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Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2011
Significant Accounting Policies  
Earnings per share

 

 

 

 

Three months ended

June 30,

 

Six months ended

June 30,

 

(Amounts in millions, except per share amounts)

 

2011

 

2010

 

2011

 

2010

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income attributable to 3M

 

$

1,160

 

$

1,121

 

$

2,241

 

$

2,051

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Denominator for weighted average 3M common shares outstanding — basic

 

713.4

 

714.5

 

712.5

 

713.1

 

 

 

 

 

 

 

 

 

 

 

Dilution associated with the Company’s stock-based compensation plans

 

13.1

 

11.2

 

13.9

 

11.5

 

 

 

 

 

 

 

 

 

 

 

Denominator for weighted average 3M common shares outstanding — diluted

 

726.5

 

725.7

 

726.4

 

724.6

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to 3M common shareholders — basic

 

$

1.63

 

$

1.57

 

$

3.15

 

$

2.88

 

Earnings per share attributable to 3M common shareholders — diluted

 

$

1.60

 

$

1.54

 

$

3.09

 

$

2.83