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3
3M COMPANY
ANNUAL REPORT ON FORM 10-K
For the Year Ended December 31, 2013
PART I
Item 1. Business.
3M Company was incorporated in 1929 under the laws of the State of Delaware to continue operations begun in 1902.
The Company’s ticker symbol is MMM. As used herein, the term “3M” or “Company” includes 3M Company and its
subsidiaries unless the context indicates otherwise. In this document, for any references to Note 1 through Note 17, refer
to the Notes to Consolidated Financial Statements in Item 8.
Available Information
The SEC maintains a website that contains reports, proxy and information statements, and other information regarding
issuers, including the Company, that file electronically with the SEC. The public can obtain any documents that the
Company files with the SEC at http://www.sec.gov. The Company files annual reports, quarterly reports, proxy statements
and other documents with the Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934
(Exchange Act). The public may read and copy any materials that the Company files with the SEC at the SEC’s Public
Reference Room at 100 F Street, N.E., Washington, D.C. 20549. The public may obtain information on the operation of
the Public Reference Room by calling the SEC at 1-800-SEC-0330.
3M also makes available free of charge through its website (http://investor.3M.com) the Company’s Annual Report on
Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and, if applicable, amendments to those
reports filed or furnished pursuant to the Exchange Act as soon as reasonably practicable after the Company
electronically files such material with, or furnishes it to, the SEC.
General
3M is a diversified technology company with a global presence in the following businesses: Industrial; Safety and
Graphics; Electronics and Energy; Health Care; and Consumer. 3M is among the leading manufacturers of products for
many of the markets it serves. Most 3M products involve expertise in product development, manufacturing and marketing,
and are subject to competition from products manufactured and sold by other technologically oriented companies.
At December 31, 2013, the Company employed 88,667 people (full-time equivalents), with 34,719 employed in the United
States and 53,948 employed internationally.
Business Segments
As described in Note 15 to the Consolidated Financial Statements, effective in the first quarter of 2013, the Company
completed a realignment of its business segments to better serve global markets and customers. In addition, as described
in Note 16, during the first quarter of 2013, 3M realigned its geographic area structure to include Puerto Rico in the United
States rather than in the Latin America/Canada region. Segment and geographic area information presented herein
reflects the impact of these changes for all periods presented.
3M manages its operations in five operating business segments: Industrial; Safety and Graphics; Electronics and Energy;
Health Care; and Consumer. 3M’s five business segments bring together common or related 3M technologies, enhancing
the development of innovative products and services and providing for efficient sharing of business resources. These
segments have worldwide responsibility for virtually all 3M product lines. Certain small businesses and lab-sponsored
products, as well as various corporate assets and expenses, are not attributed to the business segments. Financial
information and other disclosures relating to 3M’s business segments and operations in major geographic areas are
provided in the Notes to Consolidated Financial Statements.
Industrial Business: The Industrial segment serves a broad range of markets, such as automotive original equipment
manufacturer (OEM) and automotive aftermarket (auto body shops and retail), electronics, appliance, paper and printing,
packaging, food and beverage, and construction. Industrial products include tapes, a wide variety of coated, non-woven
and bonded abrasives, adhesives, advanced ceramics, sealants, specialty materials, 3M Purification Inc. (filtration
products), closure systems for personal hygiene products, acoustic systems products, and components and products that
are used in the manufacture, repair and maintenance of automotive, marine, aircraft and specialty vehicles. In the fourth
quarter of 2012, 3M acquired Ceradyne, Inc., which develops and produces advanced technical ceramics for demanding