3M CO
Business
3M Company is a diversified technology manufacturer with global operations across three business segments: Safety and Industrial, Transportation and Electronics, and Consumer. The company produces industrial abrasives, adhesives, tapes, personal protective equipment, automotive aftermarket solutions, display materials, electronics materials, and consumer products including cleaning supplies, air filters, office products, and health-care items. Products are distributed globally through direct sales, e-commerce, wholesalers, retailers, jobbers, distributors, and dealers across numerous end markets.
Summary from 10-K filed 2026-02-03
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 24,948 | 24,575 | 24,610 | 26,161 | 35,355 | |
| Cost of sales | 14,991 | 14,447 | 14,983 | 15,853 | 18,795 | |
| Selling, general and administrative expenses | 3,997 | 4,221 | 19,198 | 7,232 | 7,197 | |
| Research, development and related expenses | 1,169 | 1,085 | 1,154 | 1,200 | 2,000 | |
| Loss (gain) on business divestitures | 162 | 0 | −36 | −2,724 | 0 | |
| Total operating expenses | 20,319 | 19,753 | 35,299 | 21,792 | 27,986 | |
| Operating income (loss) | 4,629 | 4,822 | −10,689 | 4,369 | 7,369 | |
| Other expense (income), net | 416 | 3 | 582 | 165 | 165 | |
| Income (loss) from continuing operations before income taxes | 4,213 | 4,819 | −11,271 | 4,204 | 7,204 | |
| Provision (benefit) for income taxes | 1,003 | 804 | −2,867 | 188 | 1,285 | |
| Income (loss) from continuing operations of consolidated group | 3,210 | 4,015 | −8,404 | 4,016 | 5,919 | |
| Income from unconsolidated subsidiaries, net of taxes | 52 | 9 | 18 | 11 | 10 | |
| Net income (loss) from continuing operations including noncontrolling interest | 3,262 | 4,024 | −8,386 | 4,027 | — | |
| Less: net income attributable to noncontrolling interest | 12 | 15 | 16 | 14 | 8 | |
| Net income (loss) from continuing operations attributable to 3M | 3,250 | 4,009 | −8,402 | 4,013 | — | |
| Net income from discontinued operations, net of taxes | 0 | 164 | 1,407 | 1,764 | — | |
| Net income (loss) attributable to 3M | 3,250 | 4,173 | −6,995 | 5,777 | 5,921 | |
| Weighted average 3M common shares outstanding - basic (in shares) | 537 | 551 | 554 | 566 | 579 | |
| Earnings (loss) per share from continuing operations basic (in dollars per share) | 6.05 | 7.28 | −15.17 | 7.09 | — | |
| Earnings per share from discontinued operations basic (in dollars per share) | 0 | 0.3 | 2.54 | 3.12 | — | |
| Earnings (loss) per share basic (in dollars per share) | 6.05 | 7.58 | −12.63 | 10.21 | 10.23 | |
| Weighted average 3M common shares outstanding - diluted (in shares) | 541 | 552 | 554 | 568 | 585 | |
| Earnings (loss) per share from continuing operations diluted (in dollars per share) | 6 | 7.26 | −15.17 | 7.07 | — | |
| Earnings per share from discontinued operations diluted (in dollars per share) | 0 | 0.29 | 2.54 | 3.11 | — | |
| Earnings (loss) per share diluted (in dollars per share) | 6 | 7.55 | −12.63 | 10.18 | 10.12 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 5,235 | 5,600 | 5,735 | 3,655 | 4,564 | |
| Marketable securities | 698 | 2,128 | 50 | 238 | 201 | |
| Accounts receivable net of allowances of $61 and $60 | 3,533 | 3,194 | 3,601 | 4,532 | 4,660 | |
| Finished goods | 1,744 | 1,849 | 1,842 | 2,497 | 2,196 | |
| Work in process | 1,126 | 1,051 | 1,242 | 1,606 | 1,577 | |
| Raw materials and supplies | 791 | 798 | 860 | 1,269 | 1,212 | |
| Total inventories | 3,661 | 3,698 | 3,944 | 5,372 | 4,985 | |
| Prepaids | 391 | 493 | 344 | 435 | 654 | |
| Assets held for sale | 46 | 0 | 2,379 | — | — | |
| Other current assets | 2,823 | 771 | 326 | 456 | 339 | |
| Total current assets | 16,387 | 15,884 | 16,379 | 14,688 | 15,403 | |
| Property, plant and equipment | 23,922 | 23,406 | 23,494 | 25,998 | 27,213 | |
| Less: accumulated depreciation | −16,821 | −16,018 | −15,804 | −16,820 | −17,784 | |
| Property, plant and equipment net | 7,101 | 7,388 | 7,690 | 9,178 | 9,429 | |
| Goodwill | 6,419 | 6,281 | 6,382 | 6,337 | 13,486 | |
| Intangible assets net | 1,103 | 1,210 | 1,323 | 4,699 | 5,288 | |
| Other assets | 6,723 | 9,105 | 6,806 | 4,271 | 2,608 | |
| Total assets | 37,733 | 39,868 | — | 46,455 | 47,072 | |
| Short-term borrowings and current portion of long-term debt | 1,670 | 1,919 | 2,947 | 1,938 | 1,307 | |
| Accounts payable | 2,702 | 2,660 | 2,776 | 3,183 | 2,994 | |
| Accrued payroll | 718 | 712 | 695 | 692 | 1,020 | |
| Liabilities held for sale | 55 | 0 | 1,723 | — | — | |
