MMM

3M COeval run

10-K for period ending 2025-12-31gpt-6-luna@none · prompt v4$0.00083.6sfiling on sec.gov ↗

figures

field	value	statement row	printed	SEC
Total revenue	$24.9B	R2 Net sales	24,948 millions	$24.9B ✓
Operating income	$4.6B	R9 Operating income (loss)	4,629 millions	$4.6B ✓
Net income attributable to the company	$3.3B	R19 Net income (loss) attributable to 3M	3,250 millions	$3.3B ✓
Diluted EPS	$6.00	R28 Earnings (loss) per share - diluted	6.00	$6.00 ✓
Cash and cash equivalents	$5.2B	R3 Cash and cash equivalents	5,235 millions	$5.2B ✓
Total assets	$37.7B	R21 Total assets	37,733 millions	$37.7B ✓
Total liabilities	$33.0B	R33 Total liabilities	32,986 millions	$33.0B ✓
Total shareholders' equity attributable to the company	$4.7B	R43 Total 3M Company shareholders’ equity	4,702 millions	$4.7B ✓
Net cash from operating activities	$2.3B	R16 Net cash provided by (used in) operating activities	2,306 millions	$2.3B ✓
Net cash from investing activities	$1.4B	R24 Net cash provided by (used in) investing activities	1,350 millions	$1.4B ✓
Net cash from financing activities	-$4.0B	R34 Net cash provided by (used in) financing activities	(4,016) millions	-$4.0B ✓

checks

assets = liabilities + equity · total assets equals total liabilities and equity
equity excludes minority interests · totalEquity excludes noncontrolling interests
net income is before preferred dividends · net income is not the after-preferred-dividends line
diluted EPS is for total net income · diluted EPS is for total net income
net income excludes minority interests · netIncome excludes noncontrolling interests
cash flows tie to the change in cash · operating + investing + financing (+ FX) equals the net change in cash

management's claims

No year-over-year claims about the headline figures were found in management's discussion.

trace

0locator (code)0.20s

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Income statement

table #29 · current period is figure column 1

0	Years ended December 31,
1	(Millions, except per share amounts)	2025	2024	2023
2	Net sales← Total revenue	24,948	24,575	24,610
3	Operating expenses
4	Cost of sales	14,991	14,447	14,983
5	Selling, general and administrative expenses	3,997	4,221	19,198
6	Research, development and related expenses	1,169	1,085	1,154
7	Loss (gain) on business divestitures	162	-	(36)
8	Total operating expenses	20,319	19,753	35,299
9	Operating income (loss)← Operating income	4,629	4,822	(10,689)
10	Other expense (income), net	416	3	582
11	Income (loss) from continuing operations before income taxes	4,213	4,819	(11,271)
12	Provision (benefit) for income taxes	1,003	804	(2,867)
13	Income (loss) from continuing operations of consolidated group	3,210	4,015	(8,404)
14	Income from unconsolidated subsidiaries, net of taxes	52	9	18
15	Net income (loss) from continuing operations including noncontrolling interest	3,262	4,024	(8,386)
16	Less: net income attributable to noncontrolling interest	12	15	16
17	Net income (loss) from continuing operations attributable to 3M	3,250	4,009	(8,402)
18	Net income from discontinued operations, net of taxes	-	164	1,407
19	Net income (loss) attributable to 3M← Net income attributable to the company	3,250	4,173	(6,995)
20	Earnings (loss) per share attributable to 3M common shareholders:
21	Weighted average 3M common shares outstanding - basic	537.4	550.8	553.9
22	Earnings (loss) per share from continuing operations - basic	6.05	7.28	(15.17)
23	Earnings per share from discontinued operations - basic	-	0.30	2.54
24	Earnings (loss) per share - basic	6.05	7.58	(12.63)
25	Weighted average 3M common shares outstanding - diluted	541.3	552.4	553.9
26	Earnings (loss) per share from continuing operations - diluted	6.00	7.26	(15.17)
27	Earnings per share from discontinued operations - diluted	-	0.29	2.54
28	Earnings (loss) per share - diluted← Diluted EPS	6.00	7.55	(12.63)

