<SEC-DOCUMENT>0001308179-23-000039.txt : 20230208
<SEC-HEADER>0001308179-23-000039.hdr.sgml : 20230208
<ACCEPTANCE-DATETIME>20230208161044
ACCESSION NUMBER:		0001308179-23-000039
CONFORMED SUBMISSION TYPE:	S-3ASR
PUBLIC DOCUMENT COUNT:		7
FILED AS OF DATE:		20230208
DATE AS OF CHANGE:		20230208
EFFECTIVENESS DATE:		20230208

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			3M CO
		CENTRAL INDEX KEY:			0000066740
		STANDARD INDUSTRIAL CLASSIFICATION:	SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
		IRS NUMBER:				410417775
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-3ASR
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-269639
		FILM NUMBER:		23599198

	BUSINESS ADDRESS:	
		STREET 1:		3M CENTER
		STREET 2:		BLDG. 220-13E-26A
		CITY:			ST PAUL
		STATE:			MN
		ZIP:			55144-1000
		BUSINESS PHONE:		6517331474

	MAIL ADDRESS:	
		STREET 1:		3M CENTER
		STREET 2:		BLDG. 220-13E-26A
		CITY:			ST. PAUL
		STATE:			MN
		ZIP:			55144-1000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MINNESOTA MINING & MANUFACTURING CO
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-3ASR
<SEQUENCE>1
<FILENAME>mmm4150291-s3asr.htm
<DESCRIPTION>AUTOMATIC SHELF REGISTRATION STATEMENT
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>

<BODY bgcolor="#ffffff">
<div>
<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>As filed with the Securities and Exchange
Commission on February 8, 2023</B></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Registration No.&nbsp;333-&nbsp;&nbsp;&nbsp;</B></P>





<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 3px solid; border-bottom: Black 1px solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->



<P STYLE="font: 16.5pt Times New Roman, Times, Serif; margin: 3pt 0 0pt; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 16.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 2pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 2pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->


<P STYLE="font: 16.5pt Times New Roman, Times, Serif; margin: 3pt 0 2pt; text-align: center"><B>FORM&nbsp;S-3</B></P>

<P STYLE="font: 10.5pt Times New Roman, Times, Serif; margin: 2pt 0 3pt; text-align: center"><B>REGISTRATION STATEMENT<BR>
Under<BR>
The Securities Act of 1933</B></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 16.5pt Times New Roman, Times, Serif; margin: 2pt 0 0; text-align: center"><B>3M Company</B></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 0pt 0 3pt; text-align: center">(Exact name of Registrant as specified
in its charter)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8.5pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <TD STYLE="vertical-align: top; width: 49.5%; text-align: center"><font style="font-size: 8.5pt"><b>Delaware</b></font></td>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
    <TD STYLE="vertical-align: top; width: 49.5%; text-align: center"><font style="font-size: 8.5pt"><b>41-0417775</b></font></td></tr>
<tr>
    <TD STYLE="vertical-align: top; text-align: center"><font style="font-size: 8.5pt">(State or other jurisdiction of</font></td>
    <TD STYLE="vertical-align: bottom">&nbsp;</td>
    <TD STYLE="vertical-align: top; text-align: center"><font style="font-size: 8.5pt">(I.R.S. Employer</font></td></tr>
<tr>
    <TD STYLE="vertical-align: top; text-align: center"><font style="font-size: 8.5pt">incorporation or organization)</font></td>
    <TD STYLE="vertical-align: bottom">&nbsp;</td>
    <TD STYLE="vertical-align: top; text-align: center"><font style="font-size: 8.5pt">Identification No.)</font></td></tr>
</table>
<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 5pt 0 0pt; text-align: center"><B>3M Center<BR>
St. Paul, Minnesota 55144<BR>
(651) 733-1110</B></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 0 0 5pt; text-align: center">(Address, including zip code, and telephone
number, including area code, of Registrant&rsquo;s principal executive offices)</P>


<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 5pt 0 0pt; text-align: center"><B>Kevin H. Rhodes, Executive Vice President,
Chief Legal Affairs Officer<SUP> </SUP><BR>
3M Company<BR>
3M Center<BR>
St. Paul, Minnesota 55144<BR>
(651) 733-1110</B></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 0 0 5pt; text-align: center">(Name, address, including zip code, and
telephone number, including area code, of agent for service)</P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 5pt 0 0pt; text-indent: 30pt"><B>Approximate date of commencement of proposed
sale to the public: From time to time after the effective date of this Registration Statement.</B></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 5pt 0 0pt; text-indent: 30pt">If the only securities being registered
on this Form&nbsp;are being offered pursuant to dividend or interest reinvestment plans, please check the following box. <FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 5pt 0 0pt; text-indent: 30pt">If any of the securities being registered
on this Form&nbsp;are to be offered on a delayed or continuous basis pursuant to Rule&nbsp;415 under the Securities Act of 1933,
other than securities offered only in connection with dividend or interest reinvestment plans, check the following box. <FONT STYLE="font-family: Wingdings">x</FONT></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 5pt 0 0pt; text-indent: 30pt">If this Form&nbsp;is filed to register additional
securities for an offering pursuant to Rule&nbsp;462(b)&nbsp;under the Securities Act, please check the following box and list
the Securities Act registration statement number of the earlier effective registration statement for the same offering. <FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 5pt 0 0pt; text-indent: 30pt">If this Form&nbsp;is a post-effective amendment
filed pursuant to Rule&nbsp;462(c)&nbsp;under the Securities Act, check the following box and list the Securities Act registration
statement number of the earlier effective registration statement for the same offering. <FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 5pt 0 0pt; text-indent: 30pt">If this Form&nbsp;is a registration statement
pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission
pursuant to Rule&nbsp;462(e)&nbsp;under the Securities Act, check the following box. <FONT STYLE="font-family: Wingdings">x</FONT></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 5pt 0 0pt; text-indent: 30pt">If this Form&nbsp;is a post-effective amendment
to a registration statement filed pursuant to General Instruction I.D. filed to register additional securities or additional classes
of securities pursuant to Rule&nbsp;413(b)&nbsp;under the Securities Act, check the following box. <FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 5pt 0; text-indent: 30pt">Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth
company. See the definitions of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer&rdquo;, &ldquo;smaller reporting
company,&rdquo; and &ldquo;emerging growth company&rdquo; in Rule&nbsp;12b-2 of the Exchange Act.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8.5pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 60%"><font style="font-size: 8.5pt">Large accelerated filer <font style="font-family: Wingdings">x</font></font></td>
    <TD STYLE="width: 1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
    <TD STYLE="width: 39%"><font style="font-size: 8.5pt">Accelerated filer <font style="font-family: Wingdings">o</font></font></td></tr>
<tr style="vertical-align: top">
    <TD><font style="font-size: 8.5pt">Non-accelerated filer <font style="font-family: Wingdings">o</font> (Do not check if a smaller reporting company)</font></td>
    <TD>&nbsp;</td>
    <TD><font style="font-size: 8.5pt">Smaller reporting company <font style="font-family: Wingdings">o</font></font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td>
    <TD><font style="font-size: 8.5pt">Emerging growth company <font style="font-family: Wingdings">o</font></font></td></tr>
</table>
<P STYLE="font: 8pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 7(a)(2)(B) of the Securities Act. <FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9744;</FONT></P>


<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="font: 9pt Sans-Serif; margin: 0pt 0; color: Red"><B><IMG SRC="mmm4150291-s3a001.jpg" ALT=""></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">PROSPECTUS</P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>3M Company</B></FONT></P>

<P STYLE="margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Debt Securities</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center; margin-top: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Common Stock</FONT></P>


<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">We from time to time may offer
to sell debt securities and common stock. Our common stock is listed on the New York Stock Exchange and trades under the ticker
symbol &ldquo;MMM&rdquo;.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">We may offer and sell these
securities to or through one or more underwriters, dealers and agents, or directly to purchasers, on a continuous or delayed basis.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">This prospectus describes some
of the general terms that may apply to these securities. The specific terms of any securities to be offered will be described
in a prospectus supplement to this prospectus.</FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 12pt Times New Roman, Times, Serif"><B><I>Investing in our securities
involves risks. You should carefully consider the risks described under &ldquo;Risk Factors&rdquo; on page&nbsp;4 of this prospectus,
as well as the information incorporated by reference in this prospectus and the applicable prospectus supplement, before making
a decision to invest in our securities.</I></B></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Neither the Securities and
Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy
or adequacy of this prospectus. Any representation to the contrary is a criminal offense.</B></FONT></P>



<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">This prospectus is dated February
8, 2023.</FONT></P>


<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">You should rely only on the
information contained or incorporated by reference in this prospectus and the applicable prospectus supplement or other offering
material filed or provided by us. We are not making an offer of these securities in any state where the offer is not permitted.
You should not assume that the information contained in this prospectus or the applicable prospectus supplement or any such other
offering material is accurate as of any date other than their respective dates.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A NAME="toc"></A><B>TABLE OF CONTENTS</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Prospectus</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 95%; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font: 8pt Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></td>
    <TD STYLE="width: 5%; border-bottom: Black 1px solid; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font: 8pt Times New Roman, Times, Serif"><B>Page</B></FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</td>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</td></tr>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a001">ABOUT THIS PROSPECTUS</A></td>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a001">3</A></td></tr>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a002">WHERE YOU CAN FIND ADDITIONAL INFORMATION</A></td>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a002">3</A></td></tr>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a003">INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE</A></td>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a003">3</A></td></tr>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a004">THE COMPANY</A></td>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a004">3</A></td></tr>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a005">RISK FACTORS</A></td>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a005">4</A></td></tr>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a006">USE OF PROCEEDS</A></td>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a006">4</A></td></tr>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a007">DESCRIPTION OF THE SECURITIES WE MAY&nbsp;OFFER</A></td>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a007">4</A></td></tr>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a008">DEBT SECURITIES</A></td>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a008">4</A></td></tr>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a009">CAPITAL STOCK</A></td>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a009">14</A></td></tr>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a010">PLAN OF DISTRIBUTION</A></td>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a010">15</A></td></tr>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a011">LEGAL MATTERS</A></td>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a011">15</A></td></tr>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a012">EXPERTS</A></td>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt"><A HREF="#mmm4150291-s3a012">15</A></td></tr>
</table>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><A NAME="mmm4150291-s3a001"></A>ABOUT THIS PROSPECTUS</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">This prospectus is part of
a registration statement that we filed with the Securities and Exchange Commission (&ldquo;SEC&rdquo;) using a &ldquo;shelf&rdquo;
registration process. Under this process, we may sell, from time to time, in one or more offerings, any combination of the securities
described in this prospectus. This prospectus and any applicable prospectus supplement do not contain all of the information included
in the registration statement as permitted by the rules&nbsp;and regulations of the SEC. The registration statement that contains
this prospectus, including the exhibits to the registration statement, provides additional information about us.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><A NAME="mmm4150291-s3a002"></A><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>WHERE YOU CAN FIND ADDITIONAL
INFORMATION</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">We file annual, quarterly and
current reports, proxy statements and other information with the SEC. Our SEC filings are available to the public over the Internet
at the SEC&rsquo;s web site at http://www.sec.gov. Information about us, including our SEC filings, is also available at our Internet
site at http://www.3m.com. However, the information on our Internet site is not a part of, or incorporated by reference in, this
prospectus or any prospectus supplement.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><A NAME="mmm4150291-s3a003"></A>INCORPORATION OF CERTAIN
DOCUMENTS BY REFERENCE</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The SEC rules&nbsp;allow us
to incorporate by reference information into this prospectus. This means we can disclose important information to you by referring
you to another document. Any information referred to in this way is considered part of this prospectus from the date we file that
document. Any reports filed by us with the SEC after the date of this prospectus and before the date that the offering of the
securities by means of this prospectus is terminated will automatically update and, where applicable, supersede any information
contained in this prospectus or incorporated by reference in this prospectus.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Accordingly, we incorporate
by reference into this prospectus the following documents or information filed with the SEC (other than, in each case, documents
or information deemed furnished and not filed in accordance with SEC rules, and no such information shall be deemed specifically
incorporated by reference hereby):</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/66740/000006674023000014/mmm-20221231.htm">our Annual Report on Form&nbsp;10-K for the year ended December&nbsp;31, 2022;</A></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">our
                                         Current Reports on Form 8-K dated <A HREF="https://www.sec.gov/Archives/edgar/data/66740/000006674023000010/mmm-20230207.htm" STYLE="-sec-extract: exhibit">February 8, 2023</A>, and <A HREF="https://www.sec.gov/Archives/edgar/data/66740/000006674023000011/mmm-20230207.htm" STYLE="-sec-extract: exhibit">February 8, 2023</A>;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">
<A style="-sec-extract:exhibit" HREF="https://www.sec.gov/Archives/edgar/data/66740/000120677422000811/mmm3983801-def14a.htm">our
                                         Definitive Proxy Statement on Schedule 14A filed on March 23, 2022;</A> and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">all
                                         documents filed by us under Sections&nbsp;13(a), 13(c), 14 or 15(d)&nbsp;of the Securities
                                         Exchange Act of 1934 on or after the date of this prospectus and before the termination
                                         of this offering.</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">We will provide without charge
to each person, including any beneficial owner, to whom this prospectus is delivered, upon his or her written or oral request,
a copy of any or all documents referred to above which have been or may be incorporated by reference into this prospectus excluding
exhibits to those documents, unless they are specifically incorporated by reference into those documents. You can request those
documents from:</FONT></P>

