3M第二季淨利增29% 每股賺1.78美元 完成收購Madison Fire與出售業務

mmm-202606300000066740FALSE--12-312026NYSETXCommon Stock, Par Value $.01 Per ShareQ2http://fasb.org/us-gaap/2026#OtherAssetsNoncurrenthttp://fasb.org/us-gaap/2026#OtherAssetsNoncurrenthttp://fasb.org/us-gaap/2026#OtherLiabilitiesCurrenthttp://fasb.org/us-gaap/2026#OtherLiabilitiesCurrenthttp://fasb.org/us-gaap/2026#OtherLiabilitiesNoncurrenthttp://fasb.org/us-gaap/2026#OtherLiabilitiesNoncurrentxbrli:sharesiso4217:USDiso4217:USDxbrli:sharesxbrli:pureiso4217:EURmmm:lawsuitmmm:plaintiffmmm:claimmmm:casemmm:actionmmm:facilitymmm:defendantutr:acremmm:suppliermmm:perfluorinated_materialmmm:locationutr:mimmm:partymmm:companymmm:citymmm:chemicalmmm:categorymmm:decademmm:respiratormmm:citationmmm:segment00000667402026-01-012026-06-300000066740exch:XCHIus-gaap:CommonStockMember2026-01-012026-06-300000066740exch:XNYSus-gaap:CommonStockMember2026-01-012026-06-300000066740exch:XCHI2026-01-012026-06-300000066740exch:XNYSmmm:Notes1500PercentDue2026Member2026-01-012026-06-300000066740exch:XNYSmmm:Notes1750PercentDue2030Member2026-01-012026-06-300000066740exch:XNYSmmm:Notes1.500PercentDue2031Member2026-01-012026-06-3000000667402026-06-3000000667402026-04-012026-06-3000000667402025-04-012025-06-3000000667402025-01-012025-06-3000000667402025-12-3100000667402024-12-3100000667402025-06-300000066740mmm:AbrasivesMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:AbrasivesMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:AbrasivesMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:AbrasivesMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740mmm:AutomotiveAftermarketMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:AutomotiveAftermarketMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:AutomotiveAftermarketMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:AutomotiveAftermarketMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740mmm:ElectricalMarketsMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:ElectricalMarketsMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:ElectricalMarketsMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:ElectricalMarketsMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740mmm:IndustrialAdhesivesAndTapesMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:IndustrialAdhesivesAndTapesMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:IndustrialAdhesivesAndTapesMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:IndustrialAdhesivesAndTapesMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740mmm:IndustrialSpecialtiesDivisionMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:IndustrialSpecialtiesDivisionMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:IndustrialSpecialtiesDivisionMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:IndustrialSpecialtiesDivisionMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740mmm:PersonalSafetyMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:PersonalSafetyMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:PersonalSafetyMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:PersonalSafetyMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740mmm:RoofingGranulesMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:RoofingGranulesMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:RoofingGranulesMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:RoofingGranulesMembermmm:SafetyAndIndustrialSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740us-gaap:OperatingSegmentsMembermmm:SafetyAndIndustrialSegmentMember2026-04-012026-06-300000066740us-gaap:OperatingSegmentsMembermmm:SafetyAndIndustrialSegmentMember2025-04-012025-06-300000066740us-gaap:OperatingSegmentsMembermmm:SafetyAndIndustrialSegmentMember2026-01-012026-06-300000066740us-gaap:OperatingSegmentsMembermmm:SafetyAndIndustrialSegmentMember2025-01-012025-06-300000066740mmm:AdvancedMaterialsMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:AdvancedMaterialsMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:AdvancedMaterialsMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:AdvancedMaterialsMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740mmm:AutomotiveAndAerospaceMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:AutomotiveAndAerospaceMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:AutomotiveAndAerospaceMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:AutomotiveAndAerospaceMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740mmm:CommercialBrandingAndTransportationMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:CommercialBrandingAndTransportationMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:CommercialBrandingAndTransportationMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:CommercialBrandingAndTransportationMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740mmm:ElectronicsMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:ElectronicsMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:ElectronicsMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:ElectronicsMembermmm:TransportationAndElectronicsSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740us-gaap:OperatingSegmentsMembermmm:TransportationAndElectronicsSegmentMember2026-04-012026-06-300000066740us-gaap:OperatingSegmentsMembermmm:TransportationAndElectronicsSegmentMember2025-04-012025-06-300000066740us-gaap:OperatingSegmentsMembermmm:TransportationAndElectronicsSegmentMember2026-01-012026-06-300000066740us-gaap:OperatingSegmentsMembermmm:TransportationAndElectronicsSegmentMember2025-01-012025-06-300000066740mmm:ConsumerSafetyAndWellBeingMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:ConsumerSafetyAndWellBeingMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:ConsumerSafetyAndWellBeingMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:ConsumerSafetyAndWellBeingMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740mmm:HomeAndAutoCareMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:HomeAndAutoCareMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:HomeAndAutoCareMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:HomeAndAutoCareMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740mmm:HomeImprovementMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:HomeImprovementMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:HomeImprovementMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:HomeImprovementMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740mmm:PackagingAndExpressionMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740mmm:PackagingAndExpressionMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740mmm:PackagingAndExpressionMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740mmm:PackagingAndExpressionMembermmm:ConsumerSegmentMemberus-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740us-gaap:OperatingSegmentsMembermmm:ConsumerSegmentMember2026-04-012026-06-300000066740us-gaap:OperatingSegmentsMembermmm:ConsumerSegmentMember2025-04-012025-06-300000066740us-gaap:OperatingSegmentsMembermmm:ConsumerSegmentMember2026-01-012026-06-300000066740us-gaap:OperatingSegmentsMembermmm:ConsumerSegmentMember2025-01-012025-06-300000066740us-gaap:CorporateNonSegmentMember2026-04-012026-06-300000066740us-gaap:CorporateNonSegmentMember2025-04-012025-06-300000066740us-gaap:CorporateNonSegmentMember2026-01-012026-06-300000066740us-gaap:CorporateNonSegmentMember2025-01-012025-06-300000066740srt:AmericasMember2026-04-012026-06-300000066740srt:AmericasMember2025-04-012025-06-300000066740srt:AmericasMember2026-01-012026-06-300000066740srt:AmericasMember2025-01-012025-06-300000066740srt:AsiaPacificMember2026-04-012026-06-300000066740srt:AsiaPacificMember2025-04-012025-06-300000066740srt:AsiaPacificMember2026-01-012026-06-300000066740srt:AsiaPacificMember2025-01-012025-06-300000066740us-gaap:EMEAMember2026-04-012026-06-300000066740us-gaap:EMEAMember2025-04-012025-06-300000066740us-gaap:EMEAMember2026-01-012026-06-300000066740us-gaap:EMEAMember2025-01-012025-06-300000066740country:US2026-04-012026-06-300000066740country:US2025-04-012025-06-300000066740country:US2026-01-012026-06-300000066740country:US2025-01-012025-06-300000066740mmm:ChinaAndHongKongMember2026-04-012026-06-300000066740mmm:ChinaAndHongKongMember2025-04-012025-06-300000066740mmm:ChinaAndHongKongMember2026-01-012026-06-300000066740mmm:ChinaAndHongKongMember2025-01-012025-06-300000066740us-gaap:SubsequentEventMembermmm:MadisonFireRescueMember2026-07-012026-07-210000066740us-gaap:SubsequentEventMembermmm:MadisonFireRescueMember2026-07-210000066740srt:ScenarioForecastMember2026-07-012026-09-300000066740us-gaap:SubsequentEventMembermmm:MadisonFireRescueMembermmm:BainCapitalMember2026-07-012026-07-210000066740us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember2025-01-012025-12-310000066740us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember2026-04-012026-06-300000066740us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember2025-12-310000066740us-gaap:OperatingSegmentsMembermmm:SafetyAndIndustrialSegmentMember2025-12-310000066740us-gaap:OperatingSegmentsMembermmm:TransportationAndElectronicsSegmentMember2025-12-310000066740us-gaap:OperatingSegmentsMembermmm:ConsumerSegmentMember2025-12-310000066740us-gaap:CorporateNonSegmentMember2025-12-310000066740us-gaap:OperatingSegmentsMembermmm:SafetyAndIndustrialSegmentMember2026-06-300000066740us-gaap:OperatingSegmentsMembermmm:TransportationAndElectronicsSegmentMember2026-06-300000066740us-gaap:OperatingSegmentsMembermmm:ConsumerSegmentMember2026-06-300000066740us-gaap:CorporateNonSegmentMember2026-06-300000066740us-gaap:CustomerRelatedIntangibleAssetsMember2026-06-300000066740us-gaap:CustomerRelatedIntangibleAssetsMember2025-12-310000066740us-gaap:PatentedTechnologyMember2026-06-300000066740us-gaap:PatentedTechnologyMember2025-12-310000066740us-gaap:TrademarksAndTradeNamesMember2026-06-300000066740us-gaap:TrademarksAndTradeNamesMember2025-12-310000066740us-gaap:OtherIntangibleAssetsMember2026-06-300000066740us-gaap:OtherIntangibleAssetsMember2025-12-310000066740mmm:A20252026TransformationCostsMember2026-04-012026-06-300000066740mmm:A20252026TransformationCostsMember2026-01-012026-06-300000066740mmm:A20252026TransformationCostsMember2025-12-310000066740mmm:A20252026TransformationCostsMember2026-06-3000000667402025-01-012025-12-3100000667402026-01-012026-03-3100000667402025-01-012025-03-310000066740us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2026-03-310000066740us-gaap:RetainedEarningsMember2026-03-310000066740us-gaap:TreasuryStockCommonMember2026-03-310000066740us-gaap:AccumulatedOtherComprehensiveIncomeMember2026-03-310000066740us-gaap:NoncontrollingInterestMember2026-03-3100000667402026-03-310000066740us-gaap:RetainedEarningsMember2026-04-012026-06-300