← 3M CO

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Accounts receivable — net of allowances of $61 and $60 $4.4b $4.9b $5.0b $4.8b $4.7b $4.7b $4.5b $4.8b $3.2b $3.5b
Cash and Cash Equivalents, at Carrying Value $2.4b — — — — — — — — —
Cash and cash equivalents $2.4b $3.1b $2.9b $2.4b $4.6b $4.6b $3.7b $5.9b $5.6b $5.2b
Other current assets $1.3b $266.0m $349.0m $891.0m $325.0m $339.0m $456.0m $336.0m $828.0m $2.8b
Prepaids $821.0m $937.0m $741.0m $704.0m $675.0m $654.0m $435.0m $485.0m $436.0m $391.0m
Inventory, Net $3.4b $4.0b $4.4b $4.1b $4.2b $5.0b $5.4b $4.8b $3.7b $3.7b
Total inventories $3.4b $4.0b $4.4b $4.1b $4.2b $5.0b $5.4b $4.8b $3.7b $3.7b
Assets, Current $11.7b $14.3b $13.7b $13.0b $15.0b $15.4b $14.7b $16.4b $15.9b $16.4b
Total current assets $11.7b $14.3b $13.7b $13.0b $15.0b $15.4b $14.7b $16.4b $15.9b $16.4b
Property, Plant and Equipment, Net $8.5b $8.9b $8.7b $9.3b $9.4b $9.4b $9.2b $9.2b $7.4b $7.1b
Goodwill $9.2b $10.5b $10.1b $13.4b $13.8b $13.5b $12.8b $12.9b $6.3b $6.4b
Intangible Assets, Net (Excluding Goodwill) $2.3b $2.9b $2.7b $6.4b $5.8b $5.3b $4.7b $4.2b $1.2b $1.1b
Intangible assets — net $2.3b $2.9b $2.7b $6.4b $5.8b $5.3b $4.7b $4.2b $1.2b $1.1b
Operating Lease, Right-of-Use Asset — — — $858.0m $864.0m $858.0m $829.0m $759.0m $565.0m $516.0m
Other Assets, Noncurrent $981.0m $1.4b $1.3b $1.7b $2.4b $2.6b $4.3b $7.1b $8.5b $6.7b
Other assets $981.0m $1.4b $1.3b $1.7b $2.4b $2.6b $4.3b $7.1b $8.5b $6.7b
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $4.4b $4.9b $5.0b $4.8b $4.7b $4.7b $4.5b $4.8b $3.2b $3.5b
Assets held for sale — — — — — — — $2.4b $0 $46.0m
Finished goods $1.6b $1.9b $2.1b $2.0b $2.1b $2.2b $2.5b $2.3b $1.8b $1.7b
Less: accumulated depreciation ($15.0b) ($16.0b) ($16.1b) ($16.8b) ($17.2b) ($17.8b) ($16.8b) ($17.7b) ($16.0b) ($16.8b)
Liabilities held for sale — — — — — — — $1.7b $0 $55.0m
Marketable securities — — — — $404.0m $201.0m $238.0m $53.0m $2.1b $698.0m
Other current liabilities $2.5b $2.7b $2.8b $3.1b $3.3b $3.2b $3.2b $7.6b $5.5b $4.5b
Other liabilities $1.6b $3.0b $3.0b $3.3b $3.5b $3.4b $5.6b $14.3b $11.4b $10.8b
Raw materials and supplies $717.0m $901.0m $954.0m $937.0m $932.0m $1.2b $1.3b $1.1b $798.0m $791.0m
Work in process $1.0b $1.2b $1.3b $1.2b $1.2b $1.6b $1.6b $1.4b $1.1b $1.1b
Total 3M Company shareholders’ equity $10.3b $11.6b $9.8b $10.1b $12.9b $15.0b $14.7b $4.8b $3.8b $4.7b
Total equity $10.3b $11.6b $9.8b $10.1b $12.9b $15.1b $14.8b $4.9b $3.9b $4.7b
Assets $32.9b $38.0b $36.5b $44.7b $47.3b $47.1b $46.5b $50.6b $39.9b $37.7b
Total assets $32.9b $38.0b $36.5b $44.7b $47.3b $47.1b $46.5b $50.6b $39.9b $37.7b
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $1.8b $1.9b $2.3b $2.2b $2.6b $3.0b $3.2b $3.2b $2.7b $2.7b
