Suppose the following financial data were reported by 3M Company for 2018 and 2019 (dollars in millions).

3M Company Balance Sheets (partial)
		2019		2018
Current assets
Cash and cash equivalents		$ 3,008		$1,833
Accounts receivable, net		3,055		3,100
Inventories		2,630		3,012
Other current assets		1,820		1,506
Total current assets		$10,513		$9,451
Current liabilities		$ 4,988		$5,830

(a) Calculate the current ratio and working capital for 3M for 2018 and 2019. (Round current ratio to 2 decimal places, e.g. 1.25 : 1.)

Current ratio
2018		________	:1
2019		________	:1
Working capital
2018		$ _______	million
2019		$ _______	million

(b) Suppose that at the end of 2019, 3M management used $190 million cash to pay off $190 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.)

Current ratio		________	:1
Working capital		$ ________	million