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

The primary purpose of this 8-K filing is to inform investors about significant reclassifications of product lines between 3M's business segments. This update amends the company's 2009 Annual Report (Form 10-K) to reflect these changes, which became effective in the first quarter of 2010.

Which business segments are affected by these product moves, and what is the impact?

The main product move involves acoustic systems products shifting from the Occupational Health and Environmental Safety Division (part of Safety, Security and Protection Services) to the Automotive Division and Aerospace and Aircraft Maintenance Department (both within Industrial and Transportation). This move is expected to create an acoustic center of excellence within the Industrial and Transportation segment. For the full year 2009, this resulted in an increase of $116 million in net sales for Industrial and Transportation, offset by a corresponding decrease in net sales for Safety, Security and Protection Services.

How will these segment changes affect 3M's reported financial results?

The segment changes themselves do not alter 3M's overall consolidated financial results. However, they will change how revenues and other segment-level performance metrics are reported across different business segments. The filing provides updated historical data for the full year 2009 to reflect these reclassifications, and this adjusted reporting will apply to all periods presented going forward.

Does this filing contain any new financial performance information beyond segment reclassifications?

No, this 8-K filing is specifically focused on the reclassification of business segments and the updated historical reporting associated with these changes. It does not introduce new information regarding current financial performance, executive changes, new accounting pronouncements, or significant developments in commitments and contingencies. For such updates, investors should refer to 3M's subsequent Quarterly Reports on Form 10-Q filed in 2010.

MMM 8-K SEC Disclosure — May 17, 2010

Summary

This Form 8-K filing from 3M Company (MMM) on May 17, 2010, serves primarily to update its 2009 Form 10-K. The key event reported is the reclassification of certain product lines between business segments, effective in the first quarter of 2010. These changes are part of 3M's ongoing strategy to better align its businesses with market and customer needs, aiming to drive growth. The most notable product move involves acoustic systems products shifting from the Occupational Health and Environmental Safety Division (within Safety, Security and Protection Services) to the Automotive Division and the Aerospace and Aircraft Maintenance Department (both within Industrial and Transportation). This consolidation aims to establish an acoustic center of excellence within the Industrial and Transportation segment. The reclassifications have resulted in updated historical financial reporting for these product moves. Specifically, the company notes an increase of $116 million in net sales for the Industrial and Transportation segment for the full year 2009, with a corresponding decrease in net sales for the Safety, Security and Protection Services segment. Investors should note that this filing incorporates these reclassified results into updated sections of the 2009 10-K, including business descriptions, management's discussion and analysis, and financial statements. These updated figures will be reflected in all periods presented going forward and will be incorporated by reference into future SEC filings.

Key Highlights

13M Company is reclassifying certain product lines between its business segments, effective Q1 2010.
2The primary goal of these reclassifications is to improve alignment with markets and customers to drive growth.
3Acoustic systems products are being moved from Safety, Security and Protection Services to the Industrial and Transportation segment.
4This move aims to create an 'acoustic center of excellence' within the Industrial and Transportation segment.
5The reclassification resulted in a $116 million increase in 2009 net sales for Industrial and Transportation, with a corresponding decrease for Safety, Security and Protection Services.
6This 8-K updates the company's 2009 Form 10-K, including business descriptions, MD&A, and financial statements with these reclassified results.
7Updated historical financial information will be reflected in all periods presented and incorporated into future SEC filings.

3M CO 8-K Report, Corporate Update (May 17, 2010)

Summary

Key Highlights

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