3M 2009 Annual Report Download - page 121

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115
Business Segment Products
Business Segment Major Products
Industrial and Transportation
Tapes, coated and nonwoven abrasives, adhesives, specialty materials, filtration
products, closures for disposable diapers, automotive components, abrasion-
resistant films, structural adhesives and paint finishing and detailing products, energy
control products
Health Care
Medical and surgical supplies, skin health and infection prevention products,
pharmaceuticals (sold in December 2006 and January 2007), drug delivery systems,
dental and orthodontic products, health information systems and food safety products
Consumer and Office
Sponges, scouring pads, high-performance cloths, consumer and office tapes,
repositionable notes, carpet and fabric protectors, construction and home
improvement products, home care products, protective material products and
consumer health care products
Safety, Security and
Protection Services
Personal protection products, safety and security products, commercial cleaning and
protection products, floor matting, roofing granules for asphalt shingles, and Track
and Trace products, such as library patron self-checkout systems (supply chain
execution software solutions sold in June 2008)
Display and Graphics
Optical films solutions for electronic displays, reflective sheeting for transportation
safety, commercial graphics systems, and projection systems, including mobile
display technology and visual systems
Electro and Communications
Packaging and interconnection devices, insulating and splicing solutions for the
electronics, telecommunications and electrical industries, and touch screens and
touch monitors
Business Segment Information
Net Sales Operating Income
(Millions) 2009 2008 2007 2009 2008 2007
Industrial and Transportation $ 7,116 $ 8,173 $ 7,639 $ 1,238 $ 1,548 $ 1,580
Health Care .......................... 4,294 4,303 3,980 1,350 1,175 1,884
Consumer and Office ........... 3,471 3,578 3,494 748 683 710
Safety, Security and
Protection Services........... 3,180 3,450 2,944 745 710 583
Display and Graphics ........... 3,132 3,268 3,916 590 583 1,166
Electro and Communications 2,276 2,835 2,805 322 540 501
Corporate and Unallocated .. 12 23 79 (100) 58 (144)
Elimination of Dual Credit..... (358) (361) (395) (79) (79) (87)
Total Company ..................... $ 23,123 $ 25,269 $ 24,462 $ 4,814 $ 5,218 $ 6,193
Assets Depreciation & Amortization Capital Expenditures
(Millions) 2009 2008 2007 2009 2008 2007 2009 2008 2007
Industrial and Transportation $ 6,396 $ 6,328 $ 5,959 $ 327 $ 285 $ 265 $ 233 $ 334 $ 333
Health Care ......................... 3,218 3,096 2,909 143 146 124 125 169 173
Consumer and Office .......... 1,819 1,815 1,720 88 79 73 43 87 82
Safety, Security and
Protection Services.......... 3,251 3,172 2,257 175 150 142 95 128 154
Display and Graphics .......... 3,564 3,479 3,199 174 220 199 160 305 276
Electro and Communications 2,067 2,186 2,063 102 127 131 60 143 110
Corporate and Unallocated . 6,935 5,717 6,592 148 146 138 187 305 294
Total Company .................... $ 27,250 $ 25,793 $24,699 $ 1,157 $ 1,153 $ 1,072 $ 903 $ 1,471 $ 1,422
Corporate and Unallocated operating income includes a variety of miscellaneous items, such as corporate
investment gains and losses, certain derivative gains and losses, insurance-related gains and losses, certain
litigation and environmental expenses, corporate restructuring charges and certain under- or over-absorbed costs
(e.g. pension) that the Company may choose not to allocate directly to its business segments. Because this category
includes a variety of miscellaneous items, it is subject to fluctuation on a quarterly and annual basis.
3M is an integrated enterprise characterized by substantial intersegment cooperation, cost allocations and inventory
transfers. Therefore, management does not represent that its business segments, if operated independently, would
report the operating income and other financial information shown. Segment operating income and assets in the
preceding table include allocations resulting from the shared utilization of certain corporate or otherwise unallocated