| Income Statement for 3M Company (MMM) | | | | | | | Income | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 24,462 | 22,923 | 21,167 | 20,011 | 18,232 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (11,663) | (10,634) | (9,395) | (8,959) | (8,321) | | Gross Operating Profit | 12,799 | 12,289 | 11,772 | 11,052 | 9,911 | | | Selling/General/Admin Expense | (5,015) | (5,066) | (4,535) | (4,332) | (4,039) | | Research & Development | (1,368) | (1,522) | (1,242) | (1,143) | (1,102) | | EBITDA | 6,416 | 5,701 | 5,995 | 5,577 | 4,770 | | Depreciation & Amortization | (1,072) | (1,079) | (986) | (999) | (964) | | EBIT | 5,344 | 4,622 | 5,009 | 4,578 | 3,806 | | Interest Income | 132 | 51 | 56 | 46 | 28 | | Other Income, Net | - | - | - | - | - | | Total Income Avail For Interest Expense | 6,325 | 5,747 | 5,065 | 4,624 | 3,741 | | Interest Expense | (210) | (122) | (82) | (69) | (84) | | Pre-Tax Income | 6,115 | 5,625 | 4,983 | 4,555 | 3,657 | | Income Taxes | (1,964) | (1,723) | (1,694) | (1,503) | (1,202) | | Minority Interest | (55) | (51) | (55) | (62) | (52) | | Net Income from Continuing Operations | 4,096 | 3,851 | 3,234 | 2,990 | 2,403 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 4,096 | 3,851 | 3,234 | 2,990 | 2,403 | | | Normalized Income | 3,247 | 2,777 | 3,234 | 2,990 | 2,496 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | 849 | 1,074 | - | - | (93) | | Income from Cum. Effect of Acct Change | - | - | (35) | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 4,096 | 3,851 | 3,199 | 2,990 | 2,403 | | | Results | in Dollars (Preferred Dividends in Millions) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 1.92 | 1.84 | 1.68 | 1.44 | 1.32 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 5.70 | 5.15 | 4.23 | 3.83 | 3.07 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 5.70 | 5.15 | 4.23 | 3.83 | 3.07 | | | Diluted EPS from Continuing Operations | 5.60 | 5.06 | 4.16 | 3.75 | 3.02 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 5.60 | 5.06 | 4.16 | 3.75 | 3.02 | | | |
