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Supplemental Equity and Comprehensive Income Information (Tables)

3 Months Ended

Mar. 31, 2025

Stockholders' Equity Note [Abstract]

Schedule of Consolidated Statement of Changes in Equity

The table below presents the consolidated changes in equity for three months ended March 31, 2025 and 2024:

												3M Company Shareholders																								Non-controlling interest
(Millions)						Total						Common stock and additional paid-in capital						Retained earnings						Treasury stock						Accumulated other comprehensive income (loss)
Balance at December 31, 2024						$	3,894					$	7,238					$	36,797					$	(34,462)					$	(5,731)					$	52
Net income						1,122												1,116																		6
Other comprehensive income (loss), net of tax						200																								200						—
Dividends declared						(396)												(396)
Purchase of non-controlling interest						1						—																								1
Stock-based compensation						72						72
Reacquired stock						(1,275)																		(1,275)
Issuances pursuant to stock option and benefit plans						905												(85)						990
Balance at March 31, 2025						$	4,523					$	7,310					$	37,432					$	(34,747)					$	(5,531)					$	59
Balance at December 31, 2023						$	4,868					$	6,965					$	37,479					$	(32,859)					$	(6,778)					$	61
Net income						933												928																		5
Other comprehensive income (loss), net of tax						(47)																								(48)						1
Dividends declared						(835)												(835)
Stock-based compensation						17						17
Reacquired stock						(21)																		(21)
Issuances pursuant to stock option and benefit plans						18												(100)						118
Balance at March 31, 2024						$	4,933					$	6,982					$	37,472					$	(32,762)					$	(6,826)					$	67

Schedule of Changes in Accumulated Other Comprehensive Income (Loss) Attributable to 3M

The table below presents the changes in accumulated other comprehensive income (loss) attributable to 3M (AOCI), including the reclassifications out of AOCI by component for the three months ended March 31, 2025 and 2024:

(Millions)						Cumulative translation adjustment						Defined benefit pension and postretirement plans adjustment						Cash flow hedging instruments, unrealized gain (loss)						Total accumulated other comprehensive income (loss)
Balance at December 31, 2024, net of tax:						$	(2,953)					$	(2,763)					$	(15)					$	(5,731)
Other comprehensive income (loss), before tax:
Amounts before reclassifications						149						—						(14)						135
Amounts reclassified out						—						76						(23)						53
Total other comprehensive income (loss), before tax						149						76						(37)						188
Tax effect2						22						(18)						8						12
Total other comprehensive income (loss), net of tax						171						58						(29)						200
Balance at March 31, 2025, net of tax:						$	(2,782)					$	(2,705)					$	(44)					$	(5,531)
Balance at December 31, 2023, net of tax:						$	(2,506)					$	(4,218)					$	(54)					$	(6,778)
Other comprehensive income (loss), before tax:
Amounts before reclassifications						(253)						67						61						(125)
Amounts reclassified out						57						96						(27)						126
Total other comprehensive income (loss), before tax						(196)						163						34						1
Tax effect2						(13)						(28)						(8)						(49)
Total other comprehensive income (loss), net of tax						(209)						135						26						(48)
Balance at March 31, 2024, net of tax:						$	(2,715)					$	(4,083)					$	(28)					$	(6,826)

2 Includes tax expense (benefit) reclassified out of AOCI related to the following:

									Three months ended March 31,
			(millions)						2025						2024
			Cumulative translation adjustment						$	—					$	—
			Defined benefit pension and postretirement plans adjustment						(18)						(13)
			Cash flow hedging instruments, realized gain/loss						5						6

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- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481694/830-30-45-20

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Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-SubTopic 10
-Topic 505
-Publisher FASB
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