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    3M Co (MMM)

    Financials

    Updated Apr 22, 2025, 5:14 PM UTC
    Income Statement - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net Sales [USD, millions]8,013.0032,6818,0034,268.006,294.006,010.0024,5755,954
    Cost of Sales [USD, millions]4,678.0018,4774,3292,727.003,647.003,744.0014,4473,478
    Selling, General and Administrative Expenses [USD, millions]1,625.0021,5261,736524.001,062.00899.004,221945
    Research, Development and Related Expenses [USD, millions]467.001,84243797.00269.00282.001,085285
    Total Operating Expenses [USD, millions]6,770.0041,8096,5023,348.004,978.004,925.0019,7534,708
    Operating Income (Loss) [USD, millions]1,243.00(9,128)1,501920.001,316.001,085.004,8221,246
    Other Expense (Income), Net [USD, millions]243.00560264(182.00)(405.00)3,905.003,582(139)
    Income (Loss) from Continuing Operations Before Income Taxes [USD, millions]1,000.00(9,688)1,2371,102.001,721.00759.004,8191,385
    Provision (Benefit) for Income Taxes [USD, millions]64.00(2,691)305118.00348.0033.00804265
    Income (Loss) from Continuing Operations of Consolidated Group [USD, millions]936.00(6,997)932984.001,373.00726.004,0151,120
    Income (Loss) from Unconsolidated Subsidiaries, Net of Taxes [USD, millions]11.001813.003.002.0092
    Net Income (Loss) from Continuing Operations Including Noncontrolling Interest [USD, millions]947.00(6,979)933987.001,376.00728.004,0241,122
    Less: Net Income (Loss) Attributable to Noncontrolling Interest [USD, millions]2.001656.004.000.00156
    Net Income (Loss) from Continuing Operations Attributable to 3M [USD, millions]945.00(6,995)928981.001,372.00728.004,0091,116
    Net Income (Loss) from Discontinued Operations, Net of Taxes [USD, millions]--223(59.00)0.000.001640
    Net Income (Loss) Attributable to 3M [USD, millions]945.00(6,995)9281,145.001,372.00728.004,1731,116
    Balance Sheet - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Cash and cash equivalents (USD, millions)5,9335,93310,91110,0836,0505,6005,6006,326
    Marketable securities — current (USD, millions)5353602551,2452,1282,128698
    Accounts receivable — net (USD, millions)4,7504,7504,7503,5753,5283,1943,1943,501
    Total inventories (USD, millions)4,8224,8224,8974,0604,0393,6983,6983,869
    Prepaids (USD, millions)485485655444470436436485
    Other current assets (USD, millions)3363363401,098967828828778
    Total current assets (USD, millions)16,37916,37921,61319,51516,29915,88415,88415,657
    Property, plant and equipment — net (USD, millions)9,1599,1599,0727,4727,5297,3887,3887,356
    Operating lease right of use assets (USD, millions)759759744610606565565587
    Other assets (USD, millions)7,1307,1306,9008,1968,8048,5408,5408,829
    Total assets (USD, millions)50,58050,58055,24343,37740,87539,86839,86839,951
    Short-term borrowings and current portion of long-term debt (USD, millions)2,9472,9478201,3021,8701,9191,9191,169
    Accounts payable (USD, millions)3,2453,2453,3722,8132,6892,6602,6602,756
    Accrued payroll (USD, millions)904904607602703712712451
    Accrued income taxes (USD, millions)365365383407473331331359
    Operating lease liabilities — current (USD, millions)225225227169168163163176
    Other current liabilities (USD, millions)7,6117,6117,7479,0525,4885,4715,4714,540
    Total current liabilities (USD, millions)15,29715,29713,15614,34511,39111,25611,2569,451
    Long-term debt (USD, millions)13,08813,08820,59311,78111,31911,12511,12512,307
    Other liabilities (USD, millions)14,32214,32213,72411,10311,31211,37511,37511,451
    Total liabilities (USD, millions)45,71245,71250,31039,38936,18135,97435,97435,428
