Market Summary
USD98.99-1.24
Market Closed-1.24%
MMM Stock Price
MMM RSI Chart
MMM Valuation
MMM Price/Sales (Trailing)
MMM Profitability
MMM Fundamentals
MMM Revenue
MMM Earnings
Price Action
52 Week Range
92.38130.63
(Low)(High)
Last 7 days
-2.0%
Last 30 days
-0.2%
Last 90 days
-1.4%
Trailing 12 Months
-12.9%
MMM Financial Health
MMM Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for MMM
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-09 | Choi Audrey | acquired | 138,370 | 104 | 1,328 | - |
2023-07-28 | Fitterling James R | acquired | 38,530 | 111 | 346 | - |
2023-07-28 | ESKEW MICHAEL L | acquired | 43,750 | 111 | 393 | - |
2023-06-30 | Lavers Jeffrey R | acquired | 779,000 | 100 | 7,783 | group president |
2023-06-30 | Patolawala Monish D | sold (taxes) | -274,447 | 100 | -2,742 | evp, cfo & transformation off |
2023-06-30 | Patolawala Monish D | acquired | 601,841 | 100 | 6,013 | evp, cfo & transformation off |
2023-06-30 | Lavers Jeffrey R | sold (taxes) | -361,825 | 100 | -3,615 | group president |
2023-05-18 | Ashish Khandpur K | sold | -936,306 | 99.2691 | -9,432 | group president |
2023-05-09 | PIZARRO PEDRO | acquired | 185,000 | 102 | 1,807 | - |
2023-05-09 | PAGE GREGORY R | acquired | 185,000 | 102 | 1,807 | - |
Which funds bought or sold MMM recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-19 | BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL | reduced | -9.03 | -571,319 | 3,699,860 | 1.55% |
2023-09-18 | CAPE ANN SAVINGS BANK | reduced | -8.79 | -76,553 | 505,721 | 0.34% |
2023-09-13 | CGC Financial Services, LLC | new | - | 17,803 | 17,803 | 0.01% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -11.79 | -30,085 | 157,985 | 0.04% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | reduced | -28.73 | -6,113 | 12,912 | -% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 1,350,920 | 1,350,920 | 0.07% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | -30.00 | 601 | -% |
2023-09-05 | Westshore Wealth, LLC | sold off | -100 | -426,585 | - | -% |
2023-09-05 | SILVIA MCCOLL WEALTH MANAGEMENT, LLC | unchanged | - | -15,025 | 299,569 | 0.28% |
2023-09-01 | Portside Wealth Group, LLC | new | - | 463,774 | 463,774 | 0.09% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of 3M
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 8.48% | 46,872,159 | SC 13G/A | |
| Feb 07, 2023 | blackrock inc. | 7.7% | 42,491,138 | SC 13G/A | |
| Feb 06, 2023 | state street corp | 6.04% | 33,382,422 | SC 13G/A | |
| Feb 09, 2022 | state street corp | 5.38% | 30,984,983 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 8.72% | 50,240,763 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 7.3% | 41,810,186 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 7.81% | 45,041,350 | SC 13G/A | |
| Feb 05, 2021 | state street corp | 5.21% | 30,053,465 | SC 13G | |
| Jan 29, 2021 | blackrock inc. | 7.1% | 41,174,440 | SC 13G/A | |
| Feb 13, 2020 | state street corp | 7.36% | 42,320,337 | SC 13G |
Recent SEC filings of 3M
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 18, 2023 | 8-K | Current Report | |
| Sep 06, 2023 | 3 | Insider Trading | |
| Sep 06, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 8-K | Current Report | |
| Aug 25, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 22, 2023 | 8-K | Current Report | |
| Aug 11, 2023 | 8-K | Current Report | |
| Aug 11, 2023 | 3 | Insider Trading | |
| Aug 11, 2023 | 4 | Insider Trading | |
| Jul 28, 2023 | 4 | Insider Trading |
MMM Fair Value
Loading...