Accrued payroll $678.0m $870.0m $749.0m $702.0m $747.0m $1.0b $692.0m $904.0m $712.0m $718.0m
Deferred Revenue, Current $551.0m $513.0m — — — — — — — —
Deferred Revenue, Noncurrent $15.0m $37.0m — — — — — — — —
Long-term Debt, Current Maturities $972.0m $1.9b $1.2b $2.8b $806.0m $1.3b $1.9b $1.2b $1.9b $1.7b
Long-term Debt, Excluding Current Maturities $10.7b $12.1b $13.4b $17.5b $18.0b $16.1b $14.0b $13.1b $11.1b $10.9b
Operating Lease, Liability, Current — — — $247.0m $256.0m $263.0m $261.0m $225.0m $163.0m $167.0m
Operating Lease, Liability, Noncurrent — — — $607.0m $609.0m $591.0m $580.0m $534.0m $405.0m $363.0m
Short-term borrowings and current portion of long-term debt $972.0m $1.9b $1.2b $2.8b $806.0m $1.3b $1.9b $2.9b $1.9b $1.7b
Liabilities, Current $6.2b $7.7b $7.2b $9.2b $7.9b $9.0b $9.5b $15.3b $11.3b $9.6b
Total current liabilities $6.2b $7.7b $7.2b $9.2b $7.9b $9.0b $9.5b $15.3b $11.3b $9.6b
Deferred Income Tax Liabilities, Net — — — $301.0m $333.0m $458.0m $559.0m $528.0m $354.0m —
Other Liabilities, Noncurrent $1.6b $3.0b $3.0b $3.3b $3.5b $3.4b $5.6b $14.3b $11.4b $10.8b
Pension and postretirement benefits $4.0b $3.6b $3.0b $3.9b $4.4b $2.9b $2.0b $2.5b $1.8b $1.6b
Liabilities $22.6b $26.4b $26.7b $34.5b $34.4b $32.0b $31.7b $45.7b $36.0b $33.0b
Total liabilities $22.6b $26.4b $26.7b $34.5b $34.4b $32.0b $31.7b $45.7b $36.0b $33.0b
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax ($7.2b) ($7.0b) ($6.9b) ($8.1b) ($7.7b) ($6.8b) ($6.7b) ($6.8b) ($5.7b) ($5.1b)
Accumulated other comprehensive income (loss) ($7.2b) ($7.0b) ($6.9b) ($8.1b) ($7.7b) ($6.8b) ($6.7b) ($6.8b) ($5.7b) ($5.1b)
Additional Paid in Capital, Common Stock $5.1b $5.4b $5.6b $5.9b $6.2b $6.4b $6.7b $7.0b $7.2b $7.4b
Common Stock, Value, Issued $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m
Common stock $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m
Retained Earnings (Accumulated Deficit) $37.9b $39.1b $40.6b $42.1b $43.8b $45.8b $48.0b $37.5b $36.8b $38.3b
Treasury stock, at cost ($25.4b) ($25.9b) ($29.6b) ($29.8b) ($29.4b) ($30.5b) ($33.3b) ($32.9b) ($34.5b) ($35.9b)
Stockholders' Equity Attributable to Parent $10.3b $11.6b $9.8b $10.1b $12.9b $15.0b $14.7b $4.8b $3.8b $4.7b
Noncontrolling interest $45.0m $59.0m $52.0m $63.0m $64.0m $71.0m $48.0m $61.0m $52.0m $45.0m
Stockholders' Equity Attributable to Noncontrolling Interest $45.0m $59.0m $52.0m $63.0m $64.0m $71.0m $48.0m $61.0m $52.0m $45.0m
Liabilities and Equity $32.9b $38.0b $36.5b $44.7b $47.3b $47.1b $46.5b $50.6b $39.9b $37.7b
Total liabilities and equity $32.9b $38.0b $36.5b $44.7b $47.3b $47.1b $46.5b $50.6b $39.9b $37.7b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.