3M 2010 Annual Report Download - page 14

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8
Executive Officers (continued)
Name
Age
Present Position
Year
Elected to
Present
Position
Other Positions Held During 2006-2010
Hak Cheol Shin ...........
53
Executive Vice President,
Industrial and Transportation
Business
2006
Marschall I. Smith ........
66
Senior Vice President, Legal
Affairs and General Counsel
2007
Vice President and General Counsel
Brunswick Corporation, 2001-2007
Inge G. Thulin ..............
57
Executive Vice
President, International
Operations
2004
John K. Woodworth .....
59
Senior Vice President,
Corporate Supply Chain
Operations
2006
Vice President, Asia Pacific, 2004-
2006
Cautionary Note Concerning Factors That May Affect Future Results
This Annual Report on Form 10-K, including “Management’s Discussion and Analysis of Financial Condition and
Results of Operations” in Item 7, contains forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. The Company may also make forward-looking statements in other reports filed with
the Securities and Exchange Commission, in materials delivered to shareholders and in press releases. In addition,
the Company’s representatives may from time to time make oral forward-looking statements.
Forward-looking statements relate to future events and typically address the Company’s expected future business
and financial performance. Words such as “plan,” “expect,” “aim,” “believe,” “project,” “target,” “anticipate,” “intend,”
“estimate,” “will,” “should,” “could” and other words and terms of similar meaning, typically identify such forward-
looking statements. In particular, these include, among others, statements relating to the Company’s
x strategy for growth, future revenues, earnings, cash flow, uses of cash and other measures of financial
performance, and market position,
x worldwide economic and capital markets conditions, such as interest rates, foreign currency exchange rates,
and financial conditions of our suppliers and customers,
x new business opportunities, product development, and future performance or results of current or anticipated
products,
x the scope, nature or impact of acquisition, strategic alliance and divestiture activities,
x the outcome of contingencies, such as legal and regulatory proceedings,
x future levels of indebtedness, common stock repurchases and capital spending,
x future availability of and access to credit markets,
x pension and postretirement obligation assumptions and future contributions, asset impairments, tax liabilities,
and
x the effects of changes in tax, environmental and other laws and regulations in the United States and other
countries in which we operate.
The Company assumes no obligation to update or revise any forward-looking statements.
Forward-looking statements are based on certain assumptions and expectations of future events and trends that are
subject to risks and uncertainties. Actual future results and trends may differ materially from historical results or those
reflected in any such forward-looking statements depending on a variety of factors. Important information as to these
factors can be found in this document, including, among others, “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” under the headings of “Overview”, “Critical Accounting Estimates” and
“Financial Condition and Liquidity.” Discussion of these factors is incorporated by reference from Part I, Item 1A,
“Risk Factors,” of this document, and should be considered an integral part of Part II, Item 7, “Management’s
Discussion and Analysis of Financial Condition and Results of Operations.” For additional information concerning
factors that may cause actual results to vary materially from those stated in the forward-looking statements, see our
reports on Form 10-K, 10-Q and 8-K filed with the SEC from time to time.