Current Liabilities

Compensation and benefits

3M Compensation and benefits decreased by 41.5% to $420.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.9%, from $451.00M to $420.00M. Over 5 years (FY 2020 to FY 2025), Compensation and benefits shows relatively stable performance with a -0.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

Significant increases may reflect higher headcount, increased compensation, or timing differences in bonus payouts, while decreases could signal cost-cutting or reduced workforce.

Detailed definition

This includes short-term obligations to employees, such as accrued wages, bonuses, vacation pay, and other benefits due...

Peer comparison

Commonly reported by labor-intensive companies, particularly in services and logistics.

Metric ID: current_liabilities_employee_related_liabilities_current

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$832.00M$1.02B$1.02B$638.00M$704.00M$717.00M$692.00M$604.00M$785.00M$905.00M$904.00M$607.00M$602.00M$703.00M$712.00M$451.00M$594.00M$668.00M$718.00M$420.00M
QoQ Change+22.5%+0.1%-37.5%+10.3%+1.8%-3.5%-12.7%+30.0%+15.3%-0.1%-32.9%-0.8%+16.8%+1.3%-36.7%+31.7%+12.5%+7.5%-41.5%
YoY Change-15.4%-29.6%-32.2%-5.3%+11.5%+26.2%+30.6%+0.5%-23.3%-22.3%-21.2%-25.7%-1.3%-5.0%+0.8%-6.9%
Range$420.00M$1.02B
CAGR-13.4%
Avg YoY Growth-7.4%
Median YoY Growth-6.1%

Compensation and benefits at Other Companies

Frequently Asked Questions

What is 3M's compensation and benefits?
3M (MMM) reported compensation and benefits of $420.00M in Q1 2026.
How has 3M's compensation and benefits changed year-over-year?
3M's compensation and benefits decreased by 6.9% year-over-year, from $451.00M to $420.00M.
What is the long-term trend for 3M's compensation and benefits?
Over 5 years (2020 to 2025), 3M's compensation and benefits has grown at a -0.8% compound annual growth rate (CAGR), from $747.00M to $718.00M.
What does compensation and benefits mean?
Short-term debts owed to employees for wages, bonuses, and benefits.