← 3M CO

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $5.0b $4.9b $5.3b $4.6b $5.4b $5.9b $5.8b ($7.0b) $4.2b $3.2b
Net income (loss) including noncontrolling interest $5.1b $4.9b $5.4b $4.6b $5.4b $5.9b $5.8b ($7.0b) $4.2b $3.3b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — $4.0b $3.2b
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $5.1b $4.9b $5.4b $4.6b $5.4b $5.9b $5.8b ($7.0b) $4.0b $3.2b
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — — $164.0m $0
Net Income (Loss) Attributable to Noncontrolling Interest $8.0m $11.0m $14.0m $12.0m $4.0m $8.0m $14.0m $16.0m $15.0m $12.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $5.1b $4.9b $5.4b $4.6b $5.4b $5.9b $5.8b ($7.0b) $4.2b $3.3b
Amortization of Intangible Assets $262.0m $238.0m $249.0m $341.0m $537.0m $529.0m $498.0m $482.0m $108.0m $104.0m
Depreciation, Depletion and Amortization $1.5b $1.5b $1.5b $1.6b $1.9b $1.9b $1.8b $2.0b $1.4b $1.3b
Deferred Income Tax Expense (Benefit) $7.0m $107.0m ($57.0m) ($273.0m) ($165.0m) ($166.0m) ($663.0m) ($3.9b) $321.0m $418.0m
Deferred income taxes $7.0m $107.0m ($57.0m) ($273.0m) ($165.0m) ($166.0m) ($663.0m) ($3.9b) $321.0m $418.0m
Goodwill, Impairment Loss $0 $0 — $0 — — $271.0m $0 $0 —
Share-based Payment Arrangement, Expense $298.0m $324.0m $302.0m $278.0m $262.0m $274.0m $263.0m $274.0m $268.0m $225.0m
Share-based Payment Arrangement, Noncash Expense $298.0m $324.0m $302.0m $278.0m $262.0m $274.0m $263.0m $274.0m $289.0m $225.0m
Gain (Loss) on Disposition of Business ($111.0m) $586.0m $547.0m $114.0m $389.0m $0 $2.7b $36.0m $0 ($162.0m)
Income (Loss) from Equity Method Investments — — — — ($5.0m) $10.0m $11.0m — — —
Income Tax Expense (Benefit) $2.0b $2.7b $1.6b $1.1b $1.3b $1.3b $612.0m ($2.7b) $804.0m $1.0b
Interest Expense Nonoperating — — — — — — — — $1.2b $946.0m
Loss (gain) on business divestitures ($111.0m) ($586.0m) — — ($389.0m) $0 ($2.7b) ($36.0m) $0 $162.0m
Operating Lease, Lease Income — — — — $586.0m $582.0m $577.0m $590.0m — —
Changes in operating assets and liabilities:
Additional Financial Items
Accounts payable $148.0m $24.0m $408.0m ($117.0m) $252.0m $518.0m $111.0m $138.0m $46.0m $21.0m
Accounts receivable ($313.0m) ($245.0m) ($305.0m) $345.0m $165.0m ($122.0m) ($105.0m) ($170.0m) $114.0m ($211.0m)
Cash transferred to Solventum related to separation, net — — — — — — $0 $0 ($621.0m) $0
Change in short-term debt — net ($797.0m) $578.0m ($284.0m) ($316.0m) ($143.0m) ($2.0m) $340.0m $205.0m ($205.0m) $0
Company pension and postretirement contributions ($383.0m) ($967.0m) ($370.0m) ($210.0m) ($156.0m) ($180.0m) ($158.0m) ($152.0m) ($154.0m) ($145.0m)
Company pension and postretirement expense $251.0m $333.0m $410.0m $357.0m $406.0m $206.0m $178.0m $145.0m $1.0b $272.0m
Deconsolidation, Gain (Loss), Amount — — — ($162.0m) — $0 — — — —
Foreign Currency Transaction Gain (Loss), before Tax ($69.0m) ($152.0m) ($92.0m) $201.0m ($21.0m) ($105.0m) $127.0m ($40.0m) ($34.0m) ($59.0m)
Goodwill $9.2b $10.5b $10.1b $13.4b $13.8b $13.5b $12.8b $12.9b $6.3b $6.4b
Increase (Decrease) in Accounts Payable $148.0m $24.0m $408.0m ($117.0m) $252.0m $518.0m $111.0m $138.0m $46.0m $21.0m
Increase (Decrease) in Accounts Receivable — — — — — $122.0m $105.0m $170.0m ($114.0m) $211.0m
Increase (Decrease) in Inventories ($57.0m) $387.0m $509.0m ($370.0m) $91.0m $903.0m $629.0m ($567.0m) ($41.0m) ($139.0m)
Inventories $57.0m ($387.0m) ($509.0m) $370.0m ($91.0m) ($903.0m) ($629.0m) $567.0m $41.0m $139.0m
Investment Income, Interest $29.0m — — — — — — — — —
Nonoperating Income (Expense) ($170.0m) ($144.0m) ($207.0m) ($462.0m) ($450.0m) ($165.0m) ($147.0m) ($560.0m) ($3.0m) ($416.0m)
