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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 2,332 $ 2,219
Marketable securities - current 1,399 1,461
Accounts receivable - net 4,323 3,867
Inventories    
Finished goods 1,609 1,536
Work in process 1,112 1,061
Raw materials and supplies 840 819
Total inventories 3,561 3,416
Other current assets 1,238 1,277
Total current assets 12,853 12,240
Marketable securities - non-current 763 896
Investments 160 155
Property, plant and equipment 21,484 21,166
Less: Accumulated depreciation (13,729) (13,500)
Property, plant and equipment - net 7,755 7,666
Goodwill 7,090 7,047
Intangible assets - net 1,865 1,916
Prepaid pension benefits 43 40
Other assets 1,486 1,656
Total assets 32,015 31,616
Current liabilities    
Short-term borrowings and current portion of long-term debt 664 682
Accounts payable 1,779 1,643
Accrued payroll 473 676
Accrued income taxes 423 355
Other current liabilities 2,069 2,085
Total current liabilities 5,408 5,441
Long-term debt 4,510 4,484
Pension and postretirement benefits 3,686 3,972
Other liabilities 1,792 1,857
Total liabilities 15,396 15,754
Commitments and contingencies (Note 10)      
3M Company shareholders' equity:    
Common stock par value, $.01 par value, 944,033,056 shares issued 9 9
Additional paid-in capital 3,894 3,767
Retained earnings 28,858 28,348
Treasury stock, at cost: 250,161,008 shares at March 31, 2012; 249,063,015 shares at Dec. 31, 2011 (11,794) (11,679)
Accumulated other comprehensive income (loss) (4,785) (5,025)
Total 3M Company shareholders' equity 16,182 15,420
Noncontrolling interest 437 442
Total equity 16,619 15,862
Total liabilities and equity $ 32,015 $ 31,616