XML 75 R57.htm IDEA: XBRL DOCUMENT v3.25.0.1
Business Segments and Geographic Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Business Segment Information
Business Segment Products
Business SegmentRepresentative revenue-generating activities, products or services
Safety and Industrial
Industrial abrasives and finishing for metalworking applications
Autobody repair solutions
Industrial specialty products such as personal hygiene products, masking, and packaging materials
Electrical products and materials for construction and maintenance, power distribution and electrical original equipment manufacturers (OEMs)
Structural adhesives and tapes
Respiratory, hearing, eye and fall protection solutions
Natural and color-coated mineral granules for shingles
Transportation and Electronics
Advanced ceramic solutions
Attachment/bonding, films, sound and temperature management for transportation vehicles
Premium large format graphic films for advertising and fleet signage
Reflective signage for highway, and vehicle safety
Light management films and electronics assembly solutions
Chip packaging and interconnection solutions
Semiconductor production materials
Solutions for data centers
Consumer
Cleaning products for the home
Consumer air quality products
Picture hanging accessories
Retail abrasives, paint accessories and safety products
Stationery and office products
Automotive appearance products
Consumer bandages, tapes, braces and supports

Some seasonality impacts this business segment, for example back-to-school and holiday
Business Segment Information
Net Sales (Millions)
202420232022
Safety and Industrial$10,961 $10,956 $11,604 
Transportation and Electronics8,380 8,501 8,902 
Consumer4,931 5,026 5,292 
Total reportable business segment net sales24,272 24,483 25,798 
Corporate and Unallocated271 90 82 
Other
32 37 281 
Total Company$24,575 $24,610 $26,161 
Significant Segment Expenses and Operating Performance (Millions)
202420232022
Safety and Industrial
 Cost of sales$5,965 $6,137 $6,510 
 Selling, general and administrative expenses2,020 2,023 3,467 
 Research, development and related expenses 485 472 492 
Safety and Industrial operating income (loss)2,491 2,324 1,135 
Transportation and Electronics
 Cost of sales5,106 5,524 5,413 
 Selling, general, administrative and goodwill impairment expenses
1,236 1,207 2,042 
 Research, development and related expenses460 458 474 
Transportation and Electronics operating income (loss)1,578 1,312 973 
Consumer
 Cost of sales2,912 3,064 3,252 
 Selling, general and administrative expenses955 933 943 
 Research, development and related expenses 132 125 119 
Consumer operating income (loss)932 904 978 
Total reportable business segment operating income (loss)5,001 4,540 3,086 
Corporate and Unallocated
Corporate special items:
Net costs for significant litigation(45)(14,785)(877)
Divestiture costs (20)(13)(8)
Gain on business divestitures  36 2,724 
Divestiture-related restructuring actions — (41)
Russia exit (charges) benefits 18 (101)
Total corporate special items(65)(14,744)1,697 
Other corporate (expense) income - net
(108)(540)(484)
Total Corporate and Unallocated(173)(15,284)1,213 
Other
(6)55 70 
Total Company operating income (loss)4,822 (10,689)4,369 
Other expense/(income), net3 582 165 
Income (loss) from continuing operations before income taxes
$4,819 $(11,271)$4,204 
AssetsDepreciation & AmortizationCapital Expenditures
(Millions)20242023202420232022202420232022
Safety and Industrial$10,877 $11,212 $556 $530 $566 $373 $285 $512 
Transportation and Electronics6,531 6,826 458 537 410 468 723 562 
Consumer2,518 2,625 157 160 148 80 105 146 
Corporate and Unallocated and Other
19,942 16,195 53 206 130 183 275 257 
Total continuing operations$39,868 $36,858 $1,224 $1,433 $1,254 $1,104 $1,388 $1,477 
Schedule of Geographical Information
Property, Plant and Equipment - net
(Millions)20242023
Americas$5,284 $5,370 
Asia Pacific1,053 1,176 
Europe, Middle East and Africa1,051 1,144 
Total continuing operations$7,388 $7,690