For the quarter ending 2026-03-31, MMM had -$1,506M decrease in cash & cash equivalents over the period. $349M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income including noncontrolling interest | 659 | 574 | 841 | 725 |
| Depreciation and amortization | 326 | 430 | 298 | 290 |
| Company pension and postretirement contributions | 38 | 46 | 38 | 38 |
| Company pension and postretirement expense | 37 | 74 | 63 | 66 |
| Stock-based compensation expense | 80 | 43 | 53 | 44 |
| Loss on business divestitures | -7 | 2 | -161 | -3 |
| Deferred income taxes | 75 | 120 | 81 | 67 |
| Accounts receivable | 248 | -240 | 32 | 160 |
| Inventories | 51 | -231 | -148 | 115 |
| Accounts payable | 120 | -46 | -115 | 48 |
| Accrued income taxes (current and long-term) | - | - | 76 | -198 |
| Other net | 393 | 160 | -220 | 1,686 |
| Net cash provided by (used in) operating activities | 574 | 1,583 | 1,756 | -954 |
| Purchases of property, plant and equipment (pp&e) | 225 | 248 | 218 | 208 |
| Proceeds from sale of pp&e and other assets | 2 | 26 | 48 | 3 |
| Purchases of marketable securities and investments | 155 | 466 | 420 | 263 |
| Proceeds from maturities and sale of marketable securities and investments | 436 | 283 | 1,055 | 533 |
| Proceeds from sale of businesses, net of cash sold | - | 0 | 0 | 5 |
| Other net | -2 | 0 | 0 | 0 |
| Net cash provided by (used in) investing activities | 60 | -405 | 465 | 70 |
| Change in short-term debt net | - | 0 | 0 | 0 |
| Repayment of debt (maturities greater than 90 days) | 0 | 11 | 554 | 500 |
| Proceeds from debt (maturities greater than 90 days) | 0 | 0 | 0 | 0 |
| Purchases of treasury stock | 1,999 | 552 | 472 | 953 |
| Proceeds from issuance of treasury stock pursuant to stock option and benefit plans | 302 | 343 | 231 | 83 |
| Dividends paid to shareholders | 412 | 387 | 389 | 390 |
| Cash transferred to solventum related to separation, net | - | 0 | 0 | 0 |
| Other net | -15 | -10 | -24 | -9 |
| Net cash provided by (used in) financing activities | -2,124 | -617 | -1,208 | -1,769 |
| Effect of exchange rate changes on cash and cash equivalents | -13 | 5 | -10 | 39 |
| Net increase (decrease) in cash and cash equivalents, including cash classified within assets held for sale | -1,503 | 566 | -885 | - |
| Less net increase (decrease) in cash classified within assets held for sale | 3 | 2 | 44 | - |
| Net increase (decrease) in cash and cash equivalents | -1,506 | 564 | 959 | -2,614 |
| Cash and cash equivalents at beginning of year | 5,235 | 4,671 | 3,712 | 6,326 |
| Cash and cash equivalents at end of period | 3,729 | 5,235 | 4,671 | 3,712 |
3M CO (MMM)
3M CO (MMM)