Use the financial information for Illinois Tool Works (ticker: ITW) shown below. You noticed the significant uptick in debt that occurred in 2019, and you are concerned about their ability to afford their interest payments. What is the Interest Coverage Ratio for 2019?

Use the financial information for Illinois Tool Works (ticker: ITW) shown below. You noticed the significant uptick in debt that occurred in 2019, and you are concerned about their ability to afford their interest payments. What is the Interest Coverage Ratio for 2019? Income Statement - USD ($) $ in Millions 12 MoniIn Ended Balance Sheet - USD ($] $ in Milliam Dec. 31, 2019 Dec. 51, 2010 Dec. 31, 2017 Dec. 31, 2019 Der. 31, 2018 Dec. 31, 2017 Current Assets Cash and equivalent 1504 5 3,014 Operating Revenue 14100 14 763 14314 Accounts receivables Cast of revenue 1604 1.30 Imentories 1.154 1.318 6 1,2:20 Selling. administrative, and rad expenses 2891 5 2.412 Prepaid experches and other current assets Legal selllement [incomel 195 Assets held for sale Amortization Is Impairment of Intangible assets Total current assets 5.253 8 5.778 6 7.278 Operating income B.402 5 3584 5 8.485 het plant and equipment 1578 Intercat expertin Goodwill 4,753 Other income (espenge) Intangible sopets 1.172 income Before Takes 3.270 Deferred income bassa income taxes Other covets 1.317 5 1.010 1.195 Net Income Total Assets 15058 6 14,870 8 15,730 Net Income Per Share! Current Liabilities: Basic ( in dollars per share) Short-term debt Diluted |In dollars per sharel Accounts papable 472 6 1524 540 Accrued exponina $ 1 171 Stock Price in of 12/91/19: $ 178.57 Cash dividends payable Income taxes payable 48 6 Liabilities held for sale Total current liabilities Noncurrent Liabilities Long-term debt 7.478 Deferred Income thies Noncurrent Income bases payable Other liabilities 130 Total noncurrent Habilities 2.070 5 9.138 Total liabilities 12,0385 11,512 9 12,101 Stockholders' Equity: Common Stock Additional paid in capital 1,504 9 1,118 Retained earnings 30.310 Common stock held in treasury 18.9621 6 (17.5457 5 115.562 Accumulated other comprehensive income [loss) Noncontrolling Interest $ 4 5 Total stockholders equity 3.030 8 3.258 9 4.539 Total liabilities and stockholders' equity 18,780 O 11.407 O 15.394 O 14.878