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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 2,853 $ 3,053
Marketable securities - current 380 1,076
Accounts receivable - net of allowances of $95 and $103 5,020 4,911
Inventories    
Finished goods 2,120 1,915
Work in process 1,292 1,218
Raw materials and supplies 954 901
Total inventories 4,366 4,034
Prepaids 741 937
Other current assets 349 266
Total current assets 13,709 14,277
Property, plant and equipment 24,873 24,914
Less: Accumulated depreciation (16,135) (16,048)
Property, plant and equipment - net 8,738 8,866
Goodwill 10,051 10,513
Intangible assets - net 2,657 2,936
Other assets 1,345 1,395
Total assets 36,500 37,987
Current liabilities    
Short-term borrowings and current portion of long-term debt 1,211 1,853
Accounts payable 2,266 1,945
Accrued payroll 749 870
Accrued income taxes 243 310
Other current liabilities 2,775 2,709
Total current liabilities 7,244 7,687
Long-term debt 13,411 12,096
Pension and postretirement benefits 2,987 3,620
Other liabilities 3,010 2,962
Total liabilities 26,652 26,365
Commitments and contingencies (Note 16)
3M Company shareholders' equity:    
Common stock par value, $.01 par value Shares outstanding - 2018: 576,575,168; Shares outstanding - 2017: 594,884,237 9 9
Additional paid-in capital 5,643 5,352
Retained earnings 40,636 39,115
Treasury stock (29,626) (25,887)
Accumulated other comprehensive income (loss) (6,866) (7,026)
Total 3M Company shareholders' equity 9,796 11,563
Noncontrolling interest 52 59
Total equity 9,848 11,622
Total liabilities and equity $ 36,500 $ 37,987