XML 29 R12.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Supplemental Income (Loss) Statement Information | 3 Months Ended
--- | ---
Mar. 31, 2024
Other Income and Expenses [Abstract] |
Supplemental Income (Loss) Statement Information | NOTE 6. Supplemental Income (Loss) Statement Information Other expense (income), net consists of the following:
|  | Three months ended March 31, |  |  |
(Millions) |  | 2024 |  | 2023 |  |  |  |  |  |
Interest expense |  | $ | 385 |  |  | $ | 123 |  |  |  |  |  |  |
Interest income |  | (110) |  |  | (40) |  |  |  |  |  |  |
Pension and postretirement net periodic benefit cost (benefit) |  | (11) |  |  | (31) |  |  |  |  |  |  |
Total |  | $ | 264 |  |  | $ | 52 |  |  |  |  |  |  |
Interest expense includes $181 million and $123 million during the three months ended March 31, 2024 and 2023, respectively, related to outstanding debt. Beginning in the second quarter of 2023, interest expense also includes imputed interest associated with the obligations resulting from the PWS Settlement and the CAE Settlement (discussed in Note 16). In the first quarter of 2024, 3M incurred $44 million of interest expense associated with the debt issued by Solventum prior to the Separation discussed in Note 3 and further discussed in Note 11. Pension and postretirement net periodic benefit income described in the table above include all components of defined benefit plan net periodic benefit cost (benefit) except service cost, which is reported in various operating expense lines. Refer to Note 12 for additional details on the components of pension and postretirement net periodic benefit cost (benefit).

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the components of non-operating income or non-operating expense, including, but not limited to, amounts earned from dividends, interest on securities, gain (loss) on securities sold, equity earnings of unconsolidated affiliates, gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_OtherNonoperatingIncomeAndExpenseTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration