3M CO - Annual Financials - Balance Sheet (SEC)

Updated on January 3, 2026.
Related Topics: SEC Topic List.
Data Source: SEC.

See details in table below.

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3M CO - Annual Balance Sheet (In Millions of USD, Except Per Share Amounts)
Breakdown 2024-12-31 2023-12-31 2022-12-31
Cash and cash equivalents 5600 5735
Marketable securities current 658 50
Accounts receivable net of allowances of $60 and $62 3194 3601
Finished goods 1849 1842
Work in process 1051 1242
Raw materials and supplies 798 860
Total inventories 3698 3944
Prepaids 436 344
Other current assets 828 326
Current assets of discontinued operations 0 2379
Total current assets 15884 16379
Property, plant and equipment 23406 23494
Less: Accumulated depreciation 16018 15804
Property, plant and equipment net 7388 7690
Operating lease right of use assets 565 657
Goodwill 6281 1512 6337
Intangible assets net 1210 1323
Other assets 8540 6806
Non-current assets of discontinued operations 0 11343
Total assets 39868 50580
Short-term borrowings and current portion of long-term debt 1919 2947
Accounts payable 2660 2776
Accrued payroll 712 695
Accrued income taxes 331 304
Operating lease liabilities current 163 192
Other current liabilities 5471 6660
Current liabilities of discontinued operations 0 1723
Total current liabilities 11256 15297
Long-term debt 11125 13088
Pension and postretirement benefits 814 789
Operating lease liabilities 405 464
Other liabilities 11375 14021
Non-current liabilities of discontinued operations 0 686
Total liabilities 35974 45712
Commitments and contingencies (Note 19) 0 0
Common stock 9 9
Additional paid-in capital 7229 6956
Retained earnings 36797 37479
Treasury stock, at cost: 34462 32859
Accumulated other comprehensive income (loss) -5731 -6778
Total 3M Company shareholders equity 3842 4807
Noncontrolling interest 52 61
Total equity -2763 37479 14770
Total liabilities and equity 39868 50580
Allowances for doubtful accounts receivable 60 62
Common stock, par value (in dollars per share) 0.01 0.01 0.01
Common stock, issued (in shares) 944.033056 944.033056 944.033056
Common stock, outstanding (in shares) 539.470303 552.581136