3M Balance Sheet
NYSE: MMMHealth CareMedical/Dental InstrumentsUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
3M financial position
At the end of fiscal 2025, 3M reported total assets of $37.73 billion, down 5.4% from a year earlier against total liabilities of $32.99 billion. Shareholders' equity stood at $4.70 billion, or 12.5% of assets. The company held $5.24 billion in cash and equivalents against $12.60 billion of debt, a net debt position of $7.37 billion.
The current ratio (current assets divided by current liabilities) was 1.71, meaning short-term assets cover obligations due within a year. Debt-to-equity was 2.68.
Summary generated from market data by MetaCap's automated system. Methodology
3M balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 5.24B | 5.60B | 5.93B | 3.65B | 4.56B | 4.63B | — | 2.85B | 3.05B | 2.40B |
| Short-Term Investments | — | — | — | — | — | 404.00M | 98.00M | 380.00M | 1.08B | 280.00M |
| Receivables | 3.53B | 3.19B | 3.60B | 4.53B | 4.66B | 4.71B | 4.79B | 5.02B | 4.91B | 4.39B |
| Inventory | 3.66B | 3.70B | 3.94B | 5.37B | 4.99B | 4.24B | 4.13B | 4.37B | 4.03B | 3.38B |
| Total Current Assets | 16.39B | 15.88B | 16.38B | 14.69B | 15.40B | 14.98B | 12.97B | 13.71B | 14.28B | 11.73B |
| Property, Plant & Equipment | 7.10B | 7.39B | 7.69B | 9.18B | 9.43B | 9.42B | 9.33B | 8.74B | 8.87B | 8.52B |
| Goodwill | 6.42B | 6.28B | 6.38B | 6.34B | 13.49B | 13.80B | 13.44B | 10.05B | 10.51B | 9.17B |
| Intangible Assets | 1.10B | 1.21B | 1.32B | 4.70B | 5.29B | 5.83B | 6.38B | 2.66B | 2.94B | 2.32B |
| Long-Term Investments | — | — | — | — | — | 30.00M | 43.00M | 37.00M | 27.00M | — |
| Total Assets | 37.73B | 39.87B | 50.58B | 46.45B | 47.07B | 47.34B | 44.66B | 36.50B | 37.99B | 32.91B |
| Accounts Payable | 2.70B | 2.66B | 2.78B | 3.18B | 2.99B | 2.56B | 2.23B | 2.27B | 1.95B | 1.80B |
| Short-Term Debt | 1.67B | 1.92B | 2.95B | 1.94B | 1.31B | 806.00M | 2.79B | 1.21B | 1.85B | 972.00M |
| Total Current Liabilities | 9.60B | 11.26B | 15.30B | 9.52B | 9.04B | 7.95B | 9.22B | 7.24B | 7.69B | 6.22B |
| Long-Term Debt | 10.93B | 11.13B | 13.09B | 14.00B | 16.06B | 17.99B | 17.52B | 13.41B | 12.10B | 10.68B |
| Total Liabilities | 32.99B | 35.97B | 45.71B | 31.68B | 31.95B | 34.41B | 34.53B | 26.65B | 26.36B | 22.56B |
| Shareholders' Equity | 4.70B | 3.84B | 4.81B | 14.72B | 15.05B | 12.87B | 10.06B | 9.80B | 11.56B | 10.30B |
| Retained Earnings | 38.26B | 36.80B | 37.48B | 47.95B | 45.82B | 43.82B | 42.13B | 40.64B | 39.12B | 37.91B |
| Total Debt | 12.60B | 13.04B | 16.04B | 15.94B | 17.36B | 18.80B | 20.31B | 14.62B | 13.95B | 11.65B |
| Net Cash (Debt) | -7.37B | -7.44B | -10.10B | -12.28B | -12.80B | -13.76B | -20.21B | -11.39B | -9.82B | -8.97B |
| Shares Outstanding | 530.28M | 539.47M | 552.58M | 549.25M | 571.85M | 577.75M | 575.18M | 576.58M | 594.88M | 596.73M |
This table shows 10 annual periods of 3M's balance sheet, from FY 2025 back to FY 2016, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow MMM's reporting calendar. What is a balance sheet?