<P STYLE="margin-right: 0; margin-left: 60pt; margin-bottom: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3M Company</FONT></P>

<P STYLE="margin: 0 0 0 60pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3M Center</FONT></P>

<P STYLE="margin: 0 0 0 60pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">St. Paul, MN 55144-1000</FONT></P>

<P STYLE="margin: 0 0 0 60pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Phone: (651)&nbsp;733-1110</FONT></P>

<P STYLE="margin-right: 0; margin-left: 60pt; margin-top: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Attention: Investor Relations</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><A NAME="mmm4150291-s3a004"></A>THE COMPANY</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3M Company was incorporated
in 1929 under the laws of the State of Delaware to continue operations begun in 1902. 3M&rsquo;s principal executive offices are
located at 3M Center, St. Paul, Minnesota 55144 (telephone: 651-733-1110).</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3M is a diversified technology
company with a global presence in the following businesses:&nbsp;Safety and Industrial; Transportation and Electronics; Health
Care; and Consumer. 3M is among the leading manufacturers of products for many of the markets it serves. Most 3M products involve
expertise in product development, manufacturing and marketing, and are subject to competition from products manufactured and sold
by other technologically oriented companies.&#8203;</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">When we refer to &ldquo;3M,&rdquo;
&ldquo;our company,&rdquo; &ldquo;we,&rdquo; &ldquo;our&rdquo; and &ldquo;us&rdquo; in this prospectus under the heading &ldquo;The
Company,&rdquo; we mean 3M Company and its consolidated subsidiaries unless the context indicates otherwise. When these terms
are used elsewhere in this prospectus, we refer only to 3M Company unless the context indicates otherwise.</FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><A NAME="mmm4150291-s3a005"></A>RISK FACTORS</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">You should carefully consider,
among other things, the risks and other matters that are identified or discussed in Part&nbsp;I,&nbsp;Item&nbsp;1A, &ldquo;Risk
Factors&rdquo; of our Annual Report on Form&nbsp;10-K for the year ended December&nbsp;31, 2022, and in other documents that are
incorporated by reference into this prospectus and any applicable prospectus supplement.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><A NAME="mmm4150291-s3a006"></A>USE OF PROCEEDS</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Unless otherwise specified
in the applicable prospectus supplement or other offering material, we will use the net proceeds from the sale of the securities
for general corporate purposes.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><A NAME="mmm4150291-s3a007"></A>DESCRIPTION OF THE SECURITIES
WE MAY&nbsp;OFFER</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">We may issue from time to time,
in one or more offerings, the following securities:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">debt
                                         securities, and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">shares
                                         of common stock.</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">This prospectus contains a
summary of the material general terms of the various securities that we may offer. The specific terms of the securities will be
described in a prospectus supplement and other offering material, which may be in addition to or different from the general terms
summarized in this prospectus. We may issue debt securities that are convertible into common stock that may be sold under this
prospectus. Where applicable, the prospectus supplement and other offering material will also describe any material United States
federal income tax considerations relating to the securities offered and indicate whether the securities offered are or will be
listed on any securities exchange. The summaries contained in this prospectus and in any prospectus supplement or other offering
material may not contain all of the information that you would find useful. Accordingly, you should read the actual documents
relating to any securities sold pursuant to this prospectus. You should read &ldquo;Where You Can Find Additional Information&rdquo;
and &ldquo;Incorporation of Certain Documents by Reference&rdquo; to find out how you can obtain a copy of those documents.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><A NAME="mmm4150291-s3a008"></A>DEBT SECURITIES</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">This section describes the
general terms and provisions of the debt securities. The applicable prospectus supplement will describe the specific terms of
the debt securities offered through that prospectus supplement and any general terms outlined in this section that will not apply
to those debt securities. The debt securities will be issued under an indenture, dated as of November&nbsp;17, 2000, as amended
on July&nbsp;29, 2011, between us and The Bank of New York Mellon Trust Company, N.A., as successor trustee. As used in this prospectus,
&ldquo;debt securities&rdquo; means the debentures, notes, bonds and other evidence of indebtedness that we issue and the trustee
authenticates and delivers under the indenture.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">We have summarized the general
terms and provisions of the indenture in this section. This summary, however, does not describe every aspect of the indenture.
We have filed the indenture with the SEC. You should read the indenture for additional information before you buy any debt securities.
The summary that follows includes references to section numbers of the indenture so that you can more easily locate these provisions.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>General</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The debt securities will be
our direct, senior, unsecured obligations. The indenture does not limit the amount of debt securities that we may issue and permits
us to issue debt securities from time to time. Debt securities issued under the indenture will be issued as part of a series that
has been established by us under the indenture. (Section&nbsp;301) Unless a prospectus supplement relating to debt securities
states otherwise, the indenture and the terms of the debt securities will not contain any covenants designed to afford Holders
(as defined below) of any debt securities protection in a highly leveraged or other transaction involving us that may adversely
affect Holders of the debt securities. If we ever issue bearer securities we will summarize provisions of the indenture that relate
to bearer securities in the applicable prospectus supplement.</FONT></P>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">4</FONT></P>

<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">A prospectus supplement relating to a series of
debt securities being offered will include specific terms relating to the offering. (Section&nbsp;301) These terms will include
some or all of the following:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         title and type of the debt securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         limit on the total principal amount of the debt securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         price at which the debt securities will be issued;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         maturity date of the debt securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         date or dates on which the principal of and premium, if any, on the debt securities will
                                         be payable;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">if
                                         the debt securities will bear interest:</FONT></TD></TR>                                                                                                 <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         interest rate on the debt securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 60pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         date from which interest will accrue;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 60pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         record and interest payment dates for the debt securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 60pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         interest payment dates; and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 60pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         circumstances under which we may defer interest payments;</FONT></TD></TR>                                                                                                                   <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         optional redemption provisions that would permit us or the Holders of debt securities
                                         to elect redemption of the debt securities before their final maturity;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         sinking fund provisions that would obligate us to redeem the debt securities before their
                                         final maturity;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         currency or currencies in which the debt securities will be denominated and payable,
                                         if other than U.S.&nbsp;dollars;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         provisions that would permit us or the Holders of the debt securities to elect the currency
                                         or currencies in which the debt securities are paid;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">whether
                                         the provisions described under the heading &ldquo;Defeasance&rdquo; below apply to the
                                         debt securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         changes to or additional events of default or covenants;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">whether
                                         the debt securities will be issued in whole or in part in the form of temporary or permanent
                                         global securities and, if so, the depositary for those global securities (a &ldquo;global
                                         security&rdquo; means a debt security that we issue in accordance with the indenture
                                         to represent all or part of a series of debt securities);</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         special tax implications of the debt securities; and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         other terms of the debt securities.</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">A &ldquo;Holder,&rdquo; with respect to a registered
security, means the person in whose name the debt security is registered in the security register. (Section&nbsp;101)</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Our company, without the consent
of Holders of any debt securities, may issue additional debt securities with terms different from those of debt securities previously
issued, and it may reopen a previous series of debt securities and issue additional debt securities of that series.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Payment; Exchange; Transfer</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">We will designate a place of
payment where you can receive payment of the principal of and any premium and interest on the debt securities or transfer the
debt securities. Even though we will designate a place of payment, we may elect to pay any interest on the debt securities by
mailing a check to the person listed as the owner of the debt securities in the security register or by wire transfer to an account
designated by that person in writing not less than ten days before the date of the interest payment. (Sections 307, 1002) There
will be no service charge for any registration of transfer or exchange of the debt securities, but we may require you to pay any
tax or other governmental charge payable in connection with a transfer or exchange of the debt securities. (Section&nbsp;305)</FONT></P>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">5</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Denominations</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Unless the prospectus supplement
states otherwise, the debt securities will be issued only in registered form, without coupons, in denominations of $1,000 each
or multiples of $1,000.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Original Issue Discount</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Debt securities may be issued
under the indenture as original issue discount securities and sold at a substantial discount below their stated principal amount.
If a debt security is an &ldquo;original issue discount security,&rdquo; that means that an amount less than the principal amount
of the debt security will be due and payable upon a declaration of acceleration of the maturity of the debt security under the
indenture. (Section&nbsp;101) The applicable prospectus supplement will describe the federal income tax consequences and other
special factors which should be considered before purchasing any original issue discount securities.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Classification of Restricted and Unrestricted
Subsidiaries</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The indenture contains several
restrictive covenants that apply to us and all of our Restricted Subsidiaries (defined below). Those covenants do not apply to
our Unrestricted Subsidiaries (defined below). For example, the assets and indebtedness of Unrestricted Subsidiaries and investments
by us or our Restricted Subsidiaries in Unrestricted Subsidiaries are not included in the calculations described under the heading
&ldquo;&mdash;Restrictions on Secured Funded Debt&rdquo; below. The indenture does not require us to maintain any Restricted Subsidiaries
and, if we do not, the indenture will not provide any limitations on the amount of secured debt created or incurred by our Subsidiaries
(defined below).</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">A &ldquo;Subsidiary&rdquo;
is any corporation of which we own more than 50% of the outstanding shares of Voting Stock, except for directors&rsquo; qualifying
shares, directly or through one or more of our other Subsidiaries. &ldquo;Voting Stock&rdquo; means stock that is entitled in
the ordinary course (<I>i.e.</I>, not only as a result of the happening of a contingency) to vote in an election for directors.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">A &ldquo;Restricted Subsidiary&rdquo;
means any of our Subsidiaries which has substantially all of its property in the United States, which owns or is a lessee of any
Principal Property and in which our investment and the investment of our Subsidiaries exceeds 1% of our Consolidated Net Tangible
Assets as of the date of the determination, other than Unrestricted Subsidiaries. Additionally, this definition includes any other
Subsidiary designated by our board of directors as a Restricted Subsidiary. (Section&nbsp;101). A &ldquo;Wholly-owned Restricted
Subsidiary&rdquo; is a Restricted Subsidiary of which we own all of the outstanding capital stock directly or through our other
Wholly-owned Restricted Subsidiaries.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Our &ldquo;Unrestricted Subsidiaries&rdquo;
are:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3M
                                         Financial Management Company;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">other
                                         Subsidiaries (whose primary business is in finance operations in connection with leasing
                                         and conditional sales transactions on behalf of 3M and its Subsidiaries) acquired or
                                         formed by us after the date of the indenture; and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         other Subsidiary if a majority of its Voting Stock is owned directly or indirectly by
                                         one or more Unrestricted Subsidiaries.</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Our board of directors can at any time change
a Subsidiary&rsquo;s designation from an Unrestricted Subsidiary to a Restricted Subsidiary if:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         majority of that Subsidiary&rsquo;s Voting Stock is not owned by an Unrestricted Subsidiary,
                                         and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">after
                                         the change of designation, we would be in compliance with the restrictions contained
                                         in the Secured Funded Debt covenant described under the heading &ldquo;&#8212;Restrictions
                                         on Secured Funded Debt&rdquo; below. (Sections&nbsp;101, 1010(a))</FONT></TD></TR></TABLE>

