Investor Overview

3M Business Groups - 3M Company

2019 Sales by Business Group

Our Strategies

  • Expand Relevance to our Customers and our Presence in the Marketplace
  • Gain Profitable Market Share and Accelerate Market Penetration Everywhere
  • Invest in Innovation: Invigorate Existing Market Opportunities and Focus on Emerging Megatrends
    • Intensify Capabilities to Achieve Regional Self-Sufficiency
    • Build High Performing and Diverse Global Talent
  • Drive Consistent Superior Levels of Operational Excellence

Safety & Industrial

With Leading Market Positions In:​​

  • Respiratory, hearing and eye protection solutions​
  • Building safety solutions​
  • Structural adhesives and tapes​
  • Industrial abrasives​
  • Autobody repair solutions​
  • Medium voltage cable accessories and insulation tapes​

Transportation & Electronics

With Leading Market Positions In:​

  • Display enhancement films, optically-clear adhesives, and electronics assembly solutions
  • Attachment tapes, protective films, sound and temperature management for transportation OEM’s​
  • Auto electrification solutions​
  • Reflective signage for highway and construction safety​
  • Premium large format graphic films for advertising and fleet signage​

Health Care

With Leading Market Positions In:​

  • Skin, wound care, and infection prevention
  • Dentistry and orthodontia
  • Coding and reimbursement software​
  • Filtration and purification systems​
  • Drug delivery (inhalation and transdermal systems)​
  • Food safety indicator solutions​

Consumer

With Leading Market Positions In:​

  • Retail abrasives and paint accessories​
  • Car Care DIY​
  • Consumer air quality solutions​
  • Stationery products​
  • Cleaning products for the home​
  • Consumer bandages, braces, and supports​

Balanced Capital Allocation Plan

R&D

~6% to sales

Cap-ex

5.0% – 5.5% to sales

Growth investments ~30%
62 years

Consecutive annual increases

100+ years

Paid dividends without interruption; expected to grow in-line with earnings over time

Dividend ~30%
Acquisitions

Highest priority for flexible deployment

Share repurchase

Maintain minimum repurchase threshold; based on relative value; influenced by other demands on capital

Flexible Deployment ~40%