What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to inform investors about significant realignments of 3M's business segments that occurred in the first quarter of 2007. This update ensures that segment reporting accurately reflects the company's operational structure and strategic focus.

What is the 'Track and Trace' initiative and where is it housed?

The 'Track and Trace' initiative is a new emerging business opportunity focused on tracking high-value assets and managing medical/legal records. It has been established within 3M's Safety, Security and Protection Services segment, consolidating various related efforts and integrating businesses such as HighJump Software.

Which products or businesses have moved between segments?

Several notable moves include: HighJump Software and certain Track and Trace products to Safety, Security and Protection Services; Visual Systems business to Electro and Communications; ACCR electrical power cable to Electro and Communications; certain adhesives, tapes, and consumer respirators to Consumer and Office; and Film Manufacturing and Supply Chain Operations to Display and Graphics.

How will these segment changes affect reported financial results?

Segment information for all periods presented in the company's financial reports, starting from this filing and onward, will reflect the impact of these realignments. This means historical segment performance data will be restated to align with the new structure, providing a consistent view for analysis.

MMM 8-K SEC Disclosure — May 25, 2007

Summary

This 8-K filing by 3M Company (MMM) on May 25, 2007, primarily serves to update investors on significant business segment realignments that took effect in the first quarter of 2007. These changes are part of 3M's ongoing strategy to drive growth by better aligning its businesses with evolving markets and customer needs. The report details specific product and business unit transfers between existing segments to foster synergies and enhance focus on strategic growth areas. Key adjustments include the creation of a new "Track and Trace" initiative within the Safety, Security and Protection Services segment, consolidating various related efforts and integrating businesses like HighJump Software. Other notable moves involve the transfer of the Visual Systems business to Electro and Communications, the ACCR electrical power cable to Electro and Communications, and shifts in certain adhesives, tapes, and respirator products to better serve consumer and electronics markets. These realignments are reflected across the company's segment reporting, including its 2006 Annual Report and subsequent financial disclosures.

Key Highlights

13M has realigned its six operating business segments to better align with markets and customers, effective Q1 2007.
2A new 'Track and Trace' initiative has been established within the Safety, Security and Protection Services segment, consolidating related efforts and incorporating HighJump Software.
3The Visual Systems business (projectors and film) has moved from Consumer and Office to the Electro and Communications segment.
43M's ACCR electrical power cable product is now part of the Electro and Communications segment to leverage synergies with the Electrical Markets business.
5Certain adhesives and tapes, as well as specific consumer respirator products, have been reallocated to enhance focus and market alignment.
6Film Manufacturing and Supply Chain Operations have been transferred to the Display and Graphics Business from Corporate.
7Updated segment information reflecting these changes will be incorporated into the company's 2006 Annual Report and subsequent filings.

3M CO 8-K Report, Corporate Update (May 25, 2007)

Summary

Key Highlights

Frequently Asked Questions