<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">6</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Restrictions on Secured Funded Debt</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The indenture limits the amount
of Secured Funded Debt (defined below) that we and our Restricted Subsidiaries may incur or otherwise create (including by guarantee).
Neither we nor our Restricted Subsidiaries may incur or otherwise create any new Secured Funded Debt unless immediately after
this incurrence or creation:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         sum of:</FONT></TD></TR>                                                                 <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         aggregate principal amount of all of our outstanding Secured Funded Debt and that of
                                         our Restricted Subsidiaries, other than the several categories of Secured Funded Debt
                                         discussed below, plus</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         aggregate amount of our Attributable Debt (defined below) and that of our Restricted
                                         Subsidiaries relating to sale and lease-back transactions,</FONT></TD></TR>                                                                                                                    <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">does
                                         not exceed 15% of our Consolidated Net Tangible Assets (defined below).</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">This limitation does not apply if the outstanding
debt securities are secured equally and ratably with or prior to the new Secured Funded Debt. (Sections&nbsp;1008(a), 1008(c))</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&ldquo;Secured Funded Debt&rdquo;
means Funded Debt which is secured by a mortgage, lien or other similar encumbrance upon any of our assets or those of our Restricted
Subsidiaries. (Section&nbsp;101)</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&ldquo;Funded Debt&rdquo; means:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Indebtedness
                                         maturing, or which we may extend or renew to mature, more than 12&nbsp;months after the
                                         time the amount of Funded Debt is computed, plus</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">guarantees
                                         of Indebtedness (defined below) of the type described in the preceding bullet point,
                                         or of dividends, except guarantees in connection with the sale or discount of accounts
                                         receivable, trade acceptances and other paper arising in the ordinary course of business,
                                         plus</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Funded
                                         Debt secured by a mortgage, lien or similar encumbrance on our assets or those of our
                                         Restricted Subsidiaries, whether or not this Funded Debt is assumed by us or one of our
                                         Restricted Subsidiaries, plus</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">in
                                         the case of a Subsidiary, all preferred stock of that Subsidiary.</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Funded Debt <I>does not include</I> any amount
relating to obligations under leases, or guarantees of leases, whether or not those obligations would be included as liabilities
on our consolidated balance sheet. (Section&nbsp;101)</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&ldquo;Indebtedness&rdquo;
means, except as set forth in the next sentence:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">all
                                         items of indebtedness or liability, except capital and surplus, which under accounting
                                         principles generally accepted in the United States of America would be included in total
                                         liabilities on the liability side of a balance sheet as of the date that indebtedness
                                         is being determined;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">indebtedness
                                         secured by a mortgage, lien or other similar encumbrance on property owned subject to
                                         that mortgage, lien or other similar encumbrance, regardless of whether the indebtedness
                                         secured by that mortgage, lien or other similar encumbrance was assumed; and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">guarantees,
                                         endorsements, other than for purposes of collection, and other contingent obligations
                                         relating to, or to purchase or otherwise acquire, indebtedness of others, unless the
                                         amount of the guarantees, endorsements or other contingent obligations is included in
                                         the preceding two bullet points.</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Indebtedness does not include any obligations
or guarantees of obligations relating to lease rentals, even if these obligations or guarantees of obligations would be included
as liabilities on our consolidated balance sheet. (Section&nbsp;101)</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&ldquo;Attributable Debt&rdquo;
means:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         balance sheet liability amount of capital leases as determined by accounting principles
                                         generally accepted in the United States of America, plus</FONT></TD></TR>
</TABLE>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">7</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         amount of future minimum operating lease payments required to be disclosed by accounting
                                         principles generally accepted in the United States of America, less any amounts required
                                         to be paid on account of maintenance and repairs, insurance, taxes, assessments, water
                                         rates and similar charges, discounted using the interest rate implicit in the lease to
                                         calculate the present value of operating lease payments.</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The amount of Attributable Debt relating to an
operating lease that can be terminated by the lessee with the payment of a penalty will be calculated based on the lesser of:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         aggregate amount of lease payments required to be made until the first date the lease
                                         can be terminated by the lessee plus the amount of the penalty, or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         aggregate amount of lease payments required to be made during the remaining term of the
                                         lease. (Section&nbsp;101)</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&ldquo;Consolidated Net Tangible
Assets&rdquo; means the total consolidated amount of our assets and those of our Subsidiaries, minus applicable reserves and other
properly deductible items and after excluding any investments made in Unrestricted Subsidiaries or in corporations while they
were Unrestricted Subsidiaries but which are not Subsidiaries at the time of the calculation, minus</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">all
                                         liabilities and liability items, including leases, or guarantees of leases, which under
                                         accounting principles generally accepted in the United States of America would be included
                                         in the balance sheet, except Funded Debt, capital stock and surplus, surplus reserves
                                         and deferred income taxes, and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">goodwill,
                                         trade names, trademarks, patents, unamortized debt discount and expense and other similar
                                         intangibles. (Section&nbsp;101)</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The following categories of
Secured Funded Debt will not be considered in determining whether we are in compliance with the covenant described in the first
paragraph under the heading &ldquo;Restrictions on Secured Funded Debt&rdquo;:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Secured
                                         Funded Debt of a Restricted Subsidiary owing to us or to one of our Wholly-owned Restricted
                                         Subsidiaries;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Secured
                                         Funded Debt resulting from a mortgage, lien or other similar encumbrance in favor of
                                         the U.S.&nbsp;Government or any State or any instrumentality thereof to secure partial,
                                         progress, advance or other payments;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Secured
                                         Funded Debt resulting from a mortgage, lien or other similar encumbrance on property,
                                         shares of stock or Indebtedness of any company existing at the time that this company
                                         becomes one of our Subsidiaries;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Secured
                                         Funded Debt resulting from a mortgage, lien or other similar encumbrance on property,
                                         shares of stock or Indebtedness which:</FONT></TD></TR>                                                                                                <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">exists
                                         at the time that the property, shares of stock or Indebtedness is acquired by us or one
                                         of our Restricted Subsidiaries, including acquisitions by merger or consolidation,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">secures
                                         the payment of any part of the purchase price of or construction cost for the property,
                                         shares of stock or Indebtedness, or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">secures
                                         any indebtedness incurred prior to, at the time of, or within 120&nbsp;days after, the
                                         acquisition of the property, shares of stock or Indebtedness or the completion of any
                                         construction of the property for the purpose of financing all or a part of the purchase
                                         price or construction cost of the property, shares of stock or Indebtedness,</FONT></TD></TR>                                                                                                                                      <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin-right: 0; margin-left: 60pt; margin-top: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">provided that, in all cases, we continue
to comply with the covenant relating to mergers and consolidations discussed under the heading &ldquo;&mdash;Consolidation, Merger
or Sale&rdquo; below;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Secured
                                         Funded Debt secured by a mortgage, lien or other similar encumbrance in connection with
                                         the issuance of revenue bonds on which the interest is exempt from federal income tax
                                         pursuant to the Internal Revenue Code of 1986; and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         extension, renewal or refunding of:</FONT></TD></TR>                                                                                             <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 45pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         Secured Funded Debt permitted under the first paragraph under the heading &ldquo;Restrictions
                                         on Secured Funded Debt,&rdquo;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         Secured Funded Debt outstanding at the end of our fiscal year immediately preceding the
                                         execution date of the indenture of any then Restricted Subsidiary, or</FONT></TD></TR>
</TABLE>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">8</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 45pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         Secured Funded Debt of any company outstanding at the time this company became a Restricted
                                         Subsidiary, provided that the mortgage, liens or other similar encumbrance securing such
                                         extension, renewal or refunding is limited to the same secured property (plus improvements
                                         thereon) that secured the Secured Funded Debt so extended, renewed or refunded immediately
                                         prior thereto. (Section&nbsp;1008(b))</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Restrictions on Sale and Lease-Back Transactions</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The indenture provides that
neither we nor any of our Restricted Subsidiaries may enter into any sale and lease-back transaction involving any Principal Property,
as defined below, more than 120&nbsp;days after its acquisition or the completion of its construction and commencement of its
full operation, unless either:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">we
                                         or any of our Restricted Subsidiaries could (1)&nbsp;create Secured Funded Debt on the
                                         property equal to the Attributable Debt with respect to the sale and lease-back transaction
                                         and (2)&nbsp;still be in compliance with the restrictions on Secured Funded Debt (see
                                         &ldquo;&#8212;Restrictions on Secured Funded Debt&rdquo; above), or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">we
                                         apply an amount, subject to credits for some voluntary retirements of debt securities
                                         and/or Funded Debt as specified in the indenture, equal to the greater of (1)&nbsp;the
                                         fair value of the property or (2)&nbsp;the net proceeds of the sale, within 120&nbsp;days,
                                         to the retirement of Secured Funded Debt.</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">This restriction will not apply to any sale and
lease-back transaction:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">between
                                         us and one of our Restricted Subsidiaries,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">between
                                         any of our Restricted Subsidiaries, or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">involving
                                         a lease for a period, including renewals, of three years or less. (Section&nbsp;1009)</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&ldquo;Principal Property&rdquo; means any building
or other facility located in the United States, together with the land upon which it is erected and its fixtures that is owned
or leased by us or one of our Subsidiaries, that is used primarily for manufacturing or processing and has a gross book value,
before deduction of any depreciation reserves, greater than 1% of our Consolidated Net Tangible Assets, other than:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">a building
                                         or facility that is financed by obligations issued by a state or local government under
                                         several sections of the Internal Revenue Code of 1986, or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">a building
                                         or facility that in the opinion of our board of directors is not of material importance
                                         to the total business conducted by us and our Subsidiaries considered together. (Section&nbsp;101)</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Consolidation, Merger or Sale</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The indenture generally permits
a consolidation or merger between us and another corporation. It also permits the sale or transfer by us of all or substantially
all of our property and assets and the purchase by us of all or substantially all of the property and assets of another corporation.
These transactions are permitted if:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         resulting or acquiring corporation, if other than us, assumes all of our responsibilities
                                         and liabilities under the indenture, including the payment of all amounts due on the
                                         debt securities and performance of the covenants in the indenture,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">immediately
                                         after the transaction, no event of default, and no event that, after notice or lapse
                                         of time or both, would become an event of default, exists, and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">except
                                         in the case of a consolidation or merger of a Restricted Subsidiary with and into us,
                                         either (1)&nbsp;we have obtained the consent of the Holders of a majority in aggregate
                                         principal amount of the outstanding debt securities of each series or (2)&nbsp;immediately
                                         after the transaction, the resulting or acquiring corporation could incur additional
                                         Secured Funded Debt and still be in compliance with the restrictions on Secured Funded
                                         Debt (see &ldquo;&#8212;Restrictions on Secured Funded Debt&rdquo; above). (Section&nbsp;801)</FONT></TD></TR></TABLE>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">9</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Even though the indenture contains
the provisions described above, we are not required by the indenture to comply with those provisions if we sell all of our property
and assets to another corporation if, immediately after the sale:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">that
                                         corporation is one of our Wholly-owned Restricted Subsidiaries, and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">we
                                         could incur additional Secured Funded Debt and still be in compliance with the restrictions
                                         on Secured Funded Debt (see &ldquo;&#8212;Restrictions on Secured Funded Debt&rdquo;
                                         above). (Section&nbsp;803)</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">If we consolidate or merge
with or into any other corporation or sell all or substantially all of our assets according to the terms and conditions of the
indenture, the resulting or acquiring corporation will be substituted for us in the indenture with the same effect as if it had
been an original party to the indenture. As a result, this successor corporation may exercise our rights and powers under the
indenture, in our name or in its own name and we will be released from all our liabilities and obligations under the indenture
and under the debt securities. (Section&nbsp;802)</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Modification and Waiver</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Under the indenture, we and
the trustee can modify or amend the indenture with the consent of the Holders of a majority in aggregate principal amount of the
outstanding debt securities of each series of debt securities affected by the modification or amendment. However, we may not,
without the consent of the Holder of each debt security affected:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">change
                                         the stated maturity date of any payment of principal or interest,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">reduce
                                         the principal amount thereof or the interest thereon or any premium payable upon redemption
                                         or repayment thereof,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">change
                                         our obligation, if any, to pay additional amounts,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">reduce
                                         payments due on the original issue discount securities,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">change
                                         the place of payment or currency in which any payment on the debt securities is payable,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">limit
                                         a Holder&rsquo;s right to sue us for the enforcement of payments due on the debt securities,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">reduce
                                         the percentage of outstanding debt securities required to consent to a modification or
                                         amendment of the indenture,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">limit
                                         a Holder&rsquo;s right, if any, to repayment of debt securities at this Holder&rsquo;s
                                         option, or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">modify
                                         any of the foregoing requirements or reduce the percentage of outstanding debt securities
                                         required to waive compliance with several provisions of the indenture or to waive defaults
                                         under the indenture. (Section&nbsp;902)</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Under the indenture, the Holders
of a majority in aggregate principal amount of the outstanding debt securities of any series of debt securities may, on behalf
of all Holders of that series:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">waive
                                         compliance by us with several restrictive covenants of the indenture, such as corporate
                                         existence and maintenance of properties, and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">waive
                                         any past default under the indenture, except:</FONT></TD></TR>                                                                                                       <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 60pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">a default
                                         in the payment of the principal of or any premium or interest on any debt securities
                                         of that series, or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">a default
                                         under any provision of the indenture which itself cannot be modified or amended without
                                         the consent of the Holders of each outstanding debt security of that series. (Sections&nbsp;1012,
                                         513)</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Notwithstanding the foregoing,
under the indenture, we and the trustee can modify or amend the indenture without the consent of any Holders in certain circumstances,
including:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         evidence the succession of another corporation to the Company&rsquo;s obligations under
                                         the indenture;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         add to the covenants of the Company;</FONT></TD></TR>
</TABLE>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         add any additional events of default;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         add to, change or eliminate any of the provisions of the indenture to provide for the
                                         issuance of bearer securities, to change or eliminate any restrictions on certain terms
                                         of registered securities or bearer securities, or to permit or facilitate the issuance
                                         of debt securities in uncertificated form, provided any such action shall not adversely
                                         affect the interests of the Holders of any series in any material respect;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         change or eliminate any of the provisions of the indenture, provided that any such change
                                         or elimination shall become effective only when there is no debt security outstanding
                                         of any series created prior to the execution of such supplemental indenture which is
                                         entitled to the benefit of such provisions, or shall not apply to any debt security outstanding;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         establish the form or terms of debt securities of any series as permitted under the indenture;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         secure the debt securities;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         evidence and provide for the acceptance of appointment under the indenture by a successor
                                         trustee;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         cure any ambiguity, defect or inconsistency in the indenture, or to make any other provisions
                                         with respect to matters or questions arising under the indenture, provided such other
                                         provisions shall not adversely affect the interests of the Holders of debt securities
                                         of any series in any material respect; or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">to
                                         add or to change or eliminate any provision of the indenture as shall be necessary or
                                         desirable in accordance with any amendments to the Trust Indenture Act, provided such
                                         action shall not adversely affect the interest of Holders of debt securities of any series
                                         in any material respect. (Section&nbsp;901)</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Events of Default</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">An event of default with respect
to any series of debt securities will occur under the indenture if:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">we
                                         fail to pay interest on any debt security of that series for 30&nbsp;days after the payment
                                         is due,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">we
                                         fail to pay the principal of or any premium on any debt security of that series when
                                         due,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">we
                                         fail to deposit any sinking fund payment when due on debt securities of that series,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">we
                                         fail to perform any other covenant in the indenture that applies to debt securities of
                                         that series for 90&nbsp;days after we have received written notice of the failure to
                                         perform in the manner specified in the indenture,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">we
                                         default under any Indebtedness for borrowed money, including other series of debt securities,
                                         or under any mortgage, lien or other similar encumbrance, indenture or instrument, including
                                         the indenture, which secures any Indebtedness for borrowed money, and which results in
                                         acceleration of the maturity of an outstanding principal amount of Indebtedness greater
                                         than $200&nbsp;million, unless this acceleration is rescinded (or the Indebtedness is
                                         discharged) within 10&nbsp;days after we have received written notice of the default
                                         in the manner specified in the indenture,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">commencement
                                         of voluntary or involuntary bankruptcy, insolvency or reorganization, or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">any
                                         other event of default that may be specified for the debt securities of that series when
                                         that series is created occurs. (Section&nbsp;501)</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">If an event of default for any series of debt
securities occurs and continues, the trustee or the Holders of at least 25% in aggregate principal amount of the outstanding debt
securities of the series may declare the entire principal of all the debt securities of that series to be due and payable immediately.
If such a declaration occurs, the Holders of a majority of the aggregate principal amount of the outstanding debt securities of
that series can, subject to the specific payment conditions set forth in the indenture, rescind the declaration. (Section&nbsp;502)</FONT></P>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">11</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The prospectus supplement relating
to each series of debt securities which are original issue discount securities will describe the particular provisions that relate
to the acceleration of maturity of a portion of the principal amount of that series when an event of default occurs and continues.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">An event of default for a particular
series of debt securities does not necessarily constitute an event of default for any other series of debt securities issued under
the indenture. The indenture requires us to file a certificate with the trustee each year that states the nature of the default
if any default exists under the terms of the indenture. (Section&nbsp;1011) The trustee must transmit notice to the Holders of
debt securities of any default, except that no such notice to Holders shall be given until at least 30&nbsp;days after the occurrence
of a default in the performance, or breach, of any covenant or warranty of the Company in the indenture, and continuance of such
default or breach for a period of 90&nbsp;days after there has been given to the Company by the trustee, or to the Company and
the trustee by Holders of at least 25% in aggregate principal amount of the outstanding debt securities of that series, written
notice of such default or breach. (Section&nbsp;602)</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Other than its duties in the
case of a default, a trustee is not obligated to exercise any of its rights or powers under the indenture at the request, order
or direction of any Holders, unless the Holders offer the trustee reasonable indemnification. (Sections&nbsp;601, 603) If reasonable
indemnification is provided, then, subject to other rights of the trustee provided in the indenture, the Holders of a majority
in principal amount of the outstanding debt securities of any series may, with respect to the debt securities of that series,
direct the time, method and place of:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">conducting
                                         any proceeding for any remedy available to the trustee, or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">exercising
                                         any trust or power conferred upon the trustee. (Sections&nbsp;512, 603)</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The Holder of a debt security
of any series will have the right to begin any proceeding with respect to the indenture or for any remedy only if:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         Holder has previously given the trustee written notice of a continuing event of default
                                         with respect to that series,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         Holders of at least 25% in aggregate principal amount of the outstanding debt securities
                                         of that series have made a written request of, and offered reasonable indemnification
                                         to, the trustee to begin the proceeding,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         trustee has not started the proceeding within 60&nbsp;days after receiving the request,
                                         and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         trustee has not received directions inconsistent with the request from the Holders of
                                         a majority in aggregate principal amount of the outstanding debt securities of that series
                                         during those 60&nbsp;days. (Section&nbsp;507)</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">However, the Holder of any debt security will
have an absolute right to receive payment of principal of and any premium and interest on the debt security when due and to institute
suit to enforce this payment. (Section&nbsp;508)</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Defeasance</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><I>Defeasance and Discharge.
</I></B>At the time that we establish a series of debt securities under the indenture, we can provide that the debt securities
of that series are subject to the defeasance and discharge provisions of the indenture. If we so provide, we will be discharged
from our obligations on the debt securities of that series if we deposit with the trustee, in trust, sufficient money or Government
Obligations, as defined below, to pay the principal, interest, any premium and any other sums due on the debt securities of that
series, such as sinking fund payments, on the dates these payments are due under the indenture and the terms of the debt securities.
(Section&nbsp;403) As used above, &ldquo;Government Obligations&rdquo; mean:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">securities
                                         of the same government which issued the currency in which the series of debt securities
                                         are denominated and/or in which interest is payable, or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">securities
                                         of government agencies backed by the full faith and credit of the government. (Section&nbsp;101)</FONT></TD></TR></TABLE>

