Common-Size Balance Sheets Following is the balance sheet for 3M Company. Prepare common-size balance sheets for 2017 and 2016. Round answers to one decimal place.(i.e., 0.8867 = 88.7%) 3M Company and Subsidiaries Common-size Balance Sheets ($ millions) Dec. 31, 2017 Dec. 31, 2016 Cash and cash equivalents $4,129 0 % $2,678 0 % Accounts receivable 4,911 0 % 4,392 0 % Total inventories 4,034 0 % 3,385 0% Prepaids 937 0 % 821 0 % Other current assets 266 0 % 450 0 % Total current assets 14,277 0 % 11,726 0 % Property, plant and equipment, net 8,866 0 % 8,516 0 % Goodwill 10,513 0 % 9,166 0 % Intangible assets, net 2,936 0 % 2,320 0 % Other assets 1,395 0 % 1,178 0 % Total assets $37,987 0% $32,906 0% Short-term debt & current portion of L-T debt $1,853 0 % $972 0 % Accounts payable 1,945 0 % 1,798 0 % Accrued payroll 870 0 % 678 0 % Accrued income taxes 310 0 % 299 0 % Other current liabilities 2,709 0 % 2,472 0 % Total current liabilities 7,687 0 % 6,219 0 % Long-term debt 12,096 0 % 10,678 0 % Pension and postretirement benefits 3,620 0 % 4,018 0 % Other liabilities 2,962 0 % 1,648 0 % Total liabilities 26,365 0 % 22,563 0 % Total equity 11,622 0 % 10,343 0 % Total liabilities and equity $37,987 0% $32,906 0 %