XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statement of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net sales $ 6,344 $ 6,255 $ 12,298 $ 12,271
Operating expenses        
Cost of sales 3,646 3,571 7,124 7,056
Selling, general and administrative expenses 1,267 1,132 2,212 2,260
Research, development and related expenses 288 280 573 534
Loss on business divestitures 3 0 3 [1] 0 [1]
Total operating expenses 5,204 4,983 9,912 9,850
Operating income 1,140 1,272 2,386 2,421
Other expense (income), net 217 (138) 78 82
Income from continuing operations before income taxes 923 1,410 2,308 2,339
Provision for income taxes 245 203 510 423
Income from continuing operations of consolidated group 678 1,207 1,798 1,916
Income from unconsolidated subsidiaries, net of taxes 47 3 49 4
Net income from continuing operations including noncontrolling interest 725 1,210 1,847 1,920
Less: net income attributable to noncontrolling interest 2 6 8 11
Net income from continuing operations attributable to 3M 723 1,204 1,839 1,909
Net income (loss) from discontinued operations, net of taxes 0 (59) 0 164
Net income attributable to 3M $ 723 $ 1,145 $ 1,839 $ 2,073
Earnings per share attributable to 3M common shareholders:        
Weighted average 3M common shares outstanding - basic (in shares) 537.4 553.8 540.6 554.4
Earnings per share from continuing operations — basic (in dollars per share) $ 1.35 $ 2.17 $ 3.40 $ 3.44
Earnings (loss) per share from discontinued operations — basic (in dollars per share) 0 (0.10) 0 0.30
Earnings per share — basic (in dollars per share) $ 1.35 $ 2.07 $ 3.40 $ 3.74
Weighted average 3M common shares outstanding - diluted (in shares) 540.6 554.8 544.2 555.3
Earnings per share from continuing operations — diluted (in dollars per share) $ 1.34 $ 2.17 $ 3.38 $ 3.44
Earnings (loss) per share from discontinued operations — diluted (in dollars per share) 0 (0.10) 0 0.29
Earnings per share — diluted (in dollars per share) $ 1.34 $ 2.07 $ 3.38 $ 3.73
[1] The Consolidated Statements of Cash Flows include the results of continuing and discontinued operations and, therefore, also include cash and cash equivalents associated with Solventum through its April 2024 separation from 3M that were presented in current assets of discontinued operations in the 3M Consolidated Balance Sheet.