    Total equity (USD, millions)4,8684,8684,9333,9884,6943,8943,8944,523
    Total liabilities and equity (USD, millions)50,58050,58055,24343,37740,87539,86839,86839,951
    Cash Flow - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net cash provided by (used in) operating activities (USD, millions)1,986.006,6807671,021.00(1,787.00)1,818.001,819(79)
    Purchases of property, plant and equipment (PP&E) (USD, millions)(358.00)(1,615)(375)(269.00)(246.00)(291.00)(1,181)(236)
    Other - net, investing activities (USD, millions)7.0035(28)(1.00)2.0020.00(7)15
    Net cash provided by (used in) investing activities (USD, millions)(301.00)(1,207)(393)(463.00)(1,204.00)(1,146.00)(3,206)1,220
    Purchases of treasury stock (USD, millions)(2.00)(33)(21)(400.00)(675.00)(705.00)(1,801)(1,274)
    Proceeds from issuance of treasury stock pursuant to stock option and benefit plans (USD, millions)19.002641812.0038.0024.0092905
    Dividends paid to shareholders (USD, millions)(828.00)(3,311)(835)(386.00)(383.00)(378.00)(1,982)(396)
    Other - net, financing activities (USD, millions)(5.00)(21)(50)(7.00)(26.00)(13.00)(96)(6)
    Net cash provided by (used in) financing activities (USD, millions)(924.00)(3,147)4,621(1,358.00)(1,085.00)(1,080.00)1,098(422)
    Effect of exchange rate changes on cash and cash equivalents (USD, millions)32.00(48)(17)(28.00)43.00(42.00)(44)7
    Net increase (decrease) in cash and cash equivalents (USD, millions)793.002,2784,978(828.00)(4,033.00)(450.00)(333)726
    Cash and cash equivalents at beginning of year (USD, millions)3,6553,6555,9335,9335,9335,9335,9335,600
    Cash and cash equivalents at end of period (USD, millions)5,9335,93310,91110,0836,0505,6005,6006,326
    Revenue by Segment - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Safety and Industrial2,66110,9562,7322,7592,7672,70310,9612,745
    - Abrasives3221,327328324323321,295317
    - Automotive Aftermarket3041,2373063043133121,235290
    - Electrical Markets3051,2853113253333291,298325
    - Industrial Adhesives and Tapes5312,1645185315425132,104543
    - Industrial Specialties--2842852872811,137288
    - Personal Safety8443,4878578578288293,371850
    - Roofing Granules119494128133141119521132
    Transportation and Electronics2,0898,5012,1042,1432,1391,9948,3801,990
    - Advanced Materials2871,167263244244218969218
    - Automotive and Aerospace4791,9255064814694561,912475
    - Commercial Branding and Transportation-1,7236106726595872,528616
    - Electronics7392,8637257467677332,971681
    Health Care2,0378,1952,017-----
    - Health Information Systems3121,219300-----
    - Medical Surgical (MedSurg)-4,6251,123-----
    - Dental Solutions-1,329335-----
    - Purification and Filtration-951245-----
    - Other Health Care277114-----
    Consumer1,2265,0261,1401,2631,2991,2294,9311,124
    - Consumer Safety and Well-Being--2662802852491,080274
    - Home and Auto Care3641,5833053022912931,191299
    - Home Improvement5472,2213303694163711,486326
    - Packaging and Expression--2393123073161,174225
    Corporate and Unallocated-31086819427195
    Other---48-32-
    Total Revenue8,01332,6818,0036,2556,2944,02324,5755,954
    Revenue by Geography - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Americas4,52918,3754,3753,4803,4842,06613,4053,207
    - United States3,815,100-2,8002,800-10,800-
    Asia Pacific2,0528,4632,1061,7211,7831,3846,9941,722
    - China/Hong Kong-3,200-700700-2,800-
    Europe, Middle East & Africa1,4325,8431,5221,0541,0275734,1761,025
    Latin America and Canada--------
    Other Unallocated-00-----
