3M CO
For the period ended Dec 31, 2025. Filed Feb 3, 2026.
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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.
FY2025 · Filed Feb 3, 2026
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
Table of Contents
FORM 10-K
For the Year Ended December 31, 2025
| TABLE OF CONTENTS | PAGE |
|---|---|
| PART I | 4 |
| Item 1. Business | 4 |
| Item 1A. Risk Factors | 10 |
| Item 1B. Unresolved Staff Comments | 18 |
| Item 1C. Cybersecurity | 18 |
| Item 2. Properties | 19 |
| Item 3. Legal Proceedings | 19 |
| Item 4. Mine Safety Disclosures | 20 |
| PART II | 20 |
| Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 20 |
| Item 6. [Reserved] | 20 |
| Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations | 20 |
| Overview | 21 |
| Results of Operations | 22 |
| Performance by Business Segment | 25 |
| Performance by Geographic Area | 27 |
| Critical Accounting Estimates | 31 |
| New Accounting Pronouncements | 33 |
| Financial Condition and Liquidity | 33 |
| Financial Instruments | 36 |
| Item 7A. Quantitative and Qualitative Disclosures About Market Risk | 36 |
| Item 8. Financial Statements and Supplementary Data | 36 |
| Index to Financial Statements | 36 |
| Management’s Responsibility for Financial Reporting | 37 |
| Management’s Report on Internal Control Over Financial Reporting | 37 |
| Report of Independent Registered Public Accounting Firm | 38 |
| Consolidated Statement of Income (Loss) | 40 |
| Consolidated Statement of Comprehensive Income (Loss) | 41 |
| Consolidated Balance Sheet | 42 |
| Consolidated Statement of Changes in Equity | 43 |
| Consolidated Statement of Cash Flows | 44 |
| Notes to Consolidated Financial Statements | 45 |
| Note 1. Significant Accounting Policies | 45 |
| Note 2. Discontinued Operations | 50 |
| Note 3. Revenue | 51 |
| Note 4. Divestitures | 52 |
| Note 5. Goodwill and Intangible Assets | 52 |
| Note 6. Restructuring Actions | 53 |
| Note 7. Supplemental Income Statement Information | 54 |
| Note 8. Supplemental Equity and Comprehensive Income Information | 54 |
| Note 9. Income Taxes | 56 |
| Note 10. Earnings (Loss) Per Share | 59 |
| Note 11. Marketable Securities | 59 |
| Note 12. Long-Term Debt and Short-Term Borrowings | 60 |
| Note 13. Pension and Postretirement Benefit Plans | 61 |
| Note 14. Supplier Finance Program Obligations | 67 |
| Note 15. Derivatives | 67 |
| Note 16. Fair Value Measurements | 71 |
| TABLE OF CONTENTS | PAGE |
|---|---|
| Note 17. Commitments and Contingencies | 73 |
| Note 18. Leases | 96 |
| Note 19. Stock-Based Compensation | 97 |
| Note 20. Business Segments and Geographic Information | 100 |
| Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure | 103 |
| Item 9A. Controls and Procedures | 103 |
| Item 9B. Other Information | 103 |
| Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 103 |
| PART III | 104 |
| Item 10. Directors, Executive Officers and Corporate Governance | 104 |
| Item 11. Executive Compensation | 104 |
| Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 105 |
| Item 13. Certain Relationships and Related Transactions, and Director Independence | 105 |
| Item 14. Principal Accounting Fees and Services | 105 |
| PART IV | 106 |
| Item 15. Exhibits, Financial Statement Schedules | 106 |
ANNUAL REPORT ON FORM 10-K
For the Year Ended December 31, 2025
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.