3M Co

Common Name

Country

United States

Sector

Industrials

Industry

Conglomerates

Employees

61,500

Ticker

MMM

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.3m.com

Description

3M Company, often recognized for its innovative approach, is a diversified technology corporation that caters to various consumer and industrial needs across the globe. With a robust presence in multi... Show more

Financial Statements of 3M

Below are the financial statements of 3M, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	5,600^a	5,735^a
Marketable securities - current	2,128^a	50^a
Accounts receivable - net	3,194^a	3,601^a
Inventories	—	—
Finished goods	1,849^a	1,842^a
Work in process	1,051^a	1,242^a
Raw materials and supplies	798^a	860^a
Total inventories	3,698^a	3,944^a
Prepaids	436^a	344^a
Other current assets	828^a	326^a
Current assets of discontinued operations	0^a	2,379^a
Assets	—	—
Total current assets	15,884^a	16,379^a
Property, plant and equipment	23,406^a	23,494^a
Less: Accumulated depreciation	-16,018^a	-15,804^a
Property, plant and equipment - net	7,388^a	7,690^a
Operating lease right of use assets	565^a	657^a
Goodwill	6,281^a	6,382^a
Intangible assets - net	1,210^a	1,323^a
Other assets	8,540^a	6,806^a
Non-current assets of discontinued operations	0^a	11,343^a
Total assets	39,868^a	50,580^a
Current liabilities	—	—
Short-term borrowings and current portion of long-term debt	1,919^a	2,947^a
Accounts payable	2,660^a	2,776^a
Accrued payroll	712^a	695^a
Accrued income taxes	331^a	304^a
Operating lease liabilities - current	163^a	192^a
Other current liabilities	5,471^a	6,660^a
Current liabilities of discontinued operations	0^a	1,723^a
Liabilities	—	—
Total current liabilities	11,256^a	15,297^a
Long-term debt	11,125^a	13,088^a
Pension and postretirement benefits	1,813^a	2,156^a
Operating lease liabilities	405^a	464^a
Other liabilities	11,375^a	14,021^a
Non-current liabilities of discontinued operations	0^a	686^a
Total liabilities	35,974^a	45,712^a
3M Company shareholders’ equity	—	—
Common stock	9^a	9^a
Additional paid-in capital	7,229^a	6,956^a
Retained earnings	36,797^a	37,479^a
Treasury stock, at cost	-34,462^a	-32,859^a
Accumulated other comprehensive income (loss)	-5,731^a	-6,778^a
Equity	—	—
Total 3M Company shareholders’ equity	3,842^a	4,807^a
Noncontrolling interest	52^a	61^a
Total equity	3,894^a	4,868^a
Total liabilities and equity	39,868^a	50,580^a

Verified Sources Behind 3M’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore 3M’s data sources below and access millions more through our Disclosure Search.

a. 3M's Annual Report 2024

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3M Co

Financial Statements of 3M

Verified Sources Behind 3M’s Financial Fundamentals Data

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