74% -10.01% -0.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.470B $3.470B $2.589B
Total Long-Term Liabilities $8.981B $8.327B $9.841B
Total Liabilities $12.45B $12.45B $12.43B
YoY Change 0.17% 0.17% 3.26%
SHAREHOLDERS EQUITY
Retained Earnings $24.33B $23.11B
YoY Change 5.24% 3.17%
Common Stock $1.438B $1.368B
YoY Change 5.12% 4.43%
Preferred Stock
YoY Change
Treasury Stock (at cost) $20.64B $19.66B
YoY Change 4.97% 3.57%
Treasury Stock Shares
Shareholders Equity $3.625B $3.625B $3.181B
YoY Change
Total Liabilities & Shareholders Equity $16.08B $16.08B $15.61B
YoY Change 2.98% 2.98% 3.61%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $609.0M $2.694B $642.0M
YoY Change -5.14% 27.74% 0.16%
Depreciation, Depletion And Amortization $104.0M $277.0M $105.0M
YoY Change -0.95% 1.47% 0.0%
Cash From Operating Activities $774.0M $2.557B $773.0M
YoY Change 0.13% -8.91% -0.13%
INVESTING ACTIVITIES
Capital Expenditures -$79.00M $296.0M -$68.00M
YoY Change 16.18% 25.42% -17.07%
Acquisitions $731.0M
YoY Change
Other Investing Activities -$729.0M $3.000M $5.000M
YoY Change -14680.0% 0.0% -95.8%
Cash From Investing Activities -$808.0M -$984.0M -$63.00M
YoY Change 1182.54% 359.81% -270.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $950.0M
YoY Change 48.44%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -417.0M -$2.564B -368.0M
YoY Change 13.32% 25.13% -46.28%
NET CHANGE
Cash From Operating Activities 774.0M $2.557B 773.0M
Cash From Investing Activities -808.0M -$984.0M -63.00M
Cash From Financing Activities -417.0M -$2.564B -368.0M
Net Change In Cash -451.0M -$1.037B 342.0M
YoY Change -231.87% -277.87% 171.43%
FREE CASH FLOW
Cash From Operating Activities $774.0M $2.557B $773.0M
Capital Expenditures -$79.00M $296.0M -$68.00M
Free Cash Flow $853.0M $2.261B $841.0M
YoY Change 1.43% -12.06% -1.75%

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CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— Certain reclassifications of prior year data have been made to conform to current year reporting.</span>
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44000000 USD
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5000000 USD
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0 USD
CY2019 itw Product Warranty Accrual Increase Decrease From Business Acquisition And Divestitures
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0 USD
CY2021 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
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CY2020 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
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1000000 USD
CY2019 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
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0 USD
CY2021Q4 us-gaap Product Warranty Accrual
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46000000 USD
CY2020Q4 us-gaap Product Warranty Accrual
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45000000 USD
CY2019Q4 us-gaap Product Warranty Accrual
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45000000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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731000000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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4000000 USD
CY2020 us-gaap Number Of Businesses Acquired
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0 acquisition
CY2021Q4 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
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P10Y
CY2020 itw Number Of Businesses No Longer Classified As Held For Sale
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3 segment
CY2021 itw Numberof Company Divisions
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83 division
CY2021 us-gaap Number Of Reportable Segments
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7 segment
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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14455000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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12574000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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14109000000 USD
CY2021 us-gaap Number Of Reportable Segments
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7 segment
CY2021 us-gaap Investment Income Interest
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12000000 USD
CY2020 us-gaap Investment Income Interest
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17000000 USD
CY2019 us-gaap Investment Income Interest
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29000000 USD
CY2021 us-gaap Defined Benefit Plan Other Costs
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-23000000 USD
CY2020 us-gaap Defined Benefit Plan Other Costs
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-13000000 USD
CY2019 us-gaap Defined Benefit Plan Other Costs
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-24000000 USD
CY2021 us-gaap Gain Loss On Investments
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29000000 USD
CY2020 us-gaap Gain Loss On Investments
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8000000 USD
CY2019 us-gaap Gain Loss On Investments
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15000000 USD
CY2021 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
CY2020 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
CY2019 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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44000000 USD
CY2021 us-gaap Income Loss From Equity Method Investments
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0 USD
CY2020 us-gaap Income Loss From Equity Method Investments
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0 USD
CY2019 us-gaap Income Loss From Equity Method Investments
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0 USD
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-9000000 USD
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-5000000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-10000000 USD
CY2021 us-gaap Other Nonoperating Income Expense
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CY2020 us-gaap Other Nonoperating Income Expense
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CY2019 us-gaap Other Nonoperating Income Expense
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5000000 USD
CY2021 us-gaap Nonoperating Income Expense
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51000000 USD
CY2020 us-gaap Nonoperating Income Expense
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28000000 USD
CY2019 us-gaap Nonoperating Income Expense
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107000000 USD
CY2017Q4 us-gaap Tax Cuts And Jobs Act Of2017 Income Tax Expense Benefit
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676000000 USD
CY2021Q4 us-gaap Accrued Income Taxes Noncurrent
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365000000 USD
CY2020Q4 us-gaap Accrued Income Taxes Noncurrent
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413000000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
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399000000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
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301000000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
356000000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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-95000000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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304000000 USD
CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
247000000 USD
CY2019 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
330000000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
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302000000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
276000000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
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302000000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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15000000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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53000000 USD
CY2021 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
245000000 USD
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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291000000 USD
CY2019 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
355000000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
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79000000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
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48000000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
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77000000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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4000000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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9000000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
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5000000 USD
