3m annual net debt
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2025
3m Net Debt Growth & History (MMM)
3m's net debt was $7.90B for fiscal 2025.
View full 3m company overview3m annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $7.90B | −$162.0M | −2.01% |
| 2024 | 2024-12-31 | $8.06B | −$2.86B | −26.21% |
| 2023 | 2023-12-31 | $10.92B | −$2.29B | −17.33% |
| 2022 | 2022-12-31 | $13.21B | −$542.0M | −3.94% |
| 2021 | 2021-12-31 | $13.75B | −$1.39B | −9.17% |
| 2020 | 2020-12-31 | $15.14B | −$3.81B | −20.08% |
| 2019 | 2019-12-31 | $18.95B | $7.08B | +59.73% |
| 2018 | 2018-12-31 | $11.86B | $892.0M | +8.13% |
| 2017 | 2017-12-31 | $10.97B | $1.66B | +17.87% |
| 2016 | 2016-12-31 | $9.31B | $253.0M | +2.79% |
| 2015 | 2015-12-31 | $9.05B | $4.07B | +81.75% |
| 2014 | 2014-12-31 | $4.98B | $1.48B | +42.19% |
| 2013 | 2013-12-31 | $3.50B | $295.0M | +9.20% |
| 2012 | 2012-12-31 | $3.21B | $169.0M | +5.56% |
| 2011 | 2011-12-31 | $3.04B | $858.0M | +39.34% |
| 2010 | 2010-12-31 | $2.18B | −$596.0M | −21.46% |
| 2009 | 2009-12-31 | $2.78B | −$2.09B | −42.97% |
| 2008 | 2008-12-31 | $4.87B | — | — |
3m quarterly net debt
Q4.08
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
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Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
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Q3.14
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Q2.17
Q3.17
Q4.17
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Q3.18
Q4.18
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Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
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Q4.21
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Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $10.21B | $191.0M | +1.91% |
| Q1 2026 | 2026-03-31 | $9.40B | $1.66B | +21.42% |
| Q4 2025 | 2025-12-31 | $7.90B | −$162.0M | −2.01% |
| Q3 2025 | 2025-09-30 | $8.48B | $735.0M | +9.48% |
| Q2 2025 | 2025-06-30 | $10.01B | $6.40B | +177.24% |
| Q1 2025 | 2025-03-31 | $7.74B | −$3.50B | −31.17% |
| Q4 2024 | 2024-12-31 | $8.06B | −$2.86B | −26.21% |
| Q3 2024 | 2024-09-30 | $7.75B | −$3.91B | −33.52% |
| Q2 2024 | 2024-06-30 | $3.61B | −$8.93B | −71.20% |
| Q1 2024 | 2024-03-31 | $11.25B | −$1.78B | −13.66% |
| Q4 2023 | 2023-12-31 | $10.92B | −$2.29B | −17.33% |
| Q3 2023 | 2023-09-30 | $11.66B | −$1.46B | −11.10% |
| Q2 2023 | 2023-06-30 | $12.54B | −$1.85B | −12.86% |
| Q1 2023 | 2023-03-31 | $13.03B | −$1.27B | −8.91% |
| Q4 2022 | 2022-12-31 | $13.21B | −$542.0M | −3.94% |
| Q3 2022 | 2022-09-30 | $13.11B | −$1.02B | −7.20% |
| Q2 2022 | 2022-06-30 | $14.39B | −$30.0M | −0.21% |
| Q1 2022 | 2022-03-31 | $14.30B | $1.24B | +9.50% |
| Q4 2021 | 2021-12-31 | $13.75B | −$1.39B | −9.17% |
| Q3 2021 | 2021-09-30 | $14.13B | −$1.04B | −6.83% |
| Q2 2021 | 2021-06-30 | $14.42B | −$1.49B | −9.35% |
| Q1 2021 | 2021-03-31 | $13.06B | −$2.78B | −17.56% |
| Q4 2020 | 2020-12-31 | $15.14B | −$3.81B | −20.08% |
| Q3 2020 | 2020-09-30 | $15.16B | $4.46B | +41.64% |
| Q2 2020 | 2020-06-30 | $15.91B | $2.84B | +21.76% |
| Q1 2020 | 2020-03-31 | $15.84B | $1.52B | +10.64% |
| Q4 2019 | 2019-12-31 | $18.95B | $7.08B | +59.73% |
| Q3 2019 | 2019-09-30 | $10.71B | −$954.0M | −8.18% |
| Q2 2019 | 2019-06-30 | $13.07B | $1.35B | +11.52% |
| Q1 2019 | 2019-03-31 | $14.32B | $2.15B | +17.66% |
| Q4 2018 | 2018-12-31 | $11.86B | $892.0M | +8.13% |
| Q3 2018 | 2018-09-30 | $11.66B | $2.83B | +32.03% |
| Q2 2018 | 2018-06-30 | $11.72B | $3.07B | +35.52% |
| Q1 2018 | 2018-03-31 | $12.17B | $2.63B | +27.58% |
| Q4 2017 | 2017-12-31 | $10.97B | $1.66B | +17.87% |
| Q3 2017 | 2017-09-30 | $8.83B | −$1.22B | −12.15% |
| Q2 2017 | 2017-06-30 | $8.65B | −$1.41B | −14.05% |
| Q1 2017 | 2017-03-31 | $9.54B | −$264.0M | −2.69% |
| Q4 2016 | 2016-12-31 | $9.31B | $253.0M | +2.79% |
| Q3 2016 | 2016-09-30 | $10.05B | $405.0M | +4.20% |
| Q2 2016 | 2016-06-30 | $10.06B | $4.53B | +81.80% |
| Q1 2016 | 2016-03-31 | $9.80B | $5.00B | +104.21% |
| Q4 2015 | 2015-12-31 | $9.05B | $4.07B | +81.75% |
| Q3 2015 | 2015-09-30 | $9.65B | $4.23B | +78.17% |
| Q2 2015 | 2015-06-30 | $5.53B | $686.0M | +14.15% |
| Q1 2015 | 2015-03-31 | $4.80B | $177.0M | +3.83% |
| Q4 2014 | 2014-12-31 | $4.98B | $1.48B | +42.19% |
| Q3 2014 | 2014-09-30 | $5.42B | $1.98B | +57.55% |
| Q2 2014 | 2014-06-30 | $4.85B | $1.84B | +61.38% |
| Q1 2014 | 2014-03-31 | $4.62B | $1.61B | +53.69% |
| Q4 2013 | 2013-12-31 | $3.50B | $295.0M | +9.20% |
| Q3 2013 | 2013-09-30 | $3.44B | $108.0M | +3.24% |
| Q2 2013 | 2013-06-30 | $3.00B | $5.0M | +0.17% |
| Q1 2013 | 2013-03-31 | $3.01B | $166.0M | +5.84% |
| Q4 2012 | 2012-12-31 | $3.21B | $169.0M | +5.56% |
| Q3 2012 | 2012-09-30 | $3.33B | $546.0M | +19.62% |
| Q2 2012 | 2012-06-30 | $3.00B | $775.0M | +34.85% |
| Q1 2012 | 2012-03-31 | $2.84B | −$30.0M | −1.04% |
| Q4 2011 | 2011-12-31 | $3.04B | $858.0M | +39.34% |
| Q3 2011 | 2011-09-30 | $2.78B | $1.49B | +115.40% |
| Q2 2011 | 2011-06-30 | $2.22B | −$431.0M | −16.23% |
| Q1 2011 | 2011-03-31 | $2.87B | −$58.0M | −1.98% |
| Q4 2010 | 2010-12-31 | $2.18B | −$596.0M | −21.46% |
| Q3 2010 | 2010-09-30 | $1.29B | −$1.59B | −55.23% |
| Q2 2010 | 2010-06-30 | $2.65B | −$829.0M | −23.79% |
| Q1 2010 | 2010-03-31 | $2.93B | — | — |
| Q4 2009 | 2009-12-31 | $2.78B | −$2.09B | −42.97% |
| Q3 2009 | 2009-09-30 | $2.89B | — | — |
| Q2 2009 | 2009-06-30 | $3.48B | — | — |
| Q4 2008 | 2008-12-31 | $4.87B | — | — |
3m net debt trends
Over the last five fiscal years, 3m's net debt decreased from $15.14B to $7.90B, a change of −$7.24B. The latest reported quarter, Q2 2026, shows $10.21B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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