Common-Size Income Statement
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
Income statement item | Description | The company |
---|---|---|
Operating income | The net result for the period of deducting operating expenses from operating revenues. | 3M Co. operating income as a percentage of net sales increased from 2019 to 2020 but then slightly decreased from 2020 to 2021. |
Income before income taxes | Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. | 3M Co. income before income taxes as a percentage of net sales increased from 2019 to 2020 but then slightly decreased from 2020 to 2021. |
Net income attributable to 3M | The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. | 3M Co. net income attributable to 3M as a percentage of net sales increased from 2019 to 2020 and from 2020 to 2021. |