Supplemental Equity and Comprehensive Income Information (Tables)

12 Months Ended

Dec. 31, 2014

Supplemental Equity and Comprehensive Income Information

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

Changes in Accumulated Other Comprehensive Income (Loss) Attributable to 3M by Component
(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, 2011, net of tax		$	114	$	(5,155)	$	(6)	$	22	$	(5,025)
Other comprehensive income (loss),
	before tax:
	Amounts before reclassifications		133		(204)		6		3		(62)
	Amounts reclassified out		―		615		―		(72)		543
Total other comprehensive income (loss),
	before tax		133		411		6		(69)		481
Tax effect			(17)		(211)		(2)		24		(206)
Total other comprehensive income (loss),
	net of tax		116		200		4		(45)		275
Balance at December 31, 2012, net of tax		$	230	$	(4,955)	$	(2)	$	(23)	$	(4,750)

Other comprehensive income (loss),
	before tax:
	Amounts before reclassifications		(462)		1,361		―		(98)		801
	Amounts reclassified out		―		569		―		122		691
Total other comprehensive income (loss),
	before tax		(462)		1,930		―		24		1,492
Tax effect			44		(690)		―		(9)		(655)
Total other comprehensive income (loss),
	net of tax		(418)		1,240		―		15		837
Balance at December 31, 2013, net of tax		$	(188)	$	(3,715)	$	(2)	$	(8)	$	(3,913)

Other comprehensive income (loss),
	before tax:
	Amounts before reclassifications		(856)		(2,638)		2		171		(3,321)
	Amounts reclassified out		―		360		1		(4)		357
Total other comprehensive income (loss),
	before tax		(856)		(2,278)		3		167		(2,964)
Tax effect			(92)		716		(1)		(60)		563
Total other comprehensive income (loss),
	net of tax		(948)		(1,562)		2		107		(2,401)
Impact from purchase of subsidiary shares			41		(16)		―		―		25
Balance at December 31, 2014, net of tax		$	(1,095)	$	(5,293)	$	―	$	99	$	(6,289)

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		Year ended December 31, 2014		Year ended December 31, 2013		Year ended December 31, 2012
Gains (losses) associated with, defined benefit pension and postretirement plans amortization
	Transition asset	$	1	$	1	$	1	See Note 10
	Prior service benefit		59		77		84	See Note 10
	Net actuarial loss		(420)		(647)		(700)	See Note 10
Total before tax			(360)		(569)		(615)
Tax effect			122		197		219	Provision for income taxes
Net of tax		$	(238)	$	(372)	$	(396)
Debt and equity security gains (losses)
	Sales or impairments of securities	$	(1)	$	―	$	―	Selling, general and administrative expenses
Total before tax			(1)		―		―
Tax effect			―		―		―	Provision for income taxes
Net of tax		$	(1)	$	―	$	―
Cash flow hedging instruments gains (losses)
	Foreign currency forward/option contracts	$	3	$	(11)	$	41	Cost of sales
	Foreign currency forward contracts		―		(108)		42	Interest expense
	Commodity price swap contracts		2		(2)		(10)	Cost of sales
	Interest rate swap contracts		(1)		(1)		(1)	Interest expense
Total before tax			4		(122)		72
Tax effect			(1)		45		(26)	Provision for income taxes
Net of tax		$	3	$	(77)	$	46
Total reclassifications for the period, net of tax		$	(236)	$	(449)	$	(350)

Effect of purchase of subsidiary shares on equity attributable to 3M Company shareholders

(Millions)		Year ended December 31, 2014
Net income attributable to 3M		$	4,956
Impact of purchase of subsidiary shares			(409)
Change in 3M Company shareholders’ equity from net income attributable to 3M and
	impact of purchase of subsidiary shares	$	4,547