<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">12</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">In the event that we deposit
funds in trust and discharge our obligations under a series of debt securities as described above, then:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         indenture will no longer apply to the debt securities of that series, except for the
                                         obligations to compensate, reimburse and indemnify the trustee, to register the transfer
                                         and exchange of debt securities, to replace lost, stolen or mutilated debt securities
                                         and to maintain paying agencies and the trust funds; and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Holders
                                         of debt securities of that series can only look to the trust fund for payment of principal,
                                         any premium and interest on the debt securities of that series. (Section&nbsp;403)</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Under federal income tax law,
that deposit and discharge may be treated as an exchange of the related debt securities for an interest in the trust mentioned
above. Each holder might be required to recognize gain or loss equal to the difference between:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         holder&rsquo;s cost or other tax basis for the debt securities, and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the
                                         value of the holder&rsquo;s interest in the trust.</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Holders might be required to include in income
a share of the income, gain or loss of the trust, including gain or loss recognized in connection with any substitution of collateral,
as described in this section under the heading &ldquo;&mdash;Substitution of Collateral&rdquo; below.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">You are urged to consult your own tax advisers
as to the specific consequences of such a deposit and discharge, including the applicability and effect of tax laws other than
federal income tax law.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><I>Defeasance of Covenants
and Events of Default. </I></B>At the time that we establish a series of debt securities under the indenture, we can provide that
the debt securities of that series are subject to the covenant defeasance provisions of the indenture. If we so provide and we
make the deposit described in this section under the heading &ldquo;&mdash;Defeasance and Discharge&rdquo; above:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">we
                                         will not have to comply with the following restrictive covenants contained in the indenture:
                                         Consolidation, Merger or Sale or Lease of Property as Entirety (Sections&nbsp;801, 803,
                                         804); Restrictions on Secured Debt (Section&nbsp;1008); Maintenance of Properties (Section&nbsp;1005);
                                         Payment of Taxes and Other Claims (Section&nbsp;1007); Restrictions on Sale and Lease-Back
                                         Transactions (Section&nbsp;1009); Classification of Restricted and Unrestricted Subsidiaries
                                         (Section&nbsp;1010); and any other covenant we designate when we establish the series
                                         of debt securities; and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">we
                                         will not have to treat the events described in the fourth bullet point under the heading
                                         &ldquo;&#8212;Events of Default&rdquo; as they relate to the covenants listed above that
                                         have been defeased and no longer are in effect and the events described in the fifth,
                                         sixth and seventh bullet points under the heading &ldquo;&#8212;Events of Default&rdquo;
                                         as events of default under the indenture in connection with that series.</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">In the event of a defeasance, our obligations
under the indenture and the debt securities, other than with respect to the covenants and the events of default specifically referred
to above, will remain in effect. (Section&nbsp;1501)</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">If we exercise our option not
to comply with the covenants listed above and the debt securities of that series become immediately due and payable because an
event of default has occurred, other than as a result of an event of default specifically referred to above, the amount of money
and/or Government Obligations on deposit with the trustee will be sufficient to pay the principal, interest, any premium and any
other sums due on the debt securities of that series, such as sinking fund payments, on the date the payments are due under the
indenture and the terms of the debt securities, but may not be sufficient to pay amounts due at the time of acceleration. However,
we would remain liable for the balance of the payments. (Section&nbsp;1501)</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><I>Substitution of Collateral.
</I></B>At the time that we establish a series of debt securities under the indenture, we can provide for our ability to, at any
time, withdraw any money or Government Obligations deposited pursuant to the defeasance provisions described above if we simultaneously
substitute other money and/or Government Obligations which would satisfy our payment obligations on the debt securities of that
series pursuant to the defeasance provisions applicable to those debt securities. (Section&nbsp;402)</FONT></P>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">13</FONT></P>

