tickertape
← runs

MMM

3M COeval run
10-K for period ending 2025-12-31gpt-6-luna@none · prompt v4$0.00062.3s11/11 correct vs SECfiling on sec.gov ↗

figures

fieldvaluestatement rowprintedSEC
Total revenue$24.9BR2 Net sales24,948 millions$24.9B ✓
Operating income$4.6BR9 Operating income (loss)4,629 millions$4.6B ✓
Net income attributable to the company$3.3BR19 Net income (loss) attributable to 3M3,250 millions$3.3B ✓
Diluted EPS$6.00R28 Earnings (loss) per share - diluted6.00$6.00 ✓
Cash and cash equivalents$5.2BR3 Cash and cash equivalents5,235 millions$5.2B ✓
Total assets$37.7BR21 Total assets37,733 millions$37.7B ✓
Total liabilities$33.0BR33 Total liabilities32,986 millions$33.0B ✓
Total shareholders' equity attributable to the company$4.7BR43 Total 3M Company shareholders’ equity4,702 millions$4.7B ✓
Net cash from operating activities$2.3BR16 Net cash provided by (used in) operating activities2,306 millions$2.3B ✓
Net cash from investing activities$1.4BR24 Net cash provided by (used in) investing activities1,350 millions$1.4B ✓
Net cash from financing activities-$4.0BR34 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

