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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Earnings per share

Earnings Per Share Computations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Amounts in millions, except per share amounts)

    

 

2015

    

2014

    

2013

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to 3M

 

 

$

4,833

 

$

4,956

 

$

4,659

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Denominator for weighted average 3M common shares outstanding — basic

 

 

 

625.6

 

 

649.2

 

 

681.9

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilution associated with the Company’s stock-based compensation plans

 

 

 

11.6

 

 

12.8

 

 

11.7

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for weighted average 3M common shares outstanding — diluted

 

 

 

637.2

 

 

662.0

 

 

693.6

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to 3M common shareholders — basic

 

 

$

7.72

 

$

7.63

 

$

6.83

 

Earnings per share attributable to 3M common shareholders — diluted

 

 

$

7.58

 

$

7.49

 

$

6.72

 

 

Change in accounting principle marketable securities  
Impact on previously reported values after accounting change

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

(Millions)

    

Previously Reported

    

Impact

    

As Adjusted

 

Marketable securities - current

 

$

626

 

$

813

 

$

1,439

 

Marketable securities - non-current

 

 

828

 

 

(813)

 

 

15

 

Total marketable securities

 

$

1,454

 

$

 —

 

$

1,454

 

 

Deferred tax assets and deferred tax liabilities impact on accounting change adoption  
Impact on previously reported values after accounting change

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

(Millions)

    

Previously Reported

    

Impact

    

As Adopted

 

Prepaid expenses and other (within other current assets)

 

$

595

 

$

169

 

$

764

 

Other current tax assets (within other current assets)

 

 

444

 

 

(444)

 

 

 —

 

Deferred tax assets (within other assets)

 

 

889

 

 

241

 

 

1,130

 

Deferred tax liabilities (within other current liabilities)

 

 

34

 

 

(34)

 

 

 —