3M 2015 Annual Report Download - page 33
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Please find page 33 of the 2015 3M annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.TableofContents
Asummaryofkeyinformationanddiscussionrelatedto3M’sgeographicareasfollow:
2015
Europe, Latin
United Asia MiddleEast America/ Other
States Pacific &Africa Canada Unallocated Worldwide
Netsales(millions) $ 12,049 $ 9,041 $ 6,228 $ 2,982 $ (26)$ 30,274
%ofworldwidesales 39.8 % 29.9 % 20.5 % 9.8 % — 100.0 %
Componentsofnetsaleschange:
Volume—organic 1.7 % 0.9 % (1.0)% (3.1)% — 0.2 %
Price 0.4 — 1.8 4.6 — 1.1
Organiclocal-currencysales 2.1 0.9 0.8 1.5 — 1.3
Acquisitions 1.2 0.4 0.7 0.7 — 0.8
Divestitures (0.4) (0.1) (0.1) (0.2) — (0.2)
Translation — (5.2) (14.9) (16.9) — (6.8)
Totalsaleschange 2.9 % (4.0)% (13.5)% (14.9)% — (4.9)%
Operatingincome(millions) $ 2,647 $ 2,580 $ 1,017 $ 706 $ (4)$ 6,946
Percentchange 4.2 % 3.8 % (17.5)% (18.5)% — (2.6)%
Fortotalyear2015,asshownintheprecedingtable,salesdeclined4.9percent,withorganicvolumeincreasesof0.2percentand
sellingpriceincreasesof1.1percent.Acquisitionsadded0.8percent,whiledivestituresreducedsalesby0.2percent.Foreign
currencytranslationreducedsalesby6.8percent.Organiclocal-currencysalesincreased,2.1percentintheUnitedStates,1.5
percentinLatinAmerica/Canada,0.9percentinAsiaPacific,and0.8percentinEMEA.For2015,internationaloperations
represented60.2percentof3M’ssales.
2014
Europe, Latin
United Asia MiddleEast America/ Other
States Pacific &Africa Canada Unallocated Worldwide
Netsales(millions) $ 11,714 $ 9,418 $ 7,198 $ 3,504 $ (13) $ 31,821
%ofworldwidesales 36.8 % 29.6 % 22.6 % 11.0 % — 100.0 %
Componentsofnetsaleschange:
Volume—organic 4.4 % 6.2 % 2.1 % 0.2 % — 3.9 %
Price 0.5 0.1 1.1 4.3 — 1.0
Organiclocal-currencysales 4.9 6.3 3.2 4.5 — 4.9
Acquisitions 0.2 — — — — 0.1
Divestitures (0.1) — — — — —
Translation — (2.2) (1.6) (7.5) — (1.9)
Totalsaleschange 5.0 % 4.1 % 1.6 % (3.0)% — 3.1 %
Operatingincome(millions) $ 2,540 $ 2,487 $ 1,234 $ 867 $ 7 $ 7,135
Percentchange 14.9 % 4.2 % 5.7 % (4.5)% — 7.0 %
Fortotalyear2014,asshownintheprecedingtable,salesrose3.1percent,withorganicvolumeincreasesof3.9percentand
sellingpriceincreasesof1.0percent.Acquisitionsadded0.1percent,whileforeigncurrencytranslationreducedsalesby1.9
percent.Organiclocal-currencysalesincreased6.3percentinAsiaPacific,4.9percentintheUnitedStates,4.5percentinLatin
America/Canada,and3.2percentinEMEA.For2014,internationaloperationsrepresented63.2percentof3M’ssales.
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