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Short-term debt and current portion of long-term debt

3M Short-term debt and current portion of long-term debt decreased by 1.2% to $1.65B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 41.1%, from $1.17B to $1.65B. Over 5 years (FY 2020 to FY 2025), Short-term debt and current portion of long-term debt shows an upward trend with a 15.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 21, 2026

How to read this metric

An increase may indicate tighter liquidity or a reliance on short-term funding, while a decrease suggests debt repayment or refinancing into longer-term instruments.

Detailed definition

This represents the portion of debt obligations and financial borrowings that are due for repayment within the next twel...

Peer comparison

Peers in the industrial conglomerate sector typically maintain a mix of short-term and long-term debt based on interest rate environments and working capital cycles.

Metric ID: other_debt_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$1.98B$1.97B$1.31B$1.88B$2.26B$1.86B$1.94B$3.01B$3.03B$3.14B$2.95B$820M$1.3B$1.87B$1.92B$1.17B$669M$749M$1.67B$1.65B
QoQ Change-0.5%-33.7%+43.6%+20.2%-17.8%+4.4%+55.4%+0.7%+3.4%-6.1%-72.2%+58.8%+43.6%+2.6%-39.1%-42.8%+12.0%+123.0%-1.2%
YoY Change+13.9%-5.9%+48.3%+60.5%+34.4%+69.0%+52.1%-72.8%-57.1%-40.4%-34.9%+42.6%-48.6%-59.9%-13.0%+41.1%
Range$669M$3.14B
CAGR-3.8%
Avg YoY Growth+1.8%
Median YoY Growth+4.0%

Frequently Asked Questions

What is 3M's short-term debt and current portion of long-term debt?
3M (MMM) reported short-term debt and current portion of long-term debt of $1.65B in Q1 2026.
How has 3M's short-term debt and current portion of long-term debt changed year-over-year?
3M's short-term debt and current portion of long-term debt increased by 41.1% year-over-year, from $1.17B to $1.65B.
What is the long-term trend for 3M's short-term debt and current portion of long-term debt?
Over 5 years (2020 to 2025), 3M's short-term debt and current portion of long-term debt has grown at a 15.7% compound annual growth rate (CAGR), from $806M to $1.67B.
What does short-term debt and current portion of long-term debt mean?
The total amount of debt that must be paid back within one year.