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Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise.com
Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise.com
beta
Latest Financials
Filings:
Category
Date
Search Filings
Institutional Holders
beta
Earnings Transcripts
beta
Global Search
SEC Edgar
3M CO
Notes
Support
about
terms
Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise.com
beta
Latest Financials
Filings:
Category
Date
Search Filings
Institutional Holders
beta
Earnings Transcripts
beta
Global Search
SEC Edgar
3M CO
Notes
Support
about
terms
$
MMM
3M CO
CIK:
0000066740
|
SEC Filings
Income Statement
Cash Flow
Balance Sheet
v3.26.1
Consolidated Statement of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]
Net sales
$ 6,500
$ 6,344
$ 12,530
$ 12,298
Operating expenses
Cost of sales
3,817
3,646
7,391
7,124
Selling, general and administrative expenses
1,061
1,267
1,805
2,212
Research, development and related expenses
302
288
610
573
Loss on business divestitures
336
3
343
3
Total operating expenses
5,516
5,204
10,149
9,912
Operating income
984
1,140
2,381
2,386
Other expense (income), net
(136)
217
383
78
Income before income taxes
1,120
923
1,998
2,308
Provision for income taxes
183
245
404
510
Income of consolidated group
937
678
1,594
1,798
Income from unconsolidated subsidiaries, net of taxes
1
47
3
49
Net income including noncontrolling interest
938
725
1,597
1,847
Less: net income attributable to noncontrolling interest
5
2
11
8
Net income attributable to 3M
$ 933
$ 723
$ 1,586
$ 1,839
Earnings per share attributable to 3M common shareholders:
Weighted average 3M common shares outstanding — basic (in shares)
519.7
537.4
524.4
540.6
Earnings per share — basic (in dollars per share)
$ 1.79
$ 1.35
$ 3.02
$ 3.40
Weighted average 3M common shares outstanding — diluted (in shares)
522.4
540.6
527.6
544.2
Earnings per share — diluted (in dollars per share)
$ 1.78
$ 1.34
$ 3.01
$ 3.38
v3.26.1
Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
6 Months Ended
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Cash flows from operating activities
Net income including noncontrolling interest
$ 938
$ 725
$ 1,597
$ 1,847
Adjustments to reconcile net income including noncontrolling interest to net cash provided by (used in) operating activities
Depreciation and amortization
661
580
Company pension and postretirement contributions
(73)
(61)
Company pension and postretirement expense
73
135
Stock-based compensation expense
121
129
Loss on business divestitures
336
3
343
3
Deferred income taxes
120
217
Changes in assets and liabilities
Accounts receivable
(414)
(419)
Inventories
(132)
(240)
Accounts payable
421
182
Other — net
(1,157)
(3,406)
Net cash provided by (used in) operating activities
1,560
(1,033)
Cash flows from investing activities
Purchases of property, plant and equipment (PP&E)
(448)
(444)
Proceeds from sale of PP&E and other assets
14
21
Purchases of marketable securities and investments
(294)
(419)
Proceeds from maturities and sale of marketable securities and investments
622
2,130
Proceeds from (payments for) sale of businesses, net of cash sold
(326)
5
Other — net
9
(3)
Net cash provided by (used in) investing activities
(423)
1,290
Cash flows from financing activities
Repayment of debt (maturities greater than 90 days)
0
(1,250)
Proceeds from debt (maturities greater than 90 days)
0
1,099
Purchases of treasury stock
(2,993)
(2,227)
Proceeds from issuance of treasury stock pursuant to stock option and benefit plans
364
988
Dividends paid to shareholders
(813)
(786)
Other — net
(16)
(15)
Net cash provided by (used in) financing activities
(3,458)
(2,191)
Effect of exchange rate changes on cash and cash equivalents
(5)
46
Net increase (decrease) in cash and cash equivalents, including cash classified within assets held for sale
(2,326)
(1,888)
Less: net increase (decrease) in cash classified within assets held for sale
(46)
0
Net increase (decrease) in cash and cash equivalents
(2,280)
(1,888)
Cash and cash equivalents at beginning of year
5,235
5,600
$ 5,600
Cash and cash equivalents at end of period
$ 2,955
$ 3,712
$ 2,955
$ 3,712
$ 5,235
v3.26.1
Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets
Cash and cash equivalents
$ 2,955
$ 5,235
Marketable securities
375
698
Accounts receivable — net of allowances of $51 and $61
3,927
3,533
Inventories
3,770
3,661
Prepaids
492
391
Assets held for sale
0
46
Other current assets
2,593
2,823
Total current assets
14,112
16,387
Property, plant and equipment — net
6,877
7,101
Goodwill
6,374
6,419
Intangible assets — net
1,053
1,103
Other assets
6,508
6,723
Total assets
34,924
37,733
Current liabilities
Short-term borrowings and current portion of long-term debt
1,647
1,670
Accounts payable
3,108
2,702
Accrued payroll
522
718
Liabilities held for sale
0
55
Other current liabilities
6,102
4,450
Total current liabilities
11,379
9,595
Long-term debt
10,904
10,932
Pension and postretirement benefits
1,502
1,631
Other liabilities
8,134
10,828
Total liabilities
31,919
32,986
Commitments and contingencies (Note 15)
3M Company shareholders’ equity:
Common stock
9
9
Additional paid-in capital
7,540
7,440
Retained earnings
38,633
38,258
Treasury stock, at cost
(38,177)
(35,936)
Accumulated other comprehensive income (loss)
(5,053)
(5,069)
Total 3M Company shareholders’ equity
2,952
4,702
Noncontrolling interest
53
45
Total equity
3,005
4,747
Total liabilities and equity
$ 34,924
$ 37,733