Consolidated Balance Sheet - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 3,247	$ 4,564
Marketable securities — current	112	201
Accounts receivable — net of allowances of $209 and $189	4,815	4,660
Inventories
Finished goods	2,337	2,196
Work in process	1,669	1,577
Raw materials and supplies	1,284	1,212
Total inventories	5,290	4,985
Prepaids	561	654
Other current assets	427	339
Total current assets	14,452	15,403
Property, plant and equipment	27,157	27,213
Less: Accumulated depreciation	(17,768)	(17,784)
Property, plant and equipment — net	9,389	9,429
Operating lease right of use assets	865	858
Goodwill	13,368	13,486
Intangible assets — net	5,141	5,288
Other assets	2,640	2,608
Total assets	45,855	47,072
Current liabilities
Short-term borrowings and current portion of long-term debt	1,877	1,307
Accounts payable	3,164	2,994
Accrued payroll	638	1,020
Accrued income taxes	274	260
Operating lease liabilities — current	261	263
Other current liabilities	2,938	3,191
Total current liabilities	9,152	9,035
Long-term debt	14,801	16,056
Pension and postretirement benefits	2,792	2,870
Operating lease liabilities	608	591
Other liabilities	3,498	3,403
Total liabilities	30,851	31,955
Commitments and contingencies
3M Company shareholders’ equity:
Common stock par value, $.01 par value: 944,033,056 shares issued; Shares outstanding - March 31, 2022: - ; Shares outstanding - December 31, 2021: 571,845,478	9	9
Additional paid-in capital	6,559	6,429
Retained earnings	46,056	45,821
Treasury stock, at cost: Shares at September 30, 2021: 367,780,253; Shares at December 31, 2020: 366,283,418	(30,860)	(30,463)
Accumulated other comprehensive income (loss)	(6,834)	(6,750)
Total 3M Company shareholders’ equity	14,930	15,046
Noncontrolling interest	74	71
Total equity	15,004	15,117
Total liabilities and equity	$ 45,855	$ 47,072