3M Co. (NYSE:MMM)

Name: 3M Co. (NYSE:MMM) | Analysis of Inventory
Creator: Stock Analysis on Net

This company has been moved to the archive! The financial data has not been updated since October 25, 2022.

Analysis of Inventory

3M Co., balance sheet: inventory

US$ in millions

	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Finished goods	2,196)	2,081)	2,003)	2,120)	1,915)
Work in process	1,577)	1,226)	1,194)	1,292)	1,218)
Raw materials and supplies	1,212)	932)	937)	954)	901)
Inventories	4,985)	4,239)	4,134)	4,366)	4,034)

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Item	Description	The company
Inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	3M Co. inventories increased from 2019 to 2020 and from 2020 to 2021.