Stock Analysis on Net
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: Liabilities and Stockholders’ Equity

3M Co., common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Short-term borrowings and current portion of long-term debt 2.78 1.70 6.26 3.32 4.88
Accounts payable 6.36 5.41 4.99 6.21 5.12
Accrued payroll 2.17 1.58 1.57 2.05 2.29
Accrued income taxes 0.55 0.63 0.43 0.67 0.82
Current operating lease liabilities 0.56 0.54 0.55 0.00 0.00
Accrued rebates 1.55 1.35 1.33 1.53 1.36
Deferred revenue 1.12 1.05 0.96 1.69 1.35
Derivative liabilities 0.05 0.17 0.04 0.09 0.36
Employee benefits and withholdings 0.47 0.41 0.51 0.62 0.55
Contingent liability claims and other 1.03 1.17 1.27 0.67 0.47
Property, sales-related and other taxes 0.69 0.65 0.55 0.75 0.73
Pension and postretirement benefits 0.17 0.15 0.15 0.21 0.18
Current obligations of finance leases 0.01 0.05 0.05 0.05 0.03
Other 1.68 1.92 1.98 2.00 2.10
Other current liabilities 6.78% 6.92% 6.84% 7.60% 7.13%
Current liabilities 19.19% 16.79% 20.65% 19.85% 20.24%
Long-term debt, excluding current portion 34.11 38.00 39.23 36.74 31.84
Pension and postretirement benefits 6.10 9.30 8.76 8.18 9.53
Noncurrent operating lease liabilities 1.26 1.29 1.36 0.00 0.00
Long term income taxes payable 2.81 3.19 3.37 3.49 3.39
Employee benefits 0.85 0.87 0.70 0.82 0.84
Contingent liability claims and other 1.85 1.72 1.76 2.16 1.91
Finance leases, net of current obligations 0.20 0.20 0.25 0.21 0.16
Deferred income taxes 0.97 0.70 0.67 0.76 0.62
Other 0.54 0.63 0.58 0.81 0.88
Other liabilities 7.23% 7.31% 7.33% 8.25% 7.80%
Noncurrent liabilities 48.69% 55.90% 56.68% 53.17% 49.17%
Total liabilities 67.89% 72.69% 77.33% 73.02% 69.41%
Common stock par value, $.01 par value 0.02 0.02 0.02 0.02 0.02
Additional paid-in capital 13.66 13.02 13.23 15.46 14.09
Retained earnings 97.34 92.43 94.35 111.33 102.97
Treasury stock, at cost -64.72 -62.11 -66.84 -81.17 -68.15
Accumulated other comprehensive loss -14.34 -16.18 -18.22 -18.81 -18.50
Total 3M Company shareholders’ equity 31.96% 27.18% 22.53% 26.84% 30.44%
Noncontrolling interest 0.15 0.14 0.14 0.14 0.16
Total equity 32.11% 27.31% 22.67% 26.98% 30.59%
Total liabilities and equity 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 liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. 3M Co. current liabilities as a percentage of total liabilities and equity decreased from 2019 to 2020 but then increased from 2020 to 2021 not reaching 2019 level.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. 3M Co. noncurrent liabilities as a percentage of total liabilities and equity decreased from 2019 to 2020 and from 2020 to 2021.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. 3M Co. total liabilities as a percentage of total liabilities and equity decreased from 2019 to 2020 and from 2020 to 2021.
Total 3M Company shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. 3M Co. total 3M Company shareholders’ equity as a percentage of total liabilities and equity increased from 2019 to 2020 and from 2020 to 2021.