3M 2015 Annual Report Download - page 71

TableofContents
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NOTE6.SupplementalEquityandComprehensiveIncomeInformation
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Commonstock($.01parvaluepershare)of3.0billionsharesisauthorized,with944,033,056sharesissued.Treasurystockis
reportedatcost,with334,702,932sharesatDecember31,2015,308,898,462sharesatDecember31,2014,and280,736,817
sharesatDecember31,2013.Preferredstock,withoutparvalue,of10millionsharesisauthorizedbutunissued.
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In2015,3M’sBoardofDirectorsdeclaredasecond,third,andfourthquarterdividendof$1.025pershare,whichresultedintotal
year2015declareddividendsof$3.075pershare.InDecember2014,3M’sBoardofDirectorsdeclaredafirst-quarter2015dividend
of$1.025pershare(paidinMarch2015),whichwhenaddedtosecond,thirdandfourthquarter2014declareddividendsof$0.855
pershare,resultedintotalyear2014declareddividendsof$3.59pershare.InDecember2013,3M’sBoardofDirectorsdeclareda
first-quarter2014dividendof$0.855pershare(paidinMarch2014).Thisresultedintotalyear2013declareddividendsof$3.395
pershare.
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ChangesinAccumulatedOtherComprehensiveIncome(Loss)Attributableto3MbyComponent
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    DefinedBenefit Debtand CashFlow Accumulated 
    Pensionand Equity Hedging Other 
Cumulative Postretirement Securities, Instruments, Comprehensive 
Translation Plans Unrealized Unrealized Income 
(Millions) Adjustment Adjustment Gain(Loss) Gain(Loss) (Loss) 
BalanceatDecember31,2012,netoftax: $ 230 $ (4,955) $ (2)$ (23) $ (4,750)
Othercomprehensiveincome(loss),beforetax:           
Amountsbeforereclassifications   (462)  1,361   —   (98)  801 
Amountsreclassifiedout   —   569   —   122   691 
Totalothercomprehensiveincome(loss),beforetax   (462)  1,930   —   24   1,492 
Taxeffect   44   (690)  —   (9)  (655)
Totalothercomprehensiveincome(loss),netoftax   (418)  1,240   —   15   837 
BalanceatDecember31,2013,netoftax: $ (188)$ (3,715)$ (2)$ (8) $ (3,913)
Othercomprehensiveincome(loss),beforetax:           
Amountsbeforereclassifications   (856)  (2,638)  2   171   (3,321)
Amountsreclassifiedout   —   360   1   (4)  357 
Totalothercomprehensiveincome(loss),beforetax   (856)  (2,278)  3   167   (2,964)
Taxeffect   (92)  716   (1)  (60)  563 
Totalothercomprehensiveincome(loss),netoftax   (948)  (1,562)  2   107   (2,401)
Impactfrompurchaseofsubsidiaryshares   41   (16)  —   —   25 
BalanceatDecember31,2014,netoftax $ (1,095)$ (5,293)$ — $ 99 $ (6,289)
Othercomprehensiveincome(loss),beforetax:           
Amountsbeforereclassifications   (447)  367   —   212   132 
Amountsreclassifiedout   —   537   —   (174)  363 
Totalothercomprehensiveincome(loss),beforetax   (447)  904   —   38   495 
Taxeffect   (137)  (415)  —   (13)  (565)
Totalothercomprehensiveincome(loss),netoftax   (584)  489   —   25   (70)
BalanceatDecember31,2015,netoftax: $ (1,679)$ (4,804)$ — $ 124  $ (6,359)
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Incometaxesarenotprovidedforforeigntranslationrelatingtopermanentinvestmentsininternationalsubsidiaries,buttaxeffects
withincumulativetranslationdoesincludeimpactsfromitemssuchasnetinvestmenthedgetransactions.Reclassification
adjustmentsaremadetoavoiddoublecountingincomprehensiveincomeitemsthatarealsorecordedaspartofnetincome.
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