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MMM
3M COIndustrialsanswer key
| field | SEC value | XBRL concept | printed on |
|---|---|---|---|
| Total revenue | $24.9B | RevenueFromContractWithCustomerExcludingAssessedTax | Net sales |
| Operating income | $4.6B | OperatingIncomeLoss | Operating income (loss) |
| Net income attributable to the company | $3.3B | NetIncomeLoss | Net income (loss) from continuing operations attributable to 3M · Net income (loss) attributable to 3M |
| Diluted EPS | $6.00 | EarningsPerShareDiluted | Earnings (loss) per share from continuing operations - diluted · Earnings (loss) per share - diluted |
| Cash and cash equivalents | $5.2B | CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents | Cash and cash equivalents |
| Total assets | $37.7B | Assets | Total assets · Total liabilities and equity |
| Total liabilities | $33.0B | Liabilities | Total liabilities |
| Total shareholders' equity attributable to the company | $4.7B | StockholdersEquity | Total 3M Company shareholders’ equity |
| Net cash from operating activities | $2.3B | NetCashProvidedByUsedInOperatingActivities | Net cash provided by (used in) operating activities |
| Net cash from investing activities | $1.4B | NetCashProvidedByUsedInInvestingActivities | Net cash provided by (used in) investing activities |
| Net cash from financing activities | -$4.0B | NetCashProvidedByUsedInFinancingActivities | Net cash provided by (used in) financing activities |
Income statement
table #29 · score 51.5 vs 26.8 runner-up · in millions| Years ended December 31, | |||
| (Millions, except per share amounts) | 2025 | 2024 | 2023 |
| Net sales | 24,948 | 24,575 | 24,610 |
| Operating expenses | |||
| Cost of sales | 14,991 | 14,447 | 14,983 |
| Selling, general and administrative expenses | 3,997 | 4,221 | 19,198 |
| Research, development and related expenses | 1,169 | 1,085 | 1,154 |
| Loss (gain) on business divestitures | 162 | - | (36) |
| Total operating expenses | 20,319 | 19,753 | 35,299 |
| Operating income (loss) | 4,629 | 4,822 | (10,689) |
| Other expense (income), net | 416 | 3 | 582 |
| Income (loss) from continuing operations before income taxes | 4,213 | 4,819 | (11,271) |
| Provision (benefit) for income taxes | 1,003 | 804 | (2,867) |
| Income (loss) from continuing operations of consolidated group | 3,210 | 4,015 | (8,404) |
| Income from unconsolidated subsidiaries, net of taxes | 52 | 9 | 18 |
| Net income (loss) from continuing operations including noncontrolling interest | 3,262 | 4,024 | (8,386) |
| Less: net income attributable to noncontrolling interest | 12 | 15 | 16 |
| Net income (loss) from continuing operations attributable to 3M | 3,250 | 4,009 | (8,402) |
| Net income from discontinued operations, net of taxes | - | 164 | 1,407 |
| Net income (loss) attributable to 3M | 3,250 | 4,173 | (6,995) |
| Earnings (loss) per share attributable to 3M common shareholders: | |||
| Weighted average 3M common shares outstanding - basic | 537.4 | 550.8 | 553.9 |
| Earnings (loss) per share from continuing operations - basic | 6.05 | 7.28 | (15.17) |
| Earnings per share from discontinued operations - basic | - | 0.30 | 2.54 |
| Earnings (loss) per share - basic | 6.05 | 7.58 | (12.63) |
| Weighted average 3M common shares outstanding - diluted | 541.3 | 552.4 | 553.9 |
| Earnings (loss) per share from continuing operations - diluted | 6.00 | 7.26 | (15.17) |
| Earnings per share from discontinued operations - diluted | - | 0.29 | 2.54 |
| Earnings (loss) per share - diluted | 6.00 | 7.55 | (12.63) |
Balance sheet
table #31 · score 54.3 vs 10 runner-up · in millions| (Dollars in millions, except per share amount) | December 31, 2025 | December 31, 2024 |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | 5,235 | 5,600 |
| Marketable securities | 698 | 2,128 |
| Accounts receivable - net of allowances of $61 and $60 | 3,533 | 3,194 |
| Inventories | ||
| Finished goods | 1,744 | 1,849 |
| Work in process | 1,126 | 1,051 |
| Raw materials and supplies | 791 | 798 |
| Total inventories | 3,661 | 3,698 |
| Prepaids | 391 | 493 |
| Assets held for sale | 46 | - |
| Other current assets | 2,823 | 771 |
| Total current assets | 16,387 | 15,884 |
| Property, plant and equipment | 23,922 | 23,406 |
