3M CO Quarterly Interest Expense in USD from Q1 2017 to Q2 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
3 M Co quarterly/annual Interest Expense history and growth rate from Q1 2017 to Q2 2024.
  • 3 M Co Interest Expense for the quarter ending June 30, 2024 was $322M, a 124% increase year-over-year.
  • 3 M Co Interest Expense for the twelve months ending June 30, 2024 was $1.38B, a 183% increase year-over-year.
  • 3 M Co annual Interest Expense for 2023 was $942M, a 104% increase from 2022.
  • 3 M Co annual Interest Expense for 2022 was $462M, a 5.33% decline from 2021.
  • 3 M Co annual Interest Expense for 2021 was $488M, a 7.75% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $1.38B $322M +$178M +124% Apr 1, 2024 Jun 30, 2024 10-Q 2024-07-26
Q1 2024 $1.2B $385M +$262M +213% Jan 1, 2024 Mar 31, 2024 10-Q 2024-04-30
Q4 2023 $942M $371M +$256M +223% Oct 1, 2023 Dec 31, 2023 10-K 2024-02-07
Q3 2023 $686M $304M +$198M +187% Jul 1, 2023 Sep 30, 2023 10-Q 2023-10-24
Q2 2023 $488M $144M +$16M +12.5% Apr 1, 2023 Jun 30, 2023 10-Q 2024-07-26
Q1 2023 $472M $123M +$10M +8.85% Jan 1, 2023 Mar 31, 2023 10-Q 2024-04-30
Q4 2022 $462M $115M -$3M -2.54% Oct 1, 2022 Dec 31, 2022 10-K 2024-02-07
Q3 2022 $465M $106M -$11M -9.4% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-24
Q2 2022 $476M $128M +$7M +5.79% Apr 1, 2022 Jun 30, 2022 10-Q 2023-07-25
Q1 2022 $469M $113M -$19M -14.4% Jan 1, 2022 Mar 31, 2022 10-Q 2023-04-25
Q4 2021 $488M $118M -$23M -16.3% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-07
Q3 2021 $511M $117M -$11M -8.59% Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-25
Q2 2021 $522M $121M -$16M -11.7% Apr 1, 2021 Jun 30, 2021 10-Q 2022-07-27
Q1 2021 $538M $132M +$9M +7.32% Jan 1, 2021 Mar 31, 2021 10-Q 2022-04-26
Q4 2020 $529M $141M +$17M +13.7% Oct 1, 2020 Dec 31, 2020 10-K 2023-02-08
Q3 2020 $512M $128M +$19M +17.4% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-26
Q2 2020 $493M $137M +$26M +23.4% Apr 1, 2020 Jun 30, 2020 10-Q 2021-07-27
Q1 2020 $467M $123M +$19M +18.3% Jan 1, 2020 Mar 31, 2020 10-Q 2021-04-27
Q4 2019 $448M $124M +$29M +30.5% Oct 1, 2019 Dec 31, 2019 8-K 2022-04-26
Q3 2019 $419M $109M +$24M +28.2% Jul 1, 2019 Sep 30, 2019 10-Q 2020-10-27
Q2 2019 $395M $111M +$23M +26.1% Apr 1, 2019 Jun 30, 2019 10-Q 2020-07-28
Q1 2019 $372M $104M +$22M +26.8% Jan 1, 2019 Mar 31, 2019 10-Q 2020-04-28
Q4 2018 $350M $95M -$71M -42.8% Oct 1, 2018 Dec 31, 2018 10-K 2021-02-04
Q3 2018 $421M $85M +$28M +49.1% Jul 1, 2018 Sep 30, 2018 10-Q 2019-10-25
Q2 2018 $393M $88M +$34M +63% Apr 1, 2018 Jun 30, 2018 10-Q 2019-07-26
Q1 2018 $359M $82M +$37M +82.2% Jan 1, 2018 Mar 31, 2018 10-Q 2019-04-26
Q4 2017 $322M $166M Oct 1, 2017 Dec 31, 2017 10-K 2020-02-06
Q3 2017 $57M Jul 1, 2017 Sep 30, 2017 10-Q 2018-10-25
Q2 2017 $54M Apr 1, 2017 Jun 30, 2017 10-Q 2018-07-26
Q1 2017 $45M Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-08
* An asterisk sign (*) next to the value indicates that the value is likely invalid.