Discontinued — last reported Q4 '23
3M Transportation And Electronics — D&A remained flat by 0.0% to $134.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 31.0%, from $102.50M to $134.25M. Over 2 years (FY 2021 to FY 2023), Transportation And Electronics — D&A shows an upward trend with a 13.2% CAGR.
An increase may indicate a larger asset base or accelerated write-downs, while a decrease could suggest aging assets or reduced capital intensity.
This metric represents the non-cash expense allocated to the Transportation and Electronics segment to account for the w...
Comparable to segment-level depreciation and amortization reported by other diversified industrial or electronics manufacturing conglomerates.
mmm_segment_transportation_and_electronics_depreciation_depletion_and_amortization| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $419.00M | $410.00M | $537.00M |
| YoY Change | — | -2.1% | +31.0% |