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Consolidated Statement of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Net sales $ 7,634 $ 7,486
Operating expenses    
Cost of sales 3,969 3,889
Selling, general and administrative expenses 1,589 1,552
Research, development and related expenses 430 411
Total operating expenses 5,988 5,852
Operating income 1,646 1,634
Interest expense and income    
Interest expense 39 40
Interest income (10) (9)
Total interest expense - net 29 31
Income before income taxes 1,617 1,603
Tax effect 470 462
Net income including noncontrolling interest 1,147 1,141
Less: Net income attributable to noncontrolling interest 18 16
Net income attributable to 3M $ 1,129 $ 1,125
Weighted average 3M common shares outstanding - basic (in shares) 691.1 696.8
Earnings per share attributable to 3M common shareholders - basic (in dollars per share) $ 1.63 $ 1.61
Weighted average 3M common shares outstanding - diluted (in shares) 702.1 706.1
Earnings per share attributable to 3M common shareholders - diluted (in dollars per share) $ 1.61 $ 1.59
Cash dividends paid per 3M common share (in dollars per share) $ 0.635 $ 0.59