000066740us-gaap:NoncontrollingInterestMember2026-04-012026-06-300000066740us-gaap:AccumulatedOtherComprehensiveIncomeMember2026-04-012026-06-300000066740us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2026-04-012026-06-300000066740us-gaap:TreasuryStockCommonMember2026-04-012026-06-300000066740us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2026-06-300000066740us-gaap:RetainedEarningsMember2026-06-300000066740us-gaap:TreasuryStockCommonMember2026-06-300000066740us-gaap:AccumulatedOtherComprehensiveIncomeMember2026-06-300000066740us-gaap:NoncontrollingInterestMember2026-06-300000066740us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2025-03-310000066740us-gaap:RetainedEarningsMember2025-03-310000066740us-gaap:TreasuryStockCommonMember2025-03-310000066740us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-03-310000066740us-gaap:NoncontrollingInterestMember2025-03-3100000667402025-03-310000066740us-gaap:RetainedEarningsMember2025-04-012025-06-300000066740us-gaap:NoncontrollingInterestMember2025-04-012025-06-300000066740us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-04-012025-06-300000066740us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2025-04-012025-06-300000066740us-gaap:TreasuryStockCommonMember2025-04-012025-06-300000066740us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2025-06-300000066740us-gaap:RetainedEarningsMember2025-06-300000066740us-gaap:TreasuryStockCommonMember2025-06-300000066740us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-06-300000066740us-gaap:NoncontrollingInterestMember2025-06-300000066740us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2025-12-310000066740us-gaap:RetainedEarningsMember2025-12-310000066740us-gaap:TreasuryStockCommonMember2025-12-310000066740us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-12-310000066740us-gaap:NoncontrollingInterestMember2025-12-310000066740us-gaap:RetainedEarningsMember2026-01-012026-06-300000066740us-gaap:NoncontrollingInterestMember2026-01-012026-06-300000066740us-gaap:AccumulatedOtherComprehensiveIncomeMember2026-01-012026-06-300000066740us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2026-01-012026-06-300000066740us-gaap:TreasuryStockCommonMember2026-01-012026-06-300000066740us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2024-12-310000066740us-gaap:RetainedEarningsMember2024-12-310000066740us-gaap:TreasuryStockCommonMember2024-12-310000066740us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-12-310000066740us-gaap:NoncontrollingInterestMember2024-12-310000066740us-gaap:RetainedEarningsMember2025-01-012025-06-300000066740us-gaap:NoncontrollingInterestMember2025-01-012025-06-300000066740us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-01-012025-06-300000066740us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2025-01-012025-06-300000066740us-gaap:TreasuryStockCommonMember2025-01-012025-06-300000066740us-gaap:AccumulatedTranslationAdjustmentMember2026-03-310000066740us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2026-03-310000066740us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2026-03-310000066740us-gaap:AccumulatedTranslationAdjustmentMember2026-04-012026-06-300000066740us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2026-04-012026-06-300000066740us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2026-04-012026-06-300000066740us-gaap:AccumulatedTranslationAdjustmentMember2026-06-300000066740us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2026-06-300000066740us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2026-06-300000066740us-gaap:AccumulatedTranslationAdjustmentMember2025-03-310000066740us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2025-03-310000066740us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2025-03-310000066740us-gaap:AccumulatedTranslationAdjustmentMember2025-04-012025-06-300000066740us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2025-04-012025-06-300000066740us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2025-04-012025-06-300000066740us-gaap:AccumulatedTranslationAdjustmentMember2025-06-300000066740us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2025-06-300000066740us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2025-06-300000066740us-gaap:AccumulatedTranslationAdjustmentMember2025-12-310000066740us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2025-12-310000066740us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2025-12-310000066740us-gaap:AccumulatedTranslationAdjustmentMember2026-01-012026-06-300000066740us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2026-01-012026-06-300000066740us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2026-01-012026-06-300000066740us-gaap:AccumulatedTranslationAdjustmentMember2024-12-310000066740us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2024-12-310000066740us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2024-12-310000066740us-gaap:AccumulatedTranslationAdjustmentMember2025-01-012025-06-300000066740us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2025-01-012025-06-300000066740us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2025-01-012025-06-300000066740us-gaap:CommercialPaperMember2026-06-300000066740us-gaap:CommercialPaperMember2025-12-310000066740us-gaap:UnsecuredDebtMembermmm:UnsecuredTermLoanFacilityMember2026-04-300000066740us-gaap:LineOfCreditMembermmm:April2026RevolvingCreditFacilityMemberus-gaap:RevolvingCreditFacilityMember2026-04-300000066740us-gaap:UnsecuredDebtMembermmm:UnsecuredTermLoanFacilityMember2026-04-012026-04-300000066740us-gaap:UnsecuredDebtMemberus-gaap:SubsequentEventMembermmm:UnsecuredTermLoanFacilityMember2026-07-012026-07-210000066740country:USus-gaap:PensionPlansDefinedBenefitMember2026-04-012026-06-300000066740country:USus-gaap:PensionPlansDefinedBenefitMember2025-04-012025-06-300000066740us-gaap:ForeignPlanMemberus-gaap:PensionPlansDefinedBenefitMember2026-04-012026-06-300000066740us-gaap:ForeignPlanMemberus-gaap:PensionPlansDefinedBenefitMember2025-04-012025-06-300000066740us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2026-04-012026-06-300000066740us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2025-04-012025-06-300000066740country:USus-gaap:PensionPlansDefinedBenefitMember2026-01-012026-06-300000066740country:USus-gaap:PensionPlansDefinedBenefitMember2025-01-012025-06-300000066740us-gaap:ForeignPlanMemberus-gaap:PensionPlansDefinedBenefitMember2026-01-012026-06-300000066740us-gaap:ForeignPlanMemberus-gaap:PensionPlansDefinedBenefitMember2025-01-012025-06-300000066740us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2026-01-012026-06-300000066740us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2025-01-012025-06-300000066740us-gaap:PensionPlansDefinedBenefitMember2026-01-012026-06-300000066740mmm:ForeignCurrencyDenominatedDebtMemberus-gaap:NetInvestmentHedgingMember2026-06-300000066740us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMember2026-06-300000066740mmm:ForeignCurrencyDenominatedDebtMemberus-gaap:NetInvestmentHedgingMember2026-04-012026-06-300000066740mmm:ForeignCurrencyDenominatedDebtMemberus-gaap:NetInvestmentHedgingMember2025-04-012025-06-300000066740mmm:ForeignCurrencyDenominatedDebtMemberus-gaap:NetInvestmentHedgingMember2026-01-012026-06-300000066740mmm:ForeignCurrencyDenominatedDebtMemberus-gaap:NetInvestmentHedgingMember2025-01-012025-06-300000066740mmm:ForeignExchangeForwardAndCrossCurrencySwapsMemberus-gaap:NetInvestmentHedgingMember2026-04-012026-06-300000066740mmm:ForeignExchangeForwardAndCrossCurrencySwapsMemberus-gaap:NetInvestmentHedgingMember2025-04-012025-06-300000066740mmm:ForeignExchangeForwardAndCrossCurrencySwapsMemberus-gaap:NetInvestmentHedgingMember2026-01-012026-06-300000066740mmm:ForeignExchangeForwardAndCrossCurrencySwapsMemberus-gaap:NetInvestmentHedgingMember2025-01-012025-06-300000066740us-gaap:NetInvestmentHedgingMember2026-04-012026-06-300000066740us-gaap:NetInvestmentHedgingMember2025-04-012025-06-300000066740us-gaap:NetInvestmentHedgingMember2026-01-012026-06-300000066740us-gaap:NetInvestmentHedgingMember2025-01-012025-06-300000066740us-gaap:NondesignatedMemberus-gaap:CostOfRevenueus-gaap:ForeignExchangeContractMember2026-04-012026-06-300000066740us-gaap:NondesignatedMemberus-gaap:CostOfRevenueus-gaap:ForeignExchangeContractMember2025-04-012025-06-300000066740us-gaap:NondesignatedMemberus-gaap:CostOfRevenueus-gaap:ForeignExchangeContractMember2026-01-012026-06-300000066740us-gaap:NondesignatedMemberus-gaap:CostOfRevenueus-gaap:ForeignExchangeContractMember2025-01-012025-06-300000066740us-gaap:NondesignatedMemberus-gaap:NonoperatingIncomeExpenseus-gaap:ForeignExchangeContractMember2026-04-012026-06-300000066740us-gaap:NondesignatedMemberus-gaap:NonoperatingIncomeExpenseus-gaap:ForeignExchangeContractMember2025-04-012025-06-300000066740us-gaap:NondesignatedMemberus-gaap:NonoperatingIncomeExpenseus-gaap:ForeignExchangeContractMember2026-01-012026-06-300000066740us-gaap:NondesignatedMemberus-gaap:NonoperatingIncomeExpenseus-gaap:ForeignExchangeContractMember2025-01-012025-06-300000066740us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMember2026-06-300000066740us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMember2025-12-310000066740us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMember2026-06-300000066740us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMember2025-12-310000066740us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2026-06-300000066740us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000066740us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2026-06-300000066740us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2025-12-310000066740us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2026-06-300000066740us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2025-12-310000066740us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2026-06-300000066740us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2025-12-310000066740us-gaap:CommercialPaperMemberus-gaap:FairValueMeasurementsRecurringMember2026-06-300000066740us-gaap:CommercialPaperMemberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000066740us-gaap:CommercialPaperMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2026-06-300000066740us-gaap:CommercialPaperMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2025-12-310000066740us-gaap:CommercialPaperMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2026-06-300000066740us-gaap:CommercialPaperMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2025-12-310000066740us-gaap:CommercialPaperMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2026-06-300000066740us-gaap:CommercialPaperMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2025-12-310000066740us-gaap:USGovernmentDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2026-06-300000066740us-gaap:USGovernmentDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000066740us-gaap:USGovernmentDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2026-06-300000066740us-gaap:USGovernmentDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2025-12-310000066740us-gaap:USGovernmentDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2026-06-300000066740us-gaap:USGovernmentDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2025-12-310000066740us-gaap:USGovernmentDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2026-06-300000066740us-gaap:USGovernmentDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2025-12-310000066740us-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2026-06-300000066740us-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000066740us-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2026-06-300000066740us-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2025-12-310000066740us-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2026-06-300000066740us-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2025-12-310000066740us-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2026-06-300000066740us-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2025-12-310000066740us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMember2026-06-300000066740us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000066740us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2026-06-300000066740us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2025-12-310000066740us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2026-06-300000066740us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2025-12-310000066740us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2026-06-300000066740us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2025-12-310000066740us-gaap:FairValueMeasurementsRecurringMember2026-06-300000066740us-gaap:FairValueMeasurementsRecurringMember2025-12-310000066740us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2026-06-300000066740us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000066740us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2026-06-300000066740us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000066740us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2026-06-300000066740us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000066740us-gaap:FairValueMeasurementsNonrecurringMember2026-04-012026-06-300000066740us-gaap:FairValueMeasurementsNonrecurringMember2025-04-012025-06-300000066740us-gaap:FairValueMeasurementsNonrecurringMember2026-01-012026-06-300000066740us-gaap:FairValueMeasurementsNonrecurringMember2025-01-012025-06-300000066740us-gaap:CarryingReportedAmountFairValueDisclosureMember2026-06-300000066740us-gaap:EstimateOfFairValueFairValueDisclosureMember2026-06-300000066740us-gaap:CarryingReportedAmountFairValueDisclosureMember2025-12-310000066740us-gaap:EstimateOfFairValueFairValueDisclosureMember2025-12-310000066740mmm:EnvironmentalMattersRegulatoryActivitiesMember2026-01-012026-06-300000066740us-gaap:SubsequentEventMembermmm:EnvironmentalMattersAqueousFilmFormingFoamLitigationMember2026-07-012026-07-010000066740mmm:PWSSettlementMemberus-gaap:PendingLitigationMembersrt:MinimumMember2026-06-300000066740mmm:PWSSettlementMemberus-gaap:PendingLitigationMembersrt:MaximumMember2026-06-300000066740mmm:PWSSettlementMemberus-gaap:PendingLitigationMember2023-04-012023-06-300000066740mmm:PWSSettlementMemberus-gaap:PendingLitigationMember2026-06-300000066740mmm:AFFFMDLPersonalInjuryBellwetherCasesMemberus-gaap:PendingLitigationMember2023-12-012023-12-310000066740mmm:AFFFMDLPersonalInjuryBellwetherCasesMemberus-gaap:PendingLitigationMember2024-03-012024-03-310000066740mmm:AFFFMDLPersonalInjuryBellwetherCasesMemberus-gaap:PendingLitigationMember2024-07-012024-07-3100000667402025-04-012025-04-300000066740mmm:AFFFMDLPersonalInjuryBellwetherCasesMemberus-gaap:PendingLitigationMember2025-05-012025-05-310000066740mmm:OtherAFFFCasesMember2019-06-012019-06-300000066740mmm:OtherAFFFCasesMember2026-01-012026-06-300000066740mmm:OtherAFFFCasesMember2026-06-300000066740mmm:PFASNewJerseySettlementMember2019-03-012019-03-310000066740mmm:PFASNewJerseySettlementMemberus-gaap:PendingLitigationMember2026-06-300000066740mmm:PFASNewJerseySettlementMemberus-gaap:PendingLitigationMember2025-04-012025-06-300000066740mmm:PFASNewJerseySettlementMemberus-gaap:PendingLitigationMembermmm:EnvironmentalMattersChambersWorksAndOtherElementsMember2026-01-012026-06-300000066740mmm:PFASNewJerseySettlementMemberus-gaap:PendingLitigationMember2026-01-012026-06-300000066740mmm:PFASNewJerseySettlementMemberus-gaap:PendingLitigationMembermmm:EnvironmentalMattersFuturePFASRelatedClaimsMember2026-01-012026-06-300000066740stpr:ALmmm:OtherPFASRelatedAndEnvironmentalLitigationMember2026-01-012026-06-300000066740stpr:ALmmm:OtherPFASRelatedAndEnvironmentalLitigationMember2026-04-012026-04-300000066740mmm:OtherPFASRelatedAndEnvironmentalLitigationMember2026-01-012026-06-300000066740mmm:OtherPFASRelatedAndEnvironmentalLitigationMember2026-06-300000066740stpr:ALmmm:PWSSettlementMember2026-04-012026-04-300000066740stpr:ALmmm:PWSSettlementMember2026-05-012026-05-310000066740stpr:ALmmm:PWSSettlementMember2026-06-012026-06-300000066740mmm:GordonCountryGeorgiaMembermmm:PFASContaminationMember2024-02-012024-02-290000066740mmm:GordonCountryGeorgiaMembermmm:PFASContaminationMember2025-01-012025-01-310000066740mmm:GordonCountryGeorgiaMembermmm:PFASContaminationMember2026-01-012026-01-310000066740mmm:GordonCountryGeorgiaMembermmm:PFASContaminationMember2026-01-310000066740mmm:GordonCountryGeorgiaMembermmm:PFASContaminationMember2025-01-310000066740mmm:DaltonGeorgiaMembermmm:PFASContaminationMember2024-12-310000066740mmm:GordonCountyAndMurrayCountyGeorgiaMembermmm:PFASContaminationMember2025-07-012025-07-310000066740mmm:FloydCountyAndWhitfieldCountyGeorgiaMembermmm:PFASContaminationMember2025-10-012025-10-310000066740mmm:MurrayWhitfieldGordonAndCatoosaMembermmm:PFASContaminationMember2025-12-012025-12-310000066740mmm:MurrayWhitfieldGordonAndCatoosaMembermmm:OtherPFASRelatedAndEnvironmentalLitigationMember2026-03-012026-03-310000066740mmm:WhitfieldGordonAndMurrayMembermmm:PFASContaminationMember2026-04-012026-05-310000066740stpr:MEmmm:PFASContaminationMember2022-10-012022-10-310000066740stpr:MEmmm:PFASContaminationMember2025-01-012025-12-310000066740stpr:MEmmm:PFASContaminationMember2026-01-012026-06-300000066740stpr:MAmmm:PFASContaminationMember2024-10-012024-10-310000066740stpr:MImmm:PFASContaminationMember2025-12-012025-12-310000066740stpr:MNmmm:PFASContaminationMember2026-04-012026-04-300000066740stpr:MNmmm:PFASContaminationMember2026-05-012026-05-310000066740stpr:VAmmm:PFASContaminationMember2026-03-012026-03-310000066740stpr:VAmmm:PFASContaminationMember2024-07-012025-04-300000066740stpr:VAmmm:PFASContaminationMember2025-09-012025-09-300000066740stpr:VAmmm:PFASContaminationMember2025-12-012025-12-310000066740stpr:VAmmm:PFASContaminationMember2026-03-012026-06-300000066740mmm:DecaturAlabamaPlantMembermmm:EnvironmentalMattersOtherPfcRelatedEnvironmentalLitigationMember2026-01-012026-06-3000000667402025-01-012025-01-310000066740stpr:MNmmm:NaturalResourcesDefenseSettlementMember2018-01-012018-03-3100000667402022-07-012022-07-3100000667402022-01-012022-06-300000066740mmm:PFASBelgianCivilLitigationMember2026-06-300000066740mmm:PFASBelgianCivilLitigationMember2023-12-012023-12-310000066740mmm:PFASBelgianCivilLitigationMember2023-12-310000066740mmm:PFASBelgianCivilLitigationMember2026-05-012026-06-300000066740mmm:PFASGermanyLitigationMember2025-07-310000066740stpr:NJmmm:EnvironmentalMattersOtherEnvironmentalLitigationMember2018-07-012018-07-310000066740mmm:EnvironmentalRemediationRegulatoryActivitiesAndLitigationMember2026-06-300000066740mmm:EnvironmentalMattersOtherEnvironmentalLitigationMember2026-06-300000066740mmm:EnvironmentalMattersOtherEnvironmentalLitigationMemberus-gaap:OtherLiabilitiesCurrent2026-06-300000066740mmm:EnvironmentalMattersOtherEnvironmentalLitigationMemberus-gaap:OtherLiabilitiesNoncurrent2026-06-300000066740mmm:EnvironmentalMattersOtherEnvironmentalLitigationMember2025-12-310000066740mmm:EnvironmentalMattersOtherEnvironmentalLitigationMemberus-gaap:OtherLiabilitiesCurrent2025-12-310000066740mmm:EnvironmentalMattersOtherEnvironmentalLitigationMemberus-gaap:OtherLiabilitiesNoncurrent2025-12-310000066740us-gaap:EnvironmentalRemediationMember2026-01-012026-06-300000066740us-gaap:EnvironmentalRemediationMember2025-01-012025-12-310000066740mmm:RespiratorMaskAsbestosLitigationMember2026-01-012026-06-300000066740mmm:RespiratorMaskAsbestosLitigationMember2025-01-012025-12-310000066740mmm:RespiratorMaskAsbestosLitigationWestVirginiaMember2003-12-310000066740mmm:RespiratorMaskAsbestosLitigationWestVirginiaMember2019-10-012019-10-310000066740mmm:RespiratorMaskAsbestosLitigationWestVirginiaMember2026-06-300000066740mmm:RespiratorMaskAsbestosLitigationMember2026-06-300000066740mmm:RespiratorMaskAsbestosLitigationMember2025-12-310000066740mmm:RespiratorMaskAsbestosLitigationAearoMember2026-06-300000066740mmm:RespiratorMaskAsbestosLitigationAearoMember2025-12-310000066740mmm:RespiratorMaskAsbestosLitigationAearoMember2026-01-012026-06-300000066740mmm:CAESettlementMemberus-gaap:SettledLitigationMember2023-08-012023-08-310000066740mmm:CAESettlementMemberus-gaap:SettledLitigationMember2024-03-310000066740mmm:CAESettlementMemberus-gaap:SettledLitigationMember2023-07-012023-09-300000066740mmm:CAESettlementMemberus-gaap:SettledLitigationMember2023-09-300000066740mmm:CAESettlementMemberus-gaap:SettledLitigationMember2023-08-310000066740mmm:CAESettlementMemberus-gaap:SettledLitigationMember2026-06-300000066740mmm:CAESettlementMemberus-gaap:SettledLitigationMemberus-gaap:OtherLiabilitiesCurrent2026-06-300000066740mmm:CAESettlementMemberus-gaap:SettledLitigationMemberus-gaap:OtherLiabilitiesNoncurrent2026-06-300000066740mmm:CAESettlementMemberus-gaap:SettledLitigationMember2025-12-310000066740mmm:CAESettlementMemberus-gaap:SettledLitigationMemberus-gaap:OtherLiabilitiesCurrent2025-12-310000066740mmm:CAESettlementMemberus-gaap:SettledLitigationMemberus-gaap:OtherLiabilitiesNoncurrent2025-12-310000066740mmm:WatsonGrindingMember2026-01-012026-06-300000066740mmm:OccupationalSafetyAndHealthAdministrationOSHAMember2023-11-012023-11-300000066740us-gaap:OperatingSegmentsMember2026-04-012026-06-300000066740us-gaap:OperatingSegmentsMember2025-04-012025-06-300000066740us-gaap:OperatingSegmentsMember2026-01-012026-06-300000066740us-gaap:OperatingSegmentsMember2025-01-012025-06-300000066740us-gaap:OperatingSegmentsMember2026-06-300000066740us-gaap:OperatingSegmentsMember2025-12-31

