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Quarterly Data (Unaudited)

12 Months Ended

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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- References

No definition available.

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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

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