3M 2015 Annual Report Download - page 116

Download and view the complete annual report

Please find page 116 of the 2015 3M annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 158

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158

TableofContents
Effectiveinthethirdquarterof2015,withintheHealthCarebusinesssegment,theCompanyformedtheOralCareSolutions
Division,whichcombinedtheformer3MESPEand3MUnitekdivisions.
BusinessSegmentProducts
BusinessSegment  MajorProducts
Industrial
Tapes,coated,nonwovenandbondedabrasives,adhesives,advancedceramics,sealants,specialty
materials,filtrationproducts,closuresystemsforpersonalhygieneproducts,acousticsystems
products,automotivecomponents,abrasion-resistantfilms,structuraladhesivesandpaintfinishing
anddetailingproducts
 
SafetyandGraphics
Personalprotectionproducts,trafficsafetyandsecurityproducts,commercialgraphicssystems,
commercialcleaningandprotectionproducts,floormatting,roofinggranulesforasphaltshingles,
andfallprotectionproducts
 
HealthCare
Medicalandsurgicalsupplies,skinhealthandinfectionpreventionproducts,drugdeliverysystems,
dentalandorthodonticproducts,healthinformationsystemsandfoodsafetyproducts
 
ElectronicsandEnergy
Opticalfilmssolutionsforelectronicdisplays,packagingandinterconnectiondevices,insulatingand
splicingsolutionsfortheelectronics,telecommunicationsandelectricalindustries,touchscreensand
touchmonitors,renewableenergycomponentsolutions,andinfrastructureprotectionproducts
 
Consumer
Sponges,scouringpads,high-performancecloths,consumerandofficetapes,repositionablenotes,
indexingsystems,constructionandhomeimprovementproducts,homecareproducts,protective
materialproducts,andconsumerandofficetapesandadhesives
BusinessSegmentInformation
NetSales OperatingIncome 
(Millions)  2015  2014  2013  2015  2014  2013
Industrial $ 10,328 $ 10,990 $ 10,657 $ 2,263 $ 2,389 $ 2,307
SafetyandGraphics 5,515 5,732 5,584 1,305 1,296 1,227
HealthCare 5,420 5,572 5,334 1,724 1,724 1,672
ElectronicsandEnergy 5,220 5,604 5,393 1,102 1,115 954
Consumer 4,422 4,523 4,435 1,046 995 945
CorporateandUnallocated 1 4 8 (355)(251)(321)
EliminationofDualCredit (632)(604)(540)(139)(133)(118)
TotalCompany $ 30,274 $ 31,821 $ 30,871 $ 6,946 $ 7,135 $ 6,666
Assets Depreciation&Amortization CapitalExpenditures 
(Millions)  2015  2014  2013  2015  2014  2013  2015  2014  2013
Industrial $ 9,203 $ 8,508 $ 8,833 $ 374 $ 383 $ 373 $ 317 $ 395 $ 511
SafetyandGraphics 7,564 4,939 5,122 245 234 255 199 221 207
HealthCare 4,403 4,344 4,329 179 181 171 168 169 120
ElectronicsandEnergy 4,815 5,116 5,336 291 271 260 211 232 261
Consumer 2,393 2,434 2,516 108 108 106 124 111 128
CorporateandUnallocated 4,340 5,868 7,168 238 231 206 442 365 438
TotalCompany $ 32,718 $ 31,209 $ 33,304 $ 1,435 $ 1,408 $ 1,371 $ 1,461 $ 1,493 $ 1,665
Corporateandunallocatedoperatingincomeincludesavarietyofmiscellaneousitems,suchascorporateinvestmentgainsand
losses,certainderivativegainsandlosses,certaininsurance-relatedgainsandlosses,certainlitigationandenvironmentalexpenses,
corporaterestructuringchargesandcertainunder-orover-absorbedcosts(e.g.pension,stock-basedcompensation)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.
116