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Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 1,688 $ 1,798
Marketable securities - current 177 118
Accounts receivable - net 4,667 4,154
Inventories    
Finished goods 1,676 1,655
Work in process 1,165 1,008
Raw materials and supplies 772 855
Total inventories 3,613 3,518
Other current assets 1,291 1,398
Total current assets 11,436 10,986
Marketable securities - non-current 14 9
Investments 121 117
Property, plant and equipment 23,793 23,098
Less: Accumulated depreciation (15,189) (14,583)
Property, plant and equipment - net 8,604 8,515
Goodwill 9,356 9,249
Intangible assets - net 2,477 2,601
Prepaid pension benefits 242 188
Other assets 985 1,053
Total assets 33,235 32,718
Current liabilities    
Short-term borrowings and current portion of long-term debt 2,450 2,044
Accounts payable 1,650 1,694
Accrued payroll 580 644
Accrued income taxes 169 332
Other current liabilities 2,405 2,404
Total current liabilities 7,254 7,118
Long-term debt 9,299 8,753
Pension and postretirement benefits 3,418 3,520
Other liabilities 1,327 1,580
Total liabilities 21,298 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 4,963 4,791
Retained earnings 37,194 36,575
Treasury stock, at cost: 339,632,765 shares at June 30, 2016; 334,702,932 shares at December 31, 2015 (24,088) (23,308)
Accumulated other comprehensive income (loss) (6,184) (6,359)
Total 3M Company shareholders' equity 11,894 11,708
Noncontrolling interest 43 39
Total equity 11,937 11,747
Total liabilities and equity $ 33,235 $ 32,718