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Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Consolidated Statement of Income    
Net sales $ 8,278 $ 7,685
Operating expenses    
Cost of sales 4,236 3,882
Selling, general and administrative expenses 2,573 1,614
Research, development and related expenses 486 476
Gain on sale of businesses (24) (29)
Total operating expenses 7,271 5,943
Operating income 1,007 1,742
Interest expense and income    
Other expense (income), net 42 5
Income before income taxes 965 1,737
Provision for income taxes 359 411
Net income including noncontrolling interest 606 1,326
Less: Net income attributable to noncontrolling interest 4 3
Net income attributable to 3M $ 602 $ 1,323
Weighted average 3M common shares outstanding - basic (in shares) 596.2 598.1
Earnings per share attributable to 3M common shareholders - basic (in dollars per share) $ 1.01 $ 2.21
Weighted average 3M common shares outstanding - diluted (in shares) 612.7 612.0
Earnings per share attributable to 3M common shareholders - diluted (in dollars per share) $ 0.98 $ 2.16
Cash dividends paid per 3M common share (in dollars per share) $ 1.36 $ 1.175