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Analysis of Inventory
3M Co., balance sheet: inventory
US$ in millions
|Dec 31, 2020||Dec 31, 2019||Dec 31, 2018||Dec 31, 2017||Dec 31, 2016|
|Work in process|
|Raw materials and supplies|
|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.’s inventories decreased from 2018 to 2019 but then slightly increased from 2019 to 2020.|