Created by EDGAR Online. Inc. 3M CO BALANCE SHEET Form Type: 10-K Period End: Dec 31, 2021 Date Filed: Feb 09, 2022 Table Of Contents Table of Contents 3M Company and Subsidiaries Consolidated Balance Sheet At December 31 (Dollars in millions, except per share amount) Assets Current assets Cash and cash equivalents 2021 2020 Marketable securities - current Accounts receivable - net of allowances of $189 and $233 Inventories Finished goods Work in process Raw materials and supplies Total inventories Prepaids Other current assets Total current assets Property, plant and equipment Less: Accumulated depreciation Property, plant and equipment - net Operating lease right of use assets Goodwill Intangible assets - net Other assets Total assets $ 4,564 $ 4,634 201 404 4,660 4,705 2,196 2,081 1,577 1,226 1,212 932 4,985 4,239 654 675 339 15,403 14,982 27,213 26,650 (17,784) (17,229) 9,429 9,421 858 13,486 5,288 13,802 5,835 2,608 2,440 $ 47,072 $ 47,344 325 864 Created by EDGAR Online, Inc. 3M CO INCOME_STATEMENT Form Type: 10-K Period End: Dec 31, 2021 Date Filed: Feb 09, 2022 Table Of Contents Table of Contents 3M Company and Subsidiaries Consolidated Statement of Income Years ended December 31 (Millions, except per share amounts) Net sales Operating expenses Cost of sales Selling, general and administrative expenses Research, development and related expenses Gain on sale of businesses 2021 2020 2019 $ 35,355 $ 32,184 $ 32,136 18,795 16,605 17,136 7,197 6,929 7,029 1,994 1,878 1,911 (389) (114) Liabilities Current liabilities Short-term borrowings and current portion of long-term debt $ 1,307 $ Accounts payable 2,994 2,561 Accrued payroll 1,020 747 806 Total operating expenses Operating income Other expense (income), net Income before income taxes 27,986 25,023 25,962 7,369 7,161 6,174 165 366 531 7,204 6,795 5,643 Accrued income taxes 260 300 Provision for income taxes 1,285 1,337 1,114 Operating lease liabilities current 263 256 Other current liabilities 3,191 3,278 Income of consolidated group 5,919 5,458 4,529 Total current liabilities 9,035 7,948 Long-term debt 16,056 17,989 Pension and postretirement benefits 2,870 4,405 Operating lease liabilities 591 Other liabilities 3,403 Total liabilities 31,955 609 3,462 34,413 Income (loss) from unconsolidated subsidiaries, net of taxes Net income including noncontrolling interest 10 5,929 (5) 5,453 4,529 Commitments and contingencies [Note 16) Equity Less: Net income (loss) attributable to noncontrolling 3M Company shareholders' equity: interest 8 4 12 Common stock par value, $.01 par value; 944,033,056 shares issued 9 9 Shares outstanding - December 31, 2021:571,845,478 Net income attributable to 3M S 5,921 $ 5,449 $ 4,517 Shares outstanding - December 31, 2020:577,749,638 Additional paid-in capital Retained earnings Treasury stock, at cost: Accumulated other comprehensive income (loss) Total 3M Company shareholders' equity Noncontrolling interest Total equity Total liabilities and equity [30,463] (6,750) 6,429 45,821 6,162 43,821 (29,404) (7,721) Weighted average 3M common shares outstanding - basic Earnings per share attributable to 3M common shareholders - basic 579.00 577.60 577.00 $ 10.23 S 9.43 $ 7.83 15,046 71 15,117 12,931 $ 47,072 $ 47,344 12,867 64 Weighted average 3M common shares outstanding - diluted Earnings per share attributable to 3M common 585.30 582.20 585.10 shareholders - diluted $ 10.12 $ 9.36 $ 7.72