Supplemental Equity and Comprehensive Income Information (Tables)

3 Months Ended

Mar. 31, 2014

Supplemental Equity and Comprehensive Income Information

Consolidated Statement of Changes in Equity

Three months ended March 31, 2014				3M Company Shareholders
(Millions)		Total		Common Stock and Additional Paid-in Capital		Retained Earnings		Treasury Stock		Accumulated Other Comprehen-sive Income (Loss)		Non-controlling Interest
Balance at December 31, 2013		$	17,948	$	4,384	$	32,416	$	(15,385)	$	(3,913)	$	446
Net income			1,225				1,207						18
Other comprehensive income (loss), net of tax:
Cumulative translation adjustment			20								8		12
Defined benefit pension and post-retirement
	plans adjustment		61								61		―
Debt and equity securities - unrealized gain (loss)			1								1		―
Cash flow hedging instruments - unrealized
	gain (loss)		2								2		―
Total other comprehensive income (loss), net
	of tax		84
Dividends declared			1				1
Stock-based compensation, net of tax impacts			170		170
Reacquired stock			(1,773)						(1,773)
Issuances pursuant to stock option and
	benefit plans		269				(312)		581
Balance at March 31, 2014		$	17,924	$	4,554	$	33,312	$	(16,577)	$	(3,841)	$	476

Three months ended March 31, 2013				3M Company Shareholders
(Millions)		Total		Common Stock and Additional Paid-in Capital		Retained Earnings		Treasury Stock		Accumulated Other Comprehen-sive Income (Loss)		Non-controlling Interest
Balance at December 31, 2012		$	18,040	$	4,053	$	30,679	$	(12,407)	$	(4,750)	$	465
Net income			1,147				1,129						18
Other comprehensive income (loss), net of tax:
Cumulative translation adjustment			(398)								(360)		(38)
Defined benefit pension and post-retirement
	plans adjustment		85								85		―
Debt and equity securities - unrealized gain (loss)			―								―		―
Cash flow hedging instruments - unrealized
	gain (loss)		24								24		―
Total other comprehensive income (loss), net
	of tax		(289)
Dividends declared			(440)				(440)
Sale of subsidiary shares			8		7								1
Stock-based compensation, net of tax impacts			128		128
Reacquired stock			(807)						(807)
Issuances pursuant to stock option and
	benefit plans		741				(295)		1,036
Balance at March 31, 2013		$	18,528	$	4,188	$	31,073	$	(12,178)	$	(5,001)	$	446

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

Changes in Accumulated Other Comprehensive Income (Loss) Attributable to 3M by Component
Three months ended March 31, 2014
(Millions)		Cumulative Translation Adjustment		Defined Benefit Pension and Postretirement Plans Adjustment		Debt and Equity Securities, Unrealized Gain (Loss)		Cash Flow Hedging Instruments, Unrealized Gain (Loss)		Total Accumulated Other Comprehen-sive Income (Loss)
Balance at December 31, 2013, net of tax		$	(188)	$	(3,715)	$	(2)	$	(8)	$	(3,913)
Other comprehensive income (loss),
	before tax:
	Amounts before reclassifications		5		―		2		9		16
	Amounts reclassified out		―		91		―		(6)		85
Total other comprehensive income (loss),
	before tax		5		91		2		3		101
Tax effect			3		(30)		(1)		(1)		(29)
Total other comprehensive income (loss),
	net of tax		8		61		1		2		72
Balance at March 31, 2014, net of tax		$	(180)	$	(3,654)	$	(1)	$	(6)	$	(3,841)
Three months ended March 31, 2013
(Millions)		Cumulative Translation Adjustment		Defined Benefit Pension and Postretirement Plans Adjustment		Debt and Equity Securities, Unrealized Gain (Loss)		Cash Flow Hedging Instruments, Unrealized Gain (Loss)		Total Accumulated Other Comprehen-sive Income (Loss)
Balance at December 31, 2012, net of tax		$	230	$	(4,955)	$	(2)	$	(23)	$	(4,750)
Other comprehensive income (loss),
	before tax:
	Amounts before reclassifications		(324)		―		―		(35)		(359)
	Amounts reclassified out		―		143		―		73		216
Total other comprehensive income (loss),
	before tax		(324)		143		―		38		(143)
Tax effect			(36)		(58)		―		(14)		(108)
Total other comprehensive income (loss),
	net of tax		(360)		85		―		24		(251)
Balance at March 31, 2013, net of tax		$	(130)	$	(4,870)	$	(2)	$	1	$	(5,001)

Reclassifications Out of Accumulated Other Comprehensive Income

Reclassifications out of Accumulated Other Comprehensive Income Attributable to 3M
			Amount Reclassified from
(Millions)			Accumulated Other Comprehensive Income			Location on Income Statement
Details about Accumulated Other Comprehensive Income Components		Three months ended March 31, 2014		Three months ended March 31, 2013
Gains (losses) associated with, defined benefit pension and postretirement plans amortization
	Transition asset	$	―	$	1	See Note 7
	Prior service benefit		15		20	See Note 7
	Net actuarial loss		(106)		(164)	See Note 7
Total before tax			(91)		(143)
Tax effect			30		58	Provision for income taxes
Net of tax		$	(61)	$	(85)
Debt and equity security gains (losses)
	Sales or impairments of securities	$	―	$	―	Selling, general and administrative expenses
Total before tax			―		―
Tax effect			―		―	Provision for income taxes
Net of tax		$	―	$	―
Cash flow hedging instruments gains (losses)
	Foreign currency forward/option contracts	$	4	$	(6)	Cost of sales
	Foreign currency forward contracts		―		(66)	Interest expense
	Commodity price swap contracts		2		(1)	Cost of sales
Total before tax			6		(73)
Tax effect			(2)		26	Provision for income taxes
Net of tax		$	4	$	(47)
Total reclassifications for the period, net of tax		$	(57)	$	(132)