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3M Reports Record Second-Quarter Results; Company Posts Sales Of $7.8 Billion And Earnings Per Share Of $1.71

Industrial: This business segment, previously referred to as Industrial and Transportation, is largely unchanged, except for the transfer of the Renewable Energy Division to the Electronics and Energy business segment.

Safety and Graphics: This business segment includes Architectural Markets, Building and Commercial Services, Commercial Graphics, Industrial Mineral Products, Personal Safety, and Traffic Safety and Security. This new business segment also reflects the movement of certain product lines between various divisions.

Electronics and Energy: This business segment includes Communication Markets, Electrical Markets, Electronics Markets Materials, Electronic Solutions, Infrastructure Protection, Optical Systems, Renewable Energy, and 3M Touch Systems. This new business segment also reflects the movement of certain product lines between various divisions.

Health Care: This business segment is largely unchanged, except for the movement of certain product lines between various divisions.

Consumer: This business segment, previously referred to as Consumer and Office, is largely unchanged, except for the movement of certain product lines between various divisions.

The financial information presented herein reflects, for all periods presented, the impact of this realignment. Refer to 3M's Current Report on Form 8-K furnished on March 1, 2013 and 3M's Current Report on Form 8-K filed on May 16, 2013 for additional information concerning the business segment and geographic area realignments effective in the first quarter of 2013.

       
BUSINESS SEGMENT INFORMATION Three-months ended Six-months ended
NET SALES June 30, June 30,
(Millions) 2013     2012 2013     2012
 
Industrial $ 2,663 $ 2,499 $ 5,338 $ 5,057
Safety and Graphics 1,453 1,421 2,870 2,808
Electronics and Energy 1,340 1,384 2,617 2,704
Health Care 1,336 1,277 2,647 2,552
Consumer 1,098 1,083 2,179 2,143
Corporate and Unallocated 2 1 4 3
Elimination of Dual Credit   (140 )   (131 )   (269 )   (247 )
 
Total Company $ 7,752   $ 7,534   $ 15,386   $ 15,020  
 
 
BUSINESS SEGMENT INFORMATION Three-months ended Six-months ended
OPERATING INCOME June 30, June 30,
(Millions) 2013 2012 2013 2012
 
Industrial $ 599 $ 592 $ 1,175 $ 1,183
Safety and Graphics 333 368 668 702
Electronics and Energy 237 282 433 516
Health Care 417 412 821 813
Consumer 235 227 472 464
Corporate and Unallocated (88 ) (124 ) (162 ) (262 )
Elimination of Dual Credit   (31 )   (29 )   (59 )   (54 )
 
Total Company $ 1,702   $ 1,728   $ 3,348   $ 3,362  
 

About 3M3M captures the spark of new ideas and transforms them into thousands of ingenious products. Our culture of creative collaboration inspires a never-ending stream of powerful technologies that make life better. 3M is the innovation company that never stops inventing. With $30 billion in sales, 3M employs 88,000 people worldwide and has operations in more than 70 countries.



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