3M CO Annual Amortization of Intangible Assets in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
3 M Co quarterly/annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • 3 M Co Amortization of Intangible Assets for the quarter ending September 30, 2024 was $26M, a 35% decline year-over-year.
  • 3 M Co Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $458M, a 50.2% increase year-over-year.
  • 3 M Co annual Amortization of Intangible Assets for 2023 was $482M, a 3.21% decline from 2022.
  • 3 M Co annual Amortization of Intangible Assets for 2022 was $498M, a 5.86% decline from 2021.
  • 3 M Co annual Amortization of Intangible Assets for 2021 was $529M, a 1.49% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $482M -$16M -3.21% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-07
2022 $498M -$31M -5.86% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-07
2021 $529M -$8M -1.49% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-07
2020 $537M +$196M +57.5% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-08
2019 $341M +$92M +36.9% Jan 1, 2019 Dec 31, 2019 8-K 2022-04-26
2018 $249M +$11M +4.62% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-04
2017 $238M -$24M -9.16% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-06
2016 $262M +$33M +14.4% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-07
2015 $229M +$1M +0.44% Jan 1, 2015 Dec 31, 2015 8-K 2018-05-08
2014 $228M -$8M -3.39% Jan 1, 2014 Dec 31, 2014 8-K 2017-05-04
2013 $236M +$3M +1.29% Jan 1, 2013 Dec 31, 2013 8-K 2016-05-17
2012 $233M -$2M -0.85% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-12
2011 $235M +$59M +33.5% Dec 31, 2010 Dec 31, 2011 8-K 2013-05-16
2010 $176M Dec 31, 2009 Dec 31, 2010 8-K 2013-05-16
* An asterisk sign (*) next to the value indicates that the value is likely invalid.