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51
Consolidated Statement of Changes in Equity
3M Company and Subsidiaries
Ye
ars Ended December 31
3M Company Shareholders
(Dollars in millions, except per share amounts)
Total
Common
Stock and
Additional
Paid-in
Capital
Retained
Earnings
Treasury
Stock
Accumulated
Other
Comprehen-
sive Income
(Loss)
Non-
contr
olling
Interest
Balance at December 31, 2011
$
15,862
$
3,776
$
28,348
$
(11,679)
$
(5,025)
$
442
Net income
4,511
4,444
67
Other comprehensive income (loss), net of tax:
Cumulative translation adjustment
71
116
(45)
Defined benefit pension and post-retirement
plans adjustment
201
200
1
Debt and equity securities - unrealized gain
(loss)
4
4
―
Cash flow hedging instruments - unrealized
gain (loss)
(45)
(45)
―
Total other comprehensive income (loss), net
of tax
231
Dividends declared ($2.36 per share)
(1,635)
(1,635)
Stock-based compensation, net of tax impacts
277
277
Reacquired stock
(2,220)
(2,220)
Issuances pursuant to stock option and
benefit plans
1,014
(478)
1,492
Balance at December 31, 2012
$
18,040
$
4,053
$
30,679
$
(12,407)
$
(4,750)
$
465
Net income
4,721
4,659
62
Other comprehensive income (loss), net of tax:
Cumulative translation adjustment
(505)
(418)
(87)
Defined benefit pension and post-retirement
plans adjustment
1,245
1,240
5
Debt and equity securities - unrealized gain
(loss)
―
―
―
Cash flow hedging instruments - unrealized
gain (loss)
15
15
―
Total other comprehensive income (loss),
net of tax
755
Dividends declared ($3.395 per share, Note 5)
(2,297)
(2,297)
Sale of subsidiary shares
8
7
1
Stock-based compensation, net of tax impacts
324
324
Reacquired stock
(5,216)
(5,216)
Issuances pursuant to stock option and
benefit plans
1,613
(625)
2,238
Balance at December 31, 2013
$
17,948
$
4,384
$
32,416
$
(15,385)
$
(3,913)
$
446