3M CO

MMM Industrials & Manufacturing 6/10 Medium Risk
6/10

3M CO has $13.0B in total long-term debt with $12.6B in scheduled maturities. Approximately $1.7B (13% of maturities) is due within the next twelve months, and operating income covers interest expense -21.9x. Overall, MMM carries moderate refinancing risk (score 6/10).

Maturity Schedule

Year 1 $1.7B Year 2 $863M Year 3 $863M Year 4 $1.8B Year 5 $1.7B Beyond 5 $5.7B
Period Amount Due % of Total
Year 1 (0-12 months) $1.7B 13.3%
Year 2 (12-24 months) $863M 6.8%
Year 3 (24-36 months) $863M 6.8%
Year 4 (36-48 months) $1.8B 14.2%
Year 5 (48-60 months) $1.7B 13.7%
Beyond 5 Years $5.7B 45.1%
Total Scheduled Maturities $12.6B 100.0%

Key Metrics

Total Long-Term Debt
$13.0B
Near-Term (12mo)
$1.7B
Interest Coverage
-21.9x
Debt/Equity
3.40
Cash Coverage
1.55x
Operating Income
$10.7B

Score Components

Component Value Weight
Near-Term Maturity Concentration 13.3% 30%
Interest Coverage Ratio -21.90x 25%
Debt-to-Equity Ratio 3.40 25%
Cash Coverage of Near-Term Debt 1.55x 20%

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Most recent filing date: 2026-02-03. Data last fetched: 2026-03-15. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Complete.