Other

Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash

3M Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash decreased by 50.0% to $37.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 46.4%, from $69.00M to $37.00M. Over 4 years (FY 2021 to FY 2025), Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash shows an upward trend with a 7.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026Apr 21, 2026

How to read this metric

Higher expenses reduce reported earnings and may indicate underfunded plans or unfavorable changes in actuarial assumptions.

Detailed definition

The non-cash accounting expense recognized for obligations related to employee pension plans and other post-employment b...

Peer comparison

Common for mature industrial companies with legacy workforce obligations.

Metric ID: other_pension_and_other_postretirement_benefits_expense__9509f1

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$51.50M$51.50M$51.50M$43.00M$40.00M$41.00M$54.00M$37.00M$38.00M$38.00M$32.00M$54.00M$844.00M$55.00M$82.00M$69.00M$66.00M$63.00M$74.00M$37.00M
QoQ Change+0.0%+0.0%-16.5%-7.0%+2.5%+31.7%-31.5%+2.7%+0.0%-15.8%+68.8%>999%-93.5%+49.1%-15.9%-4.3%-4.5%+17.5%-50.0%
YoY Change-22.3%-20.4%+4.9%-14.0%-5.0%-7.3%-40.7%+45.9%>999%+44.7%+156.3%+27.8%-92.2%+14.5%-9.8%-46.4%
Range$32.00M$844.00M
CAGR-6.7%
Avg YoY Growth+134.8%
Median YoY Growth-6.2%

Frequently Asked Questions

What is 3M's pension and other postretirement benefits expense (reversal of expense), noncash?
3M (MMM) reported pension and other postretirement benefits expense (reversal of expense), noncash of $37.00M in Q1 2026.
How has 3M's pension and other postretirement benefits expense (reversal of expense), noncash changed year-over-year?
3M's pension and other postretirement benefits expense (reversal of expense), noncash decreased by 46.4% year-over-year, from $69.00M to $37.00M.
What is the long-term trend for 3M's pension and other postretirement benefits expense (reversal of expense), noncash?
Over 4 years (2021 to 2025), 3M's pension and other postretirement benefits expense (reversal of expense), noncash has grown at a 7.2% compound annual growth rate (CAGR), from $206.00M to $272.00M.
What does pension and other postretirement benefits expense (reversal of expense), noncash mean?
The accounting cost of future employee retirement and healthcare benefits.