3M Results Presentation Deck
Certain non-GAAP measures (continued)
Description of Special Items - 2021
In addition to reporting financial results in accordance with U.S. GAAP, the Company also provides various non-GAAP measures that
incorporate adjustments for the impacts of special items. Special items incorporated in the preparation of these non-GAAP measures for
2021 include the items described below:
Net costs for significant litigation:
• These relate to 3M's respirator mask/asbestos, PFAS-related other environmental, and Combat Arms Earplugs matters. Net costs
include the impacts of changes in accrued liabilities, external legal fees, and insurance recoveries, along with the associated tax
impacts. Net costs related to respirator mask/asbestos and Combat Arms Earplugs matters are reflected as special items in the
Safety and Industrial business segment while those associated with PFAS-related other environmental matters are primarily
reflected as corporate special items in Corporate and Unallocated.
2022 Q2 Earnings - July 26, 2022. All rights reserved.
3M
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