3M Company Website

3M Company

NYSE-MMM

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

32,136

32,184

35,355

34,229

32,681

32,614

Total Revenues % Chg.

-1.9%

0.1%

9.9%

-3.2%

-4.5%

12.3%

Cost of Goods Sold, Total

17,064

16,499

18,795

19,232

18,376

18,015

Gross Profit

15,072

15,685

16,560

14,997

14,305

14,599

Selling General & Admin Expenses, Total

6,893

6,667

6,812

6,692

6,611

7,292

R&D Expenses

1,874

1,862

1,994

1,862

1,810

1,760

Other Operating Expenses, Total

8,767

8,529

8,806

8,554

8,421

9,052

Operating Income

6,305

7,156

7,754

6,443

5,884

5,547

Interest Expense, Total

-448

-529

-488

-462

-942

-1,338

Interest And Investment Income

80

29

26

67

253

418

Net Interest Expenses

-368

-500

-462

-395

-689

-920

Income (Loss) On Equity Invest.

—

—

—

—

—

—

-5

10

11

18

17

Other Non Operating Income (Expenses)

—

—

—

—

—

36

—

—

—

—

—

EBT, Excl. Unusual Items

5,973

6,651

7,302

6,059

5,213

4,644

Restructuring Charges

—

—

-282

-250

-88

-909

-419

-305

Impairment of Goodwill

—

—

—

—

—

—

—

—

-271

—

—

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

—

—

—

1,113

Gain (Loss) On Sale Of Assets

—

-48

389

—

2,724

36

36

Legal Settlements

—

—

—

—

—

—

—

-1,200

-14,500

-4,200

EBT, Incl. Unusual Items

5,643

6,790

7,214

6,403

-9,670

1,288

Income Tax Expense

1,114

1,337

1,285

612

-2,691

-152

Earnings From Continuing Operations

4,529

5,453

5,929

5,791

-6,979

1,440

Earnings Of Discontinued Operations

—

—

—

—

—

—

—

—

—

—

-480

Minority Interest

-12

-4

-8

-14

-16

-17

Net Income

4,517

5,449

5,921

5,777

-6,995

943

Net Income to Common Incl Extra Items

4,517

5,449

5,921

5,777

-6,995

943

Net Income to Common Excl. Extra Items

4,517

5,449

5,921

5,777

-6,995

1,423

Total Shares Outstanding

575.2

577.7

571.8

549.2

552.6

549.4

Weighted Avg. Shares Outstanding

577

577.6

579

566

553.9

554.5

Weighted Avg. Shares Outstanding Dil

585.1

582.2

585.3

567.6

553.9

554.9

EPS

7.8

9.4

10.2

10.2

-12.6

1.7

EPS Diluted

7.7

9.4

10.1

10.2

-12.6

1.7

EBITDA

7,898

9,067

9,669

8,274

7,871

7,350

Effective Tax Rate

19.7%

19.7%

17.8%

9.6%

27.8%

-11.8%