3M 2006 Annual Report Download - page 108

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
NOTE 18. Geographic Areas
Geographic area information is used by the Company as a secondary performance measure to manage its businesses.
Export sales and certain income and expense items are reported within the geographic area where the final sales to 3M
customers are made.
Geographic Area Information Europe,
Middle Latin
East America Other
United Asia and and Unallo- Total
(Millions) States Pacific Africa Canada cated Company
Net sales to customers 2006 $8,853 $6,251 $5,726 $2,080 $ 13 $22,923
2005 8,267 5,744 5,219 1,881 56 21,167
2004 7,878 5,168 5,183 1,731 51 20,011
Operating Income 2006 $1,908 $2,097 $1,092 $ 629 $(30) $ 5,696
2005 1,200 2,085 1,057 512 0 4,854
2004 998 1,860 988 473 7 4,326
Property, plant and 2006 $3,382 $ 959 $1,162 $ 404 $ ± $ 5,907
HTXLSPHQW±QHW      ± 5,593
     ± 5,711
2006 operating income results by area were significantly impacted by the sale of portions of the pharmaceuticals
business (within the Health Care segment) and restructuring actions. Refer to Note 2 and Note 4 for discussion of these
items.
Asia Pacific includes Japan net sales to customers of $2.048 billion in 2006, $2.094 billion in 2005, and $2.077 billion
in 2004. Asia Pacific includes Japan net property, plant and equipment of $345 million in 2006, $350 million in 2005,
and $397 million in 2004. The 2005 decrease in net property, plant and equipment in Japan was primarily due to
currency translation (due to the stronger U.S. dollar at December 31, 2005, when compared with December 31, 2004).