Defined Benefit Pension Plan Liabilities (Non-Current)
3M Defined Benefit Pension Plan Liabilities (Non-Current) decreased by 2.8% to $1.59B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.1%, from $1.80B to $1.59B. Over 5 years (FY 2020 to FY 2025), Defined Benefit Pension Plan Liabilities (Non-Current) shows a downward trend with a -18.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase indicates a growing pension deficit, potentially requiring higher future cash contributions, while a decrease signals improved funding status.
Detailed definition
This represents the long-term liability recognized when the projected benefit obligation of a defined benefit pension pl...
Peer comparison
Standard for mature companies with legacy pension obligations to their workforce.
defined_benefit_plan_liabilities_noncurrentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.18B | $3.99B | $2.87B | $2.79B | $2.64B | $2.50B | $1.97B | $1.96B | $1.91B | $1.85B | $2.16B | $2.32B | $1.72B | $1.72B | $1.81B | $1.80B | $1.81B | $1.65B | $1.63B | $1.59B |
| QoQ Change | — | -4.7% | -28.0% | -2.7% | -5.5% | -5.2% | -21.4% | -0.5% | -2.2% | -3.5% | +16.8% | +7.6% | -26.0% | -0.1% | +5.7% | -0.5% | +0.2% | -8.8% | -1.1% | -2.8% |
| YoY Change | — | — | — | — | -37.0% | -37.2% | -31.5% | -29.9% | -27.5% | -26.2% | +9.7% | +18.6% | -10.2% | -7.0% | -15.9% | -22.2% | +5.3% | -3.9% | -10.0% | -12.1% |
Defined Benefit Pension Plan Liabilities (Non-Current) at Other Companies
Frequently Asked Questions
- What is 3M's defined benefit pension plan liabilities (non-current)?
- 3M (MMM) reported defined benefit pension plan liabilities (non-current) of $1.59B in Q1 2026.
- How has 3M's defined benefit pension plan liabilities (non-current) changed year-over-year?
- 3M's defined benefit pension plan liabilities (non-current) decreased by 12.1% year-over-year, from $1.80B to $1.59B.
- What is the long-term trend for 3M's defined benefit pension plan liabilities (non-current)?
- Over 5 years (2020 to 2025), 3M's defined benefit pension plan liabilities (non-current) has grown at a -18.0% compound annual growth rate (CAGR), from $4.41B to $1.63B.
- What does defined benefit pension plan liabilities (non-current) mean?
- The long-term shortfall in funding for company-sponsored pension plans.