# 3M COMPANY (MMM) FY2024 YTD Q3 P&L / Income Statement - Company: 3M COMPANY (MMM) - Period: 2024-01-01 to 2024-09-30 - Filing: Q3 FY2024 10-Q, filed 2024-10-22, accession number 0000066740-24-000101 - Page: https://plicit.ai/financials/mmm/fy2024-ytd-q3-income-statement - Chart image: https://plicit.ai/charts/mmm-fy2024-ytd-q3-income-statement-sankey.png ## Chart details: Revenue by Business Segment Income statement for 2024-01-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 18,565,000,000 US dollars - **Cost of sales**: 10,703,000,000 US dollars - **Gross profit (calculated)**: 7,862,000,000 US dollars - **Operating expenses (calculated)**: 4,125,000,000 US dollars - **Operating income (loss)**: 3,737,000,000 US dollars - **Other expense (income), net**: 323,000,000 US dollars - **Income (loss) from continuing operations before income taxes**: 4,060,000,000 US dollars - **Provision (benefit) for income taxes**: 771,000,000 US dollars - **Net income (loss) attributable to 3M**: 3,445,000,000 US dollars - **Safety and Industrial**: 8,258,000,000 US dollars - **Transportation and Electronics**: 6,386,000,000 US dollars - **Consumer**: 3,702,000,000 US dollars - **Research, development and related expenses**: 803,000,000 US dollars - **Selling, general and administrative expenses**: 3,322,000,000 US dollars - **Gain on business divestitures**: 0 US dollars - **Revenue before reconciliation (calculated)**: 18,346,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Corporate and Unallocated**: 193,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Other**: 26,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Net income (loss) from discontinued operations, net of taxes**: 164,000,000 US dollars. Reported below-tax contribution to net income. - **Less: Net income (loss) attributable to noncontrolling interest**: negative 15,000,000 US dollars. Reported below-tax contribution to net income. - **Income (loss) from unconsolidated subsidiaries, net of taxes**: 7,000,000 US dollars. Reported below-tax contribution to net income. - **Safety and Industrial costs (calculated)**: 6,339,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Transportation and Electronics costs (calculated)**: 5,041,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Consumer costs (calculated)**: 3,004,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 444,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. ## Chart details: Revenue by Geography (3 categories) - Page: https://plicit.ai/financials/mmm/fy2024-ytd-q3-income-statement/revenue-by-geography-3-categories - Chart image: https://plicit.ai/charts/mmm-fy2024-ytd-q3-revenue-by-geography-3-categories-sankey.png Income statement for 2024-01-01 through 2024-09-30. View: Geography (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 18,565,000,000 US dollars - **Cost of sales**: 10,703,000,000 US dollars - **Gross profit (calculated)**: 7,862,000,000 US dollars - **Operating expenses (calculated)**: 4,125,000,000 US dollars - **Operating income (loss)**: 3,737,000,000 US dollars - **Other expense (income), net**: 323,000,000 US dollars - **Income (loss) from continuing operations before income taxes**: 4,060,000,000 US dollars - **Provision (benefit) for income taxes**: 771,000,000 US dollars - **Net income (loss) attributable to 3M**: 3,445,000,000 US dollars - **Americas**: 10,114,000,000 US dollars - **Asia Pacific**: 5,272,000,000 US dollars - **Europe, Middle East and Africa**: 3,179,000,000 US dollars - **Research, development and related expenses**: 803,000,000 US dollars - **Selling, general and administrative expenses**: 3,322,000,000 US dollars - **Gain on business divestitures**: 0 US dollars - **Net income (loss) from discontinued operations, net of taxes**: 164,000,000 US dollars. Reported below-tax contribution to net income. - **Less: Net income (loss) attributable to noncontrolling interest**: negative 15,000,000 US dollars. Reported below-tax contribution to net income. - **Income (loss) from unconsolidated subsidiaries, net of taxes**: 7,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. ## Chart details: Revenue by Geography (2 categories) - Page: https://plicit.ai/financials/mmm/fy2024-ytd-q3-income-statement/revenue-by-geography-2-categories - Chart image: https://plicit.ai/charts/mmm-fy2024-ytd-q3-revenue-by-geography-2-categories-sankey.png Income statement for 2024-01-01 through 2024-09-30. View: Geography (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 18,565,000,000 US dollars - **Cost of sales**: 10,703,000,000 US dollars - **Gross profit (calculated)**: 7,862,000,000 US dollars - **Operating expenses (calculated)**: 4,125,000,000 US dollars - **Operating income (loss)**: 3,737,000,000 US dollars - **Other expense (income), net**: 323,000,000 US dollars - **Income (loss) from continuing operations before income taxes**: 4,060,000,000 US dollars - **Provision (benefit) for income taxes**: 771,000,000 US dollars - **Net income (loss) attributable to 3M**: 3,445,000,000 US dollars - **UNITED STATES**: 8,100,000,000 US dollars - **China/Hong Kong**: 2,100,000,000 US dollars - **Undisclosed (calculated)**: 8,365,000,000 US dollars - **Research, development and related expenses**: 803,000,000 US dollars - **Selling, general and administrative expenses**: 3,322,000,000 US dollars - **Gain on business divestitures**: 0 US dollars - **Net income (loss) from discontinued operations, net of taxes**: 164,000,000 US dollars. Reported below-tax contribution to net income. - **Less: Net income (loss) attributable to noncontrolling interest**: negative 15,000,000 US dollars. Reported below-tax contribution to net income. - **Income (loss) from unconsolidated subsidiaries, net of taxes**: 7,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.