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  "presentationDate": "2020-04-01 00:00:00",
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  "notes": "This is a standard financial disclosure slide explaining adjustments made to GAAP figures.",
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      "text": "Refer to 3M’s April 28, 2020 press release for descriptions of non-GAAP financial measures. These non-GAAP measures are not in accordance with, nor are they a substitute for, GAAP measures. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in that press release.",
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      "text": "Significant litigation-related charges/benefits: In the first quarter of 2020, 3M recorded a net pre-tax charge of $17 million ($13 million after-tax) related to PFAS matters. The charge was more than offset by a reduction in tax expense of $52 million related to resolution of tax treatment with authorities regarding the previously disclosed 2018 agreement reached with the State of Minnesota that resolved the Natural Resources Damages (NRD) lawsuit. These items, in aggregate, resulted in a $39 million after tax benefit. In the first quarter of 2020, 3M made payments of approximately $63 million related to significant litigation-related matters. In the first quarter of 2019, 3M recorded significant litigation-related charges of $548 million ($424 million after tax) related to historical PFAS manufacturing operations and coal mine dust respirator mask lawsuits. In the first quarter of 2019, 3M made immaterial payments related to significant litigation-related matters.",
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      "text": "Divestiture-related restructuring actions: In the first quarter of 2019, 3M made payments of approximately $13 million associated with restructuring charges taken in 2018 related to addressing corporate functional costs following the 2018 Communication Markets Division divestiture.",
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      "text": "Gain/loss from sale of businesses: In the first quarter of 2020, 3M recorded a pre-tax gain of $2 million ($1 million after tax loss) related to the sale of its advanced ballistic-protection business and recognition of certain contingent consideration. In the first quarter of 2019, 3M recorded a gain related to the sale of certain oral care technology comprising a business in addition to reflecting an earnout on a previous divestiture, which together resulted in a net gain of $8 million ($7 million after tax).",
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      "text": "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 the periods presented include the items described below:",
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