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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets    
Cash and cash equivalents $ 2,219 $ 3,377
Marketable securities - current 1,461 1,101
Accounts receivable - net of allowances of $108 and $98 3,867 3,615
Inventories    
Finished goods 1,536 1,476
Work in process 1,061 950
Raw materials and supplies 819 729
Total inventories 3,416 3,155
Other current assets 1,277 967
Total current assets 12,240 12,215
Marketable securities - non-current 896 540
Investments 155 146
Property, plant and equipment 21,166 20,253
Less: Accumulated depreciation (13,500) (12,974)
Property, plant and equipment - net 7,666 7,279
Goodwill 7,047 6,820
Intangible assets - net 1,916 1,820
Prepaid pension benefits 40 74
Other assets 1,656 1,262
Total assets 31,616 30,156
Current liabilities    
Short-term borrowings and current portion of long-term debt 682 1,269
Accounts payable 1,643 1,662
Accrued payroll 676 778
Accrued income taxes 355 358
Other current liabilities 2,085 2,022
Total current liabilities 5,441 6,089
Long-term debt 4,484 4,183
Pension and postretirement benefits 3,972 2,013
Other liabilities 1,857 1,854
Total liabilities 15,754 14,139
Commitments and contingencies (Note 14)      
3M Company shareholders' equity:    
Common stock par value, $.01 par value, Shares outstanding - 2011: 694,970,041; Shares outstanding - 2010: 711,977,608 9 9
Additional paid-in capital 3,767 3,468
Retained earnings 28,348 25,995
Treasury stock (11,679) (10,266)
Accumulated other comprehensive income (loss) (5,025) (3,543)
Total 3M Company shareholders' equity 15,420 15,663
Noncontrolling interest 442 354
Total equity 15,862 16,017
Total liabilities and equity $ 31,616 $ 30,156