3M : Q4 2017 Infographic

Q4 2017 Results

"3M's fourth quarter was marked by record sales, expanded margins and robust organic growth across all business groups andgeographic areas.Our team's performance capped a successful year for our enterprise. For 2017, we posted organic growth of 5percent, along with healthy earnings, cash flow and return on invested capital. Over the last several years, we have accelerated investments in the business-including stepping up research and development and our commercialization efforts-which is evident in our strong results. Going into 2018, we will increase investments further, and are positioned to continue generatingpremium value for our customers and premium returns for our shareholders."

- Inge G. Thulin, Chairman, President and CEO

Q4 Financial Highlights

GAAP earnings per shareOrganic local currency growthOperating income margin

$0.85

+6.0%

22.8%

-54.8% year-on-year

year-on-year

+10 bps year-on-year

Adjusted earnings per share*

Free cash flow conversion*

$2.10

268%

+11.7% year-on-year

Q4 Organic Local Currency Sales Growth-By Business

(year-on-year)

Industrial

Safety and GraphicsHealth Care

Electronics and EnergyConsumer

+3.9%

+10.7%

+3.1%

+11.0%

+5.4%

Investments in research and developmentInvestments in capital expendituresDividends

Share repurchases

$0.4B

$0.5B

$0.7B

$0.5B

Q4 Organic Local Currency Sales Growth-By Geography

(year-on-year)

United States

Europe, Middle East and Africa

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+2.8% +6.8%

Asia Pacific

Latin America and Canada

+11.9% +2.5%

*Q4 Operating cash flow of $1.9B. For full financial data and non-GAAP reconciliations, refer to3M Company's Q4 2017 earnings release dated January 25, 2018, available at investors.3M.com

For more information visit investors.3M.com

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