Peers (Alternatives to 3M)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
GE | 134.2B | 62.5B | 2.53% | 72.85% | 596.62 | 1.75 | 10.18% | 328.56% |
HON | 129.1B | 36.1B | 4.01% | 11.52% | 23.68 | 3.57 | 4.90% | 7.32% |
MMM | 54.6B | 33.1B | -0.20% | -12.91% | -37.3 | 1.65 | -5.79% | -135.30% |
ROP | 53.7B | 5.8B | 3.74% | 33.18% | 18.51 | 9.29 | 13.84% | 1.28% |
IEP | 3.5B | 11.7B | -1.97% | -52.46% | -3.7 | 0.27 | -6.96% | -571.83% |
| MID-CAP | ||||||||
ST | 7.2B | 4.1B | -0.45% | -8.12% | 23.31 | 1.8 | 5.44% | 52.99% |
AYI | 5.2B | 4.1B | 2.89% | 1.62% | 13.79 | 1.29 | 4.21% | 3.22% |
| SMALL-CAP | ||||||||
SPLP | 944.7M | 1.8B | 0.55% | 4.68% | 4.59 | 0.56 | 7.39% | 30.87% |
TRNS | 830.6M | 236.5M | 10.58% | 46.44% | 78.62 | 3.51 | 11.65% | -1.85% |
AMOT | 543.5M | 557.8M | -12.77% | -4.22% | 23.24 | 0.97 | 27.41% | 60.00% |
FCEL | 538.1M | 41.4M | -21.43% | -68.97% | -30.62 | 12.98 | -60.61% | 85.88% |
HURC | 138.1M | 229.6M | 0.19% | -8.71% | 31.61 | 0.6 | -9.20% | -52.65% |
APT | 50.1M | 56.9M | -6.01% | 5.24% | 18.12 | 0.88 | -9.32% | -22.79% |
3M News
Returns for MMM
Cumulative Returns on MMM
0.9%
10-Year Cumulative Returns
-5.3%
7-Year Cumulative Returns
-11.6%
5-Year Cumulative Returns
-13.8%
3-Year Cumulative Returns
Risks for MMM
What is the probability of a big loss on MMM?
76.9%
Probability that 3M stock will be more than 20% underwater in next one year
38.1%
Probability that 3M stock will be more than 30% underwater in next one year.
1.1%
Probability that 3M stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does MMM drawdown profile look like?
Y-axis is the maximum loss one would have experienced if 3M was unfortunately bought at previous high price.
Drawdowns
Financials for 3M
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -1.1% | 33,054 | 33,431 | 34,229 | 34,762 | 35,085 | 35,333 | 35,355 | 35,326 | 34,734 | 32,960 | 32,184 | 32,141 | 32,098 | 32,056 | 32,013 | 31,970 | 32,131 | 32,350 | 32,765 | 32,810 | 32,830 |
| Cost Of Revenue | -2.6% | 18,532 | 19,019 | 19,232 | 19,345 | 19,470 | 19,096 | 18,795 | 18,485 | 17,935 | 17,021 | 16,605 | 16,542 | 16,427 | 16,935 | 17,136 | 16,871 | 16,842 | 16,756 | 16,682 | 16,716 | 16,616 |
| Costs and Expenses | 31.8% | 35,983 | 27,292 | 27,690 | 27,239 | 29,930 | 28,317 | 27,986 | 27,724 | 27,011 | 25,468 | 25,023 | 25,075 | 24,614 | 25,647 | 25,962 | 25,338 | 25,494 | 25,014 | 25,558 | 25,597 | 25,625 |
| S&GA Expenses | 103.5% | 18,053 | 8,872 | 9,049 | 8,727 | 8,548 | 7,271 | 7,197 | 7,263 | 7,121 | 6,969 | 6,929 | 6,979 | 6,757 | 6,849 | 7,029 | 6,771 | 6,863 | 6,977 | 7,602 | 7,675 | 7,765 |
| EBITDA | -100.0% | - | 8,288 | 8,685 | 9,702 | 7,364 | 8,776 | 9,119 | 9,277 | 9,351 | 9,495 | 9,151 | 8,609 | 8,668 | 8,341 | 7,753 | 8,071 | 8,046 | 8,954 | 8,838 | - | - |
| EBITDA Margin | -100.0% | - | 0.25* | 0.25* | 0.28* | 0.21* | 0.25* | 0.26* | 0.26* | 0.27* | 0.29* | 0.28* | 0.27* | 0.28* | 0.26* | 0.24* | 0.25* | 0.25* | 0.28* | 0.27* | - | - |
| Interest Expenses | 3.4% | 488 | 472 | 462 | 465 | 476 | 469 | 488 | 511 | 522 | 538 | 529 | 512 | 493 | 467 | 448 | 419 | 395 | 372 | 350 | 421 | 393 |
