3M CO Annual Interest Expense in USD from 2015 to 2023

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 2015 to 2023.
  • 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, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $942M +$480M +104% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-07
2022 $462M -$26M -5.33% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-07
2021 $488M -$41M -7.75% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-07
2020 $529M +$81M +18.1% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-08
2019 $448M +$98M +28% Jan 1, 2019 Dec 31, 2019 8-K 2022-04-26
2018 $350M +$28M +8.7% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-04
2017 $322M +$123M +61.8% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-06
2016 $199M +$50M +33.6% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-07
2015 $149M Jan 1, 2015 Dec 31, 2015 8-K 2018-05-08
* An asterisk sign (*) next to the value indicates that the value is likely invalid.