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Consolidated Statement of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Net sales $ 30,871 $ 29,904 $ 29,611
Operating expenses      
Cost of sales 16,106 15,685 15,693
Selling, general and administrative expenses 6,384 6,102 6,170
Research, development and related expenses 1,715 1,634 1,570
Total operating expenses 24,205 23,421 23,433
Operating income 6,666 6,483 6,178
Interest expense and income      
Interest expense 145 171 186
Interest income (41) (39) (39)
Total interest expense - net 104 132 147
Income before income taxes 6,562 6,351 6,031
Provision for income taxes 1,841 1,840 1,674
Net income including noncontrolling interest 4,721 4,511 4,357
Less: Net income attributable to noncontrolling interest 62 67 74
Net income attributable to 3M $ 4,659 $ 4,444 $ 4,283
Weighted average 3M common shares outstanding - basic (in shares) 681.9 693.9 708.5
Earnings per share attributable to 3M common shareholders - basic (in dollars per share) $ 6.83 $ 6.40 $ 6.05
Weighted average 3M common shares outstanding - diluted (in shares) 693.6 703.3 719.0
Earnings per share attributable to 3M common shareholders - diluted (in dollars per share) $ 6.72 $ 6.32 $ 5.96
Cash dividends paid per 3M common share (in dollars per share) $ 2.54 $ 2.36 $ 2.20