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Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 7,731 $ 2,853
Marketable securities - current 30 380
Accounts receivable - net 5,020 5,020
Inventories    
Finished goods 1,890 2,120
Work in process 1,231 1,292
Raw materials and supplies 886 954
Total inventories 4,007 4,366
Prepaids 717 741
Other current assets 515 349
Total current assets 18,020 13,709
Property, plant and equipment 25,508 24,873
Less: Accumulated depreciation (16,617) (16,135)
Property, plant and equipment - net 8,891 8,738
Operating lease right of use assets 834  
Goodwill 10,410 10,051
Intangible assets - net 2,847 2,657
Other assets 1,548 1,345
Total assets 42,550 36,500
Current liabilities    
Short-term borrowings and current portion of long-term debt 1,960 1,211
Accounts payable 2,079 2,266
Accrued payroll 669 749
Accrued income taxes 137 243
Operating lease liabilities - current 241  
Other current liabilities 2,735 2,775
Total current liabilities 7,821 7,244
Long-term debt 17,479 13,411
Pension and postretirement benefits 2,667 2,987
Operating lease liabilities 584  
Other liabilities 3,235 3,010
Total liabilities 31,786 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 5,861 5,643
Retained earnings 42,085 40,636
Treasury stock, at cost: 368,982,401 shares at September 30, 2019; 367,457,888 shares at December 31, 2018 (29,865) (29,626)
Accumulated other comprehensive income (loss) (7,388) (6,866)
Total 3M Company shareholders' equity 10,702 9,796
Noncontrolling interest 62 52
Total equity 10,764 9,848
Total liabilities and equity $ 42,550 $ 36,500