3M Historical Balance Sheet

MMM Stock

USD 91.83 0.42 0.46%

Trend analysis of 3M Company balance sheet accounts such as Total Current Liabilities of 16.1 B provides information on 3M's total assets, liabilities, and equity, which is the actual value of 3M Company to its prevalent stockholders. By breaking down trends over time using 3M balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining 3M Company latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether 3M Company is a good buy for the upcoming year.

3M Inventory

3.17 Billion

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

About 3M Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of 3M Company at a specified time, usually calculated after every quarter, six months, or one year. 3M Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 3M and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 3M currently owns. An asset can also be divided into two categories, current and non-current.

3M Balance Sheet Chart

3M Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how 3M Company uses and utilizes its capital. It also shows what exactly a company owns and owes.

At this time, 3M's Cash And Short Term Investments are very stable compared to the past year. As of the 28th of April 2024, Common Stock Shares Outstanding is likely to grow to about 606.9 M, while Total Stockholder Equity is likely to drop about 4.6 B.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Accumulated Depreciation

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Total Assets

Total assets refers to the total amount of 3M assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in 3M Company books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on 3M balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of 3M Company are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for 3M Company fixed asset that has been charged to 3M expense since that asset was acquired and made available for 3M use. The accumulated depreciation account is 3M Company asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by 3M Company.

Most accounts from 3M's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into 3M Company current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	17.6B	16.2B	16.9B	17.7B
Total Assets	47.1B	46.5B	50.6B	25.6B

