Earnings Per Share

3 Months Ended

Mar. 31, 2025

NOTE 10. Earnings 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 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 of 14.6 million and 32.8 million average options for the three months ended March 31, 2025 and 2024, respectively. The computations for basic and diluted earnings per share follow:


	Three months ended March 31,
(Amounts in millions, except per share amounts)	2025		2024
Numerator:
Net income from continuing operations attributable to 3M	$	1,116	$	705
Net income from discontinued operations, net of taxes	—		223
Net income attributable to 3M	$	1,116	$	928

Denominator:
Denominator for weighted average 3M common shares outstanding – basic	543.8		555.0
Dilution associated with stock-based compensation plans	3.9		0.9
Denominator for weighted average 3M common shares outstanding – diluted	547.7		555.9

Earnings per share attributable to 3M common shareholders:
Earnings per share from continuing operations — basic	$	2.05	$	1.27
Earnings per share from discontinued operations — basic	—		0.40
Earnings per share — basic	$	2.05	$	1.67

Earnings per share from continuing operations — diluted	$	2.04	$	1.27
Earnings per share from discontinued operations — diluted	—		0.40
Earnings per share — diluted	$	2.04	$	1.67