3M 2010 Annual Report Download - page 47

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41
Item 8. Financial Statements and Supplementary Data.
Index to Financial Statements
Beginning
page
Management’s Responsibility for Financial Reporting ....................................................................................
42
Management’s Report on Internal Control Over Financial Reporting .............................................................
42
Report of Independent Registered Public Accounting Firm ............................................................................
43
Consolidated Statement of Income for the years ended December 31, 2010, 2009 and 2008 ......................
44
Consolidated Balance Sheet at December 31, 2010 and 2009 ......................................................................
45
Consolidated Statement of Changes in Equity and Comprehensive Income for the years ended
December 31, 2010, 2009 and 2008 ...........................................................................................................
46
Consolidated Statement of Cash Flows for the years ended December 31, 2010, 2009 and 2008 ...............
48
Notes to Consolidated Financial Statements ..................................................................................................
49
Note 1. Significant Accounting Policies ...................................................................................................
49
Note 2. Acquisitions and Divestitures ......................................................................................................
56
Note 3. Goodwill and Intangible Assets ...................................................................................................
60
Note 4. Restructuring Actions and Exit Activities .....................................................................................
62
Note 5. Supplemental Balance Sheet Information ...................................................................................
64
Note 6. Supplemental Equity and Comprehensive Income Information ..................................................
65
Note 7. Supplemental Cash Flow Information .........................................................................................
67
Note 8. Income Taxes ..............................................................................................................................
68
Note 9. Marketable Securities ..................................................................................................................
71
Note 10. Long-Term Debt and Short-Term Borrowings ...........................................................................
73
Note 11. Pension and Postretirement Benefit Plans................................................................................
76
Note 12. Derivatives .................................................................................................................................
91
Note 13. Fair Value Measurements .........................................................................................................
95
Note 14. Commitments and Contingencies .............................................................................................
100
Note 15. Employee Savings and Stock Ownership Plans .......................................................................
110
Note 16. Stock-Based Compensation ......................................................................................................
111
Note 17. Business Segments ...................................................................................................................
114
Note 18. Geographic Areas .....................................................................................................................
117
Note 19. Quarterly Data (Unaudited) .......................................................................................................
117