3M Company Balance Sheets (partial)
		2020		2019
Current assets
Cash and cash equivalents		$3,120		$1,872
Accounts receivable, net		3,350		3,135
Inventories		2,711		3,008
Other current assets		1,950		1,570
Total current assets		$11,131		$9,585
Current liabilities		$4,839		$5,842

Calculate the current ratio and working capital for 3M for 2019 and 2020. (Round current ratio to 2 decimal places, e.g. 1.25 : 1. Enter working capital answers to million.)

Current ratio
2019			:1
2020			:1
Working capital
2019		$	million
2020		$	million

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Suppose that at the end of 2020, 3M management used $197 million cash to pay off $197 million of accounts payable. How would its current ratio and working capital have changed? (Round current ratio to 2 decimal places, e.g. 1.25 : 1. Enter working capital answer to million.)

Current ratio			:1
Working capital		$	million