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Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Consolidated Statement of Income      
Net sales $ 32,136 $ 32,765 $ 31,657
Operating expenses      
Cost of sales 17,136 16,682 16,055
Selling, general and administrative expenses 7,029 7,602 6,626
Research, development and related expenses 1,911 1,821 1,870
Gain on sale of businesses (114) (547) (586)
Total operating expenses 25,962 25,558 23,965
Operating income 6,174 7,207 7,692
Interest expense and income      
Other expense (income), net 462 207 144
Income before income taxes 5,712 7,000 7,548
Provision for income taxes 1,130 1,637 2,679
Net income including noncontrolling interest 4,582 5,363 4,869
Less: Net income attributable to noncontrolling interest 12 14 11
Net income attributable to 3M $ 4,570 $ 5,349 $ 4,858
Weighted average 3M common shares outstanding - basic (in shares) 577.0 588.5 597.5
Earnings per share attributable to 3M common shareholders - basic (in dollars per share) $ 7.92 $ 9.09 $ 8.13
Weighted average 3M common shares outstanding - diluted (in shares) 585.1 602.0 612.7
Earnings per share attributable to 3M common shareholders - diluted (in dollars per share) $ 7.81 $ 8.89 $ 7.93