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Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Consolidated Statement of Income    
Net sales $ 7,863 $ 8,278
Operating expenses    
Cost of sales 4,310 4,236
Selling, general and administrative expenses 1,948 2,573
Research, development and related expenses 477 486
Gain on sale of businesses (8) (24)
Total operating expenses 6,727 7,271
Operating income 1,136 1,007
Interest expense and income    
Other expense (income), net 48 42
Income before income taxes 1,088 965
Provision for income taxes 195 359
Net income including noncontrolling interest 893 606
Less: Net income attributable to noncontrolling interest 2 4
Net income attributable to 3M $ 891 $ 602
Weighted average 3M common shares outstanding - basic (in shares) 577.5 596.2
Earnings per share attributable to 3M common shareholders - basic (in dollars per share) $ 1.54 $ 1.01
Weighted average 3M common shares outstanding - diluted (in shares) 588.5 612.7
Earnings per share attributable to 3M common shareholders - diluted (in dollars per share) $ 1.51 $ 0.98