Short Long Term Debt Total Total Assets

3M balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Property Plant And Equipment Gross	Current Deferred Revenue	Common Stock Total Equity	Short Term Investments
Total Assets		0.74	0.34	0.51	0.31	0.96	0.71	0.92	0.58	0.8	0.64	0.58	0.89	-0.87	0.68	0.94	-0.17	-0.75	0.64	0.95	0.42	0.92	0.34	0.77	-0.74	-0.11
Short Long Term Debt Total	0.74		0.54	0.71	-0.2	0.71	0.97	0.69	0.71	0.9	0.59	0.57	0.66	-0.87	0.94	0.66	-0.52	-0.94	0.9	0.61	0.68	0.72	0.53	0.47	-0.52	-0.52
Other Current Liab	0.34	0.54		0.96	-0.44	0.28	0.37	0.11	0.88	0.73	0.55	0.79	0.28	-0.54	0.78	0.3	-0.46	-0.57	0.85	0.34	0.73	0.42	0.85	0.25	-0.38	-0.35
Total Current Liabilities	0.51	0.71	0.96		-0.33	0.46	0.56	0.31	0.9	0.86	0.66	0.8	0.44	-0.7	0.87	0.48	-0.46	-0.73	0.93	0.47	0.85	0.57	0.88	0.37	-0.51	-0.4
Total Stockholder Equity	0.31	-0.2	-0.44	-0.33		0.43	-0.19	0.43	-0.18	-0.02	0.0	0.04	0.36	-0.08	-0.33	0.38	0.57	0.17	-0.34	0.44	-0.36	0.15	-0.38	0.41	-0.46	0.64
Property Plant And Equipment Net	0.96	0.71	0.28	0.46	0.43		0.69	0.96	0.51	0.78	0.52	0.53	0.94	-0.9	0.62	0.91	0.02	-0.75	0.59	0.94	0.36	0.83	0.25	0.86	-0.86	-0.05
Net Debt	0.71	0.97	0.37	0.56	-0.19	0.69		0.71	0.53	0.8	0.48	0.38	0.65	-0.82	0.85	0.61	-0.44	-0.9	0.79	0.54	0.61	0.66	0.38	0.44	-0.46	-0.54
Retained Earnings	0.92	0.69	0.11	0.31	0.43	0.96	0.71		0.38	0.68	0.48	0.37	0.92	-0.88	0.55	0.9	-0.01	-0.76	0.49	0.88	0.25	0.82	0.16	0.86	-0.78	-0.11
Cash	0.58	0.71	0.88	0.9	-0.18	0.51	0.53	0.38		0.87	0.7	0.95	0.47	-0.7	0.87	0.56	-0.57	-0.7	0.9	0.59	0.64	0.65	0.78	0.4	-0.51	-0.25
Non Current Assets Total	0.8	0.9	0.73	0.86	-0.02	0.78	0.8	0.68	0.87		0.72	0.79	0.7	-0.9	0.94	0.74	-0.38	-0.88	0.94	0.72	0.73	0.78	0.7	0.57	-0.71	-0.34
Non Currrent Assets Other	0.64	0.59	0.55	0.66	0.0	0.52	0.48	0.48	0.7	0.72		0.59	0.35	-0.57	0.63	0.73	-0.5	-0.62	0.66	0.54	0.55	0.84	0.77	0.32	-0.28	-0.42
Cash And Short Term Investments	0.58	0.57	0.79	0.8	0.04	0.53	0.38	0.37	0.95	0.79	0.59		0.51	-0.64	0.74	0.56	-0.43	-0.55	0.78	0.67	0.51	0.59	0.67	0.45	-0.6	0.07
Net Receivables	0.89	0.66	0.28	0.44	0.36	0.94	0.65	0.92	0.47	0.7	0.35	0.51		-0.9	0.59	0.85	0.0	-0.75	0.56	0.92	0.33	0.73	0.19	0.93	-0.89	0.03
Common Stock Shares Outstanding	-0.87	-0.87	-0.54	-0.7	-0.08	-0.9	-0.82	-0.88	-0.7	-0.9	-0.57	-0.64	-0.9		-0.85	-0.83	0.22	0.94	-0.83	-0.84	-0.57	-0.81	-0.51	-0.82	0.83	0.29
Non Current Liabilities Total	0.68	0.94	0.78	0.87	-0.33	0.62	0.85	0.55	0.87	0.94	0.63	0.74	0.59	-0.85		0.59	-0.57	-0.91	0.99	0.58	0.74	0.7	0.72	0.44	-0.53	-0.49
Inventory	0.94	0.66	0.3	0.48	0.38	0.91	0.61	0.9	0.56	0.74	0.73	0.56	0.85	-0.83	0.59		-0.21	-0.74	0.58	0.93	0.37	0.95	0.41	0.79	-0.71	-0.08
Other Current Assets	-0.17	-0.52	-0.46	-0.46	0.57	0.02	-0.44	-0.01	-0.57	-0.38	-0.5	-0.43	0.0	0.22	-0.57	-0.21		0.44	-0.55	-0.11	-0.39	-0.38	-0.51	0.16	-0.23	0.42
Other Stockholder Equity	-0.75	-0.94	-0.57	-0.73	0.17	-0.75	-0.9	-0.76	-0.7	-0.88	-0.62	-0.55	-0.75	0.94	-0.91	-0.74	0.44		-0.88	-0.66	-0.63	-0.78	-0.59	-0.66	0.62	0.54
Total Liab	0.64	0.9	0.85	0.93	-0.34	0.59	0.79	0.49	0.9	0.94	0.66	0.78	0.56	-0.83	0.99	0.58	-0.55	-0.88		0.56	0.79	0.68	0.79	0.43	-0.54	-0.48
Total Current Assets	0.95	0.61	0.34	0.47	0.44	0.94	0.54	0.88	0.59	0.72	0.54	0.67	0.92	-0.84	0.58	0.93	-0.11	-0.66	0.56		0.31	0.85	0.29	0.85	-0.82	0.13
Short Term Debt	0.42	0.68	0.73	0.85	-0.36	0.36	0.61	0.25	0.64	0.73	0.55	0.51	0.33	-0.57	0.74	0.37	-0.39	-0.63	0.79	0.31		0.43	0.73	0.19	-0.33	-0.46
Accounts Payable	0.92	0.72	0.42	0.57	0.15	0.83	0.66	0.82	0.65	0.78	0.84	0.59	0.73	-0.81	0.7	0.95	-0.38	-0.78	0.68	0.85	0.43		0.53	0.66	-0.56	-0.28
Property Plant And Equipment Gross	0.34	0.53	0.85	0.88	-0.38	0.25	0.38	0.16	0.78	0.7	0.77	0.67	0.19	-0.51	0.72	0.41	-0.51	-0.59	0.79	0.29	0.73	0.53		0.18	-0.27	-0.41
Current Deferred Revenue	0.77	0.47	0.25	0.37	0.41	0.86	0.44	0.86	0.4	0.57	0.32	0.45	0.93	-0.82	0.44	0.79	0.16	-0.66	0.43	0.85	0.19	0.66	0.18		-0.89	0.03
Common Stock Total Equity	-0.74	-0.52	-0.38	-0.51	-0.46	-0.86	-0.46	-0.78	-0.51	-0.71	-0.28	-0.6	-0.89	0.83	-0.53	-0.71	-0.23	0.62	-0.54	-0.82	-0.33	-0.56	-0.27	-0.89		-0.17
Short Term Investments	-0.11	-0.52	-0.35	-0.4	0.64	-0.05	-0.54	-0.11	-0.25	-0.34	-0.42	0.07	0.03	0.29	-0.49	-0.08	0.42	0.54	-0.48	0.13	-0.46	-0.28	-0.41	0.03	-0.17

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3M Account Relationship Matchups

