v3.26.1
Supplemental Income Statement Information (Tables)
 3 Months Ended
Mar. 31, 2026
Other Income and Expenses [Abstract]  
Schedule of Other Expense (Income), Net
Other expense (income), net consists of the following:
Three months ended March 31,
(Millions)20262025
Interest expense(a)
$214 $255 
Interest income(49)(79)
Pension and postretirement net periodic benefit cost (benefit)(b)
(2)28 
Solventum ownership - change in value(c)
356 (343)
Total$519 $(139)
(a)     Interest expense includes $106 million and $110 million in the three months ended March 31, 2026 and 2025, respectively, related to outstanding debt. Interest expense in the table above also includes imputed interest associated with the obligations resulting from the PWS Settlement, New Jersey Settlement, and CAE Settlement (all discussed in Note 15).
(b)     Pension and postretirement net periodic benefit income described in the table above includes all components of defined benefit plan net periodic benefit cost (benefit) except service cost, which is reported in various operating expense lines. Refer to Note 12 for additional details on the components of pension and postretirement net periodic benefit cost (benefit).
(c)     Solventum ownership - change in value relates to the change in value of 3M's retained ownership interest in common stock of Solventum Corporation, an independent public company ("Solventum"), in connection with 3M's spin-off its former health care business completed in April 2024 ("Solventum Spin-off"). As of March 31, 2026 and December 31, 2025 the balance of unrealized gain on this investment was $1.1 billion and $1.5 billion, respectively.