ILLINOIS TOOL WORKS INC | 2013 | FY | 3


Prepaid Expenses and Other Current Assets as of December 31, 2013 and 2012 were as follows: 
In millions
 
2013
 
2012
Income tax refunds receivable
 
$
120

 
$
231

Value-added-tax receivables
 
68

 
71

Vendor advances
 
30

 
52

Other
 
148

 
168

 
 
$
366


$
522


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