3M CO
For the period ended Mar 31, 2024. Filed Apr 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 30, 2024
MMM$188.63+1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheet
| (Dollars in millions, except per share amount) | March 31, 2024 | December 31, 2023 |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $10,911 | $5,933 |
| Marketable securities — current | 60 | 53 |
| Accounts receivable — net of allowances of $133 and $141 | 4,750 | 4,750 |
| Inventories | ||
| Finished goods | 2,372 | 2,293 |
| Work in process | 1,388 | 1,424 |
| Raw materials and supplies | 1,137 | 1,105 |
| Total inventories | 4,897 | 4,822 |
| Prepaids | 655 | 485 |
| Other current assets | 340 | 336 |
| Total current assets | 21,613 | 16,379 |
| Property, plant and equipment | 26,675 | 26,870 |
| Less: Accumulated depreciation | (17,603) | (17,711) |
| Property, plant and equipment — net | 9,072 | 9,159 |
| Operating lease right of use assets | 744 | 759 |
| Goodwill | 12,809 | 12,927 |
| Intangible assets — net | 4,105 | 4,226 |
| Other assets | 6,900 | 7,130 |
| Total assets | $55,243 | $50,580 |
| Liabilities | ||
| Current liabilities | ||
| Short-term borrowings and current portion of long-term debt | $820 | $2,947 |
| Accounts payable | 3,372 | 3,245 |
| Accrued payroll | 607 | 904 |
| Accrued income taxes | 383 | 365 |
| Operating lease liabilities — current | 227 | 225 |
| Other current liabilities | 7,747 | 7,611 |
| Total current liabilities | 13,156 | 15,297 |
| Long-term debt | 20,593 | 13,088 |
| Pension and postretirement benefits | 2,320 | 2,471 |
| Operating lease liabilities | 517 | 534 |
| Other liabilities | 13,724 | 14,322 |
| Total liabilities | 50,310 | 45,712 |
| Commitments and contingencies (Note 16) | ||
| Equity | ||
| 3M Company shareholders’ equity: | ||
| Common stock par value, $.01 par value; 944,033,056 shares issued | 9 | 9 |
| Additional paid-in capital | 6,973 | 6,956 |
| Retained earnings | 37,472 | 37,479 |
| Treasury stock, at cost: | (32,762) | (32,859) |
| Accumulated other comprehensive income (loss) | (6,826) | (6,778) |
| Total 3M Company shareholders’ equity | 4,866 | 4,807 |
| Noncontrolling interest | 67 | 61 |
| Total equity | 4,933 | 4,868 |
| Total liabilities and equity | $55,243 | $50,580 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.