3M 2015 Annual Report Download - page 52
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TableofContents
ConsolidatedBalanceSheet
3MCompanyandSubsidiaries
AtDecember31
(Dollarsinmillions,exceptpershareamount) 2015 2014
Assets
Currentassets
Cashandcashequivalents $ 1,798 $ 1,897
Marketablesecurities—current 118 1,439
Accountsreceivable—netofallowancesof$91and$94 4,154 4,238
Inventories
Finishedgoods 1,655 1,723
Workinprocess 1,008 1,081
Rawmaterialsandsupplies 855 902
Totalinventories 3,518 3,706
Othercurrentassets 1,398 1,023
Totalcurrentassets 10,986 12,303
Marketablesecurities—non-current 9 15
Investments 117 102
Property,plantandequipment 23,098 22,841
Less:Accumulateddepreciation (14,583) (14,352)
Property,plantandequipment—net 8,515 8,489
Goodwill 9,249 7,050
Intangibleassets—net 2,601 1,435
Prepaidpensionbenefits 188 46
Otherassets 1,053 1,769
Totalassets $ 32,718 $ 31,209
Liabilities
Currentliabilities
Short-termborrowingsandcurrentportionoflong-termdebt $ 2,044 $ 106
Accountspayable 1,694 1,807
Accruedpayroll 644 732
Accruedincometaxes 332 435
Othercurrentliabilities 2,404 2,884
Totalcurrentliabilities 7,118 5,964
Long-termdebt 8,753 6,705
Pensionandpostretirementbenefits 3,520 3,843
Otherliabilities 1,580 1,555
Totalliabilities $ 20,971 $ 18,067
Commitmentsandcontingencies(Note14)
Equity
3MCompanyshareholders’equity:
Commonstock,parvalue$.01pershare $ 9 $ 9
Sharesoutstanding-2015:609,330,124
Sharesoutstanding-2014:635,134,594
Additionalpaid-incapital 4,791 4,379
Retainedearnings 36,575 34,317
Treasurystock (23,308) (19,307)
Accumulatedothercomprehensiveincome(loss) (6,359) (6,289)
Total3MCompanyshareholders’equity 11,708 13,109
Noncontrollinginterest 39 33
Totalequity $ 11,747 $ 13,142
Totalliabilitiesandequity $ 32,718 $ 31,209
TheaccompanyingNotestoConsolidatedFinancialStatementsareanintegralpartofthisstatement.
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