Balance sheet

table #31 · current period is figure column 1

0	(Dollars in millions, except per share amount)	December 31, 2025	December 31, 2024
1	Assets
2	Current assets
3	Cash and cash equivalents← Cash and cash equivalents	5,235	5,600
4	Marketable securities	698	2,128
5	Accounts receivable - net of allowances of $61 and $60	3,533	3,194
6	Inventories
7	Finished goods	1,744	1,849
8	Work in process	1,126	1,051
9	Raw materials and supplies	791	798
10	Total inventories	3,661	3,698
11	Prepaids	391	493
12	Assets held for sale	46	-
13	Other current assets	2,823	771
14	Total current assets	16,387	15,884
15	Property, plant and equipment	23,922	23,406
16	Less: accumulated depreciation	(16,821)	(16,018)
17	Property, plant and equipment - net	7,101	7,388
18	Goodwill	6,419	6,281
19	Intangible assets - net	1,103	1,210
20	Other assets	6,723	9,105
21	Total assets← Total assets	37,733	39,868
22	Liabilities
23	Current liabilities
24	Short-term borrowings and current portion of long-term debt	1,670	1,919
25	Accounts payable	2,702	2,660
26	Accrued payroll	718	712
27	Liabilities held for sale	55	-
28	Other current liabilities	4,450	5,965
29	Total current liabilities	9,595	11,256
30	Long-term debt	10,932	11,125
31	Pension and postretirement benefits	1,631	1,813
32	Other liabilities	10,828	11,780
33	Total liabilities← Total liabilities	32,986	35,974
34	Commitments and contingencies (Note 17)
35	Equity
36	3M Company shareholders’ equity:
37	Common stock par value, $.01 per share; 944,033,056 shares issued	9	9
38	Shares outstanding - December 31, 2025: 530,279,131 December 31, 2024: 539,470,303
39	Additional paid-in capital	7,440	7,229
40	Retained earnings	38,258	36,797
41	Treasury stock, at cost	(35,936)	(34,462)
42	Accumulated other comprehensive income (loss)	(5,069)	(5,731)
43	Total 3M Company shareholders’ equity← Total shareholders' equity attributable to the company	4,702	3,842
44	Noncontrolling interest	45	52
45	Total equity	4,747	3,894
46	Total liabilities and equity	37,733	39,868

Cash flow statement

table #33 · current period is figure column 1

0	Years ended December 31,
1	(Millions)	2025	2024	2023
2	Cash flows from operating activities
3	Net income (loss) including noncontrolling interest	3,262	4,188	(6,979)
4	Adjustments to reconcile net income including noncontrolling interest to net cash provided by operating activities
5	Depreciation and amortization	1,308	1,363	1,987
6	Company pension and postretirement contributions	(145)	(154)	(152)
7	Company pension and postretirement expense	272	1,035	145
8	Stock-based compensation expense	225	289	274
9	Loss (gain) on business divestitures	162	-	(36)
10	Deferred income taxes	418	321	(3,855)
11	Changes in assets and liabilities
12	Accounts receivable	(211)	114	(170)
13	Inventories	139	41	567
14	Accounts payable	21	46	138
15	Other - net	(3,145)	(5,424)	14,761
16	Net cash provided by (used in) operating activities← Net cash from operating activities	2,306	1,819	6,680
17	Cash flows from investing activities
18	Purchases of property, plant and equipment (PP&E)	(910)	(1,181)	(1,615)
19	Proceeds from sale of PP&E and other assets	95	61	119
20	Purchases of marketable securities and investments	(1,305)	(4,153)	(1,466)
21	Proceeds from maturities and sale of marketable securities and investments	3,468	2,074	1,660
22	Proceeds from sale of businesses, net of cash sold	5	-	60
23	Other - net	(3)	(7)	35
24	Net cash provided by (used in) investing activities← Net cash from investing activities	1,350	(3,206)	(1,207)
25	Cash flows from financing activities
26	Change in short-term debt - net	-	(205)	205
27	Repayment of debt (maturities greater than 90 days)	(1,815)	(2,656)	(3,086)
28	Proceeds from debt (maturities greater than 90 days)	1,099	8,367	2,835
29	Purchases of treasury stock	(3,251)	(1,801)	(33)
30	Proceeds from issuance of treasury stock pursuant to stock option and benefit plans	1,562	92	264
31	Dividends paid to shareholders	(1,562)	(1,982)	(3,311)
32	Cash transferred to Solventum related to separation, net	-	(621)	-
33	Other - net	(49)	(96)	(21)
34	Net cash provided by (used in) financing activities← Net cash from financing activities	(4,016)	1,098	(3,147)
35	Effect of exchange rate changes on cash and cash equivalents	41	(44)	(48)
36	Net increase (decrease) in cash and cash equivalents, including cash classified within assets held for sale	(319)	(333)	2,278
37	Less: net increase (decrease) in cash classified within assets held for sale	46	-	-
38	Net increase (decrease) in cash and cash equivalents	(365)	(333)	2,278
39	Cash and cash equivalents at beginning of year	5,600	5,933	3,655
40	Cash and cash equivalents at end of period	5,235	5,600	5,933