3M Company 8-K 2006
3M COMPANY AND SUBSIDIARIES
* As discussed in Note 1 to the Consolidated Financial Statements, effective January 1, 2006, 3M adopted SFAS No. 123R. Since 3M elected to use the modified retrospective method prior periods have been restated, resulting in a reduction in earnings and in the ratio of earnings to fixed charges. 2003 includes a $93 million pre-tax loss related to an adverse ruling associated with a lawsuit filed by LePages Inc. 2002 and 2001 include net pre-tax losses of $202 million and $504 million, respectively, primarily related to the 2001/2002 corporate restructuring program.