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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 2,173 $ 2,398
Marketable securities - current 141 280
Accounts receivable - net 4,722 4,392
Inventories    
Finished goods 1,764 1,629
Work in process 1,078 1,039
Raw materials and supplies 770 717
Total inventories 3,612 3,385
Other current assets 1,253 1,271
Total current assets 11,901 11,726
Marketable securities - non-current 17 17
Investments 133 128
Property, plant and equipment 23,946 23,499
Less: Accumulated depreciation (15,395) (14,983)
Property, plant and equipment - net 8,551 8,516
Goodwill 9,258 9,166
Intangible assets - net 2,269 2,320
Prepaid pension benefits 61 52
Other assets 1,102 981
Total assets 33,292 32,906
Current liabilities    
Short-term borrowings and current portion of long-term debt 909 972
Accounts payable 1,701 1,798
Accrued payroll 532 678
Accrued income taxes 433 299
Other current liabilities 2,420 2,472
Total current liabilities 5,995 6,219
Long-term debt 10,802 10,678
Pension and postretirement benefits 3,764 4,018
Other liabilities 1,691 1,648
Total liabilities 22,252 22,563
Commitments and contingencies (Note 10)
3M Company shareholders' equity:    
Common stock par value, $.01 par value, 944,033,056 shares issued 9 9
Additional paid-in capital 5,189 5,061
Retained earnings 38,094 37,907
Treasury stock, at cost: 346,793,480 shares at March 31, 2017; 347,306,778 shares at December 31, 2016 (25,354) (25,434)
Accumulated other comprehensive income (loss) (6,949) (7,245)
Total 3M Company shareholders' equity 10,989 10,298
Noncontrolling interest 51 45
Total equity 11,040 10,343
Total liabilities and equity $ 33,292 $ 32,906