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Current Assets

Cash & Equivalents

3M Cash & Equivalents decreased by 28.8% to $3.73B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 41.1%, from $6.33B to $3.73B. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows an upward trend with a 2.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2012
Last reportedQ1 2026Apr 21, 2026

How to read this metric

Higher levels provide a buffer for operations and strategic investments, while lower levels may indicate liquidity constraints or aggressive capital deployment.

Detailed definition

This metric captures the most liquid assets held by the company, including physical currency, bank deposits, and short-t...

Peer comparison

Industrial peers typically maintain cash balances sufficient to cover several months of operating expenses and debt service.

Metric ID: cash_and_equivalents

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.56B$3.25B$2.72B$3.4B$3.66B$3.82B$4.26B$5.14B$5.93B$10.91B$10.08B$6.05B$5.6B$6.33B$3.71B$4.67B$5.24B$3.73B
QoQ Change-28.9%-16.2%+25.1%+7.4%+4.6%+11.3%+20.7%+15.4%+83.9%-7.6%-40.0%-7.4%+13.0%-41.3%+25.8%+12.1%-28.8%
YoY Change-19.9%+17.8%+56.4%+51.0%+62.3%+185.3%+136.8%+17.7%-5.6%-42.0%-63.2%-22.8%-6.5%-41.1%
Range$2.72B$10.91B
CAGR-4.6%
Avg YoY Growth+23.3%
Median YoY Growth+6.0%

Frequently Asked Questions

What is 3M's cash & equivalents?
3M (MMM) reported cash & equivalents of $3.73B in Q1 2026.
How has 3M's cash & equivalents changed year-over-year?
3M's cash & equivalents decreased by 41.1% year-over-year, from $6.33B to $3.73B.
What is the long-term trend for 3M's cash & equivalents?
Over 5 years (2020 to 2025), 3M's cash & equivalents has grown at a 2.5% compound annual growth rate (CAGR), from $4.63B to $5.24B.
What does cash & equivalents mean?
The total amount of cash and highly liquid investments readily available for use.