3M Company
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has 3M Company's balance sheet done over the years? Its assets were worth $50,580,000,000 last year, which is more than in the previous period. 90% of 3M Company’s total assets is currently financed by debt. Its liabilities reached the amount of $45,712,000,000, which means an increase by 44% compared compared to last year.
Debt to Assets
| 2014 | 31269000000 | 18.12B | 57.97% |
|---|---|---|---|
| 2015 | 32718000000 | 20.97B | 64.1% |
| 2016 | 32906000000 | 22.56B | 68.57% |
| 2017 | 37987000000 | 26.36B | 69.41% |
| 2018 | 36500000000 | 26.65B | 73.02% |
| 2019 | 44659000000 | 34.53B | 77.33% |
| 2020 | 47344000000 | 34.41B | 72.69% |
| 2021 | 47072000000 | 31.95B | 67.89% |
| 2022 | 46455000000 | 31.68B | 68.21% |
| 2023 | 50580000000 | 45.71B | 90.38% |
MMM Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 5.93B | 3.65B | 4.56B | 4.63B | 2.35B | 2.85B | 3.05B | 2.39B | 1.79B | 1.89B |
Short term investments | 53M | 238M | 201M | 404M | 98M | 380M | 1.07B | 280M | 118M | 626M |
Net receivables | 4.75B | 4.53B | 4.66B | 4.70B | 4.79B | 5.02B | 4.91B | 4.39B | 4.15B | 4.23B |
Inventory | 4.82B | 5.37B | 4.98B | 4.23B | 4.13B | 4.36B | 4.03B | 3.38B | 3.51B | 3.70B |
Other current assets | 821M | 456M | 339M | 325M | 891M | 349M | 1.20B | 1.27B | 2.47B | 2.06B |
Total current assets | 16.37B | 14.68B | 15.40B | 14.98B | 12.97B | 13.70B | 14.27B | 11.72B | 10.98B | 11.76B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 9.91B | 10.00B | 10.28B | 10.28B | 10.19B | 8.73B | 8.86B | 8.51B | 8.51B | 8.48B |
Goodwill | 12.92B | 12.79B | 13.48B | 13.80B | 13.44B | 10.05B | 10.51B | 9.16B | 9.24B | 7.05B |
Intangible assets | 4.22B | 4.69B | 5.28B | 5.83B | 6.37B | 2.65B | 2.93B | 2.32B | 2.60B | 1.43B |
Long term investments | 244M | 967M | 262M | 214M | 196M | 188M | 150M | 145M | 126M | 930M |
Other non-current assets | 1.96B | 2.34B | 1.76B | 1.35B | 957M | 792M | 734M | 611M | 731M | 711M |
Total non-current assets | 34.20B | 31.76B | 31.66B | 32.36B | 31.68B | 22.79B | 23.71B | 21.18B | 21.73B | 19.50B |
Total assets | 50.58B | 46.45B | 47.07B | 47.34B | 44.65B | 36.5B | 37.98B | 32.90B | 32.71B | 31.26B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 572M | 538M | 529M | 498M | 430M | 617M | 513M | 551M | 518M | 541M |
Short term debt | 3.17B | 2.19B | 1.57B | 1.06B | 3.04B | 1.21B | 1.85B | 972M | 1.38B | 106M |
Total current liabilities | 15.29B | 9.52B | 9.03B | 7.94B | 9.22B | 7.24B | 7.68B | 6.21B | 7.11B | 5.99B |
| Non-current liabilities: | ||||||||||
Long term debt | 13.68B | 14.00B | 16.05B | 17.98B | 17.51B | 13.41B | 12.15B | 10.67B | 8.79B | 6.79B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 16.20B | 7.60B | 6.86B | 8.47B | 7.79B | 5.99B | 6.25B | 5.50B | 4.92B | 5.17B |
Total non-current liabilities | 30.41B | 22.16B | 22.92B | 26.46B | 25.31B | 19.40B | 18.67B | 16.34B | 13.85B | 12.12B |
Total liabilities | 45.71B | 31.68B | 31.95B | 34.41B | 34.53B | 26.65B | 26.36B | 22.56B | 20.97B | 18.12B |
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