Supplemental Equity and Comprehensive Income Information (Tables)

6 Months Ended

Jun. 30, 2025

Stockholders' Equity Note [Abstract]

Schedule of Consolidated Statement of Changes in Equity

The table below presents the consolidated changes in equity for three and six months ended June 30, 2025 and 2024:


			3M Company Shareholders								Non-controlling interest
(Millions)	Total		Common stock and additional paid-in capital		Retained earnings		Treasury stock		Accumulated other comprehensive income (loss)
Balance at March 31, 2025	$	4,523	$	7,310	$	37,432	$	(34,747)	$	(5,531)	$	59
Net income	725				723						2
Other comprehensive income (loss), net of tax	305								305		—
Solventum spin-off	(3)				(14)				11
Dividends declared	(390)				(390)
Purchase of non-controlling interest	—		—								—
Stock-based compensation	44		44
Reacquired stock	(946)						(946)

Issuances pursuant to stock option and benefit plans	93				(58)		151
Balance at June 30, 2025	$	4,351	$	7,354	$	37,693	$	(35,542)	$	(5,215)	$	61

Balance at March 31, 2024	$	4,933	$	6,982	$	37,472	$	(32,762)	$	(6,826)	$	67
Net income	1,151				1,145						6
Other comprehensive income (loss), net of tax	674								675		(1)
Solventum spin-off	(2,169)				(2,753)				584
Dividends declared	(386)				(386)
Stock-based compensation	173		173
Reacquired stock	(400)						(400)


Issuances pursuant to stock option and benefit plans	12				(3)		15
Balance at June 30, 2024	$	3,988	$	7,155	$	35,475	$	(33,147)	$	(5,567)	$	72

Balance at December 31, 2024	$	3,894	$	7,238	$	36,797	$	(34,462)	$	(5,731)	$	52
Net income	1,847				1,839						8
Other comprehensive income (loss), net of tax	505								505
Solventum spin-off	(3)				(14)				11
Dividends declared	(786)				(786)
Purchase of non-controlling interest	1		—								1
Stock-based compensation	116		116
Reacquired stock	(2,221)						(2,221)

Issuances pursuant to stock option and benefit plans	998				(143)		1,141
Balance at June 30, 2025	$	4,351	$	7,354	$	37,693	$	(35,542)	$	(5,215)	$	61

Balance at December 31, 2023	$	4,868	$	6,965	$	37,479	$	(32,859)	$	(6,778)	$	61
Net income	2,084				2,073						11
Other comprehensive income (loss), net of tax	627								627		—
Solventum spin-off	(2,169)				(2,753)				584
Dividends declared	(1,221)				(1,221)
Stock-based compensation	190		190
Reacquired stock	(421)						(421)


Issuances pursuant to stock option and benefit plans	30				(103)		133
Balance at June 30, 2024	$	3,988	$	7,155	$	35,475	$	(33,147)	$	(5,567)	$	72

Schedule of Changes in Accumulated Other Comprehensive Income (Loss) Attributable to 3M

The table below presents the changes in accumulated other comprehensive income (loss) attributable to 3M (AOCI), including the reclassifications out of AOCI by component for the three and six months ended June 30, 2025 and 2024:


(Millions)	Cumulative translation adjustment		Defined benefit pension and postretirement plans adjustment		Cash flow hedging instruments, unrealized gain (loss)		Total accumulated other comprehensive income (loss)
Balance at March 31, 2025, net of tax:	$	(2,782)	$	(2,705)	$	(44)	$	(5,531)
Other comprehensive income (loss), before tax:
Amounts before reclassifications	287		(7)		(91)		189
Amounts reclassified out	—		71		(14)		57
Total other comprehensive income (loss), before tax	287		64		(105)		246
Tax effect5	52		(15)		22		59
Total other comprehensive income (loss), net of tax	339		49		(83)		305
Solventum spin-off	—		11		—		11
Balance at June 30, 2025, net of tax:	$	(2,443)	$	(2,645)	$	(127)	$	(5,215)

Balance at March 31, 2024, net of tax:	$	(2,715)	$	(4,083)	$	(28)	$	(6,826)
Other comprehensive income (loss), before tax:
Amounts before reclassifications	(148)		218		23		93
Amounts reclassified out	11		876		(30)		857
Total other comprehensive income (loss), before tax	(137)		1,094		(7)		950
Tax effect2	(7)		(268)		—		(275)
Total other comprehensive income (loss), net of tax	(144)		826		(7)		675
Solventum spin-off	64		520		—		584
Balance at June 30, 2024, net of tax:	$	(2,795)	$	(2,737)	$	(35)	$	(5,567)

Balance at December 31, 2024, net of tax:	$	(2,953)	$	(2,763)	$	(15)	$	(5,731)
Other comprehensive income (loss), before tax:
Amounts before reclassifications	436		(7)		(105)		324
Amounts reclassified out	—		147		(37)		110
Total other comprehensive income (loss), before tax	436		140		(142)		434
Tax effect5	74		(33)		30		71
Total other comprehensive income (loss), net of tax	510		107		(112)		505
Solventum spin-off	—		11		—		11
Balance at June 30, 2025, net of tax:	$	(2,443)	$	(2,645)	$	(127)	$	(5,215)

Balance at December 31, 2023, net of tax:	$	(2,506)	$	(4,218)	$	(54)	$	(6,778)
Other comprehensive income (loss), before tax:
Amounts before reclassifications	(401)		285		84		(32)
Amounts reclassified out	68		972		(57)		983
Total other comprehensive income (loss), before tax	(333)		1,257		27		951
Tax effect5	(20)		(296)		(8)		(324)
Total other comprehensive income (loss), net of tax	(353)		961		19		627
Solventum spin-off	64		520		—		584
Balance at June 30, 2024, net of tax:	$	(2,795)	$	(2,737)	$	(35)	$	(5,567)

5 Includes tax expense (benefit) reclassified out of AOCI related to the following:


	Three months ended June 30,				Six months ended June 30,
(Millions)	2025		2024		2025		2024
Cumulative translation adjustment	$	—	$	—	$	—	$	—
Defined benefit pension and postretirement plans adjustment	(17)		(216)		(35)		(229)
Cash flow hedging instruments, realized gain/loss	4		7		9		13

3M CO 10-Q