Stock Analysis on Net

3M Co. (NYSE:MMM)

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

Common-Size Balance Sheet: Assets

3M Co., common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Cash and cash equivalents 9.70 9.79 5.27 7.82 8.04
Marketable securities, current 0.43 0.85 0.22 1.04 2.83
Accounts receivable, net of allowances 9.90 9.94 10.73 13.75 12.93
Inventories 10.59 8.95 9.26 11.96 10.62
Prepaids 1.39 1.43 1.58 2.03 2.47
Derivative assets, current 0.17 0.07 0.17 0.24 0.10
Held-to-maturity debt security held in trust 0.00 0.00 1.05 0.00 0.00
Insurance related (receivables, prepaid expenses and other) 0.23 0.26 0.39 0.28 0.19
Other 0.32 0.35 0.39 0.43 0.42
Other current assets 0.72% 0.69% 2.00% 0.96% 0.70%
Current assets 32.72% 31.64% 29.04% 37.56% 37.58%
Property, plant and equipment, net 20.03 19.90 20.90 23.94 23.34
Operating lease right of use assets 1.82 1.82 1.92 0.00 0.00
Goodwill 28.65 29.15 30.10 27.54 27.68
Intangible assets, net 11.23 12.32 14.28 7.28 7.73
Deferred income taxes 1.23 1.84 1.17 1.00 1.35
Prepaid pension and post retirement 2.00 1.33 0.52 0.57 0.62
Insurance related receivables and other 0.11 0.10 0.15 0.19 0.17
Cash surrender value of life insurance policies 0.55 0.54 0.57 0.69 0.63
Equity method investments 0.27 0.28 0.16 0.19 0.18
Equity and other investments 0.28 0.17 0.28 0.32 0.21
Other 1.08 0.88 0.91 0.73 0.51
Other assets 5.54% 5.15% 3.75% 3.68% 3.67%
Noncurrent assets 67.28% 68.36% 70.96% 62.44% 62.42%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. 3M Co. current assets as a percentage of total assets increased from 2019 to 2020 and from 2020 to 2021.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. 3M Co. property, plant and equipment, net as a percentage of total assets decreased from 2019 to 2020 but then slightly increased from 2020 to 2021.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. 3M Co. noncurrent assets as a percentage of total assets decreased from 2019 to 2020 and from 2020 to 2021.