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3M MMM Retirement and nonpension postretirement benefit obligations

Retirement and nonpension postretirement benefit obligations at other companies

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Other financials

Income statement

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Revenue$6.0B+1.3%
Gross profit$2.5B-0.8%
Operating income$1.4B+12.1%
Net income$653.0M-41.5%
EPS (diluted)$1.23-39.7%

Balance sheet

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Cash & equivalents$3.7B-41.1%
Total debt$11.5B-11.0%
Total equity$3.3B-26.9%
Total assets$35.4B-11.3%

Cash flow

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Operating cash flow$574.0M+827%
CapEx$225.0M-4.7%
Free cash flow$349.0M+211%

Valuation

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Market cap$83.76B-4.2%
Enterprise value$91.51B-2.5%
P/E30.1×+10.0×
P/S3.4×-0.2×

Profitability

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Gross margin39.7%-1.4pp
Operating margin19.1%-1.0pp
Net margin11.1%-6.7pp

Returns & leverage

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Return on equity72.1%-21.3pp
Debt / equity3.5×+0.6×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by 3M in its filing.

Tagged under the XBRL concept us-gaap:PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent.

The official record: 3M’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 3M's retirement and nonpension postretirement benefit obligations?
3M (MMM) reported retirement and nonpension postretirement benefit obligations of $1.59B in Q1 2026.
How has 3M's retirement and nonpension postretirement benefit obligations changed year-over-year?
3M's retirement and nonpension postretirement benefit obligations decreased by 12.1% year-over-year, from $1.8B to $1.59B.
What is the long-term trend for 3M's retirement and nonpension postretirement benefit obligations?
Over 5 years (2020 to 2025), 3M's retirement and nonpension postretirement benefit obligations has grown at a -18.0% compound annual growth rate (CAGR), from $4.41B to $1.63B.
What does retirement and nonpension postretirement benefit obligations mean?
The long-term debt the company owes for employee pension and retirement health benefits.
How do you interpret retirement and nonpension postretirement benefit obligations?
An increase often reflects lower discount rates or underfunded plans, while a decrease suggests improved funding status or plan restructuring.
How does retirement and nonpension postretirement benefit obligations compare across companies?
Legacy industrial companies often carry significant pension liabilities compared to younger, service-oriented firms.