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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 3,491 $ 3,053
Marketable securities - current 604 1,076
Accounts receivable — net 5,252 4,911
Inventories    
Finished goods 2,025 1,915
Work in process 1,313 1,218
Raw materials and supplies 957 901
Total inventories 4,295 4,034
Prepaids 832 937
Other current assets 344 266
Total current assets 14,818 14,277
Property, plant and equipment 25,174 24,914
Less: Accumulated depreciation (16,310) (16,048)
Property, plant and equipment - net 8,864 8,866
Goodwill 10,570 10,513
Intangible assets - net 2,885 2,936
Other assets 1,438 1,395
Total assets 38,575 37,987
Current liabilities    
Short-term borrowings and current portion of long-term debt 3,449 1,853
Accounts payable 1,874 1,945
Accrued payroll 563 870
Accrued income taxes 282 310
Other current liabilities 2,791 2,709
Total current liabilities 8,959 7,687
Long-term debt 12,211 12,096
Pension and postretirement benefits 3,381 3,620
Other liabilities 2,985 2,962
Total liabilities 27,536 26,365
Commitments and contingencies (Note 14)
3M Company shareholders' equity:    
Common stock par value, $.01 par value; 944,033,056 shares issued 9 9
Additional paid-in capital 5,496 5,352
Retained earnings 38,453 39,115
Treasury stock, at cost: 350,340,774 shares at March 31, 2018; 349,148,819 shares at December 31, 2017 (26,178) (25,887)
Accumulated other comprehensive income (loss) (6,803) (7,026)
Total 3M Company shareholders' equity 10,977 11,563
Noncontrolling interest 62 59
Total equity 11,039 11,622
Total liabilities and equity $ 38,575 $ 37,987