| Earnings Before Taxes | -151.9% | -3,105 | 5,978 | 6,392 | 7,359 | 4,984 | 6,862 | 7,204 | 7,371 | 7,440 | 7,152 | 6,795 | 6,207 | 6,347 | 6,143 | 5,643 | 6,220 | 6,219 | 7,123 | 7,000 | 6,952 | 6,984 |
| EBT Margin | -100.0% | - | 0.18* | 0.19* | 0.21* | 0.14* | 0.19* | 0.20* | 0.21* | 0.21* | 0.21* | 0.21* | 0.20* | 0.20* | 0.19* | 0.18* | 0.19* | 0.19* | 0.22* | 0.21* | 0.21* | 0.21* |
| Net Income | -126.9% | -1,465 | 5,454 | 5,777 | 6,575 | 4,150 | 5,596 | 5,921 | 5,971 | 5,967 | 5,749 | 5,433 | 5,013 | 5,166 | 4,987 | 4,570 | 4,948 | 4,908 | 5,638 | 5,349 | 4,525 | 4,411 |
| Net Income Margin | -100.0% | - | 0.16* | 0.17* | 0.19* | 0.12* | 0.16* | 0.17* | 0.17* | 0.17* | 0.17* | 0.17* | 0.16* | 0.16* | 0.15* | 0.14* | 0.15* | 0.15* | 0.17* | 0.16* | 0.14* | 0.13* |
| Free Cashflow | -100.0% | - | 4,055 | 3,842 | 3,875 | 4,310 | 5,060 | 5,851 | 6,495 | 7,076 | 7,109 | 6,612 | 6,319 | 5,880 | 5,595 | 5,371 | 5,298 | 5,387 | 5,680 | 4,862 | 4,536 | 4,199 |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 4.3% | 48,880 | 46,886 | 46,455 | 46,176 | 45,634 | 45,855 | 47,072 | 48,278 | 48,307 | 47,180 | 47,344 | 45,390 | 45,079 | 46,212 | 44,659 | 42,550 | 38,969 | 39,140 | 36,500 | 37,275 | 36,778 |
| Current Assets | 5.3% | 15,754 | 14,963 | 14,688 | 14,895 | 14,514 | 14,452 | 15,403 | 16,426 | 16,343 | 15,345 | 14,982 | 14,110 | 14,106 | 15,090 | 12,971 | 18,020 | 14,051 | 14,374 | 13,709 | 14,419 | 13,890 |
| Cash Equivalents | 11.3% | 4,258 | 3,824 | 3,655 | - | 2,722 | 3,247 | 4,564 | - | - | - | - | - | - | - | - | 7,731 | 2,849 | 2,938 | 2,853 | 3,185 | 2,801 |
| Inventory | -0.5% | 5,280 | 5,306 | 5,372 | 5,615 | 5,645 | 5,290 | 4,985 | 4,950 | 4,842 | 4,458 | 4,239 | 3,984 | 4,168 | 4,217 | 4,134 | 4,007 | 4,300 | 4,538 | 4,366 | 4,437 | 4,238 |
| Net PPE | -0.4% | 9,211 | 9,247 | 9,178 | 9,196 | 9,319 | 9,389 | 9,429 | 9,323 | 9,358 | 9,240 | 9,421 | 9,216 | 9,089 | 9,165 | 9,333 | 8,891 | 8,998 | 8,829 | 8,738 | 8,630 | 8,645 |
| Goodwill | 0.1% | 12,869 | 12,855 | 12,790 | 12,669 | 13,064 | 13,368 | 13,486 | 13,597 | 13,722 | 13,654 | 13,802 | 13,535 | 13,360 | 13,312 | 13,444 | 10,410 | 10,574 | 10,611 | 10,051 | 10,123 | 10,107 |
| Liabilities | 30.1% | 41,023 | 31,535 | 31,685 | 32,020 | 31,818 | 30,851 | 31,955 | 33,748 | 33,791 | 33,352 | 34,413 | 33,447 | 34,164 | 36,003 | 34,533 | 31,786 | 28,827 | 29,383 | 26,652 | 26,964 | 26,350 |
| Current Liabilities | 3.6% | 10,936 | 10,556 | 9,523 | 9,543 | 9,896 | 9,152 | 9,035 | 9,635 | 9,440 | 8,363 | 7,948 | 7,410 | 7,282 | 9,134 | 9,222 | 7,821 | 7,265 | 7,125 | 7,244 | 7,336 | 8,902 |
| LT Debt, Non Current | 0.0% | 12,954 | 12,948 | 14,001 | 13,849 | 14,019 | 14,801 | 16,056 | 16,193 | 16,267 | 16,819 | 17,989 | 18,429 | 19,276 | 19,247 | 17,518 | 17,479 | 14,914 | 15,580 | 13,411 | 13,539 | 11,294 |
| Shareholder's Equity | -49.2% | 7,798 | 15,351 | 14,722 | 14,080 | 13,816 | 15,004 | 15,117 | 14,530 | 14,516 | 13,828 | 12,931 | 11,959 | 10,925 | 10,214 | 10,126 | 10,764 | 10,142 | 9,757 | 9,848 | 10,311 | 10,428 |
| Retained Earnings | -16.0% | 40,290 | 47,966 | 47,950 | 48,245 | 45,269 | 46,056 | 45,821 | 45,361 | 44,824 | 44,255 | 43,821 | 43,285 | 42,759 | 42,345 | 42,135 | 42,085 | 41,362 | 41,159 | 40,636 | 40,120 | 39,442 |
