3M CO
For the period ended Dec 31, 2023. Filed Feb 7, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 7, 2024
MMM$188.63+1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statement of Changes in Equity
| 3M Company Shareholders | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (Dollars in millions, except per share amounts) · Total · Common Stock and Additional Paid-in Capital · Retained Earnings · Treasury Stock · Accumulated Other Comprehensive Income (Loss) · Non-controlling Interest | ||||||||||
| Balance at December 31, 2020 | $12,931 | $6,171 | $43,821 | $(29,404) | $(7,721) | $64 | ||||
| Net income | 5,929 | 5,921 | 8 | |||||||
| Other comprehensive income (loss), net of tax | 970 | 971 | (1) | |||||||
| Dividends declared ($5.92 per share, Note 8) | (3,420) | (3,420) | ||||||||
| Stock-based compensation | 267 | 267 | ||||||||
| Reacquired stock | (2,199) | (2,199) | ||||||||
| Issuances pursuant to stock options and benefit plans | 639 | (501) | 1,140 | |||||||
| Balance at December 31, 2021 | 15,117 | 6,438 | 45,821 | (30,463) | (6,750) | 71 | ||||
| Net income | 5,791 | 5,777 | 14 | |||||||
| Other comprehensive income (loss), net of tax | 69 | 77 | (8) | |||||||
| Dividends declared ($5.96 per share, Note 8) | (3,369) | (3,369) | ||||||||
| Stock-based compensation | 262 | 262 | ||||||||
| Reacquired stock | (1,464) | (1,464) | ||||||||
| Dividend to noncontrolling interest | (29) | (29) | ||||||||
| Split-off of Food Safety business | (1,988) | (1,988) | ||||||||
| Issuances pursuant to stock options and benefit plans | 381 | (279) | 660 | |||||||
| Balance at December 31, 2022 | 14,770 | 6,700 | 47,950 | (33,255) | (6,673) | 48 | ||||
| Net income (loss) | (6,979) | (6,995) | 16 | |||||||
| Other comprehensive income (loss), net of tax | (105) | (105) | — | |||||||
| Dividends declared ($6.00 per share, Note 8) | (3,311) | (3,311) | ||||||||
| Stock-based compensation | 265 | 265 | ||||||||
| Reacquired stock | (33) | (33) | ||||||||
| Dividend to noncontrolling interest | (3) | (3) | ||||||||
| Issuances pursuant to stock options and benefit plans | 264 | (165) | 429 | |||||||
| Balance at December 31, 2023 | $4,868 | $6,965 | $37,479 | $(32,859) | $(6,778) | $61 | ||||
| Supplemental share information | 2023 | 2022 | 2021 |
|---|---|---|---|
| Treasury stock | |||
| Beginning balance | 394,787,951 | 372,187,578 | 366,283,418 |
| Reacquired stock | 290,379 | 10,865,635 | 11,834,681 |
| Split-off of Food Safety business | — | 15,989,536 | — |
| Issuances pursuant to stock options and benefit plans | (3,626,410) | (4,254,798) | (5,930,521) |
| Ending balance | 391,451,920 | 394,787,951 | 372,187,578 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.