Current Assets

Total Current Assets

3M Total Current Assets decreased by 12.2% to $14.39B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.1%, from $15.66B to $14.39B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows relatively stable performance with a 1.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.

Detailed definition

The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...

Peer comparison

High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.

Metric ID: total_current_assets

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$16.34B$16.43B$15.40B$14.45B$14.51B$14.90B$14.69B$14.96B$15.75B$16.20B$16.38B$21.61B$19.52B$16.30B$15.88B$15.66B$13.43B$16.09B$16.39B$14.39B
QoQ Change+0.5%-6.2%-6.2%+0.4%+2.6%-1.4%+1.9%+5.3%+2.8%+1.1%+32.0%-9.7%-16.5%-2.5%-1.4%-14.2%+19.8%+1.9%-12.2%
YoY Change-11.2%-9.3%-4.6%+3.5%+8.5%+8.7%+11.5%+44.4%+23.9%+0.6%-3.0%-27.6%-31.2%-1.3%+3.2%-8.1%
Range$13.43B$21.61B
CAGR-2.6%
Avg YoY Growth+0.5%
Median YoY Growth-0.3%

Frequently Asked Questions

What is 3M's total current assets?
3M (MMM) reported total current assets of $14.39B in Q1 2026.
How has 3M's total current assets changed year-over-year?
3M's total current assets decreased by 8.1% year-over-year, from $15.66B to $14.39B.
What is the long-term trend for 3M's total current assets?
Over 5 years (2020 to 2025), 3M's total current assets has grown at a 1.8% compound annual growth rate (CAGR), from $14.98B to $16.39B.
What does total current assets mean?
Everything the company owns that can be turned into cash within a single year.