trace

  1. 0locator (code)0.19s
    {
  "tables": 124,
  "exhibits": [],
  "documents": 1
}
    {
  "income": {
    "rows": 29,
    "scale": 1000000,
    "score": 51.5,
    "heading": "e Company’s auditor since 1975. 39 Table of Contents 3M Company and Subsidiaries Consolidated Statement of Income (Loss)",
    "tableIndex": 29,
    "runnerUpScore": 26.75
  },
  "balance": {
    "rows": 47,
    "scale": 1000000,
    "score": 54.25,
    "heading": "ents are an integral part of this statement. 41 Table of Contents 3M Company and Subsidiaries Consolidated Balance Sheet",
    "tableIndex": 31,
    "runnerUpScore": 10
  },
  "cashflow": {
    "rows": 41,
    "scale": 1000000,
    "score": 53.75,
    "heading": "tegral part of this statement. 43 Table of Contents 3M Company and Subsidiaries Consolidated Statement of Cash Flows (a)",
    "tableIndex": 33,
    "runnerUpScore": 10
  }
}
  2. 1cash flow agent1.33s · 1582 tokens · $0.0002
    {
  "rows": 41,
  "retryHint": null,
  "tableIndex": 33
}
    {
  "figures": [
    {
      "note": "This is the operating activities section total, including changes in assets and liabilities.",
      "field": "operatingCashFlow",
      "scale": 1000000,
      "value": 2306000000,
      "printed": "2,306",
      "rowIndex": 16,
      "rowLabel": "Net cash provided by (used in) operating activities",
      "priorValue": 1819000000,
      "agentPrinted": "2,306",
      "failedChecks": [],
      "priorPrinted": "1,819",
      "groundingMismatch": false
    },
    {
      "note": "This is the investing activities section total.",
      "field": "investingCashFlow",
      "scale": 1000000,
      "value": 1350000000,
      "printed": "1,350",
      "rowIndex": 24,
      "rowLabel": "Net cash provided by (used in) investing activities",
      "priorValue": -3206000000,
      "agentPrinted": "1,350",
      "failedChecks": [],
      "priorPrinted": "(3,206)",
      "groundingMismatch": false
    },
    {
      "note": "This is the financing activities section total.",
      "field": "financingCashFlow",
      "scale": 1000000,
      "value": -4016000000,
      "printed": "(4,016)",
      "rowIndex": 34,
      "rowLabel": "Net cash provided by (used in) financing activities",
      "priorValue": 1098000000,
      "agentPrinted": "(4,016)",
      "failedChecks": [],
      "priorPrinted": "1,098",
      "groundingMismatch": false
    }
  ],
  "statement": "cashflow",
  "tableIndex": 33,
  "priorColumn": 1,
  "currentColumn": 0
}
  3. 2income statement agent1.64s · 1681 tokens · $0.0002
    {
  "rows": 29,
  "retryHint": null,
  "tableIndex": 29
}
    {
  "figures": [
    {
      "note": "Net sales is the statement’s company-wide revenue line.",
      "field": "revenue",
      "scale": 1000000,
      "value": 24948000000,
      "printed": "24,948",
      "rowIndex": 2,
      "rowLabel": "Net sales",
      "priorValue": 24575000000,
      "agentPrinted": "24,948",
      "failedChecks": [],
      "priorPrinted": "24,575",
      "groundingMismatch": false
    },
    {
      "note": "This is the printed operating income line.",
      "field": "operatingIncome",
      "scale": 1000000,
      "value": 4629000000,
      "printed": "4,629",
      "rowIndex": 9,
      "rowLabel": "Operating income (loss)",
      "priorValue": 4822000000,
      "agentPrinted": "4,629",
      "failedChecks": [],
      "priorPrinted": "4,822",
      "groundingMismatch": false
    },
    {
      "note": "This line reports net income attributable to 3M, excluding noncontrolling interests.",
      "field": "netIncome",
      "scale": 1000000,
      "value": 3250000000,
      "printed": "3,250",
      "rowIndex": 19,
      "rowLabel": "Net income (loss) attributable to 3M",
      "priorValue": 4173000000,
      "agentPrinted": "3,250",
      "failedChecks": [],
      "priorPrinted": "4,173",
      "groundingMismatch": false
    },
    {
      "note": "This is total diluted earnings per share, rather than the continuing-operations component.",
      "field": "epsDiluted",
      "scale": 1,
      "value": 6,
      "printed": "6.00",
      "rowIndex": 28,
      "rowLabel": "Earnings (loss) per share - diluted",
      "priorValue": 7.55,
      "agentPrinted": "6.00",
      "failedChecks": [],
      "priorPrinted": "7.55",
      "groundingMismatch": false
    }
  ],
  "statement": "income",
  "tableIndex": 29,
  "priorColumn": 1,
  "currentColumn": 0
}
  4. 3balance sheet agent1.85s · 1527 tokens · $0.0002
    {
  "rows": 47,
  "retryHint": null,
  "tableIndex": 31
}
    {
  "figures": [
    {
      "note": "This is the printed cash and cash equivalents balance.",
      "field": "cash",
      "scale": 1000000,
      "value": 5235000000,
      "printed": "5,235",
      "rowIndex": 3,
      "rowLabel": "Cash and cash equivalents",
      "priorValue": 5600000000,
      "agentPrinted": "5,235",
      "failedChecks": [],
      "priorPrinted": "5,600",
      "groundingMismatch": false
    },
    {
      "note": "This row explicitly reports total assets.",
      "field": "totalAssets",
      "scale": 1000000,
      "value": 37733000000,
      "printed": "37,733",
      "rowIndex": 21,
      "rowLabel": "Total assets",
      "priorValue": 39868000000,
      "agentPrinted": "37,733",
      "failedChecks": [],
      "priorPrinted": "39,868",
      "groundingMismatch": false
    },
    {
      "note": "This is the separate total liabilities line, not total liabilities and equity.",
      "field": "totalLiabilities",
      "scale": 1000000,
      "value": 32986000000,
      "printed": "32,986",
      "rowIndex": 33,
      "rowLabel": "Total liabilities",
      "priorValue": 35974000000,
      "agentPrinted": "32,986",
      "failedChecks": [],
      "priorPrinted": "35,974",
      "groundingMismatch": false
    },
    {
      "note": "This reports shareholders’ equity attributable to 3M Company, excluding noncontrolling interest.",
      "field": "totalEquity",
      "scale": 1000000,
      "value": 4702000000,
      "printed": "4,702",
      "rowIndex": 43,
      "rowLabel": "Total 3M Company shareholders’ equity",
      "priorValue": 3842000000,
      "agentPrinted": "4,702",
      "failedChecks": [],
      "priorPrinted": "3,842",
      "groundingMismatch": false
    }
  ],
  "statement": "balance",
  "tableIndex": 31,
  "priorColumn": 1,
  "currentColumn": 0
}
  5. 4reconciler (code)0.00s
    null
    [
  {
    "name": "balance_identity",
    "detail": "total assets equals total liabilities and equity",
    "fields": [
      "totalAssets"
    ],
    "passed": true,
    "skipped": false,
    "statement": "balance"
  },
  {
    "name": "totalEquity_attribution",
    "detail": "totalEquity excludes noncontrolling interests",
    "fields": [
      "totalEquity"
    ],
    "passed": true,
    "skipped": false,
    "statement": "balance"
  },
  {
    "name": "netIncome_before_preferred",
    "detail": "net income is not the after-preferred-dividends line",
    "fields": [
      "netIncome"
    ],
    "passed": true,
    "skipped": false,
    "statement": "income"
  },
  {
    "name": "epsDiluted_total",
    "detail": "diluted EPS is for total net income",
    "fields": [
      "epsDiluted"
    ],
    "passed": true,
    "skipped": false,
    "statement": "income"
  },
  {
    "name": "netIncome_attribution",
    "detail": "netIncome excludes noncontrolling interests",
    "fields": [
      "netIncome"
    ],
    "passed": true,
    "skipped": false,
    "statement": "income"
  },
  {
    "name": "cash_flow_tie",
    "detail": "operating + investing + financing (+ FX) equals the net change in cash",
    "fields": [
      "operatingCashFlow",
      "investingCashFlow",
      "financingCashFlow"
    ],
    "passed": true,
    "skipped": false,
    "statement": "cashflow"
  }
]

