3M CO - Annual Financials - Income Statement (SEC)

Updated on January 2, 2026.

Related Topics: SEC Topic List.

Data Source: SEC.

See details in table below.

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3M CO - Annual Income Statement (In Millions of USD, Except Per Share Amounts)

Breakdown	2024-12-31	2023-12-31	2022-12-31
Net sales	24575	24610	26161
Cost of sales	14447	14983	15853
Selling, general and administrative expenses	4221	19198	7232
Research, development and related expenses	1085	1154	1160
Gain on business divestitures	0	36	2724
Goodwill impairment expense	0	0	271
Total operating expenses	19753	35299	21792
Operating income (loss)	4822	-10689	4369
Other expense (income), net	-3	-582	-165
Income (loss) from continuing operations before income taxes	4819	-11271	4204
Provision (benefit) for income taxes	804	-2867	188
Income (loss) from continuing operations of consolidated group	4015	-8404	4016
Income (loss) from unconsolidated subsidiaries, net of taxes	9	18	11
Net income (loss) from continuing operations including noncontrolling interest	4024	-8386	4027
Less: Net income (loss) attributable to noncontrolling interest	15	16	14
Net income (loss) from continuing operations attributable to 3M	4009	-8402	4013
Net income (loss) from discontinued operations, net of taxes	164	1407	1764
Net income (loss) attributable to 3M	4173	-6995	5777
Basic Weighted Average Shares Outstanding	550.8	553.9	566
Earnings (loss) per share from continuing operations basic (in dollars per share)	7.28	-15.17	7.09
Earnings (loss) per share from discontinued operations basic (in dollars per share)	0.3	2.54	3.12
Basic Earnings Per Share	7.58	-12.63	10.21
Diluted Weighted Average Shares Outstanding	552.4	553.9	567.6
Earnings (loss) per share from continuing operations diluted (in dollars per share)	7.26	-15.17	7.07
Earnings (loss) per share from discontinued operations diluted (in dollars per share)	0.29	2.54	3.11
Diluted Earnings Per Share	7.55	-12.63	10.18