Other — net ($36.0m) $257.0m $120.0m ($111.0m) $398.0m ($20.0m) ($60.0m) ($21.0m) ($96.0m) ($49.0m)
Proceeds from issuance of treasury stock pursuant to stock option and benefit plans $804.0m $734.0m $485.0m $547.0m $429.0m $639.0m $381.0m $264.0m $92.0m $1.6b
Proceeds from sale of PP&E and other assets $58.0m $49.0m $262.0m $123.0m $128.0m $51.0m $200.0m $119.0m $61.0m $95.0m
Proceeds from sale of businesses, net of cash sold $142.0m $1.1b $846.0m $236.0m $576.0m $0 $13.0m $60.0m $0 $5.0m
Purchases of treasury stock ($3.8b) ($2.1b) ($4.9b) ($1.4b) ($368.0m) ($2.2b) ($1.5b) ($33.0m) ($1.8b) ($3.3b)
Stock-based compensation expense $298.0m $324.0m $302.0m $278.0m $262.0m $274.0m $263.0m $274.0m $289.0m $225.0m
Unrealized Gain (Loss) on Investments — — — — — — — — $1.6b $1.5b
Net Cash Provided by (Used in) Operating Activities $6.7b $6.2b $6.4b $7.1b $8.1b $7.5b $5.6b $6.7b $1.8b $2.3b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.4b $1.4b $1.6b $1.7b $1.5b $1.6b $1.7b $1.6b $1.2b $910.0m
Payments to Acquire Businesses, Net of Cash Acquired $16.0m $2.0b ($13.0m) $5.0b $25.0m $0 $0 — — —
Payments to Acquire Investments $1.4b $2.2b $1.8b $1.6b $1.6b $2.2b $1.2b $1.5b $4.2b $1.3b
Purchases of marketable securities and investments ($1.4b) ($2.2b) ($1.8b) ($1.6b) ($1.6b) ($2.2b) ($1.2b) ($1.5b) ($4.2b) ($1.3b)
Proceeds from maturities and sale of marketable securities and investments $1.2b $1.4b $2.5b $1.4b $1.8b $2.4b $1.3b $1.7b $2.1b $3.5b
Payments for (Proceeds from) Other Investing Activities $4.0m $6.0m ($9.0m) ($72.0m) ($10.0m) ($31.0m) ($1.0m) ($35.0m) $7.0m $3.0m
Net Cash Provided by (Used in) Investing Activities ($1.4b) ($3.1b) $222.0m ($6.4b) ($580.0m) ($1.3b) ($1.0b) ($1.2b) ($3.2b) $1.4b
Cash flows from financing activities:
Proceeds from debt (maturities greater than 90 days) $2.8b $2.0b $2.3b $6.3b $1.8b $1.0m $1.0m $2.8b $8.4b $1.1b
Repayment of debt (maturities greater than 90 days) ($992.0m) ($962.0m) ($1.0b) ($2.7b) ($3.5b) ($1.1b) ($1.2b) ($3.1b) ($2.7b) ($1.8b)
Payments for Repurchase of Common Stock $3.8b $2.1b $4.9b $1.4b $368.0m $2.2b $1.5b $33.0m $1.8b $3.3b
Payments of Ordinary Dividends, Common Stock $2.7b $2.8b $3.2b $3.3b $3.4b $3.4b $3.4b $3.3b $2.0b $1.6b
Dividends paid to shareholders ($3k) ($3k) ($3k) ($3k) ($3k) ($3k) ($3k) ($3k) ($2k) ($2k)
Proceeds from (Payments for) Other Financing Activities ($42.0m) ($121.0m) ($56.0m) ($197.0m) ($98.0m) ($20.0m) ($60.0m) ($21.0m) ($96.0m) ($49.0m)
Net Cash Provided by (Used in) Financing Activities ($4.6b) ($2.7b) ($6.7b) ($1.1b) ($5.3b) ($6.1b) ($5.3b) ($3.1b) $1.1b ($4.0b)
Effect of exchange rate changes on cash and cash equivalents ($33.0m) $156.0m ($160.0m) ($2.0m) $48.0m ($62.0m) ($104.0m) ($48.0m) ($44.0m) $41.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($33.0m) $655.0m ($200.0m) ($500.0m) $2.3b ($70.0m) ($909.0m) $2.3b ($333.0m) ($365.0m)
Less: net increase (decrease) in cash classified within assets held for sale — — — — — — — $0 $0 $46.0m
Net increase (decrease) in cash and cash equivalents $600.0m $655.0m ($200.0m) ($500.0m) $2.3b ($70.0m) ($909.0m) $2.3b ($333.0m) ($365.0m)
Net increase (decrease) in cash and cash equivalents, including cash classified within assets held for sale — — — — — — — $2.3b ($333.0m) ($319.0m)
Cash and cash equivalents at beginning of year $1.8b $3.1b $2.9b $2.9b $2.4b $4.6b $4.6b $5.9b $5.6b $5.2b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $3.1b $2.9b — — — — $5.9b $5.6b $5.2b
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $214.0m $328.0m $370.0m $524.0m $472.0m $440.0m $520.0m $505.0m $467.0m
Income Taxes Paid, Net $1.9b $1.6b $1.6b $1.2b $1.4b $1.7b $1.3b $1.4b $852.0m $800.0m

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.