2023 Q3 Earnings
Business segment information
($M)
Adjusted net sales*
Q3 2023 adjusted sales growth*
Adjusted operating income*
Adjusted operating margin*
Total
Q3
Q3
Organic
sales
Q3
Q3
Business Groups
2023
2022
growth
FX
M&A
change
2023
2022
Percent
change
Q3
2023
Q3
2022
Safety & Industrial
$2,751
$2,894
(5.8)%
0.9%
-%
(4.9)%
$708
$673
5.4%
25.7%
23.2%
Transportation & Electronics
$1,879
$1,889
(1.8)%
0.1%
1.2%
(0.5)%
$494
$410
20.9%
26.3%
21.7%
Health Care
$2,073
$2,076
2.4%
0.8% (3.4)%
(0.2)%
$460
$450
2.2%
22.2%
21.7%
Consumer
$1,315
$1,409
(7.2)%
0.5%
-%
(6.7)%
$269
$299
(10.1)%
20.5%
21.2%
Total Operating Business
Segment
$1,931
$1,832
Corporate & Unallocated
$2
$1
$(72)
$(42)
Total
$8,020 $8,269
(3.1)%
0.6% (0.5)%
(3.0)%
$1,859
$1,790
3.9%
23.2%
21.6%
*"Safety & Industrial", "Transportation & Electronics", "Corporate & Unallocated", "Total Operating Business Segment" and "Total" provided on an adjusted basis while
"Health Care" and "Consumer" are not provided on an adjusted basis
2023 Q3 Earnings | October 24, 2023. All rights reserved.
3M
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