3M Facts
Year-end 2008
3M is one of 30 companies in the Dow Jones Industrial Average and also is a component of the Standard & Poor's 500 Index.
Sales
Worldwide
$25.269 billion
International
$16.090 billion
64 percent of company's total
Net Income
Net Income
$3.460 billion
Percent to sales
13.7 percent
Earnings per share – diluted
$4.89
Taxes
Income tax expense
$1.588 billion
Dividends
(Paid every quarter since 1916)
Cash dividends per share
$2.00
One original share, if held, is now
3,072 shares
R&D and Related Expenditures
Total for last five years
$6.711 billion
Capital Spending
Total for last five years
$5.941 billion
Employees
Leadership
Organization
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More than 35 business units, organized into six businesses:
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Consumer and Office
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Display and Graphics
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Electro and Communications
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Health Care
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Industrial and Transportation
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Safety, Security and Protection Services
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Operations in more than 60 countries – 35 international companies with manufacturing operations, 34 with laboratories.
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In the United States, operations in 29 states.
Technology
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45 technology platforms, including:
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Adhesives
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Abrasives
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Light Management
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Microreplication
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Nonwoven Materials
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Nanotechnology
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Surface Modification
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7,000 researchers worldwide; 3,700 in the United States.
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U.S. Patents Awarded – 561
U.S. Community Giving
In 2008, 3M and the 3M Foundation donated nearly $49 million in cash and products to U.S. educational and charitable institutions.