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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 1,798 $ 1,897
Marketable securities - current 118 1,439
Accounts receivable - net of allowances of $91 and $94 4,154 4,238
Inventories    
Finished goods 1,655 1,723
Work in process 1,008 1,081
Raw materials and supplies 855 902
Total inventories 3,518 3,706
Other current assets 1,398 1,023
Total current assets 10,986 12,303
Marketable securities - non-current 9 15
Investments 117 102
Property, plant and equipment 23,098 22,841
Less: Accumulated depreciation (14,583) (14,352)
Property, plant and equipment - net 8,515 8,489
Goodwill 9,249 7,050
Intangible assets - net 2,601 1,435
Prepaid pension benefits 188 46
Other assets 1,053 1,769
Total assets 32,718 31,209
Current liabilities    
Short-term borrowings and current portion of long-term debt 2,044 106
Accounts payable 1,694 1,807
Accrued payroll 644 732
Accrued income taxes 332 435
Other current liabilities 2,404 2,884
Total current liabilities 7,118 5,964
Long-term debt 8,753 6,705
Pension and postretirement benefits 3,520 3,843
Other liabilities 1,580 1,555
Total liabilities $ 20,971 $ 18,067
Commitments and contingencies (Note 14)
3M Company shareholders' equity:    
Common stock, par value $.01 per share, Shares outstanding - 2015: 609,330,124; Shares outstanding - 2014: 635,134,594 $ 9 $ 9
Additional paid-in capital 4,791 4,379
Retained earnings 36,575 34,317
Treasury stock (23,308) (19,307)
Accumulated other comprehensive income (loss) (6,359) (6,289)
Total 3M Company shareholders' equity 11,708 13,109
Noncontrolling interest 39 33
Total equity 11,747 13,142
Total liabilities and equity $ 32,718 $ 31,209