3M Co. (MMM)


Common-Size Statement of Financial Position, Assets
Quarterly Data

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3M Co., Common-Size Consolidated Statement of Financial Position, Assets (quarterly data)

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Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014
Cash and cash equivalents 7.51 7.82 8.54 7.62 9.05 8.04 8.03 7.82 6.53 7.29 6.78 5.08 4.05 5.50 4.83 9.50 5.84 6.07 5.89 6.26 5.82
Marketable securities, current 1.38 1.04 0.91 1.05 1.57 2.83 1.66 0.41 0.42 0.85 1.05 0.53 0.53 0.36 0.46 1.60 3.32 2.00 2.34 2.60 2.56
Accounts receivable, net 13.22 13.75 14.30 14.64 13.62 12.93 14.63 14.49 14.18 13.35 13.93 14.04 13.60 12.70 13.86 14.59 14.39 13.55 14.37 14.01 13.71
Finished goods 5.67 5.81 5.70 5.38 5.25 5.04 5.57 5.49 5.30 4.95 4.91 5.04 5.15 5.06 5.25 5.62 5.59 5.51 5.64 5.59 5.50
Work in process 3.41 3.54 3.62 3.51 3.40 3.21 3.30 3.37 3.24 3.16 3.40 3.51 3.51 3.08 3.19 3.61 3.64 3.46 3.56 3.59 3.49
Raw materials and supplies 2.51 2.61 2.58 2.63 2.48 2.37 2.41 2.44 2.31 2.18 2.30 2.32 2.34 2.61 2.72 3.03 2.86 2.88 2.83 2.87 2.85
Inventories 11.59% 11.96% 11.90% 11.52% 11.13% 10.62% 11.28% 11.30% 10.85% 10.29% 10.60% 10.87% 11.00% 10.75% 11.15% 12.26% 12.09% 11.85% 12.04% 12.05% 11.84%
Prepaids 1.82 2.03 2.00 1.94 2.16 2.47 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other current assets 1.21 0.96 1.03 1.01 0.89 0.70 3.14 3.21 3.76 3.86 3.40 3.88 3.79 4.27 4.60 4.85 5.21 4.15 4.05 3.92 4.11
Current assets 36.72% 37.56% 38.68% 37.77% 38.41% 37.58% 38.75% 37.23% 35.75% 35.63% 35.77% 34.41% 32.97% 33.58% 34.90% 42.79% 40.85% 37.63% 38.69% 38.84% 38.04%
Property, plant and equipment 64.19 68.15 66.44 67.32 65.26 65.59 69.98 71.54 71.93 71.41 70.90 71.59 71.45 70.60 68.98 72.80 73.34 73.05 70.46 69.02 69.28
Accumulated depreciation -41.63 -44.21 -43.29 -43.81 -42.28 -42.25 -45.41 -46.31 -46.24 -45.53 -45.43 -45.70 -45.33 -44.57 -43.51 -46.07 -46.30 -45.90 -44.53 -43.46 -43.55
Property, plant and equipment, net 22.56% 23.94% 23.15% 23.51% 22.98% 23.34% 24.57% 25.23% 25.68% 25.88% 25.46% 25.89% 26.12% 26.03% 25.47% 26.73% 27.04% 27.15% 25.93% 25.57% 25.73%
Operating lease right of use assets 2.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Goodwill 27.11 27.54 27.16 27.48 27.40 27.68 26.17 26.81 27.81 27.86 27.69 28.15 28.42 28.27 28.13 22.25 22.63 22.55 22.01 21.85 21.93
Intangible assets, net 7.78 7.28 7.31 7.58 7.48 7.73 6.17 6.48 6.82 7.05 7.11 7.45 7.73 7.95 7.91 4.32 4.56 4.59 4.63 4.72 4.86
Other assets 3.79 3.68 3.69 3.67 3.73 3.67 4.33 4.25 3.94 3.58 3.96 4.10 4.75 4.18 3.59 3.91 4.92 8.09 8.75 9.03 9.44
Non-current assets 63.28% 62.44% 61.32% 62.23% 61.59% 62.42% 61.25% 62.77% 64.25% 64.37% 64.23% 65.59% 67.03% 66.42% 65.10% 57.21% 59.15% 62.37% 61.31% 61.16% 61.96%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (filing date: 2019-04-26), 10-K (filing date: 2019-02-07), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-05-08), 10-K (filing date: 2018-02-08), 10-Q (filing date: 2017-10-31), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-09), 10-Q (filing date: 2016-11-01), 10-Q (filing date: 2016-08-02), 10-Q (filing date: 2016-05-03), 10-K (filing date: 2016-02-11), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-30), 10-Q (filing date: 2015-04-30), 10-K (filing date: 2015-02-12), 10-Q (filing date: 2014-10-30), 10-Q (filing date: 2014-07-31), 10-Q (filing date: 2014-05-01).

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.’s current assets as a percentage of total assets declined from Q3 2018 to Q4 2018 and from Q4 2018 to Q1 2019.
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.’s property, plant and equipment, net as a percentage of total assets increased from Q3 2018 to Q4 2018 but then declined significantly from Q4 2018 to Q1 2019.
Non-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 after one year or beyond the normal operating cycle, if longer. 3M Co.’s non-current assets as a percentage of total assets increased from Q3 2018 to Q4 2018 and from Q4 2018 to Q1 2019.