3M Company (NEO: MMMM)

3M Company Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 29, 2024	Dec 30, 2023	Dec 30, 2022	Dec 30, 2021	Dec 30, 2020	Dec 30, 2019
Cash & Equivalents	6,050	5,933	3,655	4,564	4,634	2,353
Short-Term Investments	1,245	53	238	201	404	98
Trading Asset Securities	-	-	-	-	7	-
Cash & Short-Term Investments	7,295	5,986	3,893	4,765	5,045	2,451
Cash Growth	39.94%	53.76%	-18.30%	-5.55%	105.83%	-24.19%
Accounts Receivable	3,528	4,750	4,532	4,660	4,705	4,791
Other Receivables	-	114	103	110	125	172
Receivables	3,528	4,864	4,635	4,770	4,830	4,963
Inventory	4,039	4,822	5,372	4,985	4,239	4,134
Prepaid Expenses	470	485	435	654	675	704
Other Current Assets	967	222	353	229	193	719
Total Current Assets	16,299	16,379	14,688	15,403	14,982	12,971
Property, Plant & Equipment	8,135	9,918	10,007	10,287	10,285	10,191
Long-Term Investments	-	244	967	262	214	213
Goodwill	6,395	12,927	12,790	13,486	13,802	13,444
Other Intangible Assets	1,242	4,226	4,699	5,288	5,835	6,379
Long-Term Deferred Tax Assets	-	4,918	959	581	871	521
Other Long-Term Assets	8,804	1,968	2,345	1,765	1,355	940
Total Assets	40,875	50,580	46,455	47,072	47,344	44,659
Accounts Payable	2,689	3,245	3,183	2,994	2,561	2,228
Accrued Expenses	703	2,261	1,991	2,374	1,957	1,839
Short-Term Debt	-	1,795	-	16	12	954
Current Portion of Long-Term Debt	1,870	1,152	1,938	1,291	794	1,841
Current Portion of Leases	168	225	261	270	278	268
Current Income Taxes Payable	473	365	259	260	300	194
Current Unearned Revenue	-	572	538	529	498	430
Other Current Liabilities	5,488	5,682	1,353	1,301	1,548	1,468
Total Current Liabilities	11,391	15,297	9,523	9,035	7,948	9,222
Long-Term Debt	11,387	13,176	14,103	16,056	17,989	17,518
Long-Term Leases	443	594	655	684	702	718
Long-Term Deferred Tax Liabilities	-	528	559	458	333	301
Other Long-Term Liabilities	11,244	13,314	4,493	2,452	2,626	2,551
Total Liabilities	36,181	45,712	31,685	31,955	34,413	34,533
Common Stock	9	9	9	9	9	9
Additional Paid-In Capital	7,182	6,956	6,691	6,429	6,162	5,907
Retained Earnings	36,459	37,479	47,950	45,821	43,821	42,135
Treasury Stock	-33,784	-32,859	-33,255	-30,463	-29,404	-29,849
Comprehensive Income & Other	-5,224	-6,778	-6,673	-6,750	-7,721	-8,139
Total Common Equity	4,642	4,807	14,722	15,046	12,867	10,063
Minority Interest	52	61	48	71	64	63
Shareholders' Equity	4,694	4,868	14,770	15,117	12,931	10,126
Total Liabilities & Equity	40,875	50,580	46,455	47,072	47,344	44,659
Total Debt	13,868	16,942	16,957	18,317	19,775	21,299
Net Cash (Debt)	-6,573	-10,956	-13,064	-13,552	-14,730	-18,848
Net Cash Per Share	-11.85	-19.78	-23.02	-23.15	-25.30	-32.21
Filing Date Shares Outstanding	544.56	552.7	550.5	571.1	579.1	575.6
Total Common Shares Outstanding	544.56	552.58	549.25	571.85	577.75	575.18
Working Capital	4,908	1,082	5,165	6,368	7,034	3,749
Book Value Per Share	8.52	8.70	26.80	26.31	22.27	17.50
Tangible Book Value	-2,995	-12,346	-2,767	-3,728	-6,770	-9,760
Tangible Book Value Per Share	-5.50	-22.34	-5.04	-6.52	-11.72	-16.97
Land	-	255	255	312	338	351
Buildings	-	7,908	7,560	8,086	8,021	7,877
Machinery	-	16,855	16,455	17,305	16,866	16,586
Construction In Progress	-	1,852	1,728	1,510	1,425	1,310

Source: S&P Capital IQ. Standard template. Financial Sources.