Income statement

table #29 · current period is figure column 1
0Years ended December 31,
1(Millions, except per share amounts)202520242023
2Net sales← Total revenue24,94824,57524,610
3Operating expenses
4Cost of sales14,99114,44714,983
5Selling, general and administrative expenses3,9974,22119,198
6Research, development and related expenses1,1691,0851,154
7Loss (gain) on business divestitures162-(36)
8Total operating expenses20,31919,75335,299
9Operating income (loss)← Operating income4,6294,822(10,689)
10Other expense (income), net4163582
11Income (loss) from continuing operations before income taxes4,2134,819(11,271)
12Provision (benefit) for income taxes1,003804(2,867)
13Income (loss) from continuing operations of consolidated group3,2104,015(8,404)
14Income from unconsolidated subsidiaries, net of taxes52918
15Net income (loss) from continuing operations including noncontrolling interest3,2624,024(8,386)
16Less: net income attributable to noncontrolling interest121516
17Net income (loss) from continuing operations attributable to 3M3,2504,009(8,402)
18Net income from discontinued operations, net of taxes-1641,407
19Net income (loss) attributable to 3M← Net income attributable to the company3,2504,173(6,995)
20Earnings (loss) per share attributable to 3M common shareholders:
21Weighted average 3M common shares outstanding - basic537.4550.8553.9
22Earnings (loss) per share from continuing operations - basic6.057.28(15.17)
23Earnings per share from discontinued operations - basic-0.302.54
24Earnings (loss) per share - basic6.057.58(12.63)
25Weighted average 3M common shares outstanding - diluted541.3552.4553.9
26Earnings (loss) per share from continuing operations - diluted6.007.26(15.17)
27Earnings per share from discontinued operations - diluted-0.292.54
28Earnings (loss) per share - diluted← Diluted EPS6.007.55(12.63)

