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Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 2,849 $ 2,853
Marketable securities - current 139 380
Accounts receivable - net 5,374 5,020
Inventories    
Finished goods 1,980 2,120
Work in process 1,348 1,292
Raw materials and supplies 972 954
Total inventories 4,300 4,366
Prepaids 949 741
Other current assets 440 349
Total current assets 14,051 13,709
Property, plant and equipment 25,565 24,873
Less: Accumulated depreciation (16,567) (16,135)
Property, plant and equipment - net 8,998 8,738
Operating lease right of use assets 879  
Goodwill 10,574 10,051
Intangible assets - net 2,964 2,657
Other assets 1,503 1,345
Total assets 38,969 36,500
Current liabilities    
Short-term borrowings and current portion of long-term debt 892 1,211
Accounts payable 2,130 2,266
Accrued payroll 604 749
Accrued income taxes 223 243
Operating lease liabilities - current 247  
Other current liabilities 3,169 2,775
Total current liabilities 7,265 7,244
Long-term debt 14,914 13,411
Pension and postretirement benefits 2,761 2,987
Operating lease liabilities 619  
Other liabilities 3,268 3,010
Total liabilities 28,827 26,652
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 5,812 5,643
Retained earnings 41,362 40,636
Treasury stock, at cost: 368,754,006 shares at June 30, 2019; 367,457,888 shares at December 31, 2018 (29,828) (29,626)
Accumulated other comprehensive income (loss) (7,272) (6,866)
Total 3M Company shareholders' equity 10,083 9,796
Noncontrolling interest 59 52
Total equity 10,142 9,848
Total liabilities and equity $ 38,969 $ 36,500