    Total Revenue8,01332,6818,0036,2556,2944,02324,5755,954
    KPIs - Metric (Unit, Scale)FY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Organic sales for Total Company (percentage)--3.20.0-0.3-0.1---
    Acquisitions for Total Company (percentage)-0.2%0.4%0.4%0.3%---
    Divestitures for Total Company (percentage)-(0.9)(0.1)0.80.8---
    Translation for Total Company (percentage)-(0.6)(0.6)(1.4)(0.3)---
    Total sales change for Total Company (percentage)-(4.5)%(0.3)%(0.5)%0.4%---
    Remove manufactured PFAS products special item impact for Organic sales (Total Company) (percentage)--0.81.31.1---
    Remove manufactured PFAS products special item impact for Acquisitions (Total Company) (percentage)----\u2014---
    Remove manufactured PFAS products special item impact for Divestitures (Total Company) (percentage)-(0.1)-0.10.1---
    Remove manufactured PFAS products special item impact for Translation (Total Company) (percentage)-0.1-0.0-0.1---
    Remove manufactured PFAS products special item impact for Total sales change (Total Company) (percentage)--0.81.61.1---
    Adjusted total Company (non-GAAP measures) for Organic sales (percentage)--3.2%0.8%1.0%1.0%---
    Adjusted total Company (non-GAAP measures) for Acquisitions (percentage)-0.20.40.40.3---
    Adjusted total Company (non-GAAP measures) for Divestitures (percentage)-(1.0)(0.1)0.90.9---
    Adjusted total Company (non-GAAP measures) for Translation (percentage)--0.5-0.6-1.0-0.4---
    Adjusted total Company (non-GAAP measures) for Total sales change (percentage)-(4.5)0.51.11.5---
    Organic sales for Transportation and Electronics (percentage)--3.5%2.7%-1.3%-1.2%---
    Acquisitions for Transportation and Electronics (percentage)-0.71.41.20.8---
    Divestitures for Transportation and Electronics (percentage)-(0.7)0.00.00.0---
    Translation for Transportation and Electronics (percentage)--1.0%-1.5%-1.6%-0.3%---
    Total sales change for Transportation and Electronics (percentage)--4.52.60.2-1.5---
    Remove manufactured PFAS products special item impact for Acquisitions (Transportation and Electronics) (percentage)-0.20.30.20.1---
    Remove manufactured PFAS products special item impact for Translation (Transportation and Electronics) (percentage)-0.1--0.1---
    Remove manufactured PFAS products special item impact for Total sales change (Transportation and Electronics) (percentage)--4.34.53.3---
    Adjusted Transportation and Electronics (non-GAAP measures) for Organic sales (percentage)-(3.5%)6.7%4.9%2.0%---
    Adjusted Transportation and Electronics (non-GAAP measures) for Acquisitions (percentage)-0.9%1.7%1.4%0.9%---
    Adjusted Transportation and Electronics (non-GAAP measures) for Divestitures (percentage)--0.9%------
    Adjusted Transportation and Electronics (non-GAAP measures) for Translation (percentage)--1.0%-1.5%-1.6%-0.2%---
    Adjusted Transportation and Electronics (non-GAAP measures) for Total sales change (percentage)-(4.5)%6.9%4.7%1.8%---
    Organic sales for Safety and Industrial (percentage)-(5.1)%(1.4)%1.1%0.9%---
    Acquisitions for Safety and Industrial (percentage)--------
    Divestitures for Safety and Industrial (percentage)--------
    Translation for Safety and Industrial (percentage)-(0.5)(0.3)(1.3)(0.4)---
    Total sales change for Safety and Industrial (percentage)-(5.6)%(1.7)%(0.2)%0.5%---
    Organic sales for Consumer (percentage)-(4.7)(3.9)(1.4)(0.7)---
    Acquisitions for Consumer (percentage)--------
    Divestitures for Consumer (percentage)-(0.1)------
    Translation for Consumer (percentage)--0.2-0.4-1.0-0.5---
    Total sales change for Consumer (percentage)-(5.0)(4.3)(2.4)(1.2)---