CY2021 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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83000000 USD
CY2020 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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57000000 USD
CY2019 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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82000000 USD
CY2021 us-gaap Income Tax Expense Benefit
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632000000 USD
CY2020 us-gaap Income Tax Expense Benefit
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595000000 USD
CY2019 us-gaap Income Tax Expense Benefit
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767000000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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1667000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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1419000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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1774000000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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1659000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1285000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1514000000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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3326000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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2704000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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3288000000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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0.012
CY2020 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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0.010
CY2019 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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0.011
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.034
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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-0.015
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.021
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.019
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.017
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.019
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.020
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.020
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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0.016
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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0.020
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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0.014
CY2021 itw Effective Income Tax Rate Reconciliation Dividend Percent
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CY2020 itw Effective Income Tax Rate Reconciliation Dividend Percent
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-0.016
CY2019 itw Effective Income Tax Rate Reconciliation Dividend Percent
EffectiveIncomeTaxRateReconciliationDividendPercent
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Deductions Extraterritorial Income Exclusion
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0.013
CY2020 us-gaap Effective Income Tax Rate Reconciliation Deductions Extraterritorial Income Exclusion
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0.013
CY2019 us-gaap Effective Income Tax Rate Reconciliation Deductions Extraterritorial Income Exclusion
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0.001
CY2021 itw Effective Income Tax Rate Reconciliation Tax Benefitfrom Stock Compensation
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0.005
CY2020 itw Effective Income Tax Rate Reconciliation Tax Benefitfrom Stock Compensation
EffectiveIncomeTaxRateReconciliationTaxBenefitfromStockCompensation
0.010
CY2019 itw Effective Income Tax Rate Reconciliation Tax Benefitfrom Stock Compensation
EffectiveIncomeTaxRateReconciliationTaxBenefitfromStockCompensation
0.009
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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534000000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.003
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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0.190
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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0.220
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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0.233
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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0.190
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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0.220
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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0.233
CY2021Q3 itw Discrete Tax Expense Benefit
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CY2021Q2 itw Discrete Tax Expense Benefit
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CY2019Q3 itw Discrete Tax Expense Benefit
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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CY2021Q4 itw Accrual Foreign Withhold Taxes
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48000000 USD
CY2020Q4 itw Accrual Foreign Withhold Taxes
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55000000 USD
CY2021Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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170000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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168000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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292000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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476000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Inventory
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39000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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3000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Inventory
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31000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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3000000 USD
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17000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Investments
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146000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Investments
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10000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Investments
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156000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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17000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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103000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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16000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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91000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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39000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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37000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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418000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
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236000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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11000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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12000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2020Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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11000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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10000000 USD
CY2021Q4 itw Deferred Tax Liability Tax Deferred Expense Compensationand Benefits Pensions
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65000000 USD
CY2020Q4 itw Deferred Tax Liability Tax Deferred Expense Compensationand Benefits Pensions
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27000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
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CY2021Q4 us-gaap Deferred Tax Liabilities Unrealized Currency Transaction Gains
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44000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
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29000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Unrealized Currency Transaction Gains
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CY2021Q4 itw Deferred Tax Assets Lease Arrangements
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49000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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49000000 USD
CY2020Q4 itw Deferred Tax Assets Lease Arrangements
