8-KEarnings & ResultsExhibits & Filings

3M CO 8-K Report, Financial Results (Mar 4, 2008)

Filed March 4, 2008For Securities:MMM

Summary

3M Company (MMM) filed an 8-K on March 4, 2008, primarily to disclose supplemental unaudited historical business segment sales and operating income information. This information is being provided to reflect certain business segment realignments that were effected during the first quarter of 2008. The company will begin reporting comparative results under the new structure with its Form 10-Q filing for the quarter ending March 31, 2008. Investors should note that the provided historical data for the years ended December 31, 2007, 2006, and 2005, has been restated to align with the new segment structure. This realignment aims to provide a clearer and more consistent view of the company's performance across its various business units going forward. The filing itself is informational, providing the underlying data for these segment changes.

Key Highlights

  • 13M Company has realigned its business segments, effective in the first quarter of 2008.
  • 2Supplemental unaudited historical sales and operating income data (2005-2007) is being furnished to reflect the new segment structure.
  • 3This historical data has been restated to align with the new segment reporting.
  • 4The company will begin reporting results under the new segment structure in its Q1 2008 10-Q filing.
  • 5The provided information is furnished and not deemed 'filed' for Section 18 liability purposes.
  • 6Exhibit 99 contains the detailed supplemental business segment information.

Frequently Asked Questions

3M is providing this historical segment data to allow investors and analysts to understand performance trends under the new business segment structure that was implemented in the first quarter of 2008. This ensures comparability across periods as the company transitions to the new reporting framework.

3M will begin reporting its financial results under the newly realigned business segments with the filing of its Quarterly Report on Form 10-Q for the quarter ending March 31, 2008.

The information is furnished under Item 2.02 of Form 8-K, meaning it is provided to the SEC but does not carry the same legal implications under Section 18 of the Exchange Act as information that is formally 'filed'. This distinction is important for potential legal liability related to the accuracy of the furnished information.

The supplemental unaudited historical business segment information, based on the segment realignments, is provided as Exhibit 99 to this Form 8-K filing.