3M COMPANY MMM Income Statement

3m company (MMM)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Net sales
32,348	32,136	31,970	32,131	32,350	32,765	32,810	32,830	32,250	31,657	30,996	30,533	30,385	30,109	30,078	30,081	30,105	30,274	30,695	31,120	31,568	31,821	31,671	31,450	31,068	30,871	30,689	30,270	30,052	29,904	29,606	29,640	29,786	29,611	29,231	28,574	27,625	26,662	26,075	25,394	24,382	23,123	23,559	24,105	0	0	0
Operating expenses
Cost of sales
16,935	17,136	16,871	16,842	16,756	16,682	16,716	16,616	16,409	16,055	15,755	15,543	15,322	15,118	15,119	15,149	15,208	15,351	15,583	15,911	16,237	16,447	16,396	16,339	16,168	16,106	16,121	15,908	15,765	15,685	15,518	15,610	15,780	15,693	15,444	15,000	14,395	13,831	13,445	13,033	12,575	12,109	12,352	12,691	0	0	0
Selling, general and administrative expenses
6,849	7,029	6,771	6,863	6,977	7,602	7,675	7,765	7,585	6,626	6,598	6,492	6,432	6,311	6,173	6,172	6,162	6,233	6,238	6,305	6,401	6,469	6,451	6,463	6,427	6,384	6,343	6,221	6,139	6,102	6,089	6,136	6,189	6,170	6,093	5,920	5,689	5,479	5,299	5,147	5,039	4,907	4,911	5,096	0	0	0
Research, development and related expenses
1,971	1,911	1,827	1,814	1,812	1,821	1,832	1,870	1,880	1,870	1,872	1,831	1,790	1,764	1,741	1,743	1,744	1,757	1,766	1,771	1,781	1,770	1,772	1,758	1,737	1,715	1,695	1,672	1,653	1,634	1,595	1,587	1,583	1,570	1,579	1,544	1,490	1,434	1,372	1,353	1,312	1,293	1,311	1,339	0	0	0
Gain on sale of businesses
108	114	131	25	531	547	626	626	581	586	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from sale of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Total operating expenses
25,647	25,962	25,338	25,494	25,014	25,558	25,597	25,625	25,293	23,965	23,624	23,265	23,404	23,082	22,986	23,017	23,067	23,294	23,587	23,987	24,419	24,686	24,619	24,560	24,332	24,205	24,159	23,801	23,557	23,421	23,202	23,333	23,552	23,433	23,116	22,464	21,574	20,744	20,116	19,533	18,926	18,309	18,574	19,149	0	0	0
Operating income
6,701	6,174	6,632	6,637	7,336	7,207	7,213	7,205	6,957	7,692	7,372	7,268	6,981	7,027	7,092	7,064	7,038	6,980	7,108	7,133	7,149	7,135	7,052	6,890	6,736	6,666	6,530	6,469	6,495	6,483	6,404	6,307	6,234	6,178	6,115	6,110	6,051	5,918	5,959	5,861	5,456	4,814	4,985	4,956	0	0	0
Interest expense and income
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	180	168	165	-	136	126	136	142	142	147	143	145	157	168	170	171	172	176	183	186	191	194	196	201	205	209	212	219	217	213	0	0	0
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	26	26	28	33	36	39	40	41	40	40	40	39	39	39	38	39	40	41	42	38	38	35	32	37	54	64	0	0	0
Other expense (income), net
-510	-462	-412	-418	-213	-207	-261	-221	-181	-144	114	83	63	26	-186	-175	-172	-157	-110	-100	-108	-109	-106	-108	-103	-104	-117	-128	-130	-132	-133	-137	-145	-147	-151	-153	-154	-163	-167	-174	-180	-182	-163	-149	0	0	0
