Stock Analysis on Net

3M Co. (NYSE:MMM)

This company has been moved to the archive! The financial data has not been updated since October 25, 2022.

Cash Flow Statement 

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

3M Co., consolidated cash flow statement

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Net income including noncontrolling interest 5,929 5,388 4,582 5,363 4,869
Depreciation and amortization 1,915 1,911 1,593 1,488 1,544
Company pension and postretirement contributions (180) (156) (210) (370) (967)
Company pension and postretirement expense 206 406 357 410 333
Stock-based compensation expense 274 262 278 302 324
Gain on sale of businesses (389) (111) (545) (586)
Deferred income taxes (166) (165) (273) (57) 107
Loss on deconsolidation of Venezuelan subsidiary 162
Accounts receivable (122) 165 345 (305) (245)
Inventories (903) (91) 370 (509) (387)
Accounts payable 518 252 (117) 408 24
Accrued income taxes, current and long-term (244) 132 205 134 967
Changes in assets and liabilities (751) 458 803 (272) 359
Other, net 227 398 (111) 120 257
Adjustments to reconcile net income including noncontrolling interest to net cash provided by operating activities 1,525 2,725 2,488 1,076 1,371
Net cash provided by operating activities 7,454 8,113 7,070 6,439 6,240
Purchases of property, plant and equipment (PP&E) (1,603) (1,501) (1,699) (1,577) (1,373)
Proceeds from sale of PP&E and other assets 51 128 123 262 49
Acquisitions, net of cash acquired (25) (4,984) 13 (2,023)
Purchases of marketable securities and investments (2,202) (1,579) (1,635) (1,828) (2,152)
Proceeds from maturities and sale of marketable securities and investments 2,406 1,811 1,443 2,497 1,354
Proceeds from sale of businesses, net of cash sold 576 236 846 1,065
Other, net 31 10 72 9 (6)
Net cash (used in) provided by investing activities (1,317) (580) (6,444) 222 (3,086)
Change in short-term debt, net (2) (143) (316) (284) 578
Repayment of debt, maturities greater than 90 days (1,144) (3,482) (2,716) (1,034) (962)
Proceeds from debt, maturities greater than 90 days 1 1,750 6,281 2,251 1,987
Purchases of treasury stock (2,199) (368) (1,407) (4,870) (2,068)
Proceeds from issuance of treasury stock pursuant to stock option and benefit plans 639 429 547 485 734
Dividends paid to shareholders (3,420) (3,388) (3,316) (3,193) (2,803)
Other, net (20) (98) (197) (56) (121)
Net cash used in financing activities (6,145) (5,300) (1,124) (6,701) (2,655)
Effect of exchange rate changes on cash and cash equivalents (62) 48 (2) (160) 156
Net increase (decrease) in cash and cash equivalents (70) 2,281 (500) (200) 655
Cash and cash equivalents at beginning of year 4,634 2,353 2,853 3,053 2,398
Cash and cash equivalents at end of year 4,564 4,634 2,353 2,853 3,053

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. 3M Co. net cash provided by operating activities increased from 2019 to 2020 but then slightly decreased from 2020 to 2021 not reaching 2019 level.
Net cash (used in) provided by investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. 3M Co. net cash (used in) provided by investing activities increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Net cash used in financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. 3M Co. net cash used in financing activities decreased from 2019 to 2020 and from 2020 to 2021.