Current Assets

Total Current Assets

3M Total Current Assets decreased by 12.2% to $14.39B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.1%, from $15.66B to $14.39B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows relatively stable performance with a 1.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 21, 2026

How to read this metric

Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.

Detailed definition

The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...

Peer comparison

Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.

Metric ID: total_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$16.34B$16.43B$15.40B$14.45B$14.51B$14.90B$14.69B$14.96B$15.75B$16.20B$16.38B$21.61B$19.52B$16.30B$15.88B$15.66B$13.43B$16.09B$16.39B$14.39B
QoQ Change+0.5%-6.2%-6.2%+0.4%+2.6%-1.4%+1.9%+5.3%+2.8%+1.1%+32.0%-9.7%-16.5%-2.5%-1.4%-14.2%+19.8%+1.9%-12.2%
YoY Change-11.2%-9.3%-4.6%+3.5%+8.5%+8.7%+11.5%+44.4%+23.9%+0.6%-3.0%-27.6%-31.2%-1.3%+3.2%-8.1%
Range$13.43B$21.61B
CAGR-2.6%
Avg YoY Growth+0.5%
Median YoY Growth-0.3%

Frequently Asked Questions

What is 3M's total current assets?
3M (MMM) reported total current assets of $14.39B in Q1 2026.
How has 3M's total current assets changed year-over-year?
3M's total current assets decreased by 8.1% year-over-year, from $15.66B to $14.39B.
What is the long-term trend for 3M's total current assets?
Over 5 years (2020 to 2025), 3M's total current assets has grown at a 1.8% compound annual growth rate (CAGR), from $14.98B to $16.39B.
What does total current assets mean?
The total value of all assets that can be turned into cash within one year.