<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><A NAME="mmm4150291-s3a009"></A>CAPITAL STOCK</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>General</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The following description of
our capital stock is subject to and qualified in its entirety by our certificate of incorporation and amended and restated bylaws
(&ldquo;bylaws&rdquo;), which are incorporated by reference in a registration statement of which this prospectus forms a part,
and by the provisions of applicable Delaware law. Under our certificate of incorporation, we are authorized to issue up to 3,000,000,000
shares of common stock, par value $0.01 per share, and 10,000,000 shares of preferred stock without par value.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Voting Rights</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Each holder of our common stock
is entitled to one vote per share on all matters to be voted upon by the stockholders.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Dividends</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Subject to preferences that
may be applicable to any outstanding preferred stock, the holders of our common stock are entitled to receive ratably such dividends,
if any, as may be declared from time to time by the board of directors out of funds legally available for that purpose.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Rights Upon Liquidation</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">In the event of our liquidation,
dissolution or winding up, the holders of our common stock are entitled to share ratably in all assets remaining after payment
of liabilities, subject to prior distribution rights of preferred stock, if any, then outstanding.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Preemptive or Conversion Rights</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The holders of our common stock
have no preemptive or conversion rights or other subscription rights. There are no redemption or sinking fund provisions applicable
to the common stock.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Preferred Stock</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The board of directors has
the authority, without action by the stockholders, to designate and issue preferred stock in one or more series and to designate
the rights, preferences and privileges of each series, which may be greater than the rights of the common stock. It is not possible
to state the actual effect of the issuance of any shares of preferred stock upon the rights of holders of the common stock until
the board of directors determines the specific rights of the holders of such preferred stock. However, the effects might include,
among other things:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">restricting
                                         dividends on the common stock,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">diluting
                                         the voting power of the common stock,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">impairing
                                         the liquidation rights of the common stock, or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">delaying
                                         or preventing a change in control of us without further action by the stockholders.</FONT></TD></TR>
</TABLE>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">No shares of preferred stock
are outstanding, and we have no present plans to issue any shares of preferred stock.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Anti-Takeover Effects of Our Certificate of
Incorporation and Bylaws and Delaware Law</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Some provisions of Delaware law and our certificate
of incorporation and bylaws, summarized below, are expected to discourage coercive takeover practices and inadequate takeover
bids. These provisions are also designed to encourage persons seeking to acquire control of us to first negotiate with our board.
We believe that these provisions give our board the flexibility to exercise its fiduciary duties in a manner consistent with the
interests of our shareholders.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">STOCKHOLDER
                                         MEETINGS. Under our bylaws, the board of directors or the chairman of the board, the
                                         chief executive officer or the secretary (with the concurrence of a majority of the board)
                                         may call special meetings of stockholders; in addition, record holders of 25% or more
                                         of the total 3M shares entitled to vote on the matter or matters to be brought before
                                         a special meeting may also cause the meeting to be held, but, if the Company&rsquo;s
                                         board of directors determines in good faith that the business specified in the stockholders&rsquo;
                                         request will be included in an upcoming annual meeting of stockholders within 90&nbsp;days
                                         after the request, the special meeting will not be held.</FONT></TD></TR>
</TABLE>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">REQUIREMENTS
                                         FOR ADVANCE NOTIFICATION OF STOCKHOLDER NOMINATIONS AND PROPOSALS. Our bylaws establish
                                         advance notice procedures with respect to stockholder proposals and the nomination of
                                         candidates for election as directors, other than nominations made by or at the direction
                                         of the board of directors or a committee of the board of directors.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">DELAWARE
                                         LAW. We are subject to Section&nbsp;203 of the Delaware General Corporation Law. In general,
                                         Section&nbsp;203 prohibits a publicly-held Delaware corporation from engaging in a &ldquo;business
                                         combination&rdquo; with an &ldquo;interested stockholder&rdquo; for a period of three
                                         years following the date the person became an interested stockholder, unless the &ldquo;business
                                         combination&rdquo; or the transaction in which the person became an interested stockholder
                                         is approved in a prescribed manner. Generally, a &ldquo;business combination&rdquo; includes
                                         a merger, asset or stock sale, or other transaction resulting in a financial benefit
                                         to the interested stockholder. Generally, an &ldquo;interested stockholder&rdquo; is
                                         a person who, together with affiliates and associates, owns or within three years prior
                                         to the determination of interested stockholder status, did own, 15% or more of a corporation&rsquo;s
                                         voting stock. The existence of this provision may have an anti-takeover effect with respect
                                         to transactions not approved in advance by the board of directors, including discouraging
                                         attempts that might result in a premium over the market price for the shares of common
                                         stock held by stockholders.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">ELIMINATION
                                         OF STOCKHOLDER ACTION BY WRITTEN CONSENT. Our certificate of incorporation eliminates
                                         the right of stockholders to act by written consent without a meeting.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">ELIMINATION
                                         OF CUMULATIVE VOTING. Our certificate of incorporation and bylaws do not provide for
                                         cumulative voting in the election of directors.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt">&#9679;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">UNDESIGNATED
                                         PREFERRED STOCK. The authorization of undesignated preferred stock makes it possible
                                         for the board of directors to issue preferred stock with voting or other rights or preferences
                                         that could impede the success of any attempt to change control of us. These and other
                                         provisions may have the effect of deferring hostile takeovers or delaying changes in
                                         control or management of us.</FONT></TD></TR></TABLE>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Transfer Agent and Registrar</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The transfer agent and registrar
for our common stock is EQ Shareowner Services.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><A NAME="mmm4150291-s3a010"></A>PLAN OF DISTRIBUTION</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">We may sell the offered securities
(a)&nbsp;through agents; (b)&nbsp;through underwriters or dealers; (c)&nbsp;directly to one or more purchasers; or (d)&nbsp;through
a combination of any of these methods of sale. We will identify the specific plan of distribution, including any underwriters,
dealers, agents or direct purchasers and their compensation in a prospectus supplement.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><A NAME="mmm4150291-s3a011"></A>LEGAL MATTERS</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">In connection with particular
offerings of the securities in the future, and if stated in the applicable prospectus supplements, the validity of those securities
may be passed upon for the Company by Michael M. Dai, who is our Associate General Counsel, or another one of our attorneys, and
for any underwriters or agents by counsel named in the applicable prospectus supplement. Mr.&nbsp;Dai beneficially owns, or has
options to acquire, a number of shares of our common stock, which represents less than 0.1% of the total outstanding common stock.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><A NAME="mmm4150291-s3a012"></A>EXPERTS</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The financial statements and
management&rsquo;s assessment of the effectiveness of internal control over financial reporting (which is included in Management&rsquo;s
Report on Internal Control Over Financial Reporting) incorporated in this Prospectus by reference to the Annual Report on Form&nbsp;10-K
for the year ended December&nbsp;31, 2022 have been so incorporated in reliance on the report of PricewaterhouseCoopers LLP, an
independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting.</FONT></P>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">15</FONT></P>

<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">PART&nbsp;II</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">INFORMATION NOT REQUIRED IN
PROSPECTUS</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Item&nbsp;14. Other Expenses of Issuance and Distribution.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The following table sets forth
the expenses (all of which are estimated) to be paid by the registrant in connection with the issuance and distribution of the
securities being registered, other than underwriting discounts and commissions.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; width: 92%; padding-left: 10.1pt; text-indent: -10.1pt">Securities and Exchange Commission
    registration fee</td>
    <TD STYLE="vertical-align: bottom; width: 1%">$</td>
    <TD STYLE="vertical-align: bottom; width: 5%; text-align: right">&nbsp;</td>
    <TD STYLE="vertical-align: bottom; width: 2%">*</td></tr>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">Legal fees and expenses</td>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: right">&nbsp;</td>
    <TD STYLE="vertical-align: bottom">**</td></tr>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">Printing</td>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: right">&nbsp;</td>
    <TD STYLE="vertical-align: bottom">**</td></tr>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">Auditors&rsquo; fees and expenses</td>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: right">&nbsp;</td>
    <TD STYLE="vertical-align: bottom">**</td></tr>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">Blue Sky fees and expenses</td>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: right">&nbsp;</td>
    <TD STYLE="vertical-align: bottom">**</td></tr>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">Trustee and Authenticating Agent fees</td>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: right">30,000</td>
    <TD STYLE="vertical-align: bottom">&nbsp;</td></tr>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">Rating agency fees</td>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: right">&nbsp;</td>
    <TD STYLE="vertical-align: bottom">**</td></tr>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">Miscellaneous expenses</td>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: right">&nbsp;</td>
    <TD STYLE="vertical-align: bottom">**</td></tr>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; padding-left: 20pt; text-indent: -10pt">TOTAL</td>
    <TD STYLE="vertical-align: bottom">$</td>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</td>
    <TD STYLE="vertical-align: bottom">**</td></tr>
</table>


<br>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-top: 2pt; padding-right: 4pt; padding-bottom: 4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">* To be deferred pursuant to Rule&nbsp;456(b)&nbsp;and
    calculated in connection with the offering of securities under this Registration Statement pursuant to Rule&nbsp;457(r)&nbsp;under
    the Securities Act.</FONT></td>
    </tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">** Estimated expenses are not presently known.</FONT></td>
    </tr>
</table>
<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Item&nbsp;15. Indemnification of Directors and
Officers.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Our Certificate of Incorporation
eliminates the liability of directors to the fullest extent permitted by the General Corporation Law of the State of Delaware,
which currently permits a corporation to eliminate the liability of a director for monetary damages for breach of the duty of
care, subject to appropriate stockholder approval. In addition, our bylaws contain provisions entitling directors, officers, and
employees to indemnification to the fullest extent permitted by current Delaware law. 3M maintains liability insurance for its
officers and directors as permitted under Delaware law.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Item&nbsp;16. Exhibits.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15pt"></TD><TD STYLE="width: 15pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1.1</FONT></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Form&nbsp;of
                                         Underwriting Agreement with respect to the Debt Securities**</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1.2</FONT></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Form&nbsp;of
                                         Underwriting Agreement with respect to Common Stock**</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit" HREF="https://www.sec.gov/Archives/edgar/data/66740/000110465917072302/a17-27802_1ex3d1.htm">3.1</A></FONT></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="https://www.sec.gov/Archives/edgar/data/66740/000110465917072302/a17-27802_1ex3d1.htm" STYLE="-sec-extract: exhibit">Certificate of Incorporation of 3M Company, as amended as of December 4, 2017 (incorporated by reference to our Current Report on Form&nbsp;8-K dated December 7, 2017)</A></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><A HREF="https://www.sec.gov/Archives/edgar/data/66740/000006674023000011/a3mbylawsexhibit3ii.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3.2</FONT></A></TD><TD><A HREF="https://www.sec.gov/Archives/edgar/data/66740/000006674023000011/a3mbylawsexhibit3ii.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Amended
                                         and Restated Bylaws of 3M Company, as adopted as of February 7, 2023 (incorporated by
                                         reference to our Current Report on Form&nbsp;8-K dated February 8, 2023)</FONT></A></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit" HREF="https://www.sec.gov/Archives/edgar/data/66740/000089710100001173/0000897101-00-001173-0001.txt">4.1</A></FONT></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit" HREF="https://www.sec.gov/Archives/edgar/data/66740/000089710100001173/0000897101-00-001173-0001.txt">Indenture
                                         relating to our senior debt securities dated as of November&nbsp;17, 2000 between 3M
                                         Company and The Bank of New York Mellon Trust Company, N.A., as successor trustee (incorporated
                                         by reference to our Current Report on Form&nbsp;8-K, filed December&nbsp;7, 2000)</A></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit" HREF="https://www.sec.gov/Archives/edgar/data/66740/000110465911043748/a11-13699_1ex4d2.htm">4.2</A></FONT></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit" HREF="https://www.sec.gov/Archives/edgar/data/66740/000110465911043748/a11-13699_1ex4d2.htm">First
                                         Supplemental Indenture dated as of July&nbsp;29, 2011, to the Indenture relating to our
                                         senior debt securities dated as of November&nbsp;17, 2000 between 3M Company and The
                                         Bank of New York Mellon Trust Company, N.A., as successor trustee (incorporated by reference
                                         to our Quarterly Report on Form&nbsp;10-Q for the quarterly period ended June&nbsp;30,
                                         2011)</A></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit" HREF="https://www.sec.gov/Archives/edgar/data/66740/000089710103000131/mmm030680_ex4-1.txt">4.3</A></FONT></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit" HREF="https://www.sec.gov/Archives/edgar/data/66740/000089710103000131/mmm030680_ex4-1.txt">Form&nbsp;of
                                         the stock certificate of the common stock, par value $0.01 per share, of 3M Company (incorporated
                                         by reference to Exhibit&nbsp;4.1 to our Registration Statement on Form&nbsp;S-3, Registration
                                         No.&nbsp;333-103234, filed February&nbsp;14, 2003)</A></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><A HREF="mmm4150291-ex5.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">5</FONT></A></TD><TD><A HREF="mmm4150291-ex5.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Opinion of Michael M. Dai, Associate General Counsel of 3M as to the legality of the securities being registered*</FONT></A></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD STYLE="white-space: nowrap"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit"  HREF="mmm4150291-ex231.htm">23.1</A></FONT>&nbsp;&nbsp;</TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit"  HREF="mmm4150291-ex231.htm">Consent of PricewaterhouseCoopers LLP*</A></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit" HREF="mmm4150291-ex5.htm">23.2</A></FONT></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit" HREF="mmm4150291-ex5.htm">Consent
                                         of Michael M. Dai (included in opinion filed herewith as Exhibit&nbsp;5)*</A></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><A HREF="mmm4150291-ex24.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">24</FONT></A></TD><TD><A HREF="mmm4150291-ex24.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Powers of Attorney*</FONT></A></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit"  HREF="mmm4150291-ex25.htm">25</A></FONT></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit"  HREF="mmm4150291-ex25.htm">Statement of Eligibility on Form&nbsp;T-1 of The Bank of New York Mellon Trust Company, N.A., as trustee with respect to the Indenture dated as of November 17, 2000*</A></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit" HREF="mmm4150291-ex107.htm">107</A></FONT></TD><TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A style="-sec-extract:exhibit" HREF="mmm4150291-ex107.htm">Filing
                                         Fee Table*</A></FONT></TD></TR></TABLE>


