|
Consolidated Balance Sheet (USD $) In Millions, unless otherwise specified
|
Mar. 31, 2015
|
Dec. 31, 2014
|
| Current assets |
|
|
| Cash and cash equivalents |
$ 1,791 |
$ 1,897 |
| Marketable securities - current |
1,018 |
626 |
| Accounts receivable - net |
4,408 |
4,238 |
| Inventories |
|
|
| Finished goods |
1,713 |
1,723 |
| Work in process |
1,116 |
1,081 |
| Raw materials and supplies |
875 |
902 |
| Total inventories |
3,704 |
3,706 |
| Other current assets |
1,597 |
1,298 |
| Total current assets |
12,518 |
11,765 |
| Marketable securities - non-current |
13 |
828 |
| Investments |
102 |
102 |
| Property, plant and equipment |
22,473 |
22,841 |
| Less: Accumulated depreciation |
(14,187) |
(14,352) |
| Property, plant and equipment - net |
8,286 |
8,489 |
| Goodwill |
6,934 |
7,050 |
| Intangible assets - net |
1,396 |
1,435 |
| Prepaid pension benefits |
56 |
46 |
| Other assets |
1,338 |
1,554 |
| Total assets |
30,643 |
31,269 |
| Current liabilities |
|
|
| Short-term borrowings and current portion of long-term debt |
132 |
106 |
| Accounts payable |
1,801 |
1,807 |
| Accrued payroll |
446 |
732 |
| Accrued income taxes |
464 |
435 |
| Other current liabilities |
2,239 |
2,918 |
| Total current liabilities |
5,082 |
5,998 |
| Long-term debt |
6,459 |
6,731 |
| Pension and postretirement benefits |
3,764 |
3,843 |
| Other liabilities |
1,386 |
1,555 |
| Total liabilities |
16,691 |
18,127 |
| Commitments and contingencies (Note 10) |
|
|
| 3M Company shareholders' equity: |
|
|
| Common stock par value, $.01 par value, 944,033,056 shared issued |
9 |
9 |
| Additional paid-in capital |
4,607 |
4,379 |
| Retained earnings |
35,080 |
34,317 |
| Treasury stock, at cost: 309,692,081 shares at March 31, 2015; 308,898,462 shares at December 31, 2014 |
(19,458) |
(19,307) |
| Accumulated other comprehensive income (loss) |
(6,321) |
(6,289) |
| Total 3M Company shareholders' equity |
13,917 |
13,109 |
| Noncontrolling interest |
35 |
33 |
| Total equity |
13,952 |
13,142 |
| Total liabilities and equity |
$ 30,643 |
$ 31,269 |