3M 2012 Annual Report Download - page 17
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standardizes its ERP system on a worldwide basis. Any such events could result in legal claims or proceedings, liability or
penalties under privacy laws, disruption in operations, and damage to the Company’s reputation, which could adversely
affect the Company’s business.
* The Company’s future results may be affected by various legal and regulatory proceedings and legal compliance risks,
including those involving product liability, antitrust, environmental, the U.S. Foreign Corrupt Practices Act and other anti-
bribery, anti-corruption, or other matters. The outcome of these legal proceedings may differ from the Company’s
expectations because the outcomes of litigation, including regulatory matters, are often difficult to reliably predict. Various
factors or developments can lead the Company to change current estimates of liabilities and related insurance receivables
where applicable, or make such estimates for matters previously not susceptible of reasonable estimates, such as a
significant judicial ruling or judgment, a significant settlement, significant regulatory developments or changes in
applicable law. A future adverse ruling, settlement or unfavorable development could result in future charges that could
have a material adverse effect on the Company’s results of operations or cash flows in any particular period. For a more
detailed discussion of the legal proceedings involving the Company and the associated accounting estimates, see the
discussion in Note 13 “Commitments and Contingencies” within the Notes to Consolidated Financial Statements.
Item 1B. Unresolved Staff Comments.
None.
Item 2. Properties.
3M’s general offices, corporate research laboratories, and certain division laboratories are located in St. Paul, Minnesota.
The Company operates 93 manufacturing facilities in 30 states. The Company operates 133 manufacturing and
converting facilities in 40 countries outside the United States.
3M owns the majority of its physical properties. 3M’s physical facilities are highly suitable for the purposes for which they
were designed. Because 3M is a global enterprise characterized by substantial intersegment cooperation, properties are
often used by multiple business segments.
Item 3. Legal Proceedings.
Discussion of legal matters is incorporated by reference from Part II, Item 8, Note 13, “Commitments and Contingencies,”
of this document, and should be considered an integral part of Part I, Item 3, “Legal Proceedings.”
Item 4. Mine Safety Disclosures.
Pursuant to Section 1503 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act"), the Company is
required to disclose, in connection with the mines it operates, information concerning mine safety violations or other
regulatory matters in its periodic reports filed with the SEC. For the year 2012, the information concerning mine safety
violations or other regulatory matters required by Section 1503(a) of the Act is included in Exhibit 95 to this annual report.
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities.
Equity compensation plans’ information is incorporated by reference from Part III, Item 12, “Security Ownership of Certain
Beneficial Owners and Management and Related Stockholder Matters,” of this document, and should be considered an
integral part of Item 5. At January 31, 2013, there were 96,263 shareholders of record. 3M’s stock is listed on the New
York Stock Exchange, Inc. (NYSE), the Chicago Stock Exchange, Inc., and the SWX Swiss Exchange. Cash dividends
declared and paid totaled 59 cents per share for each quarter of 2012, and 55 cents per share for each quarter of 2011.
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