3M CO
For the period ended Dec 31, 2024. Filed Feb 5, 2025.
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.
FY2024 · Filed Feb 5, 2025
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, 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 9) | (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 9) | (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 | |||||
| Net income | 4,188 | 4,173 | 15 | ||||||||
| Other comprehensive income (loss), net of tax | 462 | 463 | (1) | ||||||||
| Solventum spin-off | (2,167) | (2,751) | 584 | ||||||||
| Dividends declared ($3.61 per share, Note 9) | (1,982) | (1,982) | |||||||||
| Stock-based compensation | 273 | 273 | |||||||||
| Reacquired stock | (1,817) | (1,817) | |||||||||
| Dividend to noncontrolling interest | (23) | (23) | |||||||||
| Issuances pursuant to stock options and benefit plans | 92 | (122) | 214 | ||||||||
| Balance at December 31, 2024 | $3,894 | $7,238 | $36,797 | $(34,462) | $(5,731) | $52 | |||||
| Supplemental share information | 2024 | 2023 | 2022 |
|---|---|---|---|
| Treasury stock | |||
| Beginning balance | 391,451,920 | 394,787,951 | 372,187,578 |
| Reacquired stock | 14,954,620 | 290,379 | 10,865,635 |
| Split-off of Food Safety business | — | — | 15,989,536 |
| Issuances pursuant to stock options and benefit plans | (1,843,787) | (3,626,410) | (4,254,798) |
| Ending balance | 404,562,753 | 391,451,920 | 394,787,951 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.