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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 1,337 $ 1,798
Marketable securities - current 176 118
Accounts receivable - net 4,485 4,154
Inventories    
Finished goods 1,699 1,655
Work in process 1,157 1,008
Raw materials and supplies 771 855
Total inventories 3,627 3,518
Other current assets 1,249 1,398
Total current assets 10,874 10,986
Marketable securities - non-current 15 9
Investments 115 117
Property, plant and equipment 23,564 23,098
Less: Accumulated depreciation (14,950) (14,583)
Property, plant and equipment - net 8,614 8,515
Goodwill 9,375 9,249
Intangible assets - net 2,551 2,601
Prepaid pension benefits 226 188
Other assets 1,212 1,053
Total assets 32,982 32,718
Current liabilities    
Short-term borrowings and current portion of long-term debt 2,212 2,044
Accounts payable 1,581 1,694
Accrued payroll 468 644
Accrued income taxes 590 332
Other current liabilities 2,327 2,404
Total current liabilities 7,178 7,118
Long-term debt 8,927 8,753
Pension and postretirement benefits 3,454 3,520
Other liabilities 1,649 1,580
Total liabilities $ 21,208 $ 20,971
Commitments and contingencies (Note 12)
3M Company shareholders' equity:    
Common stock par value, $.01 par value, 944,033,056 shares issued $ 9 $ 9
Additional paid-in capital 4,916 4,791
Retained earnings 36,785 36,575
Treasury stock, at cost: 337,518,526 shares at March 31, 2016; 334,702,932 shares at December 31, 2015 (23,716) (23,308)
Accumulated other comprehensive income (loss) (6,261) (6,359)
Total 3M Company shareholders' equity 11,733 11,708
Noncontrolling interest 41 39
Total equity 11,774 11,747
Total liabilities and equity $ 32,982 $ 32,718