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Restructuring Actions
 6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Actions
Note 6. Restructuring Actions
2023 to 2025 Structural Reorganization Actions: In 2023, 3M announced it would undertake structural reorganization actions to reduce the size of the corporate center of the Company, simplify supply chain, streamline 3M’s geographic footprint, reduce layers of management, further align business go-to-market models to customers, and reduce manufacturing roles to align with production volumes. This aggregate initiative, beginning in the first quarter of 2023 and continuing through 2025, is expected (as updated to exclude discontinued operations) to impact approximately 8,000 positions worldwide. During 2024, management approved and committed to undertake additional actions under this initiative impacting approximately 1,100 positions and other actions resulting in a pre-tax charge of $187 million, the relevant portion of which relating to the second quarter and first six months are indicated in the table below. In the first six months of 2025, management approved and committed to undertake additional actions resulting in a pre-tax charge as indicated in the table below. Since its beginning in 2023 through committed second quarter 2025 actions, this initiative impacted approximately 6,900 positions worldwide. Remaining activities related to the restructuring actions approved and committed through June 30, 2025 under this initiative are expected to be largely completed in 2025. Remaining actions 3M may commit to under this initiative are not expected to be material.
The related restructuring charges for periods presented were recorded in the income statement as follows:
Three months ended June 30,Six months ended June 30,
(Millions)2025202420252024
Cost of sales$— $2 $1 $4 
Selling, general and administrative expenses8 32 20 123 
Research, development and related expenses— 1 — 11 
Total operating income impact$8 $35 $21 $138 
The business segment operating income impact of these restructuring charges is summarized as follows:
Three months ended June 30,
20252024
(Millions)
Employee related
Employee related
Asset-related and other
Total
Safety and Industrial$4 $13 $5 $18 
Transportation and Electronics3 7 4 11 
Consumer1 4 2 6 
Total operating expense$8 $24 $11 $35 
Six months ended June 30,
20252024
(Millions)Employee RelatedEmployee RelatedAsset-Related and OtherTotal
Safety and Industrial$10 $39 $25 $64 
Transportation and Electronics7 16 18 34 
Consumer4 9 11 20 
Corporate and Other
— 6 14 20 
Total operating expense$21 $70 $68 $138 
Restructuring actions, including cash and non-cash impacts, follow:
(Millions)
Employee-related
Accrued restructuring action balance as of December 31, 2024
$80 
Incremental expense incurred in the first quarter of 2025
13 
Incremental expense incurred in the second quarter of 2025
8 
Adjustments
(11)
Cash payments(48)
Accrued restructuring action balance as of June 30, 2025
$42 
2023 to 2025 PFAS Exit Restructuring Actions: 3M announced in 2022 that it will exit all PFAS manufacturing by the end of 2025 and began related workforce actions in 2023. In the first six months of 2024, management approved and committed to undertake actions resulting in an immaterial pre-tax charge. During the first six months of 2025, such actions resulted in a pre-tax charge as indicated in the table below. These charges were reflected within the Transportation and Electronics business segment and primarily impacted cost of sales and selling, general and administrative expenses. This initiative, beginning in 2023 through committed 2025 actions, impacted approximately 1,200 positions worldwide.
(Millions)
Employee-related
Accrued restructuring action balance as of December 31, 2024
$86 
Incremental expense incurred in the first quarter of 2025
5 
Incremental expense incurred in the second quarter of 2025
4 
Cash payments(22)
Accrued restructuring action balance as of June 30, 2025
$73