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Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Consolidated Statement of Income    
Net sales $ 7,409 $ 7,578
Operating expenses    
Cost of sales 3,678 3,821
Selling, general and administrative expenses 1,493 1,564
Research, development and related expenses 450 463
Total operating expenses 5,621 5,848
Operating income 1,788 1,730
Interest expense and income    
Interest expense 47 31
Interest income (5) (4)
Total interest expense - net 42 27
Income before income taxes 1,746 1,703
Provision for income taxes 468 502
Net income including noncontrolling interest 1,278 1,201
Less: Net income attributable to noncontrolling interest 3 2
Net income attributable to 3M $ 1,275 $ 1,199
Weighted average 3M common shares outstanding - basic (in shares) 607.4 636.2
Earnings per share attributable to 3M common shareholders - basic (in dollars per share) $ 2.10 $ 1.88
Weighted average 3M common shares outstanding - diluted (in shares) 621.3 649.2
Earnings per share attributable to 3M common shareholders - diluted (in dollars per share) $ 2.05 $ 1.85
Cash dividends paid per 3M common share (in dollars per share) $ 1.11 $ 1.025