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TableofContents
Thelocationintheconsolidatedstatementsofincomeandamountsofgainsandlossesrelatedtoderivativeinstrumentsnot
designatedashedginginstrumentsareasfollows:
Gain(Loss)onDerivativeRecognizedinIncome
    Yearended   Yearended   Yearended
    December31, December31, December31,
DerivativesNotDesignatedasHedgingInstruments     2015   2014   2013
(Millions) Location   Amount   Amount   Amount
Foreigncurrencyforward/optioncontracts Costofsales $ 5  $ 10  $ 20 
Foreigncurrencyforwardcontracts Interestexpense   (30)  (40)  (43)
Commoditypriceswapcontracts Costofsales   (3)  —   (1)
Total    $ (28) $ (30) $ (24)
LocationandFairValueAmountofDerivativeInstruments:
Thefollowingtablessummarizethefairvalueof3M’sderivativeinstruments,excludingnonderivativeinstrumentsusedashedging
instruments,andtheirlocationintheconsolidatedbalancesheet.Notionalamountsbelowarepresentedatperiodendforeign
exchangerates,exceptforcertaininterestrateswaps,whicharepresentedusingtheinceptiondate’sforeignexchangerate.
AdditionalinformationwithrespecttothefairvalueofderivativeinstrumentsisincludedinNote13.
Gross  Assets  Liabilities
December31,2015 Notional   Fair   Fair 
(Millions) Amount Location ValueAmount Location ValueAmount
Derivativesdesignatedas  
hedginginstruments  
Foreigncurrencyforward/optioncontracts $ 2,815  Othercurrentassets $ 148  Othercurrentliabilities $ 14
Foreigncurrencyforward/optioncontracts 1,240  Otherassets 61  Otherliabilities 3
Interestrateswapcontracts 1,753  Otherassets 24  Otherliabilities 1
Totalderivativesdesignatedashedging
instruments   $ 233 $ 18
     
Derivativesnotdesignatedas      
hedginginstruments      
Foreigncurrencyforward/optioncontracts $ 5,359  Othercurrentassets $ 63  Othercurrentliabilities $ 51
Totalderivativesnotdesignatedashedging
instruments   $ 63 $ 51
     
Totalderivativeinstruments   $ 296 $ 69
Gross  Assets  Liabilities
December31,2014 Notional   Fair   Fair 
(Millions) Amount Location ValueAmount Location ValueAmount
Derivativesdesignatedas       
hedginginstruments       
Foreigncurrencyforward/optioncontracts $ 1,865  Othercurrentassets $ 116  Othercurrentliabilities $ 2
Foreigncurrencyforward/optioncontracts   656 Otherassets   47 Otherliabilities   1
Commoditypriceswapcontracts 20  Othercurrentassets —  Othercurrentliabilities 4
Interestrateswapcontracts 1,003  Otherassets 27  Otherliabilities 3
Totalderivativesdesignatedashedging
instruments   $ 190 $ 10
     
Derivativesnotdesignatedas      
hedginginstruments      
Foreigncurrencyforward/optioncontracts $ 6,582  Othercurrentassets $ 66  Othercurrentliabilities $ 33
Totalderivativesnotdesignatedashedging
instruments    $ 66  $ 33
      
Totalderivativeinstruments    $ 256  $ 43
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