Discontinued — last reported Q4 '23
3M Safety And Industrial — D&A remained flat by 0.0% to $132.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 6.4%, from $141.50M to $132.50M. Over 2 years (FY 2021 to FY 2023), Safety And Industrial — D&A shows a downward trend with a -5.5% CAGR.
Higher values typically reflect a larger asset base or recent capital expenditures, while lower values may indicate aging assets or a shift toward less capital-intensive operations.
This metric represents the non-cash expense allocated to the Safety and Industrial segment for the wear and tear of phys...
Standard segment-level D&A expense reported by industrial manufacturers to assess capital consumption.
mmm_segment_safety_and_industrial_depreciation_depletion_and_amortization| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $593.00M | $566.00M | $530.00M |
| YoY Change | — | -4.6% | -6.4% |