3M Company (MMM)

3M Company Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5,600	5,735	3,655	4,564	4,634
Short-Term Investments	2,128	50	238	201	404
Trading Asset Securities	-	-	-	-	7
Cash & Short-Term Investments	7,728	5,785	3,893	4,765	5,045
Cash Growth	33.59%	48.60%	-18.30%	-5.55%	105.83%
Accounts Receivable	3,194	3,601	4,532	4,660	4,705
Other Receivables	78	109	103	110	125
Receivables	3,272	3,710	4,635	4,770	4,830
Inventory	3,698	3,944	5,372	4,985	4,239
Prepaid Expenses	436	344	435	654	675
Other Current Assets	750	2,596	353	229	193
Total Current Assets	15,884	16,379	14,688	15,403	14,982
Property, Plant & Equipment	7,953	8,347	10,007	10,287	10,285
Long-Term Investments	2,505	210	967	262	214
Goodwill	6,281	6,382	12,790	13,486	13,802
Other Intangible Assets	1,210	1,323	4,699	5,288	5,835
Long-Term Deferred Tax Assets	4,146	4,779	959	581	871
Other Long-Term Assets	1,889	13,160	2,345	1,765	1,355
Total Assets	39,868	50,580	46,455	47,072	47,344
Accounts Payable	2,660	2,776	3,183	2,994	2,561
Accrued Expenses	1,759	1,745	1,991	2,374	1,957
Short-Term Debt	-	1,795	-	16	12
Current Portion of Long-Term Debt	1,919	1,152	1,938	1,291	794
Current Portion of Leases	163	192	261	270	278
Current Income Taxes Payable	331	304	259	260	300
Current Unearned Revenue	15	23	538	529	498
Other Current Liabilities	4,409	7,310	1,353	1,301	1,548
Total Current Liabilities	11,256	15,297	9,523	9,035	7,948
Long-Term Debt	11,125	13,088	14,103	16,056	17,989
Long-Term Leases	452	524	655	684	702
Long-Term Deferred Tax Liabilities	354	315	559	458	333
Other Long-Term Liabilities	10,652	14,010	4,493	2,452	2,626
Total Liabilities	35,974	45,712	31,685	31,955	34,413
Common Stock	9	9	9	9	9
Additional Paid-In Capital	7,229	6,956	6,691	6,429	6,162
Retained Earnings	36,797	37,479	47,950	45,821	43,821
Treasury Stock	-34,462	-32,859	-33,255	-30,463	-29,404
Comprehensive Income & Other	-5,731	-6,778	-6,673	-6,750	-7,721
Total Common Equity	3,842	4,807	14,722	15,046	12,867
Minority Interest	52	61	48	71	64
Shareholders' Equity	3,894	4,868	14,770	15,117	12,931
Total Liabilities & Equity	39,868	50,580	46,455	47,072	47,344
Total Debt	13,659	16,751	16,957	18,317	19,775
Net Cash (Debt)	-5,931	-10,966	-13,064	-13,552	-14,730
Net Cash Per Share	-10.74	-19.80	-23.02	-23.15	-25.30
Filing Date Shares Outstanding	542.9	552.7	550.5	571.1	579.1
Total Common Shares Outstanding	539.47	552.58	549.25	571.85	577.75
Working Capital	4,628	1,082	5,165	6,368	7,034
Book Value Per Share	7.12	8.70	26.80	26.31	22.27
Tangible Book Value	-3,649	-2,898	-2,767	-3,728	-6,770
Tangible Book Value Per Share	-6.76	-5.24	-5.04	-6.52	-11.72
Land	200	215	255	312	338
Buildings	7,432	7,031	7,560	8,086	8,021
Machinery	14,780	14,716	16,455	17,305	16,866
Construction In Progress	994	1,532	1,728	1,510	1,425

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