| Additional Paid-In Capital | 0.6% | 6,858 | 6,816 | 6,691 | 6,654 | 6,607 | 6,559 | 6,429 | 6,383 | 6,337 | 6,283 | 6,162 | 6,116 | 6,074 | 6,024 | 5,907 | 5,861 | 5,812 | 5,755 | 5,643 | 5,597 | 5,550 |
| Accumulated Depreciation | 1.2% | 17,248 | 17,049 | 16,820 | 17,470 | 17,694 | 17,768 | 17,784 | 17,888 | 17,774 | 17,465 | 17,229 | 17,236 | 16,854 | 16,835 | 16,791 | 16,617 | 16,567 | 16,295 | 16,135 | 16,135 | 16,113 |
| Shares Outstanding | 0.1% | 552 | 552 | 549 | 553 | 571 | 572 | 572 | 580 | 581 | 581 | 578 | 578 | 577 | 577 | 575 | 577 | 578 | 578 | 577 | 586 | 591 |
| Minority Interest | 11.3% | 59.00 | 53.00 | 48.00 | 76.00 | 74.00 | 74.00 | 71.00 | 70.00 | 68.00 | 68.00 | 64.00 | 63.00 | 58.00 | 62.00 | 63.00 | 62.00 | 59.00 | 54.00 | 52.00 | 63.00 | 63.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 6.5% | 6,237 | 5,855 | 5,591 | 5,674 | 6,017 | 6,777 | 7,454 | 7,964 | 8,570 | 8,588 | 8,113 | 7,936 | 7,478 | 7,235 | 7,070 | 6,990 | 7,107 | 7,344 | 6,439 | 6,041 | 5,652 |
| Share Based Compensation | -2.3% | 257 | 263 | 263 | 273 | 272 | 278 | 274 | 273 | 274 | 273 | 262 | 264 | 268 | 268 | 278 | 274 | 276 | 273 | 302 | 316 | 326 |
| Cashflow From Investing | 27.2% | -851 | -1,169 | -1,046 | -543 | -1,088 | -1,211 | -1,317 | -1,691 | -1,825 | -574 | -580 | -5,620 | -5,007 | -5,594 | -6,444 | -1,561 | -1,920 | -1,284 | 222 | -2,094 | -2,606 |
| Cashflow From Financing | 6.1% | -3,767 | -4,012 | -5,350 | -6,447 | -6,813 | -6,948 | -6,145 | -5,535 | -6,333 | -7,659 | -5,300 | -5,949 | -1,048 | -274 | -1,124 | -825 | -5,082 | -6,489 | -6,701 | -3,505 | -2,895 |
| Dividend Payments | -0.6% | 3,324 | 3,344 | 3,369 | 3,398 | 3,404 | 3,414 | 3,420 | 3,420 | 3,411 | 3,399 | 3,388 | 3,368 | 3,349 | 3,333 | 3,316 | 3,275 | 3,241 | 3,213 | 3,193 | 3,105 | 3,012 |
| Buy Backs | 0% | 720 | 720 | 1,464 | 1,866 | 2,238 | 2,741 | 2,199 | 1,263 | 736 | 234 | 368 | 530 | 672 | 1,071 | 1,407 | 2,512 | 3,434 | 4,634 | 4,870 | 4,105 | 3,421 |
MMM Income Statement
2023-06-30Consolidated Statement of Income (Loss) - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Net sales | $ 8,325 | $ 8,702 | $ 16,356 | $ 17,531 |
| Operating expenses | ||||
| Cost of sales | 4,606 | 5,093 | 9,219 | 9,919 |
| Selling, general and administrative expenses | 12,204 | 3,023 | 13,909 | 4,905 |
| Research, development and related expenses | 473 | 476 | 945 | 956 |
| Total operating expenses | 17,283 | 8,592 | 24,073 | 15,780 |
| Operating income (loss) | (8,958) | 110 | (7,717) | 1,751 |
| Other expense (income), net | 65 | 50 | 117 | 88 |
| Income (loss) before income taxes | (9,023) | 60 | (7,834) | 1,663 |
| Provision (benefit) for income taxes | (2,184) | (23) | (1,974) | 279 |
| Income (loss) of consolidated group | (6,839) | 83 | (5,860) | 1,384 |
| Income (loss) from unconsolidated subsidiaries, net of taxes | 3 | (1) | 5 | 1 |
| Net income (loss) including noncontrolling interest | (6,836) | 82 | (5,855) | 1,385 |
| Less: Net income (loss) attributable to noncontrolling interest | 5 | 4 | 10 | 8 |
| Net income (loss) attributable to 3M | $ (6,841) | $ 78 | $ (5,865) | $ 1,377 |
| Weighted average 3M common shares outstanding - basic (in shares) | 553.9 | 571.0 | 553.3 | 571.6 |
