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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 3,053 $ 2,398
Marketable securities - current 1,076 280
Accounts receivable - net of allowances of $103 and $88 4,911 4,392
Inventories    
Finished goods 1,915 1,629
Work in process 1,218 1,039
Raw materials and supplies 901 717
Total inventories 4,034 3,385
Prepaids 937 821
Other current assets 266 450
Total current assets 14,277 11,726
Property, plant and equipment 24,914 23,499
Less: Accumulated depreciation (16,048) (14,983)
Property, plant and equipment - net 8,866 8,516
Goodwill 10,513 9,166
Intangible assets - net 2,936 2,320
Other assets 1,395 1,178
Total assets 37,987 32,906
Current liabilities    
Short-term borrowings and current portion of long-term debt 1,853 972
Accounts payable 1,945 1,798
Accrued payroll 870 678
Accrued income taxes 310 299
Other current liabilities 2,709 2,472
Total current liabilities 7,687 6,219
Long-term debt 12,096 10,678
Pension and postretirement benefits 3,620 4,018
Other liabilities 2,962 1,648
Total liabilities 26,365 22,563
Commitments and contingencies (Note 15)
3M Company shareholders' equity:    
Common stock par value, $.01 par value, shares outstanding 594,884,237 and 596,726,278, December 31, 2017 and December 31, 2016, respectively 9 9
Additional paid-in capital 5,352 5,061
Retained earnings 39,115 37,907
Treasury stock (25,887) (25,434)
Accumulated other comprehensive income (loss) (7,026) (7,245)
Total 3M Company shareholders' equity 11,563 10,298
Noncontrolling interest 59 45
Total equity 11,622 10,343
Total liabilities and equity $ 37,987 $ 32,906