2017 Business Financials

Transcription

1 2017 Business Financials

2 3M Company Sales $30,274 $30,109 $31, % Organic Local Currency Growth +1.3% -0.1% +5.2% GAAP Operating Income $6,946 $7,223 $7, % Operating Margin 22.9% 24.0% 24.7% Electronics & Energy 16% Consumer 15% Group* Industrial 35% Our Strategies Health Care 18% Safety & Graphics 19% - Expand Relevance to our Customers and our Presence in the Marketplace - Gain Profitable Market Share and Accelerate Market Penetration Everywhere - Invest in Innovation: Invigorate Existing Market Opportunities and Focus on Emerging Megatrends - Intensify Capabilities to Achieve Regional Self-Sufficiency - Build High Performing and Diverse Global Talent - Drive Consistent Superior Levels of Operational Excellence 31% 10% 20% 39% 3M business segment reporting measures include dual credit for certain sales. The aggregate percent of 3M sales by business group exceeds 100% due to dual credit sales being eliminated at the total company level. Refer to the business segment footnote in 3M s 2017 Annual Report on Form 10-K, dated 2/8/2018 for details. 2

3 Industrial Sales $10,388 $10,399 $10, % Organic Local Currency Growth +0.3% -0.1% +4.9% GAAP Operating Income $2,277 $2,395 $2, % Operating Margin 21.9% 23.0% 21.0% Advanced Mat'ls 11% Separation & Purification 8% Adhesives & Tapes 36% Industrial abrasives Auto body repair solutions Car care DIY Structural adhesives and tapes Filtration and purification systems Specialty additives Tapes and fasteners for personal hygiene products Abrasives 14% 27% 10% Transportation 32% 40% 23% 3

4 Safety & Graphics Sales $5,736 $5,881 $6, % Organic Local Currency Growth +1.8% +2.1% +6.1% GAAP Operating Income $1,332 $1,423 $2, % Operating Margin 23.2% 24.2% 23.6% Respiratory, hearing and eye protection solutions Reflective signage for highway and construction safety Premium large format graphic films for advertising and fleet signage Roofing granules for asphalt shingles Building safety solutions Architectural design solutions for surfaces Commercial Solutions 28% Transportation Safety 18% 25% Roofing granules 6% 12% Personal Safety 48% 39% 24% 4

5 Health Care Sales $5,449 $5,566 $5, % Organic Local Currency Growth +3.6% +3.6% +3.9% GAAP Operating Income $1,730 $1,763 $1, % Operating Margin 31.7% 31.7% 30.6% Skin and wound care (transparent IV dressings and tapes) Infection prevention (auscultation, specialty drapes and surgical clippers) Patient warming solutions Oral care solutions Coding and reimbursement software Drug delivery (inhalation systems) Food safety indicator solutions Drug Delivery 8% Health Info Sys 14% 18% Food Safety 5% Oral Care 23% 9% Medical Consumables 50% 49% 24% 5

6 Electronics & Energy Sales $5,069 $4,643 $5, % Organic Local Currency Growth -1.2% -7.8% 11.0% GAAP Operating Income $1,083 $1,041 $1, % Operating Margin 21.4% 22.4% 24.3% Electronics 68% Optically clear adhesives, Novec fluorochemicals, transport solutions and flexible circuits for electronic components Light management films that enhance brightness and provide energy efficiency in liquid crystal displays (LCD) Electrical vinyl rubber and mastic tapes Medium voltage cable accessories, OEM insulation tapes Telecommunications copper splicing Fiber splicing/connectivity Energy 32% 5% 18% 11% 66% 6

7 Consumer Sales $4,429 $4,484 $4, % Organic Local Currency Growth +3.3% +1.8% +1.7% GAAP Operating Income $1,048 $1,065 $ % Operating Margin 23.7% 23.7% 21.6% Consumer tapes Repositionable notes Home air filtration Cleaning products for the home Consumer bandages braces and supports Retail abrasives Home Care 22% Stationery & Office 29% 20% Consumer Health Care 9% 9% Home Improvement 40% 60% 11% 7

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