3M Co. Files Q1 2024 10-Q Report
Ticker: MMM · Form: 10-Q · Filed: 2024-04-30T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financial-report, quarterly-earnings
Related Tickers: MMM
TL;DR
**3M Q1 2024 10-Q filed. Financials and operations detailed. Check for performance trends.**
AI Summary
3M Company (MMM) filed its 10-Q for the period ending March 31, 2024. The filing details the company's financial performance and operations during the first quarter of 2024. Key financial data and operational segments are presented, providing insight into the company's current business status.
Why It Matters
This report provides investors and analysts with a detailed look at 3M's financial health and operational performance in early 2024, influencing investment decisions and market sentiment.
Risk Assessment
Risk Level: medium — 10-Q filings are standard financial reports, but the specific details within can reveal significant financial health indicators, operational challenges, or strategic shifts that carry inherent investment risk.
Key Numbers
- 2024-03-31 — Period End Date (Indicates the end of the reporting quarter.)
- 2024-01-01 — Period Start Date (Indicates the start of the reporting quarter.)
- 2023-03-31 — Prior Year Quarter End (For year-over-year comparison.)
Key Players & Entities
- 3M CO (company) — Filer of the 10-Q report
- 0000066740 (company) — Central Index Key for 3M CO
- 20240331 (date) — Conformed period of report
- 20240430 (date) — Filed as of date
- ST PAUL (location) — City of 3M's business address
- DE (location) — State of incorporation
FAQ
What were 3M's total revenues for the quarter ending March 31, 2024?
The filing does not explicitly state the total revenue figure in the provided snippet, but it does list the reporting period as January 1, 2024 to March 31, 2024.
What is 3M's fiscal year end date?
3M's fiscal year ends on December 31st.
In which state was 3M incorporated?
3M Company was incorporated in Delaware (DE).
What are some of the operating segments mentioned in the filing?
The filing mentions 'Abrasives' and 'Safety and Industrial Segment' as operating segments.
What is the SEC file number for 3M Company?
The SEC file number for 3M Company is 001-03285.
From the Filing
0000066740-24-000053.txt : 20240430 0000066740-24-000053.hdr.sgml : 20240430 20240430113815 ACCESSION NUMBER: 0000066740-24-000053 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 104 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240430 DATE AS OF CHANGE: 20240430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: 3M CO CENTRAL INDEX KEY: 0000066740 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 410417775 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-03285 FILM NUMBER: 24895060 BUSINESS ADDRESS: STREET 1: 3M CENTER STREET 2: BLDG. 220-13E-26A CITY: ST PAUL STATE: MN ZIP: 55144-1000 BUSINESS PHONE: 6517331474 MAIL ADDRESS: STREET 1: 3M CENTER STREET 2: BLDG. 220-13E-26A CITY: ST. PAUL STATE: MN ZIP: 55144-1000 FORMER COMPANY: FORMER CONFORMED NAME: MINNESOTA MINING & MANUFACTURING CO DATE OF NAME CHANGE: 19920703 10-Q 1 mmm-20240331.htm 10-Q mmm-20240331 0000066740 FALSE --12-31 2024 Q1 25 http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#LongTermDebtNoncurrent http://fasb.org/us-gaap/2023#LongTermDebtNoncurrent P20Y 0000066740 2024-01-01 2024-03-31 0000066740 us-gaap:CommonStockMember exch:XNYS 2024-01-01 2024-03-31 0000066740 us-gaap:CommonStockMember exch:XCHI 2024-01-01 2024-03-31 0000066740 exch:XNYS mmm:Notes1500PercentDue2026Member 2024-01-01 2024-03-31 0000066740 mmm:Notes1750PercentDue2030Member exch:XNYS 2024-01-01 2024-03-31 0000066740 mmm:Notes1.500PercentDue2031Member exch:XNYS 2024-01-01 2024-03-31 0000066740 2024-03-31 xbrli:shares iso4217:USD 0000066740 2023-01-01 2023-03-31 iso4217:USD xbrli:shares 0000066740 2023-12-31 0000066740 2022-12-31 0000066740 2023-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:AbrasivesMember mmm:SafetyAndIndustrialSegmentMember 2024-01-01 2024-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:AbrasivesMember mmm:SafetyAndIndustrialSegmentMember 2023-01-01 2023-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:SafetyAndIndustrialSegmentMember mmm:AutomotiveAftermarketMember 2024-01-01 2024-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:SafetyAndIndustrialSegmentMember mmm:AutomotiveAftermarketMember 2023-01-01 2023-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:ElectricalMarketsMember mmm:SafetyAndIndustrialSegmentMember 2024-01-01 2024-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:ElectricalMarketsMember mmm:SafetyAndIndustrialSegmentMember 2023-01-01 2023-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:IndustrialAdhesivesAndTapesMember mmm:SafetyAndIndustrialSegmentMember 2024-01-01 2024-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:IndustrialAdhesivesAndTapesMember mmm:SafetyAndIndustrialSegmentMember 2023-01-01 2023-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:IndustrialSpecialtiesDivisionMember mmm:SafetyAndIndustrialSegmentMember 2024-01-01 2024-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:IndustrialSpecialtiesDivisionMember mmm:SafetyAndIndustrialSegmentMember 2023-01-01 2023-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:PersonalSafetyMember mmm:SafetyAndIndustrialSegmentMember 2024-01-01 2024-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:PersonalSafetyMember mmm:SafetyAndIndustrialSegmentMember 2023-01-01 2023-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:RoofingGranulesMember mmm:SafetyAndIndustrialSegmentMember 2024-01-01 2024-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:RoofingGranulesMember mmm:SafetyAndIndustrialSegmentMember 2023-01-01 2023-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:SafetyAndIndustrialSegmentMember 2024-01-01 2024-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:SafetyAndIndustrialSegmentMember 2023-01-01 2023-03-31 0000066740 us-gaap:OperatingSegmentsMember mmm:TransportationAndEle