| Less: accumulated depreciation | (16,821) | (16,018) |
| Property, plant and equipment - net | 7,101 | 7,388 |
| Goodwill | 6,419 | 6,281 |
| Intangible assets - net | 1,103 | 1,210 |
| Other assets | 6,723 | 9,105 |
| Total assets | 37,733 | 39,868 |
| Liabilities | ||
| Current liabilities | ||
| Short-term borrowings and current portion of long-term debt | 1,670 | 1,919 |
| Accounts payable | 2,702 | 2,660 |
| Accrued payroll | 718 | 712 |
| Liabilities held for sale | 55 | - |
| Other current liabilities | 4,450 | 5,965 |
| Total current liabilities | 9,595 | 11,256 |
| Long-term debt | 10,932 | 11,125 |
| Pension and postretirement benefits | 1,631 | 1,813 |
| Other liabilities | 10,828 | 11,780 |
| Total liabilities | 32,986 | 35,974 |
| Commitments and contingencies (Note 17) | ||
| Equity | ||
| 3M Company shareholders’ equity: | ||
| Common stock par value, $.01 per share; 944,033,056 shares issued | 9 | 9 |
| Shares outstanding - December 31, 2025: 530,279,131 December 31, 2024: 539,470,303 | ||
| Additional paid-in capital | 7,440 | 7,229 |
| Retained earnings | 38,258 | 36,797 |
| Treasury stock, at cost | (35,936) | (34,462) |
| Accumulated other comprehensive income (loss) | (5,069) | (5,731) |
| Total 3M Company shareholders’ equity | 4,702 | 3,842 |
| Noncontrolling interest | 45 | 52 |
| Total equity | 4,747 | 3,894 |
| Total liabilities and equity | 37,733 | 39,868 |
Cash flow statement
table #33 · score 53.8 vs 10 runner-up · in millions| Years ended December 31, | |||
| (Millions) | 2025 | 2024 | 2023 |
| Cash flows from operating activities | |||
| Net income (loss) including noncontrolling interest | 3,262 | 4,188 | (6,979) |
| Adjustments to reconcile net income including noncontrolling interest to net cash provided by operating activities | |||
| Depreciation and amortization | 1,308 | 1,363 | 1,987 |
| Company pension and postretirement contributions | (145) | (154) | (152) |
| Company pension and postretirement expense | 272 | 1,035 | 145 |
| Stock-based compensation expense | 225 | 289 | 274 |
| Loss (gain) on business divestitures | 162 | - | (36) |
| Deferred income taxes | 418 | 321 | (3,855) |
| Changes in assets and liabilities | |||
| Accounts receivable | (211) | 114 | (170) |
| Inventories | 139 | 41 | 567 |
| Accounts payable | 21 | 46 | 138 |
| Other - net | (3,145) | (5,424) | 14,761 |
| Net cash provided by (used in) operating activities | 2,306 | 1,819 | 6,680 |
| Cash flows from investing activities | |||
| Purchases of property, plant and equipment (PP&E) | (910) | (1,181) | (1,615) |
| Proceeds from sale of PP&E and other assets | 95 | 61 | 119 |
| Purchases of marketable securities and investments | (1,305) | (4,153) | (1,466) |
| Proceeds from maturities and sale of marketable securities and investments | 3,468 | 2,074 | 1,660 |
| Proceeds from sale of businesses, net of cash sold | 5 | - | 60 |
| Other - net | (3) | (7) | 35 |
| Net cash provided by (used in) investing activities | 1,350 | (3,206) | (1,207) |
| Cash flows from financing activities | |||
| Change in short-term debt - net | - | (205) | 205 |
| Repayment of debt (maturities greater than 90 days) | (1,815) | (2,656) | (3,086) |
| Proceeds from debt (maturities greater than 90 days) | 1,099 | 8,367 | 2,835 |
| Purchases of treasury stock | (3,251) | (1,801) | (33) |
| Proceeds from issuance of treasury stock pursuant to stock option and benefit plans | 1,562 | 92 | 264 |
| Dividends paid to shareholders | (1,562) | (1,982) | (3,311) |
| Cash transferred to Solventum related to separation, net | - | (621) | - |
| Other - net | (49) | (96) | (21) |
| Net cash provided by (used in) financing activities | (4,016) | 1,098 | (3,147) |
| Effect of exchange rate changes on cash and cash equivalents | 41 | (44) | (48) |
| Net increase (decrease) in cash and cash equivalents, including cash classified within assets held for sale | (319) | (333) | 2,278 |
| Less: net increase (decrease) in cash classified within assets held for sale | 46 | - | - |
| Net increase (decrease) in cash and cash equivalents | (365) | (333) | 2,278 |
| Cash and cash equivalents at beginning of year | 5,600 | 5,933 | 3,655 |
| Cash and cash equivalents at end of period | 5,235 | 5,600 | 5,933 |