Company Information

  

Address: 3M CENTER
BLDG. 220-11W-02 
City: ST PAUL 
State: MN 
Zip Code: 55144-1000 
Telephone: 651-733-2204 

Description of Business

Primary SIC Code: 3841
(As filed with the SEC)  

3M Company was incorporated in 1929 under the laws of the State of Delaware to continue operations begun in 1902. The Company's ticker symbol is MMM. As used herein, the term "3M" or "Company" includes 3M Company and its subsidiaries unless the context indicates otherwise. In this document, for any references to Note 1 through Note 19, refer to the Notes to Consolidated Financial Statements in Item 8. Available Information The SEC maintains a website that contains reports, proxy and information statements, and other information regarding issuers, including the Company, that file electronically with the SEC. The public can obtain any documents that the Company files with the SEC at http://www.sec.gov. The Company files annual reports, quarterly reports, proxy statements and other documents with the Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934 (Exchange Act).  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20186.751.36032.52
12/20177.931.17529.68
09/20178.961.17523.43
06/20178.771.17523.74
03/20178.271.17523.14
12/20168.161.11021.88
09/20167.941.11022.20
06/20167.841.11022.34

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.24Total Liab/Total Assets0.70
Net Inc/Total Assets0.13Total Liab/Inv Cap0.93
Net Inc/Inv Cap0.17Total Liab/Comm Equity-1.29
Pretax Inc/Net Sales0.24Interest Coverage RatioNA
Net Inc/Net Sales0.15Curr Debt/Equity0.16
Cash Flow/Net Sales0.20LTD/Equity1.05
SG&A/NetSales0.21Total Debt/Equity1.21
Asset Utilization   Liquidity  
Net Receivables Turnover6.81Quick Ratio1.33
Inventory Turnover4.31Current Ratio1.86
Inventory Day Sales0.01Net Rec/Curr Assets0.34
Net Sales/Work Cap4.80Inv/Curr Assets0.28
Net Sales/PP&E3.57  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 8,278.00 7,990.00 8,172.00 7,810.00
Cost of Goods Sold 4,236.00 4,080.00 4,045.00 3,994.00
Selling & Admin Exps 2,573.00 1,742.00 1,623.00 1,593.00
Operating Income 1,007.00 1,821.00 2,041.00 2,216.00
Interest Exp NA -156.00 57.00 99.00
Pretax Income 965.00 1,672.00 1,997.00 2,142.00
Other Income -18.00 -209.00 13.00 486.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 602.00 523.00 1,429.00 1,583.00

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 4,095.00 4,129.00 3,417.00 2,794.00
Receivables - Total 5,252.00 4,911.00 5,156.00 4,919.00
Inventories - Total 4,295.00 4,034.00 3,975.00 3,838.00
Total Current Assets 14,818.00 14,277.00 13,656.00 12,641.00
Net Property, Plant & Equipment 8,864.00 8,866.00 8,658.00 8,566.00
Total Assets 38,575.00 37,987.00 35,237.00 33,957.00
Liabilities        
Accounts Payable 2,719.00 3,125.00 3,054.00 2,880.00
Debt in Current Liabilities 3,449.00 1,853.00 835.00 213.00
Total Current Liabilities 8,959.00 7,687.00 6,598.00 5,697.00
Long-Term Debt 12,211.00 12,096.00 10,828.00 11,088.00
Total Liabilities 27,598.00 26,424.00 23,091.00 22,366.00
Stockholder's Equity        
Minority Interest 62.00 59.00 56.00 53.00
Preferred Stock NA NA NA NA
Common Stock 9.00 9.00 9.00 9.00
Retained Earnings 38,453.00 39,115.00 39,454.00 38,793.00
Treasury Stock -26,178.00 -25,887.00 -25,706.00 -25,466.00
Total Stockholders' Equity 10,977.00 11,563.00 12,146.00 11,591.00
Total Liabilities and Stockholders' Equity 38,575.00 37,987.00 35,237.00 33,957.00

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 143.00 1,860.00 1,750.00 1,642.00
Net Cash Provided by Investing Activities 281.00 -2,732.00 -781.00 517.00
Net Cash Provided by Financing Activities 46.00 1,044.00 -843.00 -1,705.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201330,871.004,659.006.72
12/201431,821.004,956.007.49
12/201530,274.004,833.007.58
12/201630,109.005,050.008.16
12/201731,657.004,858.007.93
Growth Rates0.631.054.23

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/182035396,11366.72




Report Date : 7/16/2018

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