Constructing and Analyzing Balance Sheet Amounts from Incomplete Data Selected balance sheet amounts for 3M Company, a manufacturer of consumer and business products, for three recent years follow.

$ millions Current Assets Long-Term Assets Total Assets Current Liabilities Long-Term Liabilities Total Liabilities Stockholders’

Equity*

2013 . . . . . $12,733 $ ? $33,550 $ ? $ 8,104 $15,602 $17,948 2014 . . . . . 12,303 18,906 ? 5,964 12,103 ? 13,142 2015 . . . . . ? 21,732 32,718 7,118 13,853 20,971 ?

* Includes noncontrolling interest Required

a. Compute the missing balance sheet amounts for each of the three years shown.

b. What types of accounts would we expect to be included in current assets? In long-term assets?