v3.26.1
Consolidated Statement of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net sales $ 6,500 $ 6,344 $ 12,530 $ 12,298
Operating expenses        
Cost of sales 3,817 3,646 7,391 7,124
Selling, general and administrative expenses 1,061 1,267 1,805 2,212
Research, development and related expenses 302 288 610 573
Loss on business divestitures 336 3 343 3
Total operating expenses 5,516 5,204 10,149 9,912
Operating income 984 1,140 2,381 2,386
Other expense (income), net (136) 217 383 78
Income before income taxes 1,120 923 1,998 2,308
Provision for income taxes 183 245 404 510
Income of consolidated group 937 678 1,594 1,798
Income from unconsolidated subsidiaries, net of taxes 1 47 3 49
Net income including noncontrolling interest 938 725 1,597 1,847
Less: net income attributable to noncontrolling interest 5 2 11 8
Net income attributable to 3M $ 933 $ 723 $ 1,586 $ 1,839
Earnings per share attributable to 3M common shareholders:        
Weighted average 3M common shares outstanding — basic (in shares) 519.7 537.4 524.4 540.6
Earnings per share — basic (in dollars per share) $ 1.79 $ 1.35 $ 3.02 $ 3.40
Weighted average 3M common shares outstanding — diluted (in shares) 522.4 540.6 527.6 544.2
Earnings per share — diluted (in dollars per share) $ 1.78 $ 1.34 $ 3.01 $ 3.38