3M CO
For the period ended Mar 31, 2025. Filed Apr 22, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Apr 22, 2025
MMM$188.63+1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Income
| Three months endedMarch 31, | ||
|---|---|---|
| (Millions, except per share amounts) | 2025 | 2024 |
| Net sales | $5,954 | $6,016 |
| Operating expenses | ||
| Cost of sales | 3,478 | 3,485 |
| Selling, general and administrative expenses | 945 | 1,128 |
| Research, development and related expenses | 285 | 254 |
| Total operating expenses | 4,708 | 4,867 |
| Operating income | 1,246 | 1,149 |
| Other expense (income), net | (139) | 220 |
| Income from continuing operations before income taxes | 1,385 | 929 |
| Provision for income taxes | 265 | 220 |
| Income from continuing operations of consolidated group | 1,120 | 709 |
| Income from unconsolidated subsidiaries, net of taxes | 2 | 1 |
| Net income from continuing operations including noncontrolling interest | 1,122 | 710 |
| Less: net income attributable to noncontrolling interest | 6 | 5 |
| Net income from continuing operations attributable to 3M | 1,116 | 705 |
| Net income from discontinued operations, net of taxes | — | 223 |
| Net income attributable to 3M | $1,116 | $928 |
| Earnings per share attributable to 3M common shareholders: | ||
| Weighted average 3M common shares outstanding — basic | 543.8 | 555.0 |
| Earnings per share from continuing operations — basic | $2.05 | $1.27 |
| Earnings per share from discontinued operations — basic | — | 0.40 |
| Earnings per share — basic | $2.05 | $1.67 |
| Weighted average 3M common shares outstanding — diluted | 547.7 | 555.9 |
| Earnings per share from continuing operations — diluted | $2.04 | $1.27 |
| Earnings per share from discontinued operations — diluted | — | 0.40 |
| Earnings per share — diluted | $2.04 | $1.67 |
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