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Consolidated Statement of Income (Loss) (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net sales $ 6,255 $ 6,283 $ 12,271 $ 12,338
Operating expenses        
Cost of sales 3,571 3,728 7,056 7,472
Selling, general and administrative expenses 1,132 11,615 2,260 12,763
Research, development and related expenses 280 298 534 595
Total operating expenses 4,983 15,641 9,850 20,830
Operating income (loss) 1,272 (9,358) 2,421 (8,492)
Other expense (income), net (138) 72 82 128
Income (loss) from continuing operations before income taxes 1,410 (9,430) 2,339 (8,620)
Provision (benefit) for income taxes 203 (2,261) 423 (2,116)
Income (loss) from continuing operations of consolidated group 1,207 (7,169) 1,916 (6,504)
Income (loss) from unconsolidated subsidiaries, net of taxes 3 3 4 5
Net income (loss) from continuing operations including noncontrolling interest 1,210 (7,166) 1,920 (6,499)
Less: Net income (loss) attributable to noncontrolling interest 6 5 11 10
Net income (loss) from continuing operations attributable to 3M 1,204 (7,171) 1,909 (6,509)
Net income (loss) from discontinued operations, net of taxes (59) 330 164 644
Net income (loss) attributable to 3M $ 1,145 $ (6,841) $ 2,073 $ (5,865)
Weighted average 3M common shares outstanding - basic (in shares) 553.8 553.9 554.4 553.3
Earnings (loss) per share from continuing operations — basic (in dollars per share) $ 2.17 $ (12.94) $ 3.44 $ (11.76)
Earnings (loss) per share from discontinued operations — basic (in dollars per share) (0.10) 0.59 0.30 1.16
Earnings (loss) per share — basic (in dollars per share) $ 2.07 $ (12.35) $ 3.74 $ (10.60)
Weighted average 3M common shares outstanding - diluted (in shares) 554.8 553.9 555.3 553.3
Earnings (loss) per share from continuing operations — diluted (in dollars per share) $ 2.17 $ (12.94) $ 3.44 $ (11.76)
Earnings (loss) per share from discontinued operations — diluted (in dollars per share) (0.10) 0.59 0.29 1.16
Earnings (loss) per share — diluted (in dollars per share) $ 2.07 $ (12.35) $ 3.73 $ (10.60)