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Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Consolidated Statement of Income        
Net sales $ 8,350 $ 7,991 $ 23,601 $ 24,025
Operating expenses        
Cost of sales 4,303 4,188 12,217 12,811
Selling, general and administrative expenses 1,677 1,455 5,039 5,089
Research, development and related expenses 461 443 1,422 1,390
Gain on sale of businesses   (106) (389) (114)
Total operating expenses 6,441 5,980 18,289 19,176
Operating income 1,909 2,011 5,312 4,849
Interest expense and income        
Other expense (income), net 104 45 311 349
Income before income taxes 1,805 1,966 5,001 4,500
Provision for income taxes 387 378 1,002 888
Income of consolidated group 1,418 1,588 3,999 3,612
Income (loss) from unconsolidated subsidiaries, net of taxes (1)   (1)  
Net income including noncontrolling interest 1,417 1,588 3,998 3,612
Less: Net income (loss) attributable to noncontrolling interest 4 5 3 11
Net income attributable to 3M $ 1,413 $ 1,583 $ 3,995 $ 3,601
Weighted average 3M common shares outstanding - basic (in shares) 577.8 576.5 577.2 577.2
Earnings per share attributable to 3M common shareholders - basic (in dollars per share) $ 2.45 $ 2.75 $ 6.92 $ 6.24
Weighted average 3M common shares outstanding - diluted (in shares) 582.4 583.0 581.6 585.9
Earnings per share attributable to 3M common shareholders - diluted (in dollars per share) $ 2.43 $ 2.72 $ 6.87 $ 6.15