<br>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-top: 2pt; padding-bottom: 4pt; padding-right: 4pt">* Filed herewith.</td>
    </tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 4pt; padding-right: 4pt">** To be filed by an amendment or as an exhibit to a document filed under the Securities Exchange Act of 1934 and incorporated
    by reference herein.</td>
    </tr>
</table>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">II-1</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Item&nbsp;17. Undertakings.</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The undersigned Registrant
hereby undertakes:</FONT></P>

<P STYLE="margin-right: 0; margin-left: 30pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To file, during
any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:</FONT></P>

<P STYLE="margin-right: 0; margin-left: 60pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To include
any prospectus required by Section&nbsp;10(a)(3)&nbsp;of the Securities Act of 1933;</FONT></P>

<P STYLE="margin-right: 0; margin-left: 60pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To reflect
in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the
Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total
dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the
estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule&nbsp;424(b)&nbsp;if,
in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering
price set forth in the &ldquo;Calculation of Registration Fee&rdquo; table in the effective Registration Statement; and</FONT></P>

<P STYLE="margin-right: 0; margin-left: 60pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To include
any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any
material change to such information in the Registration Statement;</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">provided, however, that paragraphs&nbsp;(a)(i),
(ii)&nbsp;and (iii)&nbsp;above do not apply if the information required to be included in a post-effective amendment by those
paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section&nbsp;13 or
Section&nbsp;15(d)&nbsp;of the Securities Exchange Act of 1934 that are incorporated by reference in the Registration Statement,
or is contained in a form of prospectus filed pursuant to Rule&nbsp;424(b)&nbsp;that is part of this Registration Statement.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 30pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That, for the
purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be
a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall
be deemed to be the initial <I>bona&nbsp;fide</I> offering thereof;</FONT></P>

<P STYLE="margin-right: 0; margin-left: 30pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To remove from
registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination
of the offering.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 30pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That, for the
purpose of determining liability under the Securities Act of 1933 to any purchaser:</FONT></P>

<P STYLE="margin-right: 0; margin-left: 60pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each prospectus
filed by a Registrant pursuant to Rule&nbsp;424(b)(3)&nbsp;shall be deemed to be part of the Registration Statement as of the
date the filed prospectus was deemed part of and included in the Registration Statement; and</FONT></P>

<P STYLE="margin-right: 0; margin-left: 60pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each prospectus
required to be filed pursuant to Rule&nbsp;424(b)(2), (b)(5)&nbsp;or (b)(7)&nbsp;as part of a registration statement in reliance
on Rule&nbsp;430B relating to an offering made pursuant to Rule&nbsp;415(a)(1)(i), (vii)&nbsp;or (x)&nbsp;for the purpose of providing
the information required by Section&nbsp;10(a)&nbsp;of the Securities Act of 1933 shall be deemed to be part of and included in
the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date
of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule&nbsp;430B, for liability
purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date
of the registration statement relating to the securities in the registration statement to which the prospectus relates, and the
offering of such securities at that time shall be deemed to be the initial <I>bona&nbsp;fide</I> offering thereof. <I>Provided,
however </I>, that no statement made in a registration statement or prospectus that is part of the registration statement or made
in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the
registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify
any statement that was made in the registration statement or prospectus that was part of the registration statement or made in
any such document immediately prior to such effective date.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 30pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That, for the
purpose of determining liability of the Registrant under the Securities Act of 1933 to any purchaser in the initial distribution
of the securities, the Registrant undertakes that in a primary offering of securities of the Registrant pursuant to this registration
statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or
sold to such purchaser by means of any of the following communications, the Registrant will be a seller to the purchaser and will
be considered to offer or sell such securities to such purchaser:</FONT></P>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">II-2</FONT></P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 60pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any preliminary
prospectus or prospectus of the Registrant relating to the offering required to be filed pursuant to Rule&nbsp;424;</FONT></P>

<P STYLE="margin-right: 0; margin-left: 60pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any free writing
prospectus relating to the offering prepared by or on behalf of the Registrant or used or referred to by the Registrant;</FONT></P>

<P STYLE="margin-right: 0; margin-left: 60pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The portion
of any other free writing prospectus relating to the offering containing material information about an undersigned Registrant
or its securities provided by or on behalf of an undersigned Registrant; and</FONT></P>

<P STYLE="margin-right: 0; margin-left: 60pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any other
communication that is an offer in the offering made by an undersigned Registrant to the purchaser.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 30pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That, for purposes
of determining any liability under the Securities Act of 1933, each filing of the Registrant&rsquo;s annual report pursuant to
Section&nbsp;13(a)&nbsp;or 15(d)&nbsp;of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee
benefit plan&rsquo;s annual report pursuant to Section&nbsp;15(d)&nbsp;of the Securities Exchange Act of 1934) that is incorporated
by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be the initial <I>bona&nbsp;fide</I> offering thereof.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 30pt; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as
indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion
of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act of
1933 and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the
payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful
defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the
securities being registered, that Registrant will, unless in the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy
as expressed in the Securities Act of 1933 and will be governed by the final adjudication of such issue.</FONT></P>
<P STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">II-3</FONT></P>

<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; margin-bottom: 15pt"><A HREF="#toc"><B>Table of Contents</B></A></P>
<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>SIGNATURES</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Pursuant to the requirements
of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form&nbsp;S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of St. Paul, and State of Minnesota, on the 8<SUP>th</SUP> day of February, 2023.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD COLSPAN="2"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3M COMPANY</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD COLSPAN="2"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="width: 1%; padding-right: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">By</FONT></td>
    <TD STYLE="width: 44%; border-bottom: Black 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">/s/ Michael
    M. Dai</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Michael M. Dai, Vice President, Associate General Counsel and Secretary</FONT></td></tr>
</table>
<P STYLE="margin-right: 0; margin-left: 0; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Pursuant to the requirements
of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the
dates as indicated.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 32%; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 8pt Times New Roman, Times, Serif"><B>Signature</B></FONT></td>
    <TD STYLE="width: 1%; text-align: center"><FONT STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></td>
    <TD STYLE="width: 49%; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 8pt Times New Roman, Times, Serif"><B>Title</B></FONT></td>
    <TD STYLE="width: 1%; text-align: center"><FONT STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></td>
    <TD STYLE="width: 17%; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 8pt Times New Roman, Times, Serif"><B>Date</B></FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">*</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Chairman of the Board and Chief Executive
    Officer</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Michael F. Roman</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(Principal Executive Officer)</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">/s/ Monish Patolawala</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Executive Vice President and Chief Financial Officer</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">February 8, 2023</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Monish Patolawala</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(Principal Financial Officer)</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">/s/
    Theresa E. Reinseth</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Senior Vice President, Corporate Controller
    and Chief Accounting&nbsp;Officer</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">February 8, 2023</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Theresa E. Reinseth</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(Principal Accounting Officer)</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">*</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Director</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Thomas K. Brown</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">*</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Director</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Pamela J. Craig</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">*</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Director</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">David B. Dillon</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">*</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Director</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Michael L. Eskew</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">*</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Director</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">James R. Fitterling</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">*</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Director</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Amy E. Hood</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">*</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Director</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Muhtar Kent</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">*</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Director</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Suzan Kereere</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">*</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Director</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Dambisa F. Moyo</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">*</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Director</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Gregory R. Page</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
</table>
<br>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">* By</FONT>&nbsp;&nbsp;&nbsp;</td>
    <TD STYLE="width: 5%; border-bottom: Black 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">/s/ Michael
    M. Dai</FONT></td>
    <TD STYLE="width: 76%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD STYLE="width: 16%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD NOWRAP><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Michael M. Dai, Vice President, Associate General Counsel <BR>
and Secretary</FONT></td>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></td>
    <TD NOWRAP STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">February 8, 2023</FONT></td></tr>
</table>
<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">As Attorney-in-Fact for the individuals noted
above with an asterisk</FONT></P>

<HR noshade align="center" width="100%" size=2>
</div>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5
<SEQUENCE>2
<FILENAME>mmm4150291-ex5.htm
<DESCRIPTION>OPINION OF MICHAEL M. DAI, ASSOCIATE GENERAL COUNSEL OF 3M
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY BGCOLOR="#FFFFFF">
<DIV>



<P STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>Exhibit 5</B></FONT></P>

<P><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">3M Company<BR>
3M Center<BR>
St. Paul, MN 55144</FONT></P>

<P><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">February 8, 2023</FONT></P>

<P><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Ladies and Gentlemen:</FONT></P>

<P STYLE="text-indent: 30pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">In my capacity as Associate General
Counsel of 3M Company, a Delaware corporation (the &ldquo;Company&rdquo;),&nbsp;I am furnishing this opinion in connection with the filing
by the Company of a Registration Statement on Form&nbsp;S-3 (the &ldquo;Registration Statement&rdquo;), under the Securities Act of 1933,
as amended (the &ldquo;Securities Act&rdquo;), with the Securities and Exchange Commission (the &ldquo;Commission&rdquo;), registering
the Company&rsquo;s debt securities (the &ldquo;Debt Securities&rdquo;) and shares of common stock, par value $0.01 per share (the &ldquo;Common
Stock&rdquo;), for proposed issuance and sale from time to time pursuant to Rule&nbsp;415 under the Securities Act.</FONT></P>

<P STYLE="text-indent: 30pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">The Debt Securities will be issued
from time to time pursuant to an indenture (the &ldquo;Indenture&rdquo;) relating to the Company&rsquo;s senior debt securities, dated
as of November&nbsp;17, 2000, between the Company and The Bank of New York Mellon Trust Company, N.A., as successor trustee (the &ldquo;Trustee&rdquo;),
as amended on July&nbsp;29, 2011.</FONT></P>

<P STYLE="text-indent: 30pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">In connection with the foregoing,&nbsp;I
have examined, or am familiar with, originals, or copies, certified or otherwise, identified to my satisfaction, of such documents, corporate
records and other instruments as I have deemed necessary for the purpose of this opinion, including the following:&nbsp; (a)&nbsp;the
form of Registration Statement as filed herewith, including, among others, the exhibits thereto; (b)&nbsp;the Certificate of Incorporation
of the Company; (c)&nbsp;the Amended and Restated Bylaws of the Company; and (d)&nbsp;the resolutions of the Board of Directors of the
Company authorizing the filing of the Registration Statement.</FONT></P>

<P STYLE="text-indent: 30pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Based upon the foregoing and subject
to the limitations, qualifications and assumptions set forth herein,&nbsp;I am of the opinion that:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 30pt"></TD><TD STYLE="width: 15pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">1.</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">When
                                            (a)&nbsp;the appropriate corporate action has been taken by the Company to authorize the
                                            forms, terms, execution and delivery of any series of the Debt Securities, (b)&nbsp;the Debt
                                            Securities shall have been duly issued and executed in the form and containing the terms
                                            set forth in the Registration Statement, the Indenture and such corporate action, and delivered
                                            against payment of the authorized consideration therefor, (c)&nbsp;any legally required consents,
                                            approvals, authorizations and other orders of the Commission and any other regulatory authorities
                                            are obtained, and (d)&nbsp;the Debt Securities have been authenticated by the Trustee, then,
                                            such Debt Securities will be validly issued and will constitute valid and binding obligations
                                            of the Company in accordance with their terms, in each case subject to bankruptcy, insolvency,
                                            reorganization and other laws of general applicability relating to or affecting the enforcement
                                            of creditors&rsquo; rights and to general equity principles; and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD><FONT STYLE="font: 12pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 12pt Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font: 12pt Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">2.</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">When
                                            (a)&nbsp;the appropriate corporate action has been taken to authorize the issuance of Common
                                            Stock, (b)&nbsp;any legally required consents, approvals, authorizations and other orders
                                            of the Commission and any other regulatory authorities are obtained, (c)&nbsp;the Common
                                            Stock shall have been duly issued and delivered by the Company against payment of the authorized
                                            consideration therefor, and (d)&nbsp;certificates evidencing such shares of Common Stock
                                            have been duly executed by the authorized officers of the Company in accordance with applicable
                                            law, then, such Common Stock will be validly issued, fully paid and non-assessable (provided
                                            that the consideration paid therefor is not less than the par value thereof).</FONT></TD></TR></TABLE>

<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV>


<P STYLE="text-indent: 30pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">I am familiar with the proceedings
heretofore taken by the Company in connection with the authorization, registration, issuance and sale of the Debt Securities and Common
Stock.&nbsp; I have, with your consent, relied as to factual matters on certificates or other documents furnished by the Company or its
officers and by governmental authorities and upon such other documents and data that I have deemed appropriate. I have assumed the authenticity
of all documents submitted to us as copies.</FONT></P>

