Consolidated Balance Sheet - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 4,258	$ 3,655
Marketable securities — current	56	238
Accounts receivable — net of allowances of $160 and $174	4,947	4,532
Inventories
Finished goods	2,526	2,497
Work in process	1,527	1,606
Raw materials and supplies	1,227	1,269
Total inventories	5,280	5,372
Prepaids	674	435
Other current assets	539	456
Total current assets	15,754	14,688
Property, plant and equipment	26,459	25,998
Less: Accumulated depreciation	(17,248)	(16,820)
Property, plant and equipment — net	9,211	9,178
Operating lease right of use assets	812	829
Goodwill	12,869	12,790
Intangible assets — net	4,470	4,699
Other assets	5,764	4,271
Total assets	48,880	46,455
Current liabilities
Short-term borrowings and current portion of long-term debt	3,033	1,938
Accounts payable	3,231	3,183
Accrued payroll	785	692
Accrued income taxes	172	259
Operating lease liabilities — current	244	261
Other current liabilities	3,471	3,190
Total current liabilities	10,936	9,523
Long-term debt	12,954	14,001
Pension and postretirement benefits	1,912	1,966
Operating lease liabilities	570	580
Other liabilities	14,651	5,615
Total liabilities	41,023	31,685
Commitments and contingencies (Note 14)
3M Company shareholders’ equity:
Common stock	9	9
Additional paid-in capital	6,858	6,691
Retained earnings	40,290	47,950
Treasury stock, at cost:	(32,926)	(33,255)
Accumulated other comprehensive income (loss)	(6,433)	(6,673)
Total 3M Company shareholders’ equity	7,798	14,722
Noncontrolling interest	59	48
Total equity	7,857	14,770
Total liabilities and equity	$ 48,880	$ 46,455