| Schedule of Business Segment Information |
Business Segment Products | | | | | | | | | Business segment | | Representative revenue-generating activities, products or services | | Safety and Industrial | | •Industrial abrasives and finishing for metalworking applications •Autobody repair solutions •Industrial specialty products such as personal hygiene products, masking, and packaging materials •Electrical products and materials for construction and maintenance, power distribution and electrical original equipment manufacturers (OEMs) •Structural adhesives and tapes •Respiratory, hearing, eye and fall protection solutions •Natural and color-coated mineral granules for shingles | | | | | Transportation and Electronics | | •Advanced ceramic solutions •Attachment/bonding, films, sound and temperature management for vehicles •Premium large format graphic films for advertising and fleet signage •Reflective signage for highway, and vehicle safety •Light management films and electronics assembly solutions •Aerospace, industrial/commercial solutions •Chip packaging and interconnection solutions •Semiconductor production materials •Solutions for data centers | | | | | Consumer | | •Cleaning products for the home •Consumer air quality products •Picture hanging accessories •Retail abrasives, paint accessories and safety products •Stationery and office products •Automotive appearance products •Consumer bandages, tapes, braces and supports
Some seasonality impacts this business segment, for example back-to-school and holiday |
Business Segment Information | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net sales (millions) | | | | | | 2025 | | 2024 | | 2023 | | Safety and Industrial | | | | | | $ | 11,384 | | | $ | 10,961 | | | $ | 10,956 | | | Transportation and Electronics | | | | | | 8,272 | | | 8,380 | | | 8,501 | | | Consumer | | | | | | 4,920 | | | 4,931 | | | 5,026 | | | Total reportable business segment net sales | | | | | | 24,576 | | | 24,272 | | | 24,483 | | | Corporate and Other | | | | | | 372 | | | 303 | | | 127 | | Total Company | | | | | | $ | 24,948 | | | $ | 24,575 | | | $ | 24,610 | | | | | | | | | | | | | | | | | | | | | Significant segment expenses and operating performance (millions) | | | | | | 2025 | | 2024 | | 2023 | | Safety and Industrial | | | | | | | | | | | | Cost of sales | | | | | | $ | 6,172 | | | $ | 5,965 | | | $ | 6,137 | | | Selling, general and administrative expenses | | | | | | 1,858 | | | 2,020 | | | 2,023 | | | Research, development and related expenses | | | | | | 518 | | | 485 | | | 472 | | | Safety and Industrial operating income | | | | | | 2,836 | | | 2,491 | | | 2,324 | | | Transportation and Electronics | | | | | | | | | | | | Cost of sales | | | | | | 5,270 | | | 5,106 | | | 5,524 | | | Selling, general, administrative expenses | | | | | | 1,080 | | | 1,236 | | | 1,207 | | | Research, development and related expenses | | | | | | 486 | | | 460 | | | 458 | | | Transportation and Electronics operating income | | | | | | 1,436 | | | 1,578 | | | 1,312 | | | Consumer | | | | | | | | | | | | Cost of sales | | | | | | 2,941 | | | 2,912 | | | 3,064 | | | Selling, general and administrative expenses | | | | | | 855 | | | 955 | | | 933 | | | Research, development and related expenses | | | | | | 128 | | | 132 | | | 125 | | | Consumer operating income | | | | | | 996 | | | 932 | | | 904 | | | Total reportable business segment operating income | | | | | | 5,268 | | | 5,001 | | | 4,540 | | | Corporate and Other | | | | | | | | | | | | | | | | | | | | | | | Corporate-level (expense) income | | | | | | 75 | | | (114) | | | (485) | | | Corporate special items: | | | | | | | | | | | | Net costs for significant litigation | | | | | | (483) | | | (45) | | | (14,785) | | | Divestiture costs | | | | | | — | | | (20) | | | (13) | | Gain (loss) on business divestitures | | | | | | (162) | | | — | | | 36 | | | Russia exit (charges) benefits | | | | | | — | | | — | | | 18 | | | Transformation costs | | | | | | (69) | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | Total Corporate and Other | | | | | | (639) | | | (179) | | | (15,229) | | Total Company operating income | | | | | | 4,629 | | | 4,822 | | | (10,689) | | | | | | | | | | | | | | Other expense/(income), net | | | | | | 416 | | | 3 | | | 582 | | | Income from continuing operations before income taxes | | | | | | $ | 4,213 | | | $ | 4,819 | | | $ | (11,271) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Depreciation and amortization (millions) | | | | | | 2025 | | 2024 | | 2023 | | Safety and Industrial | | | | | | $ | 569 | | | $ | 556 | | | $ | 530 | | | Transportation and Electronics | | | | | | 572 | | | 458 | | | 537 | | | Consumer | | | | | | 155 | | | 157 | | | 160 | | | Corporate and Other | | | | | | 12 | | | 53 | | | 206 | | | Total continuing operations | | | | | | $ | 1,308 | | | $ | 1,224 | | | $ | 1,433 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Capital expenditures (millions) | | | | | | 2025 | | 2024 | | 2023 | | Safety and Industrial | | | | | | $ | 347 | | | $ | 373 | | | $ | 285 | | | Transportation and Electronics | | | | | | 300 | | | 468 | | | 723 | | | Consumer | | | | | | 61 | | | 80 | | | 105 | | | Corporate and Other | | | | | | 202 | | | 183 | | | 275 | | | Total continuing operations | | | | | | $ | 910 | | | $ | 1,104 | | | $ | 1,388 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | Assets (millions) | | December 31, 2025 | | December 31, 2024 | | December 31, 2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Business segment assets: | | | | | | | | Inventories | | | | | | | | Safety and Industrial | | $ | 1,636 | | | $ | 1,509 | | | $ | 1,592 | | | Transportation and Electronics | | 1,093 | | | 1,269 | | | 1,459 | | | Consumer | | 694 | | | 719 | | | 699 | | | Total business segment assets | | 3,423 | | | 3,497 | | | 3,750 | | | All other current assets | | 12,964 | | | 12,387 | | | | | Total non-current assets | | 21,346 | | | 23,984 | | | | | Total assets | | $ | 37,733 | | | $ | 39,868 | | | |
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