<P STYLE="text-indent: 30pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">This opinion is limited to the
Federal laws of the United States and the laws of the State of New York and the General Corporate Laws of the State of Delaware.&nbsp;
I am expressing no opinions as to the effect of the laws of any other jurisdiction.</FONT></P>

<P STYLE="text-indent: 30pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">I am aware that I am referred
to under the heading &ldquo;Legal Matters&rdquo; in the Prospectus forming a part of the Registration Statement, and I hereby consent
to such use of my name therein and to the use of this opinion for filing with the Registration Statement as Exhibit&nbsp;5 thereto.&nbsp;
In giving this consent,&nbsp;I do not hereby admit that I am within the category of persons whose consent is required under Section&nbsp;7
of the Securities Act or the rules&nbsp;and regulations of the Commission promulgated thereunder.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>Very truly yours,</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 49%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"></FONT></TD>
    <TD STYLE="border-bottom: Black 1px solid; width: 29%">/s/&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Michael M. Dai</FONT></TD>
    <TD STYLE="width: 20%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Michael M. Dai</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Associate General Counsel</FONT></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
  <P STYLE="text-align: center"><FONT STYLE="font: 12pt Times New Roman, Times, Serif">2</FONT></p>
  <HR noshade align="center" width="100%" size=2>


</div>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>3
<FILENAME>mmm4150291-ex231.htm
<DESCRIPTION>CONSENT OF PRICEWATERHOUSECOOPERS LLP
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY bgcolor="#ffffff">
<div>

<P STYLE="margin-right: 0; margin-left: 0; text-align: right"><FONT STYLE="font: 11pt Times New Roman, Times, Serif"><B>Exhibit 23.1</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><U>CONSENT OF INDEPENDENT
REGISTERED PUBLIC ACCOUNTING FIRM</U></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">We hereby consent to the incorporation by reference
in this Registration Statement on Form&nbsp;S-3 of 3M Company of our report dated February&nbsp;8, 2023 relating to the financial
statements and the effectiveness of internal control over financial reporting, which appears in 3M Company&rsquo;s Annual Report
on Form&nbsp;10-K for the year ended December&nbsp;31, 2022.&nbsp;We also consent to the reference to us under the heading &ldquo;Experts&rdquo;
in such Registration Statement.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: bottom; width: 80%">/s/ PricewaterhouseCoopers LLP</TD>
    <TD STYLE="vertical-align: top; width: 20%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom">Minneapolis, Minnesota</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom">February&nbsp;8, 2023</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
</TABLE>

<HR noshade align="center" width="100%" size=2>
</div>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>4
<FILENAME>mmm4150291-ex24.htm
<DESCRIPTION>POWERS OF ATTORNEY
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY bgcolor="#ffffff">
<DIV>

<P STYLE="margin-right: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>POWER OF ATTORNEY</B></FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: justify; text-indent: 30pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Each of
the undersigned Directors and the Principal Executive, Principal Financial and Principal Accounting Officers of 3M COMPANY, a
Delaware corporation, hereby constitute and appoint Michael F. Roman, Monish Patolawala, Theresa E. Reinseth, Kevin H. Rhodes,
Israel Owodunni and Michael M. Dai, and each of them, his or her true and lawful attorneys-in-fact and agents, with full and several
power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to
sign one or more Registration Statements under the Securities Act&nbsp;of&nbsp;1933, as amended, on Form S-3, or such other form
as such attorneys-in-fact or any of them may deem necessary or desirable, and to sign any and all amendments (including post-effective
amendments and supplements to such registration statement) for the registration of securities, in such forms as they or any one
of them may approve, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities
and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and
perform each and every act and thing such said attorneys and agents may deem necessary or desirable to enable 3M COMPANY to comply
with the Securities Act&nbsp;of&nbsp;1933, as amended, and the Trust Indenture Act of 1939, as amended, and any rules, regulations,
and requirements of the Securities and Exchange Commission in respect thereof, including specifically, but without limiting the
generality of the foregoing, power and authority to sign the name of 3M COMPANY, and the names of the undersigned to one or more
Registration Statements or amendments thereto and to any instruments and documents filed as part of or in connection therewith;
as fully and to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming that said attorneys-in-fact
and agents, or any of them or their substitutes or resubstitutes, may lawfully do or cause to be done by virtue hereof.</FONT></P>

<P STYLE="margin-right: 0; margin-left: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The undersigned have signed
this Power of Attorney this 7<SUP>th</SUP> day of February 2023.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 42%; border-bottom: Black 1px solid">/s/ Michael F. Roman</TD>
    <TD STYLE="width: 16%; padding-bottom: 1px">&nbsp;</TD>
    <TD STYLE="width: 42%; border-bottom: Black 1px solid">/s/ Monish Patolawala</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>Michael F. Roman, Chairman of the<BR>
    Board and Chief Executive Officer <BR>
    (Principal Executive Officer and Director)</TD>
    <TD>&nbsp;</TD>
    <TD>Monish Patolawala, Executive Vice President <BR>
    and Chief Financial Officer <BR>
    (Principal Financial Officer)</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1px solid">/s/ Theresa E. Reinseth</TD>
    <TD STYLE="padding-bottom: 1px">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid">/s/ Amy E. Hood</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>Theresa E. Reinseth, Senior Vice President, <BR>
    Controller and Chief Accounting Officer <BR>
    (Principal Accounting Officer)</TD>
    <TD>&nbsp;</TD>
    <TD>Amy E. Hood, Director</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1px solid">/s/ Thomas K. Brown</TD>
    <TD STYLE="padding-bottom: 1px">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid">/s/ Muhtar Kent</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>Thomas K. Brown, Director</TD>
    <TD>&nbsp;</TD>
    <TD>Muhtar Kent, Director</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1px solid">/s/ Pamela J. Craig</TD>
    <TD STYLE="padding-bottom: 1px">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid">/s/ Suzan Kereere</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>Pamela J. Craig, Director</TD>
    <TD>&nbsp;</TD>
    <TD>Suzan Kereere, Director</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1px solid">/s/ David B. Dillon</TD>
    <TD STYLE="padding-bottom: 1px">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid">/s/ Dambisa F. Moyo</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>David B. Dillon, Director</TD>
    <TD>&nbsp;</TD>
    <TD>Dambisa F. Moyo, Director</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1px solid">/s/ Michael L. Eskew</TD>
    <TD STYLE="padding-bottom: 1px">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid">/s/ Gregory R. Page</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>Michael L. Eskew, Director</TD>
    <TD>&nbsp;</TD>
    <TD>Gregory R. Page, Director</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1px solid">/s/ James R. Fitterling</TD>
    <TD STYLE="padding-bottom: 1px">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1px">&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>James R. Fitterling, Director</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
</TABLE>

<HR noshade align="center" width="100%" size=2>
</div>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-25
<SEQUENCE>5
<FILENAME>mmm4150291-ex25.htm
<DESCRIPTION>STATEMENT OF ELIGIBILITY ON FORM T-1 OF THE BANK OF NEW YORK
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>

<BODY bgcolor="#ffffff">

<DIV>


<P STYLE="text-align: center; border-bottom: Black 2px dashed; padding: 0pt; border-top: Black 2px dashed; margin-bottom: 1pt; margin-top: 0"><FONT STYLE="font: 1pt Times New Roman, Times, Serif">&nbsp;</FONT></p>


<P STYLE="text-align: center; margin-top: 3pt"><FONT STYLE="font: 12pt Times New Roman, Times, Serif">UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">FORM T-1</FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">STATEMENT OF ELIGIBILITY<BR>
UNDER THE TRUST INDENTURE ACT OF 1939 OF A<BR>
CORPORATION DESIGNATED TO ACT AS TRUSTEE</FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">CHECK IF AN APPLICATION
TO DETERMINE<BR>
ELIGIBILITY OF A TRUSTEE PURSUANT TO<BR>
SECTION 305(b)(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">o</FONT></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 2px solid; width: 30%; text-align: center">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">THE BANK OF NEW YORK MELLON<BR>
TRUST COMPANY, N.A.<BR>
(Exact name of trustee as specified in its charter)</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%; border: Black 1pt solid; padding-right: 5pt; padding-bottom: 5pt; padding-left: 5pt; text-align: left; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">(Jurisdiction
    of incorporation<BR>
    if not a U.S. national bank)</FONT></TD>
    <TD STYLE="width: 40%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5pt; padding-bottom: 5pt; padding-left: 5pt; text-align: left; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">95-3571558<BR>
    (I.R.S. employer<BR>
    identification no.)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5pt; padding-bottom: 5pt; padding-left: 5pt; text-align: left; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">333
    South Hope Street<BR>
    Suite 2525 <BR>
    Los Angeles, California<BR>
    (Address of principal executive offices)</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5pt; padding-bottom: 5pt; padding-left: 5pt; text-align: left; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">90071<BR>
    (Zip code)</FONT></TD></TR>
</TABLE>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 15pt"><DIV STYLE="font-size: 1pt; border-top: Black 2px solid; width: 30%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->




<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">3M Company<BR>
(Exact name of obligor as specified in its charter)</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%; border: Black 1pt solid; padding-right: 5pt; padding-left: 5pt; text-align: left; padding-bottom: 5pt; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Delaware<BR>
    (State or other jurisdiction of<BR>
    incorporation or organization)</FONT></TD>
    <TD STYLE="width: 40%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5pt; padding-left: 5pt; text-align: left; padding-bottom: 5pt; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">41-0417775<BR>
    (I.R.S. employer<BR>
    identification no.)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5pt; padding-left: 5pt; text-align: left; padding-bottom: 5pt; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">3M
    Center<BR>
    St. Paul, Minnesota<BR>
    (Address of principal executive offices)</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5pt; padding-left: 5pt; text-align: left; vertical-align: bottom; padding-bottom: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">55144<BR>
    (Zip code)</FONT></TD></TR>
</TABLE>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 10pt"><DIV STYLE="font-size: 1pt; border-top: Black 2px solid; width: 30%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->


<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Debt Securities<BR>
(Title of the indenture securities)</FONT></P>

<P STYLE="text-align: center; border-bottom: Black 2px dashed; padding: 0pt; border-top: Black 2px dashed; margin-bottom: 1pt; margin-top: 0"><FONT STYLE="font: 1pt Times New Roman, Times, Serif">&nbsp;</FONT></p>



<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 30pt; text-align: left"><B>1.</B></TD>
    <TD STYLE="text-align: justify"><B>General information.&nbsp;&nbsp;Furnish the following information as to the trustee:</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 30pt; text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="width: 30pt; text-align: left; text-indent: 0pt"><B>(a)</B></TD>
    <TD STYLE="text-align: justify; text-indent: 0pt"><B>Name and address of each examining or supervising authority
    to which it is subject.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD></TR>
</TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: top; width: 55%; border-bottom: Black 1px dashed; border-top: Black 1px dashed; text-align: center; padding-top: 3pt; padding-bottom: 3pt; padding-right: 80pt">Name</TD>
    <TD STYLE="width: 10%; text-align: left; vertical-align: top; border-bottom: Black 1px dashed; border-top: Black 1px dashed; padding-top: 3pt; padding-bottom: 3pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 35%; border-bottom: Black 1px dashed; text-align: center; border-top: Black 1px dashed; padding-top: 3pt; padding-bottom: 3pt; padding-right: 40pt">Address</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top; padding-left: 30pt">Comptroller of the Currency United States Department of
    the Treasury</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Washington, DC 20219</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top; padding-left: 30pt">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top; padding-left: 30pt">Federal Reserve Bank</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">San Francisco, CA 94105</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top; padding-left: 30pt">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top; padding-left: 30pt">Federal Deposit Insurance Corporation</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Washington, DC 20429</TD></TR>
</TABLE>
<BR>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 30pt">&nbsp;</TD>
    <TD STYLE="width: 30pt; text-align: left; text-indent: 0pt"><B>(b)</B></TD>
    <TD STYLE="text-align: left; text-indent: 0pt"><B>Whether it is authorized to exercise corporate trust powers.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD></TR>
</TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 30pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 30pt; text-align: left">Yes.</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 30pt; text-align: left; text-indent: 0pt"><B>2.</B></TD>
    <TD STYLE="text-align: justify; text-indent: 0pt"><B>Affiliations with Obligor.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>If the obligor is an affiliate of the trustee, describe each such affiliation. </B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">None.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0pt"><B>16.</B></TD>
    <TD STYLE="text-align: left; text-indent: 0pt"><B>List of Exhibits. </B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>Exhibits identified in parentheses below, on file with the Commission, are incorporated herein
    by reference as an exhibit hereto, pursuant to Rule 7a&#45;29 under the Trust Indenture Act of 1939 (the &ldquo;Act&rdquo;).</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 30pt">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt; width: 30pt">1.</TD>
    <TD STYLE="text-align: justify; text-indent: 0pt">A copy of the articles of association of The Bank of New York Mellon Trust
    Company, N.A., formerly known as The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement
    No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">2.</TD>
    <TD STYLE="text-align: justify; text-indent: 0pt">A copy of certificate of authority of the trustee to commence business. (Exhibit
    2 to Form T-1 filed with Registration Statement No. 333-121948).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">3.</TD>
    <TD STYLE="text-align: justify; text-indent: 0pt">A copy of the authorization of the trustee to exercise corporate trust powers
    (Exhibit 3 to Form <Font style="white-space:nowrap">T-1</font> filed with Registration Statement No. 333-152875).</TD></TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center">- 2 -</P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 30pt">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt; width: 30pt">4.</TD>
    <TD STYLE="text-align: justify; text-indent: 0pt">A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed
    with Registration Statement No. 333-229762).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">6.</TD>
    <TD STYLE="text-align: justify; text-indent: 0pt">The consent of the trustee required by Section 321(b) of the Act (Exhibit 6
    to Form T-1 filed with Registration Statement No. 333-152875).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; text-indent: 0pt">7.</TD>
    <TD STYLE="text-align: justify; text-indent: 0pt">A copy of the latest report of condition of the Trustee published pursuant
    to law or to the requirements of its supervising or examining authority.</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center">- 3 -</P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV>