Income before income taxes
6,191	5,712	6,220	6,219	7,123	7,000	6,952	6,984	6,776	7,548	7,486	7,351	7,044	7,053	6,906	6,889	6,866	6,823	6,998	7,033	7,041	7,026	6,946	6,782	6,633	6,562	6,413	6,341	6,365	6,351	6,271	6,170	6,089	6,031	5,964	5,957	5,897	5,755	5,792	5,687	5,276	4,632	4,822	4,807	0	0	0
Provision for income taxes
1,208	1,130	1,259	1,300	1,473	1,637	2,413	2,558	2,627	2,679	1,986	1,953	1,938	1,995	1,965	1,981	1,948	1,982	2,017	2,039	2,067	2,028	2,011	1,913	1,834	1,841	1,804	1,797	1,848	1,840	1,790	1,766	1,694	1,674	1,638	1,609	1,586	1,592	1,621	1,670	1,607	1,388	1,519	1,512	0	0	0
Net income including noncontrolling interest
4,983	4,582	4,961	4,919	5,650	5,363	4,539	4,426	4,149	4,869	5,500	5,398	5,106	5,058	4,941	4,908	4,918	4,841	4,981	4,994	4,974	4,998	4,935	4,869	4,799	4,721	4,609	4,544	4,517	4,511	4,481	4,404	4,395	4,357	4,326	4,348	4,311	4,163	4,171	4,017	3,669	3,244	3,303	3,295	0	0	0
Less: Net income attributable to noncontrolling interest
12	12	13	11	12	14	14	15	12	11	10	8	8	8	8	8	9	8	7	13	26	42	55	62	62	62	62	66	69	67	74	70	68	74	69	73	75	78	79	74	64	51	54	58	0	0	0
Net income attributable to 3M
4,971	4,570	4,948	4,908	5,638	5,349	4,525	4,411	4,137	4,858	5,490	5,390	5,098	5,050	4,933	4,900	4,909	4,833	4,974	4,981	4,948	4,956	4,880	4,807	4,737	4,659	4,547	4,478	4,448	4,444	4,407	4,334	4,327	4,283	4,257	4,275	4,236	4,085	4,092	3,943	3,605	3,193	3,249	3,237	0	0	0
Weighted average 3M common shares outstanding - basic (in shares)
576	576	576	577	577	580	585	591	596	596	597	598	598	600	604	606	607	614	620	631	636	638	645	652	661	668	679	688	691	691	693	694	696	701	707	713	711	714	714	714	711	708	702	696	693	695	702
Earnings per share attributable to 3M common shareholders - basic (in dollars per share)
2.24	1.68	2.75	1.95	1.54	2.30	2.64	3.14	1.01	0.88	2.39	2.65	2.21	1.92	2.20	2.13	2.10	1.69	2.09	2.06	1.88	1.84	2.02	1.94	1.83	1.65	1.81	1.74	1.63	1.43	1.68	1.68	1.61	1.36	1.54	1.63	1.52	1.29	1.55	1.57	1.31	1.33	1.36	1.12	0.75	1.43	1.35
Weighted average 3M common shares outstanding - diluted (in shares)
581	582	583	586	588	592	598	604	612	613	612	612	612	613	618	620	621	625	631	643	649	651	657	664	674	681	691	699	702	701	703	702	706	707	715	726	726	727	725	725	723	719	710	700	695	703	712
Earnings per share attributable to 3M common shareholders - diluted (in dollars per share)
2.22	1.66	2.72	1.92	1.51	2.26	2.58	3.07	0.98	0.86	2.33	2.58	2.16	1.88	2.15	2.08	2.05	1.66	2.05	2.02	1.85	1.81	1.98	1.91	1.79	1.62	1.78	1.71	1.61	1.42	1.65	1.66	1.59	1.35	1.52	1.60	1.49	1.27	1.53	1.54	1.29	1.31	1.35	1.12	0.74	1.41	1.33
Cash dividends paid per 3M common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	1.17	1.17	1.17	-	1.11	1.11	1.11	1.02	1.02	1.02	1.02	0.85	0.85	0.85	0.85	0.63	0.63	0.63	0.63	0.59	0.59	0.59	0.59	0.55	0.55	0.55	0.55	0.52	0.52	0.52	0.52	0.51	0.51	0.51	0.51	0.50	0.50