How has 3M's deferred tax assets, tax credit carryforwards, foreign changed year-over-year?

3M's deferred tax assets, tax credit carryforwards, foreign increased by 46.9% year-over-year, from $143M to $210M.

What is the long-term trend for 3M's deferred tax assets, tax credit carryforwards, foreign?

Over 5 years (2020 to 2025), 3M's deferred tax assets, tax credit carryforwards, foreign has grown at a 16.0% compound annual growth rate (CAGR), from $100M to $210M.

Other

Deferred tax assets, tax credit carryforwards, foreign

3M Deferred tax assets, tax credit carryforwards, foreign increased by 46.9% to $210M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 46.9%, from $143M to $210M. Over 5 years (FY 2020 to FY 2025), Deferred tax assets, tax credit carryforwards, foreign shows an upward trend with a 16.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryEfficiency

SignalHigher is better

VolatilityModerate

First reportedQ4 2020

Last reportedQ4 2025Feb 3, 2026

How to read this metric

An increase suggests the company is accumulating unused foreign tax credits, potentially due to high foreign tax rates or operational shifts.

Detailed definition

This represents deferred tax assets related to foreign tax credit carryforwards that can be used to offset future tax li...

Peer comparison

Standard for multinational conglomerates; peers with significant global footprints will have similar credit structures.

Metric ID: other_deferred_tax_assets_tax_credit_carryforwards_foreign

Historical Data

5 periods

	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$115M	$112M	$117M	$143M	$210M
QoQ Change	—	-2.6%	+4.5%	+22.2%	+46.9%
YoY Change	—	-2.6%	+4.5%	+22.2%	+46.9%

Range$112M – $210M

CAGR+82.6%

Avg YoY Growth+17.7%

Median YoY Growth+13.3%

Current Streak3 quarters growth

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Frequently Asked Questions

What is 3M's deferred tax assets, tax credit carryforwards, foreign?: 3M (MMM) reported deferred tax assets, tax credit carryforwards, foreign of $210M in Q4 2025.
How has 3M's deferred tax assets, tax credit carryforwards, foreign changed year-over-year?: 3M's deferred tax assets, tax credit carryforwards, foreign increased by 46.9% year-over-year, from $143M to $210M.
What is the long-term trend for 3M's deferred tax assets, tax credit carryforwards, foreign?: Over 5 years (2020 to 2025), 3M's deferred tax assets, tax credit carryforwards, foreign has grown at a 16.0% compound annual growth rate (CAGR), from $100M to $210M.
What does deferred tax assets, tax credit carryforwards, foreign mean?: The value of foreign tax credits that can be used to reduce future tax payments in international markets.