<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">SIGNATURE</FONT></P>

<P STYLE="text-align: justify; text-indent: 30pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Pursuant to the requirements
of the Act, the trustee, The Bank of New York Mellon Trust Company, N.A., a banking association organized and existing under the
laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned,
thereunto duly authorized, all in the City of Chicago, and State of Illinois, on the 1st day of February, 2023.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left">THE BANK OF NEW YORK MELLON<BR> TRUST COMPANY, N.A.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left; padding-bottom: 1px">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; width: 60%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">By:&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%; border-bottom: Black 1px solid">/s/</TD>
    <TD STYLE="text-align: left; width: 38%; border-bottom: Black 1px solid">Ann M. Dolezal</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">Name:&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: left">Ann M. Dolezal</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">Title:</TD>
    <TD STYLE="text-align: left">Vice President</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center">- 4 -</P>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; text-align: right"><U>EXHIBIT 7</U></P>





<P STYLE="text-align: center; border-top: Black 1px solid">Consolidated Report of Condition of</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center">THE BANK OF NEW YORK MELLON</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-bottom: 0">of 240 Greenwich Street, New York, N.Y. 10286<BR>
And Foreign and Domestic Subsidiaries,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0">a member of the Federal Reserve System,
at the close of business September 30, 2022, published in accordance with a call made by the Federal Reserve Bank of this District
pursuant to the provisions of the Federal Reserve Act.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt"><B>ASSETS</B></TD>
    <TD COLSPAN="3" NOWRAP STYLE="text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">Dollar&nbsp;amounts&nbsp;in&nbsp;thousands</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: left; width: 96%; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Cash and balances due from depository institutions:</TD>
    <TD STYLE="width: 1%; padding-top: 2pt; padding-bottom: 2pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="width: 1%; padding-top: 2pt; padding-bottom: 2pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right; width: 2%; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Noninterest-bearing
    balances and currency and coin</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">3,792,000</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Interest-bearing balances</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">116,157,000</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Securities:</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Held-to-maturity securities</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">57,255,000</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Available-for-sale debt securities</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">86,452,000</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Equity
    securities with readily determinable fair values not held for trading</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">1,000</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Federal
    funds sold and securities purchased under agreements to resell:</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Federal funds sold in domestic offices</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">0</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Securities purchased under agreements to resell</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">7,901,000</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Loans and lease financing receivables:</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Loans and leases held for sale</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">0</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Loans and leases held for investment</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">33,860,000</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">LESS:
    Allowance for loan and lease losses</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">144,000</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Loans and leases held for investment, net of allowance</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">33,716,000</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Trading assets</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">7,533,000</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Premises and fixed assets (including capitalized leases)</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">2,838,000</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Other real estate owned</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">3,000</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Investments
    in unconsolidated subsidiaries and associated companies</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">1,309,000</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Direct
    and indirect investments in real estate ventures</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">0</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Intangible assets</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">6,875,000</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Other assets</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">20,822,000</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Total assets</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; border-bottom: Black 3px double; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">344,654,000</TD></TR>
</TABLE>



<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; width: 96%; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt"><B>LIABILITIES</B>
</TD>
    <TD STYLE="width: 1%; padding-top: 2pt; padding-bottom: 2pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="width: 1%; padding-top: 2pt; padding-bottom: 2pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 2%; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Deposits:</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">In domestic offices</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">194,373,000</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Noninterest-bearing</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">85,878,000</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Interest-bearing</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">108,495,000</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">In
    foreign offices, Edge and Agreement subsidiaries, and IBFs</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">107,970,000</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Noninterest-bearing</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">4,897,000</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Interest-bearing</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">103,073,000</TD></TR>

<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; width: 96%; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Federal
    funds purchased and securities sold under agreements to repurchase:</TD>
    <TD STYLE="width: 1%; padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="width: 1%; padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">&nbsp;</TD>
    </TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Federal
    funds purchased in domestic offices</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">0</TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Securities
    sold under agreements to repurchase</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">3,815,000</TD>
    </TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Trading liabilities</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">3,907,000</TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Other
    borrowed money:</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 20pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt"> (includes mortgage indebtedness and obligations under capitalized leases)</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">365,000</TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Not applicable</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">&nbsp;</TD>
    </TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Not applicable</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">&nbsp;</TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Subordinated notes and debentures</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">0</TD>
    </TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Other liabilities</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">8,323,000</TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Total liabilities</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; border-bottom: Black 3px double; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">318,753,000</TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt"><B>EQUITY CAPITAL</B></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">&nbsp;</TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Perpetual preferred stock and related surplus</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">0</TD>
    </TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Common stock</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">1,135,000</TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Surplus
    (exclude all surplus related to preferred stock)</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">11,906,000</TD>
    </TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Retained earnings</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">17,582,000</TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Accumulated other comprehensive income</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">-4,722,000</TD>
    </TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Other equity capital components</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">0</TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Total bank equity capital</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">25,901,000</TD>
    </TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Noncontrolling (minority) interests in consolidated subsidiaries</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">0</TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Total equity capital</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt; padding-right: 4pt">25,901,000</TD>
    </TR>
<TR STYLE="background-color: Silver">
    <TD STYLE="vertical-align: top; text-align: left; padding-left: 10pt; text-indent: -10pt; padding-top: 2pt; padding-bottom: 2pt">Total liabilities and equity capital</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2pt; padding-bottom: 2pt; border-bottom: Black 3px double; padding-right: 4pt">344,654,000</TD>
    </TR>
</TABLE>
<HR noshade align="center" width="100%" size=2>
<DIV style="PAGE-BREAK-BEFORE: always"></DIV>
<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: justify; text-indent: 30pt">I, Emily Portney,
Chief Financial Officer of the above-named bank do hereby declare that this Report of Condition is true and correct to the best
of my knowledge and belief.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: right; width: 75%"></TD>
    <TD STYLE="text-align: right; width: 25%; padding-right: 20pt">Emily Portney<BR>
Chief Financial Officer</TD></TR>
</TABLE>


<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: justify; text-indent: 30pt">We, the undersigned
directors, attest to the correctness of this statement of resources and liabilities. We declare that it has been examined by us,
and to the best of our knowledge and belief has been prepared in conformance with the instructions and is true and correct.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR>
    <TD STYLE="width: 25%; text-align: left; padding-bottom: 10pt">Robin A. Vance <BR>
Frederick O. Terrell<BR>
Joseph J. Echevarria</TD>
    <TD STYLE="width: 2%; border-top: Black 1px solid; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-bottom: 10pt">&nbsp;</TD>
    <TD STYLE="width: 73%; text-align: center; padding-bottom: 10pt">Directors</TD></TR>
</TABLE>


<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: justify; border-bottom: Black 1px solid">&nbsp;</P>
<HR noshade align="center" width="100%" size=2>
</div>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>6
<FILENAME>mmm4150291-ex107.htm
<DESCRIPTION>FILING FEE TABLE
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY bgcolor="#ffffff">

<DIV>

<P STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit 107
</B></FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Calculation
of Filing Fee Table </B></FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form S-3ASR<BR>
(Form Type)</FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3M Company<BR>
(Exact Name
of Registrant as Specified in its Charter)</FONT></P>

<P STYLE="text-align: center; margin-bottom: 2pt">&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Table 1:
Newly Registered Securities </U></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 14%; border: Black 1px solid; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Security
    Type</FONT></TD>
    <TD STYLE="width: 14%; text-align: center; border-bottom: Black 1px solid; border-top: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Security<BR>
    Class Title</FONT></TD>
    <TD STYLE="width: 27%; text-align: center; border: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Fee
    Calculation<BR>
    Rule</FONT></TD>
    <TD STYLE="width: 9%; text-align: center; border-bottom: Black 1px solid; border-top: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Amount<BR>
    Registered(1)</FONT></TD>
    <TD STYLE="text-align: center; width: 9%; border: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Proposed<BR>
    Maximum<BR>
    Offering<BR>
    Price Per<BR>
    Unit(2)</FONT></TD>
    <TD STYLE="text-align: center; width: 9%; border-bottom: Black 1px solid; border-top: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Maximum<BR>
    Aggregate<BR>
    Offering<BR>
    Price(2)</FONT></TD>
    <TD STYLE="text-align: center; width: 9%; border: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Fee<BR>
    Rate</FONT></TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; text-align: center; width: 9%; border-top: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">Amount
    of<BR>
    Registration<BR>
    Fee</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-left: Black 1px solid; text-align: center; border-right: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Debt</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Debt
    Securities</FONT></TD>
    <TD STYLE="border-right: Black 1px solid; border-left: Black 1px solid; vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rule
    456(b) and Rule 457(r)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="border-right: Black 1px solid; border-left: Black 1px solid; vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="border-right: Black 1px solid; border-left: Black 1px solid; vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="border-right: Black 1px solid; vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-left: Black 1px solid; text-align: center; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Equity</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Common
    Stock</FONT></TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rule
    456(b) and Rule 457(r)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD></TR>
<TR>
    <TD COLSPAN="4" STYLE="vertical-align: top; border-left: Black 1px solid; text-align: center; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    Offering Amounts</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></TD></TR>
<TR>
    <TD COLSPAN="4" STYLE="vertical-align: top; border-left: Black 1px solid; text-align: center; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    Fee Offsets</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></TD></TR>
<TR>
    <TD COLSPAN="4" STYLE="vertical-align: top; border-bottom: Black 1px solid; border-left: Black 1px solid; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net
    Fee Due</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; border-left: Black 1px solid; text-align: center; border-right: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1px solid; vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1px solid; border-left: Black 1px solid; text-align: center; border-right: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; vertical-align: bottom; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></TD></TR>
</TABLE>

<P STYLE="text-align: center; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Carry Forward
Securities</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; width: 14%; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; border-top: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Carry<BR>
    Forward<BR>
    Securities</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 14%; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; border-top: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 27%; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; border-top: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; border-top: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; border-top: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; border-top: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; border-top: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; text-align: center; border: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    Offering Amounts</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    Fees Previously Paid</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    Fee Offsets</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net
    Fee Due</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; border-left: Black 1px solid; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<BR>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 1%; padding-right: 8pt">(1)</TD>
    <TD STYLE="width: 99%">An indeterminate aggregate initial offering price and number or amount of the securities of each identified class is being
    registered as may from time to time be sold at indeterminate prices.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 8pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 8pt">(2)</TD>
    <TD>In reliance on and in accordance with Rules 456(b) and 457(r), the registrant is deferring payment of all of the registration
    fee.</TD></TR>
</TABLE>
<HR noshade align="center" width="100%" size=2>
</div>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>mmm4150291-s3a001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 mmm4150291-s3a001.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1"  G $@# 2(  A$! Q$!_\0
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I,]#M&?0=****Z9)*4DME)I>B;2_(^"DDI22V4FEZ)M+>[V75M^;/_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
