Financial Statements

3M Company (MMM)

$149.3

-0.29 (-0.19%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 43,76142,13540,63639,115-
Net Income 5,9215,3844,5705,3494,858
Stock Dividends -441-370245-63537,060
Dividend Paid -3,420-3,388-3,316-3,193-2,803
Retained Earnings 45,82143,76142,13540,63639,115

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 10,28510,1918,7388,866-
Annual Depreciation 1,6051,5953,1521,44910,239
Capital Expenditure -1,603-1,501-1,699-1,577-1,373
Net PPE 10,28710,28510,1918,7388,866

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -10,51310,05113,44413,802
New Purchases -2,152-1,828-1,635-1,579-2,202
Intangible and Goodwill 10,51310,05113,44413,80213,486

3M Company income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes 3M Company FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.