Total Debt for 3M (MMM)
According to 3M's latest reported financial statements, the company's latest reported total debt is $12.56B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
MMM
Currently viewingTotal DebtSwitch metric
Latest period
$12.56B
YoY change
-5.3%
5Y CAGR
-8.1%
Peak year (2019)
$21.28B
Latest annual
$12.94B
Total Debt history chart for 3M (MMM) from 1985 to 2025
Total Debt history table for 3M (MMM) from 1985 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $12.94B | -5.3% | ||
| 2024 | $13.66B | -18.5% | ||
| 2023 | $16.75B | -0.6% | ||
| 2022 | $16.86B | -7.9% | ||
| 2021 | $18.31B | -7.3% | ||
| 2020 | $19.75B | -7.2% | ||
| 2019 | $21.28B | +44.8% | ||
| 2018 | $14.70B | +4.9% | ||
| 2017 | $14.01B | +19.8% | ||
| 2016 | $11.70B | +7.9% | ||
| 2015 | $10.84B | +57.8% | ||
| 2014 | $6.87B | +13.2% | ||
| 2013 | $6.07B | -0.1% | ||
| 2012 | $6.07B | +15.8% | ||
| 2011 | $5.25B | -5.4% | ||
| 2010 | $5.55B | -4.7% | ||
| 2009 | $5.82B | -14.2% | ||
| 2008 | $6.78B | +35.8% | ||
| 2007 | $4.99B | +37.9% | ||
| 2006 | $3.62B | +48.3% | ||
| 2005 | $2.44B | -15.6% | ||
| 2004 | $2.89B | -3.8% | ||
| 2003 | $3.01B | -11.0% | ||
| 2002 | $3.38B | +16.8% | ||
| 2001 | $2.89B | +2.0% | ||
| 2000 | $2.84B | +8.7% | ||
| 1999 | $2.61B | -16.0% | ||
| 1998 | $3.11B | +23.5% | ||
| 1997 | $2.51B | +27.7% | ||
| 1996 | $1.97B | -2.8% | ||
| 1995 | $2.02B | +4.0% | ||
| 1994 | $1.95B | +30.5% | ||
| 1993 | $1.49B | +4.7% | ||
| 1992 | $1.43B | -3.2% | ||
| 1991 | $1.47B | -1.5% | ||
| 1990 | $1.50B | -33.4% | ||
| 1989 | $2.25B | +198.1% | ||
| 1988 | $753.00M | +7.7% | ||
| 1987 | $699.00M | -17.5% | ||
| 1986 | $847.00M | -4.8% | ||
| 1985 | $890.00M | — |
Total Debt values are taken from 3M's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, 3M (MMM) total debt totalled $12.94B – declined 5.3% year-over-year.
Across 2020–2025 (5 years), 3M total debt produced a CAGR of -8.1% – with a net decline across the window.
Across the available history, total debt reached its high of $21.28B in 2019 and its low of $699.00M in 1987.
Among 8 Industrials peers, 3M (MMM) ranks 8th; the peer median for total debt is $37.04B.
3M Total Debt by Year
3M Total Debt 2025: $12.94B
3M total debt in 2025 was $12.94B, declined 5.3% below 2024.
3M Total Debt 2024: $13.66B
3M total debt in 2024 was $13.66B, declined 18.5% below 2023.
3M Total Debt 2023: $16.75B
3M total debt in 2023 was $16.75B, edged down 0.6% below 2022.
3M Total Debt 2022: $16.86B
3M total debt in 2022 was $16.86B, declined 7.9% below 2021.
3M Total Debt 2021: $18.31B
3M total debt in 2021 was $18.31B.
See more financial history for 3M (MMM).
Sector peers — Total Debt
Companies in the same sector as 3M, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Deere & Company (DE) | $63.94B | Industrials |
| The Boeing Company (BA) | $54.43B | Industrials |
| Caterpillar Inc. (CAT) | $43.33B | Industrials |
| RTX Corporation (RTX) | $39.51B | Industrials |
| Honeywell International Inc. (HON) | $34.58B | Industrials |
| Union Pacific Corporation (UNP) | $31.81B | Industrials |
| GE Aerospace (GE) | $20.49B | Industrials |
| Eaton Corporation plc (ETN) | $11.17B | Industrials |
Frequently asked questions
What is 3M's total debt?
- Latest reported total debt for 3M (MMM) is $12.56B (period ending March 31, 2026).
How has 3M total debt changed year-over-year?
- 3M (MMM) total debt changed -5.3% year-over-year on the latest annual filing.
What is the long-term growth rate of 3M total debt?
- 3M (MMM) total debt compound annual growth rate is -8.1% over the most recent 5 years available.
When did 3M total debt hit its highest annual value?
- 3M total debt reached its highest annual value of $21.28B in 2019.
What was 3M total debt in 2024?
- 3M (MMM) total debt in 2024 was $13.66B.
What was 3M total debt in 2025?
- 3M (MMM) total debt in 2025 was $12.94B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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