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Cover and table of contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2026

or

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________ to __________

Commission file number: 1-3285

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3M COMPANY

(Exact name of registrant as specified in its charter)

Delaware41-0417775
(State or other jurisdiction of incorporation)(IRS Employer Identification No.)
3M Center, St. Paul, Minnesota55144-1000
(Address of Principal Executive Offices)(Zip Code)
(Registrant’s Telephone Number, Including Area Code) (651) 733-1110
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, Par Value $.01 Per ShareMMMNew York Stock Exchange
MMMNYSE Texas, Inc.
1.500% Notes due 2026MMM26New York Stock Exchange
1.750% Notes due 2030MMM30New York Stock Exchange
1.500% Notes due 2031MMM31New York Stock Exchange

Note: The common stock of the Registrant is also traded on the SIX Swiss Exchange.

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.:

Large accelerated filer☒Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

ClassOutstanding at June 30, 2026
Common Stock, $0.01 par value per share515,722,417 shares

3M COMPANY

Form 10-Q for the Quarterly Period Ended June 30, 2026

TABLE OF CONTENTSPAGE
PART I. Financial Information3
Item 1. Financial Statements3
Consolidated Statement of Income3
Consolidated Statement of Comprehensive Income4
Consolidated Balance Sheet5
Consolidated Statement of Cash Flows6
Notes to Consolidated Financial Statements7
Note 1. Significant Accounting Policies7
Note 2. Revenue7
Note 3. Acquisitions and Divestitures8
Note 4. Goodwill and Intangible Assets9
Note 5. Restructuring Actions9
Note 6. Supplemental Income Statement Information10
Note 7. Supplemental Balance Sheet Information10
Note 8. Supplemental Equity and Comprehensive Income Information11
Note 9. Income Taxes13
Note 10. Earnings Per Share13
Note 11. Long-Term Debt and Short-Term Borrowings13
Note 12. Pension and Postretirement Benefit Plans14
Note 13. Derivatives14
Note 14. Fair Value Measurements and Marketable Securities16
Note 15. Commitments and Contingencies18
Note 16. Business Segments40
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations42
Overview43
Results of Operations44
Performance by Business Segment46
Financial Condition and Liquidity49
Item 3. Quantitative and Qualitative Disclosures About Market Risk52
Item 4. Controls and Procedures52
PART II. Other Information53
Item 1. Legal Proceedings53
Item 1A. Risk Factors53
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds53
Item 3. Defaults Upon Senior Securities53
Item 4. Mine Safety Disclosures53
Item 5. Other Information53
Item 6. Exhibits54

3M COMPANY

FORM 10-Q

For the Quarterly Period Ended June 30, 2026

PART I. Financial Information

Next: Item 1. Financial Statements