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Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 2,831 $ 2,398
Marketable securities - current 586 280
Accounts receivable - net 5,156 4,392
Inventories    
Finished goods 1,962 1,629
Work in process 1,164 1,039
Raw materials and supplies 849 717
Total inventories 3,975 3,385
Other current assets 1,108 1,271
Total current assets 13,656 11,726
Marketable securities - non-current 17 17
Investments 139 128
Property, plant and equipment 24,659 23,499
Less: Accumulated depreciation (16,001) (14,983)
Property, plant and equipment - net 8,658 8,516
Goodwill 9,221 9,166
Intangible assets - net 2,175 2,320
Prepaid pension benefits 105 52
Other assets 1,266 981
Total assets 35,237 32,906
Current liabilities    
Short-term borrowings and current portion of long-term debt 835 972
Accounts payable 1,824 1,798
Accrued payroll 856 678
Accrued income taxes 374 299
Other current liabilities 2,709 2,472
Total current liabilities 6,598 6,219
Long-term debt 10,828 10,678
Pension and postretirement benefits 3,748 4,018
Other liabilities 1,861 1,648
Total liabilities 23,035 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 5,302 5,061
Retained earnings 39,454 37,907
Treasury stock, at cost: 348,424,948 shares at September 30, 2017; 347,306,778 shares at December 31, 2016 (25,706) (25,434)
Accumulated other comprehensive income (loss) (6,913) (7,245)
Total 3M Company shareholders' equity 12,146 10,298
Noncontrolling interest 56 45
Total equity 12,202 10,343
Total liabilities and equity $ 35,237 $ 32,906