Table of Content
COMPANY EXECUTIVE SUMMARY 1
Table of Contents 2
Tables 6
Charts 7
3M Company-Key Company Facts 8
3M Company- Company Description 9
3M Company- Top Executives 10
3M Company- Head Office & Locations 11
Head Office - Country 11
3M Company- Productsand Services 12
Products 12
3M Company-Company’sMission and Vision 19
Vision 19
3M Company- Corporate Strategy 20
3M Company- Business Description 27
Safety and Industrial 27
Transportation and Electronics 28
Health Care 28
Consumer 29
3M Company- ESG Spotlight 30
Environment 30
Social 31
Corporate Governance 32
3M Company- SWOT Analysis 33
Overview 33
Strengths 35
Weaknesses 38
Opportunities 39
Threats 41
3M Company- PESTLE Analysis 43
Overview 43
Political Factors 45
Economic Factors 47
Social Factors 49
Technological Factors 51
Legal Factors 54
Environmental Factors 55
3M Company- Financial Deep Dive 57
Share Price Trend - Nov-2023 to Nov-2024 (Average Share Closing Price) 57
Profit and Loss Statement 59
Summary of Profit and Loss Statement 59
Balance Sheet 61
Summary of Balance Sheet 61
Cash Flow Statement 63
Summary of Cash Flow Statement 63
Key Financial Ratio Analysis 65
3M Company- Ratio Charts 66
Activity Ratio Charts 66
Growth Ratios Charts 67
Leverage Ratio Charts 68
Liquidity Ratio Charts 69
Profitability Ratio Charts 70
Competing Players 71
Snapshot of Competing Players 72
Caterpillar Inc. 72
Key Company Facts 72
Company Description 72
Corning Inc 73
Key Company Facts 73
Company Description 73
Danaher Corporation 74
Key Company Facts 74
Company Description 74
General Electric Company 75
Key Company Facts 75
Company Description 75
Honeywell International Inc. 76
Key Company Facts 76
Company Description 76
3M Company - In the News 77
09-Oct-2024 -Scotch Magic Tape voted ’Coolest Thing Made in Minnesota’ 77
03-Oct-2024 -3M achieves Science Based Targets initiative validation, strengthening commitment to decarbonization and customer innovation 78
02-Oct-2024 -3M calls for collaborative solutions to mobility challenges 79
01-Oct-2024 -3M introduces WorkTunes Connect + Solar Hearing Protector, a first-of-its-kind continuous solar charging headset for consumers 81
17-Sep-2024 -3M’s new docuseries, Green Works, highlights the talent supporting the green transition 83
14-May-2024 -3M Annual Meeting Highlights Progress on Strategic Priorities, Improving Execution 85
30-Apr-2024 -3M First-Quarter Results Driven by Strong Operational Performance; Company Initiates Full-Year 2024 Guidance Reflecting Completion of Solventum Spin 88
29-Apr-2024 -Scotch-Brite continues to build sustainability into its Greener Clean products 90
03-Apr-2024 -3M launches new Verify app to help tackle counterfeit personal protective equipment 91
01-Apr-2024 -3M Completes Spin-off of Solventum 92
26-Mar-2024 -3M invests in hydrogen electrolyzer manufacturer EVOLOH 94
25-Mar-2024 -3M introduces a world’s first innovation to help redefine shipping and packaging 95
12-Mar-2024 -3M Announces New Leadership Appointments 96
08-Mar-2024 -3M Board of Directors Approves Spin-off of Solventum 98
21-Feb-2024 -3M Announces Filing of Form 10 Registration Statement for Planned Spin-Off of Health Care Business as Solventum 102
3M Company - Key Deals 104
03-May-2024 - 3M expands facility in Valley, Nebraska 104
01-Apr-2024 - 3M Settlement with Public Water Suppliers to Address PFAS in Drinking Water Receives Final Court Approval 105
26-Mar-2024 - Combat Arms Earplugs Settlement Moves to Final Resolution 107
07-Mar-2024 - 3M and HD Hyundai KSOE to collaborate on joint research project to help insulate liquid hydrogen storage tanks 109
29-Jan-2024 - Combat Arms Earplugs Settlement Set to Exceed 98% Participation Milestone 110
15-Jan-2024 - Combat Arms Earplug Settlement Achieves Another Milestone with Participation of All Wave Plaintiffs 112
27-Dec-2023 - Combat Arms Earplugs Settlement Implementation Reaches Next Milestone 114
14-Dec-2023 - 3M sells equity stake in Combi Packaging Systems, LLC 116
01-Aug-2023 - 3M completes sale of dental local anesthetic portfolio assets to Pierrel 118
31-May-2023 - 3M to invest nearly $150 million to advance capabilities in biopharma filtration technology 120
Appendix 121
Definitions 121
SWOT Analysis 121
PESTLE Analysis 121
Value Chain Analysis 121
ESG Spotlight 121
Financial Deep Dive 121
Financial Ratios- 122
Activity Ratios 122
Growth Ratios 123
Leverage Ratios 124
Liquidity Ratios 125
Market Ratios 126
Profitability Ratios 126
Research Methodology 127
Disclaimer 128
Contact Us 128
List of Figures
Charts
Figure 1: 3M Company- SWOT Analysis 34
Figure 2: 3M Company-PESTLE Analysis 44
Figure 3: 3M Company-Average Share Price Trend - Nov-2023to Nov-2024 58
Figure 4: 3M Company- Profit and Loss Statement -2020-2023 60
Figure 5: 3M Company- Balance Sheet-2020-2023 62
Figure 6: 3M Company- Cash Flow Statement 2020-2023 64
Figure 7: 3M Company- Activity Ratio Charts 66
Figure 8: 3M Company- Growth Ratio Charts (Value %) 67
Figure 9: 3M Company- Leverage Ratio Charts 68
Figure 10: 3M Company- Liquidity Ratio Charts 69
Figure 11: 3M Company- Profitability Ratio Charts (Value %) 70
List of Tables
Tables
Table 1: 3M Company - Company Facts
Table 2: 3M Company - Digital Presence
Table 3: 3M Company- Top Executives
Table 4: 3M Company- Products
Table 5: 3M Company - Share Price Trend - Nov-2023to Nov-2024
Table 6: 3M Company - Ratio Analysis -2020-2023
Table 7: 3M Company - Competing Players
Table 8: Competing Players - Caterpillar Inc. - Key Company Facts
Table 9: Competing Players - Corning Inc - Key Company Facts
Table 10: Competing Players - Danaher Corporation - Key Company Facts
Table 11: Competing Players - General Electric Company - Key Company Facts
Table 12: Competing Players - Honeywell International Inc. - Key Company Facts