Table of Contents

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 
For the quarterly period ended June 30, 2026 
or
o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from __________ to __________ 
Commission file number: 1-3285

3M COMPANY
(Exact name of registrant as specified in its charter)
Delaware41-0417775
(State or other jurisdiction of incorporation)(IRS Employer Identification No.)

3M Center, St. Paul, Minnesota
55144-1000
(Address of Principal Executive Offices)(Zip Code)

(Registrant’s Telephone Number, Including Area Code) (651) 733-1110

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, Par Value $.01 Per ShareMMMNew York Stock Exchange
MMMNYSE Texas, Inc.
1.500% Notes due 2026MMM26New York Stock Exchange
1.750% Notes due 2030MMM30New York Stock Exchange
1.500% Notes due 2031MMM31New York Stock Exchange
Note: The common stock of the Registrant is also traded on the SIX Swiss Exchange.
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.:

Large accelerated filer☒Accelerated filer☐

Non-accelerated filer☐Smaller reporting company☐

Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

ClassOutstanding at June 30, 2026

Common Stock, $0.01 par value per share515,722,417 shares

1

Table of Contents

3M COMPANY
Form 10-Q for the Quarterly Period Ended June 30, 2026

TABLE OF CONTENTS
PAGE

PART I. Financial Information
3

Item 1. Financial Statements
3

Consolidated Statement of Income
3

Consolidated Statement of Comprehensive Income
4

Consolidated Balance Sheet
5

Consolidated Statement of Cash Flows
6

Notes to Consolidated Financial Statements 
7

Note 1. Significant Accounting Policies
7

Note 2. Revenue
7

Note 3. Acquisitions and Divestitures
8

Note 4. Goodwill and Intangible Assets
9

Note 5. Restructuring Actions
9

Note 6. Supplemental Income Statement Information
10

Note 7. Supplemental Balance Sheet Information
10

Note 8. Supplemental Equity and Comprehensive Income Information
11

Note 9. Income Taxes
13

Note 10. Earnings Per Share 
13

Note 11. Long-Term Debt and Short-Term Borrowings
13

Note 12. Pension and Postretirement Benefit Plans
14

Note 13. Derivatives
14

Note 14. Fair Value Measurements and Marketable Securities
16

Note 15. Commitments and Contingencies
18

Note 16. Business Segments
40

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
42

Overview
43

Results of Operations
44

Performance by Business Segment
46

Financial Condition and Liquidity
49

Item 3. Quantitative and Qualitative Disclosures About Market Risk
52

Item 4. Controls and Procedures
52

PART II. Other Information
53

Item 1. Legal Proceedings
53

Item 1A. Risk Factors
53

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
53

Item 3. Defaults Upon Senior Securities 
53

Item 4. Mine Safety Disclosures
53

Item 5. Other Information
53

Item 6. Exhibits
54

2

Table of Contents

3M COMPANY
FORM 10-Q
For the Quarterly Period Ended June 30, 2026
PART I. Financial Information

Item 1. Financial Statements

3M Company and Subsidiaries
Consolidated Statement of Income
(Unaudited)

Three months ended
June 30,Six months ended
June 30,

(Millions, except per share amounts)2026202520262025
Net sales$6,500 $6,344 $12,530 $12,298 

Operating expenses
Cost of sales3,817 3,646 7,391 7,124 
Selling, general and administrative expenses1,061 1,267 1,805 2,212 
Research, development and related expenses 302 288 610 573 
Loss on business divestitures336 3 343 3 
Total operating expenses 5,516 5,204 10,149 9,912 
Operating income984 1,140 2,381 2,386 

Other expense (income), net(136)217 383 78 

Income before income taxes1,120 923 1,998 2,308 
Provision for income taxes 183 245 404 510 
Income of consolidated group937 678 1,594 1,798 

Income from unconsolidated subsidiaries, net of taxes1 47 3 49 
Net income including noncontrolling interest
938 725 1,597 1,847 

Less: net income attributable to noncontrolling interest
5 2 11 8 

Net income attributable to 3M $933 $723 $1,586 $1,839 

Earnings per share attributable to 3M common shareholders:
Weighted average 3M common shares outstanding — basic519.7 537.4 524.4 540.6 

Earnings per share — basic$1.79 $1.35 $3.02 $3.40 

Weighted average 3M common shares outstanding — diluted522.4 540.6 527.6 544.2 

Earnings per share — diluted $1.78 $1.34 $3.01 $3.38 

The accompanying Notes to Consolidated Financial Statements are an integral part of this statement.    
3

Table of Contents

3M Company and Subsidiaries
Consolidated Statement of Comprehensive Income
(Unaudited)

Three months ended
June 30,Six months ended
June 30,

(Millions)2026202520262025

Net income including noncontrolling interest$938 $725 $1,597 $1,847 
Other comprehensive income (loss), net of tax:
Cumulative translation adjustment(2)339 (97)510 
Defined benefit pension and postretirement plans adjustment47 49 94 107 
Cash flow hedging instruments1 (83)16 (112)
Total other comprehensive income (loss), net of tax46 305 13 505 
Comprehensive income including noncontrolling interest
984 1,030 1,610 2,352 
Comprehensive (income) attributable to noncontrolling interest
(5)(2)(8)(8)
Comprehensive income attributable to 3M$979 $1,028 $1,602 $2,344 

The accompanying Notes to Consolidated Financial Statements are an integral part of this statement.
4

