Calculation
Debt to equity | = | Total debt1 | ÷ | Total 3M Company shareholders’ equity1 | |
---|---|---|---|---|---|
Dec 31, 2021 | 1.15 | = | 17,363) | ÷ | 15,046) |
Dec 31, 2020 | 1.46 | = | 18,795) | ÷ | 12,867) |
Dec 31, 2019 | 2.02 | = | 20,313) | ÷ | 10,063) |
Dec 31, 2018 | 1.49 | = | 14,622) | ÷ | 9,796) |
Dec 31, 2017 | 1.21 | = | 13,949) | ÷ | 11,563) |
Dec 31, 2016 | 1.13 | = | 11,650) | ÷ | 10,298) |
Dec 31, 2015 | 0.92 | = | 10,797) | ÷ | 11,708) |
Dec 31, 2014 | 0.52 | = | 6,837) | ÷ | 13,109) |
Dec 31, 2013 | 0.34 | = | 6,009) | ÷ | 17,502) |
Dec 31, 2012 | 0.34 | = | 6,001) | ÷ | 17,575) |
Dec 31, 2011 | 0.34 | = | 5,166) | ÷ | 15,420) |
Dec 31, 2010 | 0.35 | = | 5,452) | ÷ | 15,663) |
Dec 31, 2009 | 0.45 | = | 5,710) | ÷ | 12,764) |
Dec 31, 2008 | 0.68 | = | 6,718) | ÷ | 9,879) |
Dec 31, 2007 | 0.42 | = | 4,920) | ÷ | 11,747) |
Dec 31, 2006 | 0.36 | = | 3,553) | ÷ | 9,959) |
Dec 31, 2005 | 0.24 | = | 2,381) | ÷ | 10,100) |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
3M Co. | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
---|---|---|---|---|---|---|---|---|
Dec 31, 2021 | 1.15 | — | 2.29 | 0.52 | 0.87 | 1.06 | 1.07 | 0.43 |
Dec 31, 2020 | 1.46 | — | 2.42 | 0.54 | 2.11 | 1.28 | 2.02 | 0.44 |
Dec 31, 2019 | 2.02 | — | 2.58 | 0.52 | 3.21 | 0.87 | 4.05 | 1.04 |
Dec 31, 2018 | 1.49 | 40.85 | 2.60 | 0.47 | 3.55 | 0.89 | 9.04 | 1.18 |
Dec 31, 2017 | 1.21 | 31.32 | 2.55 | 0.45 | 2.09 | 1.04 | — | 0.93 |
Dec 31, 2016 | 1.13 | 12.18 | 2.80 | 0.56 | 1.80 | 0.81 | 9.45 | 0.87 |
Dec 31, 2015 | 0.92 | 1.57 | 2.57 | 0.56 | 2.02 | 0.66 | 4.62 | 0.75 |
Dec 31, 2014 | 0.52 | 1.05 | 2.35 | 0.57 | 2.85 | 0.49 | 1.81 | 0.63 |
Dec 31, 2013 | 0.34 | 0.65 | 1.81 | 0.57 | 2.93 | 0.51 | 1.25 | 0.64 |
Dec 31, 2012 | 0.34 | 1.77 | 2.29 | 0.72 | 3.37 | 0.58 | 157.90 | 0.90 |
Dec 31, 2011 | 0.34 | 3.52 | 2.69 | 0.51 | 3.89 | 0.70 | 6.45 | 0.47 |
Dec 31, 2010 | 0.35 | 4.49 | 2.63 | 0.47 | 4.02 | 0.62 | 1.35 | 0.48 |
Dec 31, 2009 | 0.45 | 6.07 | 3.62 | 0.51 | 4.35 | 0.86 | 1.22 | 0.49 |
Dec 31, 2008 | 0.68 | — | 5.84 | 0.68 | 5.00 | 1.17 | 1.24 | 0.72 |
Dec 31, 2007 | 0.42 | 0.91 | 3.20 | 0.66 | 4.45 | 0.83 | 0.44 | 0.43 |
Dec 31, 2006 | 0.36 | 2.01 | 3.98 | 0.63 | 3.85 | 0.52 | 0.64 | 0.46 |
Dec 31, 2005 | 0.24 | 0.97 | 3.05 | 0.65 | 3.39 | 0.45 | 0.61 | 0.48 |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Capital Goods)
3M Co. | Capital Goods | |
---|---|---|
Dec 31, 2021 | 1.15 | 1.26 |
Dec 31, 2020 | 1.46 | 1.75 |
Dec 31, 2019 | 2.02 | 2.08 |
Dec 31, 2018 | 1.49 | 2.03 |
Dec 31, 2017 | 1.21 | 1.74 |
Dec 31, 2016 | 1.13 | 1.60 |
Dec 31, 2015 | 0.92 | 1.64 |
Dec 31, 2014 | 0.52 | 2.06 |
Dec 31, 2013 | 0.34 | 2.00 |
Dec 31, 2012 | 0.34 | 2.56 |
Dec 31, 2011 | 0.34 | 3.04 |
Dec 31, 2010 | 0.35 | 3.10 |
Dec 31, 2009 | 0.45 | 3.46 |
Dec 31, 2008 | 0.68 | 4.19 |
Dec 31, 2007 | 0.42 | 3.21 |
Dec 31, 2006 | 0.36 | 3.02 |
Dec 31, 2005 | 0.24 | 2.53 |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
3M Co. | Industrials | |
---|---|---|
Dec 31, 2021 | 1.15 | 1.25 |
Dec 31, 2020 | 1.46 | 1.73 |
Dec 31, 2019 | 2.02 | 1.86 |
Dec 31, 2018 | 1.49 | 1.87 |
Dec 31, 2017 | 1.21 | 1.65 |
Dec 31, 2016 | 1.13 | 1.55 |
Dec 31, 2015 | 0.92 | 1.52 |
Dec 31, 2014 | 0.52 | 1.86 |
Dec 31, 2013 | 0.34 | 1.77 |
Dec 31, 2012 | 0.34 | 2.24 |
Dec 31, 2011 | 0.34 | 2.56 |
Dec 31, 2010 | 0.35 | 2.63 |
Dec 31, 2009 | 0.45 | 2.92 |
Dec 31, 2008 | 0.68 | 3.45 |
Dec 31, 2007 | 0.42 | 2.72 |
Dec 31, 2006 | 0.36 | 2.46 |
Dec 31, 2005 | 0.24 | 2.11 |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).