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 18, 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
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
03/20167.78NA21.42
12/20157.581.02519.87

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.25Total Liab/Total Assets0.69
Net Inc/Total Assets0.15Total Liab/Inv Cap0.88
Net Inc/Inv Cap0.20Total Liab/Comm Equity-1.11
Pretax Inc/Net Sales0.23Interest Coverage Ratio36.44
Net Inc/Net Sales0.17Curr Debt/Equity0.09
Cash Flow/Net Sales0.22LTD/Equity1.04
SG&A/NetSales0.20Total Debt/Equity1.13
Asset Utilization   Liquidity  
Net Receivables Turnover7.05Quick Ratio1.34
Inventory Turnover4.36Current Ratio1.89
Inventory Day Sales0.01Net Rec/Curr Assets0.37
Net Sales/Work Cap5.47Inv/Curr Assets0.29
Net Sales/PP&E3.54  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 8,172.00 7,810.00 7,685.00 7,329.00
Cost of Goods Sold 4,045.00 4,007.00 3,869.00 3,716.00
Selling & Admin Exps 1,623.00 1,636.00 1,571.00 1,487.00
Operating Income 2,041.00 2,184.00 1,774.00 1,665.00
Interest Exp 57.00 54.00 45.00 64.00
Pretax Income 1,997.00 2,142.00 1,737.00 1,610.00
Other Income 13.00 502.00 8.00 -31.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 1,429.00 1,583.00 1,323.00 1,155.00

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 3,417.00 2,794.00 2,314.00 2,678.00
Receivables - Total 5,156.00 4,919.00 4,722.00 4,392.00
Inventories - Total 3,975.00 3,838.00 3,612.00 3,385.00
Total Current Assets 13,656.00 12,641.00 11,901.00 11,726.00
Net Property, Plant & Equipment 8,658.00 8,566.00 8,551.00 8,516.00
Total Assets 35,237.00 33,957.00 33,292.00 32,906.00
Liabilities        
Accounts Payable 3,054.00 2,880.00 2,666.00 2,775.00
Debt in Current Liabilities 835.00 213.00 909.00 972.00
Total Current Liabilities 6,598.00 5,697.00 5,995.00 6,219.00
Long-Term Debt 10,828.00 11,088.00 10,802.00 10,678.00
Total Liabilities 23,091.00 22,366.00 22,303.00 22,608.00
Stockholder's Equity        
Minority Interest 56.00 53.00 51.00 45.00
Preferred Stock NA NA NA NA
Common Stock 9.00 9.00 9.00 9.00
Retained Earnings 39,454.00 38,793.00 38,094.00 37,907.00
Treasury Stock -25,706.00 -25,466.00 -25,354.00 -25,434.00
Total Stockholders' Equity 12,146.00 11,591.00 10,989.00 10,298.00
Total Liabilities and Stockholders' Equity 35,237.00 33,957.00 33,292.00 32,906.00

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 1,750.00 1,642.00 988.00 2,209.00
Net Cash Provided by Investing Activities -781.00 517.00 -90.00 -230.00
Net Cash Provided by Financing Activities -843.00 -1,705.00 -1,151.00 -1,846.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201229,904.004,444.006.32
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
Growth Rates0.173.256.60

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/171829402,68767.61




Report Date : 12/11/2017

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