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3
3M COMPANY
FORM 10-K
For the Year Ended December 31, 2005
PART I
Item 1. Business.
3M Company, formerly known as Minnesota Mining and Manufacturing Company, was incorporated in 1929 under
the laws of the State of Delaware to continue operations begun in 1902. The Company’s ticker symbol is MMM. As
used herein, the term “3M” or “Company” includes 3M Company and its subsidiaries unless the context indicates
otherwise.
Available Information
The Company files annual reports, quarterly reports, proxy statements and other documents with the Securities and
Exchange Commission (SEC) under the Securities Exchange Act of 1934 (Exchange Act). The public may read and
copy any materials that the Company files with the SEC at the SEC’s Public Reference Room at 100 F Street, N.E.,
Room 1580, Washington, D.C. 20549. The public may obtain information on the operation of the Public Reference
Room by calling the SEC at 1-800-SEC-0330. Also, the SEC maintains a website that contains reports, proxy and
information statements, and other information regarding issuers, including the Company, that file electronically with
the SEC. The public can obtain any documents that the Company files with the SEC at http://www.sec.gov.
The corporation also makes available free of charge through its website (http://investor.3M.com) the Company’s
Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and, if applicable,
amendments to those reports filed or furnished pursuant to the Exchange Act as soon as reasonably practicable after
the Company electronically files such material with, or furnishes it to, the SEC.
General
3M is a diversified technology company with a global presence in the following businesses: health care; industrial;
display and graphics; consumer and office; safety, security and protection services; electronics and
telecommunications; and transportation. 3M is among the leading manufacturers of products for many of the markets
it serves. Most 3M products involve expertise in product development, manufacturing and marketing, and are subject
to competition from products manufactured and sold by other technologically oriented companies.
At December 31, 2005, the Company employed 69,315 people, with 33,033 employed in the United States and
36,282 employed internationally.
Business Segments
In 2005, 3M managed its operations in seven operating business segments: Health Care; Industrial; Display and
Graphics; Consumer and Office; Electro and Communications; Safety, Security and Protection Services; and
Transportation. 3M’s seven business segments bring together common or related 3M technologies, enhancing the
development of innovative products and services and providing for efficient sharing of business resources. These
segments have worldwide responsibility for virtually all 3M product lines. Certain small businesses and staff-
sponsored products, as well as various corporate assets and expenses, are not allocated to the business segments.
Financial information and other disclosures relating to 3M’s business segments and operations in major geographic
areas are provided in the Notes to Consolidated Financial Statements.
Effective January 1, 2006, 3M combined its Industrial and Transportation business segments. This new segment will
leverage common markets, sales channels and customers, technologies, manufacturing facilities and selling
processes. This combination will provide additional efficiencies that will be reinvested in growth. The results for the new
Industrial and Transportation segment can be approximated by combining the existing Industrial and Transportation
segments. In addition, during the first quarter of 2006, the Personal Care Division (2005 annual sales of approximately
$600 million) within the Health Care segment transferred to the combined Industrial and Transportation segment.
Segment information for all periods presented will be reclassified in 2006 to reflect the combined Industrial and
Transportation segment in addition to the transfer of the Personal Care Division.
Health Care Business: The Health Care segment serves markets that include medical, surgical, pharmaceutical, dental
and orthodontic, health information systems and personal care. Products provided to these markets include medical
and surgical supplies, skin health and infection prevention products, pharmaceuticals, drug delivery systems, dental
and orthodontic products, health information systems, microbiology products, and closures for disposable diapers.