3M 2013 Annual Report Download - page 20

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14
Item 6. Selected Financial Data.
(Dollars in millions, except per share amounts)
2013
2012
2011
2010
2009
Years ended December 31:
Net sales
$
30,871
$
29,904 $
29,611 $
26,662
$
23,123
Net income attributable to 3M
4,659
4,444 4,283 4,085
3,193
Per share of 3M common stock:
Net income attributable to 3M — basic
6.83
6.40 6.05 5.72
4.56
Net income attributable to 3M — diluted
6.72
6.32 5.96 5.63
4.52
Cash dividends declared per 3M common share
3.395
2.36 2.20 2.10
2.04
Cash dividends paid per 3M common share
2.54
2.36 2.20 2.10
2.04
At December 31:
Total assets $
33,550 $
33,876 $
31,616 $
30,156
$
27,250
Long-term debt (excluding portion due within
one year) and long-term capital lease
obligations 4,384 4,987 4,563 4,277
5,204
3M has historically declared and paid dividends in the same quarter. In December 2013, 3M’s Board of Directors declared
a first-quarter 2014 dividend of $0.855 per share (payable in March 2014). This resulted in total year 2013 declared
dividends of $3.395 per share, with $2.54 per share paid in 2013 and the additional $0.855 per share to be paid in March
2014.
Items included in the preceding table which had a significant impact on results are summarized as follows. 2010 included
a one-time, non-cash income tax charge of $84 million, or 12 cents per diluted share, resulting from the March 2010
enactment of the Patient Protection and Affordable Care Act, including modifications made in the Health Care and
Education Reconciliation Act of 2010. 2009 results included net losses that decreased operating income by $194 million
and net income attributable to 3M by $119 million. 2009 included restructuring actions ($209 million pre-tax, $128 million
after tax and noncontrolling interest), which were partially offset by a gain on sale of real estate ($15 million pre-tax, $9
million after tax).