3M CompanySt. Paul, MN, United States (NYSE: MMM)

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3M Income Statement

All amounts in millions of except per share amounts.
View: Annual | Quarterly
Quarter
Ending Jun 08
Quarter
Ending Mar 08
Quarter
Ending Dec 07
Quarter
Ending Sep 07
Quarter
Ending Jun 07
Revenue 6,739.0 6,463.0 6,206.0 6,177.0 6,142.0
Cost of Goods Sold 3,510.0 3,336.0 3,298.0 3,240.0 3,175.0
Gross Profit 3,229.0 3,127.0 2,908.0 2,937.0 2,967.0
Gross Profit Margin 47.9% 48.4% 46.9% 47.5% 48.3%
SG&A Expense 1,495.0 1,358.0 1,362.0 1,249.0 1,291.0
Depreciation & Amortization 285.0 268.0 276.0 263.0 279.0
Operating Income 1,449.0 1,501.0 1,270.0 1,425.0 1,397.0
Operating Margin 21.5% 23.2% 20.5% 23.1% 22.7%
Nonoperating Income 18.0 30.0 38.0 37.0 29.0
Nonoperating Expenses 51.0 55.0 71.0 53.0 48.0
Income Before Taxes 1,416.0 1,476.0 1,237.0 1,409.0 1,378.0
Income Taxes 453.0 470.0 378.0 433.0 445.0
Net Income After Taxes 963.0 1,006.0 859.0 976.0 933.0

Continuing Operations 945.0 988.0 851.0 960.0 917.0
Discontinued Operations -- -- -- -- --
Total Operations 945.0 988.0 851.0 960.0 917.0
Total Net Income 945.0 988.0 851.0 960.0 917.0
Net Profit Margin 14.0% 15.3% 13.7% 15.5% 14.9%

Diluted EPS from Total Net Income ($) 1.32 1.38 1.18 1.32 1.25
Dividends per Share 0.50 0.50 0.48 0.48 0.48
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