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Earnings (Loss) Per Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
NOTE 12. Earnings (Loss) Per Share
The difference in the weighted average 3M shares outstanding for calculating basic and diluted earnings per share attributable to 3M common shareholders is the result of the dilution associated with the Company’s stock-based compensation plans. Certain awards outstanding under these stock-based compensation plans during the years 2024, 2023 and 2022 were not included in the computation of diluted earnings per share attributable to 3M common shareholders because they would have had an anti-dilutive effect (30.8 million average shares for 2024, 36.1 million average shares for 2023, and 30.3 million average shares for 2022). In periods of net losses, these anti-dilutive effects include all weighted average awards outstanding and weighted average shares outstanding is the same for the calculations of both basic and diluted loss per share. The computations for basic and diluted earnings per share follow:
(Amounts in millions, except per share amounts)202420232022
Numerator:
Net income (loss) from continuing operations attributable to 3M$4,009 $(8,402)$4,013 
Net income (loss) from discontinued operations, net of taxes
164 1,407 1,764 
Net income (loss) attributable to 3M $4,173 $(6,995)$5,777 
Denominator:
Denominator for weighted average 3M common shares outstanding basic
550.8 553.9 566.0 
Dilution associated with stock-based compensation plans
1.6 — 1.6 
Denominator for weighted average 3M common shares outstanding diluted
552.4 553.9 567.6 
Earnings (loss) per share attributable to 3M common shareholders:
Earnings (loss) per share from continuing operations — basic
$7.28 $(15.17)$7.09 
Earnings (loss) per share from discontinued operations — basic
0.30 2.54 3.12 
Earnings (loss) per share — basic
$7.58 $(12.63)$10.21 
Earnings (loss) per share from continuing operations — diluted
$7.26 $(15.17)$7.07 
Earnings (loss) per share from discontinued operations — diluted
0.29 2.54 3.11 
Earnings (loss) per share — diluted$7.55 $(12.63)$10.18