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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 3,308 $ 2,219
Marketable securities - current 1,595 1,461
Accounts receivable - net 4,364 3,867
Inventories    
Finished goods 1,688 1,536
Work in process 1,095 1,061
Raw materials and supplies 873 819
Total inventories 3,656 3,416
Other current assets 1,165 1,277
Total current assets 14,088 12,240
Marketable securities - non-current 1,031 896
Investments 152 155
Property, plant and equipment 21,443 21,166
Less: Accumulated depreciation (13,737) (13,500)
Property, plant and equipment - net 7,706 7,666
Goodwill 7,069 7,047
Intangible assets - net 1,842 1,916
Prepaid pension benefits 45 40
Other assets 1,406 1,656
Total assets 33,339 31,616
Current liabilities    
Short-term borrowings and current portion of long-term debt 650 682
Accounts payable 1,792 1,643
Accrued payroll 593 676
Accrued income taxes 440 355
Other current liabilities 2,232 2,085
Total current liabilities 5,707 5,441
Long-term debt 5,657 4,484
Pension and postretirement benefits 3,355 3,972
Other liabilities 1,747 1,857
Total liabilities 16,466 15,754
Commitments and contingencies (Note 11)      
3M Company shareholders' equity:    
Common stock par value, $.01 par value, 944,033,056 shares issued 9 9
Additional paid-in capital 3,954 3,767
Retained earnings 29,465 28,348
Treasury stock, at cost: 252,713,593 shares at June 30, 2012; 249,063,015 shares at December 31, 2011 (12,010) (11,679)
Accumulated other comprehensive income (loss) (5,012) (5,025)
Total 3M Company shareholders' equity 16,406 15,420
Noncontrolling interest 467 442
Total equity 16,873 15,862
Total liabilities and equity $ 33,339 $ 31,616