Table of Contents

3M Company and Subsidiaries
Consolidated Balance Sheet
(Unaudited)

(Dollars in millions, except per share amount)June 30, 2026December 31, 2025
Assets
Current assets
Cash and cash equivalents$2,955 $5,235 
Marketable securities375 698 
Accounts receivable — net of allowances of $51 and $61
3,927 3,533 
Inventories 3,770 3,661 
Prepaids492 391 
Assets held for sale— 46 
Other current assets 2,593 2,823 
Total current assets 14,112 16,387 
Property, plant and equipment — net 6,877 7,101 
Goodwill 6,374 6,419 
Intangible assets — net 1,053 1,103 
Other assets 6,508 6,723 
Total assets $34,924 $37,733 
Liabilities and equity

Current liabilities
Short-term borrowings and current portion of long-term debt $1,647 $1,670 
Accounts payable 3,108 2,702 
Accrued payroll 522 718 
Liabilities held for sale— 55 
Other current liabilities6,102 4,450 
Total current liabilities 11,379 9,595 
Long-term debt 10,904 10,932 
Pension and postretirement benefits 1,502 1,631 
Other liabilities 8,134 10,828 
Total liabilities 31,919 32,986 
Commitments and contingencies (Note 15)

3M Company shareholders’ equity:
Common stock par value, $.01 per share; 944,033,056 shares issued
9 9 
Shares outstanding - June 30, 2026: 515,722,417; December 31, 2025: 530,279,131

Additional paid-in capital 7,540 7,440 
Retained earnings 38,633 38,258 
Treasury stock, at cost(38,177)(35,936)
Shares at June 30, 2026: 428,310,639; December 31, 2025: 413,753,925

Accumulated other comprehensive income (loss) (5,053)(5,069)
Total 3M Company shareholders’ equity 2,952 4,702 
Noncontrolling interest
53 45 
Total equity 3,005 4,747 
Total liabilities and equity 
$34,924 $37,733 

The accompanying Notes to Consolidated Financial Statements are an integral part of this statement.
5

Table of Contents

3M Company and Subsidiaries
Consolidated Statement of Cash Flows
(Unaudited)

Six months ended June 30,

(Millions)20262025
Cash flows from operating activities
Net income including noncontrolling interest
$1,597 $1,847 
Adjustments to reconcile net income including noncontrolling interest to net cash provided by (used in) operating activities

Depreciation and amortization 661 580 
Company pension and postretirement contributions (73)(61)
Company pension and postretirement expense 73 135 
Stock-based compensation expense 121 129 
Loss on business divestitures
343 3 
Deferred income taxes 120 217 
Changes in assets and liabilities 
Accounts receivable (414)(419)
Inventories (132)(240)
Accounts payable 421 182 
Other — net(1,157)(3,406)
Net cash provided by (used in) operating activities 1,560 (1,033)

Cash flows from investing activities
Purchases of property, plant and equipment (PP&E) (448)(444)
Proceeds from sale of PP&E and other assets 14 21 

Purchases of marketable securities and investments (294)(419)
Proceeds from maturities and sale of marketable securities and investments622 2,130 
Proceeds from (payments for) sale of businesses, net of cash sold(326)5 
Other — net 9 (3)
Net cash provided by (used in) investing activities (423)1,290 

Cash flows from financing activities

Repayment of debt (maturities greater than 90 days) — (1,250)
Proceeds from debt (maturities greater than 90 days) — 1,099 
Purchases of treasury stock (2,993)(2,227)
Proceeds from issuance of treasury stock pursuant to stock option and benefit plans364 988 

Dividends paid to shareholders (813)(786)

Other — net (16)(15)
Net cash provided by (used in) financing activities (3,458)(2,191)

Effect of exchange rate changes on cash and cash equivalents (5)46 

Net increase (decrease) in cash and cash equivalents, including cash classified within assets held for sale(2,326)(1,888)
Less: net increase (decrease) in cash classified within assets held for sale
(46)— 
Net increase (decrease) in cash and cash equivalents
(2,280)(1,888)
Cash and cash equivalents at beginning of year 5,235 5,600 
Cash and cash equivalents at end of period$2,955 $3,712 

The accompanying Notes to Consolidated Financial Statements are an integral part of this statement.
6

Table of Contents

3M Company and Subsidiaries
Notes to Consolidated Financial Statements 
(Unaudited)

Note 1. Significant Accounting Policies
Basis of Presentation: As used herein, the term “3M” or “Company” includes 3M Company and its subsidiaries unless the context indicates otherwise. The interim consolidated financial statements are unaudited but, in the opinion of management, reflect all adjustments necessary for a fair statement of the Company’s consolidated financial position, results of operations and cash flows for the periods presented. These adjustments consist of normal, recurring items. The results of operations for any interim period are not necessarily indicative of results for the full year. The interim consolidated financial statements and notes are presented as permitted by the requirements for Quarterly Reports on Form 10-Q. This Quarterly Report on Form 10-Q should be read in conjunction with the Company’s consolidated financial statements and notes included in its 2025 Annual Report on Form 10-K. 
Certain amounts in prior periods’ consolidated financial statements have been reclassified to conform to current period presentation. Also, effective in the first and second quarters of 2026, the Company made changes to the measure of segment operating performance and segment composition used by its chief operating decision maker ("CODM"). These changes impacted the disclosed measure of segment profit and other segment-related amounts as further described in Note 16