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48000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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48000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Other
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52000000 USD
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42000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
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32000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
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CY2021Q4 us-gaap Deferred Income Tax Liabilities
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1191000000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
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427000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
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884000000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
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CY2020Q4 us-gaap Deferred Tax Assets Net
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764000000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
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819000000 USD
CY2021Q4 us-gaap Operating Loss Carryforwards
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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346000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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296000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
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297000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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74000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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6000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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23000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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39000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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13000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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12000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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47000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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14000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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23000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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5000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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8000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
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7000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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1000000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
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360000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
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346000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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296000000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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320000000 USD
CY2021 itw Decrease In Unrecognized Tax Benefits Ongoing Audits
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51000000 USD
CY2021Q4 itw Accrual For Interest And Penalties Related To Income Tax Matters
AccrualForInterestAndPenaltiesRelatedToIncomeTaxMatters
40000000 USD
CY2020Q4 itw Accrual For Interest And Penalties Related To Income Tax Matters
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34000000 USD
CY2021 us-gaap Profit Loss
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2694000000 USD
CY2020 us-gaap Profit Loss
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2109000000 USD
CY2019 us-gaap Profit Loss
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2521000000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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315100000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
316900000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
323900000 shares
CY2021 us-gaap Earnings Per Share Basic
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8.55
CY2020 us-gaap Earnings Per Share Basic
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6.66
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CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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316900000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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323900000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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1300000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1400000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1700000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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316400000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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318300000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021 us-gaap Earnings Per Share Diluted
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8.51
CY2020 us-gaap Earnings Per Share Diluted
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6.63
CY2019 us-gaap Earnings Per Share Diluted
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7.74
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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400000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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500000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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900000 shares
CY2019Q4 us-gaap Goodwill
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CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2020 us-gaap Goodwill Transfers
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95000000 USD
CY2020 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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103000000 USD
CY2020Q4 us-gaap Goodwill
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CY2021 itw Goodwill Acquired During Period And Written Off Related To Sale Of Business Unit
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CY2021 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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CY2021Q4 us-gaap Goodwill
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CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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240000000 USD
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3035000000 USD
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2906000000 USD
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781000000 USD
CY2020Q3 us-gaap Goodwill And Intangible Asset Impairment
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CY2019Q3 us-gaap Goodwill And Intangible Asset Impairment
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CY2021Q3 us-gaap Goodwill And Intangible Asset Impairment
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133000000 USD
CY2020 itw Amortizationand Impairmentof Intangible Assets
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154000000 USD
CY2019 itw Amortizationand Impairmentof Intangible Assets
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159000000 USD
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137000000 USD
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118000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
101000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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78000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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59000000 USD
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CY2020 itw Shortterm Leaseand Variable Lease Cost
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48000000 USD
CY2019 itw Shortterm Leaseand Variable Lease Cost
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CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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CY2020Q4 us-gaap Operating Lease Right Of Use Asset
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CY2020Q4 us-gaap Operating Lease Liability Current
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55000000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
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133000000 USD
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133000000 USD
CY2021Q4 us-gaap Operating Lease Liability
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194000000 USD
CY2020Q4 us-gaap Operating Lease Liability
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188000000 USD
CY2021 us-gaap Operating Lease Cost
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71000000 USD
