Selected balance sheet amounts for 3M Company, a manufacturer of consumer and business products, for five recent years follow.

(a) Compute the missing balance sheet amounts for each of the three years shown.

($ millions)	Current Assets	Long-term Assets	Total Assets	Current Liabilities	Long-term Liabilities	Total Liabilities	Stockholders' Equity
2001	$6,296	$Answer	$14,606	$Answer	$4,011	$8,520	$6,086
2002	6,059	9,270	Answer	4,457	4,879	Answer	5,993
2003	Answer	9,880	17,600	5,082	4,633	9,715	Answer

(b) What types of accounts would we expect to be included in current assets? In long-term assets?

Account	Category
Accounts payable	AnswerCurrent assetLong-term assetNeither
Accounts receivable	AnswerCurrent assetLong-term assetNeither
Accrued expenses	AnswerCurrent assetLong-term assetNeither
Cash	AnswerCurrent assetLong-term assetNeither
Common stock	AnswerCurrent assetLong-term assetNeither
Goodwill	AnswerCurrent assetLong-term assetNeither
Inventories	AnswerCurrent assetLong-term assetNeither
Prepaid expenses	AnswerCurrent assetLong-term assetNeither
Property, plant and equipment	AnswerCurrent assetLong-term assetNeither
Retained earnings	AnswerCurrent assetLong-term assetNeither
Trademark	AnswerCurrent assetLong-term assetNeither