| Other current liabilities | 4,450 | 5,965 | 6,660 | 3,190 | 3,191 | |
| Total current liabilities | 9,595 | 11,256 | 15,297 | 9,523 | 9,035 | |
| Long-term debt | 10,932 | 11,125 | 13,088 | 14,001 | 16,056 | |
| Pension and postretirement benefits | 1,631 | 1,813 | 2,156 | 1,966 | 2,870 | |
| Other liabilities | 10,828 | 11,780 | 14,021 | 5,615 | 3,403 | |
| Total liabilities | 32,986 | 35,974 | 45,712 | 31,685 | 31,955 | |
| Commitments and contingencies (Note 17) | — | — | — | — | — | |
| Common stock | 9 | 9 | 9 | 9 | 9 | |
| Additional paid-in capital | 7,440 | 7,229 | 6,956 | 6,691 | 6,429 | |
| Retained earnings | 38,258 | 36,797 | 37,479 | 47,950 | 45,821 | |
| Treasury stock, at cost | −35,936 | −34,462 | −32,859 | −33,255 | −30,463 | |
| Accumulated other comprehensive income (loss) | −5,069 | −5,731 | −6,778 | −6,673 | −6,750 | |
| Total 3M Company shareholders equity | 4,702 | 3,842 | 4,807 | 14,722 | 15,046 | |
| Noncontrolling interest | 45 | 52 | 61 | 48 | 71 | |
| Total equity | 4,747 | 3,894 | 4,868 | 14,770 | 15,117 | |
| Total liabilities and equity | 37,733 | 39,868 | 50,580 | 46,455 | 47,072 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 1,308 | 1,363 | 1,987 | 1,831 | 1,915 | |
| Company pension and postretirement contributions | −145 | −154 | −152 | −158 | −180 | |
| Company pension and postretirement expense | 272 | 1,035 | 145 | 178 | 206 | |
| Stock-based compensation expense | 225 | 289 | 274 | 263 | 274 | |
| Deferred income taxes | 418 | 321 | −3,855 | −663 | −166 | |
| Accounts receivable | −211 | 114 | −170 | −105 | −122 | |
| Inventories | 139 | 41 | 567 | −629 | −903 | |
| Accounts payable | 21 | 46 | 138 | 111 | 518 | |
| Other net | −3,145 | −5,424 | 14,761 | 854 | 227 | |
| Net cash provided by (used in) operating activities | 2,306 | 1,819 | 6,680 | 5,591 | 7,454 | |
| Purchases of property, plant and equipment (PP&E) | −910 | −1,181 | −1,615 | −1,749 | −1,603 | |
| Proceeds from sale of PP&E and other assets | 95 | 61 | 119 | 200 | 51 | |
| Purchases of marketable securities and investments | −1,305 | −4,153 | −1,466 | −1,250 | −2,202 | |
| Proceeds from maturities and sale of marketable securities and investments | 3,468 | 2,074 | 1,660 | 1,261 | 2,406 | |
| Proceeds from sale of businesses, net of cash sold | 5 | 0 | 60 | 13 | 0 | |
| Other net | −3 | −7 | 35 | 1 | 31 | |
| Net cash provided by (used in) investing activities | 1,350 | −3,206 | −1,207 | −1,046 | −1,317 | |
| Change in short-term debt net | 0 | −205 | 205 | 340 | −2 | |
| Repayment of debt (maturities greater than 90 days) | −1,815 | −2,656 | −3,086 | −1,179 | −1,144 | |
| Proceeds from debt (maturities greater than 90 days) | 1,099 | 8,367 | 2,835 | 1 | 1 | |
| Purchases of treasury stock | −3,251 | −1,801 | −33 | −1,464 | −2,199 | |
| Proceeds from issuance of treasury stock pursuant to stock option and benefit plans | 1,562 | 92 | 264 | 381 | 639 | |
| Dividends paid to shareholders | −1,562 | −1,982 | −3,311 | −3,369 | −3,420 | |
| Cash transferred to Solventum related to separation, net | 0 | −621 | 0 | 0 | — | |
| Other net | −49 | −96 | −21 | −60 | −20 | |
| Net cash provided by (used in) financing activities | −4,016 | 1,098 | −3,147 | −5,350 | −6,145 | |
| Effect of exchange rate changes on cash and cash equivalents | 41 | −44 | −48 | −104 | −62 | |
| Net increase (decrease) in cash and cash equivalents, including cash classified within assets held for sale | −319 | −333 | 2,278 | — | — | |
| Less: net increase (decrease) in cash classified within assets held for sale | 46 | 0 | 0 | — | — | |
| Net increase (decrease) in cash and cash equivalents | −365 | −333 | 2,278 | −909 | −70 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is 3M CO's CIK number?
3M CO's SEC CIK number is 0000066740 (66740). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find 3M CO's SEC filings?
All of 3M CO's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did 3M CO last report earnings?
3M CO (MMM) most recently filed an earnings 8-K with the SEC on Apr 21, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000066740-26-000171). This is 3M CO's most recent earnings filing of record — not a forecast of its next earnings date.
What is 3M CO's most recent earnings 8-K?
3M CO's latest earnings 8-K (Item 2.02) was filed Apr 21, 2026 under accession 0000066740-26-000171. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View 3M CO's latest earnings 8-K →
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