3M COMPANY (MMM) FY2024 Annual Balance Sheet

Income StatementCash FlowBalance Sheet

Balance Sheet

As of 2024-12-31

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3M COMPANY (MMM) FY2024 Annual Balance SheetBalance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.Current liabilities$11.26 BLiabilities$35.97 BCurrent assets$15.88 BNon-current liabilities$24.72 BAssets$39.87 BEquity$3.89 BGross equity(calculated)$44.09 BNon-current assets$23.98 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSCash and cash equivalentsAccounts receivable — net of allowances of $60 and $62Marketable securities — currentFinished goodsWork in processOther current assetsRaw materials and suppliesPrepaidsOther assetsProperty, plant and equipment — netGoodwillIntangible assets — netOperating lease right of use assetsOther current liabilitiesAccounts payableShort-term borrowings and current portion of long-term debtAccrued payrollAccrued income taxesOperating lease liabilities — currentOther liabilitiesLong-term debtPension and postretirement benefitsOperating lease liabilitiesRetained earningsAdditional paid-in capitalCommon stockNoncontrolling interestCurrent assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityGross equity (calculated)Treasury stock, at cost:Accumulated other comprehensive income (loss)Other current liabilitiesOther current liabilities$5.47 BCurrent liabilitiesCurrent liabilities$11.26 BAccounts payableAccounts payable$2.66 BShort-term borrowings and current portion of long-term debtShort-term borrowings andcurrent portion of long-term debt$1.92 BLiabilitiesLiabilities$35.97 BAccrued payrollAccrued payroll$712.00 MCash and cash equivalentsCash and cash equivalents$5.60 BAccrued income taxesAccrued income taxes$331.00 MAccounts receivable — net of allowances of $60 and $62Accounts receivable — net of allowances of $60 and $62$3.19 BOperating lease liabilities — currentOperating lease liabilities — current$163.00 MCurrent assetsCurrent assets$15.88 BMarketable securities — currentMarketable securities — current$2.13 BNon-current liabilitiesNon-current liabilities$24.72 BAssetsAssets$39.87 BOther liabilitiesOther liabilities$11.38 BFinished goodsFinished goods$1.85 BWork in processWork in process$1.05 BLong-term debtLong-term debt$11.13 BOther current assetsOther current assets$828.00 MRaw materials and suppliesRaw materials and supplies$798.00 MPension and postretirement benefitsPension and postretirement benefits$1.81 BEquityEquity$3.89 BPrepaidsPrepaids$436.00 MOperating lease liabilitiesOperating lease liabilities$405.00 MGross equity (calculated)Gross equity(calculated)$44.09 BNon-current assetsNon-current assets$23.98 BOther assetsOther assets$8.54 BProperty, plant and equipment — netProperty, plant and equipment — net$7.39 BRetained earningsRetained earnings$36.80 BGoodwillGoodwill$6.28 BIntangible assets — netIntangible assets — net$1.21 BOperating lease right of use assetsOperating lease right of use assets$565.00 MAdditional paid-in capitalAdditional paid-in capital$7.23 BCommon stockCommon stock$9.00 MNoncontrolling interestNoncontrolling interest$52.00 MTreasury stock, at cost:Treasury stock, at cost:−$34.46 BAccumulated other comprehensive income (loss)Accumulated other comprehensive income (loss)−$5.73 B
Chart details

3M COMPANY (MMM) FY2024 Annual Balance Sheet

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

Assets
39,868,000,000 US dollars
Current assets
15,884,000,000 US dollars
Non-current assets
23,984,000,000 US dollars
Liabilities
35,974,000,000 US dollars
Current liabilities
11,256,000,000 US dollars
Non-current liabilities
24,718,000,000 US dollars
Equity
3,894,000,000 US dollars
Noncontrolling interest
52,000,000 US dollars. Included in consolidated equity; this amount is not added again.
Property, plant and equipment
23,406,000,000 US dollars. Part of Property, plant and equipment — net, drawn as one net amount.
Less: Accumulated depreciation
negative 16,018,000,000 US dollars. Part of Property, plant and equipment — net, drawn as one net amount.
Cash and cash equivalents
5,600,000,000 US dollars
Accounts receivable — net of allowances of $60 and $62
3,194,000,000 US dollars
Marketable securities — current
2,128,000,000 US dollars
Finished goods
1,849,000,000 US dollars
Work in process
1,051,000,000 US dollars
Other current assets
828,000,000 US dollars
Raw materials and supplies
798,000,000 US dollars
Prepaids
436,000,000 US dollars
Current assets of discontinued operations
0 US dollars
Other assets
8,540,000,000 US dollars
Property, plant and equipment — net
7,388,000,000 US dollars
Goodwill
6,281,000,000 US dollars
Intangible assets — net
1,210,000,000 US dollars
Operating lease right of use assets
565,000,000 US dollars
Non-current assets of discontinued operations
0 US dollars
Other current liabilities
5,471,000,000 US dollars
Accounts payable
2,660,000,000 US dollars
Short-term borrowings and current portion of long-term debt
1,919,000,000 US dollars
Accrued payroll
712,000,000 US dollars
Accrued income taxes
331,000,000 US dollars
Operating lease liabilities — current
163,000,000 US dollars
Current liabilities of discontinued operations
0 US dollars
Other liabilities
11,375,000,000 US dollars
Long-term debt
11,125,000,000 US dollars
Pension and postretirement benefits
1,813,000,000 US dollars
Operating lease liabilities
405,000,000 US dollars
Non-current liabilities of discontinued operations
0 US dollars
Retained earnings
36,797,000,000 US dollars
Additional paid-in capital
7,229,000,000 US dollars
Common stock
9,000,000 US dollars
Noncontrolling interest
52,000,000 US dollars
Treasury stock, at cost:
negative 34,462,000,000 US dollars
Accumulated other comprehensive income (loss)
negative 5,731,000,000 US dollars
Gross equity (calculated)
44,087,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

  • Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
  • Treasury shares and other negative equity contributions reduce equity.
3M COMPANY (MMM) FY2024 Annual Balance Sheet Sankey chart
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