| Earnings (loss) per share attributable to 3M common shareholders — basic (in dollars per share) | $ (12.35) | $ 0.14 | $ (10.60) | $ 2.41 |
| Weighted average 3M common shares outstanding - diluted (in shares) | 553.9 | 572.7 | 553.3 | 573.8 |
| Earnings (loss) per share attributable to 3M common shareholders — diluted (in dollars per share) | $ (12.35) | $ 0.14 | $ (10.60) | $ 2.40 |
MMM Balance Sheet
2023-06-30Consolidated Balance Sheet - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 4,258 | $ 3,655 |
| Marketable securities — current | 56 | 238 |
| Accounts receivable — net of allowances of $160 and $174 | 4,947 | 4,532 |
| Inventories | ||
| Finished goods | 2,526 | 2,497 |
| Work in process | 1,527 | 1,606 |
| Raw materials and supplies | 1,227 | 1,269 |
| Total inventories | 5,280 | 5,372 |
| Prepaids | 674 | 435 |
| Other current assets | 539 | 456 |
| Total current assets | 15,754 | 14,688 |
| Property, plant and equipment | 26,459 | 25,998 |
| Less: Accumulated depreciation | (17,248) | (16,820) |
| Property, plant and equipment — net | 9,211 | 9,178 |
| Operating lease right of use assets | 812 | 829 |
| Goodwill | 12,869 | 12,790 |
| Intangible assets — net | 4,470 | 4,699 |
| Other assets | 5,764 | 4,271 |
| Total assets | 48,880 | 46,455 |
| Current liabilities | ||
| Short-term borrowings and current portion of long-term debt | 3,033 | 1,938 |
| Accounts payable | 3,231 | 3,183 |
| Accrued payroll | 785 | 692 |
| Accrued income taxes | 172 | 259 |
| Operating lease liabilities — current | 244 | 261 |
| Other current liabilities | 3,471 | 3,190 |
| Total current liabilities | 10,936 | 9,523 |
| Long-term debt | 12,954 | 14,001 |
| Pension and postretirement benefits | 1,912 | 1,966 |
| Operating lease liabilities | 570 | 580 |
| Other liabilities | 14,651 | 5,615 |
| Total liabilities | 41,023 | 31,685 |
| Commitments and contingencies (Note 14) | ||
| 3M Company shareholders’ equity: | ||
| Common stock | 9 | 9 |
| Additional paid-in capital | 6,858 | 6,691 |
| Retained earnings | 40,290 | 47,950 |
| Treasury stock, at cost: | (32,926) | (33,255) |
| Accumulated other comprehensive income (loss) | (6,433) | (6,673) |
| Total 3M Company shareholders’ equity | 7,798 | 14,722 |
| Noncontrolling interest | 59 | 48 |
| Total equity | 7,857 | 14,770 |
| Total liabilities and equity | $ 48,880 | $ 46,455 |
3M Company operates as a diversified technology company worldwide. It operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. The Transportation and Electronics segment provides ceramic solutions; attachment tapes, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; and reflective signage for highway, and vehicle safety. The Healthcare segment offers food safety indicator solutions; health care procedure coding and reimbursement software; skin, wound care, and infection prevention products and solutions; dentistry and orthodontia solutions; and filtration and purification systems. The Consumer segment provides consumer bandages, braces, supports and consumer respirators; cleaning products for the home; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. The company was founded in 1902 and is based in St. Paul, Minnesota.