CY2020 us-gaap Operating Lease Cost
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65000000 USD
CY2021 us-gaap Operating Lease Payments
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70000000 USD
CY2020 us-gaap Operating Lease Payments
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64000000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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71000000 USD
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65000000 USD
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P4Y4M24D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y1M6D
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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64000000 USD
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51000000 USD
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36000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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20000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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13000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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19000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
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203000000 USD
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9000000 USD
CY2021Q4 us-gaap Operating Lease Liability
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194000000 USD
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CY2020Q4 us-gaap Long Term Debt
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CY2020Q4 us-gaap Long Term Debt
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CY2021Q4 us-gaap Long Term Debt Current
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568000000 USD
CY2020Q4 us-gaap Long Term Debt Current
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350000000 USD
CY2021Q4 us-gaap Commercial Paper
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210000000 USD
CY2020Q4 us-gaap Commercial Paper
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CY2021Q4 us-gaap Short Term Borrowings
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778000000 USD
CY2020Q4 us-gaap Short Term Borrowings
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350000000 USD
CY2021Q4 us-gaap Commercial Paper
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210000000 USD
CY2020Q4 us-gaap Commercial Paper
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CY2020Q4 us-gaap Commercial Paper
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CY2021Q4 us-gaap Long Term Debt
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CY2021Q4 us-gaap Long Term Debt
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CY2021Q4 us-gaap Long Term Debt Fair Value
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CY2020Q4 us-gaap Long Term Debt
LongTermDebt
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CY2020Q4 us-gaap Long Term Debt
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568000000 USD
CY2020Q4 us-gaap Long Term Debt Current
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350000000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
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6909000000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
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CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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568000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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567000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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1378000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
995000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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3969000000 USD
CY2021Q4 us-gaap Long Term Debt
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7477000000 USD
CY2021 us-gaap Defined Contribution Plan Cost Recognized
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88000000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
85000000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
86000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
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232000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsProjectedBenefitObligation
212000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets
59000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets
32000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
223000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
205000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
59000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
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32000000 USD
CY2021Q4 itw Defined Benefit Plan Health Care Cost Trend Rates Assumed For Next Fiscal Year
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0.0700
CY2020Q4 itw Defined Benefit Plan Health Care Cost Trend Rates Assumed For Next Fiscal Year
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0.0700
CY2019Q4 itw Defined Benefit Plan Health Care Cost Trend Rates Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRatesAssumedForNextFiscalYear
0.0670
CY2021Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
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0.0450
CY2020Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.0450
CY2019Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.0450
CY2021Q4 us-gaap Preferred Stock Shares Authorized
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300000 shares
CY2021 us-gaap Common Stock Dividends Per Share Declared
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4.72
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
4.42
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
4.14
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.64
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.35
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.07
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-1300000000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-1300000000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
196000000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
331000000 USD
CY2021Q4 itw Number Of Shares For Each Vested Rsu Or Prsu Award
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1 shares
CY2021Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
10000000 shares
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
53000000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
42000000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
41000000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
6000000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5000000 USD
CY2021 itw Stock Based Compensation Expense Net Of Tax
StockBasedCompensationExpenseNetOfTax
47000000 USD
CY2020 itw Stock Based Compensation Expense Net Of Tax
StockBasedCompensationExpenseNetOfTax
37000000 USD
CY2019 itw Stock Based Compensation Expense Net Of Tax
StockBasedCompensationExpenseNetOfTax
36000000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
500000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
164.76
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
200000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
200.87
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
100000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
163.41
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
600000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
178.60
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3200000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
128.81
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
500000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
200.98
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
500000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
92.62
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
100000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
181.06
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3100000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
144.93
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M6D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
312000000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1900000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
123.58
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y10M24D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
239000000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0004
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0138
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0141
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0159
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0250
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0268
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.240
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.210
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.220
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0250
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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