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Consolidated Balance Sheet (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
Current assets    
Cash and cash equivalents $ 3,376 $ 3,377
Marketable securities - current 1,148 1,101
Accounts receivable - net 4,385 3,615
Inventories    
Finished goods 1,703 1,476
Work in process 1,107 950
Raw materials and supplies 907 729
Total inventories 3,717 3,155
Other current assets 911 967
Total current assets 13,537 12,215
Marketable securities - non-current 407 540
Investments 166 146
Property, plant and equipment 21,188 20,253
Less: Accumulated depreciation (13,564) (12,974)
Property, plant and equipment - net 7,624 7,279
Goodwill 7,233 6,820
Intangible assets - net 2,025 1,820
Prepaid pension benefits 82 74
Other assets 1,208 1,262
Total assets 32,282 30,156
Current liabilities    
Short-term borrowings and current portion of long-term debt 1,116 1,269
Accounts payable 1,851 1,662
Accrued payroll 586 778
Accrued income taxes 365 358
Other current liabilities 2,285 2,022
Total current liabilities 6,203 6,089
Long-term debt 4,484 4,183
Pension and postretirement benefits 1,932 2,013
Other liabilities 1,921 1,854
Total liabilities 14,540 14,139
Commitments and contingencies (Note 11)    
3M Company shareholders' equity:    
Common stock par value, $.01 par value, 944,033,056 shares issued 9 9
Additional paid-in capital 3,683 3,468
Retained earnings 27,110 25,995
Treasury stock, at cost: 234,497,325 shares at June 30, 2011; 232,055,448 shares at Dec. 31, 2010 (10,511) (10,266)
Accumulated other comprehensive income (loss) (2,961) (3,543)
Total 3M Company shareholders' equity 17,330 15,663
Noncontrolling interest 412 354
Total equity 17,742 16,017
Total liabilities and equity $ 32,282 $ 30,156