Investor Overview

3M Business Groups - 3M Company

2020 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

Representative products/services​​

  • Respiratory, hearing and eye protection solutions​
  • Structural adhesives and tapes​
  • Industrial abrasives and finishing for metalworking applications​
  • Autobody repair solutions​
  • Closure systems for personal hygiene products, masking, and packaging materials
  • Electrical products and materials for construction and maintenance, power distribution and electrical original equipment manufacturers (OEMs)
  • Natural and color-coated mineral granules for shingles

Transportation & Electronics

Representative products/services

  • Light management films and electronics assembly solutions
  • Attachment tapes, protective films, sound and temperature management for transportation vehicles
  • Packaging and interconnection solutions​
  • Reflective signage for highway and construction safety​
  • Premium large format graphic films for advertising and fleet signage​
  • Advanced ceramic solutions

Health Care

Representative products/services

  • Skin, wound care, and infection prevention products and solutions
  • Dentistry and orthodontia solutions
  • Health care procedure coding and reimbursement software
  • Filtration and purification systems​
  • Food safety indicator solutions​

Consumer

Representative products/services

  • Retail abrasives, paint accessories, car care DIY products, picture hanging and consumer air quality solutions​
  • Stationery products​
  • Cleaning products for the home​
  • Consumer bandages, braces, supports, and consumer respirators

Balanced Capital Allocation Plan

R&D

~6% to sales

Cap-ex

5.0% – 5.5% to sales

Growth investments ~30%
63 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%