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Supplemental Equity and Comprehensive Income Information (Tables)
6 Months Ended
Jun. 30, 2025
Stockholders' Equity Note [Abstract]  
Schedule of Consolidated Statement of Changes in Equity
The table below presents the consolidated changes in equity for three and six months ended June 30, 2025 and 2024:
3M Company Shareholders
Non-controlling interest
(Millions)Total
Common stock and additional paid-in capital
Retained earnings
Treasury stock
Accumulated other comprehensive income (loss)
Balance at March 31, 2025
$4,523 $7,310$37,432$(34,747)$(5,531)$59 
Net income725 723 2 
Other comprehensive income (loss), net of tax305 305  
Solventum spin-off(3)(14)11 
Dividends declared(390)(390)
Purchase of non-controlling interest  
Stock-based compensation44 44 
Reacquired stock(946)(946)
Issuances pursuant to stock option and benefit plans93 (58)151 
Balance at June 30, 2025
$4,351 $7,354 $37,693 $(35,542)$(5,215)$61 
Balance at March 31, 2024
$4,933 $6,982 $37,472 $(32,762)$(6,826)$67 
Net income1,151 1,145 
Other comprehensive income (loss), net of tax674 675 (1)
Solventum spin-off(2,169)(2,753)584 
Dividends declared(386)(386)
Stock-based compensation173 173 
Reacquired stock(400)(400)
Issuances pursuant to stock option and benefit plans12 (3)15 
Balance at June 30, 2024
$3,988 $7,155 $35,475 $(33,147)$(5,567)$72 
Balance at December 31, 2024$3,894 $7,238 $36,797 $(34,462)$(5,731)$52 
Net income
1,847 1,839 8 
Other comprehensive income (loss), net of tax
505 505 
Solventum spin-off(3)(14)11 
Dividends declared(786)(786)
Purchase of non-controlling interest1  1 
Stock-based compensation116 116 
Reacquired stock(2,221)(2,221)
Issuances pursuant to stock option and benefit plans998 (143)1,141 
Balance at June 30, 2025$4,351 $7,354 $37,693 $(35,542)$(5,215)$61 
Balance at December 31, 2023$4,868 $6,965 $37,479 $(32,859)$(6,778)$61 
Net income2,084 2,073 11 
Other comprehensive income (loss), net of tax
627 627 — 
Solventum spin-off(2,169)(2,753)584 
Dividends declared(1,221)(1,221)
Stock-based compensation190 190 
Reacquired stock(421)(421)
Issuances pursuant to stock option and benefit plans30 (103)133 
Balance at June 30, 2024$3,988 $7,155 $35,475 $(33,147)$(5,567)$72 
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) Attributable to 3M
The table below presents the changes in accumulated other comprehensive income (loss) attributable to 3M (AOCI), including the reclassifications out of AOCI by component for the three and six months ended June 30, 2025 and 2024:
(Millions)
Cumulative translation adjustment
Defined benefit pension and postretirement plans adjustment
Cash flow hedging instruments, unrealized gain (loss)
Total accumulated other comprehensive income (loss)
Balance at March 31, 2025, net of tax:
$(2,782)$(2,705)$(44)$(5,531)
Other comprehensive income (loss), before tax:
Amounts before reclassifications287 (7)(91)189 
Amounts reclassified out 71 (14)57 
Total other comprehensive income (loss), before tax287 64 (105)246 
Tax effect5
52 (15)22 59 
Total other comprehensive income (loss), net of tax339 49 (83)305 
Solventum spin-off 11  11 
Balance at June 30, 2025, net of tax:
$(2,443)$(2,645)$(127)$(5,215)
Balance at March 31, 2024, net of tax:
$(2,715)$(4,083)$(28)$(6,826)
Other comprehensive income (loss), before tax:
Amounts before reclassifications(148)218 23 93 
Amounts reclassified out11 876 (30)857 
Total other comprehensive income (loss), before tax(137)1,094 (7)950 
Tax effect2
(7)(268)— (275)
Total other comprehensive income (loss), net of tax(144)826 (7)675 
Solventum spin-off64 520 — 584 
Balance at June 30, 2024, net of tax:
$(2,795)$(2,737)$(35)$(5,567)
Balance at December 31, 2024, net of tax:
$(2,953)$(2,763)$(15)$(5,731)
Other comprehensive income (loss), before tax:
Amounts before reclassifications436 (7)(105)324 
Amounts reclassified out 147 (37)110 
Total other comprehensive income (loss), before tax436 140 (142)434 
Tax effect5
74 (33)30 71 
Total other comprehensive income (loss), net of tax510 107 (112)505 
Solventum spin-off 11  11 
Balance at June 30, 2025, net of tax:
$(2,443)$(2,645)$(127)$(5,215)
Balance at December 31, 2023, net of tax:
$(2,506)$(4,218)$(54)$(6,778)
Other comprehensive income (loss), before tax:
Amounts before reclassifications(401)285 84 (32)
Amounts reclassified out68 972 (57)983 
Total other comprehensive income (loss), before tax(333)1,257 27 951 
Tax effect5
(20)(296)(8)(324)
Total other comprehensive income (loss), net of tax(353)961 19 627 
Solventum spin-off64 520 — 584 
Balance at June 30, 2024, net of tax:
$(2,795)$(2,737)$(35)$(5,567)
5 Includes tax expense (benefit) reclassified out of AOCI related to the following:
Three months ended June 30,Six months ended June 30,
(Millions)
2025202420252024
Cumulative translation adjustment
$— $— $— $— 
Defined benefit pension and postretirement plans adjustment(17)(216)(35)(229)
Cash flow hedging instruments, realized gain/loss
4 9 13