Other

3M·Balance Sheet Statement·62 metrics

Breakdown

Metric	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Cumulative Cost Basis	$23.3B	$23.8B	$23.4B	$23.6B	$24.1B	$23.9B	$23.9B	$23.9B
Cash and cash equivalents, end of period	$10.1B	$6.1B	$5.6B	$6.3B	$3.7B	$4.7B	$5.2B	$3.7B
Deferred Tax Assets, Net of Valuation Allowance	—	—	$4.4B	—	—	—	$3.8B	$3.7B
Deferred Tax Assets, Net	—	—	$3.8B	—	$3.7B	$3.6B	$3.4B	$3.3B
Common stock, shares authorized (in shares)	—	—	3B	—	—	—	3B	3B
Gross Carrying Amount	$2.5B	$2.5B	$2.4B	$2.4B	$2.5B	$2.3B	$2.3B	$2.3B
Finite-Lived Intangible Assets, Accumulated Amortization	$1.8B	$1.8B	$1.8B	$1.8B	$1.9B	$1.8B	$1.8B	$1.8B
Short-term debt and current portion of long-term debt	$1.3B	$1.9B	$1.9B	$1.2B	$669M	$749M	$1.7B	$1.7B
Common stock, shares issued (in shares)	944M	944M	944M	944M	944M	944M	944M	944M
Indefinite lived intangible assets	$580M	$579M	$579M	$579M	$579M	$579M	$579M	$579M
Common Stock, Shares, Outstanding	549.4M	544.6M	539.5M	538.2M	532.6M	531.2M	530.3M	521.6M
Estimated Fair Value	$289M	$1.3B	$2.1B	$714M	$518M	$533M	$710M	$431M
Treasury stock, shares (in shares)	394.7M	399.5M	404.6M	405.9M	411.4M	412.8M	413.8M	422.5M
Deferred Tax Liabilities, Gross	—	—	$602M	—	—	—	$418M	$409M
Prepaid expenses	$444M	$470M	$493M	$485M	$642M	$514M	$391M	$407M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One	$255M	$1.2B	$2.1B	$666M	$468M	$402M	$599M	$310M
Goodwill accumulated impairment losses	$300M	$300M	$0	$300M	$300M	$300M	$300M	$300M
Supplier finance program, obligation	$320M	$300M	$300M	$300M	$300M	$300M	$300M	$300M
Gross Assets/Liabilities	$86M	$46M	$165M	$113M	$395M	$338M	$330M	$297M
Derivatives, gross, liabilities	—	—	$165M	—	$395M	$338M	$330M	$297M
Insurance recovery benefits	—	—	—	—	—	—	—	$277M
Derivative, gross, assets	$86M	$46M	$142M	$113M	$139M	$145M	$192M	$232M
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset	—	—	$64M	—	$134M	$139M	$175M	$190M
Derivative Liability, Subject to Master Netting Arrangement, Asset Offset	—	—	$64M	—	$134M	$139M	$175M	$190M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five	$25M	$64M	$74M	$48M	$50M	$131M	$111M	$121M
Finite Lived Intangible Assets Amortization Expense After Year Five	$224M	$224M	$223M	$167M	$168M	$167M	$168M	$111M
2027	$105M	$106M	$104M	$104M	$105M	$99M	$99M	$85M
Remainder of 2026	$52M	$27M	—	$78M	$52M	$25M	—	$73M
Remainder of Fiscal Year 2024	$53M	$53M	—	$1.2B	$669M	$101M	—	$73M
2028	$104M	$105M	$103M	$85M	$85M	$84M	$84M	$59M
2030	$59M	$59M	$59M	$57M	$57M	$57M	$57M	$57M
2031	$57M	$57M	$57M	$56M	$57M	$57M	$57M	$57M
2029	$85M	$85M	$85M	$59M	$59M	$59M	$59M	$57M
Noncontrolling interests in subsidiaries	$72M	$52M	$52M	$59M	$61M	$47M	$45M	$48M
Allowance for doubtful accounts	$64M	$65M	$60M	$52M	$61M	$54M	$61M	$45M
Preferred Stock, Shares Authorized	—	—	10M	—	—	—	10M	10M
Number of significant categories of legal proceedings	—	—	—	—	—	—	—	2.00
Common stock, par value (in dollars per share)	$0.01	$0.01	$0.01	$0.01	$0.01	$0.01	$0.01	$0.01
Accrued customer incentives	—	—	$607M	—	—	—	$624M	—
Asset Retirement Obligation	—	—	$195M	—	—	—	$202M	—
Intangible amortization	—	—	$104M	—	—	—	$176M	—
Miscellaneous accruals	—	—	$143M	—	—	—	$220M	—
Product and other claims	—	—	$3.2B	—	—	—	$2.5B	—
Deferred Tax Assets, Gross	—	—	$5.5B	—	—	—	$5.3B	—
Lease liabilities	—	—	$150M	—	—	—	$137M	—
Net operating/capital loss/tax credit carryforwards	—	—	$130M	—	—	—	$275M	—
Research and experimentation capitalization	—	—	$720M	—	—	—	$820M	—
Deferred tax assets, tax credit carryforwards, foreign	—	—	$143M	—	—	—	$210M	—
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Benefits	—	—	$241M	—	—	—	$250M	—
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-Based Compensation Cost	—	—	$267M	—	—	—	$222M	—
Deferred Tax Liabilities, Other	—	—	$188M	—	—	—	$256M	—
Deferred Tax Liabilities, Property, Plant and Equipment	—	—	$263M	—	—	—	$403M	—
Deferred Tax Liabilities, Right-Of-Use Asset	—	—	$151M	—	—	—	$136M	—
Plan assets payable to Solventum	—	—	$88M	—	—	—	—	—
Lessee Operating Lease Liability Payments Due	—	—	$613M	—	—	—	$563M	—
Lessee Operating Lease Liability Undiscounted Excess Amount	—	—	$45M	—	—	—	$33M	—
Operating Lease Weighted Average Discount Rate Percent	—	—	3.5%	—	—	—	3.5%	—
Restructuring Reserve	—	—	—	—	—	—	$25M	—
Number of participants with outstanding options, restricted stock, or restricted stock units	—	—	7100.00	—	—	—	6400.00	—
Tax Cuts and Jobs Act of 2017 transition tax in current accrued income taxes payable	—	—	$211M	—	—	—	—	—
Unrecognized tax benefits	—	—	$574M	—	—	—	$516M	—
Penalties and interest accrued on unrecognized tax benefits	—	—	$207M	—	—	—	$195M	—