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Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Consolidated Statement of Income      
Net sales $ 30,109 $ 30,274 $ 31,821
Operating expenses      
Cost of sales 15,040 15,383 16,447
Selling, general and administrative expenses 6,111 6,182 6,469
Research, development and related expenses 1,735 1,763 1,770
Total operating expenses 22,886 23,328 24,686
Operating income 7,223 6,946 7,135
Interest expense and income      
Interest expense 199 149 142
Interest income (29) (26) (33)
Total interest expense - net 170 123 109
Income before income taxes 7,053 6,823 7,026
Provision for income taxes 1,995 1,982 2,028
Net income including noncontrolling interest 5,058 4,841 4,998
Less: Net income attributable to noncontrolling interest 8 8 42
Net income attributable to 3M $ 5,050 $ 4,833 $ 4,956
Weighted average 3M common shares outstanding - basic (in shares) 604.7 625.6 649.2
Earnings per share attributable to 3M common shareholders - basic (in dollars per share) $ 8.35 $ 7.72 $ 7.63
Weighted average 3M common shares outstanding - diluted (in shares) 618.7 637.2 662.0
Earnings per share attributable to 3M common shareholders - diluted (in dollars per share) $ 8.16 $ 7.58 $ 7.49
Cash dividends paid per 3M common share (in dollars per share) $ 4.44 $ 4.10 $ 3.42