3M balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	44.7B	47.3B	47.1B	46.5B	50.6B	25.6B
Short Long Term Debt Total	20.6B	19.1B	17.6B	16.2B	16.9B	17.7B
Other Current Liab	3.5B	3.8B	3.9B	3.6B	8.3B	8.7B
Total Current Liabilities	9.2B	7.9B	9.0B	9.5B	15.3B	16.1B
Total Stockholder Equity	10.1B	12.9B	15.1B	14.8B	4.8B	4.6B
Property Plant And Equipment Net	10.2B	10.3B	10.3B	10.0B	9.9B	7.1B
Net Debt	18.2B	14.4B	13.1B	12.5B	10.9B	11.5B
Retained Earnings	42.1B	43.8B	45.8B	48.0B	37.5B	22.7B
Cash	2.4B	4.6B	4.6B	3.7B	5.9B	6.2B
Non Current Assets Total	31.7B	32.4B	31.7B	31.8B	34.2B	35.9B
Non Currrent Assets Other	957M	1.4B	1.8B	2.3B	2.0B	1.3B
Cash And Short Term Investments	2.5B	5.0B	4.8B	3.9B	6.0B	6.3B
Net Receivables	4.8B	4.7B	4.7B	4.5B	4.9B	3.6B
Common Stock Shares Outstanding	585.1M	582.2M	585.3M	567.6M	553.9M	606.9M
Liabilities And Stockholders Equity	44.7B	47.3B	47.1B	46.5B	50.6B	25.6B
Non Current Liabilities Total	25.3B	26.5B	22.9B	22.2B	30.4B	31.9B
Inventory	4.1B	4.2B	5.0B	5.4B	4.8B	3.2B
Other Current Assets	891M	325M	339M	456M	149M	141.6M
Other Stockholder Equity	(23.9B)	(23.2B)	(24.0B)	(26.5B)	(25.9B)	(24.6B)
Total Liab	34.5B	34.4B	32.0B	31.7B	45.7B	48.0B
Total Current Assets	13.0B	15.0B	15.4B	14.7B	16.4B	10.0B
Short Term Debt	3.0B	1.1B	1.6B	2.2B	3.2B	3.3B
Accounts Payable	2.2B	2.6B	3.0B	3.2B	3.2B	1.6B
Property Plant And Equipment Gross	10.2B	10.3B	10.3B	26.0B	27.6B	29.0B
Accumulated Other Comprehensive Income	(8.1B)	(7.7B)	(6.8B)	(6.7B)	(6.8B)	(6.4B)
Current Deferred Revenue	430M	498M	529M	538M	572M	367.8M
Short Term Investments	98M	404M	201M	238M	53M	50.4M
Intangible Assets	6.4B	5.8B	5.3B	4.7B	4.2B	2.5B
Other Liab	7.1B	8.5B	6.9B	7.5B	8.6B	4.8B
Long Term Debt	17.5B	18.0B	16.1B	14.0B	13.1B	7.9B
Treasury Stock	(29.6B)	(29.8B)	(29.4B)	(30.5B)	(27.4B)	(26.0B)
Property Plant Equipment	9.3B	9.4B	10.3B	10.0B	11.5B	8.3B
Good Will	13.4B	13.8B	13.5B	12.8B	12.9B	8.3B
Net Tangible Assets	(9.8B)	(6.8B)	(3.7B)	(2.8B)	(2.5B)	(2.4B)
Noncontrolling Interest In Consolidated Entity	63M	64M	71M	48M	43.2M	41.0M
Retained Earnings Total Equity	42.1B	43.8B	45.8B	48.0B	55.1B	40.0B
Capital Surpluse	5.9B	6.2B	6.4B	6.7B	7.7B	5.4B

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When determining whether 3M Company is a strong investment it is important to analyze 3M's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:

How To Invest In 3M

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Is 3M Stock a good investment?

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What is 3M's Net Worth?

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When running 3M's price analysis, check to measure 3M's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.

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Is 3M's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.744

Dividend Share

Earnings Share

(12.63)

Revenue Per Share

59.002

Quarterly Revenue Growth

(0.01)

The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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3M Historical Balance Sheet

3M Inventory

3.17 Billion

About 3M Balance Sheet Analysis

3M Balance Sheet Chart

Total Assets

Total Current Liabilities

Accumulated Depreciation

3M balance sheet Correlations

3M Account Relationship Matchups

High Positive Relationship

High Negative Relationship

3M balance sheet Accounts

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 0.99	Non Current Liabilities Total
Net Debt	+ 0.97	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.96	Total Assets
Total Current Liabilities	+ 0.96	Other Current Liab
Retained Earnings	+ 0.96	Property Plant And Equipment Net
Total Current Assets	+ 0.95	Total Assets

Other Stockholder Equity	- 0.94	Short Long Term Debt Total
Other Stockholder Equity	- 0.91	Non Current Liabilities Total
Common Stock Shares Outstanding	- 0.9	Net Receivables
Common Stock Shares Outstanding	- 0.9	Non Current Assets Total
Other Stockholder Equity	- 0.9	Net Debt
Common Stock Shares Outstanding	- 0.9	Property Plant And Equipment Net