Consolidated Balance Sheet - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 2,308	$ 1,798
Marketable securities - current	358	118
Accounts receivable - net	4,743	4,154
Inventories
Finished goods	1,672	1,655
Work in process	1,157	1,008
Raw materials and supplies	782	855
Total inventories	3,611	3,518
Other current assets	1,159	1,398
Total current assets	12,179	10,986
Marketable securities - non-current	14	9
Investments	127	117
Property, plant and equipment	24,142	23,098
Less: Accumulated depreciation	(15,471)	(14,583)
Property, plant and equipment - net	8,671	8,515
Goodwill	9,430	9,249
Intangible assets - net	2,422	2,601
Prepaid pension benefits	256	188
Other assets	952	1,053
Total assets	34,051	32,718
Current liabilities
Short-term borrowings and current portion of long-term debt	1,282	2,044
Accounts payable	1,621	1,694
Accrued payroll	729	644
Accrued income taxes	364	332
Other current liabilities	2,404	2,404
Total current liabilities	6,400	7,118
Long-term debt	11,079	8,753
Pension and postretirement benefits	3,179	3,520
Other liabilities	1,345	1,580
Total liabilities	22,003	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	5,012	4,791
Retained earnings	37,745	36,575
Treasury stock, at cost: 342,566,655 shares at September 30, 2016; 334,702,932 shares at December 31, 2015	(24,618)	(23,308)
Accumulated other comprehensive income (loss)	(6,146)	(6,359)
Total 3M Company shareholders' equity	12,002	11,708
Noncontrolling interest	46	39
Total equity	12,048	11,747
Total liabilities and equity	$ 34,051	$ 32,718

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.