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 |