{ "docId": "019de070-5446-70aa-bbe3-bf1127b3372d", "docSlug": "66a5438c4c3c6bd18f4cb0c0bb778b65", "documentTitle": "3M | Results Presentation Deck | 19 slides", "authorId": "3m", "authorName": "3M", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2020-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 9, "pageCount": 19, "prevPage": 8, "nextPage": 10, "slideType": "kpi_overview", "function": "analyze_data", "density": "overcrowded", "nDataPoints": 14, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de070-5446-70aa-bbe3-bf1127b3372d/9", "deckHref": "/decks/019de070-5446-70aa-bbe3-bf1127b3372d", "deckJsonHref": "/decks/019de070-5446-70aa-bbe3-bf1127b3372d.json", "deckAnchorHref": "/decks/019de070-5446-70aa-bbe3-bf1127b3372d#slide-9", "components": [ { "bbox": { "h": 0.08, "w": 0.35, "x": 0.56, "y": 0.31 }, "kind": "list", "text": "Adjusted free cash flow of $2.2B, up 13% year-on-year\nYTD 2020: $4.6B, up 19% year-on-year", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "29f75e27-3743-4a87-8b36-e3f2b80a3d7c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.35, "x": 0.56, "y": 0.43 }, "kind": "list", "text": "Adjusted free cash flow conversion of 153%\nYTD 2020: 125%, up 29 ppts vs. last year\nCapital expenditures:\nQ3 2020: $368M, up $19M year-on-year\nFY 2020: $1.4B - $1.5B vs. ~$1.4B previously", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "443389d4-69e8-4874-954b-6e46d524abb9", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.18, "w": 0.35, "x": 0.56, "y": 0.66 }, "kind": "list", "text": "Net debt reduction of $1.3B:\nQ3 2020: $15.0B vs. Q2 2020 $16.3B\nYTD 2020: decline of $2.8B, or 16% reduction\nCash returned to shareholders\nYTD 2020: $2.5B in cash dividends paid", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "9c1292f1-e110-4466-8cd8-18536ef1ce9c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.15, "x": 0.03, "y": 0.33 }, "kind": "metric", "text": "$2.2B", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8cfe26ec-a794-402b-8dbc-7c6bd4516a6d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.15, "x": 0.03, "y": 0.75 }, "kind": "metric", "text": "$0.8B", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "92ab002d-2118-4a93-8ade-353485845e09", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.15, "x": 0.03, "y": 0.54 }, "kind": "metric", "text": "$4.6B", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f2f4f84a-e3f7-4bb1-9e9e-ebbb97a04166", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.3, "x": 0.03, "y": 0.91 }, "kind": "source-note", "text": "See Appendix for additional information\n2020 Q3 Earnings – October 27, 2020. All rights reserved.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5cc0860d-f005-413d-933c-da6ed2633d60", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.25, "x": 0.23, "y": 0.56 }, "kind": "subtitle", "text": "Cash & Marketable Securities", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0ee5d39e-7bad-4d93-8ba7-2c909b1846e8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.1, "x": 0.23, "y": 0.77 }, "kind": "subtitle", "text": "Dividends", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1f80893a-0845-47a4-b617-161ce36bbb27", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.2, "x": 0.23, "y": 0.35 }, "kind": "subtitle", "text": "Adjusted free cash flow", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b1df9f1f-b033-4dba-b9a8-07f803227b14", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.6, "x": 0.03, "y": 0.05 }, "kind": "title", "text": "Q3 2020 cash flow and balance sheet", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a0ed181b-50ae-42b0-be76-b2d3c2ac3a1c", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 9, "from": 5, "beatId": "e1971d0d-d5e2-4361-9857-b5417c8a31bc", "arcName": "The Sparkline", "arcSlug": "sparkline", "beatName": "Key Performance Indicators Overview", "beatSlug": null, "evidence": "Detailed performance metrics for Q3 2020", "position": 1, "confidence": 0.8, "parentBeatName": null, "parentBeatSlug": null }, { "to": 11, "from": 6, "beatId": "5c193879-09d8-40ea-9700-a8e378bae9d3", "arcName": "The Sparkline", "arcSlug": "sparkline", "beatName": "Key Messages", "beatSlug": null, "evidence": "Strategic discussion and key takeaways", "position": 2, "confidence": 0.8, "parentBeatName": null, "parentBeatSlug": null } ], "loops": [ { "to": 9, "from": 5, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "09170a30-2939-4433-809c-77028c19dc47", "evidence": "The deck provides a clear logical flow from overview to detailed performance metrics", "position": 0, "objective": "Understand 3M's Q3 2020 performance", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" }, { "to": 11, "from": 6, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "2a885376-bb32-4060-a495-a206413ddc17", "evidence": "The deck emphasizes the need for long-term growth and productivity", "position": 1, "objective": "Highlight the importance of advancing the 3M model", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.6, "description": "Quantify what happens if the audience does nothing" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }