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Common-Size Balance Sheets Following is the balance sheet for 3M Company. Prepare common-size balance sheets for 2014 and 2013 Round answers to one decimal place. (i.e., 0.8867 88.7%) 3M Company and Subsidiaries Common-size Balance Sheets Dec. 31, 2014 Dec. 31, 2013 (s millions) Cash and cash equivalents Accounts receivable Total inventories 01% $3.337 ,253 3,864 0 9% 1,279 0% 12,733 1,575 8,652 ,345 1,688 $2,523 4,238 3,706 0% 0% Other current assets 1,298 11,765 930 8,489 7,050 Total current assets 0 9% Investments 0 96 Property, plant and equipment, net Goodwil intangible assets, net 1,435
Intangible assets, net 1,435 Other assets 0% ,600 1,557 Total assets 31,269 $33,550 Short-term debt & current portion of L-T debt $106 Accounts payable Accrued payroll Accrued income taxes $1,683 1,799 708 1,807 732 435 417 Other current liabilities 2,918 2.891 0 % 7,498 Total current liabilities 5,998 Long-term debt 6,731 4,326 Other liabilities 5,398 3,778 0 96 Total liabilities 18,127 15,602 Stockholders equity, net 3,142 17,948 Total liabilities and stockholders equity $31,269
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