Balance sheet

table #31 · current period is figure column 1
0(Dollars in millions, except per share amount)December 31, 2025December 31, 2024
1Assets
2Current assets
3Cash and cash equivalents← Cash and cash equivalents5,2355,600
4Marketable securities6982,128
5Accounts receivable - net of allowances of $61 and $603,5333,194
6Inventories
7Finished goods1,7441,849
8Work in process1,1261,051
9Raw materials and supplies791798
10Total inventories3,6613,698
11Prepaids391493
12Assets held for sale46-
13Other current assets2,823771
14Total current assets16,38715,884
15Property, plant and equipment23,92223,406
16Less: accumulated depreciation(16,821)(16,018)
17Property, plant and equipment - net7,1017,388
18Goodwill6,4196,281
19Intangible assets - net1,1031,210
20Other assets6,7239,105
21Total assets← Total assets37,73339,868
22Liabilities
23Current liabilities
24Short-term borrowings and current portion of long-term debt1,6701,919
25Accounts payable2,7022,660
26Accrued payroll718712
27Liabilities held for sale55-
28Other current liabilities4,4505,965
29Total current liabilities9,59511,256
30Long-term debt10,93211,125
31Pension and postretirement benefits1,6311,813
32Other liabilities10,82811,780
33Total liabilities← Total liabilities32,98635,974
34Commitments and contingencies (Note 17)
35Equity
363M Company shareholders’ equity:
37Common stock par value, $.01 per share; 944,033,056 shares issued99
38Shares outstanding - December 31, 2025: 530,279,131 December 31, 2024: 539,470,303
39Additional paid-in capital7,4407,229
40Retained earnings38,25836,797
41Treasury stock, at cost(35,936)(34,462)
42Accumulated other comprehensive income (loss)(5,069)(5,731)
43Total 3M Company shareholders’ equity← Total shareholders' equity attributable to the company4,7023,842
44Noncontrolling interest4552
45Total equity4,7473,894
46Total liabilities and equity37,73339,868

Cash flow statement

table #33 · current period is figure column 1
0Years ended December 31,
1(Millions)202520242023
2Cash flows from operating activities
3Net income (loss) including noncontrolling interest3,2624,188(6,979)
4Adjustments to reconcile net income including noncontrolling interest to net cash provided by operating activities
5Depreciation and amortization1,3081,3631,987
6Company pension and postretirement contributions(145)(154)(152)
7Company pension and postretirement expense2721,035145
8Stock-based compensation expense225289274
9Loss (gain) on business divestitures162-(36)
10Deferred income taxes418321(3,855)
11Changes in assets and liabilities
12Accounts receivable(211)114(170)
13Inventories13941567
14Accounts payable2146138
15Other - net(3,145)(5,424)14,761
16Net cash provided by (used in) operating activities← Net cash from operating activities2,3061,8196,680
17Cash flows from investing activities
18Purchases of property, plant and equipment (PP&E)(910)(1,181)(1,615)
19Proceeds from sale of PP&E and other assets9561119
20Purchases of marketable securities and investments(1,305)(4,153)(1,466)
21Proceeds from maturities and sale of marketable securities and investments3,4682,0741,660
22Proceeds from sale of businesses, net of cash sold5-60
23Other - net(3)(7)35
24Net cash provided by (used in) investing activities← Net cash from investing activities1,350(3,206)(1,207)
25Cash flows from financing activities
26Change in short-term debt - net-(205)205
27Repayment of debt (maturities greater than 90 days)(1,815)(2,656)(3,086)
28Proceeds from debt (maturities greater than 90 days)1,0998,3672,835
29Purchases of treasury stock(3,251)(1,801)(33)
30Proceeds from issuance of treasury stock pursuant to stock option and benefit plans1,56292264
31Dividends paid to shareholders(1,562)(1,982)(3,311)
32Cash transferred to Solventum related to separation, net-(621)-
33Other - net(49)(96)(21)
34Net cash provided by (used in) financing activities← Net cash from financing activities(4,016)1,098(3,147)
35Effect of exchange rate changes on cash and cash equivalents41(44)(48)
36Net increase (decrease) in cash and cash equivalents, including cash classified within assets held for sale(319)(333)2,278
37Less: net increase (decrease) in cash classified within assets held for sale46--
38Net increase (decrease) in cash and cash equivalents(365)(333)2,278
39Cash and cash equivalents at beginning of year5,6005,9333,655
40Cash and cash equivalents at end of period5,2355,6005,933