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Quarterly Data (Unaudited) | 12 Months Ended
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Dec. 31, 2024
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Data (Unaudited) | NOTE 23. Quarterly Data (Unaudited) As discussed in Note 2, as a result of the April 2024 separation of Solventum, the historical net income of Solventum is reported in 3M's consolidated financial statements as discontinued operations. The below provides unaudited summarized quarterly financial information on this basis to allow for a meaningful comparison of continuing operations.
|  | 2024
(Millions, except per share amounts) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Full Year
Net sales |  | $ | 6,016 |  |  | $ | 6,255 |  |  | $ | 6,294 |  |  | $ | 6,010 |  |  | $ | 24,575 |
Cost of sales |  | 3,485 |  |  | 3,571 |  |  | 3,647 |  |  | 3,744 |  |  | 14,447 |
Net income (loss) from continuing operations including noncontrolling interest |  | 710 |  |  | 1,210 |  |  | 1,376 |  |  | 728 |  |  | 4,024 |
Net income (loss) from continuing operations attributable to 3M |  | 705 |  |  | 1,204 |  |  | 1,372 |  |  | 728 |  |  | 4,009 |
Net income (loss) from discontinued operations, net of taxes |  | 223 |  |  | (59) |  |  | — |  |  | — |  |  | 164 |
Net income (loss) attributable to 3M |  | 928 |  |  | 1,145 |  |  | 1,372 |  |  | 728 |  |  | 4,173 |
Earnings (loss) per share attributable to 3M common shareholders: |  |  |  |  |  |  |  |  |  |
Earnings (loss) per share from continuing operations — basic |  | $ | 1.27 |  |  | $ | 2.17 |  |  | $ | 2.49 |  |  | $ | 1.34 |  |  | $ | 7.28 |
Earnings (loss) per share from continuing operations — diluted |  | 1.27 |  |  | 2.17 |  |  | 2.48 |  |  | 1.33 |  |  | 7.26 |
Earnings (loss) per share from discontinued operations — basic |  | 0.40 |  |  | (0.10) |  |  | — |  |  | — |  |  | 0.30 |
Earnings (loss) per share from discontinued operations — diluted |  | 0.40 |  |  | (0.10) |  |  | — |  |  | — |  |  | 0.29 |
Earnings (loss) per share — basic |  | 1.67 |  |  | 2.07 |  |  | 2.49 |  |  | 1.34 |  |  | 7.58 |
Earnings (loss) per share — diluted |  | 1.67 |  |  | 2.07 |  |  | 2.48 |  |  | 1.33 |  |  | 7.55 |
|  | 2023
(Millions, except per share amounts) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Full Year
Net sales |  | $ | 6,055 |  |  | $ | 6,283 |  |  | $ | 6,270 |  |  | $ | 6,002 |  |  | $ | 24,610 |
Cost of sales |  | 3,744 |  |  | 3,728 |  |  | 3,716 |  |  | 3,795 |  |  | 14,983 |
Net income (loss) from continuing operations including noncontrolling interest |  | 667 |  |  | (7,166) |  |  | (2,523) |  |  | 636 |  |  | (8,386) |
Net income (loss) from continuing operations attributable to 3M |  | 662 |  |  | (7,171) |  |  | (2,527) |  |  | 634 |  |  | (8,402) |
Net income (loss) from discontinued operations, net of taxes |  | 314 |  |  | 330 |  |  | 452 |  |  | 311 |  |  | 1,407 |
Net income (loss) attributable to 3M |  | 976 |  |  | (6,841) |  |  | (2,075) |  |  | 945 |  |  | (6,995) |
Earnings (loss) per share attributable to 3M common shareholders: |  |  |  |  |  |  |  |  |  |
Earnings (loss) per share from continuing operations — basic |  | $ | 1.20 |  |  | $ | (12.94) |  |  | $ | (4.56) |  |  | $ | 1.14 |  |  | $ | (15.17) |
Earnings (loss) per share from continuing operations — diluted |  | 1.20 |  |  | (12.94) |  |  | (4.56) |  |  | 1.14 |  |  | (15.17) |
Earnings (loss) per share from discontinued operations — basic |  | 0.57 |  |  | 0.59 |  |  | 0.82 |  |  | 0.56 |  |  | 2.54 |
Earnings (loss) per share from discontinued operations — diluted |  | 0.56 |  |  | 0.59 |  |  | 0.82 |  |  | 0.56 |  |  | 2.54 |
Earnings (loss) per share — basic |  | 1.77 |  |  | (12.35) |  |  | (3.74) |  |  | 1.70 |  |  | (12.63) |
Earnings (loss) per share — diluted |  | 1.76 |  |  | (12.35) |  |  | (3.74) |  |  | 1.70 |  |  | (12.63) |
Gross profit is calculated as net sales minus cost of sales.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1B Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 270 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/270/tableOfContent + Details
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