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Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 2,654 $ 2,398
Marketable securities - current 140 280
Accounts receivable - net 4,919 4,392
Inventories    
Finished goods 1,863 1,629
Work in process 1,145 1,039
Raw materials and supplies 830 717
Total inventories 3,838 3,385
Other current assets 1,090 1,271
Total current assets 12,641 11,726
Marketable securities - non-current 17 17
Investments 137 128
Property, plant and equipment 24,292 23,499
Less: Accumulated depreciation (15,726) (14,983)
Property, plant and equipment - net 8,566 8,516
Goodwill 9,105 9,166
Intangible assets - net 2,201 2,320
Prepaid pension benefits 83 52
Other assets 1,207 981
Total assets 33,957 32,906
Current liabilities    
Short-term borrowings and current portion of long-term debt 213 972
Accounts payable 1,782 1,798
Accrued payroll 666 678
Accrued income taxes 432 299
Other current liabilities 2,604 2,472
Total current liabilities 5,697 6,219
Long-term debt 11,088 10,678
Pension and postretirement benefits 3,761 4,018
Other liabilities 1,767 1,648
Total liabilities 22,313 22,563
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 5,244 5,061
Retained earnings 38,793 37,907
Treasury stock, at cost: 347,265,909 shares at June 30, 2017; 347,306,778 shares at December 31, 2016 (25,466) (25,434)
Accumulated other comprehensive income (loss) (6,989) (7,245)
Total 3M Company shareholders' equity 11,591 10,298
Noncontrolling interest 53 45
Total equity 11,644 10,343
Total liabilities and equity $ 33,957 $ 32,906