Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 5,933	$ 3,655
Marketable securities — current	53	238
Accounts receivable — net of allowances of $141 and $174	4,750	4,532
Inventories
Finished goods	2,293	2,497
Work in process	1,424	1,606
Raw materials and supplies	1,105	1,269
Total inventories	4,822	5,372
Prepaids	485	435
Other current assets	336	456
Total current assets	16,379	14,688
Property, plant and equipment	26,870	25,998
Less: Accumulated depreciation	(17,711)	(16,820)
Property, plant and equipment — net	9,159	9,178
Operating lease right of use assets	759	829
Goodwill	12,927	12,790
Intangible assets — net	4,226	4,699
Other assets	7,130	4,271
Total assets	50,580	46,455
Current liabilities
Short-term borrowings and current portion of long-term debt	2,947	1,938
Accounts payable	3,245	3,183
Accrued payroll	904	692
Accrued income taxes	365	259
Operating lease liabilities — current	225	261
Other current liabilities	7,611	3,190
Total current liabilities	15,297	9,523
Long-term debt	13,088	14,001
Pension and postretirement benefits	2,471	1,966
Long-term obligations	534	580
Other liabilities	14,322	5,615
Total liabilities	45,712	31,685
Commitments and contingencies
3M Company shareholders’ equity:
Common stock	9	9
Additional paid-in capital	6,956	6,691
Retained earnings	37,479	47,950
Treasury stock, at cost:	(32,859)	(33,255)
Accumulated other comprehensive income (loss)	(6,778)	(6,673)
Total 3M Company shareholders’ equity	4,807	14,722
Noncontrolling interest	61	48
Total equity	4,868	14,770
Total liabilities and equity	$ 50,580	$ 46,455