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Common - Size Balance Sheets Following is the balance sheet for 3 M Company. Prepare common - size balance sheets for 2 0 1 4

  

Common-Size Balance Sheets

Following is the balance sheet for 3M Company. Prepare common-size balance sheets for 2014 and 2013. 

Round answers to one decimal place. (i.e., 0.8867 = 88.7%)

3M Company and Subsidiaries

Common-size Balance Sheets

($ millions)

Dec. 31, 2014  Dec. 31, 2013

Cash and cash equivalents $2,623 Answer

0

$3,407 Answer

0

Accounts receivable 4,308 Answer

0

4,353 Answer

0

Total inventories 3,806 Answer

0

3,934 Answer

0

Other current assets 1,368 Answer

0

1,379 Answer

0

Total current assets 12,105 Answer

0

13,073 Answer

0

Investments 1,030 Answer

0

1,645 Answer

0

Property, plant and equipment, net 8,559 Answer

0

8,752 Answer

0

Goodwill 7,150 Answer

0

7,445 Answer

0

Intangible assets, net 1,505 Answer

0

1,758 Answer

0

Other assets 1,670 Answer

0

1,657 Answer

0

Total assets $32,019 Answer

0

$34,330 Answer

0

Short-term debt & current portion of L-T debt $206 Answer

0

$1,783 Answer

0

Accounts payable 1,877 Answer

0

1,869 Answer

0

Accrued payroll 832 Answer

0

808 Answer

0

Accrued income taxes 505 Answer

0

487 Answer

0

Other current liabilities 2,988 Answer

0

2,991 Answer

0

Total current liabilities 6,408 Answer

0

7,938 Answer

0

Long-term debt 6,831 Answer

0

4,396 Answer

0

Other liabilities 5,468 Answer

0

3,848 Answer

0

Total liabilities 18,707 Answer

0

16,182 Answer

0

Stockholders' equity, net 13,312 Answer

0

18,148 Answer

0

Total liabilities and stockholders' equity $32,019 Answer

0

$34,330 Answer

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